Solid State Share Discussion Threads

[rarther] 16/1/2006 17:18

lol! where are all these shares coming from?

while at 66p they could have just found a seller away from the market. i'd have paid 60p if i had pockets that big... oh well i will just have to pay 30-40p by the looks of it!

[rarther] 12/1/2006 17:47

cap now nearly £3m

what's that... prospective pe of 4?

[sharegod] 10/1/2006 17:10

strange to sell just before the record date though.

[rarther] 10/1/2006 13:15

ouch. looks like someone is being extra considerate of your purchase this month sharegod!

[sharegod] 09/1/2006 17:23

very considerate of them to drop ahead of my monthly purchase. hope they stay down until pay day.

[martinwj] 08/1/2006 20:54

Well ssp goes xd on wednesday. A huge .5p so should not fall. Looks like the final results will be poor for this year on reorganisation costs, but i look forward to the forward going comments that will accompany the final results in 6 months time. Am happy to hold for a 100% return by this time next year. Have bought an extra 750! shares so holding 20750.

[rarther] 08/1/2006 17:40

martin would it be possible for you to email me or give me yours?

thanks

[e-mail]

[sharegod] 03/1/2006 10:23

Abacus another compnent distributor has been tipped for 2006.could this be the start of a general recovery ?

[rarther] 29/12/2005 12:14

they got taxed 35k of that. as with a lot of co's ssp seem to define 'profit' as profit before tax, which i'm not much of a fan of. what's worse is those ones who define 'profit' as profit before administrative expenses! "this year we have broken into profitability, however our eps was -100p."

[sharegod] 29/12/2005 12:02

tried to reccomend them on the stocks to double site but looks like someone else got there first.

[sharegod] 29/12/2005 12:00

My mistake.too much brandy again.

In which case it makes them look extremely under valued. Even if they only got 500000 fy profit and a low pe of 10 that would give 80p +

how did they get eps of 1.6 on 133000 profit and 6.15 million shares?

surely 133000/6150000 = 2.1 ?

[rarther] 29/12/2005 00:34

Their creditors also seem to have ballooned. I suppose those are the acquisition considerations.

[rarther] 29/12/2005 00:30

i think you may have divided 6,000,000 shares by £900,000 (6.66 shares) instead of £900,000 by 6,000,000 shares (15p eps).

15 x 17 = 255p

...and maybe if they buy back a few more shares the 300p target could be manageable.

[sharegod] 28/12/2005 22:11

however balance sheet not looking too clever with 1.6 mill intangibles also if any debtors defaulted it could spell trouble .but thats the risk you take.

[sharegod] 28/12/2005 22:00

Looks like a decent recovery prospect.Despite the poor market conditions they appear to have a strong order book up 6%

I wonder what redunancies will cost them?probably more or less break even for FY numbers in july and 900k profit for 2006.

which if they continue to buy back the shares and have 6 mill in issue gives an FY eps of 6.66 and given a pe ratio of 17 gives me a price target of 113.

until then just buy the dips and drip feed the cash.

they even give you enough dividend to buy a pint of guinness and a bag of chips every 6 mths.bargain.

[rarther] 28/12/2005 11:30

Interims out today... not the best time to release them, but there you go.

Things seems to be on track... negative statement regarding market but seem very confident of their ability to defy gravity.

Redundancies at wordsworth... relocating to steatite premises for cost savings.

[rarther] 26/12/2005 01:39

08/12/2005 LONDON (AFX) - Premier Farnell PLC, which makes and distributes electronic
products, said its third-quarter pretax profit dropped 23 pct and that the UK
market remains depressed after a sharp decline this year.
Pretax profit fell to 11.6 mln stg from 15.1 mln in the year-earlier period.
However, operating profit, before reorganisation costs of 1.4 mln stg, climbed
to 18.6 mln stg from 18.5 mln.
The increase in operating profit was helped by a stable performance at
BuckHickman InOne and tight cost controls across the group, said executive
chairman Sir Peter Gershon.
Sales were up 2.4 pct in the quarter with difficult market conditions in the
UK being offset by a good performance in mainland Europe and stronger growth in
Asia, which grew 17.0 pct.

[rarther] 26/12/2005 01:39

Ooh PFL (premier farnell) as well... check out those little lovebirds

[rarther] 26/12/2005 01:23

ECM (electrocomponents plc) is a good one for gauging SSP's market trends as it's capped at £1.2bn.

In their latest results they stated that turnover increased slightly abroad but fell in the uk, with both's profit margins being tighter... does not really bode too well for ssp as they are predominantly in the UK.

Guidance was not that bright either... they seem to be doing a similar thing to SSP and armouring themselves for a long battle - taking things into their own hands rather than hoping the market will turn around.

[rarther] 22/12/2005 16:30

The seller can't hold very much at all or they'd have had to declare their sales. 3% here is about £120k and if they've already been selling then the max they can have is about £100k

[sharegod] 22/12/2005 16:26

probably quite remote dreadeddalek.Especially as there seems to be a seller.maybe if the results are any good there may be some interest and the seller maybe able to place a few.

althought the guy could have just wanted some xtra money for christmas.

[rarther] 22/12/2005 15:55

i wouldn't invest in something based on what someone else thinks...