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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Severfield Plc | LSE:SFR | London | Ordinary Share | GB00B27YGJ97 | ORD 2.5P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.20 | 0.23% | 87.80 | 329,708 | 16:35:07 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 87.20 | 88.20 | 87.40 | 84.20 | 84.20 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Structural Steel Erection | 465.34M | 15.9M | 0.0518 | 16.76 | 268.9M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:07 | O | 180,000 | 87.10 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 08/11/2024 | 07:00 | UK RNS | Severfield PLC Directorate Change |
| 06/11/2024 | 07:00 | UK RNS | Severfield PLC Notice of HY25 Results Investor Presentation |
| 06/11/2024 | 07:00 | UK RNS | Severfield PLC Transaction in Own Shares |
| 04/11/2024 | 07:00 | UK RNS | Severfield PLC Transaction in Own Shares |
| 25/10/2024 | 06:00 | UK RNS | Severfield PLC Transaction in Own Shares |
| 24/10/2024 | 06:00 | UK RNS | Severfield PLC Transaction in Own Shares |
| 23/10/2024 | 06:00 | UK RNS | Severfield PLC Transaction in Own Shares |
| 22/10/2024 | 06:00 | UK RNS | Severfield PLC Transaction in Own Shares |
| 18/10/2024 | 06:00 | UK RNS | Severfield PLC Transaction in Own Shares |
| 16/10/2024 | 13:00 | UK RNS | Severfield PLC Directorate Change |
Severfield (SFR) Share Charts1 Year Severfield Chart |
|
1 Month Severfield Chart |
Intraday Severfield Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 09/11/2024 | 10:29 | Swiss Franc/ Euro Relationship | 3,176 |
| 04/11/2024 | 11:16 | Severfield moves closer | 4,542 |
| 15/6/2007 | 08:01 | Severfield...moving up nicely...latest upgraded forecasts look good | 23 |
| 27/4/2005 | 08:37 | Severfield - The one to go for - set for Ј4.00 | 149 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 09/11/2024 08:20 by Severfield Daily Update Severfield Plc is listed in the Structural Steel Erection sector of the London Stock Exchange with ticker SFR. The last closing price for Severfield was 87.60p.Severfield currently has 306,960,938 shares in issue. The market capitalisation of Severfield is £266,442,094. Severfield has a price to earnings ratio (PE ratio) of 16.76. This morning SFR shares opened at 84.20p |
Posted at 26/9/2024 12:30 by waldron Swiss central bank cuts interest rate by 0.25%The Swiss National Bank (SNB) has cut interest rates by 0.25%, lowering the policy rate to 1% from the previous target of 1.25%. This content was published on September 26, 2024 - 10:18 SWISSINFO The SNB explained in a communiqué on Thursday that inflationary pressure in Switzerland had once again fallen significantly compared to the previous quarter. The Swiss interest rate adjustment follows a 0.5% cut by the United States Federal Reserve last week. Further interest rate cuts may be necessary in the coming quarters in order to ensure price stability in the medium term, said the central bank of Thursday. The Swiss central bank has reduced its inflation forecast to 1.2% this year and 0.6% in 2025, which is lower than the 1.3% and 1.1% predictions in June. At the same time, the SNB is still prepared to be active on the foreign exchange market if necessary to defend the Swiss franc against appreciation. “[GDP] Growth is likely to remain rather modest in Switzerland in the coming quarters due to the recent appreciation of the Swiss franc and the moderate development of the global economy,” the SNB stated, as it forecast 1% economic growth this year. The SNB had already lowered the key interest rate by 0.25 percentage points in both March and June. In response to rising inflation, the central bank had previously raised the key interest rate from -0.75% to 1.75% in just five steps from June 2022 and then left it unchanged twice. Translated from German by DeepL/mga |
