|Sagentia Group Plc
||EPS - Basic
||Market Cap (m)
Sagentia Share Discussion Threads
Showing 751 to 774 of 775 messages
|Thats a novel concept!|
|I hope it reflects the company's prospects!|
|Hopefully the decision to buy at these levels reflects MRs valuation of the company.|
|a very odd share buy back. buying tiny clips at the offer price is walking the shares up. Not unhappy, just not usual behaviour from MR.|
|One million shares repurchased is a good sign. Good use of spare cash at these levels|
|They have often remarked on the positive effect of weak sterling on past results / commentary|
|It seems from last year's annual statement that over 50% of group revenue comes in the form of US dollars and euros which might explain the recent rapid recovery in the share price|
|Back in here. A bit of a Brexit bounce in progress, it seems.|
|"Science: Mixed results mask value" -
|Rather underwhelming results.|
|Results sneaking out on the 3rd.|
|Article in Business section of Today's Sunday Times abut Leatherhead Food Research about "hollow sugar crystals". No specific indication of how this is adding to their revenues, but good to see the publicity and reiteration of their leading role in food research space.
How sweet: sugar with a non-fattening centre
|Not sure what to make of this mornings news, it looks like a longer hold before we see any returns from synergies from Leatherhead while the rest of the business ticks along. Not sure what the 7 million spent on property will mean to the increasing dividend.|
|Jombaston - Fair analysis imo
Just needs market to catch up with events now
|The latest buy looks good although some uncertainty as all the numbers quoted are from 2013 (Leatherhead didn't manage to file their 2014 accounts!)
Clearly the pension fund at Leatherhead was a serious burden and the firm had quite high costs given its revenue.
SAG will be putting up another £1m investment along with the £1.6m purchase price but even including this the payback should be pretty quick. Replicating SAG's margins would imply £1.5m pre-tax; while this is not going to happen overnight £750k should be achievable near-term (they made £670k in 2012).
Taking this into account and using SAG EV/EBIT multiples before the deal I reckon this should be worth a share price of 170-185p for SAG. This, of course, assumes the shares were fairly priced beforehand. Arguably they were cheap, so I believe a target of £2 is fair absent any further news.
Please feel free to disagree or embellish! DYOR etc|
|Another great write up by the Private Punter, looks like these are going a lot higher, just ticked up on a small buy. Didn't realise Hargreaves Hale hold 10% of the stock.|
|Thoughts may also be of interest.
|Yes it looks a fantastic deal to me also....|
|the £100k of profit made by Leatherhead was after £355k of payments to the defined benefit pension fund, and £364k paid to one director. These won't occur again.|
|Looks like a great deal. Immediate £8m on revenue (+28%) with profit perhaps taking a little longer to accrue.
|it might take some time but I am sure they will get there. SAG was in this kind of state when MR bought his stake at 28p. I have been slightly under whelmed by the other deals - we never really find out how they perform. But this is great and gives them a (near) London presence.|