Sigmaroc Share Discussion Threads

[fc_0001] 23/10/2019 17:43

You didn't ask any question at all, and my comment was factual not personal, as I haven't got the slightest idea who you are or what your agenda is. I'm honest about my interests, i.e. the same as any SRC investor.However, up until now you haven't given any straight answer as to what's driving your comments.

[pj 1] 23/10/2019 17:35

You could have answered my question but you didn't. You preferred to go personal. Sorry, I have no interest in those games.

FC_0001
23 Oct '19 - 17:32 - 415 of 415 (Filtered)

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[fc_0001] 23/10/2019 17:32

What do you even mean with a red flag? I'm hoping to see the stock rise like any honest investor, not to see it bashed gratuitously by uninformed comments...If you'd taken the time to read up on the company's latest acquisitions and understood their significance for future growth you'd hardly have posed the questions you did. If ever there was any red flag than it's your massively dubious attitude towards SRC.

[zcaprd7] 18/10/2019 15:55

Way back in the prospectus, they targeted a massive market cap I think? But then that spoke about African stuff as well! Any free cash is used to pay down debt, so they can do more deals... They have done pretty well to scale up thus far, and they have a good track record of extracting extra value from each acquisition (sometimes investing money short term, which some of these family run affairs don't want to do).

[pj 1] 17/10/2019 14:14

Taken a starter position here. Hopefully they will generate some free cash flow at some point and stop spending it, or what's the point?

What's the 3 or 5 year plan here, have the Directors ever targetted anything? The AR gives little away.

[mfhmfh] 17/10/2019 12:02

huge volume today

[zcaprd7] 17/10/2019 10:26

Back to where we were... Need the little effeciency savings on each deal to suppress dilution, a land sale here and a waste into feedstock plan there etc etc.

[mfhmfh] 16/10/2019 16:04

Very positive to see those director buys

[arregius] 16/10/2019 15:02

Good to see some director deals today. Confidence in here

[my retirement fund] 16/10/2019 09:36

Actually poss not that one lol

[my retirement fund] 16/10/2019 09:13

That quarry stuff will be shut down in a few years under environmental laws, its all politicos in the pipeline. Germany want to be clean! How much did they pay for it?

[clocktower] 16/10/2019 08:58

Far from there being a downturn in the UK, I expect a building boom. This company knows where it’s going and how to make the most of the assets they have .

[mw8156] 16/10/2019 08:38

like the sound of purchase of Europe's largest bluestone limestone quarry-located not far from Brussels, it seems it has properties not shared with regular limestone so may be specified by architects and designers for patios and so on? and might represent a hedge against the construction downturn in the UK.

[zcaprd7] 16/10/2019 08:26

Good funding price? Not really, share price was in the doldrums, and they were talking about 50p a share a few weeks ago...

[clocktower] 15/10/2019 20:32

Great deal , and good funding price. No wonder now on its way north. Could transform the bottom line imo.

[tomg23] 15/10/2019 19:15

It's a massive and very ambitious acquisition. The extra revenue from the lime stone which is currently in the book as a waste product could really help the bottom line

[zcaprd7] 15/10/2019 14:31

Wow, that's quite a big deal...

[zcaprd7] 10/10/2019 17:47

From which acquisition did the land come from?

[clocktower] 10/10/2019 16:17

Surprised that their has been no comment about the sale of land and the profit resulting from the sale, in addition to being able to pay down debt and reduce gearing.

While looking at the next target, they have shown how effective the management is.

Well undervalued imo.DYOR

[fc_0001] 04/10/2019 15:37

I think 50p will definitely become the average share price in the near future and I wouldn't be surprised if it were to be even higher than that.

[zcaprd7] 02/10/2019 17:12

And the next placing will be at 50p?

[konkel] 01/10/2019 10:18

Agreed FC...I've added.