Safestyle Uk Share Discussion Threads

[fillspectre] 10/1/2018 00:05

Shaker44 - it is a very valid question which Essentiallinvestor raises. It can't be ignored - even though I think the situation is more complex than first meets the eye. I can speculatively offer an answer - perhaps it is called Hedging their bets. The CEO and CFO may have no more idea than we do whether the market is in permanent decline or whether it will recover. Maybe selling a third of your shares means it is exactly that a hedge. Damage limitation - some cash whilst still retaining interest. Like top slicing only the reverse. FS

[shaker44] 05/1/2018 14:04

Who knows? Tax bill, family stuff etc. He retains a huge holding still. Not like he is bailing out. History tells us that director buys and sells are not great indicators.

[essentialinvestor] 05/1/2018 11:01

shaker, why do you think a director is willing to sell at This level, following a very significant share price decline?.

[shaker44] 05/1/2018 10:56

We all make different assessments and mine is that all the negatives you cite are priced in and more. We will not know though until the next trading rns. I think sales and marketing May be the key, rather than price. We will see.

[alter ego] 05/1/2018 09:04

As an ex holder I see no particular reason to want to buy again for the foreseeable future, except perhaps for the yield. The market for windows is very competitive and I suspect many purchasers are unable to distinguish one company's offering from another's so price is key. If you intend to sell your house why pay more than absolutely necessary, you will be long gone if the windows turn out to be badly made or of limited durability. With incomes under pressure, BREXIT uncertainties, a subdued housing market and I suspect many window installers fighting to survive by offering cheap deals, the climate is not conducive to anyone prospering. That said, SFE is well placed to survive but I just don't see the share price making much headway until the economic outlook is more optimistic. The yield is good but one can find good yields elsewhere without the same business risk. I remain a watcher rather than a buyer even at this level.

[shaker44] 05/1/2018 08:40

I 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.

[fillspectre] 05/1/2018 08:15

Then again citytrader the CEO and Finance Officer have kept two thirds of their holdings. The financials for 2018 is expected to be similar to 2017 and the dividend is retained. This company is cash generative and they are not expecting to have to make any significant capital investment beyond the investment that has already taken place in the new factory. I think uPVC windows are far from a durable product - they are more like a consumable with a 15 to 20 year lifespan. The look of a house can still be dramatically improved by renewing the windows if you want to ready a house for sale. So whilst there may be a downturn in the market - I don't think the market has gone for good. It is not quite as clear cut as it looks to me. Why the 130p price target you have suggested? Fils

[citytrader66] 03/1/2018 22:40

this share deserves all it gets with those director sells. buy at 130p once shorters have had their fun..

[fillspectre] 03/1/2018 15:20

Another director sell announced from yesterday. The finance director's wife has sold 105,000 shares which equates to about a third of the Finance director's and his connected persons' cumulative holding. Isn't very confidence inspiring. Should we be following the directors to the exit? Fils

[shaker44] 20/12/2017 02:12

Very chunky. Surprised he was able to achieve 160. Thanks, I had missed that. Maybe he has tax bill, divorce settlement or....?

[essentialinvestor] 19/12/2017 18:01

CEO disposed of 1.4 million shares at 1.60. His remaining holding is just under 2.8 million, even so a chunky sale imv.

[shaker44] 13/12/2017 14:04

On the basis of one bad fitter, avoid them? I don't think so!

[stud-muffin] 13/12/2017 13:52

My experience of the company is largely negative. OK product - but lousy installers. On our house to make the windows open easily the clown fitter decided to remove on 6 windows out of 12 the claw 'hooks' that secure the windows. Given they are not obvious I approved the installation and paid for the job completely unaware of this deliberate vandalism. I only realised what they had done when I found one of these cast metal 'hooks' under a bed. Sadly the cheques had cleared otherwise I would have seen them in court before they were paid in full. The attitude of the company was 'oh well these things happen'. IIRC they replaced the lock mechanisms to 10 openers!! Avoid them like the plague.

[shaker44] 13/12/2017 10:26

Fall in share price looks way overdone. The miss is very small and although cost of sales is disappointing, sfe is still cash generative and has market dominance. They should be Able to pick off weaker competitors to get more throughput for the new factory surely.

[mister md] 13/12/2017 09:45

Dividend progressive. Still will be covered it seems

[topvest] 13/12/2017 08:18

They are still a very profitable company. They have had a bad year. Not the end of the world. Will bounce back, but may take a year or two.

[bulltradept] 13/12/2017 07:19

Goosed! Buy below £1.00..

[shaker44] 05/10/2017 18:07

Buyback programme under way. 90000 in each of the last 2 days. And share price responding well. Maybe a few shorters burned to a crisp Glenda! Hope so. Gotta flush them out

[glenkaz] 21/9/2017 21:05

Nice 🤡👌

[glenkaz] 21/9/2017 11:50

🔥😱 burnt to a crisp more likely 🤡👌

[shaker44] 21/9/2017 09:10

Yeah, let's hope some shorters are getting gently singed

[glenkaz] 21/9/2017 07:11

Share buyback and not bad news to🤡👍 you lucky lot!! Gla! 🤡👍

[topvest] 20/9/2017 20:41

Maybe recent trading is picking up now that the winter is approaching? Lets hope so.

[mister md] 20/9/2017 15:29

Recovering nicely ...

[glenkaz] 15/9/2017 21:17

Really pleased guys! I only moved on coz bigger fish 🐟 hope your rise continue Atb! 🤡✌A039;