Sanderson Design Share Discussion Threads

[bigbigdave] 28/4/2022 11:19

What a great top up opportunity this morning was!

[trt] 28/4/2022 11:09

Weekend press comment will push the price higher still on Monday morning . Those getting in beforehand will see a nice profit.

[mfhmfh] 28/4/2022 11:03

positive write-up by Paul Scott on Stockopedia this morning - 'irrtationally cheap'.

[netcurtains] 28/4/2022 10:41

It would be great to get a director (and or institution) buy in the next few days.

[cliffpeat] 28/4/2022 09:44

There have been 2 years of asset and distribution rationalisation and "cleaning up" of SUKs and operations generally - coupled with decent results and dividend.

It looks to me as if the company is being readied for acquisition - perhaps for when the world economy outlook improves.

Added today and intending to hold for 2/3 years (DV!).

Just thoughts - DYOR

[fegger] 28/4/2022 08:51

Happy to top up again at just under 1.60

[trt] 28/4/2022 08:40

There we go broker upgrades already.

[barnesian] 28/4/2022 08:25

Simply Wall Street have upped their SDG price target this morning from £2.08 to £2.30.

[salver2] 28/4/2022 08:24

Puts them on about 10-12 times earnings stripping out cash

[trt] 28/4/2022 08:22

You often get this on results day then the buyers flock in later. Broker upgrades will come and their clients will buy. Always take advantage of the dips many do and will then get bigger dividend payouts.

[netcurtains] 28/4/2022 08:17

They specifically said they are going better NOW than BEFORE the pandemic.
The share price was about £2.10 then.
Its currently £1.60

Its crasy

[bigbigdave] 28/4/2022 08:14

Just the sell the news brigade, give it a few days to stabilize.

[netcurtains] 28/4/2022 08:13

Blimy its down. I never in a million years would have thought that would happen.
Profits increase by over 100%
Dividend rise.
Outlook good.

Unbelievable.

[salver2] 28/4/2022 08:13

I thought the results as expected but dividend a bit miserable

[salver2] 28/4/2022 08:12

I thought the results as expected but dividend a bit miserable

[netcurtains] 28/4/2022 08:09

Currently, the up to date pe ratio is 14 (not bad for a company whose profits grew at over 100%).

[trt] 28/4/2022 07:58

Will grab a few more shares for my portfolio from the open before the rush.

[netcurtains] 28/4/2022 07:50

The dividend rise was a nice surprise. The outlook suggests costs being passed on OK and USA doing brill (dividend rise also suggests the outlook is good). Lots of stuff happening under the bonnet. UK factories producing at full steam (it's a great bonus to have UK factories).

Profits before and after tax both up well over 100%

Working from home = more people doing DIY (if any gas oil supplies cut to EU, Germany etc have already said they want more people to work from home )

[our haven] 28/4/2022 07:44

Very happy with these results, great all round performance. So see what the market thinks, hard to judge what the expectations were.

[trt] 28/4/2022 07:05

Quote - "I am extremely pleased to be able to report a strong set of results, not only delivering substantial growth against a year impacted by COVID-19, but also against 2020, prior to the pandemic. We delivered an excellent performance from manufacturing, continued strong growth from the Morris & Co. brand, strong licensing income and more than 40% sales growth in the USA, a key target growth market for us.

[trt] 28/4/2022 07:04

Fabulous results and a huge uplift in dividend payout.

[trt] 26/4/2022 12:08

Could well see another uplift in the dividend payout in the results tomorrow too. Overseas earnings will be very good.

[salver2] 26/4/2022 09:19

Around 165- 175 range - the only thing that slightly puts me off is the directors shareholding’s are quite low although I expect they get a lot of options

[netcurtains] 26/4/2022 08:52

PS - What price did the last director buy at?

[salver2] 26/4/2022 08:51

I think the results on Thursday will be very good and I think the cost of living argument is a bit overblown as far as Sandersons demographics go