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Judges Scientfic CEO, David Cicurel, CFO, Brad Ormsby, COO, Mark Lavelle and Group Business Development Director, Tim Prestidge present results for the year ended 31 December 2023, followed by Q&A.
Watch the video here: https://www.piworld.co.uk/company-videos/judges-scientific-jdg-full-year-2023-results-presentation-march-2024/
Or listen to the podcast here: https://piworld.podbean.com/e/judges-scientific-jdg-full-year-2023-results-presentation-march-2024/
To my innocent eye these looked most impressive. Dip in sp confusing.
Thursday, 21 March, 4:45pm
David Cicurel, Chief Executive Officer, Brad Ormsby, Chief Financial Officer, Mark Lavelle, Chief Operating Officer and Tim Prestidge, Group Business Development Director will host an online investor presentation covering the financial year ended 31 December 2023, followed by Q&A.
Register here: https://bit.ly/JDG_FY23_results_webinar
David Cicurel, CEO, Brad Ormsby, CFO, Mark Lavelle, COO and Tim prestige, Group Business Development Director present Half Year results for the six months ended 30th June 2023, followed by Q&A. Solid organic and acquisition growth and a 23% increase to interim dividend.
Watch the video here: https://www.piworld.co.uk/company-videos/judges-scientific-jdg-half-year-2023-results-presentation-september-23/
Or listen to the podcast here: https://piworld.podbean.com/e/judges-scientific-jdg-half-year-2023-results-presentation-september-23/
Judges Scientific posted unaudited Interims for the HY ended 30th June this morning. Revenue was up 32% to £61.3m, adjusted pre-tax profit was up 33% to £12.8m and adjusted basic EPS was up 23% to 152.8p. However, there was a statutory loss per share of 18.7p mainly due to acquisition-related costs. The Board expects that the Group will meet market expectations for the full year, for top-line growth of about 9% and bottom-line growth of about 18%. Valuation remains the obvious cloud with forward PE ratio at 23.4x leaving JDG ranked 30th out of 31 names in the Machinery, Equipment & Components sector. The share price has been drifting sideways for the past 6 months as it consolidates its longer run gains. There is a lot to like here for the longer run, but JDG may be a share to monitor in the near term. ..
...from WealthOracle
wealthoracle.co.uk/detailed-result-full/JDG/802
Wednesday, 20 September, 4:45pm
David Cicurel, Chief Executive Officer, Brad Ormsby, Chief Financial Officer, Mark Lavelle, Chief Operating Officer and Tim Prestidge, Group Business Development Director will present followed by Q&A.
Register here: https://bit.ly/JDG_H123_webinar
Sadly, my fears of a Questor recommend have proved correct. Can someone please tell me why this company is having "problems" i have failed to note them ?
O dear, recommended by Questor in the DT. We must all prepare for a big fall in the sp. I will stay holding shares but am now worried.
It is now a 10% fall in the sp over the last month. What is the bad news i have missed, ANYONE ?
Quite a significant fall in the sp in last 5 days. Anyone know why ?
David Cicurel, CEO, Brad Ormsby, Group FD & Mark Lavelle, COO present the results for the year ended 31 December 2022. It was a record performance, they have a substantial order book and completed their largest acquisition of Geotek.
Watch the video here: https://www.piworld.co.uk/company-videos/judges-scientific-jdg-full-year-22-results-presentation-march-23/
Listen to the podcast here: https://piworld.podbean.com/e/judges-scientific-jdg-full-year-22-results-presentation-march-23/
Judges Scientific #JDG FY22 results webinar today 4pm Register https://bit.ly/JDG_FY22_webinar
Rev £113.2m +24%
a EPS 363.8p
ROTIC 28.7%
Cash conversion 80%
Total dividend 81p
Organic order book 21.1 weeks
Like every other JDGs shareholder, I've been excitedly watching the share price climb and am delighted to see it hit an ATH today of £91.99.
Anyone got any theories/insight as to what's causing it? My best guess is that it's got something to do with strong revenue from the various subsidiaries thanks to inflation adjusted pricing, plus supply chain issues easing up making life easier for the underlying scientific instrument businesses. Keen to hear other viewpoints though.
