PYX Resources: Achieving volume and diversification milestones. Watch the video here.
As the largest company fully licensed by the Chinese government to import publications, CNPIEC has more than 10,000 institutional users spanning academic and public libraries across the country. The ground-breaking new site will use Publishing Technology’s pub2web platform with interfaces in English and Mandarin and aims to offer all Chinese libraries digital access to both local and international content, part of a wider government-led scheme to improve online access and discoverability of content in libraries.
Invsstors would do well to research this company.
PTO Might like to do your research, I think this is the first of many upgrades in the next 18 months. :: RESEARCH ALERT-Publishing Technology: Westhouse Securities Finance & Stock Market News RESEARCH ALERT-Publishing Technology: Westhouse Securities raises target price Wed, 5th Dec 2012 09:04 Dec 5 (Reuters) - Publishing Technology PLC: * Westhouse Securities raises target price o 150p from 120p; rating buy
Publishing Technology PLC Holding(s) in Company I was first drawn to Publishing Technology PLC after I noticed a director "buy" RNS in April 2012. Within half an hour, one could tell that if the company stopped dead its R&D it would be clearing around £2.5M profit a year, when its stockmarket valuation stood in at just £3.7M. That equates to a pe ratio of 1.5 Within the hour I had learnt that it had signed a joint venture with a Chinese state controlled publisher that has a whopping 60% market share. . Within the next hour i read about the huge tax loss the company can use to offset tax for several years. From the annual report it appeared that all four potential income streams within the group, were on course to chip in profits with a 5th, China, a potential game changer. I also noticed that the huge R&D spend was about to be reduced big time as the new Advance modules were signed off for sales. By this time i was buzzing as I knew that IF I could buy stock in the company I might do very well as the company goes on to grow profits and the city slickers began to see the growth potential. I then set out to buy every share I could get my hands on , praying that i could buy the stock while the institutions were in their normal sleep/sheep mode. So what is Publishing Technology plc worth.? This is where my opinion may not be the same as other readers here and/or the city. First look at what has gone into the company just in the last 12 years, energy, cash and effort. Next, note the people, product, and prospects. They, [prospects] are in their own words are "mouthwatering" This from the finals: " 2012 is shaping up to be transformative for the group." I would not have bought into this company had I not thought a market capitalization of £100M plus was not in sight. This is how i see things panning out; Return to profit this year.[2012] Markets will need to see proof of that, prior to any share price action Profits grow,and debt is repaid. Market takes note and re rating starts. . Company starts to pay dividends, city takes that as a very good sign , re rating picks up a notch. Profits from China kick in, EPS jumps in lumps. Company then hits a decent forward p/e of 16-22.
Publishing Technology PLC [PTO] are valued at £9M down from £160M. Get this R&D has cost £2.5M a year for the last 5 years, now that software is selling and the R&D is slashed. That alone makes this compny dirt cheap as that research was written off each year.
Yes, looking for contract news by 20th DEC
Market Makers paying mid for stock.??
Search Google: Publishing Technology launches in China youtube.
Northacre have now made £50M from The Lancasters with another £30M to come from the sale of the last 11 units,[out of 77] That RNS will see this stock Zoom next week!!
This is the J/V that Northacre and Minerva used to build The Lancasters. The accounts just out can be found on the web, or companies house. They show the project making a whopping £100M profit on £250M sales. Since those accounts the site has finished and another £120M of sales have been made at higher margins as prices shot up. Northacre are due its share of the profits far, far more than its market cap today.!!
NTA: Two huge lumps of news today late PM. The first is this from tomorrows WALL ST JOURNAL[on web page now] 'With the renovations completed in fall 2011, Northacre —the high-end property developer of which Mr. Nilsson is chairman and co-founder—has now sold 63 of the development's 77 apartments, raking in sales of £370 million. On top of building costs of roughly £115 million and the £67.2 million original price tag for the property, Northacre and its financial backers seem to have comfortably made a profit. The second was the director buy. For investors who want facts: Northacre Market cap is £26M plus £10 DEBT = £37M The profits from The Lancasters look like being around £100M for Northacre of which around £60M is cash and £40M is in the last few flats they are selling at The Lancasters.
It is a frenzy out there," says Tracy Kellett, a buying agent who searches London and the south-east for properties for her well-off clients. "I said prime London would go up 5% this year, but I think it is already up that much."
Today told shareholders of just that, ie handing back cash to shareholders.
Lancaster Gate the ‘best-performing street’ in the capital.Properties have rocketed to more than £3,000 per sq fthttp://www.thisismoney.co.uk/money/mortgageshome/article-2106390/Boom-rich-park-view-London-property-prices-soar.html#ixzz1nW4OTjjR
I think you will find all the housebuilders fell last year and now are being re rated fast .!! See PSN today.!!
Yes loads of assets, and nice to know they may have a game plan.
This from the Times newspaper: 2007 Minerva�s development of the old Thistle Hotel on Lancaster Gate � dubbed the Lancasters � could land the company and its partner Northacre hundreds of millions of pounds in profits Roll on 5 years since that was printed and we now know that prices for super prime have shot up, build cost were flat. borrowings were fixed at a low rate [since paid off] and site is finished with over 85% sold] Profit share is in the open with NTA getting 40% odd. NTA market cap is just £21M.!! DAFT.
Thinks stock is to cheap.!! So do i
IN profit, £800,000 cash, Tiny M/c. Director thinks shares are to cheap. SO DO I
Look at the half year EPS , then remove the costs of over £2M for the 2nd half. EPS comes in at around 17p or a pe of under two. The 11p was due to fears of a de listing now 100% gone. This stock is worth around a quid 40p in my view and any new broker worth his salt should be able to forecast a number along those lines in my view.