Speymill Share Discussion Threads

[spaceparallax] 11/1/2007 13:25

RM,

Not sure about the retracement to sub 70p - entirely possible, but not necessarily the outcome. I would expect somewhere between 68 and 73p, mainly because of the strength of the recent burst and the apparent enthusiasm of Buyers who will probably be waiting for the right level. Certainly, we've seen a very strong upward trend over the recent months and IMHO justifiably so.

Be careful not to get locked out because we could see a serious breakout in the not too distant future.

[rampmeister] 10/1/2007 19:47

Sold out today at 76p - was looking a bit frothy and have a feeling that retracement might go to 70p or below. Still believe in this stock and will look to re-enter at lower levels if given opportunity. Best of luck to all holders.

RM

[gucci] 10/1/2007 16:20

have a breather

[kneath] 10/1/2007 13:41

spaceparallax - I feel the same about PUMA. Stuck with it from placement and only now its starting to move. Don't actually know anything about GUAM, but the German property side of things is a sure-fire winner IMHO. Heres to a good year for SYG.

[lostboyyats] 09/1/2007 15:45

How good is this?!

Finally the true value of this share is coming to fruition.

[spaceparallax] 09/1/2007 13:14

Kneath,

Thanks, I was aware of EK's uncharacteristic positive stance, but news of the upgrade to Buy is good. Over recent months I've seen a host of glowing articles on SYG, hence my decision to enter at 50p - things are looking good and if the suggestions of C £2 by mid 2008 are right, that would be great (especially for those diehards who've stuck in there through difficult times).

Cheers.

[kneath] 09/1/2007 11:24

Spaceparallax - Im new to this stock (in at 71p - but Ive been in PUMA since its placement 110p) so you may already know this. T1ps.com favour this stock and that infamous bear-raider Evil Knievil has a long on it. The site have posted a review on SYG quoting a rise from 'speculative buy' to 'buy'. This aside, from my research to date you would have a smaller task if you sought out those who rubbish this stock - in fact you would have no task at all! It is making earlier moves than PUMA which is what grabbed my attention. That having been said, PUMA (german property)remained flat since its placement but has just started to make gains. Both have excellent upside potential IMHO.

[rcktmn] 09/1/2007 09:18

It's just on it's way to getting back to where it should be...ie.. £1+ (imho) and £2+ by this time next yr (imho of course)
I need approx £3.5 to get back to break even. Then I'm back to my bad WGT entry level....(wish I'd bought more when it was .14p in early SYG days)

[rampmeister] 09/1/2007 08:55

Thanks for correction and seems that market cap/sp are becoming more up with events even as I write this. Steady buys already this morning with rising share price which could well go higher. UK property has been downgraded by some brokers and under a bit of cloud but this might help SYG.

RM

[mathisvale] 09/1/2007 08:46

rampmeister

Please note that the number of shares in issue is 57.1m (see recent RNS), and not 44.9m, as given by ADVFN fundamentals. That puts the cap value at about 57.1 * 72.5p = £41.4m

[arp2] 08/1/2007 18:43

...another day (4th in a row?) where there have been twice as many buyers as sellers. Low volume today though. Still, the MM's must have limits to the stock they hold and many more days like the last few will surely see the company push on towards the 80p mark.

[rampmeister] 08/1/2007 14:50

Cheadle - this is the key question. I have thought about dividing my holding between SYG/SDIC and may yet do so. However, I am tending towards SYG based on following.
Earnings for SYG of £10m. have been suggested previously on this board providing various criteria (unknown) are met. Based on total values under management of 1.5bn. we arrive at 0.67% of total values as broad brush indicator. Leaving maybe £5m. net inl. refurb UK business.
We know that intention is to build up to £5bn. values under management so if this is achieved it should be with significantly higher profit margin.
Quite alot to play for with market cap around £34m.
Admit all of the above very much 'finger in the air' and imho - would welcome more scientific analysis.

Jimlad - my pleasure.

RM

[jimlad] 08/1/2007 09:24

rampmeister,

T.Y.F.T.

Jimlad

[cbeadle] 07/1/2007 23:12

SYG and SDIC should both therefore significantly gain from a rising German property market, but which has the best risk-reward ratio?

[jeffian] 07/1/2007 13:29

Just a reminder to keep a clear distinction in your head about SYG, which manages the property funds and provides contracting services, and the property funds themselves (eg SDIC) which actually own the properties. JM's comments reflect his own very substantial direct German property investments (via Burnbrae) which he has placed under SYG/GOAL management and his subsequent investment in SYG was presumably a way from benefiting from the management fees he knew would be going their way.

Regards, Ian

[rampmeister] 07/1/2007 13:00

Jimlad,
JM had a fair amount to say and most will already be known to posters but to precis initial comments he said german property was still selling below replacement value and that 17 year property bear market was turning into 10 year bull market. Also there is no stopping Macau becoming three times bigger than Vegas as a gambling destination.
Followed by
Q Isn't the problem with German property the low yields?
JM: That's both a problem and an opportunity. Germans on average are spending only 20% of their disposable incomes on rent or mortgage payments and, in a city like Berlin, 80% of the population are renters, so obviously there is an opportunity in buying property and converting tenants to into owners. But it is also possible to get rents up. You can raise rents by 20% over a three year period. And when your borrowing 90% loan to value ratios, which is what we are doing in some of our portfolios, the leverage effect of doing so is tremendous. Thanks to low prices, there has been no new construction in G for the last 10 years. But there is a rising population and a rising demand for homes - there is just a tremendous demographic push, which I think ultimately means rising prices and rents. These funds are going to pay 6-7% yields in the next year.
He also mentioned that fund launched in April will be fully invested by February.

RM

[jimlad] 06/1/2007 11:10

rampmeister.

Is there any chance you could post what Jim mellon had to say .

Jimlad

[spaceparallax] 05/1/2007 12:37

Tech,

I will occasionally pass on a tip, but only if I sincerely feel that there's promise there and when I know the history of the share - not quite sure what that makes me.

[rampmeister] 05/1/2007 11:07

Bloody hell! just reading roundtable article in today's moneyweek and they are absolutely raving about German property. Jim Mellon is amongst panel "I love German property I think we are in for a ten-year bull market" - Macau also get's favorable mention. This is a must read for SYG holders.

RM

[techtrend] 05/1/2007 10:18

Just an infrequent ramper then eh?

[spaceparallax] 05/1/2007 09:54

Gents,

In the property/housebuilding vein, you might take a look at Oakdene (OKD) one I've followed for a long time, which seems to be really coming to life on the back of significant tipping and existing very strong fundamentals.

Hopefully, those of you who are familiar with me will know that I'm not a frequent ramper. DYOR

[wiganer] 05/1/2007 09:45

It's especially encouraging on what is so far generally a bad day for small caps.

[spaceparallax] 05/1/2007 09:19

Fantastic start to the day - certainly good momentum and informed commentary in support of this continuing.

ARP,

It'll be interesting to see what happens as we approach the 80p level i.e. whether the current momentum is sufficient to overcome the resistance that you feel is likely.

[rampmeister] 05/1/2007 08:24

You may be right ARP2 but 90p is minimum PT imo. I will be holding at least until final results when real future earnings will begin to emerge - should be around April so not too long to wait.
Nice 25k buy just gone through and bid up to 70p.

RM