Andrews Sykes Share Discussion Threads

[ignoble] 06/3/2014 20:16

Just one of those days , I guess.

[battlebus2] 06/3/2014 18:57

Any reason for todays fall anyone??

[ignoble] 25/2/2014 17:02

Thank goodness ...Do remember the joys of a liver and egg sandwich which I believe is of East End origin ...used to love the old East End Pubs along the River...guess most have gone or been redeveloped.
An early evening Sunday night Pub Crawl through the old streets ...London at it's best ...so much history

[ignoble] 25/2/2014 16:44

No offence Keith and I hope none taken ...it was a tale related to me years ago from a Lifelong Charlton Supporter.

[keithfox] 25/2/2014 15:14

Just be a little bit careful going down that route...I used to live just arounnd the corner from Charlton!

[ignoble] 18/2/2014 17:40

My thoughts exactly ...

LOL

[keithfox] 18/2/2014 16:39

The reason being that the bit of Pacific Ocean between latitude 34 and 35 degrees south and longitude 140 degrees is 0.05 degrees Fahrenheit warmer than it's been on average over the last 37yrs and 2 months, give or take a thermomillilitre. Or something like that. To the nearest nerk.

[ignoble] 18/2/2014 16:06

One of yesterday's newspapers (Daily Mail I think )was speculating that this summer will be the hottest on record !
Interesting thought

[cockerhoop] 18/2/2014 13:35

Using Google Chrome the header automatically gives me the option to translate from Dutch to English. This appears to translate the whole site including the blog.

[keithfox] 18/2/2014 13:29

I don't suppose there is any way you can get an English version of the blog reports on the Dutch website?

[quepassa] 14/2/2014 12:31

The share has been hitting new highs in recent days. Graph looks very strong.

The attached link to ASY's website is very interesting.

It gives a good overview of the history of Andrews Sykes and a clear idea of its recent international expansion.

The last sentence at the very bottom this link is important reading:-




click on the TAB titled HERITAGE


ALL IMO. DYOR.
QP

[keithfox] 14/2/2014 08:07

Good point spooky, not a lot of use for pumps up in Scotland at the moment. Also, they are international and do move equipment to and from Europe if necessary.

[spooky] 14/2/2014 07:41

Sykes are national company so they move product to the affected area, many competitors are smaller local companies.

[ignoble] 13/2/2014 20:01

Fair comment ...maybe it is too soon to start the drying procedures and water levels need to drop before all the repairs can begin.
I'm guessing that it is too early for Insurance Company's to authorise the works to begin and the drying procedures started.

Such a terrible disaster for many.

[horndean eagle] 13/2/2014 19:13

Bit disappointing to hear Sykes still have plenty of capacity on hand. Would have thought they would shifted the lot by now. Still getting things dried up takes an age so I doubt that will stay the case for too much longer.

[ignoble] 13/2/2014 17:09

Couple of days of decent volume and the seller (s) stock seems to be absorbed with little problem.
Once the seller is cleared, hopefully there is more upside ahead of the figures and statement in April/May.

All my best guess and no advice intended etc.

More Lows approaching for next week according to Sky Weather Forecast ...terrible for homeowners who are involved , I just can't imagine how it must feel.

[ignoble] 13/2/2014 17:03

ROFL...not me Dear Sir ...
Haven't sold a share ...

[keithfox] 13/2/2014 16:51

Ignoble, I see you got rid of your entire holding this afternoon!

[quepassa] 13/2/2014 11:42

Yes, a steady dividend policy is increasingly important to the market nowadays, especially for larger cap AIM stocks which are attracting increasing interest as they are now allowed in to ISA'a and also as Stamp Duty is to be abolished on them later this year.

Many of the more mature AIM companies which have put in place reliable progressive dividend policies have seen their share prices rise a great deal.

I have been involved in some excellent AIM companies in good sectors recently where there is 1. a major shareholder and 2. a reliable increasing dividend policy and the shares have been much favoured by the market.

However, some additional liquidity in the stock would further assist prospects.

For a nationwide market-leading rental business in the weather-related sector ( for want of a better description), Andrews Sykes is not without its attractions on a number of fronts.

ALL IMO. DYOR.
QP

[keithfox] 13/2/2014 10:55

Sorry QP, I understand what you mean. As far as the major shareholders are concerned, there's only one; the boss. I think the small amounts of the buys is because of the normal market size. I've been quoted 10p, someimes 20p above market price for larger amounts at times in the past. The dividend policy is much more reliable nowadays. Pre 2010 iot was very erratic.
If you are fairly new to the stock you probably don't know about the mega divi 6 or 7 yrs back. The boss wanted cash for his luxury hotels business so he took £20m out of this company and £20m out of London Security. ASY didn't have the money at the time so they borrowed it in order to make the payout! It was about 30p when the share price was nearer 100p.
What interests me is the steadily increasing net funds which should be £30 to £35m by the end of this year. They've never been in this position before...well they were in 1997 and blew £50m on a dog of a takeover which took 6 years to recover from. They will be much more careful now.