Share Name Share Symbol Market Type Share ISIN Share Description
Sprue Aegis LSE:SPRP London Ordinary Share GB0030508757 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 215.00p 210.00p 220.00p 215.00p 215.00p 215.00p 169,704 07:37:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 57.1 1.6 4.0 53.8 98.59

Sprue Aegis Share Discussion Threads

Showing 1601 to 1623 of 1625 messages
Chat Pages: 65  64  63  62  61  60  59  58  57  56  55  54  Older
DateSubjectAuthorDiscuss
31/7/2017
17:49
Masurenguy it was actually Graham Neary who wrote that on stockopedia today the message was still the same though. 3800
3800
31/7/2017
17:38
Mas - At least you know someone values your posts & is reading them! LOL! Regards, GHF
glasshalfull
31/7/2017
16:17
Paul Scott is also positive on todays Sprue update ! "I was a a bit too cautious on this fire alarm manufacturer as the recovery continued and the share price has made great gains. It's now nearly double the April 2016 low. (The high in 2015 was 350p). Issues with suppliers and overstocking caused the problems in 2016, and appear to have been dealt with. As such, the full year result is expected to be in line with expectations. Sounds great. The problems did indeed prove to be temporary. The operating profit figure is a bit misleading, however, as the company routinely adjusts for share based payments. It should stop doing this, in my view (or pay bonuses in cash instead of shares). Sprue has been investing for the future and remains on track for its longer-term ambitions. The StockRank is 74, thanks to good contributions from Quality and Momentum. Value is a bit thinner and indeed I'd argue that the positive EPS Growth and low (cheap) PEG ratio below don't help, as last year's results were artificially lower (based on one-off problems). If you trust the company, it could still be worth paying up for, of course. Maybe it's a QARP stock (quality at a reasonable price)?"
masurenguy
31/7/2017
11:26
Morning GHF - you're absolutely right ('red face') I picked it up from their website without checking the date. I've now replaced it with todays announcement. Thanks for the Westhouse update - all looks to be on track for further peogress this year. :-)
masurenguy
31/7/2017
10:53
Morning Mas - Think you've copied over the wrong trading update....one posted refers to 31.12.2016 performance. --- Yes, I would sum up this morning's update as, "steady as she goes". Westhouse confirm their BUY rating in a brief note which reiterates forecasts of £4.6m PBT & 9.1p EPS for the current year & +30% earnings growth in 2018. Importantly, they confirm a 9.0p dividend in 2017 rising to 10p next year. "Following a strong start to 2017 Sprue is on track to deliver adjusted PBT for the year in line with market expectations as the increased profitability and reduction in overheads continue to lift margins. We believe the favourable movements in the currency markets seen in H1 are also likely to have a tailwind effect as the weakness of Sterling v ersus the Euro and strengthening of Sterling versus the Dollar continues. In our view, this could positively impact results, particularly if the Euro continues to strengthen." Kind regards GHF
glasshalfull
31/7/2017
10:03
Positive update Sprue (AIM: SPRP), one of Europe's leading developers and suppliers of home safety products, today issues the following trading update for the six months ended 30 June 2017 ("H1 2017"). As announced on 15 June 2017, Sprue has made a positive start to the year and for H1 2017 expects to report sales of approximately GBP26.0m (H1 2016: GBP25.9m) and operating profit* of approximately GBP1.5m (H1 2016: operating loss of GBP0.9m before share based payments charge). The strong return to profitability has been achieved through a significant improvement in gross margin and a net reduction in overheads. The Group remains well positioned to deliver full year adjusted operating profit in line with market expectations. The new manufacturing and distribution arrangements announced on 31 March 2017 continue to progress well. The Board believes that these transformational initiatives will further strengthen the Group's offering in its key markets across Europe and greatly enhance the Group's ability to accelerate growth and maximise shareholder value in the medium to longer term. A further update on trading will be provided at the time of the release of the Company's H1 2017 results, which are expected to be announced on 25 September 2017. *Operating profit in H1 2017 is stated before share based payments charge of GBP0.2m (H1 2016: GBP0.3m)
masurenguy
31/7/2017
08:49
Encouraging results today. In Line update with very positive medium term outlook. Marked up at the Bell by MM's but a little PI selling Has taken the share price down a little. A familiar story for small growth stocks recently but should begin to move up over the next few days as positive press comments emerge.
martinthebrave
25/7/2017
23:08
Emailed the company last week pointing out that the detail on their Financial Calendar webpage was woefully out of date & gives v poor impression. No response, calendar not updated with some references back to 2015. Disappointing.HTTP://sprueaegis.co.uk/investors/financial-calendar/
speedsgh
15/7/2017
20:45
trading update came on the 22nd July last year and the 13th the year before so probably won't have long to wait. 3800
3800
28/6/2017
20:03
I'm a little loathe to post this for obvious reasons, and I'm also jumping the gun. But I wonder about any future connection between recent awful news at Grenfell and remote monitoring.
