S & U Share Discussion Threads

[arthur daley] 05/9/2002 23:30

What does anyone make of the negative cash flow for three years?

[westcountryboy] 05/9/2002 21:36

Presumably what is causing these big falls is the fact that the market is rating it as a financial stock, with exposure to dodgy investments - in the same boat as the banks etc. I would be curious to know what effect wider financial strains will have on S and U. My hunch is, not as much as the market is crudely assuming, but I have no evidence for this.

Cheers
WCB

[cockneyrebel] 05/9/2002 18:10

Yep, I still haven't worked out how net buys of around 800 shares causes this to be marked down other than the sheer illiquidity of it.

But the good point is these mm's are so keen to sell by marking down that they then find themselves desperately short of stock when craking results are published again - and then the iliquidity works in the holders favour.

Seen it with so many illiquid small caps of late - just waiting for the pre-result bounce now.

CR

[cwa1] 05/9/2002 16:27

AN ANNOUNCEMENT OF THE HALF-YEARLY RESULTS WILL BE ISSUED ON THURSDAY
19TH SEPTEMBER 2002.

[andysand] 05/9/2002 11:58

Scary times on the stock market at the moment. Just have to hold on and wait for the inevitable bounce!

Andy

[andysand] 03/9/2002 16:11

I take your point. However, at the end of the day, the family started the business to make money. A sale now (which would have to be at a decent premium) would make them very rich. One of these days, it is not unlikely that they will say, 'ok, that's enough, lets enjoy the fruits of our labours', and sell the company on......possibly to Cattles, leaving them to enjoy the rest of their lives in comparitive comfort. It's all speculation of course but the the share price can't stay this low for ever. Sooner or later, as eps keeps growing, the share price will reflect the value of the company.


Andy

[jeffian] 03/9/2002 15:29

Andy,

With the Coombs family firmly in control of both the executive management team and the lion's share of the equity, I have to disagree with your hypothesis that a takeover or MBO is on the cards. The extent of both executive and shareholder power in a few family hands is also probably one of the main reasons the market is unlikely to re-rate it substantially. The City hates family-run businesses where majority shareholders can resist the urge of institutional shareholders to meddle and apply pressure for short-term gain (e.g. Young's Brewery to name but one).

However, that's not to say that one shouldn't invest in this well-run growth company. I did some time ago and I'm more than happy for the management to concentrate on the one and only issue they can influence directly - to ensure that sales, profits and earnings per share go on rising (I wish more managements did that!) and let the share price look after itself. If those key drivers continue in the right direction, the share price will surely follow.

Regards, Ian

[andysand] 03/9/2002 13:30

Don't know about the next few weeks but there is no doubt this share is a winner. I've researched this as thouroughly as it is possible to do and gone through the aaccounts with a fine toothcombe. I have found nothing to be concerned about. Just great management and a superb business. I still have a price target of 750p. It will either be taken over at this price, taken private, or get it's re-rating. No one knows when this could happen of course but i would guess within 9 months. September is always a terrible time for markets but with the (safe) yield underpinning the share, there is little to worry about.


Andy

[longphil] 07/8/2002 15:57

I'm full, so you can stop selling now folks. Like anysand, I suspect it will move fast when the time comes. Within 3 months? That would be nice. Whenever. My other hobby is watching grass grow.
Phil

[andysand] 06/8/2002 21:43

Technicals are fine now. Reverted to trend line so bought 5000 today. to be honest, i'm suprised iwas able to do this as i expected it to get to around 700p by now but i sold last lot at 580p. The company HAS been noticed.....just stock market jitters keeping it back. it's still fairly illiquid although it's improving now. I would expect to make a considerable profit from this within the next 3 months. Which day? Who knows but when it goes, it goes fast!

Andy

[stewjames] 06/8/2002 15:18

Interesting little company. They've steadily improved earnings and dividends for just about as long as it takes most companies to nearly go bust twice yet the market seems not to want to give them any credit. What makes you think that'll change, ydderF? Any particular trigger or a slow realisation?

Looks a reasonable punt prior to the interims in September.

[ydderf] 06/8/2002 15:03

Keep selling please!

[hectorp] 06/8/2002 13:10

Want to see a wobbly jelly drawing ? Yes?

- Look at the 6 month chart - LOL!

where will it stop falling? 360? where is the floor?

[biggcl] 06/8/2002 11:55

Anyone know why this stock is dropping? It has come down from £4.80 in 3 days?

[the big fella] 29/7/2002 13:49

Post removed

[ydderf] 29/7/2002 13:13

tried to buy 2.5 @ 4.80 and the market maskers declined - well, the way i see it, i'm the only buyer in town, so they will have to play ball eventually...

[the big fella] 29/7/2002 11:21

You now have your wish!

[ydderf] 28/7/2002 10:42

Chester copperpot - let's hope it continues to fall - under a fiver would be even better......

[chester copperpot] 26/7/2002 20:42

is a fiver agood price to get in @ freddy?

[ydderf] 26/7/2002 15:53

looking irrestistable again, prospective p/e 8.5, prospective yield nearly 7% and it is growing its profits!

[egoi] 09/7/2002 13:08

Very promising business, still with growth to come. Have a look at much smaller rivals PCF, and the current new issue from Ruegg, Britannia, in the same field, with low p/es and high growth prospects.