Safestyle Uk Share Discussion Threads

[sbb1x] 03/10/2023 09:22

Looks Chatham and dover

[harrytoby1] 19/9/2023 16:37

That's exactly how I see it. Mitu and family are waiting for the last rites ,and will buy back for peanuts. It's been run by donkeys since he left, people with no idea of the window game, spending money like confetti, the overheads are truly amazing.just one instance of incompetence, they created a training centre at great cost to train apprentices...of which many have said thanks, and left. Spending other people's money is easy.I personally don't see a recovery.

[kemche] 19/9/2023 13:02

Dead man walking.

[my retirement fund] 19/9/2023 08:44

Sounds like a discounted placing or some sort of death spiral financing, reading between the lines, sounds like overheads as a PLC are too high. A management buyout from insolvency being the end game as such. That could also be an opportunity for Mitu Misra to step back in, having exited with a small fortune when it was listed with a eye watering AIM valuation.

[pictureframe] 19/9/2023 08:25

Debt facilities - not much headroom

[flybird] 15/9/2023 18:22

Net sales NOT covering outgoings now, see what happens next!

[16charlie] 15/9/2023 15:26

yes as i stated before im in the replacement window market. with money being tight this is not top of the home owners list, ie dead as a dodo

[bdbd11] 15/9/2023 09:51

share price collapsing here. Anyone know what's going on (apart from the already stated poor results)?

[dancing piranha] 27/7/2023 17:02

I used this company back in the early noughties to replace all my windows, they did a cracking job, at a great price, and were, apparently, flat out busy!
Such a shame it's where it is now.....

[harrytoby1] 27/7/2023 17:00

Definitely not looking good.for the last few years it's been in the hands of incompetent's.Anyone remember the safeglaze fiasco of a few years ago? Well I reckon those guys are watching and waiting. I can see safestyle facing another challenge from them soon...and this time I'm afraid they're history!!

[16charlie] 27/7/2023 10:45

the replacement window market is dead as a dodo, get out while you can

[johnjames876] 27/7/2023 10:37

Placing coming

[bc4] 27/7/2023 10:18

Is anybody here?

[16charlie] 09/6/2023 12:39

by by been not nice knowing you

[harrytoby1] 23/3/2023 12:01

Ha ha, the heady days of making 7/8 million on turnover of 100 million , when it was privately owned ,by someone who knew what they were doing. Now unfortunately,it's run by imbeciles... Pigs in the trough comes to mind🙄㈳2;

[flybird] 23/3/2023 08:38

Hats off😊

[currencytrader1] 23/3/2023 07:55

And there's your loss....

[flybird] 20/3/2023 11:48

What, no profit warning. You really must have a super crystal ball?

[currencytrader1] 19/3/2023 20:15

Results due this week, expecting a whopping 4.5m loss...

[farrugia] 02/2/2023 15:14

bought a few here but just a punt.

[my retirement fund] 01/2/2023 16:35

You buy one, you get one free. I said you Buy One, You Get One Free !

[harrytoby1] 04/12/2022 08:59

Thanks for that info, with safestyle it's always" next year Rodney we'll be millionaire's"ԅ30; How to make a profit on stagnant growth? Cut down on those massive overheads! That should be someone's job. Spending other people's money is easy.

[rndm355] 04/12/2022 00:41

the profit warning discussed in some detail here:

[harrytoby1] 29/11/2022 16:23

Too many middle management, swanning around in fancy cars,turnover 150 million but don't make any money😲 It's a Plc...nobody is accountable ,think management are grabbing what they can while they can! When Mitu owned safestyle, EVERYONE was accountable...oh dear,What a mess.