Sondrel (holdings) Share Discussion Threads

[markie7] 24/1/2017 14:31

What's happening here?

[maddox] 10/1/2017 21:13

Thanks GHF, appreciate the courtesy, Regards Maddox

[glasshalfull] 10/1/2017 12:17

I'd been building a small position in SND but sold out today on the back of KBTs trading statement this morning.



"...trading in December, a key selling period, has not been as strong as expected, reflecting a softening in market conditions. Given the lengthening sales cycles around larger deals and the accelerating industry shift to cloud-based consumption, management now believes it prudent to expect that EBITDA (pre-exceptional items) for the full year will be approximately £3.5m less than the originally anticipated."

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May well be company specific but as I'd only a modest position I'm erring on the side of caution & taking my profits.

Flagging merely as a courtesy to other investors as I hadn't posted on the thread prior to today.

Kind regards
GHF

[chadders] 09/1/2017 11:26

Good to see section action today.

[chadders] 27/10/2016 10:54

Dipped my toe in. Looks interesting to me but a bit more research to be done before adding.

[hyperboreus] 19/10/2016 07:46

Excellent trading update making a mockery of the recent weakness in share price in my opinion.

[martinthebrave] 10/10/2016 13:00

Any idea what the currency exchange impact will be here?

[martinthebrave] 19/9/2016 17:36

I should probably waited for 64p resistance before topping up instead of stumping up 68.5p for a top up. Either way I think this will bounce pretty soon.

[pj 1] 10/6/2016 08:43

lol and greatly received! PleaseD to be on such an informative BB!

[hyperboreus] 09/6/2016 20:39

Really positive article in IC by Simon Thompson today entitled "Sanderson order book surges"

The following excerpt is especially for you PJ 1 :o)

'Secondly, forward guidance from chief executive Ian Newcombe is pretty upbeat as he points out that “whilst the board continues to adopt a cautious approach, the very strong order book and healthy balance sheet, together with an extensive list of sales prospects, provide a good level of confidence that the business will continue to make further progress in the full-year.” The company has a habit of being notoriously cautious in its guidance which skews the risk to the upside when it subsequently over delivers, so this upbeat trading outlook is well worth noting. It also suggests that having posted a 7 per cent rise in operating profit to £1.47m in the period then analysts expectations of a 9 per cent rise in pre-tax profits to £3.46m in the 12 months to end September 2016 looks firmly on the cards to produce a double digit rise in EPS to 5.6p and support a near 10 per cent hike in the dividend per share to 2.3p. The first half payout was raised by 11 per cent to 1p.'

[hyperboreus] 08/6/2016 13:48

Panmure Gordon have also increased their target price for Sanderson to 107p from 87p for what it's worth.

[hyperboreus] 08/6/2016 11:21

I have had a holding here since 2010 when I felt confident they were on the road to recovery but it was a Company I had followed well before that ever since their involvement in football shirt sponsorship as far back as the early nineties.

They very rarely exceed market expectations, but having said that they have not disappointed either in the last 5 years or so therefore as I intimated before they are an investment to just sit tight with and chill out!

You may be already aware of this but Simon Thompson is amongst Sanderson's admirers so no doubt he will get around to providing an update on the results in due course, good luck PJ 1.

[pj 1] 08/6/2016 10:15

Fair comment, Ill take your word on that Hyperboreus. I have not met or spoken to the Company and only took a starting position this year.

Do they have a history of being upgraded as the year progresses? Stockopedia has a low 8% eps growth for 2017

[hyperboreus] 08/6/2016 09:47

Taken form RNS this morning:

Outlook

'The general economic environment has continued to improve and although sales cycles do remain protracted, the Group has achieved a very high level of business from new customers during the period. Whilst the Board continues to adopt a cautious approach, the very strong order book and healthy balance sheet, together with an extensive list of sales prospects provide a good level of confidence that the Group will continue to make further progress and deliver trading results in line with market expectations for the current year ending 30 September 2016.'

I wouldn't call it flat PJ 1, the Sanderson board are inherently cautious and conservative but they are a really well run organisation ticking all the right boxes for investment as far as I am concerned.

[pj 1] 08/6/2016 08:34

Solid enough HY. Progressive divi maintained, bit of a flat outlook statement so its a hold for me.

[thomasthetank1] 11/5/2016 14:10

Read Panmure Gordon & Co's note on SANDERSON GROUP PLC (SND), out this morning, by visiting hxxps://www.research-tree.com/company/GB00B04X1Q77

"Here’s a thought – “Omnichannel customers display a higher level of loyalty to a brand and typically out-spend multichannel shoppers by over 20%”. That factlet reminds us that as the market continues to mull over the BHS collapse – its fail was the failure to modernise. We remind ourselves of Sanderson’s One Iota product, a digital offer helping retail clients to modernise their business – a product which speaks to the future of retail. Of course Sanderson is going through a three year transformation geared to growing and mo ..."

[thomasthetank1] 26/4/2016 12:45

Read Panmure Gordon & Co's note on SANDERSON GROUP, out this morning, by visiting hxxps://www.research-tree.com/company/GB00B04X1Q77
"The H1 trading update reprises the twin themes of continued operational progress and very strong sales order intake from final results. Whilst Sanderson flags up some “current nervousness” in the retail sector we think that its strong order book coupled with a good prospect list should ensure that it delivers the FY in line with expectations. Sanderson shares are trading on PE 15.6x, EV/EBITDA 8.8x and so enjoy strong valuation support. The shares were hit by the BHS liquidation yesterday, misplaced thinking as its One Iota product shows Sanderson helping retail clients to modernise their business practices – its product set speaks to the future of retail. However, the good news is that this makes for an excellent ..."