[ADVERT]
Share Name Share Symbol Market Type Share ISIN Share Description
Andrews Sykes Group Plc LSE:ASY London Ordinary Share GB0002684552 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  30.00 6.12% 520.00 490.00 550.00 520.00 490.00 490.00 6,487 13:16:38
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 67.3 15.8 30.9 16.8 220

Andrews Sykes Share Discussion Threads

Showing 2476 to 2499 of 2750 messages
Chat Pages: 110  109  108  107  106  105  104  103  102  101  100  99  Older
DateSubjectAuthorDiscuss
11/9/2018
15:22
New ALL TIME HIGH. NEW ATM FOR ASY ALL IMO. DYOR. QP
quepassa
07/9/2018
11:08
Have to admit I've been dabbling.................can be a bit scarey.
keithfox
07/9/2018
10:55
Silly Really Could have bought them at 610 or so this morning Stock is up 62.5 p or so , middle price , yet only 625p bid or whatever Despite the strong rise in the middle price , theoretically one would only be 15p in profit Still better than a poke in the eye with a sharp stick The joy of Sykes , lol
ignoble
07/9/2018
10:47
Not me , Sir ...
ignoble
07/9/2018
10:42
My word! Nice rise today! Has anyone see what's driven the price action?
valuehustle
05/9/2018
14:40
Tks Keith , always appreciated
ignoble
05/9/2018
14:09
Been trying to buy some at 600p but they won't have it.
keithfox
28/8/2018
10:19
Temps 25 to 30 next week in London and southeast and perhaps midlands etc. OK, not massively hot but still very acceptable for Sept. Some summers don't see that at all.
keithfox
20/8/2018
10:10
I see they reduced the Polar Breeze Plus from £629 to £499 on the website. Still £50 more than I paid last month. Obviously demand has reduced unsurprisingly. Still pretty warm over Europe and London may hit 30 in the next few days, so a bit of warmth still around.
keithfox
15/8/2018
19:48
9% organic growth last year, if it can churn this sort of growth, year in year out (helped by European expansion), with the net cash pile on the balance sheet, then no reason it shouldn't trade in line to a small discount versus larger high quality equipment rental names which are on 18-23x forward earnings with generally zero net cash to slight net debt (from M&A) For arguments sake, 18x my pretty conservative estimate for 38p EPS this year = 684p. I'd be surprised if, as rhomboid suggests, this doesn't now make a clear break out through to new highs
pireric
15/8/2018
14:20
You are right and this year will tell us how the new European depots are doing. Up to now it's been 'in line with expectations' but hopefully this summer will have got things moving. If they start getting towards £30m net funds they could start thinking about special dividends, especially if it's an overall good year. Remember though, any extra cash mostly goes straight to the gaffer and it depends if he wants the cash. 10 years or so ago, he needed a lot of cash to develop his luxury hotels so he declared a 25% (approx) special divi which was very nice! Not seen the like of it since though.
keithfox
15/8/2018
13:33
In the background we are getting European expansion. Thats what could trigger off the re-rating. If you get decent earnings growth tied in with all the exceptional cashflow, roce etc then it deserves a racy multiple. Plenty of companies in a similar position trading mid 20s multiple.
horndean eagle
15/8/2018
12:38
I don't think so, but who knows? On the working week theme, they have made it plain they only hire to companies and not for domestic use (only sales). Most companies are 'working week' mainly so most of ASY's business will be during the working week. OK, some emergency work outside and hires for events/marquees and the like. Very important to get the heat/cold early in the week so that potential hirers have some incentive to hire. If it happens late in the week then it's so much easier to last out another day. Things have changed a bit over the years though as it's much easier to get 5 to 10 days weather forecasts now whereas that was unheard of 10-20 yrs ago. Not sure what effect that has really but I would imagine it would have helped demand during the long hot spell (as well as the media of course!) as the 10 days forecast was going for 27 to 33 most of the time, even near the end.
keithfox
15/8/2018
12:18
Yes, thanks Keith. You obviously know the business/industry very well. Can I just ask is there any obvious buyer out there for them, if they did decide to sell up?
tiswas
15/8/2018
11:15
Thanks for the excellent post Keith..long but good...I think what you have done...holding for years is exactly the righ approach here...the long term growth has been & continues to be v good whilst the quality of earnings & cash flow continues to be excellent..my guess is cash generated in the current period will be sufficient to either prompt a rise in the payout...or more likely a special dividend. The shares have been range bound for a year...I can see them breaking decisively higher if either occurs..or just if the results are as good as they seem likely to be
rhomboid
15/8/2018
11:01
Sorry that was a bit long.
