Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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See www.upcomingdividends.co.uk/ Dividends are declared on the day of release of Interims and Final Results. You are entitled to the dividend for the number of shares you held on that date, unless you sell (some/all) before the Ex Div Date, in which case the buyer is entitled to the Div on those shares you sold.
If you check your share listing in any of the financial pages it will have an asterisk next to the selling price, this means the share has gone ex dividend, this is the period of approximately two weeks leading up to annual and half yearly results, if you buy your shares during this ex dividend period then as it's name suggests you will not qualify for any dividends for the period following the results. This company haven't been great on the dividends front but they will be because their overheads are very low and their royalties from their licences are strong and growing. They have an ex Easyjet man in place who is a big believer in returning value to loyal shareholders. I wish everyone good fortune on the good ship ARM and after watching Dispatches this evening on Channel 4 regarding people in this country who avoid taxes I just despair for all the honest hard working people in this country who are trying to make an income for themselves, legally, and pay their taxes and look at the 0.5 % interest their bank/building society is offering them! Rant over. Be lucky everyone.
Chefmassive your such a vibrent fella, i`m a new investor and as new i mean green as they come! Been a builder all my life then had a serious accident so can`t work and never will again !! **** scarred of the future of life etc.... I`ve got money in shares and seriously do`nt have a clue so i`m asking for help not a **** take!! If anyone else would answer my question it`s very much appreciated. Cheers ......
Chipped in a few quid here today, seems a bit of a steel at this price, can someone please explain dividends to me "sorry for being thick" Am i entitled or should I have bought earlier in the year? Thanks in advance
Hi I`m pretty new to this so it may sound a stupid question to you! Can someone tell me what it means when it says Buy- 2.8 Million pounds of shares at say 8.30.33 the says Buy 2.9 million pounds 20 seconds later please??
Ps and apologies. By half the Eps difference I mean't Eps of (30.5 + 18.1 =) 49.6 / 2 = Eps 25, and I think results might be on Wednesday! And I think they pay UK taxes OK!
Full Year Results on Tuesday. Market sentiment against them cos of Apple growth not up to expectations. Arm doesn't need Apple to grow! They are far bigger than smart phone chips now. Mebbe I'm wrong but as I said if their Eps anywhere near forecast (30.5) they should take off. If they are half of that the Sp will go down (Buy) and adjust as share price bounces back (Sell). If less than 18.1, Sell All as soon as pos! Of course I could be wrong again, so dyor and don't blame me! Bol
Sunderland writing in the Daily Mail today quite rightly observes in relation to the Google tax debate...''on our own stock market the nearest thing we have to a tech champion is ARM, which makes chips for smartphones'' ...if only UK investors realised this and the share price reflected the reality and potential of this company...
Absolutely. I topped up during the dip and am now very very happy.
I wish I had some spare cash to buy some more of these shares. Just an observation...you never lose with shares of great companies unless you're panicked into selling - by the herd...here endeth today's lesson.
Might explain the small rise today when everything else going South. If NEps anywhere near 30.5 forecast the price should rocket. But if NEps less than 30.5 the price will probably decrease initially - didn't hit the target. ie watch Price go down - when stable buy a bunch! NEps 20.0 = Price around 2000, decrease Peg to 1.5 Price around 1350 (guess). Too late for me to work these numbers out, so do your own maths!
Not bothered what the Sp should be in Dec-16. I try to calculate what the Sp should be now. This is because forecast EpsG for next period is always undervalued. What it should be in Dec-16 is what it should be now + EpsG next Year. So in order to calc the Sp for Dec-15 (Prelims to be published early Feb-16) and because of Mips I can't use Dec-14 results, so I project them from Dec-13 and this jumbles up my prev numbers a bit! Date Price NEps Dec-13 1106 11.0 Dec-15 1038 30.5 EpsG 277.3 ProjPrc 3067 where EpsG = CurNEps / PrevNEps * 100 ProjPrc = PrevPrc * EpsG / 100 ie Sp Dec-15 should be 3067 not 1038 Note This assumes the same peg (Dec-13 = 2.26). Problems with China means the Peg of 2.26 is not justifiable so Projected Price = 3067 / 2.26 * JustPeg Price now 931 !!! Hope this makes sense and Bol
Yes but NIG isn't it the future growth that the market marks to, your sums stack up but for the fact that it is Dec 13 to Dec 15. Present a scenario where you look ahead comparing Dec 16 to Dec 15 assuming 30p eps and then there will be a level playing field debate. Until then you ate backfilling.
Results Dec-13, Price 1106, NEps 11.0 Results Dec-15, Price 1039, NEps 30.5 Either Price Dec-13 was overvalued by a factor of 3 and Current Price 961 is correct or Price Dec-13 was correct and Price now undervalued by a factor of 3 or something in between? Peg represents market sentiment, now 0.51 Simple calc Projected Price = 961 / 0.51 * Justifiable Peg where 961 = Price today, Peg = 0.51 based on Projected EpsG of 63.6 As ukchips said Arm is not dependant on Apple, but Arm's revenue from Asia 59% and US 41% A bit worrying cos of state of China, but their revenue comes from chip makers based in Asia/US. Over the last few years Arm's Peg has averaged over 2.0. Decrease the Justifiable Peg to 1.5, Projected Price is 3000. My point is the share price is driven by daily traders now, as opposed to the real value of the company. All Imho of course, but a good topic for arguments! Just state your Just Peg and do the calc Bol
Interesting discussion. Following thread with interest.
