Spectris Share Discussion Threads

[tole] 01/11/2023 07:13

https://citywire.com/funds-insider/news/expert-view-bp-whsmith-synthomer-rws-spectris/Shore believes that Spectris is undervaluedPrecision instrument supplier Spectris (SXS) is undervalued given the divestment of its 'low quality' engineering business Omega, says Shore Capital.Analyst Tom Fraine retained his 'buy' recommendation on the Citywire Elite Companies AA-rated stock, which rose 3.3%, or 100p, to £31.06 on Tuesday.The group reported full-year 2023 results at the top end of guidance, but that is not the only reason Fraine believes the valuation of 9.5 times full-year 2023 enterprise value to pre-tax profit ratio is too low.'[The] multiple undervalues Spectris, especially given the divestment of Omega – which we consider to be a lower quality business than the average across the Spectris portfolio – in April 2022 commanded a 20 times multiple,' he said.Fraine said the 15 times price to earnings multiple is also low 'versus mid-to-large-cap capital goods stocks, given the net cash position and the improving group operating margins, which was at its highest level since full-year 2014 in full-year 2022 and continues to improve'.'The company has a range of growth opportunities in attractive markets such as machine manufacturing, technology-led industrials, metals, minerals and mining, academic research, and life sciences,' he said.

[ricky46] 01/3/2023 09:02

Keep it going still breaking out

[philanderer] 02/11/2022 15:19

'Investors think too much cash is a bad thing – but it’s this stock’s biggest strength'

Questor share tip: a restructuring plan is turning this company into a focused, high-margin business

[ram376s] 04/7/2022 09:10

Vivid share gdr popish .

[ohisay] 28/4/2022 09:44

Just posted a weekly technical buy signal ..first for a long time .I continue to accumulate ..

[cliff007] 25/11/2021 18:55

This I guess..... "MORGAN STANLEY CUTS SPECTRIS TO 'UNDERWEIGHT' ('EQUAL-WEIGHT') - TARGET 3,150 (3,370) PENCE" today.

[ryan2341] 25/11/2021 08:29

Anyone know why the drop this morning?

[the white house] 15/11/2021 11:48

Much busier here, nice, from 1 post in 140 days to 5 in 80, like the boss says, Solid

[nerja] 29/10/2021 14:51

Interactive investors winter list,

Lio, Safe, Xpp, Hlma, Adm, Synt, SXs, Hils,

It’s performed very well over the last 8 winters

[cliff007] 21/10/2021 15:16

Thanks Enami. It was a forlorn hope :D
Cheers

[enami] 21/10/2021 13:39

cliff, I think nobody reads this thread. I tried to shut it down by having no header information.

There is another thread



However the last post there was Feb 2020

If you want to have a go at hosting an SXS page then please try. I have other threds which I maintain even though I am no longer a holder in those companies.

Mondi (MNDI) is the only thread I maintain regularly.

[cliff007] 21/10/2021 08:41

Trading Update

Seems like a pretty sound trading update to me. Recognises supply chain issues holding them back but otherwise firing on all cylinders. Any thoughts ?

[tomps2] 30/9/2021 07:47

Iain Staples mentions Spectris (SXS) at 9m58s in the latest PIWORLD interview

Watch the video here:

Or listen to the podcast here:

[the white house] 26/8/2021 14:11

Still quiet

[thewheeliedealer] 31/3/2021 19:47

Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast last week and SXS was one of the Stocks we discussed. On this episode we have a Special Guest Star in the form of Tim Rogers, who was the former CEO at ABDP. He gives loads of insights into the likely future for the Car Market and also gives some background etc. around ABDP.

As always we also chatted about loads of other Stocks and Ideas for research and a fair bit of educational stuff with regards to Investing and Portfolio Management. Sadly we didn’t get time to chat about Tim’s classic motorcycle collection !!

Anyway, if you use Youtube, Apple, Audioboom, Overcast, Google+ or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 45) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful, we try to keep them light and they are totally unscripted, with the intent being that it is like you are eavesdropping on us having a chat down the local boozer (we can dream !!).

Cheers, WD
@wheeliedealer

[gilesy] 20/2/2020 08:56

not impressed by the full year results
too much writedown of intangibles and restucturing charges plus vulnerabe to china virus issues
sold out AT 29.10 FOR A NICE PROFIT

[gilesy] 16/7/2019 09:54

topped up today at 26.89 for a long term hold
good company with a lot of potential

[podgyted] 21/11/2018 12:46

FWIW ..... The IC likes.

"Project Uplift looks set to deliver the operational efficiencies that the business has been crying out for. At 15 times forward earnings, Spectris is trading at a discount to most of its competitors and a three-year historical average ratio of 17. Buy"

As ever obsessed with historical ratios.

[podgyted] 20/11/2018 07:44

Pretty good update I would have said - oh there's a tumbleweed.

[iaincc] 26/7/2018 09:14

Who is Andrew Heath going to sell this mish mash to ?

Don't see much upside

[iaincc] 24/7/2018 13:11

Must be worth £10 - £15

[sharw] 19/2/2018 18:14

Excellent results today - presentation webcast at: