Share Name Share Symbol Market Type Share ISIN Share Description
Sprue Aegis LSE:SPRP London Ordinary Share GB0030508757 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +3.00p +1.82% 168.00p 160.00p 170.00p 168.00p 165.00p 165.00p 49,922.00 16:35:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 88.3 6.8 13.2 12.7 77.04

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Sprue Aegis (SPRP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
17:10:08165.5015,00024,825.00O
16:35:01168.0018,74931,498.32UT
16:16:14166.007,20011,952.00O
16:09:58170.003,0005,100.00O
10:36:16168.009501,596.00O
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Sprue Aegis (SPRP) Top Chat Posts

DateSubject
09/12/2016
08:20
Sprue Aegis Daily Update: Sprue Aegis is listed in the Electronic & Electrical Equipment sector of the London Stock Exchange with ticker SPRP. The last closing price for Sprue Aegis was 165p.
Sprue Aegis has a 4 week average price of 164p and a 12 week average price of 159.75p.
The 1 year high share price is 357.50p while the 1 year low share price is currently 115p.
There are currently 45,855,365 shares in issue and the average daily traded volume is 61,039 shares. The market capitalisation of Sprue Aegis is £77,037,013.20.
29/4/2016
10:58
glasshalfull: Glaws2 - You're slightly out...they presented at 25 meetings over the 2-days! Hopefully that will help redress some of the fanciful & outlandish comments on this thread, Daily Mail & elsewhere. John Rosier has kindly written up his impression from the ShareSoc presentation which is in the comments field of Paul Scott's Stocko blog yesterday. Post 8 Http://www.stockopedia.com/content/small-cap-value-report-28-apr-2016-sprp-wand-129452/ There has been a US based seller which has depressed the share price considerably more than I'd have anticipated...believe it cleared last night. Kind regards, GHF
19/4/2016
10:32
eastbourne1982: Turnover has fallen off a cliff, it seems people haven't read the update in full or are just ignoring it, the share price has fallen through the floor because trading has slumped big time, this may well be relatively short to medium term however the valuation had to change massively, everything has a price and I'd be tempted at sub £1 however given current trading and the medium term outlook these are not cheap yet.
18/4/2016
19:40
topvest: Had this on my watch list, but didn't buy as the immediate outlook appeared poor. I will await the final results before buying any, but looks a good entry point in the next few weeks. Could go below a £1 short term but should rebound or be taken out for £2 within a couple of years, so its a reasonable proposition. I've learnt on these recovery plays that there is no rush to get in. The share price is going to be rubbish for the next 6m and it will take 2 years to get back to a recovery so wait until the share price flatlines first.
18/4/2016
17:50
glasshalfull: Yes, horrible statement today. Don't think any of us saw that coming. The combination of warranty/battery issue & poor European trading provided the catalyst for a severe markdown. That's certainly what materialised with over 54% wiped off the share price today. I've also had the opportunity to talk with the company who I know will be working round the clock to rectify the situation & restore confidence. As THE BIG FELLA mentions, the battery issue in Germany appears to be one of timing for the requisite accreditation for the Panasonic battery & hopefully will provide the catalyst for a reinvigorated campaign for the "fireAngel" brand in the country. With significant H2 orders already in place this will hopefully result in the anticipated ramp up in orders during 2016/17. Fingers crossed. I understand that in France the underlying demand in the early part of 2016 is up significantly from the same period in 2014. That's ignoring the anomaly & unprecedented demand of 2015 which has caused indigestion this year. Hopefully this increased demand will assist the retailers with destocking. Not a crumb of comfort as this time, but "AngelEye" is now the top selling brand in France. While the negativity on this thread is understandable, it's worth pointing out that the company have faced considerable headwinds previously and managed to deal with these satisfactorily. Results from 4-years ago highlighted warranty issues with legacy products in Germany; withdrawal of certification on certain products in France; poor UK trade & Fire & Rescue which was impacted by budgetary concerns. Http://www.investegate.co.uk/sprue-aegis-plc--sprp-/prn/final-results-for-the-year-ended-31-december-2011/20120424070000PE184/ Currently with 45,855,365 shares in issue the market cap has fallen to £56.2m & as at 31.12.2015 they had £22.4m net cash on the balance sheet.This equates to an enterprise value of only £33.8m. If we rewind 4-months (to 18.12.2015) the share price was 352.5p with a mkt cap of £161.6m & EV of £139.2m ... therefore over £100m has been wiped of the market cap. While I understand frustrations & concerns, the EV of £34m looks extremely low to me given their track record and market leading position, notwithstanding the issues the company require to overcome. Others may disagree. That's what makes a market. Kind regards, GHF
18/4/2016
11:04
speedsgh: Would expect Jarden Corporation/Newell Rubbermaid will be watching today's SPRP news/share price decline with interest. Might be an opportune time for them to make a renewed play for Sprue?
