Safestyle Uk Share Discussion Threads

[sphere25] 12/2/2021 15:20

Interesting to note some of the director participation recently.

I guess the director buys at SFE are a small positive. It's still not setting the world on fire really is it. It clearly depends on how you view director buying and what your threshold is on getting bullish.

Maybe more to follow to send a real signal that says "WE ARE DEFINITELY CONFIDENT IN OUR FUTURE, OUR SHARES ARE CHEAP AND DAMN YOU SPHERE WITH YOUR APPREHENSIVE TRADING MENTALITY ON OUR SHARES".

To put things in perspective, we saw a good chunk bought at SAA recently which has resulted in a nice re-rating. We have KMK today with piddly amounts - hardly bullish. Directory buying at BWNG today looks a good signal because that is a sizable amount and paying well through the recent offer.

Conversely, we saw OTB director dumping a short while back which was a short term signal. We also then have peculiar situations like MANO where there is sizable selling bizarrely at the lows with an almost grab what you can mentality. Quite a mix out there.

All well worth keeping tabs of.

All imo
DYOR

[my retirement fund] 12/2/2021 14:47

Looking good

[wynmck] 12/2/2021 09:14

Dir Buy 10k shares

[wynmck] 11/2/2021 16:24

CEO buys 120,240 @ 40.5p

[shaker44] 11/2/2021 11:39

The ever pessimistic Charlie is right though - seriously under valued as mistrusted. Gotta earn its way back. Shouldn't be too hard

[sphere25] 11/2/2021 11:13

Erm...

"Liberum sees ‘over 50% upside’ in the shares of UPVC window and door retailer and manufacturer Safestyle (SFE).

Analyst Charlie Campbell retained his ‘buy’ recommendation and target price of 65p on the stock, which closed down 5.3%, or 2.2p, at 39.3p yesterday.

The latest trading update from the group showed 2020 revenues reached more than £113m, with second half growth of 15%. The order book strengthened in December, closing the year 80% ahead of December 2019’s level.

‘Safestyle is able to manufacture and install the ordered windows without interruption and although door canvass may not restart until the second quarter, the order book was strong enough to compensate,’ said Campbell.

‘We still see over 50% upside in Safestyle’s shares and are convinced that full recovery will see the shares trade above 100p.’"

What?

I think I'll stick to trading it and go with one trading update at a time.

Safestyle are one of those companies that can be prone to disappointing. I say you buy three profit warnings, you get three free!

All imo
DYOR

[sphere25] 03/2/2021 10:31

More notable activity.

There is another big sell just hit the book similar to yesterday: 2.15m under the current bid of 40.5p at a price of 39.5p.

42p was well guarded yesterday preventing any move higher and the price didn't fall on the large sell yesterday either - stalemate atm.

All imo
DYOR

[sphere25] 02/2/2021 14:27

That's a whopper: 2.18m sell at below the bid of 41.1p just hit at 39.5p.

Chart is interesting but hard to call the next move on SFE on a print like that - this company divides attention.

Let's see if anything further notable happens.

All imo
DYOR

16:33 EDIT:

Nothing significant happened and no short term trade presented itself- like to nip in and out of this one. Alot more selling than buying on that big trade. Hard to say if that is a sell based on someone in the know or it is just some de-risking.

[shaker44] 21/1/2021 07:53

Yep. Double glazing folks not squeaky clean= dog bites man news.

[craffert] 20/1/2021 19:10

Ouch...on bbc oneshow...rogue traders

[tole] 15/1/2021 20:37

hxxps://masterinvestor.co.uk/equities/safestyle-uk-results-could-be-the-prelude-to-a-big-bounce-this-year-and-next/Positive write up on masterinvestor from the other week.

[my retirement fund] 06/1/2021 11:51

Cant understand why an earth they diluted the hell out of previous shareholders with an eye watering low ball placing in April when instead they could have simply raised millions via the HMRC CBIL on a 0 percent interest rate with upto 10 years to repay it ! Clearly this is a company that may possibly not be headed up by very smart business leaders. I dont know much about them but assume they are the usual bunch of career execs types with naff all business experience but instead holding all the correct schooling and further education contacts to have got themselves onto the senior management career style greasy pole

[cordwainer] 21/12/2020 15:54

^windows or shares ?

On my watchlist, but CEO, CFO and Chairman are about 25% overpaid imho, results imply they've been punching below their weight for at least the past 3 years.

[jimbo_jet] 18/12/2020 13:39

"....significantly ahead of current market expectations."

That was the main thing that jumped out at me from the RNS. Who knows where the share price will be a year from now! One thing is for certain, it will be north of where we are and likely substantially so.

[sphere25] 18/12/2020 12:12

"Safestyle bullish on growth next year

Double-glazing company Safestyle (SFES) has reported ‘particularly strong’ quarterly trading but Goodbody says its optimism about next year is even more interesting.

The group reported revenue growth of 9% in the third quarter and an ‘acceleration in trading momentum means that management expects revenue growth of c.20% for the fourth quarter’, said analyst Robert Eason. The shares rose 12.5% to 41.4p yesterday.

‘Indicative of the strength of the fourth quarter, management notes that the level of installation activity in the quarter is anticipated to be its strongest quarter since 2017,’ he said.

‘However, what is perhaps more interesting is that the board is now guiding for the 2021 performance to be “significantly ahead of current market expectations” given the likelihood of the momentum in the fourth quarter continuing into early 2021.’"

[energeticbacker] 18/12/2020 10:18

Featured in Investor's Champion's daily update:

Brokers offered their usual optimism, conveniently ignoring all the problems of the past (well before Covid made then even bigger), seeing over 75% upside to an unchanged 65p target price, and eventual recovery to 120p, although the latter is still more than 60% adrift of December highs.

[sphere25] 17/12/2020 09:32

And the very next morning...

Price is back in the 40's with a 17% move higher currently to 43.1p.

And for the next trick....

:-)

Poor humour aside, the market is giving a pass on 2020 numbers and even crediting company performance on the grounds of such a left field event imo. The market is even looking forward, beyond 2021 and seemingly to at least 2022, judging by some of the ratings out there.

SFE is clearly a very unrefined playbook, fraught with issues, but it would appear that is about as bullish a statement as they have delivered in a while so perhaps some small cause for optimism?

It's all about the delivery now and that statement suggests there might be a sustainable recovery here. If the market buys that, then this is clearly more than a short term hold.

We all approach the market differently.

All imo
Could be grossly off the mark
DYOR

[tallprawn] 17/12/2020 08:00

Read the outlook statement for FY21..

[spooky] 17/12/2020 07:54

Indicated higher on a profit warning, bizarre. Did anyone read the RNS?

[sphere25] 16/12/2020 12:05

Taken a few here as a short term play. Price has corrected around that 20% mark having fallen from 46p.

Bullish tones coming out from EPWN today about the sector, which has resulted in them being ahead of forecasts:

"Demand from the RMI market, which represents around 70% of Group revenues, has been particularly strong during the fourth quarter of the year"

I just wonder if that will feed through to SFE and allow a pop back into the 40's.

All imo