Posted at 11/9/2024 19:31 by gibbs1 Naomi TajitsuWed, 11 Sept 2024, 8:39 am CEST3-min read (Bloomberg) -- The Swiss franc’s rally to the strongest level in almost a decade has raised the prospect of the first large interest rate cut by a major central bank this year. While economists forecast the Swiss National Bank will lower rates by another quarter point cut when it next meets on Sept. 26, the probability of half-point reduction has been rising steadily. Market pricing now implies a roughly one-in-three chance, up from zero just a month ago. The franc’s advance is cramping exports and lowering the price of imports at a time when inflation is already well within the SNB’s target — and near a three-year low. Currency strategists at MUFG Bank Ltd., UBS Group AG and Bank of America Corp. say to stem further currency gains, policymakers should take more forceful action. “They’re not afraid to surprise the markets,” said Derek Halpenny, head of FX research at MUFG Bank. “And to shake FX, it’s probably what’s needed.” The SNB is due to set policy a week after the Federal Reserve’s September meeting. While the market sees a roughly 20% chance of half-point reduction from the US central bank, the probability has been falling. The franc has climbed about 6% against the dollar since early July. It trade 0.4% stronger at 0.8434 per dollar on Wednesday. The advance comes as popular carry trades — funded by borrowing low-yielding currencies — started faltering, and as flows into haven assets picked up. Last month, it touched the strongest level against the euro since 2015. Against this backdrop, Swiss exporters have urged the SNB to “act quickly” to stem the franc’s rise. They say the currency’s gains threaten a recovery in overseas sales. The SNB largely refrained from intervening in the currency market in the first three months of the year. Quarterly intervention figures for the period of April to June will be released at the end of September. “It will be difficult for the SNB to fight against the market,” said Yvan Berthoux, a FX strategist at UBS. He sees the risk of a half-point cut, even as the bank’s economists expect a smaller one. Not everyone is convinced that policymakers need to deliver a large reduction. A regular 25-basis-point cut combined with direct FX intervention “may be sufficient” to keep the franc from strengthening further, said Dominic Bunning, head of G-10 FX strategy at Nomura International Plc. He sees a low probability of a bigger cut. The SNB kicked off monetary easing earlier than global peers and lowered rates at both of this year’s decisions, bringing its policy rate to 1.25%. Inflation has been within the central bank’s 0% to 2% target range for over a year now, ticking at 1.1% in August. “Inflation is way too low in their case and they need the currency to weaken,” said Athanasios Vamvakidis, head of G-10 FX strategy at Bank of America. “I think they should do 50 basis points.” --With assistance from Anchalee Worrachate. (Updates with franc’s price in sixth paragraph.) Most Read from Bloomberg Businessweek |
Posted at 21/8/2024 09:57 by the grumpy old men The strong franc helped the SNB steer through inflation Keystone / Ti-Press / Alessandro CrinariSwiss National Bank (SNB) President Thomas Jordan said the franc’s strength played a key role in keeping inflation low compared with the United States and the euro area. This content was published on August 21, 2024 - 10:14 Bloomberg The fact that price growth never exceeded 3.5% in recent years is mostly down to the country’s exchange rate, Jordan told business representatives at an event Tuesday in canton Schwyz, Switzerland. By comparison, US inflation peaked at 9.1% in 2022, while it reached a high of 10.6% in the euro zone that same year. “If you want to protect yourself against imported inflation, then the franc must appreciate,” Jordan said. That’s why the central bank stopped buying foreign currencies to counteract franc inflows in 2022 and even reduced its holdings of them through the end of 2023, he said. Jordan, who’s due to leave his post next month, said the franc’s appreciation allowed the SNB to raise interest rates less drastically than its developed-market peers. The central bank raised its policy rate to 1.75% before starting to ease in March, while the European Central Bank and the US Federal Reserve hiked borrowing costs to much higher peaks. Still, worries about the Swiss currency’s traditional allure as a safe haven for investors persist. The country’s biggest lobby group for manufacturers has urged the SNB to intervene to stop further franc strengthening, which they say hurts exports. The franc has recently stabilised, having surged before on worries about a potential US recession and turmoil in Japanese. Analysts and markets diverge on how this affects the path for Swiss rates. While a majority of economists surveyed by Bloomberg expects only one more 25 basis-point cut in September, to 1%, traders are betting on more loosening. Bloomberg L.P. |
