Beyond International Limited (ASX:BYI) FY13 Results

Today the company reported FY13 NPAT and EPS 9.6% above FY12's results. This is slightly below the low range of the guidance given earlier this year of a 10-15% increase. As such, a few investors headed for the door which saw a large 9.44% drop in share price by day's end. The slight miss in forecast can be entirely attributed to the continued sluggishness of the digital media division BeyondD. Not only did it not...

Colorpak Limited (ASX:CKL) FY13 results

Not too much as happened since we spoke last about Colorpak. The FY13 results came out last week and with a strong finish to the year, it came slightly ahead of what I was expecting. FY13 ($000) FY12 ($000) Change Revenue 171,676 191,661 -10.4% EBITDA 18,206 16,735 8.8% EBITDA % 10.6% 8.7% NPBT 10,743 9,252 16.1% NPAT 7,494 7,660 -2.2% EPS (cps) 9.19 9.39 -2.1% Revenues were down due to the cut of some unprofitable...

Dodging bullets

From a post made on 20th February 2013 Ecosave (ASX:ECV) – $1.39 Lumpy. From an outsider it looks as though there is a possibility of missing the bullish prospectus forecasts. Have since decided to watch from the sidelines. Looks like I wasn't too far off with Ecosave (ASX:ECV) making an announcement today after market close. In the Company’s Initial Public Offering prospectus, Ecosave gave a FY2013 forecast of net profit after tax from operations of...

Colour me successful integration?

Colorpak Limited (ASX: CKL) is an Australian company offering product packaging solutions - folding cartons, paper cups and lids, printed leaflets, printed blister and lidding foils, printed self-adhesive labels, sachets and point-of-sale displays. In March 2011, the $50-odd million market cap company spent $5m to acquire Carter Holt Harvey's folding carton business. The acquisition would more than double Colorpak's revenue (to ~$210m pa) and to place the company on an equal footing with Amcor (ASX:AMC)...

Failure to disclose

Cash Converter's (ASX:CCV) share price has received a battering over the past couple of weeks. It was only after a reverse speeding ticket from the ASX did they come clean. Due to the  new Consumer Credit Legislation Amendment (Enhancements) Bill 2012 which commenced 1st March, applying for cash advances have gotten more complicated process wise for both consumers and staff. As a result, cash advances are down 2.4%, 26.3%, 12.6% over the past three month...

Credit Corp Group (ASX:CCP) May 2013 Update

Thursday saw another positive update from Credit Corp Group (ASX:CCP), pushing revised targets to the upper end of the previous guidance in from December. Now December 2012 PDL acquisitions $125-130m $105-$125m Earnings underlying $28-29m (61-63cps) $27-29m (59-63cps) Earnings Reported $30-31m (65-67cps) $29-31m (63-67cps) One thing to keep an eye on is the progress of the startup business in the US. After a slow start, it's starting to gain traction with recent purchases in line with...

Beyond International Limited (ASX:BYI)

Beyond International is into TV program production, TV/film distribution (mostly in-house productions), home entertainment (i.e. DVDs)  and digital marketing. The home entertainment division is shrinking, both in revenue and staff. Digital marketing is only break-even at this point and in a midst of a restructuring that could take some time. The core of Beyond is making TV programs and distributing them for both local and international markets. Some of the better known productions include MythBusters,...

Half Yearly FY13 one liners

Half yearly reports are rolling out and I'm having a read like everyone else. There's not much for me to elaborate on, apart from some quick one liners on a few companies I took notice... Cash Converters (ASX:CCV) - $1.30 Booming. Great result across the board and putting raised funds to new store acquisitions - which will offset dilution and then some. A quality company that is still displaying value. Credit Corp Group (ASX:CCP) -...

Empired Ltd (ASX:EPD)

The IT consulting landscape in Australia is changing. It's probably a combination of an in-sourcing trend, cuts in government spending, a reduction of non-core customisations/development work (eg. intranets) and a shift to cloud services. Consulting firms that have been previous star performers, such as DWS (ASX:DWS), Oakton (ASX:OKN), SMS (ASX:SMX) and ASG Group (ASX:ASZ) have seen growth stall. But with change comes opportunities, and one company that is doing well in this challenging environment is...

Ecosave Holdings (ASX:ECV) IPO

According to the Australian Bureau of Statistics, energy costs for manufacturing and households have increased by 61% and 72% respectively since 2007, outstripping inflation by nearly 5 fold. This is mainly due to an increase in network costs and to a lesser extent the carbon tax. With the escalating costs of energy, businesses are putting increased emphasis on energy costs. Companies that assist in this area such as Energy Action (ASX:EAX) has benefited with its...