2sides
09 Dec 2014
Re: Results From the year end predicted broker numbers that i have access to, the revenue and adjusted profit before tax are slight misses if you divide the the year total predictions by two. Although the adjusted earnings per share seems in line if you divide by two. Anyone know if numbers are predicted weighted higher to the second half?I reckon its sold off because of a slight miss in numbers and it has crept up on low volume recently, and you know the market - any old excuse to sell sometimes. I reckon its overdone now and have purchased. And the prospect of a suitor not being able to resist the cash generation hasn't gone anywhere.
Willow67
09 Dec 2014
Re: Results I dont think its that, but there are references to increased future costs related to their US partnerships so it might be to do with that. The items you refer to are all non cash. Who cares about depreciation, it's margins and cash generation that matters and they did well on both fronts.
Go Dink
09 Dec 2014
Re: Results I think has spooked investors;"Depreciation charges of £4.9m (H1 2014: £2.9m) have increased substantially as we depreciate our Maidenhead datacentre fit out, the equipment purchased to provide services to our new customers, as a consequence of depreciation charges in the operations we acquired in previous periods and the cloud infrastructure and backup assets we acquired in the USA. The charge for the amortisation of intangible assets, excluding amortisation of intangible assets resulting from acquisitions ("amortisation of acquired intangible assets"
has increased to £0.5m (H1 2014: £0.3m) as a result of charges for backup software licenses and the additional development activity within the enlarged Group. "
Owen Nobody
09 Dec 2014
Re: Results No reason other than profit taking I guess?
middler2
09 Dec 2014
Re: Results It is very hard to read anything negative into these figures. I would have expected a positive reaction. I can only assume 'the market' expected better. As for me, I will try to find some funds to add more.
Willow67
09 Dec 2014
Re: Results Shares off 27p. I do not understand this reaction at all. Anyone?
Willow67
09 Dec 2014
Results Results look great from a first look,
