S & U Share Discussion Threads

[philjeans] 05/4/2006 19:05

'Allo, allo, allo......what's all this 'ere then?

Rose on results; fell back hard on profit taking; all quiet today until about 3pm and then a flurry of buys (mostly smallish) pushing the price up by a very welcome 42.5p!!!!!!

Who's got the story?

tipped?

[philjeans] 30/3/2006 12:07

Could be a breakout in prospect, if this continues to run; they should be over eight quid anyway based on fundamentals and comparison to its peers.

Not much free float so any buying is highly geared to the s/p.

[taylor20] 30/3/2006 11:03

Alas, there are always dips ;-)

But I wouldn't be too sad if the shares enjoy a re-rating. CTT, LSB and PFG seem to be enjoying one, SUS seems to be the only laggard left in the sector.

[gorse] 30/3/2006 09:56

"One to pick up on the dips."

Given the directorspeak, I'd hope that the only dip is one of 22p or less on xd date.

[taylor20] 30/3/2006 09:47

Agreed, solid results pretty much as expected, although I'd hoped the second mortgage operations would be starting to contribute around about now.

One to pick up on the dips.

[philjeans] 30/3/2006 09:41

Yes - reliable and solid earnings after a difficult year. Maintained divi, giving an excellent and fully covered yield but still allowing very useful retained earnings in the balance sheet.

No mention of the Coombs family increased share holding but I still think it's a strong possibility they'll take it private.

Either that or a high street bank ; sound implausible? What about HSBC's massive take out of America's Home Credit operation?

Looks a very solid hold for me.

[verynervy] 30/3/2006 09:20

Good results in a very difficult market - very close to last years record levels.

[speed camera] 24/3/2006 15:22

Well up - the results must be imminent

[speed camera] 16/2/2006 16:10

Management buyout?

[philjeans] 16/2/2006 12:51

Good to see this slowly, but steadily, pushing on towards a sensible valuation (£7 or so) following the huge share purchase by directors last month.

Expect an announcement with the results.

Bags to go for here yet.

[gorse] 27/1/2006 12:43

I picked up a few more yesterday morning ... I don't think a £1.8 million share purchase should be ignored.

[philjeans] 27/1/2006 12:37

Take-out price would be nearer £7 than £5, even though they already have large family holdings: next figures will be very good.

[remraf] 26/1/2006 20:42

A disillusioned Mr Coombes after poor support from the city could well be looking at taking it private - I remember a Mr Matthews being treated the same and SUS is no turkey! - I say 'Bootiful' and now is not the time to be selling!

[verynervy] 26/1/2006 08:59

I totally agree!

[philjeans] 26/1/2006 08:27

Well, there's a real show of faith - Derek Coombs buys £2M of co shares! He personally now holds 24%.

What a great commitment - he obviously thinks it's a good investment and a good time to strike. Dividend yield already excellent and set to rise.

The family now have a HUGE holding here - shares are very thinly traded elsewhere.

They could very easily take it private of course.

I'm topping up!

[jeffian] 15/12/2005 12:34

Yes, that's what I assumed but on reflection, maybe SUS's Advantage(?) car finance business will pick up extra customers if Yes has ceased trading. Provident paid a fair old whack for Yes (most of which they've had to write off now) whereas SUS built their business from scratch and grew it organically, so no great capital burden to carry. Or is the market just telling us there's no money to be made in poor quality/high risk lending? Can't decide which.

Regards, Ian

[taylor20] 15/12/2005 09:54

I was hoping the market would take it as a warning, and knock the price back a bit, but SUS is so thinly traded it didn't even budge.

In contrast to Cattles [CTT] which was down over 5% yesterday.

[jeffian] 15/12/2005 09:38

Is the demise of Provident Financial's 'Yes' operation a warning or an opportunity for SUS? Any views?

Regards, Ian

[philjeans] 23/11/2005 15:46

Breaking out suddenly, but surely today ; news coming?

[verynervy] 22/9/2005 08:25

cattles showed growth but reported conditions tough - this is still held back by possible outcomes of enquiry - and fall today probably due to pesimism after cattles results - but this is better - few trades have caused the big fall as usual

[owenski] 17/9/2005 22:06

any current views on this un

[jeffian] 11/7/2005 13:15

Looking at the trading patterns that accompany share price movements, I think this is just a reflection of how illiquid the stock is. Even quite small buys/sells move the price.

Regards, Ian

[verynervy] 08/7/2005 15:48

See this one as approaching a good buying opportunity!!

[remraf] 01/6/2005 16:44

Misunderstood what FSP said, removed from their holding list so presumably everyone sold after take profits advice. Nothing adverse at AGM, so I'm still holding.