Conviviality PLC (CVR)
Source of tip
This came via the Motly Fool share tips – courtesy of a cool little site that ranks share tipsters – I’ll be doing a follow up post on that soon.
Research
What’s the company worth (Market Cap)?
Share price x number of shares.
Looking for £50m to £950m.
471.30M
What are the full year pre-tax profits?
Full year, preliminary, interim results.
Look to see if the market cap is 15x this at most.
Full year pre-tax profits (01/05/2016) – £8.93M
Interim pre-tax profits (30/10/2016) – £7.43M
However the ratio isn’t great – potentially over priced
What is the net debt?
Should not exceed 3x full year pre-tax profits
Total Equity in business (01/05/2016) – £182.83M
Big spread?
Anything more than 5% = bad
2.7%
Price rising?
Yes
Profits rising?
Full year, preliminary, interim results
Yes
Dividends rising?
01/11/2015 – 6.3p
30/10/2016 – 7.4p
Yes
Is the outlook positive?
Full year, preliminary, interim results
Yes
Anything negative happening?
Nothing from google searches
Are markets improving or getting worse?
Improving
What sector is it part of – any concerns in the press?
Wholesale and retail supply of beers, wines, spirits, tobacco, grocery and confectionery
Next statement due on?
imminent
Company website good?
Yes
Any recent director share dealings?
No