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Scapa Investors - SCPA

Scapa Investors - SCPA

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Scapa Group Plc SCPA London Ordinary Share GB0007281198 ORD 5P
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 214.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
214.50 214.50
more quote information »
Industry Sector

Top Investor Posts

planetgong: We should maybe feel a bit sorry for Merian Investors who went short 1.8% about a week ago...?
discodave45: Interactive Investor lists a trading statement for Monday.
value viper: Institutions backed it in an oversubscribed placing at 105p recently- shares reached 130p level shortly after. Investors have a right to be disappointed short term with this update which was wishy washy - fact. I don’t agree with your 11x book value - I have 97p book value per share for 2021 so we are at book value now (on a forward basis) depending on what info one wishes to focus on. I agree investors require patience.
luzley: A substantial step change over the coming 5 days should see £1.30 revisited and broken allowing Woodhawk (and myself) to earn a few bob. He can step off the traders ladder whilst I ride the investors train....simples!
luzley: Looking ripe for both stances at the moment, trader and investor alike next week as we approach update on 23rd. Expecting an good realistic outlook as lockdown in general eases. Scapa has been actively manufacturing throughout so clearing the stock chains and getting pull through is vital. Once we get hospitals into normal operational procedure then dressing demand should begin to flow and accelerate.....the sooner the better. Prudent management with seasoned skillset and attention to cash conservation should ensure sustained move upwards barring FTSE setbacks.
netcurtains: Woodhawk: No sorry I did not miss the point. I was just responding to the emotional V accounts based messages. Yes, its good to trade (the spread is small so makes it great). If there were less traders the spread would be wider, so investors (like myself) are pleased (really chuffed) that traders like to trade it as it makes it easy to buy and sell ... Hate shares with wide spreads. This is great! So thank you all the traders in SCAPA - you make it what it is!
woodhawk: netcurtains, Your 'advice' is of no use to me - as far as SCPA is concerned, I'm a trader of this share, not an investor - I invest in other stocks. PS I spent way too long chasing 'X-baggers' before I learnt the error of my ways. Drivel like "cheap as chips" and "Lets get this back into orbit" is only redolent of cheap ramping, mate.
netcurtains: Woodhawk: Yes but if it was so obvious - everyone would have sold everything and all stocks would now be valued at ZERO. Clearly its NOT obvious and what is happening is more subtle than that. Its like a global dance with waves of sells and buys, with chaotic strands going counter clockwise. (I'm currently developing a stock picker program to find stocks to analysis (Java, MySql and yes selenium).... Scapa came up on my list... "The global dance" hangs round such things as the Dow Futures (slightly up today).. Dow responds to News items but one also tends to suggest there is a pattern behind it all.... A bit like working out the weather for a week but more complex. Dow Futures (and other other futures) are kind of based on what investors will pay for the underlying shares and they run 24 hours a day. So one could use technical analysis on the Dow Futures (I guess) 24 hours earlier to guess if yo should sell today or buy. Currently Dow says this is a buy morning.... but wouldn't it be great if you knew that at 4pm yesterday when some sold?????
mr motivator: -50% -60% end of day? crazy. Glad I am not in this. Sorry genuine investors.
robow: from The Daily Telegraph Questor: money flows out of Scapa but readers should resist any temptation to join the flood Questor Inheritance Tax Portfolio: after a torrid month for the tapes maker – the loss of its boss and a big contract – things are now looking more rosy It’s been an eventful few weeks for Scapa, the maker of industrial and medical tapes tipped here in March last year at 471.4p. On May 21 it published perfectly satisfactory full-year results but unnerved the market somewhat by announcing that its chief executive, Heejae Chae, who had largely steered the company’s successful restructuring, was stepping down. Two weeks later came a much bigger bombshell: Scapa said it had received notice from a large customer, ConvaTec, that it was terminating a contract in North America worth about $30m (£24m) a year in sales. The shares lost 47pc. Then on Monday this week the company said Mr Chae had agreed to rescind his resignation and would stay on “to execute the current strategy” Keith Ashworth-Lord, who holds Scapa in his SDL UK Buffettology fund, told Questor: “The results in May were nothing other than good, but Chae’s retirement was a bolt from the blue. He is regarded as the architect of the firm in its present form and the market thought there were no succession plans. “Then, when the ConvaTec announcement came, investors put two and two together, came up with five and crucified the share price.” He added: “Last week a group of shareholders, including us, tried to get him to change his mind and convince the market that he hadn’t resigned over ConvaTec. We got the result we wanted this week and the shares have recovered to about 195p.” He said the loss of the contract was “material but not the roof falling in”. “Chae will stay until the problems are solved and that will give Scapa time to sort out the succession,” he added. “This holding has not been my finest but we are sticking with it. We bought more shares heavily after the fall – about 800,000 at various prices as low as 159p. We think it’s been an absolutely classic overreaction by the market. Personally I’m very relaxed about the whole thing.” Questor: hold Ticker: SCPA Share price at close: 199p
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