Science Share Discussion Threads

[life of crime] 19/8/2022 17:45

Your words have been vindicated, Albert. Nice tick up from the lows of February and a very good update in July.

This is a well run business and any clouds on the horizon are beyond their control, e.g. a possible global recession. One to tuck away for the longer-term and enjoy the dividends. Good luck to fellow holders.

[albert arthur] 26/7/2022 00:16

Not really, just a slow burner..

[secretsqu] 25/7/2022 19:07

The market thought otherwise.

[albert arthur] 25/7/2022 07:37

Nice results.

[albert arthur] 23/7/2022 13:40

Not sure if anyone noticed this:Last update: The Board is closely monitoring the impact of materials, energy and wage inflation but is benefitting from a broadly offsetting effect due to the strengthening of the US Dollar relative to Sterling. You can still win in this marketThe Group has had a good start to the year, with performance through April slightly ahead of the Board's expectations. It is therefore anticipated that the Group will report adjusted operating profit ("AOP") for the first half of 2022 around 20% higher than in the same YOY #SAGhttps://twitter.com/albert__arthur/status/1550822274781020160?s=21&t=PEdyhYbsJlX_ZQXAOP7Uow

[albert arthur] 22/7/2022 08:42

Monday, results:SAG results Monday... gross cash 34% up, net funds up 70%, EPS51% operating profit up 48%Should have a good day.

[life of crime] 14/7/2022 13:10

TPG have confirmed the sale of Sapienza has been completed. They got £2M with half going towards paying down debt and the rest staying within the business. It's not a lot of money but every little helps.

I would not be surprised to see SAG make a bid for TPG once the restructuring is completed and I take the point about the drop in TPG's share price, which makes a bid more attractive to SAG.

Happy Bastielle Day to our French cousins!

[johndoe23] 11/7/2022 13:51

Trading update due on Friday?

[rolling ronnie] 11/7/2022 09:54

"I wonder if they will bid for TPG once destroying the share price is complete. Enjoy the long bank holiday weekend to all."

FTFY

[life of crime] 03/6/2022 16:27

It looks like the SAG executives on the TPG board are making their influence felt, following through on their intention to slim down the business:

a-consulting-ltd

I wonder if they will bid for TPG once the restructuring is completed. Enjoy the long bank holiday weekend to all.

[life of crime] 22/5/2022 17:58

Agreed, the results for April are encouraging, given the backdrop of the Ukraine war and surging inflation all happening In the weeks leading up to then.

My only concern is that Frontier's earning may dip in the second half of this year, as consumers cut back on discretionary spending, i.e. DAB radios, to cover the essentials. That aside, I think the share price has held up well and but for the emerging economic woes and the continuing war, I think SAG would have been £6+ by the year's end, but that looks less likely now.

This is still one to hold for the long-term, though, IMO.

[johndoe23] 20/5/2022 10:54

Very pleasing trading update this week. Slightly disappointing share price reaction, but this is the current climate!Someone has picked up 140k worth of shares this morning

[life of crime] 15/4/2022 15:56

As expected, the share price has ticked up nicely after the Ukraine war induced slump. The cost of living crisis should not affect the business too much, perhaps with the exception of Frontier; if people have to watch the pennies because of the increasing cost of essentials, then they may be less inclined to buy luxuries like digital radios. I think we will see a lot of people looking for yellow sticker items in the future!

Enjoy this Good Friday bank holiday to one and all, and enjoy the rest of the Easter weekend.

[johndoe23] 14/4/2022 15:31

Nice move up. Though the spread is terrible

[johndoe23] 30/3/2022 10:51

Absolutely truffle. Tempted to buy more!

[truffle] 30/3/2022 10:48

The good news is that the company loves itself!

A total of c. 140,000 shares repurchased over the past 10 days or so. Sends out a very strong and clear message in my view

But DYOR

[johndoe23] 30/3/2022 09:03

There's a few of them at present!!

[tizo100] 29/3/2022 22:30

Totally agree but it's looking like another one of those unloved shares.

[life of crime] 28/3/2022 15:45

A bit late in the day, but I thought the results were excellent. I was pleased to read that Frontier continues to go well, which I always believed it would. All it needed was good management.

I am looking to top up because, as Warren Buffet always said, if you want to invest look at the management first and these are good ones. Well done all round.

[varies] 17/3/2022 09:28

The results are indeed good but the TPG investment is, of course, unrewarding so far with losses on contracts in its marine business proving worse than expected.
SAG's refusal to proceed with a takeover at 6.5p without full details of these contracts has certainly proved wise.
It will be interesting to see how this investment turns out.
I must confess that I bought TPG shares at about 5p in the expectation of the bid proceeding but my holding in SAG is luckily much bigger.

[truffle] 17/3/2022 08:08

Yes, very good results. As usual.

Yesterday's share buy back suggests that, subject to any external or unknown factors, a price around £4.00 is a floor price for the business

[tizo100] 16/3/2022 17:49

Brilliant results today and sounds like another acquisition in the near future

[tizo100] 14/3/2022 11:57

Results on Wednesday 16th March

[km18] 07/3/2022 12:25

...from last year...

Company overview:
Science Group is an international consulting services group supporting the entire product innovation lifecycle. The Group operates through three business lines – R&D Consultancy, Regulatory and Compliance, and Frontier Smart Technologies with clients in over 100 countries. SAG’s record performance in 2020 is driven by its blended approach towards growth opportunities, incorporating acquisitions and organic resource all together. The company has managed to finance majority of investments with its strong balance sheet cash resources, and over the past few years is continuously retiring debt.
Latest trade update for the H1 2021 prove management is on the right path, with results ahead of Board’s upgraded expectations. 10% growth in Revenue, brought the figure up to £40.7m, from £36.9m last year and adjusted EPS increase by 51% to 13.3 pence (compared to 2019 this is 125% growth).The biggest share in revenue holds R&D consulting with Frontier Smart tech and Regulatory closely following. Strong results from the first half are strong pillars on which the Group is looking to build on the rest of the year.

Competitors: Innovolo, DMS Technologies, as well as all the big players, such as Mckinsey and BCG

Short analysis (FY 2020):

Cash is up by 88% for the year end 
Net debt is negative as cash covers short- and long-term debt levels
CA/CL =  1.43
Cash ratio = 0.97
Interest coverage = 9.67
P/S = 2.35 – average for the sector
BV ps = 100 - increased at 2.05% CAGR
Operating profit of £7.13m, significant increase from 2019’s loss of £214k....

..from WealthOracleAM

[davr0s] 24/2/2022 19:04

I've bailed today to reduce wider PF exposure. The reason is trend broken - fundamentals mean j s in this market. Hard sell as I used to work for them