S & U Share Discussion Threads

[cockneyrebel] 31/12/2001 14:23

Freddy - looks like I'm steaming away - CCG up another 13.5p, you been buying more? :-)

You make the mistake of lumping CCG with TMTs, if only they were and traded on a similar PE. But CCG currently trade on a PE going forward of 11 - cheap. How are they any less marketable than SUS? Since Christmas eve, 3,600 shares have traded and the stock has risen 3% from it - CCG is more liquid 78,000 shares traded over the same period.

Alf:

Currently the most exciting stocks in my portfolio are:

Hornby: HRN historic PE 12, EPS growth 75% this year, 4% divi. Great story of a company that has turned around and has been batted into shape.

Theratase: THE, PE 11, good 4 year record, moving on Jan 1 to FTSE New Biotech index and to to the new biotechnology sub-sector of the FTSE pharmaceutical sector. Results on Jan 14, already stated in line, big deal with ISTA should be announced soon and will double sales.

Profile Media: PMD. A media company but not hit by the media slowdown. On a PE of 5.4 for the year to June 2002, showed 100% growth at the last results statement. A niche publisher that has not been hit by media slowdown but could fly if the media stocks come back in favour.

Clarke.T: CTO Electrical contractor providing, constructing wiring in some major projects. Won some big ones in H1 including CSFB New Tower, Canary Wharf,
Gateway, Newcastle Upon Tyne, Deutsche Bank, Hayes Data Centre, Hartson Mill, Cambridge. So awash with cash it paid a special divi in H1. PE 8 for this year, 7.6 going forward but likely to nbeat substatially. 6% divi yield too.

Intrlink Foods: ITF. Cake makers, PE 12, a 5 year record of circa 50% earnings growth or better, interim results Jan 14, already said Q1 pre-tax up 52%.

Proactive Sports: PAS. Provision of management and marketing services in the football sector, to both players and clubs, and the provision of world wide corporate hospitality. Pretty exciting as it seems that the city can't get its head around this one. They earn a lot of their money from fees from soccer player transfers. As soccer clubs don't make money in general then they seem to be tarnished with this. But clubs don't make money because so much goes in transfer fees, and PAS get a cut. Andy Cole - right up your steet - former toon, transfered this weekend and PAS are his agent - should be a good earner for them - they manage over 100 players, Kevin Moran, former Man United player is a director. They also do corporate hospitality.

I hold all of these in my long term holdings with a few more that I trade and some other long termers and some more risky stocks.

Hope you find them interesting.

CR

[ydderf] 28/12/2001 20:46

wait a little and there will be a ccg buying opportunity lower down, the problem with unmarketable shares is that they are very vulnerable, just watch what happens the next time the market falls out of love with tmt......probably some time in january - meanwhile the market will wake up one day to this (sus)growth stock in a proper business.....probably at the interims or finals next year, and chase it up to 8 quid

[cockneyrebel] 28/12/2001 19:24

Only meant as a bit of fun Alf.

I do actually think SUS is a reasonable stock, like you say, a bit of a safe haven.

But dear old Freddy is a major 'own trupet blower'and lives in a bit of a fantacy world where he thinks he is rather good at picking stocks and nobody else is.

Actually CCG is a local company to me (you could spit from my old house and hit their offices), they have done work for me too. So I am a bit closer to them than most shares I buy, always handy, I can count the new BMWs outside their place, increasing rapidly. I only wish I had been aware that they were quoted on AIM sooner. In @ 167p late October.

SLM is interesting, been on my watch list for a bit now, since some recent director buying. I missed a couple of recent dips to buy in but am tempted to have a few, would have been nicer @ 29p mind.

