Sigmaroc Share Discussion Threads

[arregius] 09/3/2022 10:56

Breedon results and outlook are good. Goof fore SRC as well

[nw99] 09/3/2022 08:58

Bought in here good company oversold

[abergele] 08/3/2022 16:13

From (ii) 30 minutes back,,
================
SigmaRoc PLC - London-based construction materials - Says trading remains in line with management expectations, ahead of annual results on March 23. Sales to Russia were minimal for SigmaRoc and now have ended completely, it says, while it never has had sales to Ukraine.

[arregius] 08/3/2022 12:28

https://twitter.com/arregius/status/1501113917443125248?s=21Hopefully managements expectations sre high ?

[arregius] 07/3/2022 11:32

Why is this holding today

[twirl] 04/3/2022 14:48

Sadly I'm out.

Because of Putin contagion fears I have for the Baltic states and Finland.

Russia and Finland have a poor history and Finland has last week said it wants to join NATO

[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.