Sondrel (holdings) Share Discussion Threads

[phoenix1234] 14/8/2013 18:24

Sanderson Group - acquisition, shares still good value?

[jbarcroftr] 13/8/2013 12:21

Simon always strips out the cash when valuing.
Over 10p a share here
It is a comfort and it seems the board favour a number of small acquisitions rather than a Big Bang!
I prefer this approach.

[morph7] 13/8/2013 12:03

I'm a holder as well. + in my eyes when the boards are quiet.
The acquisition is hard to judge, not much news available. As you mentioned varies, it's expensive from a stand alone profit venture. No doubt there must be value in the customers it has picked up from the buy with a look to cross selling products.

[jbarcroftr] 13/8/2013 11:30

Simon Thompson of IC is keen and I would expect him to return to it when it's results are out( Sept12 I believe)
I think it is a well managed company with plenty of cash for bolt on acquisitions
Like this.Indeed they refer to more in there statement
Maybe not set the world alight but a pretty solid investment
I hold

[varies] 13/8/2013 09:41

Catan looks expensive but we do not know how much the modest size of its profits was affected by the pay of its owners.
From the scarcity of posts here I deduce that SND is somewhat neglected. Probably a sound long-term holding now that it has tidied up its balance sheet.

[spob] 07/6/2013 18:29

Hey blondie you must of been bored today

waiting all day to share a Simon Thompson tip that never came

oh well im sure you'll get you're chance on Monday

[phoenix1234] 06/6/2013 18:48

Interim results, buy hxxp://www.shareprophets.com/analysis/588/sanderson-group-interim-results-shares-offering-decent-value

[blondeamon] 06/6/2013 14:31

Sorry my bad, misread this. Still that's a 22% upside target.

[alter ego] 06/6/2013 14:01

to be strictly accurate, Simon T's target is 60p but he does mention WH Ireland having a target of 100p if all goes smoothly.

[blondeamon] 06/6/2013 13:19

This was tipped again by Simon Thompson in IC, with a target of 100p!

[kayha2] 06/6/2013 12:35

Have found a presentation of the interim results here:
hxxp://www.brrmedia.co.uk/event/112345/christopher-winn-chairman-adrian-frost-director-of-finance--ian-newcombe-director-of-multi-channel-and-ecommerce

[valhamos] 30/4/2013 08:02

Update suggests on track to deliver forecast 3.9p eps with operating profits up 10%

Return on investment has always been a problem here (low ROE) so the increase in margins is welcome. Now we need just a bit of an uptick in the economy to drive up order intake.

[mctmct] 12/3/2013 10:25

Davidosh (msg 210)

any news or comment from Christopher Winn at your dinner?

[jamielein] 16/2/2013 18:31

Can't help but feel that without a bid, these may be fully valued for now.

Forecasts for around 4p EPS this year seem high to me; do we know where this growth will come from?

[thorne3] 05/2/2013 12:56

Could this be a foretaste of the long awaited bid?

[choppa] 05/2/2013 12:51

Nice rise today.

[maddox] 11/1/2013 22:49

Hi David,

Excellent news, count me in,

Regards, Maddox

[alter ego] 11/1/2013 22:31

Too far away for me David but would be good to hear some feedback. Thanks, Bob

[davidosh] 11/1/2013 17:13

Very quiet board here but just to let you all know that Christopher Winn will be presenting at our Mello Monday investor dinner on Monday evening in Beckenham if any of you would like to attend www.freesharedata.com/mello

[choppa] 01/12/2012 09:28

Nice tick up my friends.

[mjcrockett] 28/11/2012 12:29

Investors Champion has published a note commenting on Sanderson's results -

[topvest] 27/11/2012 19:50

Yes. In much better shape. Shame they are not defined benefit pension obligation free as well!

[choppa] 27/11/2012 19:24

Final Results - now debt free!

[alter ego] 23/10/2012 09:58

Trading update:
The trading results for the year ended 30th September 2012, are slightly ahead of market forecasts and the Group's cash balance as at 30th September 2012 has further improved to £4million.

[choppa] 21/10/2012 20:17

Yep great write up in IC this week with a big article devoted to SND. Happy to hold for the long term here.