Sprue Aegis Share Discussion Threads

[reddave999] 23/4/2015 15:08

A bit of movement here:0)

[speedsgh] 17/4/2015 14:45

yes, davebowler. company have also confirmed to me that they are due to release Final Results on Mon 27/4.

[pj 1] 17/4/2015 13:52

Sprue supports UK Fire & Rescue Services (“FRS”) with home safety initiative in
private rented properties
For immediate release – 16
th April 2015
The government recently announced plans to introduce new legislation to make it mandatory
for smoke alarms and carbon monoxide (CO) alarms to be installed in private rented
properties.
Sprue’s FireAngel branded smoke and carbon monoxide alarm products have been used for
many years by the UK Fire and Rescue Services as part of their Home Safety Campaigns
and we are proud to be selected to support this important initiative. Sprue will continue to
supply an innovative portfolio of UK designed smoke and CO alarms which combine latest
sensing technology and aesthetic design.
Mark Cashin, Home Safety Lead at the Chief Fire Officers’ Association said: “We are
delighted that the Government has responded to our campaign and are bringing in this lifesaving
legislation.
“FireAngel is a brand known throughout the industry and we are pleased that Sprue’s
support will enable us to run a major campaign to raise awareness of the new legislation and
ensure these inexpensive but life-saving alarms are fitted to protect some of our most
vulnerable families.”
Notes to Editors:
Sprue’s range of products under the FireAngel, First Alert, SONA and BRK brands offer a level
of protection and performance that few can match. Supported by a strong commitment to
quality and customer service, Sprue is establishing itself as a European market leader.
Sprue specialises in designing, manufacturing and supplying products that save lives and has
a comprehensive range of products that provide peace of mind and keep people safe.
Sprue is a wholly owned subsidiary of Sprue Aegis plc which has won a number of prestigious
Sunday Times Virgin Fast Track 100 Awards recognising the fastest growing companies in
the UK.
About Sprue Aegis plc
Group overview
With its head office in Coventry, UK, Sprue Aegis plc is one of Europe’s leading home safety
products suppliers. The Company designs and sells smoke and carbon monoxide alarms
including other safety related products throughout Europe under the FireAngel, First Alert,
BRK, Dicon, SONA and AngelEye brands. Sprue enjoys a strong European market presence,
a leading UK retail and utility footprint, is the supplier of choice to the UK’s Fire and Rescue
Services and continues to develop its market share in the UK’s trade sector. Sprue has an
established network of independent distributors within Continental Europe providing access
into these key growth markets through local partners.
Patented technology
Sprue has patented technology in Europe, the US and other selected territories and its range
of smoke and carbon monoxide alarms is independently certified to the latest European
standards. For further product information, please visit: www.fireangel.co.uk or
www.firstalert.co.uk or www.brk.co.uk or www.sprue.com or www.sonasafety.com.
Company ethos
We make products that save lives. It is a simple philosophy. Everything we do is focused on
providing market leading smoke and carbon monoxide alarms that achieve this objective.
For further information please contact Sprue’s Marketing Department

[davebowler] 16/4/2015 16:31

Westhouse;


Sprue Aegis –new non-executive director

We view positively the news that John Shepherd has been appointed a non-executive director with immediate effect. John most recently was chief executive of Synectics, where he oversaw a substantial improvement in profitability between 2008 and 2013 and previously had been responsible for delivering strong growth at First Technology and a division of Smiths Industries. When Sprue moved to AIM last year it committed to splitting the role of chairman and chief executive and of bringing a new non-executive on board, both of which have now been achieved.

Final results for 2014 are due to be released on Monday 27 April, ahead of which we maintain our 400p target price and Buy rating.

[speedsgh] 10/4/2015 11:41

A few nervious nellies around here, I see, prior to release of Final Results which, going by last year, could well be next week. Regardless of the euro weakness, it's worth re-reading the last two trading updates...

Trading Update (20/11/14) -
Trading Update & Product/Technology Update (19/1/15) -

Expect SPRP to be much closer to 400p within the next 3-6 months. Aimho.

[glaws2] 10/4/2015 08:12

Because it was the closing UT trade (the uncrossing trade in the closing auction) which sets the official closing price. Smacks of price manipulation.

[az4hr] 10/4/2015 08:07

How can a trade of one share knock the price down over 4%

[glaws2] 10/4/2015 07:03

The closing price was artificially low -with a UT trade of a single share bringing the price down. It ought to correct on opening.

[james188] 09/4/2015 17:51

All a bit weird. No news that justifies this sort of volatility. I am just going to ride it out and add if the price dips any further.

[az4hr] 09/4/2015 17:18

wtf is going on this is supposed to be my most reliable share

[saj3] 08/4/2015 10:06

Most likely a tree shake!

[shanklin] 08/4/2015 09:52

Noise or something actually going on?

[davebowler] 30/3/2015 10:38

Westhouse;
Sprue Aegis: Trading Up

Sprue Aegis’s January trading statement confirmed it had continued to perform ahead of market expectations on the back of strong European sales momentum. While the launch of a new UK trade range should help maintain sales, with a significant proportion generated in euros, 2015 profits are currently facing a currency headwind. We look forward to meeting new CEO, Neil Smith, when results are published in April. Our rating is Buy and our target price is 400p.

[jaws6] 27/3/2015 10:20

speedsgh
Tks

[pj 1] 27/3/2015 10:17

I was really surprised Jarden never came back with a much improved offer.

I wonder how they expalined the embarrassment to their own stake holders.

Quite mind boggling (with hindsight)

[jaws6] 27/3/2015 08:21

no date yet ?

[speedsgh] 12/3/2015 11:52

Just over a month until Final Results...

from Trading Update on 19/1...
"Sprue (AIM: SPRP), one of Europe's leading home safety products suppliers, today issues a trading update ahead of its audited results for the year ended 31 December 2014, which are expected to be announced in late April 2015."

[m.t.glass] 12/3/2015 10:46

"I do like Sprue Aegis (LON:SPRP) the health and safety company and I bought some more this week even though I've made quite a bit on them already. Averaging up has worked a lot for me."

(Robbie Burns - aka The Naked Trader, 19 Feb 2015)

[shanklin] 11/3/2015 14:33

MTG

That's good to know albeit I would like to think most insurers would already require this.

[m.t.glass] 11/3/2015 14:09

Lunchtime tv news today:


LANDLORDS will be required by law to install working smoke and carbon monoxide alarms in their properties, marking success for Torbay MP Adrian Sanders’ safety campaign.

The new measures, announced by housing minister Brandon Lewis today (Wednesday) and expected to take effect from October, were proposed by Mr Sanders through a Private Member’s Bill in 2011,

[ramridge] 11/3/2015 06:11

Guys - has anyone a view on the impact of weakening euro against pound on this company's prospective profits? How much of their revenues are exposed to the euro zone? Thanks

[brahmsnliszt] 04/3/2015 10:22

Hey dasv....u got some too here.Breaking out by looks of it.

[dasv] 04/3/2015 09:54

v. perky today - break-out!

[the big fella] 24/2/2015 16:17

A decent volume of shares traded today as well.