Recent content by Walbrock Research

Lok n Store Group Share price: £3.75 (up 3.4%); Market Cap.: £109m. Preliminary results This self-storage company saw revenue increased by 3.7% to £16.65m, as LFL is up by 5.6%. Profit after tax rose to £3.17m, up from £2.46m last year, an increase of 28.8%. Looking at it in detail, we see...

Ideagen mystery cash flow generation explained Don’t know much about technology, but net cash generation coming from depreciation and amortisation. Another interesting observation is since 2013 net cash earnings totalled £18.4m, but capital expenses came to £46.8m. This produces a deficit...

Capita declining share price didn’t happen because of problems in the past few years, but occur much earlier (you are talking about the time during the financial crisis). By using secondary metrics like Sales per employee, you would have noticed that productivity per staff has stalled and was...

Is Interserve the new Carillion? Since I cover this stock and given the demise of their share price people want to know if the stock is super undervalued. The update clearly states the company is struggling with disposing of their waste assets and it is likely to cost significantly over £160m...

Greene King, a dividend investment Greene King, the 218-year-old pub operator from the UK has seen their share price fell by 40%. The stock is currently yielding over 5% and has always been a consistent dividend payer. Here are some good reasons why I think Greene King is a safe business for...

A look at Premier Oil Premier Oil is at peak or near all-time highs valuation, depending on your perspective. If you look at equity alone, then PMO shares at down 90% from 2011 peak. When you include debt and equity together, minus cash, then PMO is at all-time highs! http://bit.do/dGQrC

Explaining Carillion PLC £845M impairments To explain why Carillion had to make £845m provisional impairment charge, you must follow 5 sequential FACTORS leading up to this conclusion: - 1. Since last major acquisition in 2011, Carillion EPS fell from 37.2 pence in 2012 to 28.9 pence in 2016...

As Inflation returns, will we see a recovery in the share price of Sainsbury, Morriso After three years in the doldrums that has even caught Warren Buffett out (his Tesco’s stake cost him a lot of money). Is this the time to consider investing in Sainsbury’s, Morrisons and Tesco? Or, will we...

9 Red Flags of RM2 International that Investors Should Question Reposted here on TLF with permission of the original copyright holder. When you got an experienced management team, as well as independent directors such as Paul Walsh from Diageo and Lord Rose (formerly Stuart Rose from M&S)...

5 Reasons why Investors are shunning Norcros PLC Shares The post is originally from walbrockresearch.com/home and I have full authority to re-post as I am the author. All images links are charts I've created and helps to interpret the text. Norcros, the owner of Triton, Croydex and Johnson...

Didn’t expect Molins to pull off this disposal, but what did we expect when the shares have been undervalued for so long! The last time I posted, I said the company needed to invest in their ageing assets. Now, they won’t need to invest as much. Instead, they have a lot more cash at hand...

The Good, The Bad and The Ugly of WH Smiths The post is originally from walbrockresearch.com/home and I have full authority to re-post as I am the author. All images links are charts I've created and helps to interpret the text. Sometimes if you want to pick the right stock for your...

What you need to know about PayPoint ahead of tomorrow results PayPoint PLC results coming out tomorrow and here are a few things I have learned from the company: - 1. Apart from last year, PayPoint has made ROCE of 40% plus in the last decade; 2. It consistently generates more cash profits...

Kainos Group a software firm you can trust? Kainos Group has been listed on the market for two years at £1.35 per share. Now trading around £2.60 per share. The listing has made 9 millionaires for the owners and senior managers. Looking towards their next report (end of May), they haven't...

1Spatial, a business for employees 1Spatial is a phoenix rising from the ashes with its extraordinary sales growth. But the problem is it never made a penny in profit for shareholders. One obvious reason with most “techies” is the cost of hiring to find talent proves expensive. Although I...