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If you're referring to the share trades shown on this bulletin board, then you should know that the 'sells' and 'buys' simply refers to whether the transaction occurred nearer the bid or the offer. In fact, every trade by definition has to have a buyer and a seller, (even if one is a market maker) with the price is the clearing mechanism which equates demand and supply for shares. Given that the stock was actually up yesterday, it's fair to assume that there were more buyers than sellers at the start of the day, and it required a higher price to equate the two.
Not sure that I share your enthusiasm with the very large sale trades indicated yesterday of 1 million. Some clearly don't see much share price growth in the short-term at least.
Wow, that's pretty compelling viewing. I was thinking of lightening up over £2 but I think I'll hold off. Haven't heard from jollspeculator for a while - What do think of Blancco's cash flow propects JS?
Terrific new video about Blancco: https://vimeo.com/137145832 In summary, Blancco is a "multi-billion dollar addressable market", with 94% gross margins, >25% growth every year. It's easily the market leader in and is aiming to be the "de facto standard for data erasure on the planet". Phew :o)) Looks like yesterday's Capital Markets Day teach-in went well - buying coming in at 205p now.
Thanks Rivaldo, though difficult to work out whether this is very significant, or not?
RGS India have tied up in India with Chinese smartphone maker OnePlus to provide protection and insurance for smartphones etc: Http://www.crazyengineers.com/threads/oneplus-2-gets-extended-warranty-and-insurance-through-b2x-service-b2x-protect-in-india.84622/
Wow, so the stock's up over 7% today, on no real news that I can see apart from some insider buying. If anyone's heard any other reasons for the move, I'd be interested to hear.
Nice to see. Hold fast people!
On an upward trajectory once again after the recent pause. 200p the next target.
rocketed through the 100 MDA
Recently bought by NT... "I bought Regenersis (RGS) . A return to a share I made some money on before and a bit of a loss too. This one has strongly come back onto my buy radar with major upside potential. This one looks extremely good value, with some good profits and net cash the current valuation looks too low and I'm looking for a re-rating back up to at least the 220p level so I think there is massive upside...." http://nakedtrader.co.uk
A good read, as is the broker note below (thanks Rivaldo). I'm feeling increasingly positive on this stock given the performance of the data erasure business and the impending restructuring/sale of the depot business. Very gIad added in the 160s. I think these developments should dispel any short term FCF issues which jollyspeculator tends to bleat on about....
Good morning everyone, Expert blogger and retired director at Barclays Stockbrokers has released a new blog post with his views on Regenersis. You can read it here: http://www.lse.co.uk/blogs/expert/david-harbage-blog/8a34jk/
Up 10p yesterday and rose strongly into the close - hopefully bodes well for today.
Encouraging to see a non-exec buying £25,000 of shares at 165p: Http://www.investegate.co.uk/regenersis-plc--rgs-/rns/director-pdmr-shareholding/201509240700170290A/
Panmure (joint brokers) have reiterated their Buy and 270p target: Http://www.dakotafinancialnews.com/regenersis-plc-stock-rating-reaffirmed-by-panmure-gordon-rgs/449190/
New Equity Development note is out, concluding as follows: http://www.equitydevelopment.co.uk/doc/1396.pdf "Today's results showed group FY15 turnover (y/e June) at £202.6m (+2.6%, or +16.5% in constant currency), headline operating profit of £15.4m (+40%, or +52.7% CCs) and closing net cash at £7.8m. All of these outcomes were in line with our estimates, and this was despite suffering significant forex headwinds (stronger £ vs €, Polish Zloty and other EM currencies). Encouragingly too, Headline Operating Profit margins rose from 5.6% to 7.6%, as a greater proportion of profits were generated from Software and Advanced Solutions. Cash conversion improved to 75% from 41% LY in spite of opening of several new locations - while the dividend was hiked 25% to 5p/share, equivalent to a 3.6% yield and >3x covered by adjusted EPS of 16.19p. Looking ahead, both YTD trading and the outlook for the remainder of FY16 are said to be "in line with expectations" - with Blancco expanding rapidly and delivering "excellent margins in a buoyant market". FY17 should witness a significant jump in profits, as the drag from the legacy Nokia Europe contract diminishes. Most importantly, the Board also announced that it was "exploring various strategic alternatives, including the potential sale" (or perhaps even spin off) of its Depot Solutions, set-top-box diagnostics and DigitalCare (handset screen insurance) operations - under the umbrella of a new Repair services organisation, headed by CEO Ian Powell. This will help focus attention on Blancco, Regenersis' unique 'data erasure' division. It is the undisputed world leader in this field (>7x bigger than closest rival) which reported: FY15 turnover of £15.0m up 30% (or +40.9% LFL in constant currency), adjusted EBITA of £5.4m and margins of 36%. On its own, we think the software division is worth 166p per diluted share, or more than the market capitalisation of the entire group; based on a 6x FY16 sales multiple for the enlarged software arm (ie including today's $12m acquisition of US rival Tabernus), along with adding another $4.9m for RGS' 49% stake in mobile diagnostics firm Xcaliber. This is conservatively pitched towards the bottom end of cyber security peers, which trade on an average of 8.4x revenues. Adopting a similar cautious view with regards to our sum-of-the-parts (SOTP), and valuing the Repairs unit at £71.4m, we still reach a revised target price for the whole group of 232p per diluted share, which is 66% above yesterday's level."
