Science In Sport Share Discussion Threads

[sphere25] 03/12/2020 14:15

Been a dog this, no doubt about it, but that trading update yesterday just made you wonder whether this could be a turning point so stuck it on the watchlist and the big trades yesterday into the close also then possibly indicated a real signal of a bottom.

Some decent buying today. Guess time will tell if this becomes a more serious longer term proposition and all the bad news is in the price as per Liberum bullish comments below:


"Sports drinks maker Science in Sport (SIS) is ‘significantly undervalued’ especially given its ‘resilientR17; update, according to Liberum.

Analyst Wayne Brown retained his ‘buy’ recommendation but placed his target price ‘under review’ following an update from the group reporting full-year revenues were expected to be marginally down year-on-year at £49.8m versus £50.6m.

The shares were trading 7% higher at 30.5p yesterday at the time of writing.

Brown said this was ‘a commendable outcome considering the backdrop’ and the second half had showed ‘very resilient acceleration’ in sales, driven by the online business.

‘At a current market cap of £39m, we view the group as significantly undervalued, especially when looking at the broad peer group and the sum-of-the-parts valuation for The Hut Group,’ he said.

‘Given [the] very resilient update and increasing confidence in the outlook, we will look to reinstate our forecasts shortly.’"


All imo
Don't be a lemon

DYOR

[davidlloyd] 03/12/2020 09:37

Expecting a holding announcement shortly after those large trades yesterday as nearly 20% changed hands....
DL
Update: RNS OUT - so that’s potentially 5million accounted for, still another 20million or so in the mix?

[nchanning] 03/12/2020 08:57

27 million shares traded yesterday , surely enough to take out whatever institution has been dumping . For the first time in a while it is hard to buy shares today . Realistic ambition here to hit £70 million sales with a 10% EBIT margin over the next few years . Put that on a reasonable multiple of 15x for a growing company of reasonable quality and a valuation in excess of £100 million seems very achievable. COVID seems to have been the impetus to cut some fat from the business and start improving margins whilst not causing any damage to the balance sheet despite the lockdown .

[davidlloyd] 02/12/2020 09:02

Actually- for once- IMV there's a lot there to like...
DL

[bbarry8] 02/12/2020 08:37

That's a good update. With a more normalised event calendar next year will should be in a position to deliver decent growth

[babbler] 02/12/2020 08:05

Well it didn't warn.

[zingerburger] 28/11/2020 16:36

this looks nasty chart like its going to warn sometime soon

[yump] 28/11/2020 13:21

If there’s actually no significant bulk brand loyalty, then spending on it won’t work. I cycle frequently with others and there’s a big mix of products used. More importantly, most of us get bored with one type so we swap brands.

[jollyjeff] 28/11/2020 12:42

Last year SIS had a trading update by now and recently they gave a deadline to some overseas distributors to place a final order, so perhaps they were hoping to boost their sales figures before giving the next update? but if so then no matter how poor this years numbers might be surely it will mean even worse figures next year as the affected distributors will become competitors.

[bbarry8] 27/11/2020 11:20

Any colour on flows?

[energeticbacker] 20/11/2020 12:49

Recyclable packaging is commendable initiative but according to Investor's Champion somewhat worrying that it has taken so long to address this issue.

[davidlloyd] 18/9/2020 17:06

What’s with the small 34p UT trades - holding this back..??
DL

[energeticbacker] 16/9/2020 14:24

Throw enough money at advertising and promotion and sales are bound to grow.

Profitable growth on the other hand is much harder to achieve, as Science in Sport demonstrates. Read our updated research on the Investor's Champion website.

[praipus] 11/9/2020 21:44

Hmm i'm seeing 55p with L&G out of the way?

Demand from locked down WFH runners, cyclists and gym sharks + rose tinted glasses:)?

In candlesticks its an upward continuation pattern?

[buywell3] 14/8/2020 01:42

free stock charts from uk.advfn.com





free stock charts from uk.advfn.com

Target IMO 20p

[skyracer] 23/6/2020 15:58

I used to buy the 40g bars to use before and after training. However I got fed up with the wild swings in price from 60p per bar to well over £1 a bar. IMHO the marketing people haven't a clue and are trashing their brand. They needed to encourage loyalty and reward repeat purchases. Anyway they drove me to find an alternative : Nairns Oat Bars 40g, 50-60p per bar, same nutritional value. Nice range of flavours. My favourite is CaCao and Orange (Apple and Cinnamon is nice too). SIS will have to spend more and more to keep turnover growing. A quicksand trap for investors.

[buywell3] 07/4/2020 04:18

To all Institutional Investors:

buywell knows his chart onions better than most.

He has tried to give some pointers eg:

buywell3 - 08 Jul 2019 - 14:46:22 - 329 of 358 Science in Sport - SIS

Chart now set up for another leg down IMO


Crowded market place this



and


buywell3 - 01 Jul 2019 - 09:46:23 - 328 of 358 Science in Sport - SIS

Miton sold some and AV. has bought quite a lot


Miton might consider selling some more





buywell is considering offering his considerable talents to run Chart classes with TA added as confirmation factor in key decision making based upon Chart pattern timing for Buy/Sell signals .

It would seem that a large classroom would be needed based upon the length of the list of you lot invested in this.

all IMO
no offence meant buywell is a nice avatar

dyor

[onjohn] 18/3/2020 17:49

Less people going to gym now

This will warn

[andyview] 23/1/2020 17:40

Late reported buying from yesterday