Sigmaroc Share Discussion Threads

[alter ego] 18/1/2022 09:18

"on 13 and 14 January 2022, Emmanuel Maes, ExCo for Europe, purchased 200,000 ordinary shares" at 97p

another significant vote of confidence

[twirl] 16/1/2022 15:18

Furthermore, on 12 of January 2022, Paul Gustavsson, ExCo for Nordkalk, purchased 25,000 Ordinary Shares at a price of 99 pence per share.

[masurenguy] 11/1/2022 08:17

Cheers for the link se81. From that above link it is also interesting to note that both Liberum and Peel Hunt raised their target shareprice price to 130p and 145p respectively.

[se81] 11/1/2022 08:06

hxxps://www.ii.co.uk/analysis-commentary/insider-triple-boost-aim-share-ii522494

SRC mentioned- peel include on their favoured growth stocks for 2022 and raise TP to 145p

[saucepan] 10/1/2022 22:35

Director buying reported after market close, too.

[twirl] 10/1/2022 22:00

Agreed. Once you find a great consolidator hang onto it.

[tole] 10/1/2022 21:54

https://masterinvestor.co.uk/equities/small-cap-comment-on-saa-snws-and-acrl/SigmaRoc (LON:SRC) – a classic user of what the market is aboutThis 'buy and build' group just goes from strength to strength.Last week's acquisition of the Johnston Quarry Group is earnings enhancing purchase.Analyst Charlie Campbell at brokers Liberum Capital has upped his price objective for the group's shares to 130p.He is already going for the building materials group to have more than doubled sales in the year to end December 2021, at around £255m (£124m) and similarly expanding its pre-tax profits to £26.9m (£12.2m), worth 4.9p per share in earnings.For this new year he is now looking for £455m of group revenues and £57m of profits, worth 6.6p per share in earnings. This now £625m capitalised group is an excellent example of how to construct a profitable group out of a 'cash shell' and its valuation is nowhere near the ridiculous levels of the growing number of 'SPACS' out there in the market.Campbell is right and I am convinced that his price aim will be achieved. The shares traded at around the 97.5p level at the end of last week.

[masurenguy] 10/1/2022 08:13

Back up to 100p this morning !

[abergele] 07/1/2022 19:42

Haywards,
well said..gl to us all here..

[haywards26] 07/1/2022 16:30

I am looking for 110-120 short term (within 3 months).

My best investment with an avg purchase of 41.8p. Wish all my investments had been so good..

[altom] 07/1/2022 16:19

400k buys ; 2mill sells. Price up. MM’s must be building stocks. Very promising.

[arregius] 07/1/2022 09:29

Is about time to get back to new highs

[shanklin] 07/1/2022 08:34

Took the opportunity to buY following the acquisition RNS presumably because, unusually, they are not privy to inside information.

[molatovkid] 07/1/2022 07:37

Says it all ! Should give the price a nice boost

[se81] 06/1/2022 16:58

Management taking some more shares.......RNS post close

[wanttowin] 06/1/2022 16:35

Yes another good day amidst all the carnage, SAA also helped balance the books.

[masurenguy] 06/1/2022 15:36

A standout blue today amongst a sea of red in a down market day! 😃

[haywards26] 06/1/2022 14:08

Anything below £1 is too cheap!

[sphere25] 06/1/2022 13:43

Heavy buying going through here at 91p.

3.28m
2 x 1.5m

Might be worth keeping an eye on.

All imo
DYOR

[se81] 06/1/2022 13:37

Few bits from Liberum from 4th Jan (raise TP from 125 to 130)

SigmaRoc has acquired the Johnston Quarry Group for an initial consideration of £35.5m. The deal is immediately earnings enhancing and we raise our forecasts for 2022E and 2023E by 5%. Johnston produces aggregates, dimensional stone and lime in the south west. Its premium stone sustains excellent profitability. This deal shows the transformation after Nordkalk, with the group self-financing a large acquisition. The shares are cheap on 13x 2022E PER, compared to potential earnings growth of 19% if free cash flow is consistently reinvested. We raise our multiple and DCF based target price from 125p to 130p on the deal.

SigmaRoc has established a track record of improving acquired assets, and we expect this to be extended with the acquisition of Johnston. Over and above improving production efficiency and material recovery, we believe there should be synergies with its other platforms.PPG has some customer overlap with Johnston’s dimensional stone assets. GD Harries and Johnston should be able to collaborate to better serve aggregates customers in the wider south west. The dimensional stone expertise in Carrières du Hainaut could be helpful for Johnston too.

We argued that the Nordkalk deal in July would prove transformational for SigmaRoc as it diversified its revenues, by end market (away from construction) and geography, but also as it brought scale. We estimated that the enlarged group could spend around £78m on acquisitions and development projects each year and keep leverage below 2.0x (net debt/EBITDA).Johnston is the first deal after Nordkalk and demonstrates that SigmaRoc is now able to self-finance sizeable transactions.

[wanttowin] 05/1/2022 16:29

Decent volume today as well.

[masurenguy] 05/1/2022 13:58

With a 10% rise over the past 4 days we could be seeing some momentum developing to take the shareprice back over £1 again in the not to distant future.

[74tom] 04/1/2022 13:12

The 3m share exchange about half an hour ago seems to have removed the overhang which provided a nice buying opportunity this morning. Now NT for anything more than 10k shares. Today's RNS was excellent, if they keep making earnings accretive acquisitions of this nature then they will continue to close the £1b valuation gap to Breedon group. A strong buy & hold IMO.

[hsduk101] 04/1/2022 08:59

Personally for me, this is a good re-entry point. The drop has levelled off and this acquisition looks very good for the future of Sigmaroc

[18bt] 04/1/2022 08:13

Some of their quarries are quite local to me - and if site "tidiness" is an indicator, these look well run. Plus, Cotswold facing stone in quite a lot of demand for the local housing market as planners insist on it for anything in AONB and local conservation areas.