Sdi Share Discussion Threads

[rivaldo] 10/12/2019 07:29

An encouraging story today which should help SDI's prospects over time: Https://www.telegraph.co.uk/technology/2019/12/09/500m-boost-british-science-us-developer-seeks-build-new-labs/ Excerpts: "$500m boost for British science as US developer seeks to build new labs British science is to be handed a major boost from a US property developer preparing to plough up to $500m (£380m) into building new laboratories across the country. San Diego-based real estate firm Creative Science Properties has teamed up with estate agent Savills to scout out locations in Cambridge, Oxford and London where new labs could be built." "Mr Sadler said decisions over where the firm will spend money would be "opportunity led" and could include locations outside Cambridge, Oxford and London." "Investor Legal & General is already working with Oxford University to build a new £4bn science park as part of the life sciences boom."

[ssahoy18] 09/12/2019 09:42

push n run - i agree. its hard to overstate my satisfaction.

[rivaldo] 06/12/2019 10:46

SDI not hanging around - they've launched two new products: Https://www.atik-cameras.com/news/cmos-camera-horizonii/ "Our next generation CMOS camera Following the success of our first ever CMOS camera, the Atik Horizon, we are pleased to announce the next generation Horizon II. As with the original, the Atik Horizon II contains a 16MP CMOS sensor with a 21.9mm diagonal. This ensures the camera is an ideal option for those looking to use shorter exposure times and maintains the exceptional cost-per-pixel of the original Atik Horizon. etc" Https://www.syngene.com/news/launch-of-time-saving-pre-tested-ac600-pcr-workstations-from-syngene/ "Launch of time-saving pre-tested AC600 PCR workstations from Syngene November 28th, 2019 Syngene, a world-leading manufacturer of image analysis solutions, is delighted to announce it is now supplying the AirClean® AC600 Series of PCR Workstations. Some of the Workstations include HEPA filtration and all use UV irradiation to minimise the risk of airborne DNA contamination, saving scientists time by producing consistent quality DNA from their PCR. etc"

[pireric] 06/12/2019 07:21

Have updated the header. Good Friday all

[push n run] 05/12/2019 22:09

This was a triumph. I'm making a note here - huge success.

[hastings] 05/12/2019 08:34

Good point and I'll add that there are potentially decent openings for Chell through SDI's exposure to health etc.

[edscoville] 05/12/2019 08:21

It's worth considering Chell have established sales channels in Aerospace. This must be a huge opportunity for the rest of the group to consider how their technologies could be applied into that space. Quite a value add, aside from the accretion.

[edscoville] 02/12/2019 15:32

Apologies if already posted by others and I missed it, Finncap have re-rated at 75p following the acquisition. SDI Group (SDI) : Corp Acquisition – 7% accretive in first full year Key data Share price (p) 67.0 Target price (p) 75.0 Market cap (£m) 65.1 Enterprise value (£m) 66.7 SDI has announced the acquisition of Chell Instruments; paying c.£4.3m for the business (FY 2018 EV/Sales and EV/EBIT of 0.9x and 5.5x) funded from cash and a new debt facility with net debt at year-end now expected to be c.£5.0m. SDI has shown that it can source and execute another accretive acquisition in what was a competitive tender bid process. We expect the acquisition to be c.7% accretive to EPS in FY 2021 and raise our target price by 25% to 75p to reflect the accretion as well as rolling forward our target year, implying an EV/EBITDA of 11.9x and adjusted P/E of 17.3x.

[pireric] 02/12/2019 10:03

Nice acquisition indeed. More accretion than I was expecting because it's a fairly sizeable deal.

[rivaldo] 02/12/2019 07:28

Looks like another great acquisition - and a very material one too. Is it SDI's single largest to date? Mike must have been very impressed. Wholly financed from cash and loan facilities too, so not surprising that it's nicely earnings-enhancing straight away. The price looks good value at £4.3m (with more for assets including cash) for £0.78m PBT, but more importantly: "The Board has identified areas within Chell that have the potential for growth using the strong management team the company has recruited over the years" SDI have proven that they grow businesses strongly once they're integrated, and this looks to have similar potential.

[robow] 02/12/2019 07:07

well there you are

[hastings] 02/12/2019 07:06

Announced significant acquisition in the shape of Chell Instruments based in Norfolk. Adjusted pre-tax profits to hit £5m next year with EPS of 4.4p.

[ayl30] 01/12/2019 22:48

Rumour on Twitter of an acquisition to be announced on Monday. Just passing info on

[davr0s] 27/11/2019 17:52

Crikey a sensible comment from some one :)

[xajorkith] 27/11/2019 17:11

Good to see this hit 70p today :) Pleasantly surprised by such a rapid run up ahead of December’s results. Growth stocks showing real strength here & in the US of late.

[edscoville] 27/11/2019 15:21

is something we are not aware of yet? Some large buys occurred this afternoon?

[pireric] 27/11/2019 13:19

Incredible rerate. I confess to have reduced this to 8% of my portfolio now just given where the multiple now sits. So more of a normal proportion for me. Still positive mid term, just think it may need to settle back slightly short term

[rivaldo] 27/11/2019 12:33

Buying at 69.42p now....

[hastings] 21/11/2019 11:23

Breaking into new territory this morning on decent volume.

[robow] 21/11/2019 10:07

read across from JDG

[johndoe23] 21/11/2019 09:24

Patience required!

[ssahoy18] 20/11/2019 11:14

slowed a bit here but JDG keeps going.... maybe we'll get a bit more of a push at some point and a bit of a catchup

[the white house] 14/11/2019 16:16

Added, minimal downside by the looks

[rivaldo] 14/11/2019 13:13

New Fistreem web site - and the first piece of news flow, with some interesting closing comments from Mike Creedon: Https://www.fistreeminternational.com/news/new-website/ "Fistreem International relocates to Cambridge, UK to provide manufacturing excellence and support for customers globally October 30th, 2019 Fistreem International, a global leader in the development and manufacture of water purification products and vacuum ovens for scientific applications, is delighted to announce its relocation to the Synoptics site in Cambridge, UK. The move will ensure Fistreem has access to technology, manufacturing and marketing expertise, as well as the capacity to support its global scientific customer base. Fistreem, acquired by Scientific Digital Imaging (SDI) in September 2018 will be operational at the Synoptics site in Cambridge by the end of October 2019. where its main activity will be to produce the Cyclon Water Still, one of the world’s leading water purification brands. Fistreem in Cambridge will also manufacture the Calypso water stills as well as vacuum ovens. To complement the relocation, Fistreem has launched a new corporate identity including a new website www.fistreeminternational.com and new product literature detailing the full range of Fistreem products and services its Cambridge site provides. Technical services and spare parts will also be available from there, ensuring that Fistreem’s customers and distributors receive the level of product support they need. Mike Creedon, CEO of SDI commented: “The relocation of Fistreem to the Synoptics site in Cambridge will provide the company with the space, expertise and infrastructure to expand. Additionally, because Fistreem is now fully integrated into our AIM quoted SDI Group, it will also have the funding for that expansion, enabling it to fulfil larger contracts, that it has not previously been able to support. The move is very positive and we look forward to seeing Fistreem go from strength to strength in its new location.”