Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on CASTLETON TECHNOLOGY PLC. We currently have 23 research reports from 3 professional analysts.
|19Jan17 04:23||RNS||Director/PDMR Shareholding|
|19Jan17 04:23||RNS||Holding(s) in Company|
|16Jan17 07:01||RNS||Directorate Change|
|16Jan17 07:00||RNS||Contract Wins|
|21Dec16 09:18||RNS||Holding(s) in Company|
|22Nov16 04:28||RNS||Holding(s) in Company|
|15Nov16 07:06||RNS||Contract Win|
Frequency of research reports
Research reports on
CASTLETON TECHNOLOGY PLC
CASTLETON TECHNOLOGY PLC
Joy of Techs
21 Nov 16
ICT evolution is driven by technological development as advances are made which both meet and shape customer requirements. Our 2011 note No such thing as a telco described the modern reality in that former ‘telcos’ now deliver varying elements of a range of managed services. We built on this theme last year, exploring in further detail their evolutionary paths, operating fundamentals, and cashflow yield similarities. In the consumer environment, demand for bundles of technology is complemented by demand for content. Across the pond, the mooted combination of AT&T and Time Warner typifies the bundled need of ‘pipe’ and content, since unbundled alternatives such as FaceTime and WhatsApp can be easier and clearer to chat over, and Amazon and Netflix are easier to watch anywhere. In the UK, BT’s defensive actions cover delivery, content and capabilities, acquiring EE yet also buying football rights. While TV was long ago added to triple play to become quad play, voice is now merely an app, and fixed and mobile seen as just dumb pipes: it's the content that will influence consumer choices. Growth of TV and film as well as music and gaming over IP leads to UK small cap opportunities. In context of the drive to maximise value from pipes and access by offering content and data, we look at some amongst the potential tech small cap beneficiaries: Amino*, Keyword Studios, ZOO Digital*, 7digital*, KCOM* and CityFibre*.
15 Nov 16
eg solutions* (EGS): New contract shows the full range of eg’s solution (CORP) | Hayward Tyler* (HAYT): Interims highlight significant 2H weighting needed (CORP) | Carclo (CAR): Decent Interim performance – on track for FY (BUY) | Wentworth Resources (WRL): Q3 results (BUY) | Castleton* (CTP): Australian contract win (CORP) | Artilium* (ARTA): Another new MVNO agreement signed (CORP) | Redcentric* (RCN): Appointment of forensic accountants and interim CFO (CORP)
14 Nov 16
Inspiration Healthcare Group (IHC.L) | Augean (AUG.L) | Venture Life Group (VLG.L) | Sterling Energy (SEY.L) | Directa Plus (DCTA.L) | Metals Exploration (MTL.L) | Orchard Funding Group (ORCH.L) | Castleton Technology (CTP.L) | AFH Financial (AFHP.L) | Akers Biosciences (AKR.L)
14 Nov 16
Orchard Funding Group* (ORCH): Initiation and results (CORP) | Akers Biosciences* (AKR): Q3 results with positive outlook (CORP) | Castleton Technology* (CTP): Interims on track, cash flow returns (CORP) | Ithaca Energy (IAE): Q3 results (BUY) | 21st Century Technology (C21): On the buses (CORP)
Interims on track, cash flow returns
14 Nov 16
Interims for the six months to September 2016 demonstrate performance in line with unchanged full year expectations. 15% revenue growth included 44% growth within software services and -6% within infrastructure services. EBITDA margin of 21% was consistent with previous periods, leading to 19% EBITDA growth and delivering 46% of the full year forecast to March 2017. With a return to positive free cash generation of £1m even after continuing reorganisation, Castleton continues to drive cross sales opportunities from the 600+ customer base. Target price 90p reiterated.
Making Mobiles Better
17 Jan 17
Mobile phones are increasingly the key connection for the modern world. This means that the performance of mobile phones, and their networks, is going to become more critical for all the apps and businesses that rely on them. New technologies such as VR, AR, and AV will need better, more reliable connections to really move into the mainstream. In this thematic piece we attempt to identify some of the most important issues facing mobile phone networks and their users, and start to identify solutions and enablers that will solve these problems and create value by doing so.
Panmure Morning Note 18-01-2017
18 Jan 17
Blancco technology, a leading provider of data erasure solutions and mobile device diagnostics, has announced that its underlying profits are ahead of expectations. Organic sales growth remains strong, the group continues to win larger ticket orders and the mobile diagnostics is performing ahead of plan. Consequently, we are raising our FY17 PBT forecast from £8.0m to £8.3m.
N+1 Singer - NCC Group - Interims confirm underlying business sound
19 Jan 17
NCC’s interim results were largely flagged in the detailed trading update released in December. Group revenue increased 35% to £125.8 (organic growth +18%) and adj. EBITDA grew 15% to £21.3m. The group’s issues relating to contract losses/deferrals in the period were previously announced and are already included in our forecasts. The group has maintained its interim dividend at 1.5p, which we believe is an indication of the strong underlying business. Separately, NCC has announced that Paul Mitchell intends to step down as chairman in May ’17. We continue to believe that NCC remains a highly attractive asset in an area seeing strong structural growth and see the current share price weakness as an opportunity. We retain our Buy recommendation and 233p target price.
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.
N+1 Singer - dotDigital Group - Trading update
17 Jan 17
dotDigital issued a trading update for the six months ended 31 December 2016, indicating revenue growth up 17% y-o-y to £15.0m with EBITDA in line with market expectations and on track for the full year. Cash has grown to £18.9m. Revenue was slightly light of expectations owing to a slower start in the US but Q2 already showed improvement with a strong pipeline building. Our EBITDA and EPS forecasts are unchanged but revenues trimmed by 4% for both years. There is much activity in broadening avenues of growth in terms of new connectors, partnerships and geographical footprint and we remain positive of its prospects. Interim results will be released on Feb 21.