Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Scientific Digital Imaging Plc LSE:SDI London Ordinary Share GB00B3FBWW43 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -1.40p -2.58% 52.80p 237,604 16:23:31
Bid Price Offer Price High Price Low Price Open Price
52.00p 53.60p 54.20p 52.00p 54.20p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 1.45 1.71 1.81 29.2 51.3

Scientific Digital Imaging (SDI) Latest News

More Scientific Digital Imaging News
Scientific Digital Imaging Takeover Rumours

Scientific Digital Imaging (SDI) Share Charts

1 Year Scientific Digital Imaging Chart

1 Year Scientific Digital Imaging Chart

1 Month Scientific Digital Imaging Chart

1 Month Scientific Digital Imaging Chart

Intraday Scientific Digital Imaging Chart

Intraday Scientific Digital Imaging Chart

Scientific Digital Imaging (SDI) Discussions and Chat

Scientific Digital Imaging (SDI) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Scientific Digital Imaging trades in real-time

Scientific Digital Imaging (SDI) Top Chat Posts

DateSubject
26/5/2019
09:20
Scientific Digital Imaging Daily Update: Scientific Digital Imaging Plc is listed in the Electronic & Electrical Equipment sector of the London Stock Exchange with ticker SDI. The last closing price for Scientific Digital Imaging was 54.20p.
Scientific Digital Imaging Plc has a 4 week average price of 51.50p and a 12 week average price of 40.50p.
The 1 year high share price is 64p while the 1 year low share price is currently 31.50p.
There are currently 97,203,951 shares in issue and the average daily traded volume is 397,637 shares. The market capitalisation of Scientific Digital Imaging Plc is £51,323,686.13.
22/5/2019
10:08
eagle eye: Some notes from the Mello Chiswick presentation last week. The speaker was Mike Creedon, the CEO and the attendance was about 60+ people, so standing room only. SDI has been a turnaround since 2010 when Ken Ford and Mike Creedon joined the company. Mike was CEO and CFO in the early years to save costs. Now the company has scale, an FD has been appointed plus two NEDs. The objective is not just to buy businesses at a multiple of 4 to 6 times, but to generate organic growth. Last year organic growth was 11% supplemented by 20% through acquisition. The share price has risen from 7p in 2015 to currently stand in the 50's. The market cap of £50m now attracts a different level of institution which is good. The CEO has a hands on approach, visiting the UK businesses every fortnight. Discussing some of the acquisitions: Astles Control Systems came via the private equity route. It has been chemical etching since 1946, so is old fashioned technology. It's a dirty business as it involves chemical treatment in a wide range of applications including engraving grids for microscopic slides and gun sights. It has good margins and was a cash cow for the previous owner. It had sales of circa £2m and EBIT of £600K when purchased. It was purchased for £3.4m (with further earn-out of up to £1.3m). One of the stars is Atik that manufactures cameras. Based in Lisbon, it is a low cost quality manufacturer. It is now looking to triple the size of the factory following a big OEM contract win. The turnover was £1m when acquired, but it's now grown to £4m. Sentek is the second star in the business and recently capacity has been increased. Based in Braintree, it produces many products for Siemens, so serves a growing market. The most recent acquisition is MPB Industries which is based in East Peckham. It is an old fashioned business producing flow meters and process control instrumentation. What's good is that Peter Astle is a mentor to the business and SDI sees good opportunities for growth. Mr Creedon then summarised what SDI looks for: Businesses are usually UK based, selling worldwide and both profitable and cash generative. It should also have a strong financial track record and strong management. It doesn't look to buy cheap, but looks to pay a fair price. There is an opportunity pipeline of around 20 opportunities, but four are real. Mike Creedon runs a tight financial ship, so don't expect him to attend investor events too often. The 2018 Annual Report is very informative, but the company has run out of hard copies. However, it is available to download from their website. Https://scientificdigitalimaging.com/investors/reports-presentations/
05/5/2019
07:26
