Safestyle Uk Share Discussion Threads

[squarepeg86] 10/4/2019 14:09

And again... 4 lots of 300,000 gone through

[2breakout] 08/4/2019 10:46

Very large trades gone through

[squarepeg86] 05/4/2019 07:58

This has been a very interesting week here, somebody seems to be loading up

[flybird] 26/3/2019 17:21

Me too.. Good call!

[shaker44] 26/3/2019 12:32

Same here. Filtered

[squarepeg86] 26/3/2019 11:56

You're giving your opinion, not stating a fact!I'm really not sure how you derived that I don't take an interest in the company or the industry, again you just made that up. I wouldn't be here asking questions if I didn't take an interest. I'll add you to the filter list with all the other idiots.

[bigchipflipflop] 26/3/2019 11:21

Not taking a pop my friend, just stating a fact.
You deal in shares which means you should take an interest in the company and the industry.

Drop em like a BOMB.....

Only trying to help..

[shaker44] 14/3/2019 04:36

A few bitter ex employees taking a pop hers is all. Sad blokes

[squarepeg86] 13/3/2019 22:22

How can you question what I know about business when you can't even structure a sentence correctly? We can all take a guess and come here ramping/de-ramping but I was looking for any insights into an actual reason. I could have made one up myself if that's what I wanted.If it's failing then why are you here? Sounds to me like this share has burned you in the past and you can't let it go!

[bigchipflipflop] 13/3/2019 21:39

And Steve Birmingham's back in advising ...

[bigchipflipflop] 13/3/2019 21:38

He was sacked because he was useless.they say resigned for him to go quietly. Do you know nothing of how business works .. good God. And you lot deal in shares.its failing fast .their next big problem is masco selling the millward group.they supply profile through duraflex to safestyle. If that's goes they do . It's about time people woke up and smelt the coffee. "FLAT WHITE PLEASE NO SUGAR"

[bigchipflipflop] 13/3/2019 21:35

He was sacked because he was useless.they say resigned for him to go quietly. Do you know nothing of how business works .. good God. And you lot deal in shares.its failing fast .their next big problem is masco selling the millward group.they supply profile through duraflex to safestyle. If that's goes they do . It's about time people woke up and smelt the coffee. "FLAT WHITE PLEASE NO SUGAR"

[squarepeg86] 06/3/2019 19:42

So why was he sacked? The RNS says that he resigned and won't be replaced. There may be a lot of smaller start ups but a lot of people are wary of double glazing companies, especially small unknown ones. Safestyle has already said that it has seen an increased sales order intake in line with the same period of the previous year and that it expects 2019 performance to be ahead of expectations. There is lots of room for recovery here, even if it doesn't get to previous levels. Most people aren't even aware of the safe glaze fiasco, I certainly wasn't until I looked at investing here.

[flybird] 06/3/2019 15:42

My MS says sales are similar/same and the problem is fitting them at a lower ratio, I guess if they get that OK and the CEO keeps to his plan of leaning the sales/canvass management team to a level similar of how it use to be with someone as talented as the previous sales director (Kieran Misra)they should gain share value to a moderate level, £2 ish!

[bigchipflipflop] 06/3/2019 11:50

It was a director deal .giles richell was sacked two weeks ago.they bought his shares back at at an inflated price to get rid of him. announced to company Monday morning.debt is down slightly but sales are massively down more so in the south. The safeglaze effect. Lots of smaller startups nationwide by ex reps and fitters.they will struggle to recover from this one.

[squarepeg86] 27/2/2019 19:05

I have no idea, I was hoping someone would have a better insight than me. Hopefully someone knows something with results due in March. There wasn't much buying following that trade but then again it would easily go unnoticed as it dropped back quickly after. I'll be keeping a close eye on the trades over the next few days.

[abbett1] 27/2/2019 17:14

Yes I seen that, whats all about? Someone's made a big error there

[squarepeg86] 27/2/2019 14:29

Not sure what's going on but someone's just paid 10.5p over the ask for 50k shares!

[squarepeg86] 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.

[mthom] 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.

[squarepeg86] 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.

[tobyteddy] 20/11/2018 20:47

mitu mizra? back on board . awash with money. his gang are all back so these are a bargain imo.

[squarepeg86] 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...

[flybird] 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..