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SC. Supercart

0.30
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Supercart LSE:SC. London Ordinary Share GB0034211036 ORD 0.4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.30 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Supercart Plc Share Discussion Threads

Showing 501 to 525 of 750 messages
Chat Pages: 30  29  28  27  26  25  24  23  22  21  20  19  Older
DateSubjectAuthorDiscuss
03/2/2010
08:30
Found this on iii from Wise_Owl, it was posted June 09 but gives you some good information about who Supercart are, makes an interesting read for anyone who has only just come across this company

--------------------------------------------------

Supercart, who are they? They have been the market leader in South Africa for a long time now but haven't been able to make the break through in Europe or the US.

Europe has been along time goal and they thought that they would break through last year, it has taken them until earlier this month to achieve that.

The Rehig aquisition along with 2 key staff has led to the breakthrough in the US as it all about the quality of the people you employ and they have employed the guys who can take them forward in the US as the recent contract win proves.

Supercart are always strongest in the final quarter so are now very well placed to turn the company into a profit making one which will send the shares higher very quickly due to the shares being very illiquid.

Don't be surprised if a few more annoucements are made between now and the year end with regards to more big customer wins.

Going forward your shopping basket will be full of RFID tags, these tags talk to the till and instantly calculates the shopping trolley total. The one thing in Supercarts favour is metal shopping trolleys have the faraday cage effect on the goods therefore the RFID tags are not read by the till, this means any company like Wallmart (who have already tested RFID) would need to change to Plastic Shopping Trolleys to be able to use the new technology, we are talking very big number here!

This share is still in its infancy, i've been topping up for a while now and don't be suprised to see this double in a very short space of time.

Good luck to anyone already in.

Wise_Owl

andrew james
03/2/2010
08:24
Full RNS

RNS Number : 5781G
Supercart PLC
03 February 2010

?

3 February 2010

SUPERCART PLC
("Supercart" of the "Company")

Order from Toys "R" Us, Inc.


Supercart (AIM:SC), the UK company involved in the design, marketing and
distribution of plastic shopping trolleys,announces that Plasti-Cart Inc., its
wholly owned North American subsidiary, has received a further significant order
from Toys "R" Us, Inc. ("Toys "R" Us"). The order is worth over GBP480,000 and
is for delivery in the first quarter of 2010.

Toys "R" Us is one of the world's leading dedicated toy and baby products
retailers, offering a differentiated shopping experience through its family of
brands. It currently sells merchandise in more than 1,550 stores, including 848
Toys "R" Us and Babies "R" Us stores in the United States, and more than 700
international stores in 33 countries, consisting of both licensed and franchised
stores.


Mike Wolfe, Chief Executive of Supercart, said: "I am extremely pleased that
this significant order from Toys "R" Us, together with a healthy level of
activity in our US operations, has given us an excellent start to 2010. The
market was slower than anticipated in the final quarter of 2009 but orders are,
as predicted, now coming through."

andrew james
03/2/2010
08:19
Quote from today's RNS :-

Mike Wolfe, Chief Executive of Supercart, said: "I am extremely pleased that
this significant order from Toys "R" Us, together with a healthy level of
activity in our US operations, has given us an excellent start to 2010. The
market was slower than anticipated in the final quarter of 2009 but orders are, as predicted, now coming through."

Looks very promising.

bhindi123
17/12/2009
18:54
Thx Mas. I'll keep my small holding at present - like you I can see the potential and will monitor for opportunities to increase as and when better signals appear. I think the Hoodless conclusion sums it up pretty well:

"Investors should look through the slightly disappointing short term trading update and recognise the long term contract with one of the US' largest retailers is more important to the share price. We maintain the group as a SPECULATIVE BUY."

rivaldo
17/12/2009
17:24
Riv - there are a number of interesting aspects to the product and the marketplace. I thought so back in late 2005 and it has been on my watchlist since then. Unfortunately they have not yet translated potential into reality with low sales growth and increasing losses.

There may be a catalyst at some point to change this scenario - perhaps the Rehrig deal in the US might ultimately prove to be the trigger in due course. I'm not going to reiterate the points that I've already made in #444 but that still sums up my view here.

I will keep this on my watchlist because I don't discount the possibility of their prospects turning around in due course but I'll wait to see some credible evidence that this is really on the cards before being prepared to invest here. Good luck with it and if sales accelerate and margins improve I might join you here sometime in the future.

masurenguy
17/12/2009
11:13
Sales in Europe disappointing
mallorca 90
17/12/2009
11:11
"Supercart (SC., 16.5p, £10.48m)

The group has extended its initial business with US based Target Corporation to encompass the supply of a range of shopping trolleys, hand baskets and related repair and replacement parts for a period of 4 years to December 2013. While the short term has seen an upturn in activity and market outlook, it has occurred too late to benefit Q4 of this year.

The US market has reacted well to the US re-launch of the Rehrig range and the group will enter 2010 with a strong pipeline. South Africa has continued ahead of budget and will report a strong performance. In addition the group announced its first order in Australia. European sales have been disappointing but a reorganisation in H2 has led to the first order with one of the largest French retailing groups, won jointly with French distributor Caddie.

