Specialist Energy Share Discussion Threads

[jbrss] 07/12/2010 10:31

Very nice to wake upto the rise!

[paragon157] 07/12/2010 08:33

Another little tick up .. Nice to see !

[sagem] 07/12/2010 07:13

I think year end results due 31st Dec...anybody know if they have reported this date or any other date .
They also have a General Metting 23rd DECEMBER 2010 perhaps they will make a few new announcements then.

[jbrss] 06/12/2010 18:22

Lol well i feel the same in terms of the company been low risk for the AIM. Undervalued certainly and with the recent attention from the media channels towards us shows a rise in the coming weeks is inevitable. We should be trading almost double to the current price and £1 a share is definitely a fair short term estimate in my opinion.

What will be interesting is if we reach that figure in the New Year and a bid was to come in, i wonder what the premium would be on the Share price to takeover the company.

[paragon157] 06/12/2010 18:09

bones

Where I live I had my "Ray Ban's" on all over the Weekend and again today .. Believe me mate they are not "Rose Tinted" one's ! .. Lol

[jbrss] 06/12/2010 16:39

You think the indian stakebuilding will eventually become a bid for the company Paragon?

[paragon157] 06/12/2010 16:35

"imo" .. This should be more like 70/80p at least anyway if not nearer a £1 .. I'm sure this company will be taken out in the New Year .. But as usual let's wait and see .. Time will tell as always !

[jbrss] 06/12/2010 16:11

Nice move up today, hope the movement continues through december and beyond!

[paragon157] 06/12/2010 15:06

It's still not helped by how "Thin on the ground" the Shares are .. But just little bits of Buying as we have seen today will move the share price up "Bit by bit" hopefully .. Oh and obviously a bit more positive "News" .. Lol

[paragon157] 06/12/2010 08:41

We just need a little bit of daily Buying here now and this start to will tick up nicely !

[jbrss] 05/12/2010 01:18

We all know these are undervalued and the city has now seen the potential so lets hope this share price starts shifting

[paragon157] 04/12/2010 23:59

Sagem

Agree with you .. Good post's !

[sagem] 03/12/2010 19:02

I am sure that tbhis companies share price is totally undervaled and due a re rating upwards
..............................................................................

Hayward Tyler parent raises cash to fund global expansion

Written by News Desk
Friday, 03 December 2010 02:43

News - Engineering

ShareThisSpecialist Energy Group plc, the engineering group that owns Luton-based Hayward Tyler, has raised around £5 million through a placing.

The funds will provide working capital principally to support the group's exports to India, the expansion of its US nuclear operation and to provide greater flexibility to fund new orders.

As at October 31, the company's order intake for the year to date stood at £26.3m with a confirmed order book of £25.3m.

SEG's wholly owned subsidiary, Hayward Tyler, is a leading designer and manufacturer of mission critical components to the power generation and offshore oil and gas sectors.

Earlier this month, SEG announced that Hayward Tyler had won new orders worth almost £3m in India and China through Bharat Heavy Electricals Ltd and Shanghai Boiler Works Ltd.

The company has also identified a potential new site for its North American nuclear focused operations to create a 'nuclear stamped' facility which has the potential to almost double Hayward Tyler's current footprint.

SEG's directors Ewan Lloyd-Baker, Ronald Emerson and Nicholas Flanagan participated in the placing.

John May, non executive chairman of SEG, said: "We are delighted by the strong interest that has been shown by new and existing institutional investors in the placing.

"Not only does it allow the group to continue expanding but it clearly strengthens our balance sheet and should facilitate the move to more flexible banking arrangements."

[sagem] 03/12/2010 14:21

Their all talking about this company in the City as well

City analysts believe that Specialist Energy Group (LON:SEGR) shares are significantly undervalued and the company is set for above-average growth.

A number of analysts published research on SEG after it announced a new £5 million fundraising this morning. Both finnCap and Northland Capital gave upbeat views on the AIM-listed engineering firm.