Judges Scientific’s CEO, David Cicurel, Group FD, Brad Ormsby and COO, Mark Lavelle present Interim results for the six months ended 30 June 2022. It was a period where Recovery continued with a large order book (21.3 weeks) and where their largest acquisition was completed. Further, there was a 16% increase to interim dividend.
Video: https://www.piworld.co.uk/company-videos/judges-scientific-jdg-interim-results-presentation-september-2022/
Podcast: https://piworld.podbean.com/e/judges-scientific-jdg-interim-results-presentation-%e2%80%93-september-2022/
Judges Scientific H1 22 webinar on Friday (30th) at 1pm. Register here: https://bit.ly/JDG_H122_webinar
Another solid set of annual results: revenue up 14%, profit up 30%, earnings per share up 50%, net assets up 30%.
The share price has risen about 400% over the last five years. This looks to be a good long-term hold.
Just invested here. The technologies are neither ground-breaking nor cohesive to any particular kind of strategy within the group. In fact detection hardware is kinda 20 years ago, even before...many examples where old instrument companies integrated with services, like TMO. But at Judges, its never going to be huge but there is clear management performance here. Edison said innovation was 99% perspiration, 1% inspiration, I believe thats Judge's approach.
Knew i sent it the first time. :-)
Hi Ronjoe.
Yes still holding - also a holder of SDI as well which are doing OK.
I also hold OMI as well .... but lets not go there LOL :-)
Ronjoe. I'm still holding and will add more - also into SDI as well.
Also a holder of OMI .... but lets not go there at the moment LOL :-)
GLA etc etc
Hey forseti did you hold your shares. If you did you have been well rewarded. I've held for some 10 years and up over 1200%. What i love about jdg is the lack of volatility and drama. They just go about their business brilliantly. Surprised there aren't more posts.
Just to let shareholders and prospective investors know that Judges Scientific plc will be presenting at Mello Events’ Results Roadshow Special webinar event on Monday 29th March at 5pm-9:30pm. There will also be other fantastic company presentations from Digitalbox plc, Filta Group and GetBusy.
There will be over 600 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions including the popular Mello BASH (Buy, Avoid, Sell or Hold).
Tickets are still available and if you would like one at half price then enter the code LSE50OFF.
Https://melloevents.com/mellomonday-29th-march/.
https://www.investegate.co.uk/judges-scientificplc/rns/acquisition-of-korvus-technology-ltd/202010190700074005C/
Judges Scientific, the group focused on acquiring and developing companies in the scientific instrument sector , announces it has acquired the entire issued share capital of Korvus Technology Limited ("Korvus" or the "Acquisition"), a maker of vapour deposition systems. The Board expects the Acquisition to be immediately earnings enhancing.
The initial consideration for Korvus is £2.64 million in cash.
Korvus specialises in the design and manufacture of vapour deposition systems used to coat materials with thin films. Korvus' systems are used for academic and industrial research, the majority of sales being to universities. Korvus' systems are particularly versatile with their modular hexagonal design, enabling the users to easily create a combination of accessories to meet their research requirements.
directors buying 3 shares each?!
With the virus running amok, I just thought I'd post these from yesterdays year end document.
· Cash generated from operations of £19.1 million (2018: £15.7 million);
· Adjusted** net debt of £2.0 million as at 31 December 2019 (31 December 2018: £0.9 million net cash);
o Statutory net debt of £0.3 million at 31 December 2019 (31 December 2018: £0.7 million net cash);
· Cash balances of £14.1 million as at 31 December 2019 (31 December 2018: £15.7 million).
Strategic Highlights
· Moorfield Nanotechnology acquired on 3 December 2019 for a consideration of £2.3 million plus excess cash.
Outlook and COVID-19
· The Group commenced 2020 in a strong financial position with a solid order book, both of which remain robust.
· The impact of COVID-19 is being closely monitored with all necessary precautions being taken across Group businesses.
· Pandemic will affect scientific conventions and our ability to travel safely to our customers and therefore impact order intake, sales and installations.
· Effect on current year trading performance will be limited if the outbreak only lasts a further two months and will have a progressively growing and more significant impact thereafter.
· It is currently expected that the impact on the Group will only be temporary and, that with its robust financial position, the Group's ability to conduct its business model will remain intact.
Thoughts ...
My thought is they have £14Million cash in the bank which should help for the next few months, I'm happy to hold in the current market, I'll be topping up as well methinks.