RPS Group Share Price (RPS)

https://twitter.com/surprised_trade/status/1504007571472109569

BUY -Target Price 140.0p

FY 21 FD EPS of 5.6p was in line with our expectations and the FY dividend was reinstated. We maintain our FY 22 and FY 23 earnings estimates and introduce FY 24 estimates. The company’s CMD in November highlighted its ESG credentials and showed that it is well positioned for growth. Management targets suggest that 12.6p of FD EPS is achievable, particularly given inflation. At Energy, the need for energy security is likely to increase demand.....

Bargain price at the moment in my opinion, the only way is up from here. When things settle down this will easily move back to £1.20 and then further beyond over time. A fairly low risk, with a minimum of a 25% return on your investment, what's not to like?

Good luck

I agree with snakeeyes, I feel it's a great company that has realistic plans for organic growth, the leadership team is very solid and I'm surprised no one's made a bid for them.
They have a current market cap of £288m against annual revenues of typically over £600m

:)

All still good in my opinion, share price has been slightly held back by the Russia/ Ukraine situation, I do not see this coming to anything to be honest, my take on it is that it's just a bit of posturing and sabre rattling and will all be sorted out behind the scenes. The Americans wouldn't be happy if Mexico was talking about entering into a military alliance with Russia, so (don't shoot me but) I can kind of see the Russia perspective. I think it will be resolved (eventually) via talks and a deal agreeable to all struck. When that happens, I expect RPS to regain momentum and progress back up to £1.20-£1.30 range before moving up to £1.50 later in the summer hopefully. My target remains £2 and I'll be sticking around till then, even if global conflict erupts, I will just sit and wait.

Good solid company, strong financials, outlook mid/ long term very good also, what's not to like?

Good luck all

Snakeeyes : next post please??