Sdi Share Discussion Threads

[rivaldo] 14/12/2020 15:35

Hope this thread remains as steady, quiet and informative as usual.....the share price is up 3p today to new highs, but there's almost no-one posting :o))

[tongosti] 14/12/2020 15:07

Great time to hear the cash register ring again. Cashed in a bit more whilst trailing the entire position at a much higher price than last. This is +60% from my entry price in very few weeks which does not happen every single time we play the game. Still in with 4/10 of my original stake though.

[petewy] 14/12/2020 12:22

Thanks for the link Hastings. Very optimistic and quashed my top-slicing reactions.

[tongosti] 14/12/2020 10:45

Another great start of the week gents. Hopefully we will see another major appreciation before the end of this month. Odds are definitely most favourable. Good week all.

[pugugly] 11/12/2020 16:42

Now presenting on Investor meet company

[tongosti] 11/12/2020 12:46

Same positive behaviour continuing today. One wonders what this stock can do when the mood of the markets turns for the better!Good weekend chaps.

[tongosti] 10/12/2020 10:51

Going up in a v challenging environment today in the wider markets. Top notch relative strength.

[rivaldo] 10/12/2020 10:36

Encouraging to see an NED transferring into his ISA enough SDI shares to almost cover his entire annual contribution:



Mind you, his broker didn't do him any favours with a 102.5p-107p spread :o))

[energeticbacker] 09/12/2020 16:51

Excellent results - overall revenue increased 23% to £14.13m, including 7.7% organic growth.

Duke featured in today's Investor's Champion update.

[rivaldo] 09/12/2020 15:22

Cheers hastings, excellent summary as always.

Finncap's forecast seems, erm, VERY conservative, with only 2p EPS needed for H2 after 2.47p EPS in H1. It's saying that there won't be any growth in the group at all, even with the return of business to those companies affected by COVID in H1, and that the return of Atik's OEM sales, plus the earning-enhancing Monmouth acquisition, won't have any effect on profits, even with Atik's COVID contract continuing into well into H2.

I have no doubt that Finncap will have been guided conservatively by SDI's excellent and prudent management team. Investors can draw their own conclusions.

[tongosti] 09/12/2020 15:20

Great action. That's what one wants - fundamentals being in sync with Mr Market (because if they're not one never makes any money). Enjoy the rise folks. With the update out of the way the sky is blue for the next few days and weeks (caveat - bar a major pullback in wider markets of course).

[hastings] 09/12/2020 13:43

Write up for interest.Https://martinflitton1.wixsite.com/privatepunter/post/sdi-excellent-interim-results-09-12-12

[ymaheru] 09/12/2020 11:53

Rivaldo, I'd better check again then. I have a note that it's much higher in H1.

...yes, you're right. Below are raw figures:

FY 2016 2017 2018 2019 2020
Reported EPS 1.15 1.14 1.79 2.05 2.56
Interims 0.04 0.64 0.98 1.12 1.37
%H1 3% 56% 55% 55% 54%

So, even with more acquisitions by H2 usually, H1 has delivered more, but not significantly at all, so I guess your 5p seems far closer than my 3.5p.

That revises my value for SDI to over 150p. It's still a worthwhile buy at this price then.

[rivaldo] 09/12/2020 11:10

There's an InvestorMeet company presentation at 4.30 on Thursday for anyone interested - usually well worth listening to:



Ymaheru, I don't remember there being any great seasonality to SDI's business and would be surprised if there was anything material as such? Difficult to pick through given all the acquisition activity, but happy to be proven wrong.

[ymaheru] 09/12/2020 09:10

Yes, strong results.

Rivaldo, SDI get most their profit H1, but it’s higher than my estimates. I was hoping 3.2p for year after Monmouth, so working on 3.5p now.

As people point out, it’s a good long term hold. I’ll probably accumulate on any dips.

[tongosti] 09/12/2020 08:54

Good update and more important than that is Mr Market's take. Seems he did a good job anticipating the latest and now he's holding up well. Open to all trading contingencies of course but so far so good on the long side. Happy to be in. Good luck chaps.

[hastings] 09/12/2020 07:29

Echo that riv, very pleased indeed.I'm speaking with Ken later and will add something afterwards.

[our haven] 09/12/2020 07:26

Ayl30 Could not agree more, what great results against this economic backdrop.

[rivaldo] 09/12/2020 07:25

These are terrific results - that's 2.47p EPS in H1 alone. So simplistically doubling up for the year gives around 5p EPS, with further upside from this month's earnings-enhancing acquisition of Monmouth Scientific.

Which leaves the current share price looks pretty good value.

Excellent cash generation, with net debt down to almost nothing prior to the acquisition, and SDI confirm they hope to make at least one more acquisition next year.

I note the Astek COVID-19 ventilator contract will continue to benefit H2, which will then additionally benefit from Atik's core business returning. Great to see Synoptics doing well too.

Can't ask for more, especially in such a pandemic-affected period.

[ayl30] 09/12/2020 07:16

Reading results makes me realise what a good decision it was to invest here. Very well managed company

[tongosti] 07/12/2020 11:21

Good seeing you on this board as well OH. Am sure you have enjoyed the rise so long that may continue. No - I do not think the party is over at all (you know my trading philosophy makes a clear distinction between underlying business and related share price performance) but we are a bit (not a lot that's for sure) overstretched in 1-5 day timeframes. Hence my scaling out. Still in though with the remainder which is still significant for me. Good luck pal. Arregius - that's exactly what I am doing but if you had known my philosophy, you would be aware that reward/risk is inversely correlated with price moving in one's favour. Big topic outside the scope of this board. Enjoy the rise.

[our haven] 07/12/2020 10:56

I only invested mid last week having watched for a while. Should have got in earlier but at least the party is not yet over.

[arregius] 07/12/2020 10:52

RUN YOUR WINNERS

[tongosti] 07/12/2020 10:48

That's why it pays to hear the cash register ring frequently as trees grow to the sky. Cashed in a bit more out of my original stake (+45% from initiation) and still have 1/2 of it in the running.

[tomv33] 07/12/2020 10:46

Hit an all time high now