Severfield Share Discussion Threads

[steelwatch100] 27/1/2017 18:07

Somebody mentioned a "special dividend".
Presumably, this will rely in part to the recovery of sfr's 6m remedial spend replacing the bolts on Leadenhall st. Its a couple of years ago now so we could do with an update.
Any news/thoughts anyone?

[cc2014] 27/1/2017 15:07

So, lol, there's a largish 485k trade which presumably is reported late and can't be a buy as almost no volume has gone trough below that price. Therefore a sell which has been holding the price back.
Does that mean the seller is finished? Who knows but it's a good sign

[cc2014] 27/1/2017 12:54

Streams of buys going through these last couple of days. Clearly a large holder is letting go some of their position go against the flow. Sooner or later they will finish and the next step up will follow

[katie priceless] 27/1/2017 09:47

A slight pull back on higher volume , another higher low and then back on track again i hope.

[rhomboid] 26/1/2017 06:36

Thx Rivaldo fwiw I find twitter speeds up the way I can sift information and ensures that I pick up relevant views and titbits of information. Interesting and surprisingly racy list! On SCH I'm a non gambling investor and at some point Teddy Sagi might come unstuck in spectacular fashion so that isn't for me even though it looks crazy cheap. INSE is one I've looked at before but the energy intermediaries sector is on my no fly list as well, GMAA is one I like but don't hold as yet as it's awaiting fresh funds .

Thanks for the response, I'd throw in AIEA CAPD GMS CRL RBN IPX BILN PEG SOLI as being worth tyre kicking as all bar GMS & RBN* have net cash and low ratings and are showing nice trading trends. *RBN is a property play that'll play out in the next few months imho

[cockerhoop] 25/1/2017 23:51

Rivaldo,

Following on can I ask roughly how many stocks you hold as you certainly appear on many of the company boards I frequent :-)

[greenroom78] 25/1/2017 15:56

Good call, groom Rivaldo into getting a twitter feed - he'd make a great follow!

[rhomboid] 25/1/2017 14:40

Hi rivaldo, off topic but are you on Twitter? reason I ask is you seem to be fishing in a very similar pond to me when it comes to investing..

[rivaldo] 25/1/2017 14:31

Brucie, if only those flighty investors realised the possibilities in these "boring" stocks - I'm not complaining at around 60% gains in just a few months :o))

Good PR for SFR in this new article - and of course SFR now has almost £25m net cash and rising:



"A dividend explosion

Severfield's chief executive Ian Lawson was upbeat in the firm's interim results report released in November. He said a strong performance continued after the company's September half-year period with margins up and healthy cash-generation. He thinks profit growth for the full year will be ahead of previous expectations, and to underline the directors' confidence, the interim dividend was pushed up an impressive 40%.

Severfield's strategy targets an underlying doubling of profit before tax over the next four years and, judging by the interim report, it looks like the firm is on course to achieve that goal.

However, just four years ago its position didn't seem as rosy. Profits had collapsed and the firm tapped the market with a Rights Issue to pay down debt and fix its balance sheet. There's no doubt that the firm's operations are highly cyclical, but there could be more to come during the current upturn in operations.

Indeed, City analysts following Severfield anticipate the firm's earnings bounce-back to continue with earnings per share rising 14% during the year to march 2018 and by 12% to March 2019."

[brucie5] 24/1/2017 22:07

Likewise, Peter. This looks like a good stock for high likelihood of price growth.. for some time. Probably too solid for the more flighty investor, though - wherein lies advantage for the patient!

[petersinthemarket] 24/1/2017 19:30

Great to meet up again Brucie - relative newcomer here but very enthusiastic about sfr future. pete

[brucie5] 23/1/2017 19:28

Great to see this brought to wider attention. Imho, much further to go on the bowl, though it may not get there all at once.

[croasdalelfc] 23/1/2017 08:27

Tipped by Midas

[rhomboid] 23/1/2017 08:26

Tight market and opportunistic mark up in response to MoS tip? Plus it's cheap quality..

[cc2014] 23/1/2017 08:22

Anyone know the reason for the jump?

[huttonr] 23/1/2017 08:15

And a very nice little jump this morning

[basem1] 22/1/2017 13:59

I agree with Katie, 80p has been a long time coming when most of my other holdings are up 20% in the last month.

[diesel] 22/1/2017 11:07

Katie, then what sell? This looks like a solid growth story that could go on for years and with good divvies, I'm happy with progress. The problem with sudden spikes is there will be an inevitable correction, the chart says it all, no need to get ahead of ourselves...

[katie priceless] 22/1/2017 10:57

That might be just what we needed to get the share price up into the 80's

[rivaldo] 22/1/2017 10:10

Cheers bb2 - should be a good week ahead then :o))

[diesel] 22/1/2017 09:29

for a newspaper that's a fairly accurate article, should see a little spike on Monday.

[battlebus2] 21/1/2017 23:12

I know a few here will be happy to see Midas tip Severfield.

Profits could double..