||EPS - Basic
||Market Cap (m)
Real-Time news about Ssl Intl. (London Stock Exchange): 0 recent articles
|zedder: So the MARL take out price down to £1.015 based on SSL price at the close yesterday. Hopefully SSL will recover some of that drop today.|
|jimbowen30: Share price moving up strongly.
As Luna gets closer to production, Sandstorm will see a big uplift. There are some big players involved with the JDL/Luna deal and it looks hugely positive. Marin Katusa was interviewed on episode 489 of Frank Curzio's Wall Street Unplugged podcast (about 30 mins in) and said the geologists believe there could be 10m Oz of gold at Luna's Aurizona mine. So should be lots of cash coming to Sandstorm.
|jimbowen30: Yes it's good to see Shavian. Sandstorm hit another new 52 week high on Friday of $7.40 on the TSX. There seem to be a number of positives right now including Hot Maden, the Karma mine and the long term optionality on some of their projects, which are not factored into the share price at all. Perhaps one thing that will give a further boost is news from Luna Gold. Their share price continues to recover strongly and it now looks probable that Sandstorm will see cashflow from the NSR on the Aurizona mine at some stage.
Here's a good article on gold and gold stocks.
|jimbowen30: A Golden Lift-Off Approaches
Market Vectors Junior Gold Miners (ARCA:GDXJ) just took out the 200 day moving average on its second highest volume ever, and record volume in GDXJ was just last week. This is big time accumulation going on. Furthermore checkout mining stocks like MAG Silver Corp. (AMEX:MVG), Agnico Eagle Mines Limited (NYSE:AEM), Sandstorm Gold (ARCA:SAND) to name a few. As soon as gold completed the failed breakdown they have gone on a moonshot. This is something that few are talking about because everybody is so beat up and tired of the bear market in gold. But this is exactly the type of behavior that launches a new bull market, big volume and explosive price moves.
Sandstorm up another 4% last night. I think there could be another stream announced soon, which could send the share price higher from here.|
|jimbowen30: Another good article...
Share price has jumped from around $5.50 to $6.75 in the last week.|
|jimbowen30: Big upgrade today...
50% Increase in Price Target
by RBC. Up from $6.00 to $9.00. GLTA
Sandstorm Gold is a streaming/royalty company with a portfolio of precious metal streams and royalties. The company has built its existing portfolio through the acquisition of streams on smaller scale projects, opportunities which tend to be overlooked by its larger streaming/royalty peers. Sandstorm Gold's shares are listed on the Toronto Stock Exchange and NYSE MKT under the symbols "SSL" and "SAND," respectively.
Niche player in the streaming space: By focusing on smaller opportunities typically overlooked by its larger peers, Sandstorm has been able to create long-term value for investors through accretive acquisitions.In the midst of a key growth phase: With a number of new streams/royalties expected to come into production over the next few years as well as likely expansions at existing streams, Sandstorm offers strong growth potential with a three-year CAGR of 13% between 2013E and 2016E.Protected from inflationary pressures: Unlike its producing peers, the streaming/royalty model provides Sandstorm with a greater certainty on operating and capital costs. This in turn provides greater dollar-for-dollar leverage than the company's producing peers.Well positioned to pursue accretive growth: With a well funded balance sheet and an un-drawn credit facility of $100 million, we believe Sandstorm is well positioned to pursue accretive growth opportunities within the current market place, albeit at a measured pace.Potential Catalysts and Share Price Drivers Arizona expansion: Although Luna Gold is currently expanding its Arizona mine, we believe ongoing exploration success could warrant a further expansion.Accretive acquisitions: If Sandstorm can make accretive acquisitions,we believe the company's share price should benefit from underlying value creation and a potential rerating toward its larger peers.Exploration: Exploration success at the assets underlying the company's streams could lead to mine-life extensions or expanded operations at no additional cost to Sandstorm.Risks to Valuation Gold price weakness: In our view, the greatest threat to Sandstorm's
hare price performance would be a decline in the gold price, considering its high trading leverage and risk to operations underlying its streams.Operational risk: Despite having a diversified portfolio, any challenges at the operations/projects underlying its streams could adversely impact the company's
earnings, cash flow, and share price.Financial back-stop to Sandstorm Metals & Energy: We believe further use of Sandstorm to back-stop streaming deals for Sandstorm Metals & Energy could weigh on investor sentiment.
