Tonights AIM offering POLR, broken out but needs the usual confirmation, in my case either a 6% rise from close tonight or another 24/48 hours confirmation of breakout* unless volume is massive from off tomorrow and it looks like it is racing away.
* to steer clear of MMs taking out stops and negating the breakout.
Other traders/investors will have their own method.
Polar Capital Holdings PLC
FORECASTS
2014 2015
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Cantor Fitzgerald Europe
03-01-14 BUY
Peel Hunt LLP
03-01-14 BUY 30.10 24.55 22.00 41.68 34.01 32.00
Panmure Gordon
03-01-14 HOLD 28.00 24.00 34.00 28.00
Numis Securities Ltd
16-12-13 HOLD 30.10 25.20 21.00 39.20 32.40 27.00
Canaccord Genuity Ltd
13-12-13 BUY 29.30 26.00 22.00 41.60 37.00 27.00
2014 2015
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Consensus 30.10 25.59 22.00 41.64 34.00 27.34
1 Month Change 0.00 -0.96 -0.17 0.00 -0.86 -1.90
3 Month Change 3.74 2.32 2.00 3.28 2.96 3.34
GROWTH
2013 (A) 2014 (E) 2015 (E)
Norm. EPS 57.45% 93.06% 32.88%
DPS 26.67% 131.58% 24.29%
INVESTMENT RATIOS
2013 (A) 2014 (E) 2015 (E)
EBITDA £16.05m £29.81m £38.70m
EBIT £15.46m £27.80m £40.10m
Dividend Yield 1.90% 4.40% 5.47%
Dividend Cover 1.40x 1.16x 1.24x
PER 37.72x 19.54x 14.70x
PEG 0.66f 0.21f 0.45f
Net Asset Value PS 55.88p p p