p/w of 10 with sales rising 20% YOY and turns around 80% of profit straight to cash worth 10 in my opinion thats why I bought it @ 550p the steal of the century ....

now out of its 90 day average heading toward 700p withing the month as understand the overhang of float shares out of the way

Back in on the spreads @ 870.0 Interim Tuesday.

Stop to entry for risk free trade. If 870.0 goes profit taking may well kick in which case will be an opportunity to get back in lower. Hoping for a wee bit more upside before divi payout on 27th.

Out 876.0 (take that for now) + 6.0

Seymour Pierce downgrade from hold to reduce. TP 840.0. Guaranteed to rocket now then!

Ex divi wed 20th Jun.

StockMarketWire.com
Financial information company Experian said in the quarter to end-June total revenue from continuing activities increased by 14% at constant exchange rates and group organic revenue growth was 9% year-on-year.

By principal activity, organic revenue growth was 10% at Credit Services, 3% at Decision Analytics, 6% at Marketing Services, and 11% at Consumer Services.

Financial position

On 3rd July 2012, Experian issued $600m 2.375% notes due 2017, rated Baa1/A-. Other than as disclosed, there has been no change since 31st March 2012 to Experian's general financial position, which remains strong, and no material change to Experian's trading position to the date of this statement.

Experian will hold its AGM on 18th July 2012 and release its half-yearly financial report to 30th September 2012 on 8th November 2012.

Don Robert, CEO, said: "We're pleased to have delivered a strong performance in our first quarter, with total revenue growth of 14% and organic revenue growth of 9%, all at constant exchange rates.

"We continue to execute against our growth strategy, though looking ahead we are mindful of tougher conditions in some markets, notably in the Eurozone. For the first half, we expect high single-digit organic revenue growth and for EBIT to progress in line with revenues, on a constant currency basis. For the full year, we continue to expect performance to be consistent with our core financial objectives of mid to high single-digit organic revenue growth, to maintain or improve margin and achieve cash flow conversion of over 90%."

Nomura has reiterated its 'buy' rating and 1,035p target price for Experian after first-quarter results from the financial data company came in slightly ahead of forecasts.

The broker says that shares are trading at around 18 times current-year earnings. "We believe the premium valuation is justified by superior growth vs. the rest of the sector."

Good news http://www.moneyam.com/action/news/showArticle?id=4469371

Jefferies may view information services provider Experian as a 'core support services holding', but has been prompted to downgrade its rating on the stock from 'buy' to 'hold' on valuation grounds.

"In an uncertain world, with just 5% of group revenues from Eurozone economies, we continue to view Experian as a core support services holding: a clear global market leader, with a scalable business model, consistent cash flow returns & high barriers to entry offering 13.7% FY12-FY15F EPS CAGR [compound annual growth rate]," Jefferies said.

"However, post upgrades, Experian trades on FY13F PE [price-to-earnings ratio] of 20.2x & EV/EBITDA of 12.3x (within 6% of peak multiples); hence we moderate our stance from 'buy' to 'hold'."

EXPN, Another one I like.. No SD required, so better for trading.

Ex-divi wed 2nd Jan '13 (10.75 ¢)

"Seymour Pierce has upgraded its rating for information services company Experian from 'reduce' to 'add' on the back of increased hopes about the US mortgage market.

Experian's shares are now trading at "more attractive levels", having underperformed the wider market by 6% over the past month."

StockMarketWire.com
Experian, the global information services company, saw total and organic revenue growth of 7%, at constant exchange rates in the third quarter.

Chief executive Don Robert said: "We delivered widespread growth demonstrating the breadth of our portfolio and continued successful execution of our growth strategy, helping us to withstand ongoing pressures in the global economy.

"Looking ahead, for the full year we expect organic growth to be to high single-digit, with organic growth in the second half similar to our third quarter results.

"We also reiterate our full year expectations of modest margin improvement (at constant currency) and to convert at least 90% of EBIT into operating cash."

Harry - they are be increasing their monthly fee to £9.99, I for one, will be cancelling my membership.

I don't know what their monthly fee was. Maybe they think the increase will outweigh the number of account closures.

It was £5.99.

I see Jefferies International has upgraded them today TP £12.

Preliminary results well received, SP up nearly 6% at the mo
http://www.moneyam.com/action/news/showArticle?id=4591314

Credit checking giant Experian delivered full-year results in line with expectations as sales grew across all its global markets.

In the year to end-March, the company saw revenues from continuing activities rise 6.0% to $4.7bn, with earnings before interest and tax (EBIT) up 7.0% to $1.25bn.

However, analysts at Canaccord Genuity said the company’s stock is "expensive and increasingly risky", recommending a ‘sell’ rating and target price of 898p.

The broker also said group organic revenue growth has slowed, reflecting its performance in Latin America where revenue has fell by nine percentage points to 14% in the year. Brazil accounts for 90% of the result.

"The Brazilian business is 60% consumer facing and transaction based," Canaccord said.

Cazenove comment:
"Experian has issued its FY March 2013 results which seem to have a positive tone. EPS of 85.7 ($c) compared to us on 84.5 ($c), and company provided consensus of 84.7 ($c) (range of 81.9 ($c). to 87.1 ($c)). The organic revenue growth in Q4 seems to have been 8%, up from 7% in Q3 mainly due to Latin America. We had forecast 7% growth in Q4. Also, the EBIT margin rose 40bp to 26.6%, after the 10bp improvement in H1 implying the H2 margin rose by 70bp, again driven by Latin America. We had forecast a 26.4% margin. The other main news is the announcement of a $500m share buy back programme.
Recommendation; we have an Overweight on the shares as we believe that Experian has a number of good structural opportunities. The main drawback on the shares is that they are at an all-time high, trading on a CY 2014e PER of 17.6x. However, we think the better organic revenue, margin and buyback should send the shares higher.

L&G go above 3% on these.