Somero Enterprise Share Discussion Threads

[grabster] 06/7/2021 17:50

tournesol - yeah, you're right. Factoid wrong. ;-)
(the 'related questions' include several involving buildings and other structures).

[eggbaconandbubble] 06/7/2021 16:26

A ship is a displacement vessel.

The only thing that one would need to consider would be painting the water or plimsol line!

LOL!

[tournesol] 06/7/2021 16:07

Hi GrabsterWith respect I Don't believe your factoid about oil tankers being built to follow the shape of the earth rather than being dead flat. For one thing the amount of curvature involved would be infinitesimal - less than the margin of error in the measuring instrument. For another the earth is not spherical it has a flattened top and bottom. That means the curvature is different in each direction. If you had to match the curve of the ship to the curve of its route, it would not be able to change course.

[carcosa] 06/7/2021 14:18

Runways need to have have a crown across the width to assist with water/fluid drainage. There is no requirement for them to be flat; meaning level along it's length. They rarely are. There is also often a slope/undulations, typically less than 2 degrees is ideal but that is very often exceeded. Subsidence is a natural phenomena over the years at most runways anyway. Then there is the building material to consider, concrete or tarmac. In an ideal world tarmac is preferred but often concrete is used for taxi-ways.

Outside of a small private residential airpark I cannot see a requirement for Somero

[tday] 06/7/2021 11:29

Bought 3500 at 434.44 but shown as a sell.

[its the oxman] 06/7/2021 11:18

Starting to look like a buying opportunity. 440p

[grabster] 06/7/2021 10:49

Thanks egg ;-)

[arregius] 06/7/2021 10:47

From a regional sales manager:Witnessed the SkyStrip in action last week in Minneapolis for the first time. Wow! Striping the plywood is now effortless with far less plywood damage.

[eggbaconandbubble] 06/7/2021 10:24

grabster - the curvature of the Earth over one mile (a airport runway for example) is approx. 8 inches.or 20 cm.

Over approx. 80 - 100 slabs (between expansion joints) end to end, that equates to approx. 2.5 mm. per concrete run.

No one would or in fact could work to such tolerances!!!!

[rcturner2] 06/7/2021 09:36

The ONS provides some information. For example:

[sdmbot] 06/7/2021 09:29

I use this as a gauge of sentiment for Construction in the US (which is their main market)

hxxps://www.uschamber.com/report/us-chamber-of-commerce-commercial-construction-index-q2-2021

Pre pandemic it was in the 70s, mid pandemic the 50s and now it is recovering a bit into the 60s.

Does anyone know if the UK produces a report like this?

[johnrxx99] 06/7/2021 08:35

Do they do runways? Not much business there as most are built already.

[grabster] 06/7/2021 07:52

A minor query - which I guess the company themselves would readily answer if I asked them:

Their levelling is described as laser guided; lasers beams are normally straight.
If a slab (such as an aircraft runway) is large enough to have to follow the curvature of the Earth (in the same way that long oiltankers do, being built to the curve), is this discrepancy handled by an onboard computer making constant 'threepenny bit' adjustments based on distance from a start point? Or is the main contractor's setting out levelled 'bay-by-bay' and curvature beyond each bay ignored on each pour?

;-)

[benbay001] 05/7/2021 22:20

Anyone want to speculate on the new product they may release before the end of the year?

" The Company continues to work on a pipeline of new products targeted to expand the Company's addressable market and anticipates release of an additional new product before the end of 2021."

[eggbaconandbubble] 05/7/2021 18:13

OK - I'm confused! The RNS says that SOM have purchased as a buy back 6521 shares.

So why are there two trades for 6521 shares @ 08.08.11 and 08.08.18 this morning???

[eggbaconandbubble] 05/7/2021 14:34

That's the UK, but is the phenomena worldwide?

[nchanning] 05/7/2021 12:13

Demand for warehousing has gone parabolic , a multi year construction boom seems inevitable here https://www.logisticsmanager.com/warehouse-demand-soaring-as-take-up-levels-hit-record-levels/

[arregius] 01/7/2021 10:41

Next update will be mid july where i expect all keeps busy

[johnrxx99] 28/6/2021 03:29

Of course I hope you are right. I think the next tranche, if it happens, will definitely be a good one for SOM.

[rcturner2] 25/6/2021 09:41

It will definitely help them as it will lead to infrastructure spend which will lead to more factories and warehouses etc.

[johnrxx99] 25/6/2021 09:35

The US 1000 billion spending package may not help them but it can't harm them either.

Sentiment will improve IMO.

[eggbaconandbubble] 16/6/2021 19:27

I think it highlighted their rather apathetic attitude towards their export markets.

If they focused their attention on all those markets I reckon in a just few years SOM could have a market cap four or five times what it is today.

[arregius] 16/6/2021 10:16

Very insightful Q&A from someros AGM

[its the oxman] 15/6/2021 19:33

Test of 500p looks imminent. Strong chart. Strong momentum.

[whittler100] 15/6/2021 19:25

Yes and after the usual AGM items the following was mentioned:
1) continuation of good trading since the last TU dated 6th May 21.
2) New products being developed/released in H2,
3) increasing staffing levels to meet demand.

SOM management are a rather conservative bunch of guys yet the commentary regarding how the company is progressing since the 6/5/21 TU was very upbeat IMO.
Rather interesting that they are recruiting more staff to cope with the level of demand for products.