keithfox
15/8/2018
11:01
Been looking at the relationship between the weather and their share price/results for 20 years now. Their share price has been very undervalued for a long time so it's hard to compare things over the years but there are some interesting factors I've noticed (and been told by employees). Firstly, the working week is important. As we know, long cold spells/hot spells are fairly unusual but shorter ones are much more common. If a cold snap started Wed/Thurs and ended on a Monday it would have much less impact on demand than one that started Sun/Mon. Also, British Gas has done a lot of work on weather/demand and it's fairly well known that a marked change of weather takes about 24 to 36 hrs to really have an impact on habits i.e. home power use/central heating. Also, just quoting statistics month by month does not tell the whole story. An average month of UK rainfall may not tell the full story if one particular area gets flooded. With this summer's hot spell, even during periods when things have cooled down further north, London and the southeast (and Europe!) have stayed hot. Also, the longer the heat lasts, the better it is as more and more gear gets hired out, hence they have near enough stopped selling units online and have added £200 to the cheapest one. Also London and the southeast is by far the most important area as far as demand. Lastly, they do occasionally have a moan about the weather but I've never known them say helpful weather is unlikely to be repeated. Who knows, it may be? The world is getting warmer all of the time so these hot spells may become more frequent but I'm pretty sure they won't say it's unlikely to be repeated. However, I am interested to see how they will play the statement in September. None of this helps with the likely share price though! Who knows? What I do know is that I've had these shares for 21 yrs and have no reason to complain. Managed to have several new cars and a house extension out of them and still have the shares.
keithfox
15/8/2018
10:15
Must admit I am no longer tempted to add at this price but do I sell? Interims should be excellent but how much already anticipated in sp? What if cautious statement "conditions unlikely to be repeated". Trade sale, delisting, return of cash? Who knows. Excellent roce, roe, op margin and cast iron balance sheet but a big rerating since early 2016 meaning div yield now a lot lower. Hire fleet in books at £16m after depreciation of £40m so no idea whether this understates value. Double top on chart, fwiw! Tough call.
tiswas
14/8/2018
20:39
*Statistics for this year so far.... January- temperature pretty in line with average. Rainfall 110% of average. Overall meh. February - cold with temperatures below average. Rainfall lower at 73% of average. Average temp below 2.5C, the 4th time in the last 25 years. March - cold with temperatures below average. some snow(!). Rainfall 110% of average. Wettest March in a decade. Beast from the East! April - Cold and wet, with some snow in early April. Quickly shifted. Brief 3 day hot spell. Temperatures eventually slightly above average. Rainfall 119% of average. May - Warm. Rainfall 69% of average. Meh though still the sunniest and warmest on record June - V warm. Rainfall 48% of average. In UK's top 5 warmest Junes since 1910. July - V warm! Rainfall 71% of average. Second warmest July since 2010 9% organic growth last year without any extremes....
pireric
14/8/2018
20:16
Keith, "they don't grow old in this family, they get ancient" I like that, made me smile. M. Murray is as you know something of a legend in his own lifetime and long may that continue.
thorpematt
14/8/2018
20:06
3) Gives marketplace credibility My expectation would be that if ASY ever did want to delist, then they would simply buyout the remaining holders at a decent premium (given the cash outlay is not large), as a reward for holding the stock. To illustrate the point, ASY still periodically buy back shares. In reality, I think you're overegging the costs of keeping this listed. With no broker research to pay for etc and hardly any news releases, I'd be very surprised if the all in cost extended to 7 digits (mid 6s would be my guess). Cast our minds back to keith in 2010 :0) "Just hope there is no thought of delisting. In fact, can somebody tell me why he doesn't delist? Seems daft trying to buy all the shares out there....what makes him want to stay on the stockmarket when winterflood is determoned to keep the share price low and nobody will touch a company with a 90% shareholder boss? Lots of analysts love the company but cannot recommend it because of the share set-up" This is just a very well run business with an equitable family at the helm! Mr Murray has done incredibly well for himself and is a billionaire so not sure cash is an issue :0) Ironically, his other business, London Security PLC is also still listed and that's even more illiquid :0)
pireric
14/8/2018
16:56
Might what happened at BPM happen here? Do we know who is beneficially interested in the trusts and taxation implication on Centenarian’s death.
bscuit
14/8/2018
16:28
Now, now. In fact, they don't grow old in this family, they get ancient as he is near enough 100. They were listed on the main market but decided to cut costs a bit. I suppose there could be a change in the way the company is run when the boss finally hands it over but at the moment it's run in a very fair way with the shareholders being looked after (and of course, the major shareholder!). Has been for the last 30yrs but as you say, it may all change when they sons get hold of things.
keithfox
14/8/2018
12:44
Yes, there have been loads of insider sells over the last 10 years - not.
tiswas
Chat Pages: 110  109  108  107  106  105  104  103  102  101  100  99  Older
ADVFN Advertorial
Your Recent History
LSE
ASY
Andrews Sy..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20211024 19:52:48