Share Name Share Symbol Market Type Share ISIN Share Description
Somero Enter Di LSE:SOM London Ordinary Share USU834501038 COM STK USD0.001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 270.50p 268.00p 273.00p 270.50p 270.50p 270.50p 61,490 07:53:43
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 64.3 17.2 20.2 13.9 152.17

Somero Enter Di Share Discussion Threads

Showing 1426 to 1450 of 1450 messages
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
DateSubjectAuthorDiscuss
18/8/2017
20:56
Not yet with Youinvest. They usually take just over a week from my previous experiences.
junior21
18/8/2017
20:55
Everybody should have had it by now. If it's not in your account by the close of play on Monday, complain.
grabster
18/8/2017
20:17
Anyone received their dividends with Youinvest or Selftrade yet? Thanks
adamb1978
18/8/2017
10:20
i received the same per share as you.
mfhmfh
18/8/2017
09:51
mfhmfh - how much did you get per share? I am also with iWeb, and had 30% withholding tax deducted so ended up with 7.09p per share. iWeb told me it was not possible to claim any of the tax back because Somero are traded through CREST.
stepone68
17/8/2017
09:20
dividend received in my iweb account today. happy to re-invest with the share price at current 'lower' level.
mfhmfh
17/8/2017
09:07
Thanks. I've held them for a while and its always come through, even if a little delayed. Not in my SIPP with YouInvest yet either
adamb1978
17/8/2017
09:05
I am inclined to agree with item#2 of post 1280 - - that much of the steepened rise in the past 6 months has been based on anticipation of a construction boom to be instigated by Trump - which has not so far materialised. Easing back into its previous trendline is something I am ok with.
grabster
17/8/2017
09:02
Some brokers hold the dividend in a separate dollar account and the investors needs to convert to sterling oneself, I don't use Selftrade but might be worth checking.
interceptor2
17/8/2017
08:39
No SOM dividend in my Selftrade account yet
adamb1978
17/8/2017
08:21
It is worth remembering that Somero have been affected by adverse weather in the US before, on 8th April 2014 in their full year results they cautioned about a slow start to the year because of cold weather. By the AGM statement in May the situation have improved strongly as delayed contracts were giving a boost, and then the next trading update in July 2014 confirmed that they would be comfortably ahead. After which the share price advance strongly. A similar situation to this year which gives confidence to myself that management are trustworthy, the outlook statement will be interesting next month for the USA which is 70% of groups revenue. Agree Graham that the share price did advance quickly above the recent trend, so a period of consolidation was to be expected and also a healthy occurrence.
interceptor2
17/8/2017
08:12
Ditto Shanklin
glaws2
17/8/2017
08:11
Have been credited with the SOM dividend into my HL SIPP overnight at just over 10p/share.
shanklin
17/8/2017
06:18
I agree with you Graham - the downbeat AGM statement pulled the price back and while the more positive trading update in July reversed this we have had the summer period of very light trading volumes in which small caps frequently drift off.
glaws2
16/8/2017
20:20
The recent comments on here all make eminent sense, but I do wonder if you are looking too deeply into the recent share price weakness. IMO the rise between March and May this year was somewhat excessive based on the company's immediate potential, especially as too much expectation was placed on the Trump infrastructure boom as this was never going to have any significant impact on Somero's specialist market. A retrace was inevitable (particularly given the slightly downbeat trading update) and that has been pushed further with the special dividend coming out of the price. PS Mind you the sudden fall mid-morning today was a little unnerving!
