Sigmaroc Share Discussion Threads

[arregius] 31/7/2020 08:15

Hopefully we get newsfeom harries soon. As long as its earnings accretive i wouldnt mind how to fund it. What would be the best option?

[masurenguy] 31/7/2020 07:21

New director share purchases announced this morning.

David Barrett, Executive Chairman of SigmaRoc, purchased 40,000 shares at 41.13p.
Max Vermorken, Chief Executive Officer of SigmaRoc, purchased, 25,644 shares at 41.15p.
Charles Trigg, Technical Director of SigmaRoc, purchased 11,737 shares at 42.59p.

[cheshire man] 31/7/2020 07:19

Indeed 18BT :-)

[18bt] 31/7/2020 07:18

Directors purchases a vote of confidence

[arregius] 30/7/2020 15:04

Compare with breedon results. No brainer. Awesome longterm hold for me

[cheshire man] 30/7/2020 12:47

Very pleased with the TU this morning, feeling very confident holding for the long term

[basem1] 30/7/2020 11:34

Compelling valuation 65-70p fair value imo.

[zcaprd7] 30/7/2020 11:22

You could ask that they reduce debt, rather than "evolve" it?

[danielinnes74] 30/7/2020 08:36

Could you ask for much more???

[masurenguy] 30/7/2020 07:59

Tremendous performance !

* Comparing results on a like-for-like basis adjusting for subsequent acquisitions, revenues recorded for the period were approximately 100% of revenues for the same period in 2019.

* Underlying EBITDA of £10.9m, representing 83% and 91% increases, respectively, over the same period during the prior year. Underlying EBITDA margins also improved to 20%, a net improvement versus prior year of 5%.

* SigmaRoc's cash position increased by £7.4m over the six month period, to £17.3m, as at 30 June 2020. Group net debt evolved from £49.8m at 31 December 2019 to £46.5m at 30 June 2020.

[wilmot666] 30/7/2020 07:05

Wow. Great trading update in the circumstances. When I saw the RNS I suspected the worst but was pleasantly surprised.

[arregius] 27/7/2020 15:19

https://machinemax.com/pages-press/sigmaroc-partnership

[arregius] 26/7/2020 19:38

Anyone expects the acquisition of harries anytime soon?

[arregius] 16/7/2020 10:56

How is related to src

[zcaprd7] 15/7/2020 00:51

https://www.constructionnews.co.uk/financial/cemex-to-close-plant-with-loss-of-110-jobs-14-07-2020/

[masurenguy] 06/7/2020 15:46

Topped up here again today.

[clocktower] 06/7/2020 12:08

Positive graph, positive sentiment, positive share price Soon break 50p - up and on.

[greg the grinch] 06/7/2020 11:29

With loads of infrastructure projects plus C-19 chaos, surely the perfect environment for SRC?

I reckpon share price growth will be quicker than expected over the next year or so.

GLA

[arregius] 06/7/2020 08:33

Hopefully news soon to acquire reat of harris?

[mfhmfh] 03/7/2020 16:32

positive news today IMHO.

[clocktower] 30/6/2020 19:25

With Boris Build Build Build it can only Build Build Build with SRC. They have the same plan in Jersey to help get them out of the hole that they have dug for themselves. Borrow, Borrow to plug the holes but nobody knows that there is not a plug to stop it all going down the drain but SRC will thrive with these policies.

[zcaprd7] 22/6/2020 22:26

Agreed, I purchased a triple short on the S&P with the money, I think things might turn nasty soon... I hope to revisit at a lower price here.

[haywards26] 22/6/2020 18:48

I think there is a lot more to go run in the share price over next 12-24 months. Earnings accreditive acquisitions could be announced anytime. We know the board are constantly reviewing and hunting.

This company is going somewhere...

[zcaprd7] 22/6/2020 16:38

Indeed, I sold out today, I might be wrong, but I think 50p is about right for now I reckon... I'll be back I suspect.

[dan_the_epic] 22/6/2020 14:55

"I continue to rate SigmaRoc's shares a buy on a 2021 PE ratio of 9 and enterprise value to cash profit multiple of 6.5 times. Buy.”

What the heck does that 6.5x even mean because it looks like Simon Thompson has got that very wrong.

Who remembers when he put two dodgy Chinese companies Naibu Global and Camkids in his annual bargain shares portfolio and then both blew up. I have a hard time taking him seriously ever since