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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Somero Enterprise Inc. | LSE:SOM | London | Ordinary Share | COM STK USD0.001 (DI) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -9.00 | -3.60% | 241.00 | 35,961 | 16:35:28 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 240.00 | 260.00 | 250.00 | 250.00 | 250.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:28 | UT | 1,200 | 241.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 21/5/2025 | 14:19 | UK RNS | Somero Enterprises Inc. Restricted Stock Units, Director/PDMR Shareholding |
| 12/5/2025 | 07:00 | UK RNS | Somero Enterprises Inc. Transaction in Own Shares and Total Voting Rights |
| 06/5/2025 | 07:00 | UK RNS | Somero Enterprises Inc. Restricted Stock Units, Director/PDMR Shareholding |
| 01/5/2025 | 07:00 | UK RNS | Somero Enterprises Inc. Transaction in Own Shares and Total Voting Rights |
| 01/5/2025 | 07:00 | UK RNS | Somero Enterprises Inc. Annual Report and Notice of AGM |
| 30/4/2025 | 07:00 | UK RNS | Somero Enterprises Inc. Transaction in Own Shares and Total Voting Rights |
| 29/4/2025 | 07:00 | UK RNS | Somero Enterprises Inc. Holding(s) in Company |
| 28/4/2025 | 07:00 | UK RNS | Somero Enterprises Inc. Transaction in Own Shares and Total Voting Rights |
| 25/4/2025 | 07:00 | UK RNS | Somero Enterprises Inc. Transaction in Own Shares and Total Voting Rights |
| 24/4/2025 | 11:00 | ALNC |  AIM WINNERS & LOSERS: Somero lowers outlook on "challenging" US market |
Somero Enterprise (SOM) Share Charts1 Year Somero Enterprise Chart |
|
1 Month Somero Enterprise Chart |
Intraday Somero Enterprise Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 24/4/2025 | 14:51 | SOMERO - laser guided construction equipment | 3,846 |
| 31/7/2023 | 20:06 | SOMERO - laser guided construction equipment | 18 |
| 10/1/2014 | 18:33 | Somero - Laser-guided construction equipment | 92 |
| 26/2/2013 | 07:28 | somero sales up 47% | - |
| 09/1/2009 | 12:39 | Time to buy SOM and tuck away ???? | 15 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 24/4/2025 12:26 by carcosa I originally bought SOM shares in 2015 and after doing serious research years later I sold up in 2022 for an average of 480pI extensively warned investors about SOM through most of 2022 (and got ridiculed for selling and being advise to buy back in at 460p!). Reading back through my posts nothing has really changed. A niche product that is not needed, limited customers, and a management team that's ineffective. Read my 2022 posts for anyone wanting to know more. But here were some key statements I made back then one of which was: 'The more I have researched the market the more I have come to the conclusion this is a very niche market and laser screed machines provide minimal benefits and quite a few negatives, over other concrete laying techniques. The story of having to use perfectly flat and level floors laid only by a laser screed machine does not really hold up because there are other methods much more widely used; and it the covering layer that needs to be flat and level.' Plus of course that dodgy $250k bung they gave to ASCO which was the largest single contribution that has been received by the organisation and SOM got 'rewarded' by getting a seat on the board. Since that time management have consistently come up with excuses why they, a very tiny tiny American based company can't sell stuff to the worlds largest economy, let alone RoW. Sadly a large number of employees are getting the boot because of yet anther splurge on grandeur plans in expanding their facilities. |
Posted at 21/3/2025 15:29 by alotto The FY results presentation was not overly exciting. A stable company doing steady business, subject to market cycles. Nothing exciting been said about plans on how to deploy the $30 millions on the balance sheet. US listing is off the table, the US has no much appetite for Somero to bear the extra cost for a US listing.Buyback may not be in scope either. Institutional investors seem to prefer the dividend. With a 5% net yield for a UK investor (accounting for the15% US withholding tax) I can't see much scope for appreciation, £4-5 per share seems to be a distant memory. A new CEO will take the reins soon. Wonder if he/she would bring some fresh air in the business. |
Posted at 03/2/2025 12:33 by bertiebingo And that the share price is in GBP, therefore benefits valuation. |
Posted at 18/12/2024 09:44 by alotto Somero trading range has been interesting in the past 2 weeks. I don't see much downside potential from here but I can tell there is pressure that keeps the share price below the 320p mark. A positive trading update in Jan will be crucial to see a recovery... provided the next TU is positive. I am tempted to add but I have run out of available funds for now. |
