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Share Name | Share Symbol | Market | Stock Type |
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Safestyle Uk Plc | SFE | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.32 | 0.32 |
Industry Sector |
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HOUSEHOLD GOODS & HOME CONSTRUCTION |
Top Posts |
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Posted at 26/8/2022 07:58 by tonysss13 Profit warning coming?Safestyle UK plc ("Safestyle" or the "Group") Update on Capital Markets Day Earlier in the year, the Board communicated its intent to share the Group's medium-term strategic roadmap at a Capital Markets Day presentation on 7 September 2022. This is an important communication as the business moves beyond the challenges of recent years. Our intent is that this roadmap is set out in a context that allows current and potential investors to understand the key priorities, milestones and medium-term vision for the business. Given the current economic uncertainty across all markets, the Board have decided to delay timing of the presentation and will provide a further update at our interim results on Thursday 22 September 2022. |
Posted at 06/4/2020 00:17 by buffett9 Hard to see how Safestyle can survive IMO. Only £8.5 million of receivables and cash on the balance sheet under current assets, and yet nearly £19m of current liabilities due for payment this year. Where are they going to find the £10.5m difference in the next 12 months, given they have suspended all operations? Market cap is only £11.6m. Emergency rights issue equal to current market cap would be difficult, given the massive dilutive effect for existing shareholders and reluctance of investors to part with their precious cash at this difficult time. I think we're going to increasingly see market valuations being driven almost solely by companies current ratios, as it's the only way we can really assess their survivability in the current crisis. |
Posted at 10/6/2019 10:17 by flybird Investor2k19 and square peg, my MS would suggest your post are inexplicably linked in terms of the recent history i.e. last 5 years, so, my theory, the small sells is/are the same person/institutional investor who bought big recently with the sole aim of trending the share value down (selling very small at a loss with charges), with the view to buy a lot more even possibly taking over the company with the original old guard coming back, after all they really did know what they were doing, my opinion is based on the controversy with the SafeGlaze fiasco and the desire of the original founder to be "in the game" again.... |
Posted at 21/11/2018 08:38 by squarepeg86 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. |
Posted at 06/11/2018 04:55 by shaker44 I agee Flybird. It is generally a mistake to reward great sales people by promoting them to managers, for which they need a different skillset. far better to remunerate them well for sales targets achieved.for now, I have confidence in the ability of the new ceo, and I am sure he is well aware of the pitfalls and is watching carefully to ensure mistakes are not repeated. at this level I feel sfe is undervalued as investors are naturally wary after recent events. only trading results will move the price i think |
Posted at 02/11/2018 01:48 by masurenguy Barclays Smart Investor Market InsightDouble glazing group Safestyle rallied on Thursday as Liberum upped its price target on the buy-rated stock to 94p from 80p, pointing to the fact that competitor SafeGlaze has gone into administration. "We believe that Safestyle is well placed to see an acceleration in its recovery now that SafeGlaze, the aggressive new entrant, has been placed into administration," the brokerage said. "We believe that SafeGlaze reached annual turnover of around £30m, almost entirely by disrupting Safestyle, and there is an opportunity for Safestyle to recover the lion's share of this as direct and indirect employees return." Liberum also highlighted the company's new banking facility and recent CEO share purchase as positive developments. "We leave estimates unchanged for now while we wait to understand how many employees return to Safestyle," it said. Back in February, Safestyle issued a profit warning as it cited the activities of "an aggressive new market entrant", which turned out to be SafeGlaze. It said at the time that SafeGlaze - which started trading at the end of January - had added to an already competitive landscape and hit certain areas of the group's operations. Bradford-based Niamac Developments, which was trading as SafeGlaze, went into administration on Tuesday, just weeks after settling a legal battle with Safestyle for alleged "trademark infringement, passing off, misuse of confidential information and malicious falsehood" among other things. As part of the settlement, SafeGlaze had agreed to change its trading name and fully re-brand. |
Posted at 26/10/2018 12:15 by 2breakout Very good read investors champion. As dodgy as a double glazing salesman! Millions made off the back of shareholders. |
Posted at 11/7/2018 07:40 by my retirement fund When you pull the windows out its a perfect time to replace the facia gutter and pipes. Any independent installer worth his salts will replace a facia as a seperate job. Part and parcel of the trade.I dont understand why safestyle have been able to float. I thought investors would have been savvy enough to realise that due to independent mass contractor competition. That the UK market would be unable to support such a business in a listed PLC format. |
Posted at 08/5/2018 13:11 by essentialinvestor shaker44 - 05 Jan 2018 - 08:40:30 - 804 of 971 Safestyle - SFEI agree fill. And the share price is remarkably resilient after news of this sale and investors chronicles sell recommendation. I believe the market badly over reacted to the miniscule miss reported in the last rns. SFE price was approx £1.67 when you posted the above. |
Posted at 05/3/2018 19:24 by brad rad I agree, odd they didn't tell investors operations director and sales direct left...No transparency... |
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