buywell3: ................ IS A BID ON THE WAY FOR SCIENTIFIC DIGITAL IMAGING ? ............ TA indicators are starting to make me think a bid might be in the offing Volumes and price action now biggest in the last 5 years over the last couple of months I predicted in 2017 that 60p would get hit in 2020 and a bid would follow the next year I said .. buywell312 Jul '17 - 07:40 - 19 of 25 Edit ''buywell predicts many more accretive acquisitions to come in the next 3 years Profits to rise to 4 Million GBP Share price to hit 50p in 2019 and 60p in 2020 Scientific Digital Imaging to get acquired itself for 85p in 2021 '' But that was based upon one or two acquisitions a year The SDI have indeed put the pedal to the metal as I asked them to do on the other thread a year or so ago ... (as I felt then the company was at one time liable to get bought when there had been a price reversal) .... with 5 acquisitions done very recently the dynamics of the company and it's share price have changed. My 60p call for 2020 , made on this thread ( see only a few posts back ) , has come a year early due to the accelerated acquisition strategy and increased turnover/profit dynamics that come with it. A bid now would likely come in at a 30% premium or say 80p With IMO better than expected results due to be released soon ... it would not surprise me to see such a bid materialize BEFORE the results were released This is very often the case. The other thing that might happen now is that with Pyser Optics now in administration , the company that owned Graticules that SDI recently acquired , Pyser appointed to Joint Administrators – Pyser Optics htTps://www.pyseroptics.com/news/pyser-appointed-to-joint-administrators/ 23 Apr 2019 - Geoffrey Bouchier and Benjamin Wiles of Duff & Phelps Ltd. were appointed as Joint Administrators of Pyser Optics Limited, Pyser Holdings. SDI might make a move to acquire some of the rest of Pyser Optics FROM the administrator ... obviously not the bits that sunk them. There could still be some value there to be had cheaply and free of debt. dyor GLA
04/5/2019
18:12
pireric: Updated the header for an upcoming events list. Will post bridge calcs Wednesday* (edited) eve I think. Wanted to make a note of the following numbers more for my future reference more than anything; shows the level of run rate accretion SDI has garnered from its bigger acquisitions over the last couple of years. The average is c. 8%. I'd also note that the Graticules acquisition probably would have been low double digit accretive had it not been partly equity financed. But it's important to grasp IMO. If SDI can do, let's say another 2 acquisitions this calendar year, at the average of this range, that would add a further c. 15% to run rate EPS. I.e. if SDI can do nothing but just make those acquisitions, and it were to hold its valuation multiple, then one might reasonably expect 15% growth in the share price over that period. Bolt on 5-10% organic growth, and suddenly you have a stock that could reasonably compound 20 - 25% per annum. That's pretty much how JDG has also been such a stellar stock on a 10 year view, and it's pretty mechanical. Much easier to do when your EBIT base number is very small as well, which it is (present est c. £4m this year). Any improvements you can make to these businesses to improve their profitability, or sales reach, merely add on top to that annual return. FY20 EPS forecast change chart below. We've only just entered the year, but have already seen a >30% increase since the forecast was first introduced last July
15/4/2019
11:05
buywell3: On another thread in 2017 I said this ..... buywell312 Jul '17 - 07:40 - 19 of 19 Edit buywell predicts many more accretive acquisitions to come in the next 3 years Profits to rise to 4 Million GBP Share price to hit 50p in 2019 and 60p in 2020 Scientific Digital Imaging to get acquired itself for 85p in 2021 Trading Update The Board of Scientific Digital Imaging plc, the AIM quoted group focused on the design and manufacture of scientific and technology products for use by the life science, healthcare, astronomy, consumer manufacturing and art conservation markets, is pleased to announce an update on trading for the 12 month period ended 30 April 2017. Reported profits before tax are expected to be in line with management's expectations, with the latest acquisition, Astles Control Systems, as expected making a contribution to the profits of the Group. Ken Ford, Chairman of SDI, commented: "We have once again strengthened the Group with the recent acquisition and are pleased with the positive contribution from Astles Control Systems. This is a business model we plan to continue to replicate in order to grow a diversified company with increasing revenue streams." The final results for the year ended 30 April 2017 will be released in July 2017. https://uk.advfn.com/cmn/fbb/thread.php3?id=24016630 That's the link above 50p hit as predicted .... 60p plus soon as predicted Who else predicted this on this thread ?
06/4/2019
10:05
