Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
And the ALGOS still take this down!
Company already stated £138.0 pre-tax for 25th May 2022 results day.
eps 22p x 15 p/e ratio = 330p.
At £125m EBITDA - the eps is around 7.0p with a growth company a p/e ratio of 20 = 140p
Even p/e ratio of 15 x 7p = 105p
eps 34.19p and historic p/e ratio around 10 = £3.419.
It will be an interesting day!
Still laughing at the share price...Forecasts have 2021 eps at 143.6p!!!
Results out on 24th February 2022.
GL All.
Laughing at the sHare price and brokers with HIK results out next week. Looking to see how FV above £24 is reflected :)
Interesting Times..
Average Broker price target for 2022 is £5.62.
However, with Sales increasing 18.3% and say Net Margin contracting 4ps - a reasonable target is 492p.
Pets At Home now anticipates that financial 2022 underlying pretax profit, excluding any potential impact from accounting changes, will be at least GBP140 million. In financial 2021, underlying pretax profit was GBP87.5 million.
Pets at Home have confirmed Pre-Tax Profit will be £140m.
The share price are valued in the range 448p to 492p. (P/e 20 and P/e 22 as per LY)
Thank you. I got some more cheap shares this morning.
Q3 results out next Wednesday.
This Year Financial Year Sales UP 18.6% /Pre-Tax Profit UP 20%, Earnings per share UP 13.6%
Cash Flow Yield Up / Cash in the Bank UP /ROCE UP.
Pets at Home have confirmed Pre-Tax Profit £135m...
Not selling my shares ... Waiting for Value to be shown in the Share Price!
Now only 4 full trading days before4 Q3 results.....
Mmm...share price now £4.20 when on Monday morning it was £4.00 at the open....
Did someone in the City look at the fundamental accounts ..like I did?
Brent Oil price now $87.03 a barrel.....
News today is that Russia within OPEC+ can only increase production by half what was agreed at the last meeting. Therefore, short of supply...and Oil price goes up.
Now just waiting for the endemic situation and Oil demand dramatically outstripping supply..
Q3 FY22 Trading Update on Wednesday 26th January 2022.
Mmm... now only 5 full trading days before announcement..
Oil price now $87.57 a barrel.....
News today is that Russia within OPEC+ can only increase production by half what was agreed at the last meeting. Therefore, short of supply...and Oil price goes up.
Now just waiting for the endemic situation and Oil demand dramatically outstripping supply..
The train has left the station this morning...
The guys in the City know this is undervalued... just like me..
Nice ride up!
After Today looking for to the Main Market Listing and here's to those operational improvements of £27m + on Returns and Refund reduction in the coming months :)
My estimate was £140m + all the positive management actions that should be implemented during 2022 such as to use customer focused groups and to understand the root cause of returns and reduce them by half.
New IT solutions have been developed where the customer puts in their size and the software will recommend the right size right first time...could be +£27m if you do it right and shout about it in your Outlook section of the RNS.
The CFO/CEO is being more prudent and went for a quick win and is now moving to the Main Market to get FV into the share price. Operational Improvements to be announced in the future.
Let's see if the Trading Statement is close to my forecast:
Sales for the four months to 31st December is £1,568.7m. Both UK & US increase sales greater than 15%.
Outlook at the bottom of the RNS.
FY22 PBT likely to be at the top end of market expectations, as I kitchen sinked the PBT in the last update.
H122 net quasi-lockdown PBT benefit of at least £10m
Outlook for remainder of FY22, is Refund customer focus initiative with IT solution at least £27m
Supply Chain improvement at least £20m
US automation savings £2m
FY22 PBT as at 31st August 2022 is in the region of £140m + £27m + £20m + £2m = £189m.
Thinking of buying some Shell shares .
Does anyone have an idea what the share price will be on Annual Results day at the beginning of Feb?
Is a P/e ratio of 13.35 for Shell sensible?
New Technology just released means that "When an ASOS customers orders clothes the customer gets the right size first time in the post". This will mean that Returns will reduce 50% in the next year. The impact is approx a 1% of Margin = Increase £40M profit improvement. Also half of the £40m supply chain headwind (announced last year) is due to reverse this year = £20M and the completed US automation another £2m. Therefore £140M + £40+ £20 + £2M = £202M. THE HIGHEST PROFIT EVER FOR ASOS IS COMING!