Sondrel (holdings) Share Discussion Threads

[cockneyrebel] 18/10/2010 08:49

Bought a few this am - interesting link there sharetips and that director buying is super keen.

Nearly got these a year ago but was feeling a bit more fragile then.

Trading statement due soon too if the same as last year.

CR

[sharetips] 06/8/2010 12:56

Have a look at www.brokerlink.co.uk for a fairly recent report on this. The shares still look too cheap!

[topvest] 17/5/2010 21:32

Yes, very encouraging results. £1m increase in cash in the 6m, makes the borrowings at £9m looks reasonably modest. Can see them getting net debt down to below £5m in 24m or so. Looking pretty solid. Could surprise on the upside given the level of contract wins coming through and given their reduced cost base. £10m market cap looks undervalued.

[battlebus] 17/5/2010 18:46

Excellent results today only confirms that recovery is well underway. Profit next year should be 50% ahead if it grows inline with the order book. Not many orderbooks up 50% in the current climate. Debt at 9 million should be reduced well next year.

[topvest] 21/4/2010 21:32

Yes, think this is looking good now. Dividend will be modest I suspect until they get the debt down further, but looking positive.

[battlebus] 21/4/2010 07:34

The recovery continues with a very positive update this A.M.

[battlebus] 22/3/2010 19:42

Upwards and onwards

[topvest] 21/3/2010 12:05

I'm not sure that management will buy the company. They are pursuing a sensible strategy which will lead to debt reduction and significant value to shareholders. To buy now they would need to do a debt funded deal I suspect unless they get a PE backer. Given management have such a large stake already, they can make a lot more by pursuing the existing strategy and selling in 1-3 years time. A medium term strategy offers a great deal more for existing shareholers in my opinion.

[battlebus] 21/3/2010 12:03

As cheap as possible a guess 30p. What ever happens they will be better off as the shares are sure to rise mid term so keep buying till 30p.

[doj4rivers95] 21/3/2010 11:25

battlebus - if your view is correct , and it is taken out by management.

The question is - how much will it be taken out for ?? In your opinion .

[battlebus] 13/3/2010 08:29

That,s why in my view this will be taken out by management.

[doj4rivers95] 12/3/2010 23:13

Great news it maybe, and recovery may well be on the way , but it seems SND is off the radar , as far as the market is concened , going by the amount of trades over the last two days.

Perhaps the directors will be encouraged to buy some more , as no one else seems to be.

[battlebus] 11/3/2010 22:41

Topvest are you into the same shares as myself or vice versa or is it a case of great minds think alike.

[topvest] 11/3/2010 21:44

Great news. Recovery well on the way here.

[battlebus] 11/3/2010 17:32

Great trading update which i believe they have made with a little to much caution anyway next results will be good and 40p beckons.

[battlebus] 02/2/2010 18:52

could take this out of the market at the current price for a song. Never a better time when the business is on the up.

[battlebus] 02/2/2010 08:10

Looks good again this am 25000 buy has jumped the shares now 24 to buy 1000.

[topvest] 01/2/2010 21:20

Just looked at the accounts. They were the only shareholder with enough shares to sell!!

[doj4rivers95] 01/2/2010 14:48

topvest - a question , the rns concerning Alchemy Parteners appears to have been issued at 14.11 today - how were you able to comment on this at 11.21 ????? I use digital outlook for my rns's - should I be using something else. ?

[wjccghcc] 01/2/2010 11:41

Hasn't really gone down.The MMs just widened the spread.

[topvest] 01/2/2010 11:21

Looks like Alchemy Partners have sold out. This is a very bullish signal as he has just put down £2m. The share price goes down. Madness!

[battlebus] 01/2/2010 07:49

Think its win Winn as he now owns 29.97% of the company.

[wjccghcc] 08/12/2009 08:12

55% revenues are recurring. Has helped to cushion the blow and enabled them to keep paying down debt. Good recovery potential here IMHO.

[topvest] 07/12/2009 23:02

Yes, Sanderson are a strong player with a quality revenue stream?

[essentialinvestor] 07/12/2009 17:12

The Economy in the ROI is a basket case at present.

Interesting that Sanderson have not been more adversely impacted,
any thoughts on this?.