Sigmaroc Share Discussion Threads

[se81] 24/7/2023 07:50

Forever impressed with these guys...LFL revenue up well on slight fall in volumes

Think these lines (re multiples) neatly sum up what this board is capable of

"Acquisition and investment programme launched in February 2023 now fully committed, with acquisitions expected to contribute c.£8m annualised EBITDA at an effective multiple of 3.9 times"

"Organic growth investments expected to contribute a further c.£2m once fully operational, at an effective multiple of 3.3 times;

Divestment of four non-core assets generating £11m at an effective multiple of 12.9 times (includes land holdings with no earnings impact);"

[dwnash1] 21/7/2023 18:50

True Alter.(ii) are regulars at mid or lower than that to buy a share.......and I agree with you Haywards,,,onward and upwards..g.l.all...

[haywards26] 21/7/2023 14:06

No matter what we should be 80p+ IMV...not current share price levels..

[alter ego] 21/7/2023 12:18

Ignore the buy sell ratio. It's based on the premise that if it's above the mid price it must be a buy and vice versa. Trouble is the quoted spread isn't what buyers and sellers are offered so it's pure guesswork.

[dwnash1] 21/7/2023 11:37

Sometimes shares baffle me..more sells than buys and we climb,,I'm not complaining though....Perhaps a buy has been put in to a broker?..a big holder/invester wanting more foreseeing the upside here, who knows..imho....g.l.a..Lth's

[johnv] 20/7/2023 11:35

3 times in 4 months they have said trading is ahead of expectations

[dwnash1] 20/7/2023 11:18

Reflecting back, The M.D. bought 180k's GBP worth on 6/3/23.must have paid about 56p.and it dropped away..so we are all not clever at picking the right time/day to buy in or more as was proved.imho.He's well in profit now though.g.l.all

[dwnash1] 20/7/2023 11:07

Quite John,,,,My thoughts of a good rise back in June was thwarted by sellers, but lately with economic news fractionally better in the building sector, it has made a good recovery.,,My onwards and upwards still stands,,we just have to pass the 65p mark and hold,,and as you say the 200 dam. has proved this..This definitely is my best recovery stock I hold at the moment, added more a week ago, and shall hold no matter what.. gla,Lth's

[johnv] 19/7/2023 22:25

Bounced off the 200 day ma which has curved up. Looks good.

[abergele] 02/6/2023 14:00

Go on my son,,onwards,,,and upwards,,,You know it makes sense..g.l.all.Lth's

[abergele] 25/5/2023 19:11

Draw a line through the 3 x lows from March, and we have us on a climb again,
G.l all Lth's..

[haywards26] 18/5/2023 23:36

I have never been more positive with a shareholding than I am with SRC..patience is the key..sometimes market valuations are just confusing 🙂

[yf23_1] 18/5/2023 23:13

cup and handle

[texaspete2] 18/5/2023 21:38

Yeap natural pullback on lower volume is a good sign, I'm quite positive on the chart, reverse head and shoulders in play here supported by good company fundamentals

[masurenguy] 18/5/2023 16:59

Patience - down a little today on a very modest trading volume.

[haywards26] 18/5/2023 15:32

Disappointing to see the share price fall back again...I thought we were finally on our way to a fairer valuation (80p +) with the increases in the first week of the month.

[dunns_river_falls] 06/5/2023 15:34

A good mention on stocko as a company for further research.

Highlights improving profitability
PE 8.6
8% FCF

[tonytyke2] 05/5/2023 14:01

Yep, much quieter, could well be calm before the storm. Would not surprise me if there is another holdings update very soon with some of the chunky transactions we have been seeing recently.

[haywards26] 05/5/2023 13:40

Volume is a lot lower today...is this the calm before the next leg up starts....

[tonytyke2] 04/5/2023 12:02

936k trade just gone through.

[tonytyke2] 04/5/2023 11:55

Wow, nearly 2.8m traded today already, with some large transactions yet again!

[haywards26] 04/5/2023 11:49

Something must be brewing...perhaps another acquisition announcement...

[tonytyke2] 04/5/2023 08:38

Average volume last 10 days 1.7m compared with 964k 3 month average daily volume, nearly double.

[haywards26] 04/5/2023 00:14

I do think sooner or later SRC will be re-rated. Continued outperformance and growth is being delivered, which has to eventually show in the market cap and share price. It’s just when.

But I get your point about the macro and wider economic problems..the markets have been in my view way too confident and continued upwards despite the banking issues, watching war in Ukraine and cost of living crisis etc..

[sphere25] 03/5/2023 22:03

I'm in. If posting on something, usually in it or interested in having a go but always prone to nipping in and out of things at no notice too.The market just isn't keen to give many of the smaller caps a proper re-rating. In a way it is a traders markets and SRC is one of those shares that pings about in a range. It keeps loitering at this breakout point and has a real good think about whether the macro is going to allow a big breakout or whether there is a deterioration ahead that feeds into micro performance. In a way it really is a traders market. It gets annoying watching some of these shares just go up and down without breaking out. But then you see all these bids coming in and you think...maybe one of yours will catch a bid. Clearly it shows the undervaluation too so it's all rather intricate out there.Then you have all these bank failures and ridiculous sums being quoted about the losses that others are sat on and you're sat there thinking how on Earth are the market so comfortable and what if there is some bigger cascade effect to follow. Clearly there is some form of credit tightening and slow down ahead but how deep and what does it mean for the likes of SRCAll that overhang is clearly playing a part out there so maybe many are choosing to hold and trade a few as well.But yeah, on the mobile, a little late night murmur thereLet's see how it goesFormatting will probably be knackeredAll imo DYOR