Hi My numbers come from Company Refs. The reason from them being different from the published numbers is that Arm bought the intellectual property rights of a company called Mips. Arm decided to write off the cost over a number of years, whereas Coy Refs regarded it as a one off cost. I don't think it alters the idea of my message, that Arm is undervalued by a factor of 2 to 3 ie Sp should be 2000 to 3000. All Imho of course - what do you think a reasonable price for Arm is? Bol
NIGE I have a couple of problems with your numbers For FY Dec 2014 you have 18p eps. ARM Plc statutory accounts for Dec 2014 state 24.12p based on £342.7m profit after tax Using that metric and acknowledging they are going to be Profit after tax of >£400m and circa 30p eps I see that as eps growth of c20% which when against a P/E ratio of 34 makes a peg of 1.70 ??
Amazon Diversifies, Expands Services, Optimizes Delivery Amazon to develop in-house chip Amazon (AMZN) has come a long way since its original adventure into online book sales. Amazon has since branched into several markets, including online retailer sales, cloud computing, video streaming, tablets, and smartphones. Now the company is targeting a new chip called Alpine to cater to OEMs (original equipment manufacturers) and data center operators. In 2015, Amazon acquired Annapurna Labs, an Israel-based chipmaker, for $350 million. Annapurna is using technology pioneered by ARM Holdings (ARMH) to manufacture low-end computing devices such as Wi-Fi routers, storage devices, and connected home products referred to Internet of Things. Intel (INTC) had made several attempts to grab the ARM market for smartphone devices with its Atom processor, primarily designed for tablets, smartphones, and other handheld devices. More than likely, Amazon will use its in-house chips in its products such as the Kindle Fire and the Fire Phone. Intel has 99% market share Amazon’s entry into the chip manufacturing market could raise challenges for Intel, which dominates the market for server chips used in data centers. However, ARM’s chips are primarily focused on low-end devices and have so far failed to take away Intel’s market for power chips designed for data centers, for which Intel has a 99% market share. Amazon Web Services is hiring semiconductor engineers to strengthen its cloud computing unit to customize hardware for better cloud delivery. By acquiring Annapurna Labs, Amazon can leverage its technical know-how to develop technologies for internal use. It will do this in the same way it transformed its internal warehouse with a robot developer after acquiring Kiva Systems for $775 million. Amazon (AMZN) and Advanced Micro Devices (AMD) are part of the iShares Dow Jones US ETF (IYY). They account for 1.2% and 0.01% of the ETF, respectively. Continue to Next Part Browse this series on Market Realist: Part 2 - Amazon Plans to Give Up Dependence on United Parcel Service Part 3 - Amazon Added 3 Million Prime Members in One Week Part 4 - What Can We Expect from Amazon in 2016?
See my post below. I would suggest either holding or taking advantage and topping up whilst the price is low.
iPhone production in China has been reduced by 30% due to the current climate over there. Don't worry Arm will recover long term.
What on earth is going on with this share price to have such a large and rapid fall? Anyone have a clue?
Share price hit by 30% reduction in iPhone production in China. Although the slump is hard to take, China is transitioning to a consumer expenditure led market, which will only be good for Apple and in turn be good for Arm. So I am not worried about the recent slump, either hold or take advantage of the low SP.
Due to a year end …. Up, my system needs all Coys with Ye December adjusting. The first I have to do is Arm, and I noticed: Dec-10 Price 465, NEps 6.4, Per 72.2 Dec-11 Price 602, NEps 8.2, EpsG 27.3, Per 73.4, Peg 2.69 Dec-12 Price 798, NEps 11.6, EpsG 41.6, Per 68.8, Peg 1.66 Dec-13 Price 1106, NEps 11.0, EpsG -5.2, Per 100.5, Peg -19.44 Dec-14 Price 995, NEps 18.1, EpsG 64.5, Per 55.0, Peg 0.85 Dec-15 Price 1039, NEps 30.5, EpsG 68.5, Per 34.1, Peg 0.50 Growth Coy with Peg of 0.50? Gotta be a bargain. Given a Peg of 1.00 Share Price would be 2078 and still cheap. Price now lower than Dec-13 when NEps was 11.0, now almost 3 times that.
Don't get why sales volumes so high. World class company, well run in a huge growth market. Likely to be a 2016 pick for analysts new year forecasts. Not overvalued so why sell? Seems crazy to me!
Barclays is saying 16% upside - http://www.risersandfallers.com/2015/12/14/shares-of-arm-holdings-plc-lonarm-rated-as-overweight-by-analysts-at-barclays-capital/