We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Speymill | SYG | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
0.325 | 0.325 |
Top Posts |
---|
Posted at 18/12/2012 18:52 by the troll the future, greedfear; imagine a boot forever stamping down upon the net asset value of SYG; those German props. were, supposedly, worth c. 10p per share upon transfer ? & we're down to 1/4p bid ! what the hell's happening. |
Posted at 24/5/2012 09:52 by greedfear Someone thinks it's going to be a short year lol.Todays news is a good deal for SYG as it adds to NAV as book value of the loan was lower and... Money in the bank. |
Posted at 06/12/2010 21:12 by someuwin Monday's Stock Market report from UK-Analyst:"...Property services business Speymill (SYG) expects to post an improvement in like-for-like profitability in 2011 driven by its improved financial position, a pick-up in operating activities and the implementation of efficiency enhancing measures. In a trading update, the company revealed that it negotiated a reduced interest rate on the loan facility from 12% to 9% on the back of its improved financial position. Furthermore, it also announced that further progress has been made at Speymill Contracts, its 100% owned Huntington-based construction business, with an increase in committed projects. Speymill shares moved forward by 3.38p to 6.88p." |
Posted at 06/12/2010 09:42 by ivor hunch I picked up some this morning - just 50,000 but might have another bite at the cherry later.I hope this bb gets more lively as I see SYG as an interesting recovery situation. I did extremely well on them some years ago when they moved from Wigmore into SYG and it was one of my first ten-baggers. But they are looking interesting again. The stated asset value per share at the interims was 9p and since then they have acquired two companies with German residential property worth a gross 25 million euros. I have emailed the company asking more information about their net asset values Jim Mellon is a highly successful investor and I imagine he will want to do something interesting with SYG. Ivor |
Posted at 07/10/2010 11:58 by the troll positive nav = 10pps following SDIC settlement & transfer of German properties to SYG ( RNS; 28/09/10 ) |
Posted at 07/6/2010 10:26 by titeuf_int Here are some further information on SYG that you guys might find useful :1) As you know the group has negative equity and got a 3 million loan from Mellon and Co. "The Loan will be applied as working capital for the Group and Speymill Contracts Limited ("Speymill Contracts"). It is however currently the intention of the Board to convert the Loan into convertible preferred shares as part of an offer in which all shareholders of Speymill will have the opportunity to participate. Further announcements will be made on this in due course." This loan finishes on 30/06/2010 !! So how is it going to be repaid ?? There will definitely be an equity raising whatever the outcome of teh SDIC issue => share price to fall further. 2) The group has not issued any annual results for 2009 !! Why do you think that is ? Under AIM regulation, they have 3 weeks to do so or be delisted !! SO there is a huge risk of the group being delisted after the results of the strategic planning. |
Posted at 06/6/2010 13:02 by jeffian Special Dividend???!!! You are joking, right?This serial loss-making contractor-trying-to If it pays any divi - 'special' or otherwise - I'll eat my pants. |
Posted at 06/6/2010 08:26 by w1ndjammer jeffiandecember 2007 GOAL was valued at about £7,000,000 since then they have expanded and added value SDIC are making an a aqusition so they intend to pay for GOAL lets say £9,000,000 that means we as shareholders should get a special dividend. which is what happend over at EML another Jim Mellon company they just recieved a nice payout . WJ. |
Posted at 05/6/2010 14:46 by jeffian Surprised there wasn't more of a reaction to Friday's RNS - "The Company confirms that the board of Speymill ("the Board") has reached an advanced stage in negotiating heads of terms with the board of SDIC ("Heads of Terms") in relation to the termination of the Investment Management Agreement..." SDIC shares plunged further (mind you, they've got plenty worse problems) but SYG shareholders don't seem to have taken on board that they are losing their management contract. Formerly a struggling building contractor, SYG was ramped up on the prospect of all the fund management fees it was going to generate. Well they lost Macau (I think?) and now SDIC. Looks like they're on their way back to being just a struggling building contractor. |
Posted at 07/4/2008 16:05 by 1waving Results Highlights:-Financial Highlights Turnover up 136% to £52.7m (2006: £22.3m) Profit from operations, before share based payments, of £3.09m (2006: £0.39m) Earnings per share, before share based payments, of 5.01p (2006: 1.06p) Outstanding debt extinguished in July 2007 Net assets £5.07m (2006: £2.21m) Operational cash inflow £1.93m (2006: outflow £0.01m) and year-end cash resources of £1.50m (2006: £0.65m) Maiden dividend of 0.5p per share Dividend The Board has previously indicated that the Company would commence payment of dividends as from the 2007 annual results and that commitment is being met with a proposed final dividend of 0.5p per share for 2007. Furthermore, subject to trading performance, it is anticipated that increasing levels of dividends will be paid in future, commencing with a more substantial 2008 interim payment in the last quarter of this year. Outlook We now have proven effective and robust business models which provide an excellent basis for the Group to make further strong progress and to meet the challenges which the changing economic climate is presenting. We are therefore expecting further significant growth in turnover and profitability during this current year. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions