Sigmaroc Share Discussion Threads

[tonytyke2] 04/3/2022 14:46

This line was in the years end trading update mid December........

'Cost inflation continues to be effectively managed, supported by contractual pass through'.

[hsduk101] 04/3/2022 14:31

How much impact will the energy costs, as a result of mad Vlad's affect future Sigmaroc profits.

Is it significant?

[tonytyke2] 04/3/2022 14:02

John Rosier indicated he had topped up with Sigmaroc today, indicating at around 66p it's valued just under 10 X forecast earnings. Looks like some big buys coming through now.

[tallprawn] 04/3/2022 09:43

https://twitter.com/arregius/status/1499669716775968770?s=21

[johnrxx99] 04/3/2022 05:30

Err, somewhat b4 $115 a barrel

[twirl] 03/3/2022 08:31

extract from rns 16.12.21
"Cost inflation continues to be effectively managed, supported by contractual pass through."

[johnrxx99] 03/3/2022 03:41

Oil price is weighing very heavily.

[wanttowin] 02/3/2022 16:26

I've added again at 74.9p.. crazy price it seems an unbelievable opportunity.

[hsduk101] 28/2/2022 13:55

Nice and cheap now ?

[arregius] 25/2/2022 06:11

In the last update the compsny said that was successfully psssing on to customers energy material cost increases.It will be tougher but this company is being awesomely managed by max and the team

[markyp23] 24/2/2022 17:57

Yes, absolutely. I don’t have any accurate guesses for the impact that will have on the bottom line. I believe Russian sales comprise 0.3% of the group revenue.

[otemple3] 24/2/2022 11:13

I have assumed the recent weakness is due to exposure to high energy costs as it must be very energy intensive

[markyp23] 24/2/2022 11:09

No significant exposure to Ukraine/Russia troubles as far as I can ascertain. Nordkalk are geographically close but not got much revenue from there. Not sure about quarries/supply chain.

[arregius] 17/2/2022 06:24

Company is growing crazy, a divident now makes no sense, but a dividend will be instslled once is more matured as the company makes good cash

[twirl] 16/2/2022 15:08

thanks for your replies - I personally dont want a divi but think it would boost the share price

[shanklin] 16/2/2022 12:24

A dividend would take us away from the stated mission of the company.

[alter ego] 16/2/2022 12:23

Dividend? I bought SRC for its growth potential, not for income so I would prefer to see any surplus cash being used to develop products and to finance acquisitions. I doubt a small dividend would attract much interest from institutions.

[twirl] 16/2/2022 09:46

What do posters think about the possibility of a dividend for 2021?
I hadn't really expected one but would be a pleasant surprise.
A 1p divi would only cost around £6m and would put SRC on the radar of income funds and the wider market.
I know the Company focus is to use cash generation to buy businesses but a £6m divi would not make much of a dent in the cashpile.

[74tom] 15/2/2022 16:45

Yea the dip created by Monday’s worries was surely a gift, the directors were loading the boat in Jan Emmanuel Maes bought 450k shares at around 95p average, you simply don’t do that unless the business is firing on all cylinders

[wanttowin] 15/2/2022 12:58

Have done, another 2500 at 85.4p. Seems silly not too, directors were buying in the high 90's recently

[arregius] 15/2/2022 12:24

Buy the dip

[alter ego] 07/2/2022 10:12

I agree. There's been a fair bit of director buying lately which is indicative of confidence I think. Also we're due some positive news about Greenblock soon as they've alluded to this not long ago. I think demand for their product will be strong but energy costs could be a cause for concern. Overall, I think they have the right people and the incentives to succeed.

[clocktower] 07/2/2022 09:53

Although I am not in at present, this is a really well run company imo and I believe the results will please.

[masurenguy] 06/2/2022 09:52

Should be due soon - the year end TU was on 4 Feb last year and on 25 March in the prior year.