gretel
02 Sep 2016
H1 results above expectations.... Wonderful HI results today, together with an outlook which suggests beating expectations:[link] CHT made around 8.3p EPS in H1 alone, putting them on track to beat forecasts. Plus they have $10m net cash and rising following the paydown of debt post H1. With only 4 months till the year end this type of outlook comment has to mean that CHT are in line to beat the forecasts of 15.22p EPS: "At this point in time we feel very confident having delivered above expectations for the first half of 2016, that we will meet the markets guidance on revenue as well as profits for the full year 2016." Finncap's target price is 310p - this should help things along nicely.
gretel
05 Aug 2016
Ticking up again Good to see the spread closing a little after a single buy at 150p this morning.
winningstreak
21 Jul 2016
Re: Excellent trading update today Gretel, thanks. ws
gretel
21 Jul 2016
Finncap very positive Finncap's brief update this morning (thanks mate) confirms that today's revenue figure of $126.5m is ahead of their expectations, which were $125.3m and have evidently been increased since their January note.Forecasts will be reassessed after the H1 results, but there is upside potential from organic wins and acquisitions.The group has $10m net cash and is cash-generative.They "believe that the current low ratings of 8.4x PER and 3.6x EV/EBITDA in FY2016E significantly undervalue the growth potential in the defensive $37bn US medical billings market and the value-creation potential from Constellations model and strategy."
gretel
21 Jul 2016
Re: Excellent trading update today Absolutely sure.The Finncap note I have in front of me dated 4th January forecast 21.7c EPS for this year, and 24.5c EPS for 2017.At the current $1.32 that's around 16.5p EPS this year and 18.5p EPS next year.If you want more proof, look at the figures on Hemscott:[link]
winningstreak
21 Jul 2016
Re: Excellent trading update today Gretel, are you sure the EPS forecast in in £-pence, not $-cents?ws
gretel
21 Jul 2016
Excellent trading update today Excellent trading statement this morning, with everything in line with Board expectations. The outturn for both H1 and the full year looks good.In particular, the RNS notes expected 2016 turnover of more than $126.5m, whereas Finncap's note of 4th January only forecast $121.3m:[link] could be a very good year indeed.A number of acquisitions are being evaluated too, plus organic growth is coming along nicely.With forecast EPS of 15.22p probably having to be increased 10%-15% on currency translation alone, CHT is imo at least 40%-50% undervalued and possibly a lot more than that given Finncap's 310p target.
winningstreak
03 Jun 2016
Re: Excellent value here / not sure Not so sure now about excellent value . I had been looking at EPS 11p for lastyear, but it transpires to be $0.11 (11cent.). Changes the picture for me somewhat.Nonetheless, it will be interested to see what next Results look like.ws
gretel
31 Mar 2016
New forecasts - P/E of only 8.7 New forecasts from Finncap per Hemscott: this year : 15.22p EPS next year : 17.18p EPSLooking extremely good value now.
winningstreak
29 Mar 2016
Excellent value here It is not often that one comes across a fast growing company ata bargain price. Excellent value here, I would say IMO,ws
mcescher
28 Mar 2016
Valuation and growth of Constellation Healthcare Technologies This website shows CHT is seriously undervalued: [link]
gretel
23 Mar 2016
Results ahead of expectations Results are out and are well ahead of expectations.....[link] are $76.7m compared to forecast $69.7mEBITDA is $23.9m compared to forecast $22.6mAdjusted EPS forecasts were 15.6c for 2015 (and 21.7c for 2016), but CHT haven't published the adjusted EPS figure so will have to work this out later.Plus CHT has a $16m cash pile to spend on more acquisitions.
Vipers Ox
22 Mar 2016
Re: Daily Mail sorry - hopefully they are out tomorrow
Vipers Ox
21 Mar 2016
Re: Daily Mail Results out tomorrow - fingers crossed that they are as good as the trading update pointed to
woodee
22 Feb 2016
Daily Mail Market will wake up to this one soon. 40 million of owners money and main director of Capita Group is good enough for me. Massive market (saving heath care money). Plenty of upside to come.
