Sondrel (holdings) Share Discussion Threads

[battlebus] 05/11/2010 08:04

Off to a good start this morning. 30p to buy.

[cambium] 05/11/2010 08:01

lovely read there bodes well for the future

[battlebus] 05/11/2010 07:53

Very pleased with the statement. Debt down to 8 million and cash rolling in . Certainly 30p short term and ++ when the debt has gone.

[cockneyrebel] 05/11/2010 07:22

Nice statement - ahead of forecasts :-)

So what's that then? 5p eps? 8peps going fwd if they are ahead?

Fwd PE 4.5?

These were paying 2.75p divi on 5p earnings a couple of years ago too.

Goimg a lot higher imo.

CR

[cockneyrebel] 03/11/2010 07:36

Blimey - we're almost lovers :-)

CR

[battlebus] 02/11/2010 23:14

CR we meet again. Haven't phoned the company reference the update but suspect we will see a modest improvement in trading.Still holding these for 30p +

[cockneyrebel] 31/10/2010 18:41

Trading Statement 2 Nov last year - so perhaps this week?

CR\

[cockneyrebel] 18/10/2010 08:49

Bought a few this am - interesting link there sharetips and that director buying is super keen.

Nearly got these a year ago but was feeling a bit more fragile then.

Trading statement due soon too if the same as last year.

CR

[sharetips] 06/8/2010 12:56

Have a look at www.brokerlink.co.uk for a fairly recent report on this. The shares still look too cheap!

[topvest] 17/5/2010 21:32

Yes, very encouraging results. £1m increase in cash in the 6m, makes the borrowings at £9m looks reasonably modest. Can see them getting net debt down to below £5m in 24m or so. Looking pretty solid. Could surprise on the upside given the level of contract wins coming through and given their reduced cost base. £10m market cap looks undervalued.

[battlebus] 17/5/2010 18:46

Excellent results today only confirms that recovery is well underway. Profit next year should be 50% ahead if it grows inline with the order book. Not many orderbooks up 50% in the current climate. Debt at 9 million should be reduced well next year.

[topvest] 21/4/2010 21:32

Yes, think this is looking good now. Dividend will be modest I suspect until they get the debt down further, but looking positive.

[battlebus] 21/4/2010 07:34

The recovery continues with a very positive update this A.M.

[battlebus] 22/3/2010 19:42

Upwards and onwards

[topvest] 21/3/2010 12:05

I'm not sure that management will buy the company. They are pursuing a sensible strategy which will lead to debt reduction and significant value to shareholders. To buy now they would need to do a debt funded deal I suspect unless they get a PE backer. Given management have such a large stake already, they can make a lot more by pursuing the existing strategy and selling in 1-3 years time. A medium term strategy offers a great deal more for existing shareholers in my opinion.

[battlebus] 21/3/2010 12:03

As cheap as possible a guess 30p. What ever happens they will be better off as the shares are sure to rise mid term so keep buying till 30p.

[doj4rivers95] 21/3/2010 11:25

battlebus - if your view is correct , and it is taken out by management.

The question is - how much will it be taken out for ?? In your opinion .

[battlebus] 13/3/2010 08:29

That,s why in my view this will be taken out by management.

[doj4rivers95] 12/3/2010 23:13

Great news it maybe, and recovery may well be on the way , but it seems SND is off the radar , as far as the market is concened , going by the amount of trades over the last two days.

Perhaps the directors will be encouraged to buy some more , as no one else seems to be.

[battlebus] 11/3/2010 22:41

Topvest are you into the same shares as myself or vice versa or is it a case of great minds think alike.

[topvest] 11/3/2010 21:44

Great news. Recovery well on the way here.

[battlebus] 11/3/2010 17:32

Great trading update which i believe they have made with a little to much caution anyway next results will be good and 40p beckons.

[battlebus] 02/2/2010 18:52

could take this out of the market at the current price for a song. Never a better time when the business is on the up.

[battlebus] 02/2/2010 08:10

Looks good again this am 25000 buy has jumped the shares now 24 to buy 1000.