Blanketstacker
02 Feb 2015
Is there any value here? Forward PER is c8.6, and yield is possibly c5% covered twice.Debt has risen, but this was as a result of acquisitions that diversified the business away from Eastern and Central Europe. Money well spent perhaps?We are bobbling along at a yearly low. When this level was reached last month there was a substantial, if momentray, surge in price.Average broker target is c160, with a concensus hold/buy.Admittedly the questions about Russia remain, but that proportion of the business has been diluted, and in any EU case sanctions are up for review.Any views chaps?
II Editor
30 Jan 2015
NEW ARTICLE: ITE: No 'V' shaped recovery "ITE: No ‘V’ shaped recoveryWhile ITE has recovered from past Russian crises rapidly, recovery this time is likely to be more protracted. The shape of the company that emerges will be different too.Well, bang goes the theory that ITE will ..."[link]
II Editor
27 Jan 2015
NEW ARTICLE: ITE: Maximum stress "The robust businesses of ITE, a trade show organiser operating predominantly in Russia and neighbouring states, are being tested, almost to the max.ITE holds its Annual General Meeting on Thursday. I will be there, hoping to learn just how ..."[link]
lambrini girl
18 Dec 2014
Re: LiveSqauwk >>>SELL(225)... 129 target..<<<BANG ON!!..nice bounce offa the buy zone..
II Editor
09 Dec 2014
NEW ARTICLE: ITE is down but far from out "Judging by the share price, you’d assume exhibition organiser ITE was in crisis. In fact it’s just reported a record (adjusted) profit. The company is weathering a geopolitical storm, but it’s faced challenges like this before. Revenue in the ..."[link]
lambrini girl
03 Dec 2014
Re: LiveSqauwk gonna claim a BANG ON!!..140 close enuff..nice bounce off buybots..
Oxtrader
02 Dec 2014
Results These results demonstrate that ITE has a risky year ahead. Cash reserves depleted, any new acquisitions in the forthcoming year will need to be funded by the market, thus a possible rights or dilution of the share price. Dividend cover weakened and with little guidance to how they might wish to diversify away from Eastern European markets. But EPS and profit has been upheld, but as I said - I doubt this'll be the case in next year's results. As this will be heavily reliant on revenues with little protection from volatility. As which as we can see, fell heavily. Despite it's low PE and price, far too risky for me to invest in!
