Good day sir, I find the shares of this company interesting, i.e. a potentially attractive investment for me. I think you would concur with me that, if [as suggested by the analyst whose report you kindly attached last week] the company were to find itself earning 30p in an imminent financial year, the share price will be significantly above the current level. One small point which, in the most respectful way possible, I wish to like to raise with you is as follows: I see that, in the half year to 31.12.2013, the year-over-year revenue gain is approximately 13% and the year-over-year gain in "trade and other receivables" is approximately 28.5%. I am not saying that this observation by itself is a big thing. It is possible that a disproportionate share of the revenue gain took place close to the end of the half-year reporting period, so the disproportionate rise in accounts receivable may have reversed itself in the second half. Do you have any concern about this one metric in the half-year figures? I thought that I would bring the foregoing to your attention. I really do like the company. I wish I had been aware of it at an earlier time, but I am thinking nevertheless that HGR8 may very well be presenting me with a good opportunity. The metaphor will sound incongruous for a company that furnishes private-plane travel, but I will suggest nevertheless that the train may be about to leave the station! By the way, I write from across the pond. I like to mention that fact because I would not wish for any reader to regard me as a poor speller if any such reader were to observe the spelling by me in the American style of a word such as "favor" without the "u." Good luck to all. Rob
18 Jul '14
Increased 30p EPS forecast
Here's a link to the new 30p EPS forecast for this year FYI: Https://www.share.com/find-investments/advanced-finder/company-overview/hangar-8/financials/forecasts/14858/
17 Jul '14
The broker forecast for the current year to 30/6/15 has now been increased to 30p EPS, up from 26.3p EPS two weeks ago, with 20p EPS forecast for the year just ended. A reasonable multiple of only 12 would give a 360p share price on 30p EPS. A more ambitious multiple given the growth here would see the share price at 450p-500p. And that's without taking into account the cash pile.
17 Jul '14
Hi djone. No advice, but I've got a decent stake in SOM, put it that way! The next results should show, per the recent trading statement, that SOM is experiencing terrific worldwide growth and is on a cheap rating imho. Lots of cash to spend too.
8 Jul '14
Looking to invest in SOM, any advice?
8 Jul '14
Superb - and very positive - article Lancygeo, many thanks. I've copied it elsewhere.
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