Science Share Discussion Threads

[hazl] 24/6/2020 16:21

A quiet thread.

I guess it bodes well.

[hazl] 17/6/2020 09:11

Get the feeling that it's building somehow.
Impressive list of companies above.

[hazl] 17/6/2020 07:23

Mr Bertram is currently Chairman of Manolete Partners plc and a Non-Executive Director of Low & Bonar plc. He has previously held a variety of Non-Executive board positions including Alphameric plc, Anite plc, Microgen plc, Phoenix IT group plc and Psion plc, and was CEO of Azlan Group plc. Mr Bertram is a Chartered Accountant and has a degree in Accounting from the University of Kent.

[hazl] 17/6/2020 07:18

Now joint broker ....that looks promising.

[truffle] 16/6/2020 14:57

The company has been buying in shares in recent weeks but only in smallish parcels due to the illiquidity.

FST looks to be a good purchase and the trading outlook is beginning to look very promising.

[varies] 16/6/2020 14:34

Always a thin market; I have bought a few more.

[hazl] 16/6/2020 14:15

Some well deserved attention.

[hazl] 16/6/2020 10:35

Management is always key,varies.
Ruffer have a good stake.

[varies] 16/6/2020 10:31

The news about Frontier is comforting. Like many others here I am a former FST shareholder and I had doubts as to whether the DAB business could be made profitable.
I find SAG a hard company to value but, having done very well out of Microgen (name now changed to Aptitude)I have a high regard for Mr Radcliffe and expect him to do well for us here.
I hope for this year at least SAG will concentrate om the businesses it has rather than take on others.

[hazl] 16/6/2020 09:22

It seems the medical sector and the US regulatory operations performed particularly well compared to last year.
As far as the Frontier business is concerned; we will have hopefully, the retail outlets across Europe reopening and sales as earlier, or better.

'Frontier has traded profitably, confirming the success of the rapid post-acquisition integration programme implemented before the outbreak of Covid-19 and providing confidence in the future potential of the business. '

[hazl] 16/6/2020 08:11

It has grown into something more significant in my opinion.
I think I am wrong about my guesses in posts above, but right about choosing Science Group as an investment.
We'll see.

[p1nkfish] 16/6/2020 08:09

Expect more acquisitions.
Possible cash via real-estate sale and lease back. Only one problem there is valuation vs earlier this year. If not that then debt plus issuance possible.

[john09] 16/6/2020 07:57

I used to be an FST holder. Saw it peak at 220p and bottom at 20p interesting to see how that develops here

[hazl] 16/6/2020 07:52

"The Board is pleased to reaffirm that the performance of the Group in the year to date has been strong, despite the challenges posed by the Covid-19 pandemic. As a result, it is anticipated that Group adjusted operating profit for the first half of 2020 will be approximately 50% higher than reported in the same period of the prior year. Gross cash at 29 May 2020 was GBP21.6 million with net funds of GBP4.1 million .

This resilient performance has been achieved through a combination of organic growth in the Group's services operations and the contribution from the restructured Frontier Smart Technologies business, acquired in 2019. '

[hazl] 11/6/2020 16:04

Anybody feel the chip might have more varied uses?

[p1nkfish] 11/6/2020 14:23

Car market not coming back fast. Have to dig a little more on the consulting front too. My belief is even bigger companies are pulling in their horns even at the expense of future product development and research.

IoT might be "it" but it is very commodity already.

[life of crime] 11/6/2020 13:56

I have been keeping an eye on this one, having been invested in FST. I feel SAG will do very well out of the DAB market, but a lot more slowly than I had expected because of the hit to the world economy. Digital radios are not a priority for people on the dole or on furlough.

I do not feel the need to buy yet, as I can the share price remaining flat given the forces beyond their control. If anything it may drop if the recession turns into a depression.

I am sure I will make an investment in what looks like a well run business (unlike FST!) and they have executed the integration of FST very well and swiftly. I will continue to monitor the shares and buy on any significant dip (i.e. 10%).

P.S. I agree with the comments that the ventilator investment may end up losing them money, as CPAP seems to be both a cheaper and more effective way of treating the virus. However, that is always easier to say in hindsight and was a justifiable decision by management at the time. I like the look of the BoD and Warren Buffett always said the first he looked at before making an investment was the management. I only wish I had done that with FST because it had so much potential but was run by greedy muppets!

I can see SAG making a success of FST as DAB becomes standard for all new radios in places like France and Italy, which they have pledged to do, and Switzerland is phasing out the analogue signal over the next few years. A great opportunity for FST/SAG but it may take a year or so longer than expected because of this unprecedented situation.

[hazl] 11/6/2020 10:54

Agree but there is something about this one,I feel,for the future.

[p1nkfish] 11/6/2020 10:47

Low hanging fruit hard to find.

[p1nkfish] 11/6/2020 10:45

Been lucky off the bounce following late March, early April in various. Had cash and was lucky. Cant pretend it was skill.

Something in me is expecting another downdraught. No idea when but feel rudderless nearly everywhere I look. Is it me?

Have cash available again but just have a problem pressing the button to allocate. Strange times.

Little confidence in much I cast an eye over.

[hazl] 11/6/2020 10:00

I,too had a few recently, as interested in Frontier, as was.

[truffle] 09/6/2020 09:21

Agree with varies comment.

The ventilator business is now irrelevant, and we now need to know how the DAB/Frontier business is going.

[p1nkfish] 09/6/2020 09:17

Made some money on FST ahort term and was under no illusions about the management but when reading the SAG findings was shocked. It was a real big mess.