SEG is issuing up to 10.4 million new shares to new and existing investors at 48 pence each.

The cash will support SEG's growing exports business to India, as well as funding the expansion of its US operation and allowing greater flexibility to fund new orders.

"We are delighted by the strong interest that has been shown by new and existing institutional investors in the placing," chairman John May said.

"Not only does it allow the group to continue expanding but it clearly strengthens our balance sheet and should facilitate the move to more flexible banking arrangements."

In a note to clients finnCap analyst David Buxton said SEG is an undervalued play in late-cycle, traditional and nuclear power generation.

The analyst highlighted that the group has strong overseas sales prospects, particularly in India and China, and its gross margins are gradually improving.

"The valuation stands at a significant discount to most other providers of power generation equipment and subsea motors," Buxton said.

Buxton believes that SEG's primary business - the Hayward Tyler subsidiary – is set to benefit from opportunities in both emerging and mature markets.

In China and India the group can benefit as the nations build new nuclear power stations while ageing western thermal and nuclear power stations are in need to be replaced or overhauled.

"We see considerable opportunities in the energy sectors for the Hayward Tyler subsidiary over the next few years," Buxton said.

He adds: "The shares responded to decent interims and the 10% Indian stake (McNally Bharat Engineering is a large shareholder), but continue to trade at a significant discount to the peer group."

Northland Capital - formerly Astaire Securities - analyst Simon Miller emphasised that the new funds would help support SEG's efforts to expand the business.

The analyst noted that a potential new site for its North American nuclear-focused operations has now been identified, and once complete and 'stamped' it could almost double Hayward Tyler's current footprint.

"The expansion of the nuclear focused business is also timely," Miller said, "as a greater reliance on nuclear power is increasingly seen as part of the solution to both energy security and climate change."

He adds: "The company has been steadily improving revenues and margins through the course of the year."

Specialist Energy was formed in January 2010 when Southbank UK reversed into AIM-listed shell Nviro Cleantech, however its principle asset, the wholly-owned Hayward Tyler business has been around for much longer.

Hayward Tyler's heritage spans way back to 1815. In its early existence it manufactured plumbing equipment before it began to specialise in submersible motors and pumps before the first world war.

It designs and manufactures mission critical components to the power generation and offshore oil and gas sectors.

Early this month SEG announced that Hayward Tyler had won new orders worth almost £3 million in India and China through Bharat Heavy Electricals Ltd and Shanghai Boiler Works Ltd.

[bones30] 02/12/2010 13:52

Shares Magazine have SEGR as a buy.

[paragon157] 30/11/2010 13:19

bones30

Good info .. Thanks

[bones30] 30/11/2010 13:06

Indian Economy grew by 8.9% in Q2 - good news for SEGR since it is one of their target markets.

[bones30] 30/11/2010 12:15

Tokyo, yes good placing price. Should drive a wedge under it at this level which is fine by me.

[paragon157] 30/11/2010 12:14

True .. I thought the same

[tokyojohn] 29/11/2010 15:47

Good news IMO. New US site sounds promising. Increased liquidity certainly needed. The placing price is a negligible discount from the recent SP, so it shows faith from IIs & directors. Hopefully it can continue its rise from the past 6 months.

[paragon157] 29/11/2010 14:57

Your in the wrong place it's around 22 degrees and Sunny where I live .. Lol

[duplicate book] 29/11/2010 14:54

Very white and snowy from where I'm standing..........:o))

[paragon157] 29/11/2010 14:12

Views anyone ? .. Lol

[paragon157] 24/11/2010 13:28

I reckon this stock is chomping at the bit to go Upwards .. Just so difficult with only around 25 Million Shares in issue ? .. Somebody Buy a 100k that should push it up around 10/15p at least ? .. Lol

Pity "Brigadier Ewan" is only interested in his "Freebies" .. Lmao