Good to see Matthew Peacock/Hanover buying another £294,000 of RGS shares - they now have 6.9%: http://www.investegate.co.uk/regenersis-plc--rgs-/rns/director-pdmr-shareholding/201509230700238807Z/
Adjusted EPS of 16.19p, plus an earnings-enhancing acquisition, and post year end trading is in line with expectations. And most intriguingly, a strategic review, likely to sell the low margin aftermarket businesses and leave shareholders with the excellent data erasure and other high-tech divisions (Blancco etc), which have been strengthened with today's acquisition. All of that lot should get the share price going nicely.
Glad I sold out of these. Thin margins and weaker Fx rates v the pound on razor leaves even less profit. Could be time to revisit and pick up some once stabilised.
a one on one inquisition woud be useful..but that's not on offer ...they shd be able to persuade me with clear good clean fcf ..until then, it's an avoid imv .. ta though
Hi, If you want to listen to Matthew Peacock, Executive Chairman, and Jog Dhody, Chief Financial Officer, discuss Regenersis’ results and ask them questions please register for the Webinar which is being held on Wednesday 23rd September at 11.45am. The presentation will last approximately 20 mins and there will be an opportunity for Q&A at the end. To register please go to: https://attendee.gotowebinar.com/register/2499427793389776385 Thanks, The Equity Development Team
though???...doubt it will be fcf ...wafer thin cash margins hardly inspire
This weekend's FT featured RGS as a Buy highlighted in the IC: Http://www.ft.com/cms/s/0/d20accda-2bcd-11e5-8613-e7aedbb7bdb7.html#axzz3gPfSrHdV "Buy: Regenersis (RGS) The loss of work from a large client is disappointing, but the group is still on course to meet growth expectations, writes Emma Powell Shares in Regenersis fell almost a fifth this week on news that a larger client plans to consolidate its European business with a rival. This will hit the group’s depot solutions business, which provides electronic repair services for consumer devices such as smart phones, tablets and digital televisions. High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/d20accda-2bcd-11e5-8613-e7aedbb7bdb7.html#ixzz3gPfkxYsN The company’s second division — software and advanced solutions — has become a driver of growth following software acquisitions during the 2014 financial year, as well as client wins. After raising £100m last April, Regenersis acquired Finland-based Blancco, which provides data erasure software to governments, blue-chip companies and suppliers to telecoms. The group also bought cloud data erasure business SafeIT Security Sweden and boosted its stake in Xcaliber Technologies, which provides smartphone diagnostics. As the data erasure sector is immature, management believes it is ripe for consolidation and intends to build on its software businesses. During the first half of this financial year divisional revenue grew 42 per cent and more than doubled on a constant-currency basis. Meanwhile, headline profit increased 89 per cent on a constant-currency basis to £4.5m. The Blancco acquisition grew headline operating profit by 45 per cent at constant currencies. Despite the sale of the company’s lower-margin UK mobile servicing arm during the latter part of 2014, its depot solutions arm also achieved growth in revenue and headline operating profit."
the key here is the impossibly complex accounts...the Headline Op profits are for the birds...just look at the cashflow..that is v v poor...not helped by currency headwinds or loss of contracts..but they are 2nd order imv) ...that is the point...nothing else...dyor ..gl