Posted at 15/7/2024 14:38 by trustman Looks a keeper.Overweight this stock and found March low surprising. Chartists might like it too, higher low, breakout, share buybacks, decent dividend. Who could put this package together at this price? Institutional outflow of UK plc unhelpful last year. Seeing too many lively small companies being taken over-usually at a 40% premium- even then would have preferred independence. No intention to ramp. DYOR |
Posted at 13/7/2024 06:42 by the grumpy old men a slight sfr downtrend1 EUR = 0.9777 CHF The live Euro to Swiss Franc exchange rate (EUR CHF) as of 13 Jul 2024 at 7:40 AM. |
Posted at 06/7/2024 10:21 by waldron 1 EUR = 0.9723 CHFThe live Euro to Swiss Franc exchange rate (EUR CHF) as of 6 Jul 2024 at 11:20 AM. A SLIGHT SFR WEAKNESS OVER THE LAST 5 WEEKS IT SEEMS |
Posted at 16/6/2024 16:26 by grupo guitarlumber By Tim ClaytonPublished: Jun 16, 2024 at 09:30 Political Concerns Continue to Undermine the Euro, GBP/EUR Hits Fresh 22-Month Highs GBP Live Today Pound to Euro Rate Hits 1.19 European currencies failed to hold gains on Thursday and posted fresh losses on Friday, especially with fragile risk conditions as European equities under-performed relative to Wall Street. The Euro remained firmly on the defensive amid political concerns with a particular focus on the French bond market. The Pound to Euro (GBP/EUR) exchange rate advanced to fresh 22-month highs at around 1.19 amid Euro vulnerability. According to Credit Agricole; “While we recognise that some negatives are already in the price of EUR/GBP, we maintain our bearish outlook on the pair, targeting a return to 0.84 in the coming months.” (1.1905 for GBP/EUR). The dollar dipped after the producer prices data on Thursday amid increased hopes for a Fed rate cut in September, but it secured fresh support later in the session with net gains against European currencies. In this environment, the Pound to Dollar (GBP/USD) exchange rate lost ground with a retreat to near 1.2720. Overall confidence surrounding the Euro area dipped again with a particular focus on the French political situation ahead of snap parliamentary elections at the end of June. French bonds (OATs) were sold again, especially in relation to German Bonds (Bunds). MUFG commented; “The OAT/Bund spread is now at 73bps, breaking above the energy-crisis and global pandemic highs to reach the widest spread since the 2017 French presidential elections when the financial market first feared the risk of a Le Pen presidency. It didn’t happen then, nor in 2022 but the markets now rightly fear it could be ‘third time lucky’!” foreign exchange rates ING also noted the impact of political stresses; “We're not French political experts, but it looks like the euro is taking another leg lower in early Europe today on news that the French parties of the Left are getting their act together to form a coalition and only run one candidate per district between them. This rare cooperation of the Left stands to suck support from President Macron's party further.” It added; “With opinion polls taking such a toll on the euro and presumably more polls due this weekend, we expect investors will want to manage their euro exposure carefully.” The bank does not expect near-term relief during the French campaign; “It is going to be a long month for the euro. And next week could see the European Commission place France in an excessive deficit procedure.” The Pound has been dominated by global developments this week, although there was a weaker housing survey and markets will continue to monitor Bank of England expectations. The RICS housing survey weakened to -17% for June from -7% previously and compared with expectations of a further small recovery to -5%. According to the survey; “This appears to be linked to the recent scaling back in expectations around the degree of monetary policy loosening likely to be pushed through by the Bank of England during the second half this year” It added; “With respect to the near-term outlook for prices at the national level, expectations suggest that some further downward pressure could be seen in the coming three-months.” There was still an element of optimism; “Nevertheless, respondents still foresee a modest recovery in residential sales volumes getting back on track over the months ahead.” The latest BoE survey reported a decline in 1-year inflation expectations to 2.8% from 3.0%. UK economic developments next week will be important with the BoE policy decision on Thursday. Ahead of the announcement the latest inflation data will be released on Wednesday. Markets do not expect a rate cut at this month’s policy meeting, but guidance from the BoE will be watched closely. Weaker-than-expected inflation data would also increase speculation that the BoE will cut interest rates at the August meeting and potentially undermine the Pound. Tim Clayton Contributing Analyst |
