Senior Share Discussion Threads

[gargoyle2] 20/12/2021 09:50

Share price back to where it was when the directors last bought (118p in March, just before the bid interest). You would hope the buisness would be in a much better position now than it was then.

[castleford tiger] 16/12/2021 22:37

Bought 50 k more on the bell a shade over 1.22

[casholaa] 16/12/2021 22:24

At 105-115, that's when you'd want that offer to come knocking again even if you intend to hold, just like last time.

[gargoyle2] 13/12/2021 12:58

Alantra adding -- from 17% to 18%

[linton5] 13/12/2021 11:43

Looks like tiger has bought more

[gargoyle2] 13/12/2021 10:53

That's a fair alternative point of view, if put rather (and unnecessarily) crudely. It would be good to see the Board embrace that long-term vision with some share buying of their own though.

[gargoyle2] 10/12/2021 20:59

It's worth re-reading SNR's 22 June bid rejection again imo, which sets out in some detail the reasons for the rejection ==

1) Highly opportunistic, comes at a low point when core markets remain temporarily impacted by Covid-19 fall out [query what is meant by 'temporarily impacted'.. is it the same as 'transitory inflation'? core markets are still being impacetd 6 months later]

2) Does not reflect the anticipated end-market recovery across core Civil Aerospace, Land Vehicle and Power & Energy markets [civil aerospace recovery is still 2-3 years away imo, and assumes that covid and its variants disappear]

3) Fails to recognise Senior's clear strategy to maximise shareholder value and grow the business by focusing on IP-rich fluid conveyance and thermal management technology [hmmm... you mean that strategy that was so well set out at the Capital Markets Day, the day that marked the start of the share price dive?]

4) Still fundamentally undervalues Senior and its future prospects [future future future]

Actually, subject to covid, I'm pretty confident that SNR's share price will be above 200p in 2-3 years. But 200p in the hand is still something the Board should have taken more seriously imo. I can't believe that some of the larger shareholders don't feel the same way -- some large holder is currently selling down, so i think that speaks for itself.

[casholaa] 10/12/2021 19:17

@sooty, early days, not much point to wish for such things at 130pish.

[sooty snipes] 10/12/2021 19:07

Lone Star please come back. I'll take 2 quid a share no problem.

[gargoyle2] 03/12/2021 23:40

You could be right, CT, but I've heard that used as an excuse for directors not buying many times before. I don't think it's ever been followed by a bid in my experience, but maybe this is a first! Let's hope so.

[castleford tiger] 03/12/2021 17:00

another 25000 added at just under 130.

Maybe they cannot buy?

tiger

[gargoyle2] 03/12/2021 14:53

Another new low.. come on, directors, buy some shares please

[gargoyle2] 30/11/2021 11:43

Directors last bought meaningful amounts in March at 118p. We're not far off that now.

[sooty snipes] 30/11/2021 11:08

These numpties would find it hard to turn down £2 a share now. Or would they?

[gargoyle2] 29/11/2021 15:40

The share price is in freefall at the moment.

[essentialinvestor] 28/11/2021 14:54

BOD members falling over themselves to buy shares atm, eh.


You would think at these "bargain levels" some non exes would be loading up?,

but no.

[castleford tiger] 26/11/2021 20:08

20 k more at 1.37 so missed the bottom but happy to have them

[gargoyle2] 26/11/2021 12:26

Anyone have Lone Star's phone number?

[essentialinvestor] 26/11/2021 09:03

I'm waiting for Tiger's post to say he has added another load

at what always appears to be the low of the day ;.

[gargoyle2] 24/11/2021 16:47

Yes, the first hour was...

[clanger66] 24/11/2021 16:44

I'm an hour into the 3 hour capital markets presentation. Looks quite interesting.

[castleford tiger] 24/11/2021 16:37

bought a fair few more at 143p

[essentialinvestor] 24/11/2021 16:01

£2.10-2.20 might to it?.

[gargoyle2] 24/11/2021 15:13

Lone Star is able to come back in about a month's time