COHORT PLC- aktiv in hyprider Technologie - 500 Beiträge pro Seite

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A0JDZC

Guten MOrgen.

Jemand hier in dem kleinen" The independent technology group" investiert?




http://www.cohortplc.com/home/

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klein,fein mit umsatz und gewinnsprung.kurs rauf.

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führe selbstgespräche.
trotzdem.weiter gestiegen....

bin zufrieden.nische beim militär.hat imo zukunft bei der unsicheren lage auf der welt

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im sog chinas-schade

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Jetzt dürfen andere schreiben

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Heute quartalsbericht.
Umsatz gewinn dividende nach oben.
So.nun ruhe vor mir selbst.sonst werden ich noch als beazhlter pusher tituliert
Schönes wochenende

[x-rush-13]

Interessanter Titel - Zitat aus dem AR 15:"The Group’s single most important customer remains the UK MOD". Kurs dürfte positiv korrelieren wenn Krisen zunehmen oder UK sich militärisch engagieren. Pazifistisch orientierte Regierungsmehrheiten haben dann wohl eher negative Auswirkungen auf die Performance.
Hast du schon mal verfolgt auf welche Nachrichten-Bereiche die Aktie (oder die Analysten) besonders reagieren ?

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Antwort auf Beitrag Nr.: 50.326.242 von x-rush-13 am 04.08.15 10:30:06

Moin

so weit bin ich ( noch) nicht.

nehme die Idee gerne auf

Ist ein kleiner Wert im depot- und ist in der Tat politisch motiviert. So lange Mr Putin seine Haltung nicht ändert und die Welt latent unsicher bleibt kann ein kleines Unternehem durchaus Charme entwickeln.

Gruß

LUBI54

[sdaktien]

Die sehen technisch interessant aus. Hast du mal eine Auflistung des EpS der letzten Jahre?

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http://www.lse.co.uk/SharePrice.asp?shareprice=CHRTHier ein wie ich finde netter link dazu

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http://www.cohortplc.com/media/pdf/Cohort%20plc%20Annual%20R…ein link zu den finances von cohort per 30.4.2015

eigentlich mein Grund für den Einstieg hier.

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Guten Morgen

Persönlich gefällt mir der Zukauf.

Acquisition
RNS Number : 1142V
Cohort PLC
05 August 2015


5th August 2015
Cohort plc
("Cohort" or "the Group")
Cohort to acquire leading Portuguese defence business
Cohort, the independent technology group, is pleased to announce it has agreed to acquire Empresa de Investigação e Desenvolvimento de Electrónica, S.A., (EID), a Portugal based supplier of advanced electronics, communications and command and control products and systems for the global defence market.
Highlights
· Gross cash consideration of €19m (£13.3m)
· Consideration to be funded from Cohort's existing cash resources augmented by a new syndicated debt facility
· Completion, which is conditional on approval of the Portuguese Ministries of Finance and Defence and fulfilment of certain other conditions, expected in September 2015
· EID to join MASS, MCL, SEA and SCS as the fifth member of the Cohort Group
· A cash generative business with a strong order book, a healthy sales pipeline, a highly competent and experienced defence engineering workforce and a modern, low cost, electronics manufacturing facility
· Provides the Group with the ability to offer a wider range of new and complementary capabilities to defence and security customers worldwide, whilst adding Portugal as a new home market for the Group's products, systems and services
· Expected to be earnings enhancing in the current financial year and for the year ended 30 April 2017
Overview of EID
EID is a hi-tech company with more than 30 years' experience in the design, manufacture and support of advanced, high performance command, control and communications equipment for the global defence and security market. Customers for its naval communications systems include the Royal Navy and other NATO navies including those of Portugal, the Netherlands, Spain and Belgium. It has also supplied a number of other export customers; in total its products equip over 120 warships worldwide, and its army products have also enjoyed wide domestic and export success.
EID operates through three market-facing divisions:
· Naval Communications: Integrated command, control and communications systems for warships.
· Tactical Communications: Radio equipment, vehicle intercom systems and networking equipment.
· Communications Systems: Field communications equipment, military messaging and turn-key integrated command, control, communication and surveillance systems.
These divisions are supported by an internal production and logistics unit. EID operates from an engineering facility near Lisbon, and has a regional office in Malaysia. It has a total of 138 employees.
EID generated revenue in the year to December 2014 of €14.5m and EBIT of €1.4m. Gross Assets as at 31 December 2014 were €25.5m. We believe EID's strong order book (€35.2m at 31 March 2015) and prospects position it well to make progress in 2015 and beyond. At the end of March 2015, €12.4m of revenue for the year ending 31 December 2015 was already on order, supplemented by a promising pipeline of further sales prospects.
Background to and reasons for the acquisition
Cohort's Board believes that further investment in carefully targeted acquisitions will generate enhanced returns to shareholders. The Group seeks to acquire agile, innovative businesses operating in the defence and security sectors with growth potential and a degree of sustainable competitive advantage. EID meets all of these criteria.
The Board believes that the acquisition of EID will provide a number of benefits:
· A portfolio of complementary products and systems with a strong global market presence
· Good relationships in a number of important export markets in Europe, Middle East, Africa, Southeast Asia and Latin America
· A new home market in Portugal and access to EID's international customers for the Group's products and services
· Access to a highly competent and experienced defence engineering workforce
· A modern electronics manufacturing facility certified to the relevant NATO standards
Terms of the acquisition and funding
Consideration for the acquisition will be satisfied by a payment of €19.0m (£13.3m) for 99.98% of the share capital of EID to existing shareholders Empresa Portuguesa De Defesa (S.G.P.S.) S.A., EFACEC Capital S.G.P.S. S.A, Instituto de Apoio às Pequenas e Médias Empresas e à Inovação, I.P. and Rohde & Schwarz GmbH. At the time of completion EID is expected to hold at least €3m of cash and no financial debt, giving a net acquisition price of €16m on a cash-free, debt-free basis. The price is subject to a downward only net asset adjustment.
Completion of the acquisition is subject to approval by the Portuguese ministries of finance and defence, and on the fulfilment of certain other conditions. It is likely that the acquisition will complete in September 2015.
Cohort is in advanced discussions with a syndicate comprising RBS, Barclays and Lloyds to finalise the details of a new debt facility with a total value of up to £25m. The facility will comprise three flexible elements: a term loan, an overdraft (replacing the Group's existing facility with RBS) and trade finance. We expect to fund the transaction in part through drawdown of a Euro-denominated loan from this term loan facility. The remainder of the consideration will be drawn from Cohort's existing cash resources. In the event that the new facility is not in place at the time of completion, we will fund the transaction entirely from our existing cash resources and bank facility.