buywell2: When you say here hastings your first post was on Feb 5th 2013 and to be fair SDI did not get going till 2016 from a low of about 9p hastings - 05 Feb 2013 - 12:42:07 - 11 of 1666 SDI - Global & Niche imaging portfolio for scientific & medical users - SDI hxxp://www.cambridge-news.co.uk/Business/Private-Punter/Keep-a-close-eye-on-imaging-specialist-SDI-05022013.htm The share price of SDI was 20p not 8p However I do concur that SDI should deliver further gains in due course As my next post with chart of TA shows hastings6 Apr '19 - 09:30 - 1665 of 1665 Tend to agree with you on the first point pireric, I too can’t really see that happening. As for your concerns on the acquisition pace, whilst I can see your point, I’m not concerned on this front as I think they’d had these companies on their radar for a while and probably still have others in sight. As for bedding in, equally again I’m not concerned as the structure of these businesses effectively carry on as they have been, as SDI don’t go charging in and changing things. They really just enable to run as they have been but seek to leverage them via opening new doors! My guess and it’s only that, is we will see another buy sometime in the next six months, which one would hope is again achieved at a decent price. The Brexit fiasco could of course throw up further opportunities and SDI is extremely well placed to make the most of anything that comes up. The pre-close next month should be interesting and I’m hopeful that we may see a beat on current forecasts. In short, having been here since the 8p days, I’m now very relaxed with my investment and can see the shares delivering further gains in due course.
05/4/2019
07:35
hastings: £4m pre-tax for next year now pencilled in by FinnCap.SDI is well on its way and one would assume the share price will follow.
01/3/2019
17:00
davidosh: Rhomboid....indeed and worth mentioning that a lot of companies are attending Mello for the very first time.....Manolete Partners, Rosenblatt, Crossword Cyber Security, Sosandar, Marshall Motors, Science in Sport, Tarsus, CPP Group, President Energy, Eagle Eye Solutions and Ultimate Products to name just a few. I suspect lots of companies will have been suffering poor share price actions over the last six months and are planning ahead to meet investors and get their profile raised.
13/2/2019
09:54
hastings: It's a difficult call for management and they did what they thought was best. To be fair, I saw the announcement pretty quickly but wasn't able to acquire any! Am I bothered, no, as there has been ample opportunity to buy at the same level recently and in quantity. The most important thing for me is where the share price will be in a couple of years time, which should be a good deal higher than where we are now.
12/2/2019
22:58
rivaldo: Excellent news - just a shame I missed the PrimaryBid deadline! Some juicy extracts too from today's RNS: - "The Company continues to trade comfortably in line with its expectations" - I like the sound of "comfortably" - the placing was "significantly oversubscribed" - and brought in "new institutional investors". As if the share register wasn't top-notch enough already for a £33m tiddler - Graticules brings in strong recurring revenues, as well as being earnings enhancing Finncap now forecast 3.1p EPS for the year starting 1st May. It's not hard to see the share price approaching that 51p target level in the near/medium-term.
25/9/2018
17:40
hastings: Here we go, hopefully of interest. The perfect morning for a bike ride to the other side of Cambridge, where I duly arrived with a good 15 minutes to spare. On my arrival, it was good to meet two other private investors who had travelled to the AGM where we were soon joined by the SDI people who had just concluded a board meeting. Fortunately we convened in a room large enough to seat everyone which included representatives from each arm of the Group, including the chap who assists Mike Creedon and Ken Ford in identifying potential acquisitions, (he has in the past worked with Judges too). After the formal business Ken Ford opened the meeting up to questions which saw each of us putting forward various points that also carried on after the meeting was concluded. Rather than say who asked what, I'll just give a summary although given that we weren't together the whole time, there may be one or two aspects that I wasn't privy to. The acquisition was not surprisingly raised and they agreed that it was a good one executed at a good price for SDI. The background is that Applied Thermal Control which is also based in Leicestershire was already aware of Fistreem and had raised its presence to the board. It appears the main player of the Fistreem business is in his seventies now and was looking to exit. No doubt