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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Specialist Engy | SEGR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
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|---|---|---|---|---|
| 0.00 | 0.00% | 23.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 23.50 |
| Top Posts |
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Posted at 28/12/2010 15:03 by iomhere SAGEMThere's nothing in the article that any serious investor in the stock wouldn't already know and in any case the magazine came out before Christmas - 17th Dec. |
Posted at 28/12/2010 14:29 by sagem This company has been heavily tipped in this weeks investors chronicle in fact it was a full page write up..... We should get a good share price increase when the marker opens at 8 am tomorrow. Not able to cut and paste....can somebody who has the mag do it |
Posted at 22/12/2010 11:12 by sagem For those investors that dont know that a company called Renold epic RNO is also totally undervalued and has been tipped to rise dramatically....chec |
Posted at 07/12/2010 19:04 by sagem The secret is out Elektron EKT is another growth story and its only just started to happen, directors have been buying and they realise that their company is totally undervalued just like Renolds RNO and Specialist Energy SEGRElektron tipped by Investors Chronicle and Specialist Energy tipped in this weeks Money week......although I think Renolds has yet to double in price to put the company where it should be and possibly the other companies mentioned. 2011 is the year of the small companies offering huge potential in an economy now beginning to bounce |
Posted at 03/12/2010 19:02 by sagem I am sure that tbhis companies share price is totally undervaled and due a re rating upwards.................... Hayward Tyler parent raises cash to fund global expansion Written by News Desk Friday, 03 December 2010 02:43 News - Engineering ShareThisSpecialist Energy Group plc, the engineering group that owns Luton-based Hayward Tyler, has raised around £5 million through a placing. The funds will provide working capital principally to support the group's exports to India, the expansion of its US nuclear operation and to provide greater flexibility to fund new orders. As at October 31, the company's order intake for the year to date stood at £26.3m with a confirmed order book of £25.3m. SEG's wholly owned subsidiary, Hayward Tyler, is a leading designer and manufacturer of mission critical components to the power generation and offshore oil and gas sectors. Earlier this month, SEG announced that Hayward Tyler had won new orders worth almost £3m in India and China through Bharat Heavy Electricals Ltd and Shanghai Boiler Works Ltd. The company has also identified a potential new site for its North American nuclear focused operations to create a 'nuclear stamped' facility which has the potential to almost double Hayward Tyler's current footprint. SEG's directors Ewan Lloyd-Baker, Ronald Emerson and Nicholas Flanagan participated in the placing. John May, non executive chairman of SEG, said: "We are delighted by the strong interest that has been shown by new and existing institutional investors in the placing. "Not only does it allow the group to continue expanding but it clearly strengthens our balance sheet and should facilitate the move to more flexible banking arrangements." |
Posted at 03/12/2010 14:21 by sagem Their all talking about this company in the City as wellCity analysts believe that Specialist Energy Group (LON:SEGR) shares are significantly undervalued and the company is set for above-average growth. A number of analysts published research on SEG after it announced a new £5 million fundraising this morning. Both finnCap and Northland Capital gave upbeat views on the AIM-listed engineering firm. SEG is issuing up to 10.4 million new shares to new and existing investors at 48 pence each. The cash will support SEG's growing exports business to India, as well as funding the expansion of its US operation and allowing greater flexibility to fund new orders. "We are delighted by the strong interest that has been shown by new and existing institutional investors in the placing," chairman John May said. "Not only does it allow the group to continue expanding but it clearly strengthens our balance sheet and should facilitate the move to more flexible banking arrangements." In a note to clients finnCap analyst David Buxton said SEG is an undervalued play in late-cycle, traditional and nuclear power generation. The analyst highlighted that the group has strong overseas sales prospects, particularly in India and China, and its gross margins are gradually improving. "The valuation stands at a significant discount to most other providers of power generation equipment and subsea motors," Buxton said. Buxton believes that SEG's primary business - the Hayward Tyler subsidiary is set to benefit from opportunities in both emerging and mature markets. In China and India the group can benefit as the nations build new nuclear power stations while ageing western thermal and nuclear power stations are in need to be replaced or overhauled. "We see considerable opportunities in the energy sectors for the Hayward Tyler subsidiary over the next few years," Buxton said. He adds: "The shares responded to decent interims and the 10% Indian stake (McNally Bharat Engineering is a large shareholder), but continue to trade at a significant discount to the peer group." Northland Capital - formerly Astaire Securities - analyst Simon Miller emphasised that the new funds would help support SEG's efforts to expand the business. The analyst noted that a potential new site for its North American nuclear-focused operations has now been identified, and once complete and 'stamped' it could almost double Hayward Tyler's current footprint. "The expansion of the nuclear focused business is also timely," Miller said, "as a greater reliance on nuclear power is increasingly seen as part of the solution to both energy security and climate change." He adds: "The company has been steadily improving revenues and margins through the course of the year." Specialist Energy was formed in January 2010 when Southbank UK reversed into AIM-listed shell Nviro Cleantech, however its principle asset, the wholly-owned Hayward Tyler business has been around for much longer. Hayward Tyler's heritage spans way back to 1815. In its early existence it manufactured plumbing equipment before it began to specialise in submersible motors and pumps before the first world war. It designs and manufactures mission critical components to the power generation and offshore oil and gas sectors. Early this month SEG announced that Hayward Tyler had won new orders worth almost £3 million in India and China through Bharat Heavy Electricals Ltd and Shanghai Boiler Works Ltd. |
