||EPS - Basic
||Market Cap (m)
|Household Goods & Home Construction
|SCS Group Daily Update: SCS Group is listed in the Household Goods & Home Construction sector of the London Stock Exchange with ticker SCS. The last closing price for SCS Group was 176p.|
SCS Group has a 4 week average price of 175.17p and a 12 week average price of 170.82p.
The 1 year high share price is 204p while the 1 year low share price is currently 129p.
There are currently 40,000,000 shares in issue and the average daily traded volume is 40,608 shares. The market capitalisation of SCS Group is £70,500,000.
|rhomboid: Agreed current share price is modest indeed , notwithstanding the very generous dividend received, I'm expecting a very good update as big ticket item sales appear to have held up far better than doomsters have been pontificating to be the case. I visited my local branch and was very impressed with the presentation of stock and the professional way the sales process was dealt with. They also said they'd been v.busy and only had a couple of clearance items remaining and that was at the start of the Sale!
Looking forward to the update|
|simso: I would be truly amazed if there was either a profit warning or an upgrade imminent. They updated the Market a few weeks ago and confirmed that LFL orders were +4% v LY. They key trading times of the year (Boxing Day Sale, Easter, Bank Holidays) are all still in front of us, so a change to Full year expectation is far too early to call at this stage.
I think the most likely reasons for the 20p fall in the share price are the "ex div" status change, and also their largest competitor DFS seeing their largest Shareholder and former 100% owner Advent placing their remaining shares at c20p below market price at the time. DFS is similar to ScS in that ScS have Sun Capital as a former 100% owner with a large remaining stake|
|simso: That's helpful to hear about CPR having a strong June. Clearly the Share Price has taken a hit based on fears of a slow-down, having an effect on big ticket discretionary items. Interesting to see that the industry leader on Sofa's, DFS, have seen their share price hit even harder, from £3.00 down to just over £2.00. ScS have the advantage of very strong momentum, strong Balance Sheet, and a Divi Yield looking ever closer to 10%!|
|thomasthetank1: Read finnCap's note on ScS Group (SCS), out this morning, by visiting www.research-tree.com …
“We are upgrading our EPS forecasts by 5% over each of the next three years post yesterday’s H1 2016 numbers. ... we expect the share price to remain range bound in the near term given uncertainty around May Bank Holiday trading and, more importantly, the EU referendum.…8221;|
|2breakout: Buy rating in Momentum investor, not having much affect on the share price though.|
SCS Group share price data is direct from the London Stock Exchange