Sprue Aegis Share Discussion Threads

[themariner] 14/8/2014 12:27

I would also say general market malaise too - Sprue's price was rising with initial demand and interest, but sooner or later it was bound to suffer. Pity really, it doesn't deserve to.

Still, interims soon, and possibly a trading update in advance. If Sprue is continuing to prosper in spite of "currency headwinds" (everyone calls it that!), then we might be looking at a slight re-adjustment. Maybe more if the there is decent out-performance.

And remember too that the French market may come alive soon - isn't it early next year that the French will be unable to insure their properties without adequate smoke alarm protection?

[chizgreen68] 14/8/2014 12:12

Ah, thanks 3800

[3800] 14/8/2014 12:10

Strength of the pound isn't helping, increasing the risk that the forecasts might not get met.
3800

[chizgreen68] 14/8/2014 10:19

Have we dropped on news, or just general market malaise?

[harrogate] 14/7/2014 07:43

Well done indeed. Now they are the size they are there are a lot of moving parts with different sectors at different stages of growth and currency issues on the buy and sell side so to keep hitting these numbers is a fantastic result. The question is does this mean a higher share price?. I suspect in the current markets we won't go much higher until we see the 2015 number firmed up. But great dividend and great team so very happy to hold for the longer term. Do we know at all if there another country after Germany and France that will take the regulations seriously ..probably can't expect that from some of the other larger countries in EU such as Spain and Italy

[glasshalfull] 14/7/2014 07:35

H1 trading statement released which confirms strong trading in H1 with Op Profits "significantly ahead" of H1 2013.

@Glasshalfull1: SPRP (Sprue Aegis) - H1 t/s confirms Op Profits "significantly ahead" of 2013 38% EPS growth forecast in 2014 #TMFPP

German/European trading performing ahead of expectations, while offset with weaker Retail and contending with currency fluctuations. Pleasingly, they now have gained regulatory approval for the Nano which should result in considerable margin approvement in sales of CO detectors.

Strong trading anticipated for H2 and hopefully this will include launch of their "Sona" range for Trade market and French sales finally kicking in.

What does this translate into?
Westhouse have 37.7% EPS growth factored in for this year with Sprue optimistic of meeting this.

All that remains to say is well done to GW & team.

Regards
GHF

[the big fella] 10/7/2014 09:18

Yes GW took time out from his travels to e-mail me to say the statement will be out next week.

[speedsgh] 05/7/2014 21:10

Perhaps tick up is in anticipation of pre-close trading update due in the next week or so?

[pj 1] 04/7/2014 19:39

OK..thanks

[the big fella] 04/7/2014 19:33

I don't think sprue offer this as yet. I meant people receiving the cash and reinvesting in the market. And to answer your question no they they don't appear as buys.

[pj 1] 04/7/2014 19:22

Showing my ignorance but do Divi re-investments show as Buys? eg Scrip divi.

[glasshalfull] 04/7/2014 19:18

I suspect that's the reason TBF...lovely dividend dropped in (thank you Sprue!).

Also noticed that the company have been tipped in the latest SpreadBet Magazine.





p104 - Small Cap of the Week



Believe it's an reiteration of early article posted on this thread.

Regards,
GHF

[the big fella] 04/7/2014 16:30

Some dividend re-investment today perhaps?

[jjoshaw] 09/6/2014 09:56

Thanks for the minutes,Pj,much appreciated.

[kalkanite] 09/6/2014 08:00

Thanks for the minutes PJ, much appreciated.

K

[janeann] 08/6/2014 19:53

Many thanks also PJ1; and also for your answer/comment re thal; there I fully agree news/new contracts are needed. but Im optimisitc

[99matti99] 08/6/2014 19:23

Cheers PJ, much appreciated.

[chizgreen68] 08/6/2014 18:01

Thanks for the minutes Paul, very good of you to circulate

[pj 1] 08/6/2014 16:41

OK, remove your email addys

[davidosh] 08/6/2014 11:09

Just to mention that Sprue will be one of the midlands based companies that will be presenting and having a stand at the Mello investor weekender event in Derby from 7th to 9th November so keep those dates free in your diaries.

The event will be launched in a few weeks but just to get a flavour..

[janeann] 08/6/2014 09:54

and also yes plaeas - many thanks PJ1

[nfs] 08/6/2014 07:35

Pj1
Your AGM notes-yes please

[99matti99] 08/6/2014 07:16

PJ1
I would love your AGM notes thanks. I forgot to get back to you about my FCF question but i think Woodcutter answered it above.
.
Cheers

Matt