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Share Name Share Symbol Market Type Share ISIN Share Description
Safestyle UK LSE:SFE London Ordinary Share JE00BGP63272 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.65p -1.83% 88.45p 88.10p 88.80p 88.90p 88.00p 88.00p 11,247 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 158.6 10.8 13.1 6.8 70.97

Safestyle Share Discussion Threads

Showing 1051 to 1074 of 1075 messages
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older
DateSubjectAuthorDiscuss
21/11/2018
08:38
Some very interesting points there, thanks MThom. I do think though, that the average buyer and not investor will (generally) buy from the known name, and be blissfully unaware of the recent events regarding Safeglaze. If I wasn't watching the share price then I wouldn't have had a clue about recent events at all. It seems that before Safeglaze came along (and not from nothing but from very strong positions within the industry) that Safestyle was doing quite well. I would personally say that there has been some panic selling, and it looks as though it was triggered by very small volume sells that I imagine tripped a lot of stops on the way down too. There is room for massive recovery here now, and huge incentives for the people involved to get it right. Definitely given me a different perspective on it though and a few things to look into, thanks.
squarepeg86
21/11/2018
00:09
A few things playing out. The Safeglaze fiasco appears to have backfired. Safe Glaze's sudden demise has left the industry in turmoil and with a bad taste in the mouths of unpaid suppliers and homeowners left with installations unfinished and deposits lost. Mizra's safe harbour back in the Safestyle fold has landed Safestyle with a whole bunch of bad will and tarnish. The mess Safeglaze has left behind is now seen by the industry as being Safestyle's doing. Suspect sales are being hit as a result. A company called Warmseal stepped in and has bought the Safe Glaze order book from administrators, likely they will be making sure the market knows that Safestyle is now defecto Safeglaze now that Mizra and his team are back at the old firm. It's a strategic misjudgement and tactical blunder of epic proportions. See DoubleGlazingBlogger for full details. Second and more serious issue is one of the business model. Many believe it is now outdated, flawed and obsolete. The canvassing model, selling 'buy one get one free' 'buy now pay next year' etc has gradually reduced margins to unsustainable levels. Safestyle has no competitive edge that is grounded in higher margin value added products. They are not a systems house, they have no exclusive or innovative products. They invested heavily in a state of the art manufacturing capability geared to high volume low margin standard white line products, they neglected innovation and product design and development. The fact that an upstart can come from nothing and within a year cause so much disruption shows clearly how fragile and susceptible they are. Those in the know, understand, that they will come under attack again (maybe from Warmseal). Unless they change their business model and strategy, then the handwriting is on the wall. Worryingly, they have stated recently that they believe their business model is sound. This has been seen by many in the industry as naive and demonstrates a fundamental lack of understanding of their business, their products and their markets. Unless they find a suitable merger with a suitable systems house who has a portfolio of ready developed high value product offerings that they can sell to a changing consumer base then there may be no way upwards for them. . Good news is that such potential systems houses do exist, but it will take a change of strategy at Safestyle and possibly a change of leadership to move in that direction. In the meanwhile, I wouldn't hold this stock in the hope for a return to 2016 levels. Only my analysis, but I don't think it's far off the mark.
mthom
20/11/2018
21:55
Hopefully! Been quite a large % drop over the last couple of days. I agree, they are a bargain at this price, I bought in at 40p but topped up by far more at 94p so not too happy with the current action but I will hold as I can see these flying again.
squarepeg86
20/11/2018
20:47
mitu mizra? back on board . awash with money. his gang are all back so these are a bargain imo.
tobyteddy
20/11/2018
18:07
Seems to be being walked down on very small trades, lots of double and even single digit sized trades followed by large after hours buys. Noticed the same yesterday too. Hopefully somebody is building a stake. Any views?
squarepeg86
16/11/2018
15:49
I don't understand it either but let's hope we see another soon with directors buying in the drop. I noticed there's a 1 share trade at 14:58...
squarepeg86
16/11/2018
15:08
Has anyone an opinion as to why the positive RNS last Monday (RNS Number : 0621H) had no influence on the price, or am I missing something? Thanks..
flybird
07/11/2018
21:01
As far as l'm concerned, as from this point on, there will be a recovery. All the managers are back at their desks all the salesmen are back selling, and all the fitters are back fitting! A major competitor has been taken out...with a big bung! and everyone ,all self employed btw are there to make money . within a year , this will probably be back to where it was.
tobyteddy
06/11/2018
04:55
I agee Flybird. It is generally a mistake to reward great sales people by promoting them to managers, for which they need a different skillset. far better to remunerate them well for sales targets achieved. for now, I have confidence in the ability of the new ceo, and I am sure he is well aware of the pitfalls and is watching carefully to ensure mistakes are not repeated. at this level I feel sfe is undervalued as investors are naturally wary after recent events. only trading results will move the price i think
shaker44
06/11/2018
04:35
Apparently they were never trained to be managers they got the job usually because they could sell or were in the right place at the right time, now then, the old school HO "managers" have all gone and we will wait and see how the new guard develop all the branch managers in terms of doing the right thing for the customer whist hopefully upskilling the sales reps, that said you could easily prove me wrong, here's hoping lol
flybird
05/11/2018
19:37
I'm not saying it won't go higher. It may well do. It's just that this is not a stock that I would be prepared to own. If you are not prepared to hold a stock long term, then don't even think about holding it for a few weeks. Quality score for this company is 5/10, at best. It's been run by Managers that have shown a lack of integrity, and now the bad boys are back!
