Ding2dong
07 Aug 2017
Re: Big rise this morning, why? Tip in telegraph on Saturday.
Rhigos
07 Aug 2017
Big rise this morning, why? Over 5% rise in SP this morning. Cannot find any news to justify rise. Anybody got any idea what is driving up SP?
Triggers broom
24 Jul 2017
Trading Update Another cracking update reflected in the SP this morning although I suspect dragged down slightly by the overall market.[link] have now raised their SP target to 450p and whilst more conservative than Berenberg's 600p I see this exceeding 500p comfortably by the results announcement in September.Onwards and upwards on one of the quietest BB's on ii.
Triggers broom
07 Jul 2017
Re: Stake building? SP +15% since Tue cl... "Good timing on top up".It certainly was but 100% pure luck as I was just rebalancing the ISA and QXT was a bit light.
Rhigos
07 Jul 2017
Re: Stake building? SP +15% since Tue cl... Triggers broom,Good timing on top up. I missed the boat buying near previous peak on 20 Apr this year. On mid price now up 0.5% on gross purchase cost. Will be happy if SP gets to 600p in next 12 months and will probably take profits if that happens.I think you are right that Berenberg 600p was probably trigger for recent rise.Problem with QXT is that to grow they need to keep increasing sales of their specialist gaming computers, which is not that easy as market for them not huge. SharePad (consensus of broker analysts) has forecast for pretax profit growth of 47.8% so perhaps 600p SP target obtainable.
Rhigos
06 Jul 2017
Stake building? SP +15% since Tue close Quite a lot of sizeable trades going through. Looks like institution(s) building a stake in QXT. About back to my purchase cost after price drifted down for a couple of months (was getting near stop loss trigger point).Anyone got any ideas on this sudden surge in SP?
Rhigos
21 Apr 2017
Re: Octopus AIM invest in QXT Bought some yesterday and some more today. Did not have to pay anywhere near ask price of 415, got for about 409. Nice that now no stamp duty on AIM shares, makes up for wider spreads.Slight cause for unease in that I notice from SharePad that institutional investors have reduced their holding by 9.5% in the last 3 months. Profit taking I imagine. They are pricey with a PE of 27.1% but will be OK if they can continue to grow at the forecast rate e,g. normalised EPS growth of 31.2% pa. SP flat today according to official (mid-price) closing prices for yesterday and today.
Rhigos
22 Mar 2017
Octopus AIM invest in QXT I noticed this company when researching Octopus AIM IT (OOA). QXT looks like a very good company to invest in for growth.
Triggers broom
22 Mar 2017
Results Great results. Shame they didn't proof read the document for the ex div date though.
Sambram
14 Sep 2016
Exceptional H1 finnCap update on today's update, taken from Research Tree:"This is an exceptional first-half performance from the core Quixant business, driven by growing Tier-1 penetration, and an impressive first full six-month contribution from Densitron, which has not only grown under Quixant management but delivered significant profit as well. Overall, group H1 sales more than trebled YoY to $41.3m, including a full half of Densitron acquired last November. Underlying this was strong organic sales growth from both the original Quixant business (revenue up 56% YoY to $21.2m) and the acquisition (revenue up 33% YoY on a constant currency basis). This was ahead of our expectations and leads us to slightly upgrade our FY 2016 sales forecasts. Cash flow is as usual very strong in H1, and the net debt – taken on with the acquisition – has been halved to $3.4m from $7.9m at the year-end. Management enters H2 with confidence and expects to achieve FY earnings forecasts; we retain our expectation of $13.0m adj. PBT and 15.7c FD adj. EPS and raise our target price to 250p, a 21x P/E rating on FY earnings, which we feel is easily justified by the near 40% earnings growth."
mcescher
28 Mar 2016
Solid dividend player with healthy balance sheet. Summary of this report on Quixant [link]
zulu principle2
25 Mar 2016
On my watchlist What I look for when buying a stock 4 years of continual growth which can be a combination of historic and forecast growth – Yes it has 7 2016 EPS Forecast 6.53p EPS Growth 66.9% PER 19.5 PEG 0.29 2017 EPS Forecast 14.4p EPS Growth 32.1% PER 14.8 PEG 0.46 Low Forecast PER (<16) & PEG (<0.7) and good EPS Growth (>15%) - No 2016 PER is nearly 20 which is high but with nearly 67% giving a low PEG of 0.29 which is good 2017 Valuation is great 2015 Results showed it beat broker ESP Forecasts by 10.3% 2016's EPS Forecasts have been increased by 48.3% from 7.35p to 10.9p The Below are based on 2014 Results as I dont have 2015's yet Positive 1 Year Relative Strength - Yes Positive 1 Month Relative Strength – Yes ROCE of 20% - Yes 35% Profit Margin of over 7.5% - Yes 22% Cashflow Per Share greater than EPS around 1.3 - No 0.35 Low Gearing Yes -16% Quick Ratio over 1 - Yes 3.5 Director Share holding >10% - Yes 39% Dividend Yield (a nice to have) forecast – Yes but very low Positive Outlook Statement - YES We have had a strong start to 2016 in both our core business and also gaming monitors and with the potential opportunities Densitron provides in other markets, I am confident the Group is well placed to deliver strong growth in 2016 and beyond Going to keep a close eye on this and if the price dropps a little I may make a small purchase of around £1500 as the 2016 PER is high at 20 and EPS is less than Cashflow Follow me on facebook[link] Twitter@GrowthStocksUK
