Savile Group Share Discussion Threads

[pictureframe] 12/1/2010 12:51

got to say that rns is dire - lost contracts - profit almost wiped out.

[cockneyrebel] 12/1/2010 12:28

Not surprised at that statement - chart has suggested it was coming imo.

Too illiquid to sell - thankfully I'm not holding that many either, but enough.

I'll sell when there's been a bit of a bounce and some strength.

CR

[parvez] 07/12/2009 08:52

Mr Cohen bought some warrants on 2/12. Anyone know how I can do that if I wanted to buy warrants as do not seem to be listed?

[davidosh] 01/12/2009 13:09

Looks like quite a few of us have been taking advantage of the dip and for me it brings my average price to well below the placing price.

The seller must be very distressed to sell when the p/e is around five and they have all that cash. They scored an own goal doing the buyback at a price well above the placing which is financially and logically inept. However I like Savile as they seem to be at the sweet spot of human resources and given the very strong balance sheet and directors who are excited about market opportunities we should see good newsflow from here.

Admittedly Savile is a small cap and the shares are illiquid but cash generation is excellent. Now we need to see what the company does with the money it has generated and raised from instos at much higher prices in the market. A real bargain opportunity at 50p this morning IMO.

[angel of the north] 01/12/2009 12:30

Whilst desperately scanning my portfolio to raise some loot I did see the 4000 go through at 50.64 and thought.......clever person! Before I could raise loot the ask back at 57p with the customary spread.
Well done anyway - a bargain imho.

[wjccghcc] 01/12/2009 12:25

So the mirror keeps telling me :-)

[wjccghcc] 01/12/2009 12:19

Bought mine back at 50p after selling out at 70p.

[aishah] 01/12/2009 12:09

yeah, crazy - managed to get a few under 50

[cockneyrebel] 01/12/2009 11:31

This is sort of looking crazy now imo.

CR

[shroder] 28/11/2009 15:47

Market cap can also present a problem for some funds when they drop below a certain threshold forcing them to sell - good opportunity for pi's to get in and push it back up ;-)

[cockneyrebel] 28/11/2009 11:28

Difficult to know why. I suspect the mm's have a seller in size who has to sell and therefore on the slightest selling from anyone else they are marking down in the knowledge they can get stock elsewhere, probably cheaper.

It would be good to see some large volume go through imo.

CR

[alanrex] 28/11/2009 07:55

this share has taken a significant knock, so much for resilience in the marketplace!

[investinggarden] 18/11/2009 09:44

Savile takes public sector option

[cockneyrebel] 17/11/2009 18:42

I wasn't knocking the company Nurdin, I hold. I just don't believe what directors tell me face to face. As they are not supposed to tell me anything price sensitive then if they do they are telling others too. If they don't tell me anything price sensitive then I haven't gained a lot from talking to them.

You might get a 'feel' for how the co is run but in my opinion there's the want to like these guys when they are a bit forthcoming but im my opinion 50% are straight at most and if you don't know whether you can trust what you're told what use is it?

I just prefer to rarely talk to them unless I really need to, I think I've been misled or gained nothing from 70% of the directors I've spoken to in the past.


I think SAVG are just off because the market's weak in general today.

CR

[davidosh] 17/11/2009 18:15

There was news out this morning so maybe peeps are waiting to digest it and see where the price settles.

[stegrego] 17/11/2009 17:23

Judging by todays price action, it looks the dinner went down like a soggy biscuit contest round at the vicars...

[nurdin] 15/11/2009 21:25

But track records counts for a lot surely CR.SAVG have doubled their profits and turnover in last two years,been paying a decent divi and apear to have a business model that is now beginning to pay off.I agree that there is an element of risk in relying too much on what the Directors say,but no harm in them explaining where they see the company in a few years time surely?

[cockneyrebel] 15/11/2009 21:04

Well we know a few Davidosh - TSE for one who I know had been grilled.

These guys can lie and cheat the skin off a rattlesnake - look back in time, even directors like those at Enron and Worldcom managed it in spite of auditing in the US a thousand times greater than AIM.

There lies the danger imo - you think you've looked under the bonnet, kicked the tyres, checked the documentation and done the HPI check and you feel too secure - that's when you realise the welding through the middle after you crash the car.

"Ask me no questions, get told no lies" - a good motto with directors imo. It's far to easy to rely on what they tell you face to face because you assume their moral standards are as high as your own. It's rare imo.

CR

[davidosh] 15/11/2009 20:04

robertaH...Any in particular where you want their hands removed ?

[davidosh] 15/11/2009 17:47

CR.....I think 36 Fools asking questions in a forum and privately at dinner with three directors attending and with some of these guys being really cynical 'kick everything' types suggests any company opening itself up to scrutiny like this is unlikely to be lying through their teeth.

I accept that some individuals take every word spoken by a director to be gospel but if you attended one of these events you would see that they are far more useful than a broker note or company literature and accounts by themselves without fully understanding the nature or risks involved with each business.

There will be a lot more knowledge on the boards about Savile after tomorrow. More investors should try to take advantage of such presentations as I go to a lot of effort to arrange them.

[cockneyrebel] 15/11/2009 17:04

Not my sort of thing CF. Personally I think if you talk to directors you only get lied to in general. There's a tendancy to believe what directors say to you more than you glean elsewhere imo - which can be dangerous, especially if they prove to be dishonest.

I think a pre-requesite to being a director is the need to be a good liar - that's why I rarely talk to them.

CR

[angel of the north] 15/11/2009 15:44

If it had been anywhere near Alicante or even Valencia would not have missed - Looking forward to any dialogue or views.
Hope you enjoy - and good luck.