Slimma Share Discussion Threads

[taurusthebear] 04/2/2002 04:57

Could have been an employee cashing in on their 45.5 p share option which became exercisable last week!

[cockneyrebel] 01/2/2002 19:30

I thought the announcement sounded positive too, I can't understand some investors ? ?


-----------
Branded Sales are "Well Ahead" of last year - these form 65% of the business.

"Last year's excellent results further illustrated Slimma's ability to operate
successfully in a very challenging environment. We have followed, and will
continue to follow, a consistent strategy applied and developed over the last
several years."


"Although sales for the first quarter of the financial year were at planned
levels, it is the second and fourth quarters that now have a much greater impact
on trading due to having substantial portions of Slimma's branded sales in these
periods. Slimma's branded order books for Spring/Summer 2002 are well ahead of
the same period last year."


"As I reported in my Chairman's Statement, although the current levels of
economic activity are forecast to slow during the year, we have had to learn to
live with this uncertainty and are strongly determined to adapt to whatever
challenge we may have to face in future trading."

-----------

They have already said in the last results that they are used to fluctuations and learned to deal with them.

If the branded sales are 'well ahead' and that forms 65% of sales, that sounds good to me.

I think one or two traders sold on the news and perhaps spooked a few others - looks like the 6850 sale @ 70p is what clipped it off in the afternoon. Bit daft if you ask me. The stock is trading on an historic PE of 7 with profits up 33% and a 4p divi (nearly 6%).

Will watch them all pile back in at £1 in May afrer the results I guess.

CR

[money loser] 01/2/2002 16:06

market not taking todays statement too well. Still sounds positive to me.

[cockneyrebel] 31/1/2002 15:06

Don't rush to answer :-)

CR

[cockneyrebel] 31/1/2002 13:16

All gone quiet on here - the company AGM tomorrow, thought you'd be bubbling ALF :-)

Buy on dips

CR

[cockneyrebel] 23/1/2002 16:30

Yes, and ruddy glad I didn't go mad too Alf!!!!

I looked at the chart and thought I might be buying on a high, but there was a bit of a dip and a bounce started so had a few. Should have waited really but there doesn't look like any decent dips here.

AGM on the 1st of Feb isn't it?

Forecast 11.9p earnings for 2002 - a PE of 5.9 and a pretty reasonable divi too - I'll add to these - but make sure I catch the bounce :-)


PAS up again today Alf :-) Results April, positive trading statement - its all there Alf :-)



CR

[oniabsta] 23/1/2002 16:07

alfwilson

thank you for your enlightening comment.

[the fox] 23/1/2002 15:27

Ex dividend date was today - for anybody that picked up at sub 70p, a 2p divi is quite attractive. I would imagine a number of investors invest this way. Extremely undervalued on fundamentals. We could still see further falling back though - but that just means a buying opportunity :)

All the best,

DR

[oniabsta] 23/1/2002 14:58

anyone know why the share price has plummeted these last couple of days ??

[chopsy] 10/1/2002 20:41

Your £1-50 target is modest. Just look at the chart and fundamentals. This is a 2-3 bagger yet, this year, IMHO. That's £1-70 to £2-55.

The trend is your friend, and the going looks good.

Best wishes to all, holders, buyers, and even to the takers of profits.

[money loser] 09/1/2002 15:20

alfwilson

imo positive trading statement should be released end of the month or at the beginning of Feb....very high spending by retail consumers over winter

[alfwilson] 07/1/2002 18:36

money loser

It would seem others are eveatually getting around to sharing our optimism. I have a £1.50+ forecast for the end of 2002.

[money loser] 20/12/2001 11:06

Good value according to todays investors chronicle

[money loser] 17/12/2001 20:48

still here...just that this stock moves up and down like a YO YO there is really not much point discussing its every move.

Fundamentally very cheap... £1 no problems in short term.

I am really pleased with retail stocks. AXN first bought at 77p now £1.50 target reached. New Look now £1.50 as well. SLM will be no different...next years results will be even better.

[inthesticks] 16/12/2001 17:37

Where is everybody??????

[money loser] 12/12/2001 13:12

Great set of results

Show me the money!!!
pretax profits £1.52m (against company market value of only £8m)
EPS 9.71
Dividend 4p

Most important for me however is the upbeat chairman statement that orders for spring/summer 2002 ahead of autumn/winter 2001.
This coupled with the fact that redundancy and reorganisation costs for reorganisation of Frank Usher are out of the way means that further massive growth in EPS is to be expected.

[chopsy] 12/12/2001 07:50

Results out. Exceptionally good. eps up 55%. See RNS.

[alfwilson] 12/12/2001 00:49

money loser

If you feel good you can imagine how I feel having first bought on the 11 Dec 2000 at ... wait for it ... 29p. It truly is a little gem. Better still the management seem to have a plan that works! I expect to celebrate a 4 bagger as early as this week!

[money loser] 11/12/2001 15:14

Got filled at 77p.

Good on ya Alf...great foresight

[money loser] 11/12/2001 11:06

As always do your own research but IMHO this little gem is worth checking out. Last time it released results (interims), shareprice jumped 20% in one day.

Fundamentals as follows
Interim results
Turnover - £12m
Pre tax profit - £1m
EPS - 6.13p
Dividend - 1.5p

These numbers are for a tiny company with market value of only £7.9m!!!
PE is only 6-7 for a rapidly growing company.

The acquisition of Frank Usher will further boost annual results which is going to be released tomorrow.

Chart looks good.


This will soar to £1 easy and still look cheap at £1. With luck this can hit £1.50 in 6 months.

I first bought at 42p and tried to buy more today. Got filled at 78p but only allowed 2500 shares. MM will try to fill another 2500 shares depending on how the rest of the day goes. ie. if someone sells at 77p I should get my full order of 5000 shares filled.

[chopsy] 10/12/2001 14:16

Analyst report published on Friday on Multex-investor, (Merril Lynch). Costs £15 and I haven't splashed out yet. Can anyone enlighten us as to the gist of its contents?

Must be good as mid price up over 10% today.

Results out Wednesday.

Forecast eps +/- 10p.

Worth a minimum p/e rating of 15 IMHO.

You can do the sums (10x15) yourself and compare with today's price.

The chart says going one way (up).

Good luck to all.

[matthewa] 02/12/2001 17:49

Only winner on this stock is the MM's

[chopsy] 01/12/2001 09:13

I wonder if this might be considered a ladies stock?

See Alpesh Patel in today's FT - women are better investors than men.

[chopsy] 30/11/2001 17:04

Maybe tightly held but I managed to get 4K at the touch (68p) on Wednesday. I thought the NMS was only 0.5K.

Slight profit taking today but still looking good. I'm very pleased to hear all the good news.

There is very good, balanced discussion over on iii.