||EPS - Basic
||Market Cap (m)
|Household Goods & Home Construction
SCS Group Share Discussion Threads
Showing 151 to 174 of 175 messages
|There was a very helpful presentation at the recent results that covers issues such as currency impacts;
Personally I view this as an extremely long term hold as it's trading well cash rich and pays an excellent dividend, but you may want something different|
|Don't hold, but I think the market has concerns about the retail sector, and has marked down most stocks. I appreciate co's operate in different segments of the retail space, and are of varying quality but look at NXT, MKS, SPD, which have all been sold off.
TPT reported decent numbers overall last week, but alluded to weakness in the post-brexit period, and the share price has fallen to circa 90p. At the current time sentiment is very much against the sector. The fall in the value of sterling and NLW are also headwinds, so I can't see share prices recovering in the short-medium term.|
|Not sure what to do here, two great sets of results this year and an increased 8% divi but the share price is actually 5p below my buy in level.
I guess the only consolation is that it cant really drop much further given the yield.|
|These brokers work very fast -I'm impressed.|
|Two broker reports out this morning:
|A very nice set of results, but the market obviously doesn't think they are sustainable giving SCS a yield of 7.5%. I have both DFS and SCS and will be holding both as I think recession fears will recede and cyclical shares like these could rise further. However, SCS has a very low operating margin (just over 3%) which is always worrying compared to DFS which has an OM of 7-9% over the last few years. In other words, its right that DFS is at a premium to SCS on other metrics.|
|About as good as could be expected.
As they say they will have a problem with their LFL figures going forward given just how strong they have been over the last 12 months....a nice problem to have.
I have been holding this for almost a year and feel that it should re rate to at least 250p if you look at the metrics against DFS.|
|I bought these a week ago so very happy with the performance so far. The prelims are on October the 4th.|
|Sun cap will dump shortly|
|that spread has come right down in recent days, with healthier volumes of trades supporting some good price momentum|
|Yep, that spread is consistently above 400bps.
One of the few advantages PIs have over IIs is easy exit from positions and rapid movement in holdings relative to larger holders. A 4 - 7% penalty each time a move is made is a heavy price to pay and rather takes the edge off that advantage.|
Call me old-fashioned, but I'm more interested in 'hard news' like an RNS reporting an II buy than an unsupported 'prediction' from a PI.....
|Sun cap will dump their stake soon|
Definitely not one for the traders for sure, some of these illiquid ones can be abit of a pain.
Best to wait for the spreads to come in when everyone has got involved ie avoiding quieter mornings. But you're right, even then this one has a wider spread so get your orders placed onto the book to try and trade inside the spread.
Just have to battle the algos at times then ha|
A big disincentive to buy is the ridiculous bid/offer spread (157-170 or summat), which is - coincidentally and unhelpfully - roughly your 7 % annual 'reward' for holding....
Not one for the day traders !
|"Threadneedle Asset Management Limited (5.063%)
Threadneedle Asset Management Limited is wholly owned by TC Financing Limited, which is itself wholly owned by Threadneedle Asset Management Holdings Limited, which is itself wholly owned by TAM UK Holdings Limited, which is itself wholly owned by Threadneedle Holdings Limited, which is itself wholly owned by Threadneedle Asset Management Holdings SARL, which is itself wholly owned by Ameriprise International Holdings GmbH, which is itself wholly owned by Ameriprise Financial, Inc. "
Anymore for anymore? Ha
SCS upgraded profit expectations earlier this year, DFS upgraded today. Clearly some uncertainty about, but it looks well in the price. I don't think the dividend will be under threat for a long long lahonggg period. More interest rate cuts, more QE and further stimulus in the autumn statement to all come.
Time for Mr Market to bid this back up nearer £2 (7% yield at £2). The right place to sit and wait for further updates.|
Answering my own question, Ameriprise is the successor to spun-off American express Financial Services, over $ 800 BN under management, UK presence mainly through Threadneedle Street financial services.|
Ameriprise Financial (who dey ?) have just disclosed a 5% indirect stake in SCS. Nothing beforehand.
|DFS results out today....arguably not as impressive as SCS and divi is no where near as generous but they get a 13% bump in share price|
Wasn't it Sir Geoffrey Howe who wanted to have as his advisor a one - armed economist....?
I think he also said, IIRC, that economists typically knew 365 ways of making love, but didn't know any women.
Economists rarely agree and when they do they're almost invariably wrong.
|It is quite difficult to reconcile the SCS RNS with "the end of the world is nigh" commentary of most economists.|
With management's credibility at stake, a policy of 'underpromise and over-deliver' seems pretty essential...and I thought the SCS (LON:SCS) update was admirably restrained.
|Broker update from FinnCap....
ScS Group (SCS): Sales update (BUY)
ScS has today confirmed that trading momentum continued for the past 8 weeks of FY 2016 with LFL sales order intake +14.8% for the 53 weeks ended 30 July. Accordingly profits are expected to come in in line with expectations (finnCap forecast FY16 EBITDA of £15.6m, EPS 19.4p). Given the 24% decline in the price post the referendum, the stock is looking cheap on 7.8x earnings. That said, there are a few points to bear in mind: 1) the weak H2 base in the PY (LFL order intake +1.4%) has flattered the FY outturn; 2) the current period contains 53 weeks of trading and July 2016 had 5 weekends compared to 4 in the PY; 3) Potential FX impact and/or changes in consumer confidence will take time to feed through into spending patterns; and 4) the base is now high going into FY17. We are currently leaving our forecasts and 230p price target unchanged, but note that the August bank holiday will be the first key trading period post the referendum and will make a further assessment then.|