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SCS Scs Group Plc

270.00
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Scs Investors - SCS

Scs Investors - SCS

Share Name Share Symbol Market Stock Type
Scs Group Plc SCS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 270.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
270.00 270.00
more quote information »
Industry Sector
HOUSEHOLD GOODS & HOME CONSTRUCTION

Top Investor Posts

Top Posts
Posted at 13/2/2024 12:20 by jaknife
Mackie,

"Anyone seen any cash yet?"

I was paid out by IG in my ISA on 30th Jan, which was a surprise. And today Interactive Investor have credited my vanilla share account.

And generally speaking, today is the day that I was expecting cash, as this was the date referred to in the "scheme effective" RNS:



JakNife
Posted at 13/12/2023 09:12 by thorpematt
Agree. I reckon most of them can't vote it down in reality. Voting it down means to share price will fall...and so will the value of their portfolios. At this stage in the cycle I reckon that is not a good look for most funds. Take the money is the mantra.

Hedge funds are the only ones with any liklihood of being able to vote it down without its own investors getting edgy. But in fairness they were the ones looking for the quick profit in the first place. They hold about 25% I think.

I'd be surprised if this doesn't go through.
Posted at 25/10/2023 19:54 by thorpematt
Farrugia
RFX I do like, different mix of business to HAT ultimately. I have always preferred HAT but I rate RFX a buy too.

GAMA
Well, not so much (director sells) recently (more so early in the year), but yes that's the one!

SFR
Anytime the yield tends to be higher than the PER works for me! But pretty much any valuation you like it looks cheap (take your pick).

Charlie Munger was once asked whether (at a berkshire AGM) if he was a value or growth investor. In brief he said that the 2 go together and I fully agree. Companies with great quality and growth metrics deserve high valuations and vice versa.

Simply put SFR is a better quality and better growth company than the average on the LSE...and yet it trades at a MUCH lower than average valuation. So I think it's a pretty good quality company at a very reasonable price.

BUT, here's the thing these are just suggestions and they may not be for you and you ought to DYOR as they say.
Posted at 22/5/2023 10:35 by davidosh
If you come for a day to this conference you will meet lots of companies and their management teams plus lots of friendly investors to network with
Posted at 20/10/2022 15:30 by davidosh
SCS will be featured in one of the sessions on the show on Monday...

Just to let shareholders and prospective investors know that Galliford Try, Warpaint, Delta Application Services and Quixant will be presenting on the MelloMonday webinar at 5pm on Monday 24th October 2022.

The programme for the evening is as follows:

5.00 pm Welcome and Mello Bliss update from David Stredder
5.10 pm Company presentation by Galliford Try
5.50 pm Alan Charlton & David Stredder discuss ‘Irrational Markets Create Bargains!’
6.10 pm Company presentation by Warpaint
6.50 pm Company presentation by Delta Application Services
7.05 pm Company presentation by Quixant
7.45 pm Karin Schulte presents Investor updates
8.00 pm Mello BASH

There will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.
Posted at 13/10/2022 12:04 by davidosh
Looks like steady moves up each day which is also going against the market for the past week so I think investors are starting to see the relatively low risk and high yield on offer here
Posted at 30/8/2022 17:59 by thorpematt
davidosh,
Very good points indeed.

FWIW I went through the portfolio a few months ago in preparation for the next part of the economical cycle. I sold most stocks which I perceived would be particularly adversly affected by issues of inflation, interest rates and fuel price hikes.

The only ones that fitted into that category that I didn't sell were ones that I perceived were so cheap that it a slowdown was already overly priced in, and thus would be both somewhat criminal to sell but more importantly meant that is was liable to a buy out. SCS was on that list...so I bought a bit more of it.

Whether or not Mr.Market agrees with my valuation is of little interest presently but it's a times such as these that the long term investors and PE tend to pounce. Whatever happens, in the mid-term I expect SCS to come out of it healthier than most of the competition.
Posted at 04/8/2022 10:55 by davidosh
I get very annoyed when companies provide such limited information in RNS

ScS guides FY(July) profit ahead of market expectations.


But absolutely nothing in the RNS to show what those market expectations are!!!….Why do Directors and advisers treat investors so badly when it is so easy to provide full information?

The shares trade almost at the cash level but they do not make clear how much of the cash held is actually customer deposits....meanwhile the company are buying back shares and going forward there will be a dividend yield of nearly 9% but nobody likes them.

How much sales decline with the economy tightening is an unknown but that cash buffer means competitors will be hit first so market share will grow and demand at SCS should remain.
Posted at 11/5/2022 07:08 by brucie5
Well, say what you like about relative merits of share buybacks, if the company is cash rich it is a roughly equivalent way for loyal investors to be averaging down by proxy.
Posted at 05/4/2022 21:00 by davidosh
They are buying between half and a quarter of the daily volume most days, you can’t buy back huge amounts in a thinly traded stock without causing significant price vol which they’ll want to avoid (635)

James.....they have set a limit so nobody with any size to give them will show it as it cannot be sold to them except over a few weeks if they are patient. So the price will go up then back down and investors lose confidence as the spread kills the benefit. The buybacks should be flexible to take volume at the lowest possible price. That in turn will then improve the earnings per share for the rest of us who stay long term.

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