S & U Share Discussion Threads

[jadeticl] 22/9/2011 09:18

In my long list of Stocks to Watch this is the only stock in blue this morning, thanks to a very good set of half-yearly results. A 10% hike in divi is very welcome. What a great little company. I should have sold everything else and put 50% of my portfolio into SUS when they were below 300p!!!

[philjeans] 22/9/2011 09:17

Great results there this am - and another increase in the div - the first of three this year I believe!

Steady as a rock and moving inexorably towards £7 - and then £10.

One day the Coombes family will receive a knock out bid they can't refuse; but I'm happy to hold until then.

Well done guys.

[philjeans] 10/8/2011 09:31

Yes - very reassuring statement.

Glad I didn't sell in the panic - happy to hold in my ISAs LONGTERM.

It'll steadily get back to £7.

[plasybryn] 10/8/2011 07:30

Nice solid update with good news included.
1. They will stay on the Main Market (had considered going onto AIM). Good news.
2. Trading in line with expectations - good
3. Motor finance: impressive start to year - good
4. New Branch in Derby & actively exploring ways to further expand business - good
5. Strong cash flow - good
6. Paid off £2m of loans & reduced borrowings & gearing to 40% (51%) - good
7. New flexible bank facility which will mature in April 2016. Headroom increased - good
8. Improvement in impairment - good

[this_is_me] 13/7/2011 11:43

Yes it is a good company, but no longer a compelling investment; this is why I sold out at 650p, having bought at around £3 around a year previously.

[aim_trader] 13/7/2011 11:04

10:26 am
S & U pleased with progress and looking forward to good half year
In an interview with Proactive Investors, Anthony Coombs, chief executive of S & U, the niche money-lender, described the company as recession resistant and said he was pleased with how the firm was progressing.

[chrismcglone] 23/5/2011 17:38

Also disappointed jadeticl but also tend to think it is part of a wider IHT strategy for the majority family holders.

[jadeticl] 23/5/2011 11:47

Perhps you are right jeffian. I believe the Coombe family do hold more than my family!!Pity because this has been a very good share for us and we had planned to hold for the long term.

[jeffian] 22/5/2011 22:37

I understand your concern jadeticl but I wonder whether this has something to do with the Coombs family's substantial shareholding. AIM stocks are exempt from IHT.

[jadeticl] 22/5/2011 22:14

I AM DEVASTATED THAT THEY ARE THNKING OF GOING ONTO AIM. This means I will be forced to liquidate after spending years moving all these share into family ISAs. I have written to the company to comment on this. I guess that is why the shares have fallen 40p since the announcement.

[plasybryn] 13/5/2011 08:41

Anyone going to the AGM? Report back?

[pugugly] 13/5/2011 08:04

Once again a very positive IMS + a very quiet thread. A wonderful combination. Just good well covered div and consistent capital growth.

[jadeticl] 24/3/2011 19:05

These have doubled for me on capital alone--and I have had good value additonally in divi. As you say Plasybryn--a little gem.

[plasybryn] 23/3/2011 16:31

What a little gem.

[gorse] 23/3/2011 16:27

Dividends - since buying in July 2005, I've had approx. 240 pence per share in dividends (including this year's final 16p).

[whilstev] 23/3/2011 13:00

A great company for dividend lovers

[gorse] 23/3/2011 08:10

Have held this since July 2005 and am happy with this progress.

[philjeans] 23/3/2011 08:05

Happy with that - great result.

On to eight quid this year.

[pugugly] 23/3/2011 07:53

If only Anthony had been responsible for running the finances of UK plc, the country would be so very much better off.

I think all shareholders owe a vote of thanks to him and his team for an excellent job well done.

[cwa1] 23/3/2011 07:30

Results out:



Anthony Coombs, Chairman of S&U commented:

"Once again I am pleased to announce a strong set of results. I am confident that our uniquely close customer relationships, constant search for growth and a prudent approach to funding, will ensure further good performance for the Group in future".

Almost had to wipe a tear away:

Our current trading, albeit in cautious markets, reflects this hard work and I am confident will continue to do so. By ensuring that "Every Customer Counts", your Board and myself aim to ensure that S&U remains Britain's Best Home Credit and Motor Finance Provider. Greater rewards for shareholders will naturally follow.

Makes yer proud ;-)

[philjeans] 22/3/2011 12:59

Up again strongly today - figures should be good!

[cwa1] 21/3/2011 14:50

Modest improvement recently. Run up in to the results perhaps?

Hoping for a steady if unspectacular release in a couple of days time. Fingers crossed.

[hieronymous1] 13/2/2011 18:23

Sharescope figures for the dividend are 35.14p in 2011, 36.79 in 2012 and 41.2 in 2013. Profits for the same years are £m9.7, 10.21, 11.1 with all the caveats about accuracy to decimal points. That looks to me like 6.2% if the company goes ex-growth and the present price is held to 2013. (632.5/41.2).

[jadeticl] 13/2/2011 13:42

This is certainly a strong hold, but is it a buy for those of us who hold stock already? At this price what is prospect of much higher SP? And at this price what is prospective divi yield?

[philjeans] 11/2/2011 08:00

Luverly jubberly!