Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Riddle me this Batman: how does revenue grow 25% vs pcp when organic revenue growth is 45% and the firm has completed acquisitions over the last year
Can’t believe these are sitting at this price. Oh well I added on Friday. Hopefully onwards and upwards.
Trading update
The Group expects to report gross revenue of approximately USD 194.9 million, net revenue / gross profit of approximately USD 45.8 million and Adjusted EBITDA1 of approximately USD 21.3 million for the three months ending 31 March 2023, an increase of 24%, 15% and 15% respectively compared to the three months ending 31 March 2022. Year-on-year organic growth2 for the trailing twelve months ending 31 March 2023 is estimated at approximately 45%.
Cash increased to USD 102.9 million at 31 March 2023 from USD 95.0 million as at 31 December 2022, reducing Net Debt3 to USD 49.2 million at 31 March 2023 (USD 56.6 million at 31 December 2022), including the impact of the Company returning USD 4.3 million to shareholders via the share buyback scheme announced on 30 December 2022.
Yesterday on LinkedIn Michael said in an article 'don't miss our trading update on Monday, where we'll discuss the robust performance of our business '.
Sounds quietly confident.
Some chunky buys coming through today. At least one of them is mine ;-)
Let’s see what Monday’s update brings.
Given this confidence, I am pleased to announce that the Directors intend to propose paying a maiden dividend of 1.0p for the year 2022 to the AGM to be held in late April. This is the next step of our plan of returning cash to shareholders, following the completion of our maiden share buyback programme in early 2023. I look forward to keeping you updated on our progress throughout 2023."
1.8 million Director share dump this month. That’s an odd think to do for the fasted growing company of the year. Beware of it’s paid for media tips and ramping. Hope history proves me wrong here.
Don’t be a d**k. Like any household or business wages and growth are ultimately paid for out of real net profit or dilution. Cash is king and nothing - Tour obviously a novice investor — Had it ever occurred to you was the SP is so low? (Also the net losses are all missing from paid for by CNIC Edinson reports). As I said let’s see if it actually makes real profit, then you will see a rerating. I’m long and hoping to see a net profit this year but I’m realistic to the risks with AIM shares. None of them
Share their real challenges and downsides like most PLC’s and they’re not well regulated. (Why are the Directors not buying on mass huge volumes I wonder before the closed period). Mmmh
My guess would be Horst Siffrin is selling some more. The 90 day lock in period probably expired yesterday.
You’d think folk would be buying this…. It keeps sliding. Doesn’t make sense, hope I’m not missing anything here?
Weird, usually’A’ trades but Ordinary trades, very weird. See what Monday brings, hopefully a positive update.
19 ‘1’ trades and counting. What’s all that about? Bizarre.
I was going to grab some on the bell but missed it. I’ll get them first thing.
Think you know what I meant, regarding the 34%…
ATB
pompal fill your boots for monday at 120p , i am
and you are not happy with 34% rise lol ,
Monday 24 April
CentralNic Group PLC Trading Statement
Who knows? Every bit of research I’ve done, along with a couple of very knowledgeable posters here, tells me nothing but a huge buy. Yet still the sp does nothing and sells off. Huge growth in three years yet the sp has risen @34% in that time. Is this just going to be ‘one of those shares?’
What are peoples’ expectations for Q1? Q4 last year was exceptional from a revenue POV (c$250m) - I’m not sure how seasonal the business is - presumably more purchases at Xmas so less ad revenue in Q1 than other quarters? So one quarter of the analysts’ annual revenue expectations (c$190-220m) would be a very good result?
gg- your post should be pined on every chat room of this website ahaha
Anyway CNIC is a huge buy.
Oh god Monty will you drop it mate....go and do some valuation lessons for investing - Free Cash Flow - it is the sole driver of any net present value calculation....I'm not making it up for you pal...it is an axiomatic law! Please go away and learn this and stop repeating the same garbage about IFRS / GAAP earnings numbers. Jesus...
Well if they can actually make a net profit they would be well priced for upturn. Loss making past 2 years or so.
Https://masterinvestor.co.uk/equities/centralnic-updates-expected-next-week/?mc_cid=67e9717022&mc_eid=981c83cee2
Extracts:
"Brokers’ Views – A Value Of 279p A Share
Analyst Bob Liao at Zeus Capital considers that the company’s shares are underrated, trading at the bottom of its peer range while delivering strong growth and earnings performance.
