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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sigmaroc Plc | SRC | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.20 | -0.26% | 78.10 | 13:21:21 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 78.70 | 77.80 | 78.70 | 78.30 |
| Industry Sector |
|---|
| CONSTRUCTION & MATERIALS |
| Top Posts |
|---|
Posted at 28/10/2024 13:25 by martinmc123 5*Sigmaroc issued a bumper headline Q3 trading up confirming that strong trading in Q3 has positiond the Group for a robust full-year finish. Revenue increased 67% YoY to £729mwith Underlying EBITDA increased 88% YoY to £165m, with margin improving to 22.6%. The numbers confirm that the acquisition of Polish lime assets was completed on 1 September 2024 and are included, while Integration of all CRH lime businesses acquired in 2024, including Poland, is nearing completion. Proforma numbers were also solid, although revenues decreased due to lower input cost pass through and softer volumes. However, pricing remained robust, supported by tight cost control and the benefits of increased scale resulting in continued improvement in the EBITDA margin to 22.6% and driving proforma EBITDA up 2%... ...from WealthOracle wealthoracle.co.uk/d |
Posted at 14/10/2024 21:47 by tonytyke2 It does look ready to rise, but I'm now going to wait to add until after the budget and see what happens with any possible changes/removal of BPR being muted. Was hoping Octopus AIM IHT (the largest AIM IHT fund 1.5b) don't own SRC, but i think Downing IHT AIM ISA do and have 3.5% (much smaller IHT fund though). Don't know if Puma AIM IHT have SRC either. Anyway, I'm probably worrying about nothing, must get back to being positive now! |
Posted at 12/10/2024 07:58 by davebowler ii Best use of AIMThis year: SigmaRoc (SRC)Last year: SigmaRoc (SRC)This was quite a surprise because building materials supplier SigmaRoc SR |
Posted at 09/9/2024 14:38 by greg the grinch It's getting to the point I might sell COST to buy SRC. |
Posted at 09/9/2024 07:54 by rimau1 Fair point, short term but clearly messaged so no shocks hopefully. Anyway SRC is a long term hold for me and i snapped up a few more under 65 this morning. 2 year view which i know is out of fashion these days lol |
Posted at 09/9/2024 06:43 by rimau1 Appreciate your view but concerns about debt make no sense Masurenguy, net debt is 2.4x after a 1bn euro acquisition spree, this is bang in line, you need scale and dominant positions in this sector to benefit from pricing and savings. SRC are doing everything they should and if the market looks forward we are very cheap IMO |
Posted at 23/8/2024 15:33 by greg the grinch My first one to £2 competition between SRC & COST is about to get interesting?Hoping for a similar rerate here. |
Posted at 17/7/2024 16:05 by elbrus55 In 2025:SRC may leave AIM become listed on the main market of London Stock Exchange and become a constuent of the FTSE-250. (Generating a lot of new demand for their shares)CRH may sell their 15% shareholding. These two actions are not completely independent. I speculate that CRH may have accepted a shareholding in SRC on the understanding that SRC would try and properly list on a regualted stock exchange in 2025 to help generate demand. They are not a natural long-term shareholder of SRC shares whether properly listed or on AIM.Agree fundamentals look good, but over the next 12 months such structural developments may be equally important. |
Posted at 16/7/2024 13:19 by haywards26 Interesting Zeus note. 2 below key takeaways for meVery happy and confident in my largest shareholding of SRC.. *Buy and build strategy / acquisitions spree completed. *Looking at returning capital to shareholders. |
Posted at 22/2/2024 07:47 by worldwidet #src Looks interesting...SRC shows strength in a generally weak economic environment ... Management appears to be competent... if interest rates are lowered and the economy picks up SRC could benefit strongly in a new early cycle. I continue to watch... stronger pullbacks could provide opportunities. |
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