Sivota Share Discussion Threads

[diku] 20/6/2017 18:04

Is there a bid coming here...

[pugugly] 14/6/2017 15:35

waveneygnome: So very true - and Goodwill and other intangible assets amount to about about some £164 million - From previous unfortunate experiences intangible assets have a habit of evaporating when you try to realise them - also hard copy print is very much a market in retreat before online promotions and on line publishing.

[leafysuburb] 14/6/2017 13:11

Recovery play more like.

Seems to be transforming a poor first half into solid progress for the last 4 months.

[diku] 14/6/2017 10:11

There is still life left in this...takeover target?...

[walbrock82] 14/6/2017 09:25

On a technical basis, the set-up is there for it to jump! So, it wouldn't surprise me if it goes up by 60 to 70 pence, BUT the fundamentals are weak. (scroll down to see the technical charts)

[cwa1] 14/6/2017 07:47

Trading update issued:-

Outlook

As discussed at our interim results in March, we continue to review strategic options for both the Group's Marketing Activation and Books segments, taking decisive action to improve efficiencies and reduce costs. This process is ongoing and we will provide further reports on its progress in due course.

The Board remains confident in the strategy currently being pursued, and in the long term growth opportunities open to the Group. The balance sheet remains sound and we have the necessary cash flow capabilities to support our investment priorities and to further reduce debt.

[diku] 07/6/2017 10:05

Yes rates will stay low for longer as BOE have snookered themselves...and property prices will come off at least 10 - 15%...

[bookbroker] 06/6/2017 21:35

Sadly that will not be the case Edmund, property prices to fall and interest rates going nowhere!

[edmundshaw] 06/6/2017 20:25

Only positive reason I can think of is that they expect property prices to fall, and interest rates to rise - and perhaps even property taxes to rise.

[bookbroker] 06/6/2017 18:27

Floundering under their debt load, this is all very unfortunate, it could be in trouble!

[waveneygnome] 06/6/2017 15:27

Why sell the building?

Crystallised a write off of £0.7M
Loss of income £0.4k for £4.1m asset = nearly 10% return
4.1m makes up 10% of the tangible assets of the group.

[diku] 05/6/2017 09:20

Buy those companies at highs and then start selling off the silver to support the weak business model & lifestyle...

[cwa1] 05/6/2017 07:40

5 June 2017

St Ives plc

("St Ives" or the "Group")

Notification of a Class 2 Transaction

Statement regarding the disposal of property assets (DIS)

St Ives, the international marketing services group, announces that, on 2 June 2017, it completed the disposal of a wholly-owned property at Victoria Business Park, Roche, Cornwall ("the Property") for the sum of GBP4.2 million, payable in cash, to Rodenhurst Estates Limited, a property investment company ("the Transaction").

The Property is leased to a third party tenant and contributed GBP0.4 million per annum to operating profit. The net proceeds of the disposal of the Property will be used to reduce the Group's Net Debt. The net book value of the Property as at 27 January 2017 was GBP4.9 million.

The Transaction constitutes a class 2 transaction for the purposes of the UK Financial Conduct Authority's Listing Rules.

[zho] 03/6/2017 15:41

Courtesy of Mount Teide:

[alamaison5] 10/4/2017 11:35

SIV:
Transaction Complete
Share Name St. Ives PLC ORD 10P
Order Type At Best Buy
Account Trading Account
Symbol LSE:SIV
ISIN GB0007689002
Settlement Date 12-04-2017
Trade Details
Quantity 8673
Trade Price 0.529665
Trade Date 10-04-2017
Consideration £ 4,593.78
Commission £ 10.00
Stamp Duty £ 22.97
Total £ 4,626.75

[edmundshaw] 04/4/2017 09:41

Ratio-fest!

Apart from a few useful ratios like PER most ratios are useless without a lot of context, for example vs comparable companies. Even PER needs context. And all that guff has almost NO context.

[lord gnome] 03/4/2017 17:28

Total drivel. How can they pass that off as research?

[bookbroker] 03/4/2017 12:01

What a load of drivel!

[walbrock82] 03/4/2017 11:23

Here are some facts about this company you need to know (not in any particular order):

-Net book value of freehold drops from £55.3m to £13.3m in 16 years.

-It has 160 clients on their books compared with 130 last year.

-Revenue in the early 2000s is higher than today.

-Profits are very volatile.

-The business disposed of assets worth £500m since 2002.

-Today, property, plants and equipment drop from £200m to £30m in 15 years.

-The weekly technical chart shows a strong buy signal. target='_blank' />

-The capital turnover ratio is an early indicator for investors to sell if valuation got too frothy.

- The depreciation and amortisation charge since 2002 is £341m.
-Since 2002, total gross capex spending came to £477m with net capex amounts to £136m.

-As well as doing a lot of disposing (£500m worth in 14 years), they did a lot of acquisitions causing goodwill to go from £41m to £189m (2016).


- In the last 14 years, there have been 15 occasions where the share price movement were greater than 20% in either direction.

-If 2017 is another loss-making year, it will be the second time in a row.

-The last time it made a net loss (in 2009), market valuation (such as P/B and P/S) is 70% cheaper than today, despite share price collapsing. You can argue we are in a bull market which helps St. Ives to keep a hefty valuation.

The full article is here:

[she-ra] 14/3/2017 18:37

Broker buy note today. Hence the rise yesterday (heads up?) and today.

[pugugly] 14/3/2017 11:48

A lot more activity than usual today Looks mainly like PI transactions - has this been tipped somewhere ?

[waveneygnome] 10/3/2017 22:56

Not so easy/attractive for a competitor.....St Ives operates in several sectors not closely inter-related.....no single obvious suitors for the whole group.

[diku] 10/3/2017 18:58

Consolidation within sector if slow down is here or coming...A competitor buy this company out...

[lord gnome] 09/3/2017 13:28

The real cost of a lost contract:

hxxp://www.edp24.co.uk/home/jobs_2_21713/bungay_printer_clays_announces_redundancy_proposals_after_losing_out_on_major_contract_1_4923212

[waveneygnome] 08/3/2017 08:10

Looks like print is all up for sale:

hxxp://www.printweek.com/print-week/news/1160539/struggling-st-ives-could-sell-off-all-its-print-ops