Senior Share Discussion Threads

[castleford tiger] 11/2/2022 17:00

climbing out of that big hole

[casholaa] 03/2/2022 15:08

Won't go on a 737 even if I were paid

[carpingtris] 14/1/2022 08:02

Now I believe Directors could purchase some shares?

[castleford tiger] 13/1/2022 08:27

t/s due as well

[carpingtris] 12/1/2022 15:37

They released news yesterday regarding contracts so doubt they could have brought anything whilst sitting on that news?

[essentialinvestor] 12/1/2022 15:21

Still no BOD buying, given they rebuffed £2 a share some might consider that odd..

[castleford tiger] 11/1/2022 10:16

cracking contracts

[carpingtris] 11/1/2022 08:03

Contract wins announced both for Honda and Boeing..

[carpingtris] 06/1/2022 12:08

This must be good news for SNR:

[castleford tiger] 05/1/2022 17:20

Melrose i have not done any DD on them yet
tiger

[essentialinvestor] 05/1/2022 09:26

Do you not see Melrose as better risk/reward?.

Particularly as MRO have large exposure to auto as well as civil aerospace.


Added a few back that I sold over 1.46 yesterday, too volatile for me to hold
in any quantity.

[castleford tiger] 31/12/2021 15:11

119 to buy on the 20th of December.

Buy quality when its unloved.

happy new year
tiger

[essentialinvestor] 31/12/2021 14:47

Better close to the year, position back in profit.
Whether that lasts is another question!.
Perhaps should have added before Christmas but had neither the courage or conviction.

[imastu pidgitaswell] 29/12/2021 09:03

On a related note (and interesting to me 🤓) - their reported free cash flow has stuck consistently around £50-£60m for the past 12 years, despite the many changes in operations and indeed share price:




Not a holder.

[lindowcross] 29/12/2021 08:56

It's interesting - to me at least - that in 1998 SNR's share capital amounted to around 306m shares, and now is around 419m. At that time the share price was similar to today's price, in fact, in July 1998 it was 168p. (the share price collapsed shortly thereafter, I haven't investigated why, but 9/11 and its consequences can't have helped any recovery.) Average turnover in 1997/8/9 was around £500m. I suppose you can't read much into this as companies are like people - changes in size, stature and wealth are difficult to predict. It's reassuring to me though that the share capital has not been hugely increased over the last 23 years or so.

[castleford tiger] 24/12/2021 17:34

15% recovery............very nice

[ptgint] 24/12/2021 16:21

I, too, have wondered whether the directors are "prevented" from buying.

[gargoyle2] 22/12/2021 18:52

In my speculation, i am wondering whether there might stil be discussions with Lone Star going on. Lone Star can come back with an offer on 24 December, as I understand it. Given that their offer a few months ago was 'subject to due diligence', which was never ghoing to fly as an offer for a public oompany imo, maybe they've spent the last few months doing the DD and will be coming back with a new, unconditional offer soon.. I have no evidence to suspect that's the case -- and it would be pretty difficult to keep that quiet -- but it wouldn't surprise me to see some corporate action over the next few weeks. Maybe that does explain the lack of director buying. Total speculation, but worth considering imo.

[castleford tiger] 22/12/2021 18:03

has the slide ended?

As for directors buying...... maybe they cannot?

[lindowcross] 22/12/2021 13:05

My purchase is but a grain of sand in the indifferent ocean of the London market, nevertheless I have just bought back a portion of the modest tranche I sold in September last year.

Hopefully Vladimir Vladimirovich Putin, the virus and the vicissitudes of indebted nations will now retire from the stage and we can all move on.

[essentialinvestor] 21/12/2021 13:21

BOD not buying.

Even at these levels.

[casholaa] 21/12/2021 02:21

Waiting, in hope. If it doesn't go a bit lower, not a problem as I don't usually chase every penny. If it rises, it's all good I hope.

[gargoyle2] 20/12/2021 19:02

I added today as well.

[castleford tiger] 20/12/2021 18:41

1.19 for another 50k this morning

tiger