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Dividend is OK, but only 0.68p will be paid because it is pro rata for part of the year since the float.
...day tomorrow.
...day tomorrow.
My Equiniti holding is at last showing a small 2.2% profit. I really rate this company as a buy for many reasons, but mainly the company history. It is unlike any other in my ISA. I am not sure why it fell after the float, anyone any thoughts?
Sorry for accidentally using 2014 figures, it does take ages to put them clearly so I hope these are correct. They are certainly very encouraging. Revenue (£m) 369.0m (292.3m) +26.2% EBITDA prior to exceptional items 86.2m (70.0m) 23.1% EBITDA margin 23.4% 23.9% +0.5% Free cash flow prior to exceptional items 97m (72.5m) +34.6m Cash flow conversion 113% (104%) +0.9% EBIT 10.2m (21.7m) +53% Normalise earnings per share (eps) 13.5p 10.7p +26.2% Reported loss per share (93p) (780p) Dividend per share (pence) 0.68p Net debt 246.0m (458.2m) -46.3% Leverage *2.8 (*6.5)
Sorry, but why are you quoting 2014 figures?
Revenue: 292.3m (264.4m in 2013) EBITDA 70m (67.45m in 2013) Cash Flow 72.5m (75m in 2013) Cash Flow Conversion 104% (93% in 2013) EBITDA 70m Guy Wakely CEO says "2014 has been a transformative year for Equiniti, in which we have successfully enhanced the capabilities and scale of the existing business while continuing to improve our operating efficiency. This has been achieved through a combination of direct investment in the business and strategic acquisitions, the benefits of which have already started to feed through into revenue. We are very pleased with the progress we have made over the course of the year, and we believe that our enhanced offering combined with a strong sales pipeline leaves us well placed to sustain this momentum."
...out today, hopefully with a nice first dividend.
I was not expecting to be down 11.5% so soon after buying, and after an early 12% profit but I always invest for the long term so hey-ho.
I think it's just the current state of the stock market in general. Large fluctuations on a lot of stocks. It's not the lowest it's been, it bottomed out at around 1.30 last week . There is nothing to suggest that this is going to tank so hang in there.
If I new the reason for the fall, I could decide wether to buy or sell, does anyone know why the SP has fallen so much today.
Having spent a month away visiting grandchildren in Australia and New Zealand, I return to find my EQN shares showing a loss of 3.2%, but remain undismayed as I bought a full tranche in the beleif that this is a successful company that will come good long term. I also note that all my other holdings have fared worse.
Yes, i must say that this is ticking along quite nicely.
My Selftrade Account states 12% profit. I am still sure there is plenty to come and that EQN is a long term hold.
Profit on EQN since my original purchase in the share offer is now 5.2%, since the 27th October. Very encouraging especially as I bought expecting steady growth rather than quick rewards.
Got this share from the "Nakedtrader" so checked it out, when I saw the amount of shares the Directors had bought l thought I would invest, so far so good.
Nice sustained rise today and short term chart suggest a run into the 180's
This is the second IPO I have bought into my ISA, the first being Royal Mail. Equiniti is an established company with real history and was offered at a sensible price, and with rules allowing a worthwhile investment for my fund. I was sure enough of the company to invest the remainder of my money (after the allowed purchase over £10000) straight in at an even better price. After another small rise today my profit is already 4.2%. I have seldom been as confident in a new investment and fully expect the value to continue to grow.
...going quite nicely now.
Seems that the price has been managed upwards since the IPO launch. Now at issue price. May make some proffit on these after all.
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It was always Sunday on their own trading accounts, along with SAGA who use the same platform.
They announced it on the Friday(last day to buy) saying it was all sold but they were keeping open until Sunday ! then on the first day it drops 6% who knows what happened I know I lost money and am now out
When was the deadline extended to? When and where was it announced?
I have no idea why the deadline was extended however I see a smoking gun so I got out while the loss was small maybee more to come