11/3/2016
19:56
james188: I guess that the share price will continue to bounce around for a while, but I am very tempted to add. My strong recollection from a SPRP presentation late last year after the June 2015 results was that growth is not solely reliant upon the German market (although clearly very important). Poland, Holland and the Nordic countries were also mentioned, as well as new UK product. The next report should add further colour as to what progress has been made. Investment in the new Chinese facility would have been huge, so it is hardly surprising that a renegotiation of terms was triggered. Like some other posters, I am pleased that SPRP management has locked in terms now rather than letting the issue drag on, albeit at extra cost.
10/3/2016
09:45
3800: Hi tiswas, yes this was a surprise to me at least I suppose it shouldn't have been, just having one sole supplier is always a risk, and it looks like they have turned the screw despite all the positive gloss. The forecast drop in profits for 2016 of almost 10% almost mirrors the drop in share price so I suppose the share price fall is justified. I did feel before reading the RNS that it was more likely to be good news that the £ had weakened so much against the euro. I’m not sure how the proposed takeover of Jarden by Newell Rubbermaid progressed however any takeover of Sprue at a large premium to the current price must now look a lot less likely. Just my take on events. 3800
10/3/2016
08:51
pj 1: Well that's a first. Marginally below. I wonder why they did not see this coming though, unless there was more pressure than they anticipated? Sprue Aegis plc Update on Supply Terms 10/03/2016 7:00am UK Regulatory (RNS & others) Sprue Aegis (LSE:SPRP) Intraday Stock Chart Today : Thursday 10 March 2016 Click Here for more Sprue Aegis Charts. TIDMSPRP RNS Number : 6029R Sprue Aegis plc 10 March 2016 10 March 2016 Sprue Aegis plc ("Sprue" or the "Company") Update on supply terms with Detector Technology Limited ("DTL") Sprue (AIM: SPRP), one of Europe's leading home safety products suppliers, today issues an update on the supply terms with DTL, owned by Jarden Corporation ("Jarden"), the supplier of all of Sprue's own branded smoke alarms and accessories, which also supplies the smoke and carbon monoxide alarms and accessories of BRK Brands Europe Limited ("BRK"), also owned by Jarden, and a substantial shareholder in the Company. Retrospectively with effect from 1 January 2016, Sprue has agreed to amend supply terms with DTL, as a result of which the Board now expects that the Company's operating profit for the year ending 31 December 2016 will be approximately GBP8.3 million, slightly below market expectations. The details of the amended supply terms are as follows: -- Working in partnership with, and at Sprue's request, DTL has made significant investment in its new high technology manufacturing facility and is bearing increases in Chinese labour costs. Sprue has agreed to accept modest product price increases to reflect a share of the incremental costs incurred by DTL. The new CICAM manufacturing facility has significant capacity above current production levels which Sprue can utilise as product volumes increase over time. -- Sprue has agreed to share equally the impact of Sterling's depreciation against the US Dollar from a previously fixed rate of GBP/US Dollar 1.62 exchange rate. Furthermore, the parties have agreed to an annual retrospective volume/12 month average foreign exchange rate rebate mechanism. At the expected current volumes and the current GBP/US Dollar exchange rate of around GBP/US Dollar 1.42, this results in significant product on cost on all DTL sourced product this year. However, should purchase volumes increase and/or the average GBP/US Dollar exchange rate improve from the current level, Sprue will see its share of the benefit. -- Sprue continues to purchase all Sprue and BRK products from DTL on 90 day landed credit terms. Commenting on the new arrangements with DTL, Graham Whitworth, Executive Chairman of Sprue said: "Despite the product on-cost, this is an important agreement for the Group with its key supplier DTL. The new terms allow Sprue to share equitably the impact of changes in production volumes and movements in the GBP/US Dollar exchange rate with DTL whilst ensuring its key supplier has the capacity and an appropriate investment base to deliver the products to support Sprue's strategic plan." http://uk.advfn.com/stock-market/london/sprue-aegis-SPRP/share-news/Sprue-Aegis-plc-Update-on-Supply-Terms/70708432
22/1/2016
14:52
hedley03: Two trades gone through today, each at £3, both 450,000 shares, at the mid-price. I never understood the significance of these big trades at mid-price, and why the share price doesn't move. Obviously these are huge multiples of average daily volume. Anybody understand these?
08/6/2015
13:50
pj 1: Only my opinion that SPRP is still a very illiquid share, despite the move to AIM from Plus a year ago, where SPRP hoped liquidity would improve. Hence transactions can adversley affect the share price still. It is not a share to trade but needs a medium/long term view. Luckily, I kept my initial views reagrding the LTIC mainy to myself and admit I was somewhat disappointed on the announcement. However, with hindsight and following communications with some other fellow long term holders of SPRP I am more inclined to be less critical. SPRP is one of my top performing shares and the only reason for that is the dedication, skill and business accumen of the BoD. I have no reason whatsover to doubt their integrity, skill or Business accumen. The Directors are well known for presenting at Private Investor functions such as Mello and I fully expect that strategy to remain where they will be clearly in the firing line to answer any concerns.I have every confidence they will maximise all opportunities as they always have done, until the cash generation prompts a larger entity to make a move. I am envious of one private investor I know who has seriously multi-bagged here, and who's dividend return this year alone is circa 50% of their initial investment. Bad Comapanies with suspect BoD's just do not give those sort of Returns medium/ long term. As always DYOR. GL PJ
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