Safestyle Uk Share Discussion Threads

[buffetteer] 29/10/2014 17:55

Whether the market improves or not is not really that important here .Sfe are growing in the south where they have low sales and have a cost advantage .they grew throughout the recession and increased market share to become number 1.the return on capital is very high so one way or another we will benefit - either through share price appreciation ,buybacks ,special dividends or faster growth . If the shares don't move up someone will do it for us eventually.

[pastybap] 29/10/2014 16:00

Hi Dave.

Agree with you regarding the reduction in the oil price. My only concern is that Safestyle have positioned themselves as the lowest cost supplier of PVC windows. The reduction in material prices will reduce costs for all PVC window suppliers and therefore strengthen them and allow them to be more competitive on price. eg. margins remain constant, but on a lower revenue base?

Also read something lately about the government expanding their grants to consumers for heating/insulation/PVC windows etc. I didn't have time to read it in detail, but it did seem to coincide with SFE's heaviest share price drops. Coincidence maybe, or perhaps someone thinks this will have a negative impact on us. Time will tell!

[lozler] 29/10/2014 00:01

Interesting point Dave, I imagine you're right. As stated above, I think it's a great hold for the yield and the adverts.

[discodave4] 28/10/2014 20:27

Just a thought......just less than half a ton of crude oil is used to make a ton of PVC, given that the price of oil has dropped 25% since June (and forecast to drop even further) then this has to be very good for SFE in reducing their manufacturing costs and increasing profit margins?.DD

[firtashia] 28/10/2014 16:30

Bought some more of these at £1.50, happy to pick up a 6% ish dividend yield whilst waiting for sentiment to change.

[buffetteer] 27/10/2014 16:28

No-one has ever met a rich chartist - they are terribly rare !

[alter ego] 27/10/2014 16:26

Who cares? It's how the business performs that drives the share price in the long run.

[justin1117] 27/10/2014 16:04

First half of the month doesn't look good at all!!!!!!!

[justin1117] 27/10/2014 12:22

Correction.....second half of the month lol

[justin1117] 27/10/2014 12:21

Charts look good for the month. Price is recovering nicely. Glad i took the chance to top up when i did.

[buffetteer] 26/10/2014 07:59

Sometimes the market just gets it wrong and this is one share where no -one is following it and thereby lies the opportunity .looking forward to 50% upside on my last top-up just to reach high a few months ago . By the way sales and profits have risen nicely since the last high .

[justin1117] 23/10/2014 14:59

Another slight dip in the share price Another good buying opportunity or chance to top up.

[buffetteer] 20/10/2014 14:44

I agree with all you guys as all my holdings have fallen -some sharply but its a good opportunity to average down because you just know that some like Safestyle are now not just undervalued but plain cheap .It is a good ,safe company with growing sales ,profits ,market share and bulging cash pile .with the economy recovering and household incomes starting to rise it should be more profitable and subsequently higher valued. if Howdens is trading on 17/18 x earnings (from memory) we should be trading on at least 12x .

[morti1] 20/10/2014 14:05

Got to get to November before getting confident. Still volatile times. Anything could happen between now and the end of the month. October. What a dreadful month for trading. Most Octobers it's the same.

[justin1117] 20/10/2014 13:58

I think nows the time to get in. I cant see this falling back to the lows of last week.

[discodave4] 17/10/2014 20:25

Justin,Same here, bought at 173, will be topping up when market settles........assuming it does!.GLDD

[justin1117] 17/10/2014 14:15

Thanks Dave thats does make sense, given the market conditions he and many others may have had to alter their losses just to ride this period out. I look forward to his next diary update to see how he has managed his portfolio. I have taken the chance to buy into a few other companies but will may be looking to top up on this at some point having originally purchased around 170

[discodave4] 17/10/2014 12:45

JustinI thought that too, from His Naked Trader site the stop is given as 170 (from memory). The article in the spread betting mag implies that he still holds.DD

[justin1117] 17/10/2014 11:29

Cho what is that about robbie burns i thought his stop loss may have been triggered.

[connor23] 16/10/2014 16:11

Managed to get some at 143p. Bargain!

[justin1117] 16/10/2014 10:14

My buy didnt show either

[tanelorn] 16/10/2014 10:12

Topped up 20k shares at 1.45, on 14th, didn't show.! Had left a limit order which i thought i'd missed. Apparently not!

[lozler] 15/10/2014 23:35

Thing is, this is already too cheap so might as well buy it! It at least has a 60% upside according to brokers forecasts, and pays a good dividend too.

[discodave4] 15/10/2014 18:12

Don't knock it! Lol.....boom!GLDD