tradingup
16 Jan 2017
NOT SO FED UP NOW! since my last post there has been a steady upswing in the sp perhaps linked to the bouncein the oil price?
tradingup
19 Nov 2016
Re: REALLY FED UP WITH THIS ONE! The ony glimmer I can see is that they have just got a new Chairman.I also noted that the CEO has been in post since 1981 if I read it correctly.
Our Haven
31 Oct 2016
Re: REALLY FED UP WITH THIS ONE! Just about sums it up dazedandconfused. I cannot see them yet again increasing the dividend, surely time for a cut. The only hope is that is already in the price.
dazedandconfused
31 Oct 2016
Re: REALLY FED UP WITH THIS ONE! No.
tradingup
30 Oct 2016
REALLY FED UP WITH THIS ONE! Down 40% over four years; this looks like a company in a permanent nose dive. still payingthe divi but if things dont improve soon that will probably need to be cut.Hasn't been a post here for six months. Has anyone anything positive to say?!!
Simbrad
29 Jun 2016
Liberum put out a note earlier on research tree
Our Haven
26 Apr 2016
Re: down 17%, blimey Starting to recover now. Looks like overkill.
Montman
26 Apr 2016
Re: down 17%, blimey Hopefully the normal 'overkill' !
Doodlebugger
26 Apr 2016
Re: down 17%, blimey OK, found the RNS...so expected downturn due to falling oil & Gas revenues finally kicks home. They do have a lot of seismic consultants sitting at home on their bottoms...
Doodlebugger
26 Apr 2016
down 17%, blimey Any ideas? I can't see an RNS on here...
dazedandconfused
27 Jan 2016
market statement This is not that unexpected, but i think we can see the end of the long upward Divi trend with this one, hence the market reaction? Have been hanging on to a few shares, and waiting for the dip to end before investing more in this environmental business...but i might just 'sit' now for a while.
vpascalg
01 May 2015
Re: Some figures RPS Group is currently by far the most undervalued publicly quoted engineering consultancy found on European and North-American stock exchanges, based on the average free cash flow in the past 5 years.Whether yesterday's trading update is a profit warning remains to be seen. The Energy business has had a "slower" than expected start to the year, although RPS expects better conditions during the course of the year. The oil price is recovering as of recently. The BNE division continues to grow. Acquisitions should contribute to revenues and profits. The company also expects to benefit from cost cuttings. All in all, I remain very optimistic about RPS. The stock is one of the most undervalued within the FTSE 350 and should recover during the course of the year.Fair value: 348p based on 21x average free cash flow 2010-2014.
Blanketstacker
01 May 2015
Some figures Yesterday's trading update is essentially a profit warning, and has certainly been interpreted as such. The crux of the matter is that this environmental consultancy is now having trouble seeing the level of future earnings from oil. The price is now almost 30% off the year's high. Around 45% of earnings are oil related. If these halve, which is possibly an extreme outlook, EPS will drop to c13p. As the company stresses much of its work is for regulatory bodies and national firms rather then speculative explorers, so it might be rather more secure. That figure will give a PER of c11 as the price stands. The dividend is currently 8.4p, twice covered. It should be maintained, giving a yield of over 4%. Any loss of earnings could be mitigated by income from the new Norwegian acquisition, and further acquisitions are noted as being under consideration. With gearing currently at around 20% that is possible under the current banking arrangements. The acquisition record here is good.The big fly in the ointment is the glut of emerging broker targets of 200. If we arrive there this will be a screaming buy. Even at the moment it is a possible purchase whether you are seeking income or growth. But those targets have a habit of becoming self-fulfilling prophecies!
albent
05 Apr 2015
RPS Group looking undervalued? Here is an infographic for RPS Group (RPS): [link]
vpascalg
26 Feb 2015
Fair value Fair value: 348.1p based on 21x the average free cash flow of the past 5 years.