He reckons that the current valuation is at odds with the substantial cash generation that his brokerage is forecasting.
For the current year he estimates $771.8m revenues, $91.8m EBITDA and 20.7c in earnings.
For next year his figures indicate a revenue of $818.4m, $97.3m EBITDA and 22.1c per share in earnings.
Liao suggests that the group’s strong growth is set to continue and that its outstanding growth and track record of earnings outperformance are not factored into the shares’ low multiples.
Max Hayes and Katherine Thompson at Edison Investment Research take the view that CentralNic is now at critical mass, with its business positioned for sustained growth.
For the current year their estimates are for $833.7m revenues, $94.4m EBITDA with 20.0c earnings.
The 2024 period, they reckon, could report $909.6m sales, $103.0m EBITDA and earnings of 22.1c per share.
The analysts have fixed an implied share price value of 279p a share."
"My View – These Shares Are ‘As Cheap As Chips’
Next Monday we should see a very interesting AGM Trading Update being announced and at the same time the group will be reporting on its first quarter trading.
I have the view that there is so much more to come from this company – its management has clear views on where it wants to go and how to progress its overall prospects.
I also feel that we could be getting another share buyback programme in the short term.
Having already stated that I have made CentralNic group one of my ‘star picks’ for 2023, its shares at just 123p currently only capitalise the company at £355m, which is far too under-priced a level to be missed.
Up to 150p then 180p and above are my predictions for the shares this year."
Max just cant get enough, and doesnt appear to have maxed out yet. There there are the exercise of options which Michail Liedl has taken and has no intention of selling in the foreseeable. Glad I topped up friday . i guess it is possible that there is still some overhang from the 2.2 million sell off from the retiree. All seems a bit bonkers really but hey, donr look gift horse in the mouth again! (Imo diy etc)
Deano. It would appear that for some reason after the company bought back shares by the million @£1.5+, one of the retiring directors decided to offload 1.8 million shares at the placing price of £1.20. In this day and age of the internet you would think that one of the leading exponents of internet facilitation might find it easier than most to communicate!
Hopefully we now have a level playing field again for the time being.
CentralNic Group PLC - London-based internet services holding company that develops and manages online marketplaces - Erin Invest & Finance Ltd sells 1.8 million shares at a price of GBP1.20 each, worth GBP2.2 million, in London on Thursday. Following the sale, Erin Invest & Finance is now interested in 13.9 million shares, a 4.84% stake. Erin Invest & Finance says the sale is to fund Erin's investment opportunities.
Non-Executive Director Samuel Dayani has a beneficial interest in Erin Invest & Finance.
"Erin Invest & Finance considers itself a long-term holder in CentralNic and has notified the company that it has no intent to sell any further shares in the foreseeable future," CentralNic says.
Atlantic Capital Markets have this morning emailed out a report on a "Secret AIM stock" which is a "diamond in the rough".
You have to click the link to find the stock is CNIC:
Https://atlanticmarkets.azurewebsites.net/secretAIM?email=adriangraham100@hotmail.com&src=BASEsecretAIM
Conclusion:
"Summary
Make no mistake, the share price has seen rapid growth since the float, and this is all in line with the underlying revenue and business growth seen up to now. The big question is: can it continue? That all being said they are, and continue to be at the forefront of their market and with an ultra-entrepreneurial attitude to growth this trend should continue.
They also reap the rewards of a rather unique marketing strategy that doesn’t rely on tracking, so is not threatened by Apple’s privacy rules. As the company has full visibility over its domains, it can use context to place ads. They use specific software to place the ads, so as its scale increases so does profitability, giving it truly independent ability to grow rather than constantly being in the shadow of the tech giants such as Apple. The recent announcement of a dividend and continued growth in the cash flow also add to the investment argument. However, a word of
caution, it is a fast-moving and ever-changing industry and while CentralNic has established itself as a leader in the sector be aware it is a fast-moving and ever-changing sector. Like all stocks operating in this sector you should always be cautious of overcommitting and shares like this should always occupy the speculative end of the portfolio....for now!!!
But the investment proposition looks strong, the introduction of a dividend should also appeal to a fresh wave of income buyers and analysts are also sticking to their 250p target price."
I just bought another 8024 shares @124.5p. Good time to top up my holding in advance of results update from CNIC.