Speymill Share Discussion Threads

[1waving] 07/4/2008 10:05

Good results this morning, maiden dividend to be paid, increasing dividend in 2008/9, and, paying an interim dividend in 2008. Confident statement.

[redrenault2] 03/4/2008 13:44

this thing trades on such thin volumes !!!! solid story and bloody good team ..ship em in !!

[1waving] 02/4/2008 15:58

really motoring up now ---- a bit of insider knowledge ???

[1waving] 02/4/2008 10:48

Results next week

[redrenault2] 02/4/2008 10:44

and the stock in SYG is on the move !!!!!about time !!

[password] 26/3/2008 17:13

Finally - a move in the right direction.
Be nice to see a few more of those.

[draughtsman2001] 20/3/2008 17:03

This is interesting I have heard that property in Berlin is an excellent investment...
And know a few people who have gone out there speciffically to pick up investments.

[john hampton] 20/3/2008 17:00

German property market has been in the doldrums for years and didn't even join in the European property rally over the past years! I think its so low it can only become attractive over the next year as other European markets (bubbles) deflate.

I looking around at selective stuff in Germany both Commercial & residential.

[1waving] 20/3/2008 16:54

Big volume day, anyone know why ?

[redrenault2] 17/3/2008 09:40

Slapdash .. re the fees pay peanuts get monkeys ..yes they are toppy but are they suppose to do it for love !! they have money all lined up to make acquisitions - but when the price is right. they are doing what any logical investor would do .. why buy a property for 1.2 mil this month when there is no comp in the mkt and you can get a better investment a month later even cheaper !yes, short term eps will be hit but longer term it makes sense. The contracts side is still doing well and the retirement homes sounds very interesting. Either way the share price is bloody cheap. Would I buy ?? Well there is still income being generated from existing funds .. but lets wait for the figs on the 19th (macau) & 21st (SDIC) then review.

[spaceparallax] 12/3/2008 13:38

Let's hope so; the share price certainly needs help.

[1waving] 11/3/2008 13:12

Todays injection of liquidity is certainly going to be beneficial for syg.

[slapdash] 11/3/2008 13:11

yup this whole German property to boom thing was a nice idea...but only that an idea.. or concept... all these funds are fee hungry monsters... and will die out like the dinasours..

German property increase simply hasn't happened for variety of reasons... SYG + Toast slap

all this ever was was a concept stock that looked stupid whenver the tide went out..

[jimlad] 11/3/2008 13:08

I wonder when they are going to start the share buy back?

Jimlad

[lbo] 05/3/2008 12:17

Irish home prices slid 7 percent. Germany was the only other European country where values fell significantly, dropping 6 percent

[1waving] 18/2/2008 15:02

The 'employee bonus scheme' effect has a dilution effect of about 25-30%.
The share price has more than halved.

The business is still very strong and earnings will grow substantially over the coming years.

Looking good now for future share price gains.

[spaceparallax] 23/1/2008 11:23

Heartbreaking to view the 2 year chart.

[spaceparallax] 28/12/2007 16:46

This is beginning to look rather grim!

[spaceparallax] 30/11/2007 14:23

I'm pleasantly surprised by the bounce from 50p - substantially helped by the decent Director Buy, no doubt. Whilst I'm comfortable to hold for the long term, I envisage the share price bobbling about in the low 50s for a while until SYG can offer substantial news to justify a decent recovery. Definitely one for the patient amongst us.

[bylow] 29/11/2007 16:48

jeffian......your analysis is spot on. I am not saying that people cannot make money on shares in companies under unitary control but it is highly risky and over the long term it is a mugs game.

[jeffian] 29/11/2007 16:12

No. It was tipped to me some time ago by one who would be known to all here, but the opacity of the figures prevented me from acting on it. The Mellon connection was also presented as a plus point but I am always conscious that the interests of rich, entrepreneurial shareholders do not necessarily coincide with the rest of us!

Regards, Ian

[bugs22] 29/11/2007 15:58

Jeffian - an accurate statement of fact (unfortunately). Out of interest are you a current shareholder of SYG after your experience at CBS?

PS funny Stephen Dean should be mentioned as SYG was once part of his empire I believe.

[jeffian] 29/11/2007 15:35

I wouldn't go that far, Bylow, but minority investors in companies where a person/group controls more than 50% need to understand that they are pretty much at the whim of the majority shareholder regardless of any regulatory controls supposed to protect their interests. I suffered in CBS, which was taken private for a song by its majority-shareholding CEO on the grounds that it had hit a cashflow crisis which brought its solvency into question, only to re-float a year or so later as BRU with a Prospectus showing an unbroken 4-yr profit record! With over 50%, you can pretty well do what you like. In this case, the Mellon family and associates are controlling shareholders, sit on the board, their property assets form a significant part of the managed assets, and they have interests in jv partner GOAL and various building contracts. If they want to pay themselves huge bonuses etc., it is simply moving money from one pocket into another from their point of view so writing to them to complain and expecting them to consider your interests above their own is unlikely to cut much ice IMHO. Aggrieved shareholders might do better to complain to the NOMAD.

Regards, Ian

[bylow] 29/11/2007 14:53

red......LOL!