Posted at 05/12/2024 19:00 by sphere25 That is certainly notable.They took CTO out cheap. Well, most would say cheap. It was always on a low rating with low margins and a chequered history. The problem in the short term here is how many more profit warnings. I think Regent are taking an initial stake here, and then they come in and add more on any possible profit downgrades, or maybe wider market weakness. Clearly they see value at this level, even if SOM don't downgrade so maybe a win-win for them. I wonder if profit downgrades are the ideal scenario for them. If that stake building is manageable here and at lower levels, then they can cheap ball a bid, if indeed there is no real recovery. Holders here won't be happy with that. They'll be hoping for limited or no downgrades and a nice re-rating higher. I don't know if Regent will make a move if the price goes screaming north in the future, not that AIM allows too much of a re-rating. So yeah, some high level thoughts. It looks well worth a nosey now with Regent involved. Not that it is just going to go boom and play out in the near term, but it would be a surprise if that stake doesn't build. All imo DYOR |
Posted at 06/11/2024 20:35 by theaw Somero is just plain lying if they claim 99% share. The main competition, 'Ligchine', is US made and privately owned so Somero would have no idea on how many units they sell. However, I am on a first name basis with the founder of the competition and he has been candid with how many units they move annually-- based on those numbers, they move as many boom operated laser screeds annually as Somero and are generally half the price as they're a smaller and very lean company. |
Posted at 19/10/2024 13:19 by pireric FYI: below is from the following URL, just add the www. to the front reddit.com/r/ConcretJust for context as the advantages SOM has on distribution and support are obviously there "What are you looking for exactly? If you want a smaller drive in screed, then Somero is the answer for sure, they did it first and they still do it best. For boom screeds you really need to know the size machine you want, then demo both [Ligchine and Somero] and get some quotes. My only real experience is with Somero. I've worked around several of their screeds, and I've owned two. They are a big company, and have a good support network as a result. If budget is the main factor, there is a Chinese company called Vanse that has been carving out a bit of a market share. I've seen their booth at WoC, talked to sales, and spoken to a few of their customers who have nothing but good things to say. Their machines are basically Somero clones, at much much lower prices. The downside is you don't get the stateside support if something goes wrong." |
Posted at 30/8/2024 15:46 by alotto They didn't buy back a great deal of shares though. 350p is not that far off the current share price anyway.What I'm waiting for is to see an uptick in sales to support a higher price. But I doubt it will be anywhere over 400p. The investor presentation next month may deliver some guidance for H2, although Somero is not a world class company at giving estimates. |
Posted at 28/8/2024 16:42 by alotto Tomorrow the preliminary results.Share price slightly down today. I hope tomorrow we get some good news to boost the share price. |
Posted at 25/6/2022 20:47 by kenmitch Mr TThe simple fact is that none of us can know what the share price would have done without buybacks so we can never claim they worked. But we can claim they didn’t work when, as with Whitbread, a £2.5 billion buyback is done at high prices never again reached and so big capital loss for shareholders supposedly rewarded by those buybacks. E.g would Whitbread share price have fallen even more but for the buybacks. Or would Apple, Microsoft etc have done just as well or even better without buybacks? It all comes down to investors buying and selling. When shares are being priced by market makers etc no consideration is given as to whether or not that Company has bought back their shares. In falling markets Companies that have bought back heavily see their share prices fall just as much or more than Companies that did not buy back. And commentators never suggest in falling markets that Companies buying back should see better support than those that didn’t. As for Next, I agree that as they have bought back a huge number of their shares, and because they will only buyback when they consider their share price is cheap it is likely that the Next share price is higher than it would have been without their buybacks. But even Next have bought back at share prices far higher than the current price. Admittedly it was years ago, but Morgan Stanley did very detailed research on the effectiveness of buybacks and found that time and again Companies that bought back, subsequently saw their share prices underperform others in their sector that did not buyback. Finally to your Apple, Microsoft example. They too bought back at the peak of the bull market and ahead of heavy recent tech sector falls. Indeed buybacks peak near the top of bull markets and there are far fewer when markets are cheap. |
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