the various pre-nuptials were played out before a tying of the knot, where now complete, there would certainly appear to be potential in terms of synergies going forward as it does indeed look another good fit. In terms of a positive contribution to the Group, Fistreem will be wholly earning enhancing in its first full year, the FD John Abell pointing out that the performance in the remainder of the current year will include acquisition costs, although there will be a small positive benefit. Expanding on the buy model, it was pointed out to us that SDI has a strict criteria for bolt-on-buys particularly where Mike Creedon is concerned, who is keen to not overpay, rather secure a deal at a good price to the company and shareholders. There are it appears plenty of potential targets and SDI has a strong pipeline of these in what is a very fragmented space, many smaller players being out there which wouldn't appeal to the bigger boys, but do make for ideal earning enhancing additions. There have however been a couple of instances where SDI has walked away, which is no bad thing in the grand scale of things. With the banking facility in place (which could be upped if they chose) and positive cash on the balance sheet they can do two or three more similar purchases with this mix, although further ahead they wouldn't rule out a placing to support something larger. On this aspect Ken Ford said that they are extremely mindful of not biting off more than they can chew, so I don't think SDI would ever over reach, more a case of continuing the current way of doing things. There is certainly nothing planned in terms of a placing at present, but both Ken and Mike said that if they were to undertake a raise again in the future, this time there would be some provision in place for private investors to take part alongside the Institutions the latter of which would readily support the process. The various aspects of the company are pleasingly all going well as per the TU, but we also heard more close at hand from a couple of those. ATIK was represented by Steve Chambers who filled us in on the purchase made earlier this year of assets and IP of Quantum Scientific Imaging. The background here was that Quantum's owner had passed away which left the business seemingly without direction thus opening the door for ATIK to acquire the brand. Chambers pointed out that Quantum had a good reputation and served the higher end of the market and now sits nicely alongside its own products. The real positive though is that through Quantum the profile of ATIK's offerings have been raised positively providing for new or expanded markets. Next up for a word was Kate George sales and technical director at Synoptics who filled us in on ProReveal's progress. As far as the NHS goes she says ten per-cent of the total Hospitals that should be conforming with DOH guidelines have now adopted the system and they continue to push with the remainder, but it is difficult dealing with the NHS. Perhaps more positively there are talks now with the actual washing machine manufacturers which with a more recent development has seen a player focused on the cleaning of endoscopes improving the cleaning process which would as part of its operation include ProReveal. Kate also confirmed that the wider Synoptics division is now into a second year of profitability having been for so long operating at break even. As a company, Ken Ford confirmed that they will only release news when it is required or noteworthy, adding that they are not into trying to fluff the share price up. He's also very relaxed about the latter at present and is intent on building the business to a substantial size, much greater than the current market cap. John Abell added that since he came on board he's been impressed having worked in much bigger organisations and wonders just how Mike managed to do so much on his own, which I think is what many of us have thought, so a good addition to my mind. Going forward, Abell talks of the company now needing to get the earnings per share up, which would then see the share price follow to the benefit of investors. Potential dividends were also raised and Ken Ford said this had been discussed and could be implemented in the future for a progressive path without affecting the buy-build strategy. He does point out that high cover would be a prerequisite and talks of 4-5x being the marker. All in all a good hour well spent where it was nice to be warmly welcomed alongside catching up with a couple of very nice fellow investors.
Scientific Digital Imaging share price data is direct from the London Stock Exchange
Your Recent History
LSE
SDI
Scientific..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190527 07:01:47