S & U Share Discussion Threads

[cwa1] 24/5/2012 07:49

Always good in theses troubled times to have a bit of SUS in the portfolio:-

Outlook
Whilst current trends for the Group's trading are encouraging, the wider macroeconomic environment is not. Hence our optimism is tempered with caution. Nevertheless, continuing to work closely with every home credit and motor finance customer, we are confident of the year ahead.
Commenting, Anthony Coombs, S&U Chairman, said:
"In times of continuing uncertainty our focus on the service we give every single S&U customer continues to reap dividends. We look to the future with pragmatism and confidence."

[gorse] 12/4/2012 15:31

Decided to top up at 740p.

[philjeans] 29/3/2012 07:52

Super results - absolutely super!

One of my best performing long term ISA shares.

On to ten quid.

[cockneyrebel] 28/3/2012 21:35

yes, two interim divis, 11p and 12p

CR

[biggcl] 28/3/2012 21:32

Advfn indicates only 11p in interim divi.Was there more than one?

[cockneyrebel] 28/3/2012 20:46

Paid 23p in Interim divi's biggcl and going to pay 'at least' 16p final divi making 39p for the year 'at least'.

That's a 5% yield at least. Shares have risen 40p since I posted above - it was near 6% when I posted then.

CR

[chrismcglone] 28/3/2012 20:32

biggcl, I was buying not too long ago when they were yielding 12%. How many companies would maintain that without a drastic cut. None?

[biggcl] 27/3/2012 20:59

6% ? are you sure?

[gorse] 26/3/2012 22:13

Have held mine since 25 July, 2005 and I reckon I will have had approx 250p in dividends after the finals.

[cockneyrebel] 26/3/2012 17:27

Results Friday - I've been buying over the past week and a few more today - nearly a 6% yield here at the open this am.

CR

[philjeans] 26/3/2012 16:10

Breakout - on to ten quid.

[chrismcglone] 22/2/2012 19:18

Agree jeffian. share price almost irrelevant to me here and I just wish I could say that about the rest of my stocks.

[jeffian] 22/2/2012 10:01

Very nice but it is a characteristic of this share that it moves on very small trades so could settle back if any sellers are tempted.

[philjeans] 22/2/2012 09:24

Bid coming?

or tip?

[gorse] 22/2/2012 09:22

I feel a bit dizzy!

[philjeans] 22/2/2012 09:19

Whoooooooooosh..................

[lucky_punter] 20/2/2012 00:44

Home and car credit specialist S&U (LON:SUS) saw its shares rise more than 8 per cent today in response to a trading update which showed that business was good over the Christmas period and that its financial results will "significantly exceed expectations".

[jeffian] 17/2/2012 20:16

Actually, it's the elderly non-working family members relying on their dividend income who are the first to sell you down the river! The ones who want to keep it in the family are the working members or those with children who have aspirations to work there. At the moment, Chairman Anthony Coombs (who took over from the splendidly Politically Incorrect Derek, the largest shareholder) is still only 59, as is Deputy Chairman G Coombs with young F Coombs coming up on the inside rail at 43, so I can't see it being sold in a hurry. As long as they go on increasing profits, eps and dividends, I don't care!

[chrismcglone] 17/2/2012 19:39

That will be the key here. So long as there are a few (elderly) family members relying on their dividend income in retirement, little will change.

Passing on wealth will obviously be an issue.

[jeffian] 17/2/2012 13:20

EI,
Although family-controlled, a public listing does create both a value for the shares and an avenue to buy/sell them should they so wish. Private companies save the regulatory costs and public disclosure requirements but consequently are harder to value and would probably only attract a 'trade purchaser' if the family decided to cash in. When we discussed the potential move to AIM last year, we noted that there would have been significant Inheritance Tax benefits whilst retaining a marketplace for the shares and I'm sure that must have figured in their thinking somewhere.

My own view, based on personal experience of family-controlled public companies, is that they are unlikely to sell whilst family members have an executive role in the company but that can change when/if there is no family representation and the company is run by 'professional managers'.

[chrismcglone] 17/2/2012 11:55

And you could have bought these with a 12% yield 3 years ago. And how many 12% yielders don't result in a cut in the divie.

[essentialinvestor] 17/2/2012 11:23

Chris yes I am aware of the AIM consultation last year.