Safestyle Uk Share Discussion Threads

[melody9999] 24/12/2013 08:46

In this morning ...5% yield + growth + PE of 10 or 11 will do for me !

[peter27] 23/12/2013 13:12

Recommeneded by ST at IC which accounts for todays jump.target 200!

[protean] 23/12/2013 13:05

#TMFPP $SFE Recent IPO (at 100p) Safestyle up 11% to new high of 149p. Big yielder - increasingly difficult to find 5%+ yield.

[firtashia] 23/12/2013 13:04

From morningstar, over the past 3 years this appears to be a company growing at 5-10% a year. FY2013 predicted EPS is 13.9p rising to 14.4p for FY2014. Also given the relative lack of broker coverage one wonders whether this will be subject to upwards revision during the year ahead? Agree its lowly valued - have bought in.

[el1te] 20/12/2013 16:47

Here you go:


Not invested here either. The valuation looks pretty low and institutions have been loading up recently, which suggests that a pre-IPO investor is selling down their stake. Will watch and research when I get a spare moment

[ngopal] 20/12/2013 15:02

Thanks El1Te. Considering investing here but market doesn't seem to have reacted too positively so far.... Any idea when they are reporting next?

[el1te] 20/12/2013 12:52

Cash at end of june = £10.598m
Roughly £2m net in payables so that figure drops to circa £8.598m as a base case scenario
No debt on the balance sheet at the last reading

[ngopal] 20/12/2013 12:06

Can anyone advise of what the company's net debt is please? Can't seem to find this info. Thanks

[nickg2] 12/12/2013 12:31

"For over 20 years, Safestyle has been producing high-quality, affordable double-glazed windows and doors for homes across Britain. Having started with capital of just £2,000 in 1992, we are now an industry leader with more than 40 branches across England and Wales..."

[nickg2] 11/12/2013 18:08

Lovely positive finish today.

[beaufort1] 11/12/2013 12:25

Thanks for the new thread Nick - looks like a very promising stock.

[nickg2] 11/12/2013 09:14

Safestyle, the largest retailer and manufacturer of PVCu windows and doors for the UK homeowner replacement market, is pleased to announce that Admission and dealings in its Ordinary Shares commence at 08:00am today on the AIM market of the London Stock Exchange. Following Admission, dealings will commence under the TIDM identifier SFE.

Summary

-- Safestyle has placed through a Vendor Placing, a total of 70m ordinary shares with institutional investors at a Placing Price of GBP1 per share.

-- The market capitalisation of Safestyle on Admission at the Placing Price is GBP77.7m
-- The number of Ordinary Shares in issue on Admission is 77,777,777
-- The management team, led by Stephen Birmingham, who has been with the Company since 1999 and Managing Director since 2007 subsequently becoming the Chief Executive Officer, is continuing with their strategy, first implemented in 2008, of focusing only on the UK homeowner replacement PVCu window and door market in England and Wales.

-- This focused strategy has allowed the Company to increase its market share nationally from 4.4 per cent in 2007 to 7.5 per cent in 2012.

Stephen Birmingham, Chief Executive Officer, said: "We have been delighted with the response in our over-subscribed placing and are very pleased to welcome our new investors. The Company has experienced strong growth in a difficult market, driven by the outstanding quality of our product, the focus on executing our strategy and the dedication of our staff.

"As economic conditions continue to improve and as we increase our geographical presence into the South of England we feel confident in a bright and successful future as a PLC."

www.safestyleukplc.co.uk