Posted at 11/6/2024 06:23 by waldron Currency: The Euro isn't penalized by rate cuts, but by European electionsJune 10, 2024 at 09:52 am EDT MarketScreener.com By Yves Sanquer While the European Central Bank has lowered its main key rates, the euro will have to wait for the outcome of the European Parliament elections to take its toll. As we regularly write in these columns, monetary policy (expectations) are one of the main drivers of foreign exchange market movements. So, when a central bank begins an aggressive tightening or rate-cutting cycle, traders generally make the necessary arbitrages to readjust their positions and take advantage of any carry trades. Although the rule is simple, it is not always reflected in the price action of the currencies concerned. For this reason, it's always best to wait for an alignment between macro vision and chart configuration, in order to maximize your chances of success. Thus, the EURUSD was still hovering around its resistance level of 1.0890, despite the ECB's action. Things really started to heat up with the release of US non-farm payrolls, while the outcome of the European elections put the final nail in the coffin. The currency broke through the 1.0790 level at the bottom of the uptrend channel it had been following since April. Elsewhere in the world, there was little change in the USDJPY, where a range is still expected. Commodity currencies are awaiting the Fed meeting and its implications in terms of monetary policy. AUDUSD is fluctuating between 0.6578 and 0.6700, with next levels at 0.6474 and 0.6853 respectively. As for the kiwi, it remains well oriented above 0.6110/00, although it has come up against intermediate resistance at 0.6200/20. Yves Sanquer Rate Specialist |
Posted at 21/11/2023 19:22 by thorpematt Brucie5,I have been buying here in the low points and I hold SOM too. I reckon there are a couple of key subtle differences: Firstly SOM is a "picks and shovels play" and SFR is more materials and finished product. Second, margin. SOM has c. 30% op. margin whilst SFR is much lower. There are similarites in the Quality metrics but again SOM has ROE and ROCE which shouts "effing great moat" all over it. SFR just looks very good. Now, because SOM's picks and shovels are very expensive (for picks and shovels anyway), they may well be MORE cyclical than the essential products that SFR produce. I also get Graham (and Paul's) assertion that low margin cyclicals should trade of low PERs (although the divi/ PER calc is bonkers IMO), but I reckon that mostly the products SFR offers are often tied to multi-year building projects. In addition: housing crisis, energy transitition and any form of infastructure (HS2 or released funds from HS2) will need supplying. Finally, SOM of course is mostly N.America as opposed to SFR UK. I am in these both becasue they are IMO quality at a discount and I believe they will do well, mid term. |
Posted at 21/11/2023 11:48 by brucie5 Anybody willing to compare the merits of SFR and SOM for a value-income recovery? I note Graham's response on Stocko, which counts as two cheers:"It could be argued that the risks are already priced in at a PER of 7x and I have sympathy for that view. I think I would have to accept that this share was offering deep value if: PER was 5x or less, or: Dividend yield was higher than the PER (ideally >10%) and was covered by earnings, or: The company was materially reducing its share count with a buyback. So I am open to changing my stance on this, depending on the evolution of the company’s profitability, share price and shareholder rewards. " But SOM seems to be more highly rated on Stocko's algos while offering more generous dividends. I'm not sure what the latter is likely to be now, and one obviously can't trust the Stocko figure of 16.5%! Did Max has it at around 10%, but I imagine it will vary according to earnings. Nevertheless, they are both dependent on construction (one on structural steel, the other on high spec concrete laying, I think it's probably fair to compare them? My first sense is that SOM is the more interesting share at the right price. |
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