67 days ago
In today’s podcast I look at why charting is folly, musicMagpie (MMAG), Tintra (TNT), Empresaria (EMR) and numerous lessons we can all learn and Lift Global Ventures (LFT) run by brown envelope man Zak Mir and why its results are so utterly misleading.
3259 days ago
Empresaria (EMR) has updated that it “has made a good start to the year, delivering like for like growth against this period in 2014” and that it “remains on course to meet market expectations for the full year.”
3338 days ago
International specialist staffing group, Empresaria (EMR) has announced results for the 2014 calendar year and that “we see exciting opportunities for growth across our network, particularly from the investments made in 2014, and look forward to the year ahead with confidence”. We are heading for 100% up on this share tip but there’s more to come.
The results show an adjusted pre-tax profit of £6.1 million on net fee income 5% higher than in 2013, at £44.6 million (+11% in constant currency, revenue +2% in constant currency), generating earnings per share of 8.3p, up from 6.5p. With net debt reducing by £5.4 million to £9.8 million, a doubled dividend of 0.70p per share is proposed to be paid on 12th June to shareholders on the register on 22nd May.
The overall performance
3383 days ago
International specialist staffing group, Empresaria (EMR) has updated investors that calendar 2014 “profitability will be slightly ahead of market expectations” and that “we see exciting growth opportunities ahead and are confident in our ability to continue to deliver profitable growth”.
3522 days ago
International specialist staffing group, Empresaria (EMR) has announced results for the first half of the 2014 calendar year and that “based on performance to date, we are confident that earnings for the full year will be in line with market expectations and look forward to delivering further growth”. This has been a great share tip from me but what now?
3627 days ago
International specialist staffing group, Empresaria (EMR) has updated at its AGM that it “has made a promising start to the year” and “remains on course to meet market expectations for the full year”. Jolly good. We are now 58% ahead on an offer to bid basis on this share tip but there is more to come.
The company reports “particularly good trading” in its two largest territories, the UK and Germany, and that investments made this year, in Dubai, Mexico City, Kuala Lumpur and Hong Kong “are progressing well”. It adds that “we continue to look for opportunities for both organic and external investments”.
The announcement has helped the shares nudge higher currently to 45p-47p – this comparing to a 28.5p offer price at which they were added to the Nifty Fifty Penny Share portfolio in January 2013 – 58% up in 16 months is no disgrace.
However,
3700 days ago
International specialist staffing group now operating in 19 countries, Empresaria (EMR) is a share tip that sees us 77% ahead on an offer to bid basis. But there is more to come.
The company yesterday announced an adjusted pre-tax profit of £5.4 million and 24% increase in adjusted earnings per share, to 6.2p, for 2013. The company added that “market conditions are improving in the UK and Continental Europe and whilst the Rest of the World is more challenging than in recent years, we continue to see good growth opportunities”.
4211 days ago
I timed my original (June 2007) recommendation of shares in international recruitment group Empresaria (LSE:EMR) badly. This tip, at 169p has been an unmitigated failure and for that I apologise. The macro economic backdrop has not helped but there have also been clear company specific issues. The shares have recovered somewhat from late 2011 lows of 17.5p to currently trade at 23p – capitalising the company at £10.25 million. Last month the company announced results for the first six months of calender2012. Is it time to call it a day? I think not and here is why.
