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Back in again today. May return a solid percentage from this level 12 months down the line :)
Weak trading update yesterday but arguably this drop was overdone! Tempted to buy the bounce
When the only growth business post brexit will be finding people to do all the jobs that are currently done by europeans ?
90p touched this morning
Agreed, we seem to be struggling to break that 3 month trend channel, but we are sitting at the top of it so fingers crossed in the coming weeks we touch the 90s :) Will be running through the results in detail today but on first glance there are no nasty surprises
Look pretty solid to me, expected more of an increase.
Wednesday I believe.
Results due this week. Hoping recent support will underpin a bounce on results days if there are no nasty surprises
to me.
should be blue including mine at 13:54:29
Might see a bit of movement Monday http://www.dailymail.co.uk/money/investing/article-3232001/MIDAS-SHARE-TIPS-Ignore-bad-news-InterQuest-Group-jobs-agent-thriving.html
Possibly a year from now could we see 160-180p and 5-6p annual dividend?
Lets hope we see the share price also significantly up, on the back of these results. Target 120-130p to test its 12 month high point in the medium term looks reasonable. They are in a growth sector for their niche business and it will not be a surprise if they receive a takeover bid. Good value.
All scores significantly up, and dividend increased too.
Very nice indeed: InterQuest Group plc ("InterQuest" or "the Group") Interim Results InterQuest Group plc (AIM: ITQ), the specialist recruitment business operating in high growth areas in the 'new digital economy', is pleased to announce its unaudited interim results for the six months ended 30 June 2015. Financial highlights § Adjusted EBITA* on a constant currency basis up 17% to £2.8m (2014: £2.4m) § Adjusted EBITA* up 13% to £2.7m (2014: £2.4m) § Adjusted PBT* up 14% to £2.5m (2014: £2.2m) § Profit for the period increased by 33% to £1.6m (2014: £1.2m) § Net Fee Income ("NFI") up 6% to £12.1m (2014: £11.4m) § Improved EBITA / NFI ratio of 22.2% up 110-bps from 21.1% in 2014 § Revenue up 11% to £81.2m (2014: £73.0m) § Diluted adjusted earnings per share up 20% to 5.5 pence (2014: 4.6 pence) § Basic earnings per share up 47% to 4.7 pence (2014: 3.2 pence) § Basic adjusted earnings per share up 16% to 5.7 pence (2014: 4.9 pence) § Net cash generated from operating activities £2.8m (2014: £3.4m) § Net debt, consisting of our working capital facility, which we use to finance fluctuations in contractor levels, and cash was reduced during the period to £6.9m (2014: £7.1m) § Interim dividend doubled to 1.0 pence per share to be paid on 16 November 2015 *Adjusted for share based payment charge, amortisation and non-recurring items Operational highlights § Continued organic growth and improved profitability across the Group demonstrating the success of the strategy implemented at the beginning of 2013 § The Group continues to strengthen its market position in important niche segments servicing the growing demand for high-value skills in the new digital economy § Winning three new managed service customers and significantly expanding the relationship with two others including the recently announced Dixons Carphone agreement, which provides evidence of the Group's ability to capitalise on incremental value add services Chief Executive Officer, Mark Braund, commented: "We are delighted with the strong results delivered during the first half of 2015, building on the foundations put in place at InterQuest over the last three years. Our focus on specialist disciplines in key niche recruitment sectors providing some of the market's most in-demand skill sets, augmented by a growing managed service capability is delivering significant benefits to the Group and its clients. InterQuest operates at the leading edge of the analytics and digital technology revolution in areas that are enjoying significant structural growth which leads to increased demand for our specialist services. As a result, InterQuest is well positioned to deliver further growth during the remainder of 2015 and into 2016. Our results and market position a
Results out - looking pretty good so far!
Very quiet here in the run up to results.
InterQuest will report its half year results for the six months to June 30th on September 8th 2015.
CEO and FD unloading here? Seems like it has had good results but the BOD are heading for the exits, One to avoid for now.
Top results!
Certainly looking interesting in lead up to results.
Bought in this morning, echo comment on previous post as had a little trouble buying.
Tipped in Investors Chronicle. Buy recommendation...here is the summary: InterQuest's share price, up over 60 per cent in the past 12 months, has undoubtedly responded to recent positive trading. But there should be plenty of room left for the shares to run from here should the company deliver another strong year of earnings growth. The current rating of 13 times adjusted forward earnings for the next 12 months is good value against a small-cap peer group average of 16 times, and much higher for large-cap recruitment shares. That said, shares in InterQuest can be hard to deal in, which is partly down to a reduced free float as Gary Ashworth, InterQuest's founder and executive chairman, controls 38 per cent of the company. Consequently, it may take some patience to build a decent-sized stake, but it should prove worth it. Buy.
woah...under the radar here or what?! nice rise over the year