Sdi Share Discussion Threads

[cockerhoop] 03/11/2023 10:29

JDG will not takeover SDI, it goes completely against their business model.

[steeplejack] 03/11/2023 09:52

Worldwide makes some valid observations both specific and about the macro scene.However,SDI are up near 50% in less than a month and i'm wondering whether bid rumours are circulating.Always felt this could be a tasty morsel for the likes of JDG.Somethings afoot.

[hastings] 02/11/2023 21:13

Time for bed said Zebedee!

[isa1m] 02/11/2023 20:40

Not him but her. Yes, a coincidence. I don't agree with wT on a few things, notably the balance between acquisitions and managing the current portfolio. Also I'm not uninvested in the market. But I think I agree with wT that SDI group management and board is not up to the job.
Yes, nice bounce. I hope it's based on something tangible that they're not sharing with us.

[dr biotech] 02/11/2023 14:49

Also nice to see him post pretty much only on the same days as worldwideT, whilst sometimes praising him. Pure coincidence obviously :-)

[rivaldo] 02/11/2023 14:16

Nice bounce at present - just now there was buying at 112p when the published full offer price was 110p, so quite keen buying too.

Yep, interesting to see new posters here. I see that ISA1M registered on ADVFN on 14th August 2023 and has made 8 posts in total on ADVFN - every single one about SDI. Evidently he's keen to discuss SDI in depth to the exclusion of every other quoted company. It's nice to see that level of commitment.

[hastings] 31/10/2023 17:45

Always refreshing to see new posters, who are no doubt well versed with SDI!In relation to BGF!! It is perhaps worth recalling that it was on board in a very early placing back down in the teens and built up a decent stake. Subsequently sold down, but now seemingly adding again!Swings and roundabouts or the magic roundabout.

[isa1m] 31/10/2023 17:04

This BB is getting interesting; it's good to have a proper debate, rather than just the usual fanboys (they know who they are and they're quiet recently).
Interesting to see BFG increasing their stake, taking an opposite view to Herald. Maybe they know something we don't.

[garbetklb] 30/10/2023 21:15

WorldwideT

And you've not answered Northstar88's question........

I've been invested in SDI since 8p, so know the company reasonably well. And I've sold shares on the way up & down; some at 214p. I still have a fair number - more than I'd like long term.

I've found many of your comments genuinely interesting & useful. But, like Northstar88, I don't understand your purpose. From a brief look, the vast majority of your posts are about SDI - a company you're clearly uninterested in at present. Some of your price predictions have been spot on - but your reaction is simply to reduce them.

I was perplexed by the purchase of Monmouth at the time - to me, it appeared a departure from assembling a collection of high added value niche companies. So, whilst I wasn't anticipating the problems, they are not a massive shock. But I don't read through to the sort of bodies buried within other acquisitions that you allude to - perhaps you could be specific? Actually, there is one subsid that does concern me, but I don't want to steal your thunder.......

If you feel happy to suspend your goodbye, I'm all ears.....

[gdjs100] 30/10/2023 18:01

You have said goodbye dozens of times before... but still can't resist! See you at 50p

[worldwidet] 30/10/2023 11:09

Like the CEO, I sold my shares in the 175p range at a good profit. The money has since been parked on the sidelines at 3-6% with no risk and will continue to do so.

There will be great invest opportunities in the next 6-24 months.

My opinion.

But perma bulls have thought they knew better here for months.

I am saying goodbye.

I will be there at 50-60p eventually if you panic sell.

We'll see what happens next...

