Somero Enterprise Share Discussion Threads

[justiceforthemany] 10/12/2019 09:38

All buys so far...

[mfhmfh] 10/12/2019 09:00

AHT had solid results today - could be a good reflection for SOM.

[arregius] 10/12/2019 06:15

Cause they still saw the market an trading to be improving and therefore div could be maintained. Hopefully we are doing great again and can keep growing again.

[alotto] 09/12/2019 22:20

Sorry for posting again...
I cant work out on what basis the dividend payment has been increased at the light of the trading update and half year results. Could anyone shed some light on that decision?

[alotto] 09/12/2019 22:15

How did the rainy weather impact the turnover from the US market?

[fredfishcake] 09/12/2019 20:29

I can only assume we've been tipped somewhere, does anyone know where?

[moneymaker2015] 09/12/2019 19:54

Has been a good day today, 6% up here. 30% up on DTMR and did alright on CGNR, they jumped up 15% too. One to watch tomorrow is INSP, they’re converting notes at 15% higher than the share price so can expect an instant tick up in the morning. Think this is going to be a good week!

[grahamburn] 09/12/2019 18:53

The rise is, however, interesting given the strength in sterling. OK that in itself doesn't have much influence on Somero's own earnings, but it does restraining effect the level of dividends received by UK shareholders.

[davr0s] 09/12/2019 18:07

Lol - price has been axed in recent times - just a countertrend rally in a downtrend atm. Anything possible of course

[justiceforthemany] 09/12/2019 17:50

Big rise in 2 days. £800K+ buy today.
Bid coming?

[matt123d] 09/12/2019 16:09

Added a few here, initial target 230/240p

[lammylover] 09/12/2019 09:13

Breaking out of 185-200p band? Onwards and upwards, hopefully LOL Rich

[arregius] 30/11/2019 11:39

That is quite promising and optimistic. ??

[arregius] 30/11/2019 11:39

I ve been asking an insider at SOm about the sky screed and which companies purchased it. R four contracting as they announced was the first and apparently Phaze concrete bought it as well. After asking about kent companies (which they made a video on it) he has said: "Kent Co worked with us on initial testing of the machine. Ultimately they did not purchase but it was their decision. Sales have been split evenly between US and Canada and we have plenty of opportunities coming in the near weeks."After that I ask about if the split was 1:1 or they were more sales to which his answer: "Multiple. If you're looking for further information reach out to Jennifer Oliver for Investor Relations. "

[podgyted] 27/11/2019 14:24

Deere reduces outlook for 2020:-



Read across here?

[battyliveson] 26/11/2019 09:09

I see CRH mentioned weather conditions had been more favourable in US, in their trading update. Hope this bodes well for SOM who seemed to struggle with weather related issues earlier.

B

[arregius] 25/11/2019 14:12

We are increasing capacity to meet the ever growing demand https://twitter.com/arregius/status/1197077661224521728?s=21

[scooper72] 23/11/2019 11:25

When you say long term are you talking 5-10 years? I guess if they use the lull to develop their tech and business plan and essentially invest for the future then you are probably right. Certainly if they can keep paying the divi at its current rate that would reassure me.

[arregius] 23/11/2019 10:11

I am not selling any share. I trust management and they are still positive about the outlook. Longterm

[stepone68] 22/11/2019 15:05

Somero are US based and have to pay the witholding tax over to the US authorities. It's got nothing to do with where their shareholders are. Are you suggesting Somero pay extra to their UK based shareholders to make up the difference?

[scooper72] 22/11/2019 12:06

I guess if one has a good chunk of money in SOM the question is - forgotten for how long? Tempted to take some of my current holding that is at a 19 percent loss and get it working else where for a while - or just leave it here until things pick up again.

[its the oxman] 07/11/2019 09:39

Being forgotten by the market.

[glaws2] 28/10/2019 13:00

HL SIPP also deduct nothing

[qvg] 25/10/2019 16:15

which is why I use AJ Bell for my SIPP ...