pj 1
15/6/2017
17:17
Yes Mas, very pleasing. Well done to GW & team. Stockdale have provided a brief note which confirms a reassuring AGM update & indicates, "Sprue is on track to deliver a much-improved financial performance in H1 2017 and to meet full-year market expectations at this stage. The improvement is a result of better gross margins and lower costs. Recent currency movements would provide a tailwind to forecasts if sustained. In our view, Sprue remains well-positioned to improve sales in Germany in 2017 and benefit from the ending of its agreements with Newell from March 2018. With the strong balance sheet and a 4.6% dividend yield, we retain our 250p TP and Buy rating." They are forecasting that Sprue will end 2017 with £9m-£10m net cash. Kind regards, GHF
glasshalfull
15/6/2017
08:47
Positive news ! RNS Number : 1167I Sprue Aegis plc 15 June 2017 AGM Statement Sprue (SPRP), one of Europe's leading developers and suppliers of home safety products, is holding its Annual General Meeting today at which Graham Whitworth, Executive Chairman, will make the following statement: "Sprue has made a positive start to the year with an expected strong return to profitability in H1 2017 building on the steady progress delivered by the Company in the second half of 2016. The combination of a significant improvement in gross margin and a net reduction in overheads is expected to contribute to a much improved financial performance by the Group in H1 2017 compared to H1 2016. Despite the recent modest currency fluctuations (Sterling v US Dollar and Sterling v Euro), the Group remains well positioned to deliver full year adjusted operating profit in line with market expectations. The new manufacturing and distribution arrangements announced by the Company on 31 March 2017 are progressing well. These transformational initiatives will further strengthen our offering in the key markets we serve across Europe and greatly enhance our ability to accelerate growth and maximise shareholder value in the medium to longer term."
masurenguy
06/6/2017
20:00
That's a good deal for the buyer: two alarms for £6, including VAT and delivery. I guess that they have stock obsolescence issues. Batteries will very likely have lifetime limits, even in storage, prior to connection. I suppose they're probably selling twin packs for about £2.00 before VAT, and out of that they need to cover incremental distribution and warranty expenses. That's economically better than dumping the stock, and there may be some such activities required for difficult to shift lines. Look forward to trying the alarms when they arrive.
briangeeee
06/6/2017
16:04
Fireangel smoke alarms on hotukdeals as well £7.98
jitters3
06/6/2017
13:47
Getting rid of their 10 year 'cough cough' surplus stock :-) hTTps://www.brooklyntrading.co.uk/fireangel-twin-pack-smoke-alarms-optical-ionising-sensors-10-year-life
cockerhoop
25/5/2017
18:35
Thanks GHF as always
the big fella
25/5/2017
17:48
Couple of snippets to update the thread with. Firstly the 2016 Annual Report is now available to view online. Link below. HTTP://sprueaegis.co.uk/wp-content/uploads/2017/05/2017-Annual-Report.pdf The first 7-pages highlight their technology innovation and recent re-branding. Secondly, Stockdale reiterated their buy recommendation & 250p price target today, sighting favourable currency moves (at long last ;-) which may benefit the company. "We view the recent share price weakness as a buying opportunity. Since the 2016 results were reported last month currency movements (pound strengthening against the US dollar and weakening versus the euro) have been favourable and would provide a tailwind to forecasts if sustained. Sprue remains well-positioned to improve sales in Germany in 2017 and benefit from the ending of its agreements with Newell in March 2018. With the strong balance sheet and a 5% dividend yield, we reiterate our 250p TP and Buy rating." They reiterate previous forecasts that indicate +65% EPS growth this year (to 9.1p EPS) & a 1p increase in the dividend in each of the next 3-years...9p dividend for 2017 rising to 11p in 2019. Hope this assists. Kind regards, GHF
glasshalfull
24/5/2017
21:05
Well i got in today on a 2.8% drop before it became double that. Fingers crossed this isnt anything that will trouble my stop loss.
wobaguk
24/5/2017
17:49
Slightly disturbing fall from c215 to todays 180, very expensive for me and others here i expect. I hope this isn't another case of someone knowing something i don't.
fozzie
22/5/2017
09:02
The weak dollar & strong euro is a bit of a negative as SPRP switch production from America to Europe.
gnnmartin
19/5/2017
10:22
I haven't looked in here for a while and missed GHF's superb post 1527 above. Anyone thinking as I am that this is falling to the lower end of the rising channel should take the time to read the post again. It sums up the investment case superbly. It is also worth highlighting Sprue go ex next month for 5.5p div, which makes a prospective 13 month yield of approaching 8%.
the big fella
24/4/2017
09:12
GHF, Many thanks for responding to my comments in such detail and sharing your in depth knowledge of the company so generously. All users of the Board will have benefited.
leading
24/4/2017
06:58
Excellent post GHF
glaws2
Chat Pages: 65  64  63  62  61  60  59  58  57  56  55  54  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V: D:20170820 20:56:34