Somero Enterprise Share Discussion Threads

[ali47fish] 25/4/2024 13:03

rc can you evaluate stay sell or buy and why

[rcturner2] 25/4/2024 12:32

Somero is a cyclical stock and plenty of investors stay away from cyclical stocks.

I don't think SOM is currently "significantly" underpriced. I reckon about 400p is probably fair price at the moment.

[alotto] 25/4/2024 10:44

I wonder if I should top up at these levels. What to expect a leg up or another leg down? Hard to tell. The share price seems to be significantly underpricing the company.

[eggbaconandbubble] 15/4/2024 20:21

sorry! edited to breakout!!!

[alotto] 15/4/2024 16:34

What is a greakout?

[eggbaconandbubble] 12/4/2024 09:45

Next upward move will be a 'breakout'. Patience!

[alotto] 12/4/2024 08:50

Defiantly retracing today.

[alotto] 11/4/2024 10:57

Fair point

[gdjs100] 11/4/2024 10:28

No it didn't, I make that around 14p. It's down 6p in reality.

[alotto] 11/4/2024 09:42

It dropped as much as the dividend payment (including US-GBP rate and withholding tax)

[cwa1] 11/4/2024 09:06

Yes, it is XD

[kirkie001] 11/4/2024 08:40

Is SOM XD today? As if it is, it's not dropped by nearly as much as expected...

[thorpematt] 10/4/2024 17:07

I would not rule out a bid. This is pennies to the likes of Caterpillar but would be a nice bolt on.

On the other hand I would not WANT a bid right now. We would get a premium on the average price for the last 3-6 months which would be a terrible under-valuation.

This is worth at least twice the current share price in my view. Given the latest economic figures and pay roles numbers from the U.S. I suspect the stock price rise is just a recognition of the corner having been turned.

[alotto] 10/4/2024 13:41

I can see no sign of a bid, besides, why would you wish for that? The stock exchange would run out of listed company and all will be in the hands of private equity firms, for their betterment.

[eggbaconandbubble] 09/4/2024 18:29

I reckon a bid is coming in here!

[alotto] 08/4/2024 10:30

Somero is gaining momentum now. A lot of opportunities out there for the years to come.

[kumbuka] 20/3/2024 21:14

Not like your blind vision bully boy pj 🤣🤣🤣🤣9315;🤣

[pj 1] 20/3/2024 21:09

it needs a very very long vision

[alotto] 19/3/2024 14:38

Ah Somero, what a heavy cross you are!
What's wrong now?

[suetballs] 14/3/2024 09:46

TBH alotto I think I just got lucky.
Suet

[alotto] 14/3/2024 09:26

Suet I agree I wish I waited.

[suetballs] 14/3/2024 08:49

Given the recent fall in the share price I'm glad I held fire.
But still interested - a good story here.
Suet

[alotto] 14/3/2024 08:26

Did they give guidance for 2024 25?