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STBR Southern Br

0.35
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Southern Br LSE:STBR London Ordinary Share GB00B1GH1T75 ORD 0.5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.35 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.35 GBX

Southern Bear (STBR) Latest News

Real-Time news about Southern Br (London Stock Exchange): 0 recent articles

Southern Bear (STBR) Discussions and Chat

Southern Bear Forums and Chat

Date Time Title Posts
02/11/201008:08Southern Bear - Darn cheap imo !!583

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Southern Bear (STBR) Most Recent Trades

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Southern Bear (STBR) Top Chat Posts

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Posted at 17/8/2010 22:00 by stegrego
They will offer you more shares to buy at 0.1p so you could average down, but the number of shares is going to go through the roof, meaning your holding will be worth a fair bit less than it was.

Wouldnt like to put a number on it, but id expect it to be worth a lot less than 1500, certainly short / mid term.

Depends how the company does.

They are effectively issuing 3,600,000,000 new shares in current money.

Your 300,000 will become 7,500 shares in a 1:40 consolidation.

If each share is worth say 4p (the issue price) then your holding will be worth 300 quid......

Really depends on the markets etc.
Posted at 17/8/2010 18:49 by glasshalfull
Hope people heeded my 31st Dec 2009 post.....current price 78% lower.




Glasshalfull - 30 Dec'09 - 07:56 - 534 of 552 edit

Anyone researching or holding Southern Bear should tread with caution IMHO.

I recently had a holding in a little known company called Litcomp (LIN) which was taken over at a fraction of it's true worth.
Nigel Wray also held all the cards and a trawl through the following thread and RNS may assist investors.





Regards,
GHF
Posted at 17/8/2010 14:14 by argy2
No, but several disgruntled t1ps subscribers and Nigel Wray followers must be on the share register.
Posted at 09/8/2010 16:03 by abc125
Broker changed to seymour peirce, nigel wray happens to be a director there. Also, 2 non exes appointed so that when wray buys the company for a knock down price, a semblance of impartiality is given. In takeover situations, the 'independant' non exes are supposed to weigh the merits of the offer.......lol.
Posted at 09/7/2010 11:12 by bozzy_s
Whenever I see the name Nigel Wray, I see crashing share prices and angry shareholders. Seems to be a successful businessman for himself, at the expense of everyone else.
Posted at 22/2/2010 18:11 by vandyke2
This share hasn't moved much since Nigel Wray bought into it.
However Today he has upped his stake in APH
My money will go from this share into APH
Posted at 03/2/2010 17:58 by vandyke2
Mr Clough is a very unlucky man
Lets hope he gets lucky with this share
Posted at 24/12/2009 08:17 by spangle93
Originally posted by themoneymonster2 on the BAO thread


Southern Bear* (STBR) has announced that it has issued £2.68 million of 8% 2014 loan notes convertible at 1.5p per share and has as a result completed the acquisition of Intumescent Protective Coatings, first announced on 16th December. Four directors took £50,000 of the issue each and Nigel Wray* £1.75 million. As stated at the time, Southern Bear looks to have struck a pretty compelling deal for Intumescent and with the rating, at 1.875p, already looking conservative, my stance (despite the potential dilutive impact of the conversion of the loan notes), remains " long term buy".

You may ask why the SF Fund did not back this placing. The reason is that it was handled (very badly) by Astaire Securities which has a habit of failing to raise as much cash as it promises it can and doing so largely through bucket shops and by dumping stock on the market maker. Its after market support is minimal. As such why on earth would anyone sign up to buy shares in a placing by Astaire? We have a house policy ( after a bad experience elsewhere) that we will not touch any issue being bodged by this firm. I fear that as the bucket shops take their turn Southern Bear shares will tread water for a while so while I am sure that the long term case will come out I cannot see short term fireworks. I have made the point to Southern Bear that Astaire did a rubbish job on this placing and that anyone backing any Astaire placing is certifiable and urged the company to upgrade its broker. Who to - I care not. Anyone else is an upgrade. We hold our stock for the long term but will not buy any more until Astaire is fired and the risk of bucket shop/market maker placings at a big discount is reduced.
Posted at 25/9/2009 07:18 by spangle93
Phew, 10p by end of the day.

At what point do acquisitions cease to be material?



The Directors of Southern Bear are pleased to announce that CFC 0084 Limited, a
newly incorporated wholly owned subsidiary of Southern Bear, has purchased the
goodwill, stock, plant and work in progress from the Administrators of Ronald
Thompson Limited ("RTL"). RTL is engaged in the refurbishment and maintenance of
commercial properties including the provision of heating and plumbing services.
The consideration was GBP40,000 in cash
Posted at 14/8/2009 12:11 by spangle93
Friday's free bonus recommendation is from GE&CR and is on Southern Bear


Southern Bear* Buy
Full - Year Results Comment;
Reiterate Buy' at 2.5p - Target Price 3.8p

Southern Bear, the holding group focused on investments in the support services, industrial and engineering sectors of the UK and Europe, has today announced results for the year ended 31st March 2009. These show a 95% increase in operating profit before the amortisation of intangibles to £2.03 million and a 190% increase in pre-tax profit to £1.03 million on turnover up 116% to £18.84 million. Basic earnings per share increased from 0.12p to 0.17p as the company particularly benefitted from contributions from acquisitions Fenhams (seven months) and RJ Patterns & Mouldings (three months).

The cash flow statement showed £499,000 generated from operating activities though largely as a result of a £3.74 million outflow due to acquisitive activity, net debt increased from £2.51 million at 31st March 2008 to £3.70 million. At the period end, net current liabilities totalled £113,000 and net tangible liabilities were £5.72 million. In terms of the debt, underlying interest cover was improved from 3.5 times in the prior year to 5.6 times and the burden has been reduced further since the year end with £760,000 net of costs raised in April via a placing and unsecured convertible loan notes offering. The convertible loan issue showed the confidence the directors have in the company with seven of the eight partaking alongside the trustee company which controls significant shareholder Nigel Wray's* family trust.

Looking forward, Southern Bear reports that the various businesses it comprises are encouragingly placed. Based on the current level of business and order book, the support services division is expected to deliver "strong growth" in the current year and on the engineering & industrial side, each business sees positives – with Phoenix Dynamics, a supplier and contractor of electronics equipment and components to the electronics, defence and energy industries, particularly worthy of note as it has a record order book which is continuing to grow. Southern Bear reports that overall "management figures show that the first quarter's operations of the current financial year are fully in accordance with expectations".

This together with these results reflecting that the company's operating businesses are working in relatively robust market sectors, it being "quietly optimistic looking ahead" and set to benefit from a full 12 months' trading from the recently acquired businesses means we continue to believe an underlying pre-tax profit of £3.5 million is achievable in the current year. This should generate underlying earnings per share of 0.38p. In 2011, as the UK economy looks set for a gradual recovery, we would expect profit and earnings to increase at a double digit rate and this may be augmented by a resumption of the company's 'buy and build' strategy. As such, we regard a price earnings multiple of 10 as a far from demanding valuation metric – which suggests a target price of 3.8p. With the shares at 2.5p, the stance remains buy.
Southern Bear share price data is direct from the London Stock Exchange

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