[northstar88] 30/10/2023 10:30

What are you trying to achieve here Worldwide? I think it's fair to say that you used to be literally obsessed with the company a few years ago, consistently preaching about how good the company was and that it was a great deal to be mopping up the shares at anything below £2 given how well it was compounding. You were buying more and more shares but then turned on a sixpence before Covid and started trashing the company daily instead. You were clearly getting more and more agitated on a daily basis that SDI weren't making an acquisition every month to maintain this mythical 28% compounding figure you came up with and that they weren't incorporating multiple layers of management etc, but they are a very small company and we have to be realistic and be more patient as these things take time and rushing them causes problems. Personally I'd rather the company be run lean with the purchased companies running themselves. Like Berkshire Hathaway, SDI aims to purchase good companies that run themselves and interfering with that will likely cause issues. They have never implied that they wanted multiple layers of management and interference with companies.

Unless you were ramping and are now shorting the share, I can't understand what your purpose is here? Are you so annoyed that your investment went wrong that you have to warn others off it? Genuinely interested.

[worldwidet] 30/10/2023 08:33

100p ...sell...

Over the next 18 months, 50p could be a buy.

[fozzie] 27/10/2023 17:33

Morningstar still shows Herald as 7.88%, this looks like a new position though on the rns. Bought by discretionary clients of Herald is what it actually says. Good recovery in progress here, nice to see some blue.

[isa1m] 27/10/2023 12:59

Fozzie: I think you're wrong about Herald. They seem to have sold down from 8% (in the annual report) to less than 5%. There were a couple of 1m trades at 91p on 25/10, so I guess a new buyer has come in.

[steeplejack] 27/10/2023 11:50

Thereagain,Phoenix Assurance currently yield around 10% and that dividend is regarded as safe.

[worldwidet] 27/10/2023 10:28

Interest rates have fallen steadily over the last 20 years. At the same time, we have seen strong globalisation and the business environment around the world (including the UK) has been almost perfect at a time when monetary and fiscal policy has flooded the economy with liquidity.

All that has changed 180 degrees!

If the UK stock markets didn't shine in those golden times. Please tell me why they should now!

I stand by my assessment that the risk/return profile on equities is still not attractive enough to miss 5-6% safe yields on bonds to put me in the risk of equities given the outlook for a years-long economic downturn and unpredictable risks of a breach in systemic structures.

If the highly overvalued US markets (SP500) plummet, the FTSE100 will certainly not be a safe haven!

If the US markets collapse, the FTSE will also fall over the cliff.

[steeplejack] 27/10/2023 09:54

In this century the FTSE100 has barely appreciated,closing on Dec31 1999 at slightly shy of 7000.In the same period,the S&P index has increased near three fold.There's been no bull market in the UK.I'm ignoring dividend income of course.

[fozzie] 27/10/2023 09:40

I used to get quite excited when Herald picked up one of my stocks, less so nowadays but still a positive to see them pick up 4.79% of SDI.

[steeplejack] 27/10/2023 08:27

There's no fighting a bear market.The FTSE250 is down some 30% in the last two years and is very vulnerable to further declines.The FTSE100 is a very deceptive index in part because of the way it ejects its weakest constituents on a quarterly basis.The 250 does the same but it doesn't disguise the trend of the index to such a degree.Anyway,the FTSE100 might look like markets have been holding up but not the 250

[worldwidet] 23/10/2023 18:38

Hope is not a good companion in a deep recession.
The next 3 years will show whether good companies are really good companies.

The last few years of zero interest rates and helicopter money, which have exploded debt at all levels, have ensured that at first glance there are only good companies.

But the framework conditions have changed completely. And out of 10 apparently good companies, only 1 or 2 will turn out to be really good in the end.

I don't believe that SDI with its current structures and management is a good company.

The next few years will work like a big shakeout.

It can get pretty damn ugly here.

Upside gap up to 100p.close then further sell off towards 40-60p.

Possibly a profit warning or news of the CEO or Chairman retiring. There will definitely be some kind of downward impulse.

Why take massive AIM risks when there is surely 5-6% in bonds?

It is pure greed because many investors have learned in the last years of cheap money that there are no alternatives to shares.

Times have changed!

I'll stay comfortably at 3-5% safe yields with short-dated bonds on the sidelines.

The risk-return profile of equities remains unattractive!

My opinion!