topvest
05/11/2018
16:49
I always follow your posts with great interest topvest, on this occasion I disagree, in my humble the price is going to escalate to at least double what it is now, yes the facts you and others have stated are and appear correct however ALL the returning sale people will not be able to behave like they did under the previous regime, the new team lead by MG will ensure all compliance and regulation whilst growing the sales figs and share value...
flybird
04/11/2018
21:34
Absolutely. The share price will probably go up a little further, but i will stay out for good.
topvest
04/11/2018
19:08
topvest safestyle have spent the last year telling people that things have changed , and it's become more 'corporate''LOL. All the ;;bad apples have returned!!!.. the ones who stole the data /customers, the ones who slagged of the company.. ALL BACK!! It really is a sordid affair
tobyteddy
02/11/2018
21:20
We have all been well and truly had by Mr Misra and his former associates. Definitely a case of them having their cake and eating it. I won't be buying back into a Group that can take people with such ethics back. As Warren Buffett has said.... "you can't do a good deal with a bad person" and boy, didn't we just find that out! Basic turn of events. List a company. Make lots of cash. Slip out 2 years later taking the sales team with you. Start a company with a very very similar name. Aggressively "work the customer list". When it doesn't work out, ask if you can have your job back to return the staff. Ask for a big signing on fee. You couldn't make it up really. Not sure anyone will really trust them a second time around and there will plenty unloading when they get their money back. Here is a news article on Safeglaze.... hxxps://www.thetelegraphandargus.co.uk/news/17191282.more-than-130-jobs-lost-as-bradford-double-glazing-firm-ceases-trading/ 132 people lost their jobs £11m invested
topvest
02/11/2018
01:48
Barclays Smart Investor Market Insight Double glazing group Safestyle rallied on Thursday as Liberum upped its price target on the buy-rated stock to 94p from 80p, pointing to the fact that competitor SafeGlaze has gone into administration. "We believe that Safestyle is well placed to see an acceleration in its recovery now that SafeGlaze, the aggressive new entrant, has been placed into administration," the brokerage said. "We believe that SafeGlaze reached annual turnover of around £30m, almost entirely by disrupting Safestyle, and there is an opportunity for Safestyle to recover the lion's share of this as direct and indirect employees return." Liberum also highlighted the company's new banking facility and recent CEO share purchase as positive developments. "We leave estimates unchanged for now while we wait to understand how many employees return to Safestyle," it said. Back in February, Safestyle issued a profit warning as it cited the activities of "an aggressive new market entrant", which turned out to be SafeGlaze. It said at the time that SafeGlaze - which started trading at the end of January - had added to an already competitive landscape and hit certain areas of the group's operations. Bradford-based Niamac Developments, which was trading as SafeGlaze, went into administration on Tuesday, just weeks after settling a legal battle with Safestyle for alleged "trademark infringement, passing off, misuse of confidential information and malicious falsehood" among other things. As part of the settlement, SafeGlaze had agreed to change its trading name and fully re-brand.
masurenguy
01/11/2018
11:36
Bought back into these. Chart looking very strong with the recent bullish flag and director buying. Interesting to see if Scsw out tomorrow picks up on developments
essential
31/10/2018
08:43
Reported yesterday: hxxps://www.insidermedia.com/insider/yorkshire/more-than-130-jobs-lost-as-double-glazing-firm-ceases-trading
richyst
30/10/2018
15:17
Research suggests all the best sales reps plus managers have returned from Safeglaze and Safestyle is almost back running on all cylinders plus a handful of additional branches, definitely over sold stock,good time to buy I think, Mike Gallacher appears to know what he is doing!
flybird
30/10/2018
10:38
This is looking better all the time and CEO now invests circa £40k of his money along with Invesco investment. Classic oversold situation but unsure of real value but new CEO and management appear good.
profiting
26/10/2018
12:15
Very good read investors champion. As dodgy as a double glazing salesman! Millions made off the back of shareholders.
2breakout
26/10/2018
12:00
Scandalous events at Safestyle UK and a distinct lack of integrity! We are a little sensitive to cake analogies in the aftermath of the Patisserie Holdings fraud, but Mr Mitu Misra, former majority owner of Safestyle UK , the manufacturer of PVCu replacement windows and doors, has demonstrated an uncanny knack of having his cake and eating it. Sadly, as our latest Blog shows, this is at the expense of those who have backed Safestyle UK since IPO.
investorschampion
23/10/2018
15:43
Topvest exactly, now Safeglaze did take a lot of strong sales people away from Safestyle. Now the question is does the new HR team at Safestyle take them back? Also can they perform as well as they did prior without having the same sales management team? Also with now stricter laws regarding GDPR etc, which we know Safestyle will not be following correctly.
papayarns
22/10/2018
21:12
Well done to those that held. I seem to have sold out at the wrong point. Still a long way to recovery though. A good point to get out now I would have thought, before the reality of this years massive loss strikes. At least there’s a prospect of recovery now though, so who knows? One point is clear though is that the only real competitive advantage these businesses have is the stength of the sales team and they seem to go wherever they can make the most money.
topvest
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older
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