Sdi Share Discussion Threads

[rivaldo] 13/1/2021 15:15

The new 37 page note from Progressive Equity Research is deffo worth a read having just ploughed through it myself. Informative (even for long-termers like myself), balanced and conservative numbers-wise. Here's the link again - free to register if not done so already: Https://www.progressive-research.com/research/building-on-its-proven-growth-track-record/

[tongosti] 13/1/2021 12:08

You seem to make the assumption that my approach to the game is similar to yours. My question into you is: why?

[arregius] 13/1/2021 11:58

You should not have sold in the first place, shouldnt you?

[our haven] 13/1/2021 10:35

I see Stockopedia have SDI in their 20 stock portfolio for 2021. Good write up and they scored SDI well across the board.

[arregius] 13/1/2021 08:28

I M not considering selling here. Compounders compound

[rp19] 12/1/2021 19:44

Thanks Rivaldo, I agree. The 2022 EPS forecasts are 4.8p, the same as 2021. Definite scope to outperform that.

[petewy] 12/1/2021 11:04

Revenue forecasts are high: Strong growth in FY20 and robust outlook for FY21 – Group revenues increased by 41% to £24.5m in FY20, boosted by acquisitions made in FY19 and FY20. After a strong performance in H1 21, we forecast robust growth in FY21, with revenues expected to increase by 33% to £32.6m." And more Still haven't top sliced. Thinking twice.

[glaws2] 12/1/2021 10:55

It's free to register

[arregius] 12/1/2021 10:54

Yes but you need to register or log in

[glaws2] 12/1/2021 10:44

If you go the RNS there is a link

[arregius] 12/1/2021 10:28

How can i access the note?

[trident5] 12/1/2021 10:01

Uh, they've RNS'd the research note too. Not a fan of directors blatantly promoting their share price; especially on the back of such a strong recent run.

[rivaldo] 12/1/2021 09:36

Er, what.....?!!

[trident5] 12/1/2021 09:22

"They've taken my comparison to JDG and run with it" From that we can just conclude that it's paid for research.

[rivaldo] 12/1/2021 08:41

Impressive new 37 page note just out on SDI from Progressive Equity Research: Https://www.progressive-research.com/research/building-on-its-proven-growth-track-record/ They've taken my comparison to JDG and run with it :o)) "Valuation at a discount to closest peer Based on our forecasts, SDI Group is trading on EV/EBITDA multiples of 15.7x for FY22, and 14.4x for FY23, and P/E multiples of 26.0x for FY22 and 23.0x for FY23. These valuation multiples should be considered in the context of our forecast for SDI Group’s adjusted EPS five-year CAGR standing at 24.2% at the end of FY21, and the potential for future growth to be boosted by further acquisitions that could be funded from internal cash flows. Based on consensus estimatesas at 8 January 2021, SDI Group is trading at a substantial discount to its closest peer Judges Scientific, which is trading on EV/EBITDA multiples of 28.7x for 2020 and 24.3x for 2021 and P/E multiples of 41.2x for 2020 and 34.0x for 2021." I suspect their EPS forecasts are undercooked. To Apr'21 I suspect the COVID-related contracts will continue to contribute for longer than allowed for in the forecasts, and possibly through some of the period to Apr'22, whilst the core businesses should imho recover momentum faster than the relatively stale pace allowed for in the forecasts. And of course that's without any further earnings-enhancing acquisitions.

[fillspectre] 08/1/2021 17:33

Is it my imagination or have the figures for the closing share price and share volume for today's trading continued to rise after the close? The volume and price action this week has been outstanding. Fils

[arregius] 08/1/2021 17:00

Good to see ath closing

[rivaldo] 07/1/2021 11:41

I rather suspect it's SDI heading for JDG's rating. JDG has always traded at a high premium rating due to its solid track record and quality of management. SDI certainly has top quality management and has also now established an attractive track record, imo anyway. If that continues, then there's no reason why the two ratings shouldn't converge at the higher level, markets allowing (I haven't made allowances for cash/debt - I've assumed that this differential isn't material if anyone wants to check).

[trident5] 07/1/2021 09:11

True. But as always with these comparisons - JDG may instead be heading for a SDI multiple.

[rivaldo] 07/1/2021 08:47

JDG reported this morning they traded ahead of expectations for 2020. That puts them on a historic P/E of around 42 given the 151.8p EPS consensus stated in their RNS. For SDI's year ending 30th April an equivalent P/E would put SDI at a 190p share price. Certainly something to aim for!

[petewy] 05/1/2021 14:33

Thanks Riv. It has a backdated news channel if it is new.

[rivaldo] 05/1/2021 12:39

I believe this is a new web site for Synoptics, highlighting in particular that this is now a division comprising "digital imaging technology through its Syngene, Synbiosis and Synoptics Health divisions, and water purification and vacuum technologies through its Fistreem division": Https://www.synoptics.co.uk/ "Synoptics Ltd designs and manufactures scientific instruments based on digital imaging, water purification and vacuum oven processing for the life science research, microbiology and healthcare markets"

[tongosti] 04/1/2021 20:06

Online board stalkers and their IQ...Ah well....Happy new year everyone.

[mg1982] 04/1/2021 10:00

Tong, how did you manage to get 117 on 21 December as per your post below when the best price available was 110p on the day? Calling out your BS once again. Please be careful of this sick individual. He has a history of lies and ego trips. tongosti - 21 Dec 2020 - 09:19:19 - 871 of 883 SDI Out completely - leave smth for the next guy.