Somero Enterprise Share Discussion Threads

[alotto] 10/5/2024 17:01

Egg I don't have that kind of money

[eggbaconandbubble] 10/5/2024 15:13

Now I would like a takeover offer at £5+.

[alotto] 10/5/2024 14:34

Same for me with IG.

[eggbaconandbubble] 10/5/2024 14:23

FWIW - Jarvis have paid into my account.

[menshiki] 10/5/2024 14:09

ii shows Divi as pending so has been paid but awaiting clearance.

[cwa1] 10/5/2024 13:38

In at ii FWIW

[eggbaconandbubble] 10/5/2024 11:38

Me neither! I use Jarvis.

[rcturner2] 10/5/2024 11:16

AJ Bell paid mine today.

[alotto] 10/5/2024 09:22

I didn't get the money yet. What platform do you use?

[eggbaconandbubble] 10/5/2024 09:10

Payday today!

[alotto] 10/5/2024 07:21

Somero got serious with buybacks. We are close to £1m since the trading update. I hope that's reflecting confidence for good returns and can finally give the share price an uplift.

[alotto] 07/5/2024 14:24

Today seems to be a relatively blue day for the LSE but Somero seems immune.

[alotto] 01/5/2024 13:39

egg, I like that! TBH it happens quite often that the drop on ex-div is bigger than the div payment itself for most stocks.

[eggbaconandbubble] 01/5/2024 12:52

I going to call you alottohindsight! lol.

[alotto] 01/5/2024 11:09

It depends on what you mean by wave.

[adamb1978] 01/5/2024 10:56

I held SOM a few years ago and looked again at them yesterday. Their 2024 guidance is going to make it hard to see a wave of money coming in...

[alotto] 01/5/2024 10:47

Somero is having hard time recovering from the drop of going ex dividend. It was best to sell before the ex div date and buy back at lower price. The benefit would have been greater than holding to cash the dividend.

[alotto] 30/4/2024 20:41

230!?? That's crazy cheap.

[rcturner2] 30/4/2024 20:00

I am holding here and have been since I bought at 230p in 2020. No reason to sell this. Take the dividend and forget about the stock.

[reddirish] 30/4/2024 19:50

Inflation Reduction Act, little to do with inflation, and a lot to do with protectionism. Hence the expectation that it will prompt a burst in the building of industrial infrastructure for re- shoring - though the evidence so far is mixed, with most activity occurring in northern Mexico to take advantage of the lower labour costs there, along with the favourable (zero) tariff regime.

[3800] 30/4/2024 19:43

I seem to remember a while ago someone posting about an American policy that was expected to lead to a large increase in infrastructure spending. Can anyone tell me what the name of the Act is please.
it's the IRA

[alotto] 30/4/2024 19:30

build america, buy america act?

[arthur_lame_stocks] 30/4/2024 16:48

I seem to remember a while ago someone posting about an American policy that was expected to lead to a large increase in infrastructure spending. Can anyone tell me what the name of the Act is please.

[ali47fish] 25/4/2024 13:03

rc can you evaluate stay sell or buy and why

[rcturner2] 25/4/2024 12:32

Somero is a cyclical stock and plenty of investors stay away from cyclical stocks.

I don't think SOM is currently "significantly" underpriced. I reckon about 400p is probably fair price at the moment.