Andrew Thomis, Chief Executive of Cohort, said:
"The acquisition of EID is an important step for Cohort. It adds to the Group a highly capable provider of communications systems that has demonstrated the quality of its products through export success in a number of important territories.
"EID has a strong order book and excellent prospects with both domestic and export customers. As Cohort's first non-UK company it brings us a new domestic market - and the opportunity to offer all of the enlarged Group's products and services to the existing customers of both EID and Cohort. I am looking forward to working with EID's management team to realise the exciting growth opportunities that this transaction will create."
This statement is not intended to be, and should not be construed as, a profit forecast and should not be interpreted to mean the earnings per Cohort share for the current or future financial years will necessarily match, or be greater or less than, the historical earnings per Cohort share.
Ends
For further information please contact:
Cohort plc 0118 909 0390
Andy Thomis, Chief Executive
Simon Walther, Finance Director
Investec Bank plc 020 7597 5970
Keith Anderson / Daniel Adams
MHP Communications Limited 020 3128 8100
Reg Hoare / Jamie Ricketts / Ollie Hoare

NOTES TO EDITORS
Cohort plc
Cohort is an independent technology group working primarily for defence (air, land and sea), wider government and industry clients, through four market-facing subsidiary companies:
MASS - a specialist systems house with considerable experience in the defence market and a focus on electronic warfare operational support and secure information systems. Based in Cambridgeshire, MASS was acquired by Cohort in August 2006;
MCL - an expert in sourcing, design and integration of electronic and surveillance technology, as well as field support and training for a range of specialist UK end users including the MOD and other governmental agencies. Based in Surrey, MCL has been part of the Group since July 2014;
SCS - a defence technical advisory business, combining technical expertise with practical experience and domain knowledge. Owned by Cohort since flotation in March 2006;
SEA - an advanced surveillance systems and software house with hardware development capability operating in the defence, transport and offshore energy market sectors. Acquired by Cohort in October 2007.
Cohort was admitted to London's Alternative Investment Market in March 2006. It has its headquarters in Berkshire and employs in total around 600 core staff there and at its other operating company sites in Bristol, Cambridgeshire, Devon, Lincolnshire, Somerset, Surrey and Scotland.

This information is provided by RNS
The company news service from the London Stock Exchange

END

[sdaktien]

Mich kann die Aktie einigermaßen technisch überzeugen, fundamental jedoch nicht.
Für das laufende Geschäftsjahr (Ende immer 30.4.) rechnen Analysten mit einer Gewinnhalbierung, erst für das nächste Jahr wird im Ergebnis mit einer Verdopplung gerechnet, was aber langfristig immer noch kein Wachstum ist. Nimmt man diesen Anstieg nun isoliert und betrachtet Cohort als TA-Wert (was eigentlich nicht statthaft ist, denn Gewinn ist ja da), käme ich auf einen für mich fairen Wert von 225pence. Die Aktie steht bereits bei 350pence.