We value Sandstorm on a hybrid (50/50) P/NAV and P/CF methodology. Applying a 1.5x multiple to our NAVPS and a 25x multiple to the company's 12-month CFPS, we derive our C$9 price target. The multiples used to value Sandstorm are at significant premium to its Tier II and III producing peers but at a discount to its larger royalty/streaming peers. The discount relative to its royalty/streaming peers represents a higher degree of operational risk at the mines which underlie the company's streams as well as higher all-in sustaining costs. The premium relative to its producing peers represents the company's fixed and low cost structure, lack of ongoing capital requirements, strong balance sheet and underlying free cash flow potential.
Price Target Impediments
Impediments to our price target include fluctuations in the price of gold, as well as operational and/or geopolitical challenges at the operations underlying the company's precious metal streams.|
INSIDE LEG: Will Reckitt Benckiser go for SSL?
23 November, 2009 08:57:56 AM
EVolution reckons it makes a good bite-sized opportunity. Says the other rumoured play, Colgate, just too big and there would be issues of management control.
Here the broker assess the rationale behind both deals: 'Last week's share price rally in reaction to press speculation that multi-billion dollar M&A activity was imminent reflects the markets desire for RB to make an acquisition. We believe that Colgate-Palmolive, a suggested name, would be too large to acquire and as a merger partner would involve issues of management control. However, SSL would be a fraction of its size and would yield excellent cost saving and cash flow opportunities. If M&A speculation falls away the market will revert to focusing on the existing businesses and it is worth taking full note of the advent of a potentially more effect rival to Suboxone called Vivitrol whose parent Alkermes has reported positive results from Phase 3 clinical studies. This is new news and suggests that the worst case scenarios baked in to FY10 forecasts could be reality. This is in addition to the challenge posed by P&G and others to 3 out of 4 RB household divisions.'|
|jonny modnoc: cheaper than peers, independent-
Our view: Buy
Share price: 420.75p (+20.75p)
As people opt to save the pennies and spend more time at home during the recession, so SSL's products, Durex condoms, get used more often.
Investors will certainly agree that the company is performing, with the shares doing proportionately better in recent months than the rest of the FTSE 250. The company's stock has dropped by just 4 per cent in the last month.
SSL, which also owns the Scholl foot treatment brand, will announce its interim results today after telling the market yesterday that it is buying the Swiss condom brand Crest for SFr7m. The figures are likely to be encouraging after the group announced in October that sales for the six months to end of September were up 22 per cent to £320m.
While investors will be encouraged by the numbers, they will also be impressed that watchers at Evolution reckon the shares, trading at 16.9 times annualised 2008 earnings per share, are cheap against SSL's peer group. Buy.|
|bubface: mail on sunday.
Look to SSL long term
A few brave commentators and steely nerved high-rollers are beginning to sniff around for the bargains of the market crash.
For those willing to join them, one share worth considering is SSL International. The group is known for two major brands - Scholl footwear and Durex condoms.
Supporters of the shares argue that there are certain pastimes in which the public will keep on indulging even during a major economic slowdown - and looking after their feet is one of them.
A trading statement from Scholl last week appeared to confirm this. Sales in the six months to September were up 22% on the same time last year.
Part of this was due to currency movements as sales in European countries translated into even better figures in sterling because of the high value of the euro. That might change if the euro were to weaken.
But even stripping out that effect, sales were still up 9%. The complete half-year results are due on November 25 and it looks like the numbers will be strong.
The group has undergone a restructuring over the past year, which has hit its bottom-line figures, but underlying profits are still rising. Cash flow is also strong.
Shares in SSL have slumped this month, but after last week's trading statement they regained their poise and ended Friday at 444p.
Midas verdict: On a long-term view, SSL is a relatively safe investment that should be more than capable of surviving recession. Given that essential resilience, its recent share price fall looks overdone.
Once the irrational fear has left the market, this will be one of the survivors and its value should bounce back. At these levels the shares are a buy for the long term.|
|jonny modnoc: whats the SSL share price at 3.4 times sales|
SSL International share price data is direct from the London Stock Exchange