CR

[alfwilson] 28/12/2001 18:19

CR

You should be more tolerant of the opinions of others. Of your 3 options CCG looks the best bet (you really should explain how you choose your selections). In these volatile times SUS is a safe haven with a nice divi. CCG should do better ... but also has the potential to disappoint (just like the Toon ... still top) certainly by July ... if you are into that sort of thing you could take a look at one of my favourite holdings SLM, which I started buying on the 11 Dec 2000 at 29p(now 76.5p). I look forward to see how things turn out with CCG/SUS.

Alf

[cockneyrebel] 28/12/2001 17:11

Blimey Freddy - up 5p since I took you on - SUS hasn't risen that much in 6 months LoL! 227p to Buy - a stonking bargain - 650% EPS growth, and both stocks on similar PE's - amazing.

Look forward to you being 50% behind come CCG's results mid Feb :-)

The Rebel

[cockneyrebel] 28/12/2001 13:51

Oh look, CCG going up already - I guess you took my advice and bought some Freddy :-)

[ydderf] 25/12/2001 20:59

but boring is boring, muppets prefer to have fun and trade frequently, even if they lose money, they like to dream of the time they saw their arm go up x000% then back down again - they will sell at the top next time won't they.......

[philjeans] 25/12/2001 18:43

Just solid earnings from lending people money - you can't beat it! Especially when you charge very high interest; have people clamouring for more; keep making profits EVERY day of the year (yes, that's right, they are are still charging interest today, and tomorrow! even when theyr'e not at work) and are now building up a very profitable sideline to the same customers in car finance and insurance.

What can go wrong? We have a consumer boom; customer base is wide spread and bad debts are kept well in check; T/o increasing rapidly but overheads under control. They borrow at the lowest rate of interest for 40 years and charge their clients very high rates.Competition is strong but not a problem for this long established and well managed family business.

To cap it all, share price is rising strongly over the past year, yield is great and growing. I wish my other holdings were as dull and boring as this one - I could end up rich!

[ydderf] 25/12/2001 17:36

there is barely a market in sus,trade is so thin and dominated by one market maker who is doing little more than matched bargains in effect, that's a problem - for some - remember warren buffet saying he would be happy if stockmarkets closed for a few years and he couldn't trade his major holdings - that's how i feel about sus, trouble is most here are muppets who are trading glorified housekeeping money and can't really ever take advantage of long term power houses like sus etc

[cockneyrebel] 17/12/2001 00:33

Freddy, you never learn. Your arrogance probably puts people off buying the stocks you aspouse.

up 30% since March is good but I'm slaughtering that.

While you're bragging about your mediocre performance some of us are quitely making money. You've sold Hornby too early, you bouch MCF and OML well too early.

If you wear flares eventually fashion will catch up with you. Shares are the same, most that you hold will rise at some point and you'll look like you are a winner - look like.

If you had held these since May you've made zilch. You could have held high PE stocks with real potential growth and made more. The best that can be said for this stock is that it has remained pretty steady over the last 6 months where a lot have dipped.

Nows the time to be looking at more exciting stocks and getting out of SUS. It has held its own but I would have been out of this in September and into some of those that have been hit after Sep 11.

Get into something like CCG imo. 220p to buy, 23p eps next year according to Charles Stanley, and 678% eps growth in H1, pays a divi, good balance sheet. A single digit PE and real growth - will probably beat 23p earnings next year quite easily.

What newsflow do you get from SUS? None. This isn't going anywhere until a month or so before the next resuls in April - I'd wait to buy and have my money somwhere more productive in the meantime - CCG results early Feb.

[ydderf] 16/12/2001 11:12

still no interest in this quality stock - i think you are all bonkers - no wonder you have all been hurt over the past couple of years, unlike freddy who is up 30% since march this year for example - i won't embarrass you with my 24 month performance, but you could all learn a thing or two from the master....

[ydderf] 01/12/2001 16:51

another ace for freddy - how do it do it?

but wait! its not too late!

they are still on single figure p/e and 5% plus yield and growing at......well you can work out the peg yourselves, but be careful when you buy this, the market is very thin

[alfwilson] 02/10/2001 18:58

As a result of the 11th Sept ... I sold all but two shares ... many of them with better growth prospects than SUS ... but I have held on to SUS ... it is a rock in the storm and or course there is the divi.

