Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on MYSALE GROUP PLC. We currently have 28 research reports from 3 professional analysts.
|20Jan17 07:00||RNS||Pre-Close Trading Update|
|02Dec16 05:08||RNS||Holding(s) in Company|
|02Dec16 08:36||RNS||Holding(s) in Company|
|30Nov16 04:43||RNS||Holding(s) in Company|
|29Nov16 11:59||RNS||Result of AGM|
|29Nov16 07:00||RNS||AGM Statement|
|08Nov16 10:26||RNS||Publication of Annual Report and Notice of AGM|
Frequency of research reports
Research reports on
MYSALE GROUP PLC
MYSALE GROUP PLC
Strong H1 17 performance, confident outlook for H2
20 Jan 17
Following on from the positive AGM statement at the end of November, MySale has released an upbeat pre-close trading update. Group revenue increased 6% to A$136.1m, while higher margin online revenue, now representing over 90% of the total group, experienced a strong rate of growth of 18% to A$126.5m. As a result, gross margin showed continued improvement of 270bps driving a 17% uplift in gross profit to A$38.4m (versus A$32.7m). Strong trading for the half, combined with a carefully controlled cost base, led to a doubling in EBITDA to A$3.0m. Management are confident going into the second half period and following the increase in guidance at the end of November, the company remains comfortable with current full year forecasts. More detail and an update on trading will be given at the interims expected on 1st March 2017.
N+1 Singer - MySale Group - Strong progress in H1; positive momentum bodes well for H2
20 Jan 17
MySale has delivered a strong performance in H1, with EBITDA roughly doubling. This comes courtesy of strengthening online sales growth, significant further gross margin gains, and good cost control. In particular, the group is successfully rebalancing its customer activation towards re-engagement of lapsed or dormant customers. Active customers are up 19% YoY and, whilst still early days, the cost per customer is likely to reduce. Other enhancements to the platform, data analytics, and buying & merchandising are advancing well. The group has made good progress against its strategic goals, including accelerating growth in the UK (Cocosa) and scaling its marketplace platform in ANZ, with a new strategic relationship announced today (Gilt.com). Recently upgraded forecasts look well underpinned given the momentum in the business, potential from marketplace, and control of the fixed cost base.
Panmure Morning Note 20-01-2017
20 Jan 17
MySale Group has provided a trading update for the six months to 31st December 2016 which highlights strong operational performance and confirms full-year guidance. We leave our estimates and target price unchanged this morning and reiterate our buy recommendation on the shares.
N+1 Singer - Strategy - Best Ideas 2017
04 Jan 17
Today we publish our Best Ideas for 2017. We have chosen 12 stocks that we believe have excellent prospects in the current year, together with an in depth discussion of what we see as the key sector and market themes for 2017. Our top picks are Cineworld, Elementis, Herald Investment Trust, Hill & Smith, IQE, MySale, Redde, ReNeuron, RhythmOne, SDL, Servelec, Severfield. Please see the separate note for further details.
N+1 Singer - Best Ideas 2017 - Top picks
04 Jan 17
Today we publish our Best Ideas for 2017 - 12 stocks that we believe have excellent prospects in the current year together with a detailed discussion of what we see as the key sector and market themes for 2017. Our top picks are Cineworld, Elementis, Herald Investment Trust, Hill & Smith, IQE, MySale, Redde, ReNeuron, RhythmOne, SDL, Servelec and Severfield.
The Slide Rule
12 Jan 17
What is The Slide Rule? The Slide Rule has been designed to dramatically simplify the identification of the best companies in the UK small/mid-cap sector by making a quantitative assessment of the relative potential of each company. At its core, The Slide Rule aims to identify those companies that create genuine shareholder value through strong returns on capital and solid growth, but also present a value opportunity with the potential tailwind of earnings momentum. Companies are assessed within a Quality, Value, Growth and Momentum (QVGM) framework.
Retain forecasts for FY17E and FY18E
05 Oct 16
While LFL sales growth of 1.8% for the first 12 weeks of FY17 looked a little light, this was on the back of 2.8% growth in the prior period. H2 comps become easier to lap and Christmas bookings (festive trading comprises 15% of FY sales on average) are up 10% YoY.
A year of expansion
17 Jan 17
Final results are broadly in line with our revised forecasts on most headline levels in what proved to be a difficult year for the Group. That said, it has significantly increased room capacity, which is now +40% ahead at the time of the IPO (+14.5% yoy), which improves its competitive position and offering. We are maintaining our headline forecasts, and with the dividend expected to be held for the foreseeable future producing an 8.7% yield with a NAV in excess of 180p, we continue to believe there is strong long term value offered at present.
EBITDA break-even reached, positive outlook
18 Jan 17
7digital’s FY16 revenues increased 7% y-o-y and EBITDA profitability was reached, as targeted, in Q4. New contract wins in FY16 set the stage for a stronger top-line performance in FY17 and we consider management’s reiterated target of operating profitability in FY17 as realistic. For an operationally geared growth company in its first year of profitability, the FY17e EV/EBITDA of c 12x looks attractive.
Small Cap Breakfast
17 Jan 17
Global Energy Development (GED.L) — To be renamed Nautilus Marine Services. Schedule 1 from developer and seller of hydrocarbons and related products. Reverse takeover. Raising $10.5m via a convertible. Expected 9 Feb. Eco (Atlantic) Oil & Gas—TSX-V listed oil and gas exploration has announced its intention to float on AIM. Assets in Guyana and Namibia. Proposed £2m-£3m fundraise. Diversified Gas & Oil—According to LSE website first day of trading on AIM now expected for 30 January.