Safestyle Uk Share Discussion Threads

[buffetteer] 25/12/2014 08:19

Under owned ,under researched and unloved it is.
Earnings should grow by 8-10% this year and similar next year . Valued on less than 10x next year (17.5p) net of cash it has 50% gain potential. Bought in at 170-190,averaged down at 150. Biggest issue for me is whether I own enough .
Happy Xmas to all . Our patience should be rewarded eventually.
Ps Miton owns 9% which is a good sign too.

[discodave4] 24/12/2014 18:43

Merry Christmas to one and all and a very prosperous New Year.DD

[discodave4] 19/12/2014 19:55

gargleblaster,Agree. Thought had timed my entry here ok, 172 in Sept......then it fell, always the way. But this is noise for me as its a long term buy and hold tucked away in my ISA.Good luck to all invested here.........it will reward you (providing your not shorting, in which case %#*+ $?€!).DD

[gargleblaster] 19/12/2014 18:53

DD & b4

I think this all goes to show that timing is critical - unless you are a long term Buffett-style investor. Every stock is both "a complete dog" and a "dream come true", it just depends when you get in and out. That's why a lot of the bb commentaries from different participants (arguments at times) are simply investors coming from different angles/entrance points.

The investor who has made considerable gains may see a pull back as temporary, and perhaps a chance to add to his position. The investor who got in at the peak may be unable to take the pain and exits at the worst possible time - vowing to never buy that stock again - and at the end of the day we are talking about the same stock.

PS I am not implying that b4 got in at the peak - but I imagine did not buy in at the IPO either - because if you had you would be happy with returns to date. Good luck to you both.

[discodave4] 19/12/2014 14:03

bhavini,We both have different strategies and at the moment it suits me but not yourself.....still think given how the market has been that to be net 37% better over the last year compared to AIM isn't too shabby.Good luck.DD

[bhavini4] 19/12/2014 11:38

Fair point Disco Dave Re general market. But the share price hasn't really gone anywhere for a long time. Like I said the fundamentals are excellent, but that sadly doesn't always propel the share price It has good support at around 145p so if it gets back to those levels, I'll happily buy back in. If not, then hey that's great news for current holders. I just don't like sitting on losses. But everyone's strategy is obviously different.

[discodave4] 18/12/2014 20:12

bhavini4,"Unloved" nonsense, think you need to look at the general market. AIM has fallen 17% in the last 12 months, SFE has gone up 20%,AIM has fallen 12% in the last 3 months, SFE has indeed fallen but only 9%.Suggests to me you trade rather than invest and also suggests to me that SFE is still "loved" and IMV is still undervalued.....but each to their own I suppose.Good luck whatever you do.DD

[gargleblaster] 18/12/2014 14:59

bhavini - I see the share price has risen today - is it time to buy back in then?

[discodave4] 17/12/2014 20:58

As posted here in October.......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.Oil has now dropped to nearly 50% since June!!, yep 50%.....thats "buy one get one free!", I said, buy one......lol.DD

[extrap] 17/12/2014 14:21

agree dd4. probably explains why buyers exceed sellers by more than 2:1 today.

[discodave4] 17/12/2014 13:31

Director selling shares, taken from another BB, all credit to poster Libero:Today's news confirms that Kiran Misra has sold circa 1.9% of the company's stock, reducing his stake from 5% to 3.1%.Kiran Misra is presumably the son of Mitu Mirsa, one of the co-founders of SFE, who gifted Kiran Misra (Sales Director) and Steve Birmingham (CEO) the shares that were left by the other co-founder when that chap retired in 2010. The good news is as follows: - Kiran Misra was always keen to sell. In the admission document it plainly identifies him as a "selling shareholder" who had 12.5% of the total number of shares prior to admission and 5% after admission. - He sold 7.5% of the company previously and it wasn't as though that was a warning signal because SFE posted decent 2013 results and the 2014 results should look much better. - It seems to me as though Kiran was just very keen to sell and, to be fair to him, he's been working at SFE for 21 years straight now.The not-so-good news is: - He didn't wait long after the one year lock-in period to sell another chunk of shares- Kiran still has 3.1% of the company which he'll presumably want to sell in a year's time (considering he's sold 9.4% of the company already / 75% of all the shares he ever owned.In conclusion: I don't think this is news should be taken negatively because 1) It's natural for people to want to cash in their chips sooner or later, and he's been there for 21 years.2) His previous sell-off (at Admission) was not a warning sign, so there's no reason this comparatively small sell-off should be seen in a bad light.No need to sell, fundamentals still sound and this is still undervalued IMV.DD

