| Date | Subject |
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18/6/2021
14:56 | life of crime: Here is the tip:
Perhaps surprisingly at the advanced seminar the top vote went to Science Group (SAG) as a lovely isa tuckaway.
It’s one of those shares that goes unnoticed/untouched except for my advanced group! The shares have strong momentum off the back of a bullish trading update and strong results.
Revenue, profit and operating margins are all up. There is plenty of cash and management has skin in the game and bullish on prospects reporting operating profit likely to be 30pc higher in H1 2021. Downside? Not too many market makers in this one and so the spread can go to the wide side but usually it is fairly easy to deal well inside it. For example today the buy price looks like 410. It is actually 395!A nice idea for a safeish isa tuckaway for those with patience.
Shares have a history of rising, then consolidating, (price not moving much) then rising again. Looks like it is in a consolidating stage before another step up, targeting 450p then 500p.
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24/1/2021
13:24 | life of crime: The roll-out of digital radio across the EU continues apace (the article was dated 21 Jan 2021):
hTTps://mailchi.mp/12aa2f2fb149/worlddab-automotive-news-december-812334?e=281bb8ddf6 That is good news for Frontier and SAG. PS. The snow is falling as I type, here in London; what a cheerful sight it is in these trying times.
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12/1/2021
13:49 | life of crime: Excellent update on 2020 performance. They have restructured Frontier just as demand for digital radio is taking off in Europe, thanks to the law introduced by the EU Parliament a couple of years ago encouraging the roll out of DAB across member states. I would be surprised if they offload Frontier completely, as it looks like a cash cow in years to come. My guess is that there will be a partial sale to a bigger chip/module designer wanting exposure to a growing market, where they incur development costs and SAG sit back and count their share of future profits, plus the upfront cash from the partial sale. It just proves what might have been for Frontier, as an independent, if only they'd had decent management.
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11/1/2021
17:38 | energeticbacker: Several of AIM’s higher quality companies issued positive trading updates and in quick time after their year ends.
Investor's Champion's latest update covers some cracking companies. #gama #qtx #sag
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12/12/2020
17:15 | life of crime: An update at the link re. how digital radio has fared in 2020 and the prospects for 2021. At 1 hr 11 mins there is encouraging news about DAB becoming mandatory in all new EU cars from 21 Dec, which opens up opportunities for Frontier Silicon. I think that the growth in the EU of DAB over the next few years is what encouraged SAG to be so aggressive in their move on Frontier, because they could see how to exploit a huge market in a way that the previous useless executives were completely incapable of: hTTps://getdigitalradio.com/drive-to-digital-2020-stakeholder-video-briefing-launches/
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27/11/2020
11:43 | varies: At last the price has escaped its recent range of 200/250p and indeed reached a 7 year (if not all time) high.
I suspect that we are in for a long period of consolidation but I am happy to have SAG as one of my larger holdings.
I bought a DAB wireless recently and am very impressed with the quality of its reception.
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06/11/2020
11:05 | hazl: http://tools.morningstar.co.uk/uk/news/article.aspx?lang=en-GB&articleid=188657&categoryid=2142
Older article but mentions SAG.
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30/9/2020
08:18 | hazl: A reminder.
'During the past few months, most of the Group's business operations have been able to continue to operate. Only around 5% of staff were placed under the UK furlough scheme and, as of 1 September 2020, no staff remain on furlough. In the Group's main sites, a model of around 60/40 office/home working arrangements is continuing in order to facilitate social distancing and this is being reviewed regularly.
While the future economic environment remains unpredictable and the more recent currency volatility is being closely monitored, Science Group is well positioned with a strong balance sheet including gross cash (excluding client held funds) at 31 August 2020 of GBP22.0 million and net funds of GBP4.9 million.
In light of the resilient performance, benefitting from the rapid actions taken at the start of the pandemic outbreak, the Board anticipates adjusted operating profit for 2020 to be in line or possibly slightly ahead of the Group's original expectations for the year. T he Board has therefore now undertaken the deferred Group salary review and has also initiated a number of deferred investment programmes.
In line with the dividend policy update announced on 11 May 2020, to consider payment of an interim dividend later in the financial year, t he Board has also concluded that it is now appropriate to authorise an interim dividend of 2.0 pence per share which will be payable on 23 October 2020 to shareholders on the register at the close of business on 25 September 2020.'
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14/9/2020
14:47 | life of crime: I was a Frontier shareholder and have now invested in SAG. Given the half-year results and the update last week, I am pleased I did.
That they have turned around Frontier in less than a year shows what good management of a solid business can do, unlike the shower that was running Frontier before.
I think SAG has a lot of promise and I believe they saw Frontier's great potential, which is why they pursued it so aggressively. Sales of digital radios will take off in countries like France, Italy and Switzerland as they transition to digital.
France and Italy have stated all new radios there will have DAB and FM as standard over time, and Switzerland will switch off their analogue signal in the next 2 or 3 years. That will really add to SAG's profits.
This is definitely one to watch in the future and I may add to my investment if they keep on delivering.
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10/9/2020
11:48 | hazl: 'In light of the resilient performance, benefitting from the rapid actions taken at the start of the pandemic outbreak, the Board anticipates adjusted operating profit for 2020 to be in line or possibly slightly ahead of the Group's original expectations for the year. T he Board has therefore now undertaken the deferred Group salary review and has also initiated a number of deferred investment programmes.
In line with the dividend policy update announced on 11 May 2020, to consider payment of an interim dividend later in the financial year, t he Board has also concluded that it is now appropriate to authorise an interim dividend of 2.0 pence per share which will be payable on 23 October 2020 to shareholders on the register at the close of business on 25 September 2020. '
Great stuff!
Dividend reinstated.
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PLUS1
