Member Info for Nonegspleeze

Anyone any idea why the mark down? Spread out to more than 10% with virtually zero trades. The current year P/E is less than 4. Makes no sense to me.

Rerate is coming.
Fundamentals here are mental.
The known risks are Putin doing something mental and/or he being replaced by even more mental hardliners.
However, any and every possible scenario points to Ukraine remaining intact as a country and therefore Enwell sp X 3-5 within the next year or so is a conservative prediction.

Exchange rates now make us even more ridiculously cheap for an American takeover.
Short term Kape looks to be following Centralnic's recent trials in being unable to get above their recent placing price.
In other news, JPM's short not looking so stupid now.

Buy tip from Hot Stock Rockets below.

Technology managed services business AdEPT Technology Group (LSE:ADT) has issued an AGM trading statement, including noting a return to interim dividend payments with a 2.5p per share payout announced.

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This follows it having “secured several important new contract wins and renewals since the start of the new financial year” and noting “two specific initiatives that are expected to have a positive impact on the group in the coming months, adding to the board’s confidence in a strengthening performance in H2”. Those are a strategic alliance with Canon (UK) and an announced £150 million government fund for faster and more reliable connectivity for schools.

It notes it is currently being hindered by global chip shortages but still “anticipate the group’s EBITDA:Senior net debt ratio to be less than 2x within 12 months” and adds that underlying demand for digitisation and cloud based services remain strong.

With broker forecast full year earnings per share of 28.5p, the current 120p share price looks much too harsh an appraisal. We look for a significant recovery on delivery even close to forecasts and note half-year results are expected in mid-November. With that and considering the shares could easily double from here on earnings and de-leveraging delivery, Buy.

Can only assume there is still a large seller in the background. Reported buys outweighing sells 16 to 1 and we're still pfaffing about under 120p.
Seems unreasonable.

Also don't get the timing.
If the results were good, as they were, why not see where the SP settles and raise at the new higher rate, less dilution.
SP has struggled here as part of the general market trend & it's galling to see the benefit of 6 months results being knocked back where it came from the following day.

Article in today's Telegraph suggesting Kape is one of four UK companies rope for takeover.

http://m4.emails.telegraph.co.uk/nl/jsp/m.jsp?c=%40mcw6wJJill8yMKSLLfrHn6y1oQ31%2FJZw%2F9UTiKoLWLe9DlV4qhOoZYmhxzXA3RVI1AcXiO8u%2Fg60zYOgPaCovA%3D%3D&WT.mc_id=e_DM33694&WT.tsrc=email&etype=Edi_Inv_New&utmsource=email&utm_medium=Edi_Inv_New20220908&utm_campaign=DM33694

Feck this board is a difficult read sometimes. In other news, it's good to see some decent buys and a nudge up in the share price.

It seems many of us here read similar publications and are invested accordingly. My top four holdings are AdEPT, Anexo, Cnic and Kape, all Aim listed growth stories on or very close to single P/E's and year to date share price lows.
Not sure which will arrive first, the next tech bull market or takeover bids. Underwater on all four but as always plenty of patience required, we'll get there in the end.

Outstanding results yesterday followed yet again by intense selling today. 100,000+ sales in the first 10 minutes of trading but all small deals (bot driven?). Where has this overhang come from? Why would so many be selling today at 120p when you could have got that or more at any point in the last couple of months? I know it's not a great market ATM but jeez, the vast majority of these people have to be selling at a loss. Doesn't make sense & very frustrating.

I know they're easy to blame but MM's taking the mickey. £40m off of our market cap today on a negative £100,000 of sales. Ridiculous. They're just generating more work for themselves. Parasites.

Yuri
You on the right bb?
If you consider these to be poor results I'd love to know which companies you consider worthy of further research.
Revenue, margins and EPs all up year on year and continuing to head in the same direction in the current year and no doubt beyond, in the cloud storage and SaaS sector with huge growth. Revenue split between private & public sector, all gov depts or massive companies with incredibly high recurring revenues. All at a current p/e of 5.4. Love know what you're smoking.

https://www.malcysblog.com/2022/07/oil-price-san-leon-and-finally-2/

Malcy's opinion that this deal will multiply 4 fold the value in SLE.
Don't imagine for one minute that will happen Monday but an interesting, valued and experienced view none the less.

The following link is a piece by Mark Watson-Mitchell from Master Investor, it was originally published on May 23rd this year.
Full year results are due this Thursday, house broker Singer Capital Markets are expecting profits of £7.7m and earnings per share of 26.8p.
This indicates a p/e of just over 5.
This year's expected 28.5p brings the p/e down further to 4.8.
Singer's price target is 350p, Mark Watson-Mitchell's is 325p.
Whichever angle you come from AdEPT is ridiculously undervalued at it's current 137.5p and must surely start to re-rate after this Thursday's results.

https://masterinvestor.co.uk/latest/adept-technology-really-going-for-strategic-growth/

Prof, they're non execs, and they've just accepted their ENTIRE ANNUAL SALARY in shares at 26p+.
But you'd still like them to have more "skin in the game"?
Jeez.

Lord
You may be right, either way it's spooked the market.
The fall in SP in no way reflective of actual sells though.
Should probably have taken some profit around the 360/370p area but will hold on & ride the rough patch.

Can't see that the NiLS would have any impact on HAT's overall performance.
Do hate it though when a share is best part of 20% down over a fortnight for no obvious reason.
No real volume & macro economics still very positive.
Don't get it.

Toptuf
Agree
Too many waiting for their sell/bail out price. Going to be a fight for every penny of SP improvement.
Already back below where we were a week ago after a decent monthly update and confirmed guidance. Frustrating but that's the price of too many disappointments.
Long haul.

Dean, just my view but apart from yesterday when there were a couple of 150k sells, reported buys have massively outweighed reported sells.
Can only assume therefore that there is a seller whose sells are not reported or we're being played by the MM's for some reason.
True value will I'm sure eventually arrive but I have no idea when.
Frustrating though.

Don't care what anyone says, this stinks. SP down 11%, or £35m off the market cap, in two days after incredibly good results and update. Nett reported sales over buys negligible, over 1,000,000 shares reported after hours 'unknown' when a cursory look at the daily graph shows them to be virtually all buys.
Total nonsense, no idea why but market makers are walking this down back towards the recent placing price to suit themselves or their mates.
Great for some if it creates yet another buying opportunity but I'm fully invested and looking for capital growth.