In January we screened for companies with estimates that had been declining consistently since a year previously, but which had risen in the immediately preceding three months (see our note dated 22 January 2016). We have reviewed the performance of those companies and, given the overall strength of this selection, we have re-run the screen. In the c.3 months since selection, the unweighted average rise was c.34% against a c.11% rise in the main All-Share index. From the same universe as before ....

29 Apr 2016
Consensus eps falling…falling…falling…rising 2.0
Central Asia Metals Plc (CAML:LON), 154 | Pan African Resources PLC (PAF:LON), 43.6 | Steppe Cement Ltd (STCM:LON), 18.0 | TT Electronics plc (TTG:LON), 88.6 | Ithaca Energy (IAE:TSE), 0 | Seplat Energy PLC (SEPL:LON), 200 | Seplat Energy PLC (SEPL:LON), 200 | Sound Energy plc (SOU:LON), 0.8 | Low & Bonar (LWB:LON), 0 | M.P. Evans Group PLC (MPE:LON), 1,062 | PureCircle (PURE:LON), 0 | Allergy Therapeutics plc (AGY:LON), 7.0 | NIOX Group Plc (NIOX:LON), 67.9 | Begbies Traynor Group plc (BEG:LON), 96.0 | accesso Technology Group Plc (ACSO:LON), 496 | Fidessa Group (FDSA:LON), 0 | Johnston Press (JPR:LON), 0 | Ladbrokes Coral Group (LCL:LON), 0 | Flybe Group (FLYB:LON), 0 | Brooks Macdonald Group plc (BRK:LON), 1,555 | Helical plc (HLCL:LON), 236 | Acacia Mining (ACA:LON), 0 | Ecora Resources PLC (ECOR:LON), 58.0 | Gem Diamonds Limited (GEMD:LON), 8.1 | Hochschild Mining plc (HOC:LON), 258 | Petra Diamonds Limited (PDL:LON), 22.3 | SIG plc (SHI:LON), 15.8 | discoverIE Group PLC (DSCV:LON), 642 | Spirent Communications plc (SPT:LON), 193 | Eland Oil & Gas (ELA:LON), 0 | ANGLE plc (AGL:LON), 8.0 | C&C Group Plc (CCR:LON), 153 | Jimmy Choo (CHOO:LON), 0 | Communisis (CMS:LON), 0 | Utilitywise (UTW:LON), 0 | RS Group PLC (RS1:LON), 588 | Datatec Limited (DTT:BER), 0 | Fusionex International (FXI:LON), 0 | NetDimensions (NETD:LON), 0 | Statpro Group (SOG:LON), 0 | Spire Healthcare Group PLC (SPI:LON), 199 | AO World Plc (AO:LON), 99.4 | James Fisher and Sons plc (FSJ:LON), 313 | City of London Investment Group PLC (CLIG:LON), 368 | Hansard Global plc (HSD:LON), 48.0 | HSS Hire Group PLC (HSS:LON), 7.2 | Impax Asset Management Group plc (IPX:LON), 172 | International Personal Finance plc (IPF:LON), 153 | Avanti Communications Group (AVN:LON), 0 | Lonmin (LMI:LON), 0 | Gulf Keystone Petroleum Limited (GKP:LON), 156 | Lion Finance Group PLC (BGEO:LON), 6,412 | Big Banc Split Corp. Class A (BNK:TSE), 0 | Kenmare Resources Plc (KMR:LON), 382 | Summit Therapeutics Inc (SMMT:NAS), 0 | VERBUND AG Class A (0NR1:LON), 0 | Nexxen International Ltd. (NEXN:NAS), 0

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Consensus eps falling…falling…falling…rising 2.0
Central Asia Metals Plc (CAML:LON), 154 | Pan African Resources PLC (PAF:LON), 43.6 | Steppe Cement Ltd (STCM:LON), 18.0 | TT Electronics plc (TTG:LON), 88.6 | Ithaca Energy (IAE:TSE), 0 | Seplat Energy PLC (SEPL:LON), 200 | Seplat Energy PLC (SEPL:LON), 200 | Sound Energy plc (SOU:LON), 0.8 | Low & Bonar (LWB:LON), 0 | M.P. Evans Group PLC (MPE:LON), 1,062 | PureCircle (PURE:LON), 0 | Allergy Therapeutics plc (AGY:LON), 7.0 | NIOX Group Plc (NIOX:LON), 67.9 | Begbies Traynor Group plc (BEG:LON), 96.0 | accesso Technology Group Plc (ACSO:LON), 496 | Fidessa Group (FDSA:LON), 0 | Johnston Press (JPR:LON), 0 | Ladbrokes Coral Group (LCL:LON), 0 | Flybe Group (FLYB:LON), 0 | Brooks Macdonald Group plc (BRK:LON), 1,555 | Helical plc (HLCL:LON), 236 | Acacia Mining (ACA:LON), 0 | Ecora Resources PLC (ECOR:LON), 58.0 | Gem Diamonds Limited (GEMD:LON), 8.1 | Hochschild Mining plc (HOC:LON), 258 | Petra Diamonds Limited (PDL:LON), 22.3 | SIG plc (SHI:LON), 15.8 | discoverIE Group PLC (DSCV:LON), 642 | Spirent Communications plc (SPT:LON), 193 | Eland Oil & Gas (ELA:LON), 0 | ANGLE plc (AGL:LON), 8.0 | C&C Group Plc (CCR:LON), 153 | Jimmy Choo (CHOO:LON), 0 | Communisis (CMS:LON), 0 | Utilitywise (UTW:LON), 0 | RS Group PLC (RS1:LON), 588 | Datatec Limited (DTT:BER), 0 | Fusionex International (FXI:LON), 0 | NetDimensions (NETD:LON), 0 | Statpro Group (SOG:LON), 0 | Spire Healthcare Group PLC (SPI:LON), 199 | AO World Plc (AO:LON), 99.4 | James Fisher and Sons plc (FSJ:LON), 313 | City of London Investment Group PLC (CLIG:LON), 368 | Hansard Global plc (HSD:LON), 48.0 | HSS Hire Group PLC (HSS:LON), 7.2 | Impax Asset Management Group plc (IPX:LON), 172 | International Personal Finance plc (IPF:LON), 153 | Avanti Communications Group (AVN:LON), 0 | Lonmin (LMI:LON), 0 | Gulf Keystone Petroleum Limited (GKP:LON), 156 | Lion Finance Group PLC (BGEO:LON), 6,412 | Big Banc Split Corp. Class A (BNK:TSE), 0 | Kenmare Resources Plc (KMR:LON), 382 | Summit Therapeutics Inc (SMMT:NAS), 0 | VERBUND AG Class A (0NR1:LON), 0 | Nexxen International Ltd. (NEXN:NAS), 0
- Published:
29 Apr 2016 -
Author:
Singer CM Team -
Pages:
7 -
In January we screened for companies with estimates that had been declining consistently since a year previously, but which had risen in the immediately preceding three months (see our note dated 22 January 2016). We have reviewed the performance of those companies and, given the overall strength of this selection, we have re-run the screen. In the c.3 months since selection, the unweighted average rise was c.34% against a c.11% rise in the main All-Share index. From the same universe as before ....