Technisch sieht die Aktie, wie gesagt, besser aus, zuletzt schwächelte aber im letzten Anstieg das Handelsvolumen. Das deutet zumindest auf eine Korrektur hin (was im Herbst auch nicht ungewöhnlich ist)

Wenn du kannst (und Lust hast) stell doch mal die nächsten Quartalsberichte ein. Vielleicht ergibt sich ja irgendeine positive Überraschung die meine Meinung revidiert.

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Antwort auf Beitrag Nr.: 50.344.041 von sdaktien am 06.08.15 11:43:51

guter Einwand

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Antwort auf Beitrag Nr.: 50.327.610 von sdaktien am 04.08.15 12:55:18

moin

hier die auflistung EPS:
http://www.lse.co.uk/share-fundamentals.asp?shareprice=CHRT&…

[sdaktien]

Vielen Dank, mit den jetzt vorliegenden Zahlen kann mich Cohort aber noch weniger überzeugen. Es ist ja in jedem Jahr Gewinn vorhanden, deswegen sollte man Cohort auch nicht als TA-Wert sondern als normalen Zykliker einstufen.
Rechne ich mit dieser Maßgabe, ergäbe sich bei Cohort für mich ein fairer Wert von nur 139pence.
Die Aktie steigt dennoch. Schön für die Aktionäre. Man muss aber dabei wissen, dass dieser Anstieg fundamental nicht gerechtfertigt ist. Dies kann, wenn die Aktie mal nicht mehr angesagt ist, auch schnell zu massiven Rückschlägen führen.

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Antwort auf Beitrag Nr.: 50.365.899 von sdaktien am 10.08.15 13:26:48

Mahlzeit

Danke für Deine sachliche Einschätzung-schätze ich sehr.

hier ist IMO Fantasie im Spiel.

was also wäre zu tun? Position ausbauen, verkaufen? Halten?

Das ist always in the eye of the beholder.Richtig

Sollte Uk bei dem Referendum zur EU sich entschließen auszutreten- ich welcher Form aus immer-käme das Papier unter die Räder.

Für mich eine kleine Position als add-on.

[sdaktien]

Zwei Borsianer - Drei Meinungen. Ist doch immer so.

Persönliche Meinung: Ich würde on Cohort keine Position aufbauen, da sie nach den fundamentalen Kriterien bei mir durchfällt.
Technisch wäre es mir aufgrund der Jahreszeit zu unsicher.

Wie gesagt, nur meine Meinung.

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zumindest ist das Papier raus aus dem Bereich der penny stocks nach US Maßstäben das ist schon mal gut.

bleibe vorsichtig dabei- kleine Dividenden gibt es ja auch



Gruß

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AGM Statement
RNS Number : 7417Z

Cohort PLC

22 September 2015






22 September 2015



COHORT PLC ("Cohort")

AGM Statement & First Quarter Update



Cohort, the independent technology group, is today holding its Annual General Meeting. The Chairman, Nick Prest, will make the following remarks to the meeting:



"Cohort again improved its performance last year, achieving record revenue, adjusted operating profit and closing net funds. SCS, SEA and MASS all improved their performance, and there were first time contributions from the acquisitions of MCL and J+S. At the year end, net funds were £19.7m, after expenditure of £17m on acquisitions. The Group's order book remained strong at £134m, with around 66% of externally forecast 2015/16 revenue underpinned by customer orders, a slightly higher percentage compared to the previous year.

"In line with our stated strategy, on 5 August 2015 we announced that Cohort has agreed to acquire Empresa de Investigação e Desenvolvimento de Electrónica, S.A., (EID), a Portugal based supplier of advanced electronics, communications and command and control products and systems for the global defence market. This acquisition provides the Group with the ability to offer a wider range of new and complementary capabilities to defence and security customers worldwide and is expected to be earnings enhancing in the current financial year. The acquisition is expected to complete shortly.

"Our order book and pipeline remains robust; EID will add substantially to it having reported a €35.2m order book as at 31 March 2015, and on 13 August 2015 we announced a £11.2m contract awarded to MCL by the Ministry of Defence for hearing protection. The Group's order book stood at £136m as at 31 August, excluding EID.

"Cohort is close to completing its new debt facility announced at the time of the acquisition of EID and to be put in place as part of the deal funding structure. This has a total value of up to £25m with a syndicate comprising RBS, Barclays and Lloyds and comprises three flexible elements: a term loan, an overdraft (replacing the Group's existing facility with RBS) and trade finance. Net funds as at 31 August 2015 stood at £12.4m prior to payment of the net cash consideration of €16m in respect of EID. The reduction in the Group's cash position since year end is a result of the expected outflow of working capital following the favourable timing signalled at the year end.

"Our emphasis continues to be on driving further growth both organically and by acquisition, supported by a continuing strong funding position. Overall, Cohort's order book and near-term prospects provide a good base for future progress".

Ends





For further information please contact:







Cohort plc

0118 909 0390