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Not can i. Will let it fade a bit more and then buy more. SP dropping following good news = great buyong opportunity.
Could well be. Has 6% of share capital believe. Cannot think of any other explanation here for continued drop.
Retired director continuing to sell?
Nothing positive?! 30% increase in divi next three years, net cash position which has increased, revenue/profits soaring, hedged against a deal/no deal Brexit...
I think it’s because there is nothing positive to say, scratch the surface and there is no substance. I can’t see this changing. Time to read between the lines.
surprised by the lack of positive sentiment here.
I have followed this company and share profile for some time and cannot see them ever being a strong performer, there sp is never sustained for longer than a day or so. Looking at the sales others agree.
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=OPM&ArticleCode=k1u0dvx2&ArticleHeadline=Hardman__Co_Research_1pm_OPM_Group_synergies_coming_through
Should continue upwards in my view
I am so frustrated with this share. The results are extremely promising every time. The sp goes up and then will plummet again to where it started. Why why why has been my repeated question. I just don't get it.
OMG I am glad I sold some of this stock last week on a high, be back in the 40’s again at this rate. Not sure how this SP will ever see a decent return - last weeks results should have rocketed then stabilised the SP. I’m therefore not sure what else will. This not a strong buy in my opinion.
Surprised at level of sells today and subsequent drop. I understand taking profit at times but this stock is surely on the cusp of a re rating/sp move north...
Looks like my prediction of a drop down to where we started is coming true. I must be psychic.
https://www.investorschronicle.co.uk/comment/2018/09/13/1pm-s-record-results/ still bullish. GLA
I think this will continue its journey upwards, just a slight pull back ready for the second leg upwards.
Great RNS Undervalued #IMO
I'm with you shizsu. Excellent results yesterday, large volume of sells today v buys which is a surprise...understand taking a profit but this sp surely is still way undervalued against future growth prospects!
Why oh why. Yet again... great results. Nice jump upwards. Then as per usual fall today which will probably drip down back to where we started. Hopefully I'm wrong.
Happy with the results today, hopefully we can push back towards the 70s. The future potential is there which is shown by the commitment to increasing the dividend. More than happy to take nice steady rises to the top with this one.
DHlindy
there is no legal requirement to have on their website - i assume someone will get round to it. As long as they tell the stock exchange. Which they did https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/company-news.html?fourWayKey=GB00BCDBXK43GBGBXASX1
Thanks but odd that they were not up on the company site this morning
Try this; https://www.investegate.co.uk/1pm-plc--opm-/rns/2018-final-results/201809120700054846A/ BOL
Why is there no RNS for the results?
Also they are not published anywhere in the investors section of the OPM website
What am I missing here?
Glad I have this in the PF.
Great results from this consistent performer.
Good to see some other names on the board.
TIDM: OPM
RNS Number : 2280Y
1PM PLC
20 August 2018
20 August 2018
1pm plc
(the "Group" or the "Company")
Notice of publication of 2018 Final Results
&
Annual General Meeting
1pm plc, the AIM listed alternative finance provider, is pleased to confirm that it will publish its final results for the year ended 31 May 2018, on Wednesday, 12 September 2018.
The Company also announces that it will be holding its Annual General Meeting in London on Thursday 25 October 2018. Full details of the AGM will be published with the Group's Annual Report & Accounts.
I am long term share holder and have been following this company for nearly 10 years!
We all feel that this is undervalued. Just for a bit of fun let's see what everyone thinks about the valuation by the end of the year!
Let's start with what we know - 'Basic EPS expected to increase by more than 20%' as per the last TU. That brings the EPS to 7.3 at least. There might be some further dilution as shares are issued to directors as part of various incentive plans but hopefully this will not affect the EPS by a significant factor. Hence using EPS as 7.3, look at the figures below.
Share Price P/E Upside from the current share price
60 8.2 15%
65 8.9 25%
70 9.6 35%
75 10.3 44%
80 11 54%
85 11.6 63%
90 12.3 73%
Amazing that a nearly 70% upside in the share price still brings the P/E multiple up to 12, a very conservative P/E for a fast growing company, in my opinion. Not aware of any other share out there with similar multiples, if someone knows then please let me know!
For this game, as this runs on low multiples usually, I will go for a P/E around 10 by the year end i.e. share price around 75!
Guys, pick your numbers and start dreaming!!
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