Somero Enterprise Share Discussion Threads

[basem1] 06/12/2018 18:57

Been a lucky stock for me. In at 320, out at 357 In at 320, out at 345 on Monday Back in today at 294. Fundamentals are excellent, new business opportunities mentioned in the last results , just a bit of panic around today. Forced sellers etc.

[dl6789] 06/12/2018 16:21

I'm back in today and was feeling pretty good about it, until the large sells just came in at 290p. Are you guys holding/adding at these levels?

[jon123] 27/11/2018 18:05

its nothing to do with brexit the share of this company is going down with the market, things stateside ain't so rosey either rising interest rates will slow there economy down, all the world's economies are slowing down i like US dollar earners i have a portfolio full of them but there all going in the same direction down

[podgyted] 27/11/2018 17:19

jon123 - have a lot of sympathy with what you are saying. However, for better or worse, I've built up a large stake here (for me) as it seems, based on my research, to be very good value. No Brexit implications, growing, low PER, high yield, moat ......

Time will tell, but SOM is 25% lower than it's high, and things for the company are getting better, not worse.

Could they go lower? Never say never, but I think this is the base and, if not, it's pretty close. (Forward PER of 10, yield of 6%, IP ....)

[jon123] 27/11/2018 15:31

i hope it is too but i'm not going to add until i can see some sort of stabilization in the overall market i still think cash is king no matter how cheap these look now they could well be cheaper in a few days/weeks time

[basem1] 27/11/2018 15:23

Could well have done Jon, it didn't feel right at 320 last week for me but today it does. Hoping my traders instinct is correct.

[basem1] 27/11/2018 15:13

Guys....different sector but take a look at SLP. Read the last results and look at the market cap. Sorry for the ramp, not normally my style but pleased to spread the word on a good one.

[jon123] 27/11/2018 15:12

was wondering if the overhang has cleared but not so sure even with that big trade

[basem1] 27/11/2018 15:10

Back in today with a modest 3000 shares. Lots to like here.

[rivaldo] 26/11/2018 22:48

Polar Capital appear to have turned up with a 5.36% holding, or just over 3m shares. Which is nice:

[rivaldo] 25/11/2018 17:31

Tipped twice on T.M.F :o))



"Considering all of the above, and with analysts expecting earnings to increase by 17% this year, I believe Somero’s valuation of 10.3 times forward earnings significantly undervalues the business, and its prospects."

And:



"When it’s considered that its stock now trades on a P/E of just 11 for the next financial year, I think Somero looks great value right now."

[davebowler] 23/11/2018 09:37

hTTps://amp.theguardian.com/environment/2018/apr/23/graphene-a-game-changer-in-making-building-with-concrete-greener?__twitter_impression=true

[kalkulacka] 22/11/2018 17:08

If you ask your bank how long it takes to clear a dollar denominated cheque, they will tell you 6-8 weeks.

[greyingsurfer] 22/11/2018 12:17

I won't be asking them. No real interest. I don't use AJB, and have no plans to change that, and even less now! But it's such a big difference it seems worthy of note. Suggests very poor procedures for handling non Sterling divs. And I'd wonder what other procedural issues they have.

[3800] 22/11/2018 09:55

Why does it take AJB 8 weeks to clear the cheque, when others managed it a month ago?
"no idea you'll have to ask them"
I doubt you will get an resonable answer if you do. Would you buy shares in such a bunch of second raters? maybe reminding them of that would get you just as far (that is nowhere)
3800

[jon123] 22/11/2018 08:58

no idea you'll have to ask them

[greyingsurfer] 22/11/2018 08:14

Why does it take AJB 8 weeks to clear the cheque, when others managed it a month ago?

[jon123] 22/11/2018 07:28

i emailed them about it westcountryboy the reply was they received the USD cheque and it can take up to 8 weeks to clear and arrive into the account i worked that out as around the second week in december

[westcountryboy] 22/11/2018 07:11

Still no sign of the dividend in my AJ Bell SIPP - I don't normally get neurotic about these things but this is getting a bit ridiculous...

[death by donut] 21/11/2018 16:15

Couple of decent size orders gone thru ?, about 0.8% of mcap , i think :-)Stand to be corrected of course and no idea if it actually means anything.DbD :-)

[basem1] 20/11/2018 16:13

Well here's my 320 but I've cancelled my order. I'm good at buying spike downs but this has a feel it may go lower despite the chart support. Love the company but not this market.

[michaeljames1] 16/11/2018 11:16

Anyone else have issues buying this share on IG?

[basem1] 16/11/2018 09:59

Hoping to trade the swing againOut at 358 Buy order in at 320p