Scapa Share Discussion Threads

[aztec786] 22/7/2019 12:11

Bought a few today. Hopefully will go higher

[woodhawk] 22/7/2019 10:33

For me, the divi is of little importance with SCPA - it's large and sharp capital gains I'm interested in here. For current divis I can do much better elsewhere. That said, the divi is more than I can get in the bank, so I may as well park a little here at a multi-year low share price

[mallorca 9] 22/7/2019 10:27

There are risk's here woodhawk but it's one hell of a potential recovery play.

They haven't cancelled the divi …. recently increased by 20%, in fact , you can still get the divi … goes ex divi later this week.

[woodhawk] 22/7/2019 10:00

Sooner or later it will ;-)

[mallorca 9] 22/7/2019 09:37

Is this about to explode upwards !

[mallorca 9] 22/7/2019 08:16

Market Cap now only circa £250m.

The Medical division alone produced profits of £20m.

This is way oversold.

I have added.

I expect a very sharp rise as the claim against Convatec is resoled.

[woodhawk] 19/7/2019 17:18

You haven't lost anything unless you've crystalised your loss, Dave. In any event, you're going to get some losses, everyone does - just try and make sure you gain more than you lose and try and spread your risk. If you're a worrier - perhaps quit investing in illiquid AIM stocks and try the FTSE?

[hopefuldave] 19/7/2019 16:46

Worry!!cant get used to losing money. This is quite a drop but I am now focusing on the quality of scapa, and a return to a higher share price soon I hope.

[woodhawk] 19/7/2019 15:00

If you're buying, why have you been moaning about the low price?

[hopefuldave] 19/7/2019 14:44

Oh well, buying!!, what the hell!!

[woodhawk] 19/7/2019 13:20

So, buying, selling or sitting tight then?

[hopefuldave] 19/7/2019 12:04

Never a whinger!! Just a realist!!

[woodhawk] 19/7/2019 11:05

What's your position here, Hopelessdave? Looking to buy, looking to sell or just a whinger?

[hopefuldave] 19/7/2019 10:52

No guts no glory!! No pain no gain!! How much longer to reap the rewards?

[mallorca 9] 19/7/2019 10:49

I've put quite a few into my SIPP.
Nice divi coming soon too.

[woodhawk] 19/7/2019 10:20

I suspect that this will be back over 200p soon, then very little resistance to 300p. In fact, there's a huge gap between approx 220p and 300p that ought to be filled. Recovery could be very swift - particularly so if legal action is favourable...

Got a small buy order in, interesting to see if I get my price ;-)

[mallorca 9] 19/7/2019 10:09

Normally I'd be wary of 'catching a falling knife'

however

Directors buying
solid report just issued
dividend increased by 20%
new plant opened in India
8% sales growth in Asia
Completed acquisition

Just can't see anything but an eventual recovery in the share price here.

[woodhawk] 19/7/2019 08:55

Quite right, mallorca 9. Most don't have the bottle to do it.

[mallorca 9] 19/7/2019 08:46

'Buy when others are fearful, sell when others are greedy'.

Warren Buffet

[hopefuldave] 19/7/2019 01:33

Let's hope you're right, mr know it all. Time will tell.

[woodhawk] 18/7/2019 18:50

"Do you seriously think scapa will come back from this continuous fall in its share price? If yes, based on what?"

1) Yes 2) Long experience of being a contrarian.

That enough for you HopelessDave?

One day you'll learn that you have to think ahead in this game and not follow the herd.

[mallorca 9] 18/7/2019 18:16

Also , new plant in India and 8% growth in Asian sales.

Lot's of positives being lost at the moment.

[mallorca 9] 18/7/2019 18:14

The fact that several directors have purchased recently, and the divi has been hiked by 20%, gives me hope.

This goes ex divi next week.
Those buying in prior also get the divi !

[hopefuldave] 18/7/2019 18:00

Do you seriously think scapa will come back from this continuous fall in its share price? If yes, based on what?

[woodhawk] 18/7/2019 15:45

Cheaper is better when you're buying, Hopefuldave. You want expensive when you're selling. Do pay attention!