CHW CHIME COMMUNICATIONS




New Broker BUY out. ............

Chime Communications FTSE SMALLCAP Consumer, Non-cyclical Buy 280 229.25 22.1% Numis Securities Ltd

SP Target 280p Increase 22.1%.

Think thats a bit conservative these were
changing hands for 300p last summer.

Way too cheap at the moment.

Recent feature from Money Observer...

Shares To Buy Hold And Sell In March...


BUY
CHIME COMMUNICATIONS

Chime Communications, the international public relations group better known as Bell Pottinger, has an impressive track record. Profits have grown steadily through difficult times from £11 million in 2006 to £21 million in 2010.

For 2011 the expectation is that the group will achieve a pre-tax return of £31.3 million and that returns will rise steadily over the next two years.

Dividends – a mere 0.58p a share in 2006 – are forecast to reach 8.09p for 2013. That implies a yield of 4.5%, which, coupled with the forward earnings multiple of only 6.4, suggests the shares are undervalued. They were just 50p at the bottom of the last bear market, touched 300p last summer and now change hands at 171p. (now 230.5p)

http://www.moneywise.co.uk/investing/stocks-and-shares/stocks-to-watch-march-0

CHW CHIME COMMUNICATIONS

Latest Broker figures for CHW
from Digital look......

Date Broker name New Price Old price target New price target

17-Nov-11 Peel Hunt Limited Buy 194.50p 290.00p 270.00p
26-Apr-11 Numis Securities Buy 258.00p 344.00p

So we have a SP target of 270p and 344p.

Broker Forecasts Digital Look premium.


Chime Communications PLC


FORECASTS WIRES 2011 2012

Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Peel Hunt
05-03-12 BUY 31.61 27.21 6.84 32.87 27.73 7.52
Numis Securities Ltd
01-03-12 BUY 31.00 26.20 7.00 32.00 26.70 8.00
Charles Stanley Securities
22-02-12 ADD 31.10 24.93 6.05 33.90 26.77 6.29
Investec Securities
07-12-11 BUY 31.40 27.15 6.50 33.10 27.59 6.83
Canaccord Genuity Ltd
09-11-11 BUY 31.10 26.08 6.52 32.30 27.08 6.77
Fyshe Horton Finney Ltd
31-01-11 BUY

Preliminary Results.

FINANCIAL HIGHLIGHTS

· Reported profit before tax up 16% to £24.7 million (2010: £21.2 million)
· Reported operating income up 10% (2010: 21%)
· Reported operating profit up 15% to £25.5 million (2010: £22.1 million)
· Operating profit margin3up to 19.5% (2010: 18.3%)
· Earnings per share from continuing operations1 and 3 up 9% to 26.56p (2010: 24.38p)
· Net cash as at 31 December 2011 of £3.3 million (2010: £6.9 million)
· Total dividend of 6.58p per share (2010: 6.05p), an increase of 9%

OPERATIONAL HIGHLIGHTS

• Strong performance from Sports Marketing and Advertising
• Successful realignment of business mix following the end of main American Government contract
• Satisfactory performance of Public Relations Division which now includes a strong healthcare business
• Continued investment and expansion in Sports Marketing
• VCCP named Marketing magazine's "Agency of the Year"
• Fast Track named Marketing magazine's "Sponsorship Agency of the Year"
• Insight and Engagement Division continuing to recover
• Developed digital and social capability organically and through start-ups
• Further international expansion - total of 27 overseas offices in 2011

POST YEAR END HIGHLIGHTS

· First quarter trading so far in line with management expectations
· Discussions continue for the sale of certain parts of the Public Relations Division to relevant management
· Earnings enhancing acquisitions of:
- McKenzie Clark - a sports based graphic and digital design business
- iLUKA - management and activation of major sports based events
- Rough Hill (60%) - youth marketing
- StratAgile (40%) -data analytics based in Singapore
- Succinct (announced on 1st February 2012)

Note: 1. Reported fully diluted earnings per share was 19.8p (2010: 18.4p)
2. Like for Like comparisons are calculated by taking current year actual results (which include acquisitions from the relevant date of completion) compared with prior year actual results, adjusted to include the results of acquisitions for the commensurate period in the prior year.
3. Before taking account of amortisation of acquired intangible assets and impairment of goodwill (£3.3 million, 2010: £3.0 million) and costs relating to acquisitions and restructuring (£3.0 million, 2010: £2.2 million). In the Income Statement this is referred to as Headline Operating Profit.

Results out and CHW BEAT forecasts of 31.2m
with 31.9m operating profit.

excelent results.

CHW CHIME COMMUNICATIONS

New upleg on the chart aswel....

1st Broker upgrade out after announcement
this morning.

More to come Im sure......

Chime Communications FTSE SMALLCAP Consumer, Non-cyclical Buy 238 224.25 6.1% Investec

SP Target 238p BUY.

This is one of GF's that i quite like ,the results were on 25th so old news in a way but may be worth a punt .
----------
Chime Communications operating profits up

StockMarketWire.com

Chime Communications posts headline pre-tax profits of £30.1m for the year to the end of December - up from £25.2m last time.

Headline operating income rose to £198.9m - up from £168.0m - and operating profits increased to £32.2m from £26.0m.

The international communications and sports marketing group - which is now structured into four operating divisions: Sport and Entertainment, Advertising and Marketing Services, Healthcare Communications and Insight and Engagemen - saw strong growth in income and profits in all four divisions.

Chief executive Christopher Satterthwaitesaid: "2014 was a year of good growth and saw the development of CSM as a global player in the sport and entertainment marketing businesses. Our communications businesses continue to grow and with the proportion of shared clients also increasing, we are sharpening our competitiveness as an international communications and sports marketing group."



At 8:01am: (LON:CHW) Chime Communications PLC share price was +6.5p at 266.25p

horribly thin trading volumes but in know GF still likes this one a lot, not that that is any recommendation in itself :-)

Good results though and despite thin trading volumes it could still do well ,i'll have a closer look ,maybe worth a buy if we have a market wobble ,which i can see happening..