Member Info for DaddyAIM

as mentioned months ago we will be at 420. here we are though with a much weaker eco backdrop/marketing spend... path of least resistance remains down

no doubt someone is selling - probably a big institutional, end of year flows, need to cover outflows maybe.
nonetheless the fundamentals are very appealing - i am loading up on this pull back!

worth keeping a tail position - taking his chat for granted - things are in the pipe... LONG

why are sellers selling?
Would be nice to share any issues or discomfort here so we are all aware/can debate!

strong buy on the back of peak inflation!

Spoke with some brokers, Ben is quitting because he has been doing this job from Dubai/Australia so the hour shift was tough and he wants to spend time with his family. On a side note, if the company was performing poorly and CEO would leave, you might think it's a sinking ship. That’s not the case with CNIC as operational momentum remains strong.

Michael is an ex PE guy and is the 'brain' behind the M&A for the Online Marketing segment. He also joined in 2009, at the same time as Ben thus knows the Online Presence segment/industry very well.

Buy Back: always positive but the new CEO wants to send a message to investors "shares are cheap". Brokers told me they target 1 to 1.5% shares outstanding so would result in a c. £4m outflow from Investing cash flows.

STRONG BUY

far from being a bad RNS. Some margin reduction but this was expected in such inflationary environment. However, revenues and top line continued to grow. a rare quality stock. strong buy

100% agree - the world has no way to escape from the Uranium trade.

it's embarrassing to see people selling this share as soon as volatility rises... anyway I'll be here to provide liquidity on the downside!! BUY BUY BUY

nice drivel f15jcm.
echoing ggrantsu here, you accounting knowledge is way too inferior for you to be allowed to post on this board.

1) Ignore adjusted numbers in most businesses
2) build your own cash flows. Nothing dodgy in their statement, OCF use reported PBT as a starting point and adds back true non operating expenses (D&A, share based) but does not add back "non core operating expenses and FX gain" which is the right way
3) there has been only two marginal restatements, none being red flags. Looking at the number the word "restated" appears is just meaningless.
"(i) Revenue has reduced by USD 1.4 million due to the recognition of liabilities for prior period credit notes
(ii) Amortisation of intangible assets has increased by USD 1.0 million due to a restatement of intangible assets"

STRONG BUY

yeah let's put it this way... mcap £560m ; FY23e reported net income is expected to be negative... something is wrong here

at the bottom of the income statement "Exchange difference on translation of foreign operation"

agreed but the RNS does not read like the 'buy and build' strategy is about to stop!!

"· Pipeline of earnings enhancing acquisitions well developed, and in a strong financial position to capitalise on opportunities"
"we remain well positioned to benefit from the opportunities within our pipeline of earnings-enhancing acquisitions"
"we benefit from significant bandwidth to continue successfully accelerating our growth via bolt-on acquisitions"

1) Had a discussion with brokers, a huge institutional manager faced redemptions and was liquidating CNIC over the last few days
2) Had discussion with CFO, the £30.5m FX loss could well reverse as the EUR/USD strengthen and is a non-cash impact ie. FCF generation (thus intrinsic value) will not be impacted.

STRONG BUY

yesterday RNS was bad on an accounting perspective. the rise in restructuring cost is killing cash flows. adjusted metrics are meaningless. strong sell

what are you all about?
adjusted numbers are meaningless.
All reported numbers were growing and the only margin reduction was gross profit margin.
net income margin expensed 310 bps.
brokers are useless.

I hear you guys - I am in the same band waggon 10% of my portfolio is in CNIC. had the opportunity to meet Ben many times, he as frustrated as us... always heard you need to be patient, trust me, our days under the sun will happen. I am continuing to accumulate.

growth and margin expansion across the board, trading at 8x fwd pe, 6x fwd ev/ebitda .... turbo buy!!!

sold out this morning to secure profit...
the RNS does not read badly but the stock is really expensive and the word "investment" was printed too much. Infact, CapEx was up 12%yoy.
I will defo revisit, hopefully lower, gla

bunch of crooks - avoid.
my 2c: they load up on shares options which will automatically vest if they get acquired. They drive the price down to attract buyers. All of them so full of shares now that it will probably go at a 50% premium and make the lot multi millionaires.

avoid this circus