|I did top slice some £SFE in the spring, and than bought some more just before the Brexit vote.
I did hold BOO but sold out too early, way too early as it happens as it has real momentum. I like BOO but in my opinion its now way overvalued, and on a Fwd PE of 50+, just can't get my head around that.
I bought into IGR a while back and that's been very kind and I've done well, and also hold ABDP which has also been great. Am kicking myself I didn't top up this week at around 420p.
I hold SOM which are performing well, and also XLM which is undervalued, but is Israeli based so never likely to gain a high rating.|
|imranawanYes still holding here and have not top sliced a single share!.Yeah know what you mean, I thought that about PMR!, ooops :(My watch list mainly comprises of those that will prosper from weak sterling and also some high growth, but highly rated, shares. BOO included, which I thought you were in but sold up recently?. BUR and SOM look interesting as well.Sorry for off topic.DD|
|Much like yourself DD haven't seen much value. I've remained pretty much invested, even post-Brexit.
Have my eyes on CMCX, MCS, and a few other. The problem is that co's on my w/list have all stumbled recently, and that's why their cheap. I've learnt through experience that the market is smarter than me, and more often not its also right. So whilst I may think a stocks decent value, its probably a value trap, and I'll lose money or won't make any.
I've recently bought some SGM recently which looked decent value based on fundamentals, and has been out of favour post-Brexit.
I hold NXT from higher-up and haven't sold out, as its a quality company, and I hope they can navigate around the current headwinds. The time to sell NXT was at the start of the year.
BTW do you still hold SFE.|
|imranawanKnow what you mean. Gone for house builders (PSN), PM's (FRES, GDP) and oilers (RDSB, ENQ). Also holding AHT and TPT. My cash & watch list is growing as can't see much value either, traded a few post Brexit (SPD, NXT, RTN), and still keeping my eye on SPD.You seen anything?Good luck if still in here.DD|
|Would agree with you Dave. Out of interest what other stocks are you looking at, or currently hold.
Am not seeing much value out there at the moment.|
|Despite the excellent interims and the CEO share purchases this seems to be struggling to break above 280.Probably will remain so until the house builders get some positive news, perhaps in the autumn statement. Trouble is that's 23rd Nov!.DD|
|i be very happy with that about forecast have to say company doing very well great dividend with a potential even more to come|
|I rate this a buy up to 302p, sell target 356p|
|What's everyone's target for SFE?|
|Thats more like it!|
|Zeus update via Research Tree:
"Safestyle has announced another set of strong results with revenue growth of 12.8% to £83.5m (HY15: £74.0m) and underlying PBT of £10.6m (HY15: £9.0m) a 17.8% YoY increase. Operationally the business has progressed on all fronts with growth in installed frames, number of installations and average unit price. The conservatory refurbishment business is gaining scale and is on track to achieve its annual target, the structural change towards on-line derived sales continues and the production facility extension is on plan. We leave profit forecasts unchanged in expectation of slightly slower revenue growth in H2, albeit still c. 9%, against tough comparatives and expectations of further cost pressures to come through, particularly in Q4. The FY dividend estimate increases 5.6% to mirror the 10.3% YoY uplift at the interims. Safestyle’s trades on a PER of 13.4x underpinned by structural growth and yields 4.3% with the potential for further special dividends."|
|Excellent numbers yet again.They are generating over £1m per month during H1, even deducting the div, special div and expansion capex they will still have plenty to pay another special divi at year end.Including reference to Brexit not having any impact seems to also help the share price these days!.DD|
|Interims tomorrow.......fingers crossed, although they do always deliver!.DD|
|Standard life a bit slow on the uptake!|
|Yes doing well am finally in the money with the dividend a month or two ago. Think to be fair we not know the affects of brevet for a wile and i don't think you can hold and forget about shares in this market.
If reached £3 not sure if I hold or sell this year but this is a good company strong b/s great cash flow etc|
|This very steady bounce certainly has legs. SFE is quickly becoming the savoir of my portfolio :) Very interesting few weeks reading RNS from many different companies regarding brexit. There really seems to be quite a detachment from 'leading economists' and what companies are reporting. Not least SFE. I note PDG a leading car dealer at the forefront of being effected by consumer confidence is saying Brexit is a non issue. Also NVA the specialist insurers state this morning that they will 'flourish regardless'. Many house builders reporting business as usual etc. Many mainstream media such as FT appear intent to talk us into a recession. These PMI figures are being flouted to death, but were they not worse in 2012? Of course I am not putting my head in the sand here, of course brexit means a world of unkowns, but it really does appear to be business as usual on many fronts.|
|Back to £2.80|
|I dot agree. I guess it depends on the level of recession ( which is more than likely ) . If had then Sfe will struggle to grow and profits would fall q heavily.the one thing don't buy when they're lacking confidence in the future is new Windows.|
|I am not one for charts and trends, but looking at the chart since Brexit this is recovering rapidly, quite a steady bounce back.
I think going forward many investors / institutions will be keen to pickup boring high quality stocks such as SFE. During times of uncertainty high quality, low debt, cash generative companies always prevail. And lets face it, we have about 2 years of uncertainly ahead.
No one know what the long term impact of Brexit will be, but going by initial indicators it certainly will not be the financial apocalypse that was being foretold, even those highly competent folk at the IMF admits this now....
I have absolutely no concerns regarding SFE's ability to continue to grow and gain market share regardless of macroeconomic factors. IMO this means that in a best case scenario for the UK we receive more 'exceeds expectations' RNS's. Worst case scenario for the UK that we dip into a technical recession, loose a point or two of GDP, and SFE continue to grow albeit at a slower rate, however that slower growth still justifies the current valuation. Basically, I think any negatives from Brexit will be offset by organic growth. The current balance sheet has this company well prepared for any eventuality.
At a time where interest rates are pitiful (and possibly getting worse) there is generally a premium to pay for a decent steady income, however with SFE that really doesn't appear to be the case! Steady capital growth, plus significant dividend yield at a low rating. It still amazes me that the share price has not breached 300p (yet with recent uncertainty I guess its understandable), hence my top up pre Brexit.
All IMO. Good luck to all of you, and hope everyone is clawing back any Brexit loses.|
|They went down to 207 from around 270(xdiv)i'm quite happy that I added!|
|i think they are struggling|
|It doesn't seem to be following the housebuilders, that's the strange thing. It did after the vote but now seems to be doing the opposite.DD|
|Should be mirroring the rise of the house builders - great buying opportunity here for those not in.|
|Tintin your probably right, hope so.This is a strange one, falls massively with house builders and today does the opposite. Guess the H1 update and this cash cow is starting to be noticed.DD|
|Hi Dave, indeed no short term impact of Brexit, but I virw this as most favourable as the unexpected ref result was the period of most uncertainty. Now that the waters are a bit clearer with political developments the risk should subside. Of course I may be understating Brexit hugely, but uncertainty is always with us. Much less uncertainty in SFE. I think the weak pound will keeps many holiday makers at home and potentially spend on domestic tourism / house repairs etc.|