Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Scs Group Plc LSE:SCS London Ordinary Share GB00BRF0TJ56 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  8.00 3.83% 217.00 210.00 213.00 211.00 211.00 211.00 7,441 16:35:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 268.1 -3.1 -5.8 - 87

Scs Share Discussion Threads

Showing 551 to 574 of 575 messages
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
DateSubjectAuthorDiscuss
14/1/2021
11:10
Trading statement scheduled for 27 Jan
cravencottage
28/12/2020
00:15
At our next MelloMonday on the 11th January we are going to do a sector comparison to include competitors SCS and DFS and look at all the data and ratios to decide which should come out on top.
davidosh
23/12/2020
10:47
This can only be good news for SCS and I suspect there will be long order books awaiting fitting in Feb/March by now https://www.bbc.co.uk/news/uk-england-hereford-worcester-55278064
davidosh
18/12/2020
15:50
Here is the next event but go to Mello videos https://melloevents.com/upcoming-event/mellomonday-21st-dec/
davidosh
18/12/2020
13:54
Ok David, I'm not sure if you mean I'm well off with my estimate of net cash (if the working capital were to unwind) or sales growth year to date? I'm more confident about the latter than the former, but what really matters at the moment is sentiment towards 2021, in my view.I will listen to the mello session tho.
frazboy
18/12/2020
13:50
Frazboy.....I think you are way off the mark there. I will be getting the SCS team in to do a Mello presentation early in the new year but the BASH panel covered the situation very well in our October show.
davidosh
11/12/2020
16:57
One thing to consider here when looking at the ginormous (in comparison with market cap) cash pile is the order time, which I think is currently around 16-18 weeks (check the trust pilot reviews, not refuted by the company). If you were to take annual sales and assume the order time has not changed (clearly, not entirely valid, the order time will have lengthened from May onwards until recently), and deduct forward orders from the cash pile then you're left with a cash pile of £10m, perhaps a bit more? Perhaps a better approach would be to take sales for this year thus far, assume the same YoY figures for weeks 18-19 as for weeks 15-17 (English lockdown, sales -65% YoY) and you get a figure of sales for the year to date being around 7% higher than 2019. What's happened since the lockdown has ended is anyone's guess, but do folk buy sofas in the run up to christmas? Regardless, that percentage increase is very supportive of the current share price but the headwinds are obvious, the vaccine (a minus not a plus - this was a Covid winner in my book) and potentially a slowing housing market in 2021 post help to buy changes/stamp duty reversion. I still have a small position here but would offload much above the current price.
frazboy
10/12/2020
09:15
Lobbing into this spike. 182 to 224 in no time. It's another where the market has been sleeping and presented a nice opportunity. Short term perspective only. All imo DYOR
sphere25
09/12/2020
17:15
Erm....ok... I guess that's one way of breaking £2, just close a tiny, incy wincy teeny weeny bit above it at... 216
sphere25
09/12/2020
10:48
The move to 200 this time comes off of a much higher base at 180 support, having breached and held recently the gut says its a legit move with legs. I can see this making a new all time high next year and divi reinstated at the next opportunity. Thats more than I can say for any other physical retailer.
soleman1
09/12/2020
10:01
Is it going to breach that key mark now with the price at 202? 43k on the bid at 202. Someone is keen. Don't often see that with SCS.
sphere25
08/12/2020
10:33
Nice move from when highlighted at 182p Test of £2 coming up with the offer currently at 201. It's key resistance this, usually bounces off it but you can see the short term trading opportunities in this one as per the posts above. All imo DYOR
sphere25
07/12/2020
15:36
Unless they are really big director purchases by non execs I think most investors only really take notice of executive director purchases and even then it needs to be a decent part of their overall remuneration not just token gestures. The company could buy sensibly at this level to cover future awards to the management team and prevent future dilution
davidosh
07/12/2020
14:23
this sector all about payment terms. UNO went bust after reporting cash pile bigger than mkt cap
mickeytt
07/12/2020
09:48
There are 5 other members of the BOD. Aware the CEO is departing.
essentialinvestor
07/12/2020
00:48
I have met management and certainly the situation in 2007 was very different to how we stand now. We are about to see the current CEO retiring so as he already has a large holding and his life tied up in SCS then I really do not think he should be buying even more shares. The new CEO may well want to buy some but he has not yet taken up his position and probably wants to see the company in operation before investing significantly. Scion selling is really just a minor adjustment but if they sell further then the broker or company need to get into action and I would want to know what Scion have as their reason to exit. Maybe they somehow think all of UK retail has problems. I am hoping to get the SCS management to my Mello on the 21st December so stay tuned
davidosh
06/12/2020
16:52
I would not not read too much into Scion marginally reducing, unless they continue to sell down their holding.
essentialinvestor
04/12/2020
16:40
Just thinking out loud here and any caution may be misplaced, so very much a case of DYOR. I'm gussesing David has met the management team so his view perhaps more informed than mine.
essentialinvestor
04/12/2020
15:56
I share your concerns (by the way I do hold quite a bit of SCS). It’s cash generative yes, and sits on a pile, so what’s the new boss going to do with it? Buy backs and Director buying recently would have been a good sign. I’m nervous - new CEO and Scion selling only months after buying in.
joemillson
04/12/2020
15:22
David, in it's previous stock market incarnation, ScS also had a very large cash balance in 2006, it was in administration 18 months later. Bought by the private equity firm who recently sold out. In the interim I'm sure many changes have been made and hopefully lessons learnt. It just makes me a little cautious though, perhaps unfairly so. I don't see directors adding recently and wonder if the pent up demand story for certain sectors is about to come to a halt?. If anyone has any thoughts on the above/or a different view, would be interested to hear, thanks.
essentialinvestor
04/12/2020
11:08
If they want to sell more then maybe SCS can take them out at this low level and put them into Treasury ready for an institutional buyer later as the company has plenty of free cash. Ideally the broker should be trying to get a new investor in if Scion want out.....maybe it was just a trim.
davidosh
03/12/2020
17:54
You're a savvy promoter ;-) *UPDATE* RNS the following day to show who the seller is. Scion have trimmed moving from 5.07% to 4.71%. It's a wait and see how much they want to lob and at what price.
sphere25
03/12/2020
17:07
Sphere....thanks for being honest and I certainly agree about some of the rubbish spouted and there are quite a few over promotional directors....certainly not the case here at SCS as I have met the directors. You would certainly enjoy the BASH (Buy, Avoid, Sell or Hold)panel session and you can enjoy SCS being discussed in the September one.....downloadable on our website. The largest shareholder was promoting his fund in that show too.
davidosh
03/12/2020
16:59
I also added today, could be the bottom but if not ill just add more on the next drop either way this is crazy cheap and will be much higher hopefully some of that cash mountain will be returned to shareholders in due course.
soleman1
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
ADVFN Advertorial
Your Recent History
LSE
SCS
Scs
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210123 15:45:39