Sivota Share Discussion Threads

[bookbroker] 05/3/2018 07:30

Finally they managed to offload part of Tactical Solutions, there will likely be a large writedowns on intangible assets at results, but a non cash one at that, seemed to have got a reasonable return for a loss-making business, will there be any caveats attached, that is the question. At least they can focus now on the two core businesses, hopefully Clay’s will be next on the block, if that is their choice!

[battyliveson] 14/2/2018 14:36

I was hoping to hold for an update/results, but drift down suggests some bad news is out there. I have cut my losses just now and moved on.

B

[bookbroker] 14/2/2018 12:55

What is going on here, feels like a another profits warning coming, shut that friggin Tactical Solutions down, it is a waste of space!

[waveneygnome] 19/1/2018 14:00

I'm guessing the sellers may have got whiff of the M&S contract:

hxxps://www.printweek.com/print-week/news/1163361/m-s-decides-on-point-of-sale-roster

[bookbroker] 18/1/2018 09:16

We know why this is down, the core business in digital marketing is performing well, they need to take the knife to to the remaining two businesses, even if it means writing off the value altogether, the publishing business is worth something but the other part, Tactical Solutions, is just a waste of management time!

[red army] 17/1/2018 20:36

A lot of nervous sellers out there within the small cap arena. Some of the turnaround stories are failing which does not help. That said the majority of pullbacks recently have been on low volumes so you could argue creates a better opportunity to invest.

[ppreston1] 17/1/2018 12:29

Ouch. Seems like the market doesn't agree with Peel Hunt's optimism. Lot's of sellers. I'm still holding.

[ppreston1] 17/1/2018 09:21

Peel Hunt reitain their Buy recommendation and 130p price target today.

[ppreston1] 15/1/2018 13:44

I think we maybe due for a trading update this week. Hope to see progress with their digital business and restructuring of their legacy businesses. Upbeat outlook may give us bit of a bounce as this looks pretty cheap on a forward PER of 6x.

[bookbroker] 12/1/2018 11:29

I want to see them focus purely on the digital side of the business, the print and marketing are becoming surplus to requirements, and although they are a big contributor to revenue the returns are simply not good enough, it is a distraction for management and most likely a waste of capital, it’s understood the business will see more writedowns, but these are really non-expense related! But they need to get out of these legacy businesses sooner rather than later, the core digital side is a strong business in its own right!

[waveneygnome] 20/12/2017 15:35

I know...that was (part of) my point......
EVERYBODY knows the print side of things is up for grabs - but no-one wants them....yet.

[masurenguy] 20/12/2017 14:34

That Printweek article is 9 months old !

[waveneygnome] 20/12/2017 14:11

Been pretty widely touted in the trade press.

hxxps://www.printweek.com/print-week/news/1160539/struggling-st-ives-could-sell-off-all-its-print-ops

[bookbroker] 20/12/2017 13:38

I’m not sure that disposals of these two businesses are on the agenda, what MA is doing is slicing costs to make them more efficient, and then he might be looking for outside interest!

[waveneygnome] 20/12/2017 12:44

Yes....very quiet on the disposal of the 2 print businesses.

I guess no-one wants share price / Service graphics - to much competition
I'd thought someone would have wanted Clays though.

[bookbroker] 20/12/2017 12:11

This should be a lot higher, debt under control, costs in the weaker divisions hopefully having a positive effect, just those bloody earn-outs, but news would be welcome on Clay’s disposal, I’m not suggesting it’s likely, but does it really fit with the digital marketing side of things!

[battyliveson] 11/12/2017 16:29

I think this looks a reasonable risk reward share at the moment.
Positives:
Low PE/PEG/ price to FCF.
High forecast eps growth.
Good cash-flow, reducing debt. Pension scheme closed so reducing deficit
Largest and most profitable segment is showing growth.
Chart showing an upturn on 200MA and trading above 50MA

Negatives,
Weaker divisions still weak and cost cutting.
Could be more intangible write offs (but not cash-flow items).
Not a great sector at present time.

If the positives can outweigh negatives, I can see this getting to 200p, given cash-flow of circa 25-30mn.

Lets hope for a leg up before stop loss kicks in!

B

[this_is_me] 30/11/2017 07:55

encouraging update

[irenekent] 15/11/2017 18:35

Its just the market bombing out.

[prokartace] 15/11/2017 15:01

can someone explain to me how the director shareholding headlines are adversely affecting the share price I don't even understand what the RN's mean!

[bookbroker] 26/10/2017 10:53

Just need a bit of news concerning the business, they should dispose of Clay’s, it is not really core to the current business, it’s time they focused on marketing activities, stupid to continue in that low margin area , come on Armitage, get a move on. Would release capital, and further reduce debt.

[nick rubens] 26/10/2017 10:13

Is it behaving like a double top then? How low can it drift? Any chartists views here? cheers NR

[malc999] 04/10/2017 03:08

Nice to see N+1 Singer reiterate their buy rating with a 110p price target:-

hxxps://www.brokerforecasts.com/news/article/articleId/5689617

[boffster] 03/10/2017 08:19

Encouraging to me to have the business pretty much back on an even keen EPS-wise after a disappointing first half, and also, that the most profitable division of the business is the one with the 'very enouraging' outlook. Surprised to be off the boil this morning