Scs Share Discussion Threads

[martinthebrave] 11/2/2020 07:41

All away at 220p which is okay. Hopefully they will have gone to some decent Institutional holders & the share price can then start to recover.

[dangersimpson2] 10/2/2020 22:00

Think they will have to take a fair haircut to get 25% away in one go, maybe even sub £2.00?

Better that they are all out, though, even if the price takes a big short-term hit. If they don't get them all away, then the market will know that the rest will be coming to the market as soon as the next lock-up period ends, and it would make no sense to buy any until the final chunk is placed.

[thorpematt] 10/2/2020 17:36

TBH I was half expecting this to occur. I tend to see these occurrences as price action - they certainly cannot be regarded as company news in any real sense.

That amount of stock in the market is never going to be good for the price. Conversely of course it represents quite the opportunity for an investor to time a bargain. From your perspective this could prove quite fortuitous I would think?

[thorpematt] 29/1/2020 19:24

Surprised by the uplift in sales last period. All we have heard across the retail sector is poor xmas trading, with pre-xmas all about uncertainty due to election and brexit.

I am guessing that forward trading is likely to be improved a tad with these last 2 issues out of the way, so 2020 may well compare well on LFL ratios.

Looking at the valuation here, it would appear that the market has priced in abject failure.

I calculate that if the company used its surplus cash to buy back stock it could more than readily cancel half the shares, giving it a PER of 5 and a yield of 14%

As it stands an EV / EBITDA ratio of less than 2 rather sums up the situation.

[kevph] 29/1/2020 07:47

Given what is going on out there, and these are discretionary purchases, I think this a well managed business. Its battened down and doing well in tough times. As ever, the market will judge...

[eggbaconandbubble] 29/1/2020 07:24

mmmmmmm! Any comments on Trading Update?

[swallowsflysouth] 27/11/2019 18:37

customers do not come first here ?

[deadly] 20/11/2019 11:46

4% rise this morning on a few trades and on a market heavily down.
Strange move.

[essentialinvestor] 09/11/2019 16:02

May be a trading update shortly, issued with the November AGM last year.

[deadly] 07/11/2019 09:57

11.2p XD today and price hardly moved, so nice profit and not surprising after the gift yesterday.

[stephen1946] 06/11/2019 12:52

PROFIT WARNING COMING.

MASSIVE MARK DOWN TOMOZ.

SEEN THIS COMING FOR A WHILE. EXIT TIME.

[woozle1] 06/11/2019 12:43

It's the price the VC is paying to exit.

[deadly] 06/11/2019 09:40

Nice drop ahead of xd tomorrow.

6.25 million shares placed at 220. Seller still holds 24.6%. Seems they don't want the divi!

[clocktower] 09/10/2019 15:14

Are home sales falling at an alarming rate in the whole industry?



"The firm went into administration on Tuesday, after an "unprecedented fall in sales" over the last 10 weeks."

[deadly] 01/10/2019 16:55

even bloody cheaper now.

[woozle1] 20/9/2019 14:59

Coz it's bloody cheap?
w1

[deadly] 20/9/2019 14:21

New all time high. Wonder why?

[brucie5] 10/6/2019 09:50

Jak,

You called? Or is your by-line supposed to say everything you intend when you simply announce your visit, and say nothing?

[thorpematt] 30/4/2019 22:53

I always find NED appointments fascinating. Not so sure that I'd like to see the share price performance at BWNG during tenure repeated here however.

Track record and performance is not the key criteria always of course... Always good to gets some gender balance on the board I suppose.

[woozle1] 29/4/2019 20:43

I think there maybe a special div in the pipeline .. there must excess cash building up and I 8magine the Vc investor wld like some of it .. DFS used to do this years and in accounted for the bulk of the return

[cashpo1nt] 29/4/2019 09:34

Why sudden jump?