Stenprop Share Discussion Threads

[martin44] 01/2/2010 11:20

longshanks - good call, totally agree and let's hope the wake-up call is realised soonest.....

[longshanks] 01/2/2010 09:56

no they don't.

Most brokers find these illiquid small caps a pain. That pain is only made worthwhile if the spread is wide enough.

In the case of STP though - it is only because the company has such a bad track record in the city that it is now so out of love. That love will come back though when the wide boys see just how undervalued it now is. It might take a while - but profitability within 12 months should be the wake-up call they need.

[martin44] 01/2/2010 09:55

Yes just another suitable acquisition that will add further value to the 'acquire and grow' strategy, wonder when the next one will be?

[jc1619] 01/2/2010 09:23

I think a 15% spread by the MMs is taking the p---.
Dont they want to trade ?

[tara7] 01/2/2010 08:31

We should see a brokers note out soon.

[jc1619] 01/2/2010 08:26

and yet 1 more to add to the fold

[martin44] 29/1/2010 21:50

langshanks - totally agree the price is too cheap and the technologies part is just their wholesale side of the business they never could be big there but in the business side and with the increased management being brought along the way with some excellent acquisitions will just add more and more value. Suddenly the story will get out and then watch this motor up fast!

[longshanks] 29/1/2010 17:08

good to have an update.

Mixed bag of performance for the half year...Spititel business powering along, with Spiritel technologies becoming a real basket case.

The trading update though is excellent - in review of the last quarter. EBITDA of £2.3m puts this on a P/E of less than 4... without the technologies business though the P/E is just 3!

Share price is just too cheap at the moment.

[jc1619] 29/1/2010 11:05

tks
I will just sit and be patient.

[jc1619] 29/1/2010 10:04

Can't deal online with Halifax.
Are these problems usual with this share

[martin44] 29/1/2010 09:39

Excellent news and the focus is now on growing the business side rather than wholesale which is very positive news 'grow and acquire' continues to read well!

[jc1619] 29/1/2010 08:45

The MMs are holding us back with a 14% spread,i will buy more when things are more relistic.

[tara7] 29/1/2010 08:26

Should get a broker report out in the next few days. Next year this should be going like a steam train. Each time we get a new company on board, profits will zoom up.

[jc1619] 29/1/2010 08:19

Glad i bought in yesterday think its time to increase my holding,RNS reads very well.

[tara7] 29/1/2010 07:59

Just what i have been going for. huge growth based on buying others on a pe of 3, reducing costs for a pe of 2 then cross selling to reduce the pe to just 1. In the meantime STP itself will be rerated to a pe of around 14. This company can more than double its size in quick order and then double again.

[jc1619] 28/1/2010 13:29

Being new to this share ,is it usual to find a large difference between buying prices like this morning.
Only buys so far.

[jc1619] 28/1/2010 12:33

I have taken a gamble on tomorrows results and dipped a small toe in before any reshearch.
Am i right in saying other than Penta Capital, Vose is the only director with a sizeable amount of shares.

[dyardley] 28/1/2010 09:25

Results are tomorrow morning at 0700hrs

[tara7] 28/1/2010 08:32

Some buying this morning [ahead of results], and a chance of seeing yet another deal.

[tara7] 25/1/2010 12:19

Results should be out this week, growth in T/O and profits should be marked in my view.

[tara7] 12/1/2010 11:32

Thankyou for that, In the past the results has never slipped out prior so might not see any action till they are out.

[dyardley] 12/1/2010 11:28

I believe from reliable sources the half-year results are due at the end of this month!

[martin44] 04/1/2010 09:59

Onwards and upwards and yes an opportunity that may not present itself again....

[longshanks] 04/1/2010 09:44

Chart is looking very nice here tara7. Could be the last few weeks of opportunity to buy these at such a large discount.