Posted at 22/9/2010 10:00 by aim_trader A real company with real growth prospects IMO. DYOR."Ewan Lloyd-Baker of Specialist Energy Group talks about his company's dramatic rise in earnings Wednesday, September 22, 2010 Ewan Lloyd-Baker, CEO of Specialist Energy Group, tells Proactive Investors how improved margins helped his company achieve a significant rise in earnings. He also explains why SEG's new Indian investor could prove to be a strategic partner and why he believes the company remains undervalued." |
Posted at 16/9/2010 11:46 by votich Interesting RNS, appears they have stated their intention to make acquisitions in Europe. Must be Vertus Technology as good as all Nviro investors were led to believe - lol!Good control of the market to acquire 5% without the price rising significantly as a pretty illiquid stock. Could be interesting as sure institutions will be looking for a premium on their placing cost (72p I recall?) Anyone have first hand knowledge of MBE? Engineering turnkey project execution company McNally Bharat Engineering Company Limited today said it is eyeing acquisitions in Europe for which it had a dialogue with a few firms. "We are looking at Europe for buyouts," Chairman of McNally Bharat Deepak Khaitan said |
Posted at 24/8/2010 13:26 by jbrss So another £2.5 million to the order book and the share price goes up by a penny?? Does anyone have the feeling that at some point in the near future this will rocket up 2 or 3 fold when investors realise the potential? |
Posted at 30/7/2010 10:02 by jxman Specialist Energy Group Lays Out a Compelling Blueprint for GrowthThursday, July 29, 2010 by Ian Lyall SEG has more than 60% of the installed market for BCPs in power stations globally The trading statement from Specialist Energy Group (LON:SEGR) earlier this month marked something of a watershed for the firm, which has endured a difficult start to life as a stock market listed company. It was boss Ewan Lloyd-Baker's first opportunity to talk about the future of the business and its progress so far this year as a now-profitable specialist engineering company. SEG is the listed parent of Hayward Tyler, the maker of boiler circulating pumps (BCPs) and one of Britain's oldest engineers. Proactiveinvestors recommends Prosperity Minerals moves into real estate sector in China Access Pharmaceuticals' MuGard used to treat 2,000 cancer patients since launch in EuropeAfrican Diamonds and Lundin backed Lucara to push AK6 ahead after De Beers exitsIt is also a very rare commodity an export success story. It has more than 60 per cent of the installed market for BCPs, which are fitted in power stations all over the world and are used to drive water around boiler plants. Not that any of this is reflected in the share price, which has fallen 28p, or more than 40 per cent to 40p since SEG listed on AIM in January. It has been a difficult transition to the public market, complicated slightly by the fact that Lloyd-Baker decided to reverse his company Southbank into a listed shell Nviro Cleantech rather than going for a straight float. Perversely this was a catalyst for some sustained selling activity. The original Nviro investors beat a path to the exit - and so did some of the backers of Lloyd-Baker's Southbank, who financed the 2006 acquisition of Hayward Tyler from venture capitalist 3i. Add to that some fairly dour results announcements, which brought the accounts of Nviro and Southbank into line, and you can see why some followers of Specialist Energy Group might have found it a bit of a turn-off. But the July 8 trading statement showed that management has dealt with the legacy issues of the listing and more importantly that HT is on course to meet profit forecasts outlined at the time of listing. It is set to post EBITDA of £4.4 million, a target that is likely to be confirmed when SEG delivers its interim figures in mid-September. It also offers solid proof that the turnaround programme initiated three years ago when Lloyd-Baker brought in a totally new management team is gaining traction. HT is building on the market niche carved out in the power generation markets and finding alternative uses for the company's wet wound motors, which could have applications in the oil and renewable energy industries. They are already being used by the North American nuclear sector. However the firm's near-term prospects are still dominated by the power market and the fundamentals here are strong despite the move to greener methods of generation. That's because the exponential growth of China and India and their voracious hunger for electricity far outweighs the slow demise of traditional power stations here in the West. Of course none of this potential is captured in the current share price, which values SEG at around five times predicted earnings. That is less than half the sector average and well behind some firms in similar niche positions. Lloyd-Baker is hoping the discount will unwind a little once investors become more familiar with the SEG story and the outlook for Hayward Tyler. However the growth of HT is just one part of the story. Lloyd-Baker sees the BCP business as just one leg of a group that at some point could turn over between £200 and £300 million a year. "My background is corporate turnaround and corporate finance," the SEG chief executive told Proactiveinvestors. "What I have done is get in place a good management team that punches above its weight and is capable of not only improving the underlying performance of the business, but continuing on that journey and taking HT forward." Having got this far with the Hayward Tyler business and having raised £4 million at the time of the reverse takeover from institutions such as F&C, Henderson and the British Airways pension fund, it is debatable whether SEG will use the equity markets to fund its ambitions given the current weakness of the share prices. Lloyd-Baker points says: "This is not just about the Hayward Tyler business, but the bigger picture, Our longer term story is to build a group which is focused 50 per cent on power generation and 50 per cent oil and gas and emulate the success of some our bigger rivals. Only time will tell whether Lloyd-Baker is able to emulate engineering success stories such as Halma, Weir and Melrose which are now fixtures in the FTSE 250, but having improved the Hayward Tyler business the early signs are encouraging. |
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