Safestyle Uk Share Discussion Threads

[africa99] 23/4/2018 15:51

I have a feeling that somebody wants this share price to get as low as possible so that they can buy back a lot of shares very cheaply. This so called new competitor, SafeGlaze, is not a national player so how much business can it be taking ? Safestyles marketing seems to have dryed up - why ? They have cash in the bank and are almost debt free. Any company that says business is tough but is going to maintain a very large div and then cancels it shortly afterwards knows what it is going to do to the share price.

[africa99] 23/4/2018 15:51

I have a feeling that somebody wants this share price to get as low as possible so that they can buy back a lot of shares very cheaply. This so called new competitor, SafeGlaze, is not a national player so how much business can it be taking ? Safestyles marketing seems to have dryed up - why ? They have cash in the bank and are almost debt free. Any company that says business is tough but is going to maintain a very large div and then cancels it shortly afterwards knows what it is going to do to the share price.

[bigdazzler] 23/4/2018 15:44

on. bigdazzler18 Jul '17 - 15:59 - 726 of 920 Edit 0 0 0 topvest18 May '17 - 08:21 - 707 of 725 0 0 Confident of "Broadly in line" is what they say. In director speak that means slightly below. bigdazzler18 May '17 - 09:04 - 708 of 725 0 0 Edit No that means timber soon enough imo There you go told you so. Nice fat profit again. Well you wouldn’t listen to the charts or the fundamentals. You’ve only got yourself to blame.

[topvest] 23/4/2018 11:25

I've only got a small holding so will keep holding for now. I will reassess when we get the annual report.

[ed 123] 23/4/2018 09:08

Yes, on the replacement side, customers can normally defer when they lack confidence in their own financial futures. So, there's potential for another step down in the demand for new windows. I may wait till I see the Chief Executive buy. Myself, I only experience a normal level of good luck. So, for me it would make sense to follow such a lucky person.

[essentialinvestor] 23/4/2018 08:56

You cynic Ed ) I worked in a canvessing operation for a national replacement window company while at 6th form college in Esher. In 1987 it was boom time, by 1989 they were bankrupt. If SFE can trade through this, it may be a very interesting recovery play. However, it's worth keeping in mind these are generally highly supportive economic conditions. The housing market is strong, UK employment is at record levels, the UK economy has experienced nearly a decade of GDP growth. What happens when the next recession hits?.

[ed 123] 23/4/2018 08:47

Yes, with hindsight the Chief Executive was very lucky to have experienced 'personal financial reasons' causing him to sell 1.4 million shares at 160p each on 15th December. I don't see any director share buys, either.

[essentialinvestor] 23/4/2018 08:37

Not one of the BOD had bought the dip, not a single share, unless I missed it. Those director sales now look very astute indeed.

[ed 123] 23/4/2018 08:28

Ok, got it. Seems the competitor is Safeglaze UK. I've read up on the market for double glazing. Times are very difficult. Will watch, don't think we've see the bottom of the market just yet. At some point Safestyle may be a buy? Maybe needs a contraction in the industry's supply capacity to reduce price competition? Everest or Anglia departing would obviously be good. Perhaps a case of who can withstand the pain the longest? Survivors could live to enjoy improved markets further out? Not clear enough yet for me.

[ed 123] 23/4/2018 08:07

Who is the aggressive new entrant into Safestyle's market? Not holding but want to understand the competitor situation better.

[topvest] 23/4/2018 06:47

Well for a stock that scored maximum marks on my rating system about a year ago, its been a bit of a disaster. No point selling at this point, but any recovery is a few year's off. First they need to stabilise the business, but they appear to have lost their competitive edge and sales edge. We weren't really told what was going on here nearly quickly enough. It appears that the sales team were at the heart of Safestyle and they are struggling to rebuild. Indeed, management seem to be clutching at straws..first they made people redundant and now they are talking about rebuilding. Quite frankly I'm not sure what they are doing. They just seem to have a sales team lacking leadership. We heard it first on this BB and not from management. Its a good job that the Chairman has gone. Definitely an interesting case study this one. The smart people sold at £3+. Those days are long gone!

[2magpies] 23/4/2018 06:44

" .... 2magpies 1 Mar '18 - 21:28 - 853 of 910 Edit 0 1 0 The board expects to pay a dividend. Note the 'expects'. By no means a certainty." ..... Well, there you go! It was always going to be a (very) tall order to pay that hefty dividend, with everything seemingly falling apart. I wonder if the poster 'tonygardener' who was so ramp-a-delic on SFE will post again!!!

[mister md] 23/4/2018 06:40

get back to your weeding, tonygardener

[funkmasterp12] 23/4/2018 06:08

Well, that puts the nail in the coffin of my 2018 Stock Challenge annual entry where I foolishly chose SFE!Looks like this one is in big trouble. Continued poor trading, divi gone, turnaround not having significant enough effect.Feel sorry for holders here.

[discodave4] 11/4/2018 18:46

On my watch list.Will wait to see what they say with their AGM statement next month. They have already said the year hasn't started well, so will wait to see if it's improved or not as there may be further drops on the cards.DD

[tonygardener] 11/4/2018 15:44

Whether growth or dividends.... Its like a no brainer... Im. Expecting 20% minimum return! Read the zeus report.

[tonygardener] 11/4/2018 15:42

Hse fine was expected. Still read Zeus report Balance sheet very strong.

[tonygardener] 11/4/2018 15:40

Topped up today. Really good value at this price

[discodave4] 10/4/2018 21:20

bigchip Pity you can't even get the name of the CEO correct, particularly as you "allegedly" worked their! - complete and utter garbage, would go back to frying chips if I were you my son.DD

[tonygardener] 10/4/2018 16:00

This is a long term hold. Read the Zeus report. Good chance of doubling your postion. Very good opening postion. 80s very cheap.

[tonygardener] 10/4/2018 15:57

Read the report by zeus At this price dividends 10% plus?

[tonygardener] 10/4/2018 15:54

Already made 10%

[tonygardener] 10/4/2018 15:53

Was given this tip at 73 p. Bargain.