[pottsy-baby] 02/10/2001 11:03

Lovely picture. Let's hope the price lurches through its 425p glass ceiling and sucks in all those lovely technical traders who'll pick it up on their Indexias.

The MMs have dropped what they'll pay by 5p (they don't want any more), but are still asking 430 for what little they've got (they want it all ways!). Not many takers i'm afraid. Might be time to take 10% and get back on at the bottom!

... or will the loyal fan base defy those bearish MMs, hold on to the supply and squeeze the price higher? Come on lads, don't crack. If the demand picks up, the MMs have so little stock in their cupboard we can hold them to ransom and ride the wave!

[philjeans] 29/9/2001 20:18

This chart looks very exciting; built a strong platform from which to reach into new highs shortly. MMs short of stock (as usual) and small bargains result in extraordinary price swings. Results were first class and have steadily improved for several years; the future looks even better for this high margin, low risk business model. Solid little company which is fast attracting fans through its brokers. Happy to stay in for the ride!

[flagon] 16/9/2001 00:53

This is what I like to see - a very quiet board, sound fundamentals, good technical action and results looming.

Interim results for this consumer credit and car finance company are due this wednesday - they should be good. At the recent AGM on 12th June 2001 the chairman made the following statement - "The results for the first 4 months trading look very encouraging and we anticipate another very successful year."

On the 6th June 2001 Bell Lawrie White issued a buy recommendation for this stock and forecast the following figures -

Profit Eps Dividend
2002
£8.3m 49.5p 26.3p
2003
£9.2m 56.7p 28.9p

At the current price of £4.00 this translates to a forward PE of 8.08 falling to 7.05. A PEG of 0.57 and a chunky yield as well. Is this necessarily good value ? Well let's see. There are 3 main quoted competitors to S&U namely Cattles, London Scottish Bank and Provident Financial. Their consensus forecasts are as follows -

Cattles(250.5) 18.2p 20.9p PE's 13.76 11.99
Lon.Scott(115.5) 8.39p 9.44p 13.76 12.23
Provident(650) 50.7p 53.9p 12.82 12.06
-------------------------------------------------
Average 13.44 12.09
S&U(400) 8.08 7.05

So on a PE basis S&U is trading on a significant discount to its peer group even though its forecast growth rate exceeds the average of its competitors as well. In terms of share price performance this year S&U is the only company in its peer group to show a gain -

Cattles -0.6% PEG 1.35
LSB -2.12% 1.3
S&U +14.61% 0.57
Provident -34.28% 1.95

Car dealers have been one of the strongest performing sectors this year as punters flock back to the forecourts - this should be good for S&U's motor vehicle finance subsiduary.

Poster philjeans above speculates on a price of £6. Well at that price, some 50% higher than the current one the forward PE would be 12.12 - still less than any of its competitors.

At a time when the world economic picture is unclear S&U has defensive attractions but this would not appear to impinge on potential share price performance.


Good luck,


Flagon

[pottsy-baby] 26/6/2001 10:22

Nice business model, nice PER, nice PEG, low gearing, love it when they yield too!

Could really take off if they start attracting interest from the institutions.

PS.
If you like a high yielding share check out (LTS). They're old-tech/high yield!

[dil] 08/5/2001 22:48

interesting

[philjeans] 08/5/2001 20:45

Totally agree; a gem waiting to be discovered.

Business is well run and has conservative accounting; fundamentals are very appealing and the new brokers are bringing its charms to a steadily increasing number of keen clients.

Price is definitely on a rising trend now, as as you say, and a few buys sends the price into orbit. I'm waiting for £6 by September.

[ydderf] 26/4/2001 00:21

it might be worth a re-visit - they have a new high growth division providing motor finance - vrooom vrooom !