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Share Name Share Symbol Market Type Share ISIN Share Description
Sdi Group Plc LSE:SDI London Ordinary Share GB00B3FBWW43 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -0.93% 53.00 52.00 54.00 53.50 53.00 53.50 254,268 08:32:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 17.4 2.1 2.1 25.2 52

Sdi Share Discussion Threads

Showing 1851 to 1875 of 2475 messages
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DateSubjectAuthorDiscuss
22/5/2019
15:27
Thanks from me too EE
alter ego
22/5/2019
13:50
Much appreciated Eagle Eye.
ihatemms
22/5/2019
13:27
Useful, many thanks........
soundbuy
22/5/2019
13:09
According to David Stredder there were 110 people in the room which had a capacity for 85 !
glaws2
22/5/2019
11:21
Really useful, thanks for sharing.
s_a_b
22/5/2019
10:08
Some notes from the Mello Chiswick presentation last week. The speaker was Mike Creedon, the CEO and the attendance was about 60+ people, so standing room only. SDI has been a turnaround since 2010 when Ken Ford and Mike Creedon joined the company. Mike was CEO and CFO in the early years to save costs. Now the company has scale, an FD has been appointed plus two NEDs. The objective is not just to buy businesses at a multiple of 4 to 6 times, but to generate organic growth. Last year organic growth was 11% supplemented by 20% through acquisition. The share price has risen from 7p in 2015 to currently stand in the 50's. The market cap of £50m now attracts a different level of institution which is good. The CEO has a hands on approach, visiting the UK businesses every fortnight. Discussing some of the acquisitions: Astles Control Systems came via the private equity route. It has been chemical etching since 1946, so is old fashioned technology. It's a dirty business as it involves chemical treatment in a wide range of applications including engraving grids for microscopic slides and gun sights. It has good margins and was a cash cow for the previous owner. It had sales of circa £2m and EBIT of £600K when purchased. It was purchased for £3.4m (with further earn-out of up to £1.3m). One of the stars is Atik that manufactures cameras. Based in Lisbon, it is a low cost quality manufacturer. It is now looking to triple the size of the factory following a big OEM contract win. The turnover was £1m when acquired, but it's now grown to £4m. Sentek is the second star in the business and recently capacity has been increased. Based in Braintree, it produces many products for Siemens, so serves a growing market. The most recent acquisition is MPB Industries which is based in East Peckham. It is an old fashioned business producing flow meters and process control instrumentation. What's good is that Peter Astle is a mentor to the business and SDI sees good opportunities for growth. Mr Creedon then summarised what SDI looks for: Businesses are usually UK based, selling worldwide and both profitable and cash generative. It should also have a strong financial track record and strong management. It doesn't look to buy cheap, but looks to pay a fair price. There is an opportunity pipeline of around 20 opportunities, but four are real. Mike Creedon runs a tight financial ship, so don't expect him to attend investor events too often. The 2018 Annual Report is very informative, but the company has run out of hard copies. However, it is available to download from their website. Https://scientificdigitalimaging.com/investors/reports-presentations/
eagle eye
17/5/2019
12:12
Any feedback from the Mello apart from what's on twitter?
ihatemms
17/5/2019
11:44
If clear then yep, would have had a blinder yesterday with Mello etc......and for every seller a buyer blah blah so ..........
soundbuy
17/5/2019
11:27
One would suggest it wouldn't take much to get back to 60p now it's clear
ronwilkes123
17/5/2019
11:23
End of that iceberg sell order yesterday I'd guess...........
soundbuy
17/5/2019
10:49
802k buy earlier?
block4gooner
16/5/2019
16:12
Caught that........added a tad.........
soundbuy
16/5/2019
16:06
Mello presentation went v well looking at twitter and investment is non recurring
ronwilkes123
16/5/2019
12:06
Not budging above 56pSeller ?
ronwilkes123
16/5/2019
10:32
Some big buys coming through - has the presentation started?
ihatemms
15/5/2019
09:44
Looking forward to see them present & perhaps even meeting you ?
cockerhoop
15/5/2019
09:26
I'm sure those seeing SDI in action at Mello tomorrow for the first time won't be disappointed. I personally always enjoy Mike Creedon's straight and tell it as it style.Hopefully meet a few new investors alongside the regulars I've met previously.
hastings
15/5/2019
09:21
Have upped my holding this am, a good niche company doing the right things
ayl30
15/5/2019
09:20
Invested £250k "for future growth" according to Finncap.(see Rhomboid on Twitter). That is the equivalent of a 10% "Beat". The trend is stronger that it first appears. Happy to hold these.
martinthebrave
15/5/2019
07:38
Agree with Eric/Rivaldo.Was also hoping for a beat on pre-tax but as riv has pointed out additional investment for growth explains and I'm happy with that.Debt lower than FinnCap forecast is also positive.
hastings
15/5/2019
07:28
A good year, with PBT up to £2.8m from £2.3m. With revenues ahead of expectations, some additional investment meant that PBT was in line, rather than ahead as per pireric's calculations. Hopefully the additional investment will be reflected in even better figures for the current year. I'd hope to see another acquisition or even two this year which should lift earnings again. EDIT - good summary pireric, beat me to it!
rivaldo
15/5/2019
07:23
Indeed. I like to be black and white on results releases etc and I'm a little disappointed. I set out the maths as above, so it looks like H2 was a fair bit weaker than H1 so want to understand what drove that dynamic. Mello tomorrow will help I'm sure EDIT: Now very clear that we would've got the beat I was expecting had we not had an incremental £250k of investment into future growth. That sits well with me In line is good, but with Brexit disruption etc to be flagged into H2 numbers, an in line performance is a touch underwhelming on the profitability front. Though if investing for growth then obviously good over the mid term and does marry to a better than expected revenue performance. If you take the 'moderate investment' out then you can infer that perhaps profit would also have been moderately ahead. More than happy with the long term story and remains a great stock. If the market shared my optimism that the H2 bar was low and that we were set for a beat then it could be down 2-5% today I reckon esp given the strong performance YTD. I think it finds quality support around 16x-16.5x P/E, which is around 53 - 55. If the market didn't expect a beat then then flat to up slightly? Will give a read of the Finncap note tonight.
pireric
15/5/2019
07:10
POST REMOVED
buywell2
15/5/2019
07:08
That's how I read it
ayl30
15/5/2019
07:06
Profit before tax in line not ahead unless I've read it wrongHappily corrected
ronwilkes123
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