Wilmington Share Discussion Threads

[gucci] 07/2/2013 22:28

Lovely close today

[speedsgh] 07/2/2013 16:59

RSI/MACD looking v buyable. Add in this pm's acquisition rns + half-year results due on 26/2 and i reckon we could see this whip up a bot of a head of steam in the coming days/weeks.

[cockneyrebel] 07/2/2013 15:57

Looks a nice buy imo

CR

[cockneyrebel] 07/2/2013 15:47

Acquisition:

RNS Number : 4228X
Wilmington Group Plc
07 February 2013
7 February 2013
Wilmington Group plc
Acquisition of NHiS Ltd further strengthens Wilmington's presence in the healthcare market
Wilmington Group plc, the provider of Information, Compliance, and Education to professional markets announces the acquisition of the entire issued and to be issued share capital of NHiS Limited ("the Business") for an initial cash consideration of GBP5.6m and a further deferred consideration of up to GBP3.75m subject to the Business achieving challenging targets for the growth in underlying profit. The deferred consideration will be satisfied by issuing of up to 1.5m new Wilmington Group plc shares in October 2016 dependent inter alia upon NHiS's audited future earnings for the years ended 30(th) June 2015 and 30(th) June 2016. The number of new Wilmington Group plc shares to be issued in October 2016 will be determined by reference to the average of the closing mid market price on the preceding five business days. The Business was acquired with cash of GBP0.6m and the initial consideration will be financed out of the Group's existing GBP65m debt facility.
NHiS has been in operation since 2007 and is a leading provider of business intelligence, data analysis, workflow tools and other services to pharmaceutical companies in the UK. Around 40% of its revenue is derived from subscriptions and the business has enjoyed high overall renewal rates as defined by customer spend in excess of 90%. Over 75% of NHiS revenue is delivered digitally.
The acquisition of NHiS is consistent with Wilmington's strategy of acquiring businesses with high repeat revenues and strong, cash generative income streams in the Group's key market verticals. The Business will form part of the Wilmington Healthcare Division and will work closely with the highly complementary Binley's Healthcare Information business.
The existing executive management team led by Nick Merryfield, the founding Managing Director, and Paul Midgley will remain with the business and they, along with five other individuals, comprise the vendors of the Business.
NHiS's last annual results to March 2012*, showed revenue of GBP1.8m, up 45% from the prior year and profits before tax and nonrecurring costs of GBP0.8m. The Business has seen a strong start to the year and turnover for the first nine months increased by 20%. Deferred income as 31(st) December 2012 was up 50% on 31(st) December 2011. Gross Assets at 31(st) March 2012 were GBP1.6m. The acquisition is expected to be earnings enhancing in the first full year of ownership.
*unaudited accounts adjusted for Wilmington Group plc accounting policies
Commenting on the acquisition Charlie Brady, Chief Executive of Wilmington Group, said:
"NHiS is an innovative business that has built up a major business intelligence and technology capability in a complementary area where our own Binleys Healthcare Information continues to see good growth potential. The Business will benefit from being part of a larger group with the infrastructure and resources of Binleys. We are particularly pleased that the existing highly experienced management team are joining the Wilmington Group and look forward to working with them as they continue to develop NHiS".

[cockneyrebel] 07/2/2013 11:16

Firming up - rally to the results here?

CR

[gucci] 04/2/2013 15:05

waiting for it to start next leg up

[cockneyrebel] 04/2/2013 10:47

chart making the bottom short term here?

Results in 3 weeks.

CR

[cockneyrebel] 24/1/2013 14:54

100k buy through today - think there's a little bit of stock about then we rally up to the results imo :-)

CR

[speedsgh] 10/1/2013 12:10

gucci - yes, i know it's only at the 160p level. what i am trying to quantify is how much upside is there beyond 180p once the bowl has completed.

[gucci] 09/1/2013 23:37

Speed - it's only 160p ATM

[speedsgh] 09/1/2013 23:25

CR - bowl would appear to complete at 180p here. how much upside do you see from current levels?

[cockneyrebel] 09/1/2013 21:19

Yep, great day here :-) Possibly no trading update if they have given the results date - they don't normally do one tho.

Nice buys today, perhaps some SCSW comment or a re-tip on Sat.

Lovely high divi ISA-able stock to be holding imo.

CR

[allstar4eva] 09/1/2013 19:29

Having another good day CR:-) I wonder if there will be a trading update? Looking back through previous RNSs they don't normally supply them at this time of year...?

[cockneyrebel] 09/1/2013 12:53

several large trades yesterday.

CR

[cockneyrebel] 08/1/2013 14:38

Broken out through March 07 high today - test of that 176p level soon?

SCSW out this week end - they tipped this as heading to £2 a couple of issues ago.

CR

[cockneyrebel] 04/1/2013 17:15

Lovely bowl:

[sportbilly1976] 04/1/2013 16:17

Results due for release on 26th Feb

[cockneyrebel] 04/1/2013 14:37

A steep uptrend and through that resistance area on the chart

CR

[cockneyrebel] 03/1/2013 10:58

SCSW reckoned these were going to £2 and said that rather confidently imo.

Reckon these will rally off the next trading statement. The way they put out the revised way to view their performance suggests they want how well they are doing to be crystal clear imo.

New recent highs today.

CR

[sportbilly1976] 03/1/2013 10:48

gradually working through the resistance area at 150-160...once through next stop is the high at 180/182

Hopefully the forthcoming trading update will give the stock the required impetus

[cockneyrebel] 27/12/2012 17:49

Hmmm, what about the move to digital?

They are going to need far less staff as they can scan the data in accurately. Margins are set to soar imo. This will be a different business going fwd as far as growth goes. And with net debt down by about £10m over last year.

Was a chunky £500k share-buy by the new FD at around this level too - directors here may have been good buyers in the past but £500k worth is a sizeable buy imo.

CR

[mryesyes2] 27/12/2012 11:47

the problem here is that it's easier to innovate and woo internationally if you are pearsons, owners of the ft, but if your background, that is not wholly the past is tawdry uk trade mags where the ad guys lunch at subways with the editors
it's less easy to stand out even in singapore as they found........
or find the last place books still sell on content, lawyers offices, university bookshops
paying a good dividend, has always had a history of director buys
was above current share price as recently as Q1 2011 and very volatile
back in 1999 when all it did were hospital waste news, nuclear power intl and modern power systems etc "with a free ad on our website" they were over £4
no dilutions since then, the certs from then would still be valid
trick is to be prepared to reduce / get out, time to have got in was sub £1
the swings are lengthy if they go against you, and their is no floor now they have sold so much of the old core uk boring stuff

[sportbilly1976] 24/12/2012 12:22

Positive news...looks to be ending the year well. Here's to a positive update in the New Year

[cockneyrebel] 24/12/2012 11:35

RNS Number : 1939U
Wilmington Group Plc
24 December 2012
24 December 2012
Wilmington Group plc
Property Sale
Wilmington Group, the provider of Information, Compliance, and Education to professional markets confirms today that it has successfully completed the disposal of its surplus freehold property announced in the results for the year ended 30(th) June 2012. The sale has generated proceeds of GBP4.4m (net of costs) which will be reflected in the half year results for the 6 months to 31st December 2012.
----------------------------------------

Should reduce debt even further and ongoing business rates - WIL becoming a much leaner meaner machine imo, fewer staff and properties - greater profits imo.

CR