Stadium Group Share Discussion Threads

[cockneyrebel] 25/10/2010 10:23

Bouncing bang on cue imo

80p looks like the next test here imo.

CR

[owenski] 25/10/2010 10:01

Looks like up leg has arrived. Wanted to buy more today but running out of dosh
:-(

Got a lot tied up in AIM stocks at present, which I dont normally do, but it seems to me there are some cracking good plays in the AIM sector, SDM is just one of many.

[cockneyrebel] 24/10/2010 18:21

On the trend line to buy here too now Simon. Up leg soon here imo.

CR

[simon gordon] 24/10/2010 15:05

Here's the GCI write up that ic2 mentioned three weeks ago:

One consistently cash-generative company on my radar is Stadium Group, the maker of electronic and power supply products for original equipment manufacturers (OEMs), which is benefiting strongly from a recovery that began in early 2009.

Operating from facilities in the UK and low-cost China and run by affable-but-astute CEO Nigel Rogers, Stadium grew first-half sales from its core electronic manufacturing services (EMS) and power activities to £23.1 million (2009: £16.8 million) and more than doubled pre-tax profits to £1.45 million.

Having improved the quality of its earnings and strengthened its balance sheet by hiving off its non-core branded plastics business, Stadium is enjoying a recovery in demand from customers across most markets. At the same time, it is bagging business in growth sectors such as security, transport, medical and green technology, where green power supply ranges designed to meet international energy efficiency requirements are being developed.

Financial firepower

Growing organically, churning out cash and with the financial firepower to boost earnings by pouncing on acquisitions representing 'a genuine fit', Stadium could see full-year profits pushing higher to £2.7 million (2009: £1.7 million), ahead of £3 million next year, say City analysts.

Based on prospective 2010 earnings of 7.2p and a likely 2.5p dividend, the 64p shares sell on a single-figure p/e and offer a 4 per cent yield. Fill your boots.

[cockneyrebel] 20/10/2010 07:52

I did say it was an older note. I don't think this Brokerlink lot update that often, might not even be doing stuff with SDM anymore. I wasn't saying it was superior, I was saying they had higher forecasts than the other two then that I hadn't seen and as brokers haven't reduced forecasts at all.

CR

[jeff h] 19/10/2010 23:34

Er why is a note dated early Mar 2010 superior to notes from 2 brokers dated Sep and Oct 2010 ?

[dasv] 18/10/2010 11:16

good find CR.

Year to 31st December Revenue(£m) Pre-Tax Profit(£m)* EPS(p)*P/E Net Dividend(p) Net Yield(%)
2008A 47.6 2.78 7.6 6.8 2.55 5.0
2009A 46.6 2.50 6.8 7.6 2.25 4.4
2010E 51.2 3.10 8.2 6.3 2.50 4.9
2011E 53.8 3.40 9.0 5.7 2.80 5.4

EPS of 9p for 2011 forecast.

[bigbigdave] 10/10/2010 16:48

Seem to have received tomorrow's divi a day early so mustn't grumble!

[cockneyrebel] 09/10/2010 10:54

Electronic Sector tpped here:



CR

[cockneyrebel] 06/10/2010 14:49

That's a break out for sure now, imo.

CR

[dasv] 05/10/2010 15:33

thanks ic2 re: CHH - personally not really a fan of that sector demand wise at the mo.

[interceptor2] 05/10/2010 15:07

Re-Churchill China. gci are keen due to a recovery in orders from hotels and restaurants in Europe and USA. And the 4.7% yield is attractive.

Not a company I would be interested in.

SDM and STAF look much more interesting imo.

Regards............

[owenski] 05/10/2010 10:38

Cheers Ic2, the prospects look good

[interceptor2] 05/10/2010 10:06

I received a free copy of Growth company investor last week, there was a section called pick of aim. Where three companies were recommended, Stadium, Churchill China and Staffline.

I will just type out the summary for SDM below.

Growing organically, churning out cash and with financial firepower to boost earnings by pouncing on acquisitions representing a genuine fit. Stadium could see full year profits pushing higher at 2.7m and ahead of 3.om next year say city analysts.
Based on a perspective 2010 earnings of 7.2p and a likely 2.5p dividend, the 64p shares sell on a single figure p/e and offer a 4% yield. Fill your boots.

Cant say I disagree, looks like SDM are going through a re-rating now.

The write up on the other two stocks was just as bullish.

Regards ic2..............

[cockneyrebel] 04/10/2010 17:37

80p the next resistance when that goes.

CR

[dasv] 04/10/2010 16:46

true - if you zoom out to spring 2008 then we haven't broken out of the 3 year range. It looks very promising though - next stop after that is 90p ish ;)

[simon gordon] 04/10/2010 16:32

Still a few pennies short of a multi year breakout:



======

Swing out Sister, Breakout:

[dasv] 04/10/2010 16:27

breakout was at 64p IMO

[cockneyrebel] 04/10/2010 15:51

Breaking out here.

CR

[interceptor2] 04/10/2010 08:27

These are a very exciting prospect imo, and the share price is starting gain momentum. As CR mentioned on the VLX thread XPP trading update today was very strong, which shows that this sector is very hot one.

Regards.......

[cockneyrebel] 03/10/2010 21:39

Yep, breakout soon imo. Perhaps news on the sale of the factory or a t/s will trigger it.

CR

[bigbigdave] 03/10/2010 21:35

Thx for the charts Simon, hadn't noticed that.

[owenski] 03/10/2010 20:42

Put a small amount in at the bid on Fri and they didn't get filled, looks like they're on the up. If XPP reads well Mon. morn. ( no doubts that they will ) then there's a knock on effect here imo.