grahamburn
16/8/2017
19:34
Hi adamB1978True - I don't have a breakdown of revenue by state either, which is why I'm giving Somero the benefit of the doubt.Perhaps it's worthwhile just rehearsing the other issues facing Somero.1) China - I do have sympathy with Somero over their long-standing inability to break into the Chinese market. As I understand it from their presentation, there are two factors at play. First, there is understandable frustration by Somero over a lack of consistent regulation/specification by the Chinese on their construction projects - therefore, it is difficult and expensive for Somero to invest in a product that serves the Chinese market. Secondly, whilst Somero's USP is to increase productivity by laying concrete quickly and highly accurately, there is a genuine commercial barrier for Somero to overcome. This is: is it more cost effectivefor the Chinese to lay concrete the conventional way using China's abundant cheap labour supply at the risk that laying such concrete is not as accurate, as opposed to using Somero's highly accurate but expensive machines?2) I acknowledge that another big plus for Somero is their investment in the wrap-around service they provide, as demonstrated by their "school" in Florida. Somero themselves recognise that, to maintain their "moat", they need to provide the excellent after-sales support that their rivals can not provide because Somero's machines can be reverse-engineered and copied (thus putting their "moat" at peril). So, this is all good stuff!So, given that Somero's fundamentals remain rock solid and taking all these issues together, the future would appear to be bright for Somero, particularly if they crack 1) and exploit 2). The "soft" share price is therefore somewhat surprising unless, in my opinion, there are short-term factors at play - i.e. the NKorea/US stand-off and/or lack of clarity on Trump's infrastructure plans. I also do not want to see any weather-related excuses, either!Regards
chashley1806
16/8/2017
18:30
Trump is squaring for a trade war with China. Being a US company trying to build a footprint there, Somero might be perceived to have an increased risk profile, in light of this.
crazycoops
16/8/2017
17:54
Chashley The weather reason could be genuine - I dont know their breakdown of revenue by state nor the weather there this year, but it could be right. There could also be other simple reasons like management's attention being diverted with the the Florida expansion etc. It was a surprise as you say, however at least the half sounds like it ended well. Still expecting a private equity offer for them at some point... Adam
adamb1978
16/8/2017
15:32
Hi ali47fishNo special insights as such as to why the share price has fallen, but I'm asking the same question. Thoughts in my head are as follows:1) The share price fall could be a result of the general market malaise in light of the current North Korea/US nuclear standoff. Assuming that Mr Trump and Mr Kim stop waving their willies at each other then, all other things remaining equal, the share price should rise again.2) I'm wondering whether the market is becoming a little impatient of Mr Trump's (lack of) infrastructure plans. To be clear, I see Somero as being indirect beneficiaries of this. Their equipment is not tailored to road or rail building, but they will benefit from supplying equipment to build new factories that spring up next to new infrastructure. However, I've heard precious little of how Trump intends to implement his infrastructure plans, and I wonder whether the "soft" Somero share price reflects this.3) I am still perturbed by Somero's excuse for its less-than-stellar latest trading update, where it blamed bad weather for its woes. Frankly, blaming the weather is akin to blaming Brexit - a convenient scapegoat that poorly-managed companies use when they fail to adjust to or plan for known risks. Whilst accepting that construction is weather-dependent, the reason why I am a little critical of Somero's use of this excuse is because, unlike the UK, the US (their main market) is not dominated by one weather-system. In other words, the factors that determine California's weather are very different to those affecting New England. I've been giving Somero the benefit of the doubt so far (given their excellent record to turn the company round from near bankruptcy after the 2008 financial crash). However, I will expect them to sharpen their act up with the explanations at the next trading update.Be interested to hear other people's views.
chashley1806
16/8/2017
10:31
I thought that the last trading update was rather positive and did buy back in here due to this update, interims are due next month and I think that the probability would favour an ahead trading update before the full year results next year. My stop is set a level that should be a safe but you can never tell, if my stop was hit then I would sell of course, but would be looking for future updates that might allow a re entry. Hopefully the share price will find support before my stop comes into play.
interceptor2
16/8/2017
10:21
in the meantime does anyone with insight knows why the share price has been in free fall?
ali47fish
16/8/2017
09:32
It's 13.3 US cents per share, but if held outside a SIPP it will have 30% US withholding tax deducted, or 15% if you have filed a W8-BEN form.
stepone68
15/8/2017
20:42
HL said I will get it tomorrow or the day after. For what I hold it only comes to about £250 or so. They said something about 13 cent a share.
scooper72
15/8/2017
19:48
Nothing from iWeb (Halifax)
stepone68
15/8/2017
12:54
Thanks - still not received mine from HL
glaws2
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