Sigmaroc Share Discussion Threads

[otemple3] 09/9/2022 13:17

I've been adding quite a few here too. It's been beaten down so far it's hard to believe there won't be a rally even on neutral news (albeit I am expecting them to be more bullish than that)

[haywards26] 09/9/2022 12:44

I have topped up with a £10k buy in anticipation of a rise next week following the expected interim announcement.

[jacks13] 06/9/2022 15:12

They've confirmed it will be Monday 12th, (Alliance News).

[gleach23] 05/9/2022 18:54

"The Group expects to publish its 2022 interim results by 12 September 2022."

Wouldn't rule out this week.

[clocktower] 05/9/2022 16:20

Might not be long before you consider this a Blue Chip - My view is the results will be very strong and hopefully get this back to 58/60p range.

[haywards26] 05/9/2022 15:37

I am poised for a top up. But there are also some tempting blue chips I am watching closely...

[wanttowin] 05/9/2022 14:44

Interims on the 12th, trusting they are strong..I would rather see an end to this weakness.

Holding enough already(underwater) so no wish to add any more, despite the tempting share price

[twirl] 02/9/2022 12:36

Thanks for your view clocktower I agree housing should be more of a gilt than equity.

I still would argue that repossessions will rise for the overborrowed in 2023 - hope not - but with the mortgage cost doubling for some and the increased energy costs it looks likely.

As for SRC I am currently out thankfully considerably north of here from the fear of Putin attacking Finland - which looks unlikely now.

I still consider new houses will continue to be built and infrastructure will continue so not so concerned at turnover here although cost of sales will temper profits to a degree.

Blackrock have only sold around 80k shares and still hold 13%

I will most likely be in at 40p

[clocktower] 02/9/2022 10:04

twirl, strange though it may sound, I very much doubt that will be the case this time, as inflation stokes the fire and more money will be printed.

In addition if you have quality tenants in good quality housing and accept lower returns you can be assured that your investments are well looked after.

In fact I believe that housing should be treated as a utility like water/electricity etc and controlled by the government, with set rates of income derived from investment in housing.

Funds should be set up by institutions, overseen by government that offers a set rate of interest (which would be better than NS&I offer) secured on the blocks/estates of quality housing which would help take the steam and vulgar profits out of speculation in housing while people have no homes that are affordable to live in.

Seeing this slide and todays RNS does not give confidence, one wonders where this will end up before there is solid buying again that takes it back well over 60p

[clocktower] 26/8/2022 13:37

To be fair wanttowin, it's the likes of me that is currently reluctant to move more funds into the market that leaves this type of stock where it is, way undervalued imo, as the slide in general continues due to the general economy.

Although cash is being eaten up by inflation it seems worse in the market bar one or two exceptions, or a bit of luck.

At present it is only private housing investment that is holding up well.

[wanttowin] 25/8/2022 15:44

Hi Clocktower, such a weak market, patience needed but its all so tiresome..

[clocktower] 25/8/2022 15:34

This has been like trying to climb up a greased pole for me, just when you think it might break 60p one slides back into the red zone. Still, it's a long term investment but I should have traded it.

[clocktower] 25/8/2022 15:34

double post error

[wanttowin] 25/8/2022 15:11

I'm hoping to see it bounce of 50p, tempted to add a few, but pretty loaded already.

[clocktower] 18/8/2022 09:06

Let us hope it breaks through the 60p and stays above now.

[wanttowin] 16/8/2022 10:20

Glad I was adding around the 50p mark, it looks like that was the bottom.
Directors adding nearer a pound was a good pointer for me.
I like everything about this company and have a 5 year plan to hold.

[tole] 15/8/2022 19:07

https://masterinvestor.co.uk/equities/sigmaroc-looking-for-a-32-price-uplift-within-the-next-few-months/

[arregius] 10/8/2022 13:26

@SigmaRoc_Plc @nordkalkcorp https://www.hbl.fi/artikel/fb2f2266-7b98-42d8-aed5-d119c9aae0f1?fbclid=IwAR3bMRnuDKCe0112aiuEe6iPmcnFCn8OjfVrXaLCxZmk4StEX813m5Qkla0The quarry in Pargas has been selected as one of the 7 wonders of the Swedish speaking areas in Finland! #srchafeen

[tonytyke2] 09/8/2022 12:11

Agreed clocktower, perhaps more recently to do with Ninety One reducing?

[clocktower] 09/8/2022 10:54

Very disappointing bearing in mind the positive news and the update from Liberum.

[se81] 02/8/2022 07:50

Update from Liberum this morning titled "Rock solid" :)

SigmaRoc’s recent trading update stated that H1 2022 EBITDA rose 6% on an underlying basis, proving the group is successfully passing through energy and other costs. Management also said that momentum has carried into the second half, supporting our unchanged profit forecasts. We expect higher profits in H2 than H1 as the UPM strike ended in April, normal seasonality should be helpful and acquisitions’ operational performance should improve. The shares still look very cheap to us on 9x PER, as the market under-estimates the resilience of its cash flows, diversity of geographical and end market exposure and long-term opportunities from acquisitions in its three operating areas.

They raise revenue estimates, profit estimates unchanged, TP 130p- 2022E now Revenue £510m, EBITDA £98.1m, EPS 6.6p

EV/EBITDA 6.4x, PER 9.3

[tonytyke2] 01/8/2022 12:33

Yes clocktower, it's good to see and the RSI and MACD now looking very strong imo. Added further again this morning.

Fingers crossed we see a sustained rally, from what looks to be a very oversold position. The update was cracking imo.

[clocktower] 01/8/2022 11:48

Nice recovery taking place, slowly looking so much better every day.