Any idea on to why the share price is in a freefall for a long while now ?
In any case we'll see any progress on 31st of October (3Q release). |
I think the drop is due to estimates for 24 and 25 being edged down a little following yesterday's results. To help you decide whether to buy back in you can view the presentation here: |
Dropping away over the last few days, anyone know why the drop?I'm now considering buying back in. |
 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. |
Keep it going still breaking out |
'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 |
Vivid share gdr popish . |
Just posted a weekly technical buy signal ..first for a long time .I continue to accumulate .. |
This I guess..... "MORGAN STANLEY CUTS SPECTRIS TO 'UNDERWEIGHT' ('EQUAL-WEIGHT') - TARGET 3,150 (3,370) PENCE" today. |
Anyone know why the drop this morning? |
Much busier here, nice, from 1 post in 140 days to 5 in 80, like the boss says, Solid |
Interactive investors winter list,
Lio, Safe, Xpp, Hlma, Adm, Synt, SXs, Hils,
It’s performed very well over the last 8 winters |
Thanks Enami. It was a forlorn hope :D
Cheers |
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. |
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 ? |
Iain Staples mentions Spectris (SXS) at 9m58s in the latest PIWORLD interview
Watch the video here:
Or listen to the podcast here: |
Still quiet |
 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 |
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 |
topped up today at 26.89 for a long term hold
good company with a lot of potential |
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. |
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