S & U Share Discussion Threads

[jeffian] 29/3/2007 12:20

Yes but it's time they got the profits moving forward or they won't be able to do that for ever. Earnings per share are no further forward than they were making in 2002 and they've been either down or static in every year since, so divi increases are simply being funded by reduced cover. It shows in the increased gearing too. I don't mind high yielding/low PER shares as long as profits grow steadily, if unspectacularly, but when profits start to slide back, watch out as 10+ PER is too high a 'R' if the 'E' is going backwards (see Metalrax MRX as an example).

Regards, Ian

[philjeans] 29/3/2007 12:20

Excellent figures again and increased divi - just bought some more for my ISA this year.

Despite a general problem of bad debts, their asset quality is "excellent" and all cylinders firing sweetly.

It'll be bought out eventually but meanwhile, solid as a rock and yielding fantastic income growth.

[dd776] 29/3/2007 11:19

Tidy results like the confidence to increase the dividend

[jadeticl] 12/3/2007 23:37

Will problems on Dow with sub prime lender be reflected in SUS share price tomorrow?

[chrismcglone] 08/3/2007 09:41

Nice wee steady climb back toward the £6 mark.

[philjeans] 02/3/2007 14:13

Long established niche business with high margins and sporting good yield.

Successfull low tech cash cows will never go out of fashion! This one seems to run a regular cycle and we're back on the "up" cycle!

[chrismcglone] 02/3/2007 09:16

Had simply fallen back too far IMO meadow50. I think we are simply seeing a bit of a correction.

Even though it is a small illiquid company, that juicy dividend is bound to support a reasonable valuation.

[meadow50] 01/3/2007 17:10

Up again.Any reason?

[chrismcglone] 20/2/2007 15:23

Noticed an article yesterday re Labour promising a crackdown on loansharks.

The legit door to door lenders would obviously benefit from this. I think Government would prefer a regulated doorstep industry with high repayment rates, as opposed to a criminal one with extortionate rates - and the threat of violence.

If anything i think the Government will realise that creating an environment which helps the legit operators can only be a good thing. Regardless of the perception this area attracts.

A necessary evil i would say.

[philjeans] 20/2/2007 12:07

Steady progress here; high yield and excellent record over the years.

If and when the family decide to cash in their chips, this will rocket!

[jeffian] 20/2/2007 12:06

.....and again, but as chrismcglone says, it's such a tightly held stock it doesn't take much to move it. If a few sellers are tempted out, it'll do exactly the same in reverse, I fear. I'm waiting to see how the year pans out after cautious interims.

Regards, Ian

[jadeticl] 19/2/2007 21:47

May be only a few buyers but more today than in previous 10 days I think. Perhaps if ten of us buy tomorrow they will go up another 30p.

[verynervy] 19/2/2007 16:51

Looking for another rise tomorrow!

[chrismcglone] 19/2/2007 10:22

Yep, haven't had one of them for a couple of weeks.

Anyway, back to the share price Any reason, or just a wee bit of interest from a few buyers. It doesn't take much after all to move this price.

[jeffian] 19/2/2007 09:18

Lucky you!

8-)

[verynervy] 19/2/2007 08:57

Nice jump this am!

[chrismcglone] 15/2/2007 19:18

Thanks GJ2. No intention of selling this. I like family run, tightly held companies. The owners interests are aligned very closely with the shareholders. Less chance of wasting money or taking the eye off the management ball.

Long term however i am quietly hoping that as the 3 main men get on, retirement looks inviting and a buyer is either sought or comes calling.

In the meantime, the 6.3% divie will keep me on board. Especially if base interest rates have peaked.

[gj2] 14/2/2007 22:37

chrismcglone : Next divvie has not yet been announced, however assuming last year's events are repeated, next divvie would be 22p paid 2/6/07, Xd 3/5/07. (Last interim divvie was 9p paid 10/10/06, Xd 11/11/06)

philjeans : at last - an upturn - sunshine after the rain ! Just hold on !

[chrismcglone] 14/2/2007 22:04

Anyone know when the divie is paid or when this goes ex-div? The weekend FT had its annual schedule of results and dividends but i couldn't see it.

[philjeans] 14/2/2007 08:11

Looks to have found support and a few buyers. Will start the long climb back to six quid now.

Good yield AND capital growth prospects. Stick THIS in your ISA.

[chrismcglone] 09/2/2007 10:14

Bought this on the last dip. Have only held for a few months so not long enough to judge too harshly. However, what you say re the yield taylor20 could be true.

Why risk your cash for 6% when you can sit it safe at the same rate. I don't like the way it appears to be forming a down trend.

[taylor20] 07/2/2007 13:48

I guess the 6% yield doesn't hold much attraction if you can get the same in a cash ISA at the moment.

Vague possibility of a trading statement soon?

[purplerain2] 07/2/2007 11:38

on a downward trend!

[hifkdmer] 27/11/2006 06:44

interesting that this is not just a one off.
Thinking the MM's are up to something with this one

[chrismcglone] 26/11/2006 23:09

My trade doesn't appear either? They normally pop up eventually but not this one.