Sdi Share Discussion Threads

[rp19] 06/5/2022 07:15

That is an excellent update.

[bdroop] 06/5/2022 07:14

Very rewarding. Must admit I thought of topslicing recently and decided not to. So the right decision! ( for a change ).

[ayl30] 06/5/2022 07:09

Shockingly good news this am

[hastings] 06/5/2022 07:06

Yes and organic growth in excess of 20%!

[bigbigdave] 06/5/2022 07:05

Fantastic.....we expect revenues and profits for the year to materially exceed current market expectations........we expect FY2023 to be the Group's best year yet, also ahead of current market expectations

[arregius] 26/4/2022 11:40

Will we see a preclose trading update soon?

[arregius] 20/4/2022 21:17

https://martinflitton1.wixsite.com/privatepunter/post/sdi-acquisition-28-03-22"Chairman Ken Ford is also pleased with the latest acquisition and progress being made across the group and says that the company will deliver a pre-close update to the market later next month"

[norbert colon] 20/4/2022 21:09

Year end is April so we might be lucky and see something in the next 3-4 weeks.

[arregius] 20/4/2022 20:53

Sdi trading update should be close no?

[rivaldo] 11/4/2022 08:40

News of £20 billion of capital ready to invest in UK life sciences real estate has to be good news for SDI (assuming the availability of space is sorted out):



Extracts:

"Between 2016 and 2020, 681 life sciences businesses were started, according to a report by We Are Pioneer Group, a builder and operator of labs, and JLL, the property agent, 24 per cent more than in the previous five-year period.

The number of start-ups is expected to have grown in the past year, driven by the desire of investors to pour money into the life sciences sector in the wake of the pandemic.

Investors backed life sciences businesses with about £2.8 billion in 2020, but this almost doubled to £4.5 billion last year, according to data from the BioIndustry Association.

London, Oxford and Cambridge, known as the Golden Triangle, remains the heart of the country’s life sciences sector.

Glenn Crocker, executive director of venture capital investments at WAPG, said: “The availability of suitable lab and office space is already at all-time lows, and record-breaking funding levels and the significant growth in the number of start-ups will only fuel demand for life sciences real estate and exacerbate the issue of under-supply.”

"JLL and WAPG estimate that there is £20 billion of capital waiting on the sidelines, looking to invest in UK life sciences real estate.

Investors are keen to cash in on the supply and demand imbalance, which has sent rents and capital values climbing sharply. By contrast, rents in other property markets, notably retail and office, have fallen quite sharply.

They are also attracted by the reliability of the income, with laboratories relatively unaffected by the work from home trend."

[matthew palmer] 09/4/2022 13:21

Anyone on TECHINVEST, I am wanting to form a group of similar minded people to discuss its views etc and information.

Click my name and send a message.

[hastings] 28/3/2022 14:54

Write up for interest. Https://martinflitton1.wixsite.com/privatepunter/post/sdi-acquisition-28-03-22

[rivaldo] 28/3/2022 08:23

Finncap have this morning increased their target price to 250p.

[ayl30] 28/3/2022 07:34

Only just woke up, great niche acquisition. City should like this

[capitalist] 28/3/2022 07:28

Thanks for those comments rivaldo and hastings.

[rivaldo] 28/3/2022 07:17

Excellent - news today of a sizeable acquisition for a forecast £7.7m. Earnings neutral for just the next month until the 30/4/22 year end, then earnings enhancing.

Highly complementary to Monmouth Scientific as in the same sector, and just a few miles down the road which should enable lots of cooperation and synergies.

In particular, I note Safelab sells entirely in the UK, whereas Monmouth sells globally to Europe, Africa, the Middle East and Australasia, so SDI can utilise Monmouth's sales team for large and entirely new markets for Safelab.

[hastings] 28/3/2022 07:16

Nice to see another acquisition, which looks to be a decent fit. FinnCap lifts its target price and earnings on the back of the buy.

[steeplejack] 23/3/2022 11:47

Judges ScientificThe Group starts 2022 with a strong order book. Organic growth in bookings and a good performance by recently acquired businesses propelled our year-end total order book to 22.5 weeks. The Organic order book was 21.9 weeks at 31 December 2021 (31 December 2020: 14.7 weeks).Order intake remains the main driver of performance and consequently the recovery in orders resulted in good progress in revenues. Organic revenue, which was 5% ahead in the first half, accelerated in the second half to reach double-digits for the year as a whole.As a result of the positive performance of the Group, the Board now anticipates that Adjusted (3) Earnings Per Share for the full year ended 31 December 2021 will be ahead of market expectations (4) .

[ymaheru] 23/3/2022 11:12

Steeplejack, do you have. A link to them, please? I was looking earlier.

[steeplejack] 23/3/2022 10:59

Reassuringly good figures from JDG today.

[rivaldo] 22/3/2022 10:36

I note the Government's comitment this month to provide an extra £260m for life sciences manufacturing - indicative of the general upward trend for the sector and therefore SDI:



Extract:

"The funding for manufacturing investments will be distributed through the new Life Sciences Innovative Manufacturing Fund (LSIMF), which has been launched to grow the UK’s life sciences sector.

It follows the Medicines and Diagnostics Manufacturing Transformation Fund (MDMTF) which was launched to strengthen the UK’s medicines and diagnostics manufacturing industry by encouraging companies to use new technologies, and to build or expand facilities throughout the country.

Companies awarded funding through the MDMTF included Ortho Clinicals Diagnostics UK, which is expanding its biological diagnostic product lines, at its Pencoed, Wales site, Custom Pharmaceuticals, which will build a new facility in Brighton and Randox Laboratories, which will build a new large-scale manufacturing facility in Northern Ireland."

[calougra2000] 11/3/2022 11:50

@rivaldo #1496 thanks for posting the update