Ssp Share Discussion Threads

[davethehorse] 22/5/2024 09:33

They seem a confident group of directors, they strongly believe in the company and I do trust their judgement on the decisions made to grow the business abroad

[davethehorse] 22/5/2024 09:28

Some director top ups would be positive now, the CEO bought a decent wedge higher prices last year I believe

[davethehorse] 22/5/2024 09:22

Mine are at 197 and 203, think they are a hold/buy but the market is very weak at present, they can move quickly though up and down, and I think the year end results and 2025 outlook will be much better so keen to hold and add

[everton448] 22/5/2024 09:20

Apart from AVON which I bought at 900

[everton448] 22/5/2024 09:19

Bought at 227 which I will hold - as you can tell I am not very good at timing my purchases!

[davethehorse] 22/5/2024 09:18

You holding onto the ones you already have or selling?

[everton448] 22/5/2024 09:05

Looking to add at 170 if I can get it

[dope007] 22/5/2024 08:55

These are on my watch list but with debt up quite a bit and operating margins down they will be staying on it. No need to buy here imho

[gswredland] 21/5/2024 16:35

Market not liking it though

Looking to add

[davethehorse] 21/5/2024 16:12

Debt up but they have made some decent acquisitions, the benefits to follow....markets are meant to look forward....Great growth to come....;-)

[gswredland] 21/5/2024 15:41

Debt the worry here
Let's see where we end up

[davethehorse] 21/5/2024 11:24

Well down 6 to 7% but a huge amount of the volume is buying...the smart money and maybe shorts closing??

[davethehorse] 21/5/2024 09:24

Don't forget GLG will be looking to reduce or close that short, 6 million odd shares, at some point soon...

[everton448] 21/5/2024 08:55

I hope you are right Dave

[everton448] 21/5/2024 08:54

148 the post pandemic low. If it does not hold 180 I would be surprised if there was not support at the 150 levelDYOR

[davethehorse] 21/5/2024 08:54

Watch this bounce later, the shrewdies will be all over it...

[davethehorse] 21/5/2024 08:11

Short termers selling but the astute are buying....;-)

[everton448] 21/5/2024 08:08

Heading to 180 by the look of things. Market not interested and debt higher than expected.

[davethehorse] 21/5/2024 08:06

I expect analyst upgrades to follow later today, after the presentation...

[davethehorse] 21/5/2024 08:03

250p price target within a few months here

[warrenbuffet73] 21/5/2024 07:50

Nice

· We have secured entry into two new high growth markets: New Zealand and Indonesia, as announced today. In Indonesia we have agreed to create a new joint venture with PT Taurus Gemilang, subject to obtaining the necessary consents, which will initially operate 13 units, principally in Bali, and will give us a presence in this very large and growing market; combined consideration of c.£90m relating to ARE and Indonesia. We also commenced operations in Saudi Arabia during the first half following tender wins at Riyadh and Jeddah

[davethehorse] 21/5/2024 07:48

Great growth prospects here and the company are delivering their promises, medium term prospects are excellent and I agree they will look very attractive to a buy out, let's see. Expected the increase in debt due to the acquisitions they have made but they are being serviced and management is very good here. Good to see the interim divi re introduced too..:-)

[warrenbuffet73] 21/5/2024 07:39

EBITDA great

Growth solid

Debt risen a little to fund growth and refurb new builds

Q&A will be interesting

Private equity takeover a higher possibility now given growth forecasts

[davethehorse] 20/5/2024 16:17

This is just the start here....;-)

[warrenbuffet73] 20/5/2024 16:13

Encouraging and confident end to the day