Safestyle Uk Share Discussion Threads

[billy ray] 17/9/2014 13:21

Any thoughts on today's price action? I'm slightly worried considering the interims are due tomorrow... has bad news leaked? Volume on the drop doesn't seem huge so in light of the positive trading update in July, is this just MM shenanigans? But the drop below support isn't filling me with confidence I have to say. I'm still holding - just hoping we don't get a nasty surprise tomorrow. Fingers crossed...
Cheers
Billy

[chector177] 16/9/2014 08:10

Interesting to see they have changed from the new slick add back to the bald bloke "I said you buy one you get one free, I said you buy one you get one free".

Personally I don't think they should loose this identity as everyone is familiar with it.

[olded] 16/9/2014 07:57

Should be very positive. The current share price represents excellent value at only 8.2 x PBT to Mcap.

From the recent trading update in July: "Revenue for the first half of 2014 is expected to be GBP68.3 million, an increase of 8.9% on the previous year (2013: GBP62.7 million). Profit growth for the six months is expected to show good progress, reflecting the Company's underlying strong trading performance and improved margins."

[discodave4] 15/9/2014 21:06

Results Thursday, any thoughts?.GLDD

[masurenguy] 15/8/2014 15:34

Safestyle (SFES) is a manufacturer and retailer of uPVC units, primarily for homeowners who are looking to replace doors and windows. The shares reached around 200p earlier this year, twice the price when it floated on AIM in December, though it has dropped back since Safestyle does not rely on house builders, which reduces vulnerability
to a housing market slowdown, and is benefiting from trends for increased energy efficiency and reduced property maintenance. The company estimates that in 2007, the uPVC market was worth around £3 billion a year and that this has shrunk to £1.8 billion, which tells us the industry is still in recovery mode rather than bubble territory.

Safestyle has around an 8% market share, is on a P/E of 11x, falling to 10x in 2015, and yields 4%.

[nbudh80] 11/8/2014 12:21

River and Mercantile Asset Management holding increased:

[nbudh80] 04/8/2014 09:40

Four small caps primed to outperform
By Andrew Hore | Thu, 31st July 2014 - 09:42

Safestyle, the manufacturer of uPVC windows and doors, was hit by weak trading in the second quarter of 2014 yet it still managed to increase its first half revenues by 8.9% to £68.3 million. Home repair and maintenance spending is the driver for demand and this is still at an early stage of its recovery.

Safestyle does not need to significantly grow its second half revenues in order to achieve forecast profit growth from £15 million to £17.1 million for 2014. That puts the shares on just over 11 times prospective earnings with a forecast yield of 4.9%. However, there is potential for greater growth in the second half providing additional potential upside for the shares.

Not quite sure how they came to the conclusion of weak trading in the second qtr? Positive write up regardless.

[nbudh80] 03/8/2014 20:14

Nice and firm in the recent FTSE volatility. Reassuring indeed.

[113mike] 31/7/2014 14:30

I'm in ..for the LT....GLA!

[buffetteer] 27/7/2014 20:09

Topped up last week .Interesting research performed in the US showing that companies with low liquidity massively out-perform those with high liquidity .
Why ?
Because the former are often under -bought and therefore cheap .Eventually they catch up .Thats what i reckon on here .
Three is no way Sfe are only worth 11x earnings .

[baggariddim] 17/7/2014 21:50

Yes will be doing the same tomorrow

[rob170] 17/7/2014 13:17

Nice Simon Thompson recommendation in todays IC - Ive topped up

[m1das_touch] 16/7/2014 16:34

Received my dividend on the payment date (A J Bell), already reinvested.

[chrisrzr7061] 16/7/2014 15:33

Agree bagger, All those buys and the ask goes downSeems to have corrected now

[baggariddim] 16/7/2014 15:24

Price movement today has made zero sense

[jakecook] 16/7/2014 13:38

SoleTrader, no divi showing in my account yet, will have to check. BTW 3 very large buys just gone through @ 175p for about £1.7m

[5oletrader] 16/7/2014 12:07

Talking of Dividend... Has everyone received theirs yet??

[jakecook] 16/7/2014 10:03

Thank you Midas. I think I am going to hold for the long term, mainly for the dividend. GLA

[baggariddim] 16/7/2014 09:57

Thanks for that Midas,reassuring post.

[m1das_touch] 16/7/2014 09:34

In line updates tend to get a muted response in this market. I expect consistent buying in the run up to the results though, especially as this is very well supported by institutions and fund managers.

Management is comfortable with market expectations, which is good enough for me, especially if you consider exactly what market expectations are for this year:

Revenue: £133.86m
Pre-tax Profit: £16.97m
EPS: 15.93p = forward P/E of only 10.9
Dividend: 8.37p = forward yield of 4.9%

Double-digit growth of EPS & Dividend forecast this year and next - cracking little company.

[bradders190] 16/7/2014 09:28

Interest rate concerns?

[jakecook] 16/7/2014 08:58

I thought that was a positive update. Muted response so far. Any ideas?

[nickg2] 16/7/2014 07:15

Great half year update "Revenue for the first half of 2014 is expected to be GBP68.3 million, an increase of 8.9% on the previous year (2013: GBP62.7 million). Profit growth for the six months is expected to show good progress, reflecting the Company's underlying strong trading performance and improved margins.Safestyle's market grew by just over 4% in the six month period. Following a strong first quarter, as anticipated the rate of growth slowed in the second quarter. Against this background, the Company continued to increase its market share in the period to 8.24% (7.85% as at 31 December 2013 for the preceding 12 months) according to FENSA data. The directors remain comfortable with current market expectations for the full year."

[nermil] 15/7/2014 17:15

Anyone know when next results are due?

[baggariddim] 15/7/2014 14:31

lots of big buys coming through,buy button looking attractive