[muffster] 17/12/2014 12:28

True, im in just on a small spreadbet.
Telit Communications looks interesting again. Level 2 shows strong support.

[tintin82] 17/12/2014 12:22

All down to what you perceive as valve. I would view the earnings visibility of Xaar to be a concern.

[muffster] 17/12/2014 12:08

Agreed, Xaar looks a good candidate based on latest statement

[bhavini4] 17/12/2014 11:25

gargleblaster. I do expect the price to fall (as it has done already this morning). Then I have the option of buying back cheaper, rather than sitting on a large loss and praying it goes up just to break even. Also allows me to use my cash elsewhere where there is a better chance of a positive return.

[muffster] 17/12/2014 10:32

I'm with Bhavin, have sold and will monitor. I have been invested in shares before, kept my nerve and seen 20% falls and no recovery. Much better to sell out (if you expect price to fall) and then return if sentiment changes.

[gargleblaster] 17/12/2014 10:28

bhavini - let me get this right. You want to buy if the share price goes down, and you also want to buy if it starts rising. Surely the logic is therefore to sit tight, save your dealing costs, & receive the divi.

[bhavini4] 17/12/2014 10:08

tintin82: Agree to an extent; but 'under the radar' and 'unloved' are two very different things. I think SFE is the latter, and if the market doesn't love the share, their is no reason for the price to push higher, which is what we ultimately all want? What's the point being in a share that doesn't appreciate in value at best or at worst depreciates? Yes their is the dividend, but if the price falls, it won't cover the losses. If the market doesn't notice/love it, we have to ask ourselves why surely. All imho.

[tintin82] 16/12/2014 17:10

With all due respect is this not what investing is about? Finding a company / sector that the market doesn't love or notice, but is performing really well offering great value , fill your boots and wait for the market to catch on!

[bhavini4] 16/12/2014 15:50

I've sold out taking a small loss after reading the RNS today. Selling of 1/3 of his substantial holding doesn't fill me with confidence, although the reason could be perfectly reasonable and innocent of course. But I think 180p will prove a barrier and despite the excellent fundamentals here, the market isn't in love with this company or even sector for that matter. Look at Entu; reported yesterday that the business in right on track and they pay a massive dividend, yet the share price didn't even move. Will sit and watch for now. If SFE begins to rise, I'll jump in again. If it falls again for no good reason to 140p levels, I buy back in.

[lozler] 29/11/2014 14:04

As mentioned previously, the rise certainly looks on to the 200p mark here. If it can break that, then who knows, but certainly from the week perspective, it should climb to there.

[muffster] 24/11/2014 14:28

Many thanks

[mrwhits1] 24/11/2014 10:00

negative book value is where a companies total liabilities are greater than its total assets on its balance sheet.

A useful ratio to use IMHO if p/tbv, that's share price/tangible book value is between 0 and 1, meaning, to me anyway, that if the ratio was say 0.8, you were paying 80p for every £1 of the companies tangible assets, i.e. an asset discount.

many disagree with using it as a useful measure, its done me OK over the years.

regards

[muffster] 21/11/2014 15:17

Great write up r Whigs. What is negative book value

[buffetteer] 21/11/2014 15:04

15% jump in last few days .Hope everyone got on-board .There is no reason why we are so undervalued other than lack of awareness maybe .Lower fuel ,lower food prices ,higher real wages starting -we should benefit from the extra pounds in the pocket next year