We continue to believe the Rehrig acquisition was a positive move by the group and the group is well place to take advantage of the retail markets as and when they recover. Investors should look through the slightly disappointing short term trading update and recognise the long term contract with one of the US' largest retailers is more important to the share price. We maintain the group as a SPECULATIVE BUY."

rivaldo
17/12/2009
11:07
You need to be off your trolly to invest in this

ROFLOL

mallorca 90
17/12/2009
11:05
Yes good post masurenguy, a fair reflection of where the company is at present.
I also have been following sc. for a couple of years now, dipping my toe in at one point but taking the profits on the spike back in '07.

I'm tempted to get back in but certainly wouldn't whilst share price is over 10p, this will probably drop back to circa 10p in the next few months.

Hope it does come good for them, but it'll take more penetration into the US and Euro market.

fo77y
17/12/2009
09:50
Nice post Masurenguy - following this for 5 years eh?! As I said above I'm in for a small punt long-term. Today's update was hardly a surprise given the current climate, but I obviously got in too early at 19p or so. If the year end numbers look OK, or if the improved trading they talk about continues then I may build up the stake further.

I particularly liked the long-term story about SC. painted here:



The long-term nature of the new Target contract is a good sign, South Africa continues to go well (and should continue to do so given a stable political climate) and "first sales to one of the largest French retailing groups" also sounds good.

rivaldo
17/12/2009
09:44
Oh poor 8Trader...LOL.

Update: Wheels come off at Supercart

Shopping trolley maker Supercart said sales in the USA for 2009 will be below initial expectations, as a result of customers deferring orders until the first quarter of next year.

topinfo
17/12/2009
09:04
Oh Dear Oh Dear.

I am down a few £ here. Poor European Sales. My investment at KDD is not going well either

mallorca 90
16/12/2009
15:17
Masurenguy - 2 May'06 - 17:12 - 226 of 443: My main concern with this company is low margins. Their Gross Margin in 2005 was just 16% which in my opinion is far too low. These margins should be closer to 25% if the company is really going to be profitable and particularly if they subsequently start to outsource production to a lower cost environment like SE Asia. With an overhead of circa £1.1m they will have to virtually treble sales, at the current 16% gross margin, just to reach break even.

Be carefull here. I have monitored this company on and off for about 5 years now since I like the product with its various advantages over the wire metal equivalent. However it has failed to make any real progress during that period and still maintains a dependency on South Africa for its core sales. The acquisition of the Rehrig tooling and product designs will help to increase sales in the North American market but what will their margin be on these products since this will also result in increased sales and marketing costs. In the meantime they still have achieved hardly any penetration in European markets.

My reservation here has been based on 2 factors - slow growth in sales and low gross margins.
Sales: Three years ago H1 sales were £742K and they posted an operating loss of £533K. Net cash then was £190K. This year H1 sales were £1m and they posted an operating loss of £950K with net cash of £450K due to the recent placing. Not much progress in 3 years with sales up by only 35% but with losses also increasing by 78%.

Gross Margins: Three years ago I posted that a 16% gross margin was far too low and that they would have to treble sales just to achieve break even. Since then the overhead has more than doubled to at least £2.3m and while the gross margin has marginally improved to 18%, virtually the same equation remains. They will still need to increase sales to circa £12.5m just to reach breakeven. If they make an H2 profit this year that'll be a first but they will need to sustain a substantial sales increase of more than 100% next year just to breakeven.

At 19p the market cap is £12m and even if we assume sales of £5m in H2 they will only just top £6m in sales this year and still be loss making. The placing earlier this year raised £1.5m at 10p but two-thirds of that has already been spent on acquiring the Rehrig assets and they only have circa £400K left. This follows a prior placing of 8m shares at 20p to raise just over £1.5m only 18 months earlier. Since they will have to at least double sales, on existing margins, just to break even (assuming that they can make £6m in revenues this year) it is quite likely another placing will be required just to fund future working capital so yet a further dilution could be on the cards within the next 12/18 months.

I still like the product but am surprised and disappointed at the slow market penetration since they first listed on AIM 5 years ago. The Rehrig products should help to significantly boost sales in North America but a fair proportion of the incremental income is likely to be swallowed up in additional operating coats. They really need to increase gross margins by a minimum of 40% (to an average of 25%) to improve the future viability of their business model which means that they have got to outsource production to a low cost Asian location. However the production cost advantages will need to be significant since shipping these bulky items is not an insignificant additional expense either.

I'm continuing to monitor this company but am still not yet tempted to jump in due to the issues that I've already raised above.

masurenguy
16/12/2009
13:47
I'm not a holder, but well done Supercart
philipm2
16/12/2009
13:01
Nice bounce!
rivaldo
09/11/2009
11:22
Got some of these on a punt - let's see what happens!
rivaldo
12/10/2009
14:31
Price up again!!
turk3
09/10/2009
09:56
>20p looks like break-out territory! nice!
the prophet
09/10/2009
09:22
RHPS gave out a new buy limit of 22p last night, up from 18p - hence the buying today....
stegrego
09/10/2009
08:05
blues, may be news soon, any one has any ideas?Thanks, must be big order?
abbey8
08/10/2009
20:04
Tom Bulford, has tonight in his RHPS weekly email update, told invester's to purchase SUPERCART and has raised his buying limit to 22p.
turk3
08/10/2009
09:17
i hope is not down hill all the way now,need news and contract to keep it going
up hill, finger cross.

abbey8
07/10/2009
15:00
you mean cool?
abbey8
07/10/2009
10:42
finally starting to come good, so it seems;
it has been a long time!

header updated

mikehardman
06/10/2009
10:20
Speculative Buy rating from Growth Company Investor
investinggarden
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