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Share Name Share Symbol Market Type Share ISIN Share Description
Stenprop Limited LSE:STP London Ordinary Share GG00BFWMR296 ORD EUR0.000001258
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -0.65% 153.00 152.00 154.00 153.00 152.00 153.00 17,615 16:35:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 44.1 16.1 5.5 27.8 433

Stenprop Share Discussion Threads

Showing 2851 to 2873 of 3000 messages
Chat Pages: 120  119  118  117  116  115  114  113  112  111  110  109  Older
DateSubjectAuthorDiscuss
25/8/2010
09:41
Another major contract and can only be a matter of time before this gets noticed. Thinking of topping up as results can't be far away. Quiet on here though.Aimho
profiting
10/8/2010
17:31
Tend to agree with you longshanks
martin44
10/8/2010
09:37
There was a sale of 15K at 42p on the 3rd which was cleared by the 11K purchase yesterday. Whilst substantial sellers sit in the background we will continue to have a fairly volatile price with the MMs inching the price up after clearing such sales. I have been picking up a few here and there and am looking to acquire a further 30/40K over the next month or so - once the overhang is fully cleared and/or we get the results we should see a decent improvement in sentiment.
longshanks
10/8/2010
00:02
Maybe a small realisation of what the shares are really worth with a little tick up of 8.5% on such a small buy!
martin44
01/8/2010
19:54
SpiriTel are finalists for the National Business Awards (Small to Medium sized business category). http://www.nationalbusinessawards.co.uk/2010-finalists Good to see they continue to pick up awards. Just need that to feed through to some rewards for shareholders.
longshanks
23/7/2010
12:53
That is not strictly true oracle28. We had a pretty comprehensive update on current trading with the interim figures. Still it would have been nice to get a trading update following year end together with an indication when results would be published. I know that results were late last year - but there were alot of changes that could justify that being the case then. I can't see any reason for them being delayed this year. Do you know they are 1-2 months away or are you guessing?
longshanks
23/7/2010
11:49
Worrying price drop.... the next sell will take it down to a whole new low level! What worries me is the company tell us nothing of material interest so no one knows the profits or potential profits that can/are being made! Results are still 1-2 months away!
oracle28
16/7/2010
17:47
longshanks - as usual some very good considered comments and I am sure this is quite a possibility, the Directors are no fools and nor is Penta, watch and wait!
martin44
14/7/2010
14:14
I have been digging into the figures for STP a bit more to see what level of overall investment has been made by Penta over the years. Bearing in mind that they have been heavily involved since the reverse takeover of Expo in 2004 in which they controlled 20%, the money they have put into this investment is quite considerable. Original investment (Expo): £5.2m Loan converted @110p: £2.6m Loan converted @150p: £0.5m Loan converted @60p: £6.9m Current convertible loan: £7.6m In total they have invested £22.7m in STP. They currently have 14.5m shares which will increase to 33.5m shares should they convert the outstanding loan notes before November 2014. On that basis they have invested all that money at the equivalent of 68p/share. The current quoted market cap for STP is a little misleading as it doesn't account for the convertible loan notes and LTIP shares that could dilute the share base quite considerably. I have calculated that full dilution would result in 49.5m shares being in issue; implied market cap of £23m as opposed to quoted one of £8.5m In fact, for Penta to just get their money back the business would have to be sold for £34m. My guess is that they want a much better return than breakeven and will be looking to make a trade sale for the business that values it some 5 to 10 times their investment - say £250m as a nice round number. That would imply a share price of approx £5. All told these figures go some way to explaining why the share price is still as low as it is. The potential dilution and controlling stake of Penta is a considerable deterrent and the target price of £5 looks a tall ask on historical performance and a takeover at that price any time soon looks very unlikely. However the business is now soundly financed, operationally profitable and growing at an impressive rate. With recent acquisitions, I estimate the current annualised EBITDA run-rate to be ~£5m - 230% ahead of EBITDA in April 2009. Further acquisitions will follow - in part now funded by internal resources, but mostly through bank debt that will become increasingly available now that they have a stronger balance sheet. I conservatively believe we could see 100% improvement on EBITDA for each of the next three years. This would give us 2014 EBITDA of approx £40m. A trade sale of the business for £250m at that point should therefore be pretty straightfoward and give Penta the exit they are looking for.
longshanks
08/7/2010
13:19
Anyone take note of my O/T comment last week: longshanks - 30 Jun'10 - 10:03 - 203 of 212 edit .... O/T: tara7 - if you are watching - take a look at SCE if you get a chance. Interesting situation developing with MMs horribly short and house broker aggressively bidding for stock. Issued an upbeat statement "ahead of market expectations" at the beginning of June with a promise to give more detail of improving situation with the results in July. Looks like it could explode with the right type of encouragement ;) SCE share price really beginning to motor now. The reason why I think it important is that STP (as a stock) is very similar to SCE. Different businesses completely but similar in many ways in terms of shareholder base and sentiment. SCE was at a real bottom last January when there was a horrible stock overhang and you could buy as many shares as you wanted. They then issued results which were "so, so" and shortly afterwards, Directors and staff all started buying shares. Since then the price has come up very strongly helped by a trading statement indicating performance above market expectations. All you need is sentiment to change and the price of unloved stocks will change dramatically. The upside for SCE when they were at 8p was huge, just as the upside for STP at 46p is now equally huge.
longshanks
08/7/2010
12:49
Totally agree and if I had spare money not committed I too would be a buyer, overhang of stock would most certainly cause this drop...I too hope the trading update comes sooner as there is so much good news!
martin44
08/7/2010
11:11
someone is desperate to sell: WINS appear to have a large overhang of stock. I'm still a buyer so will be adding more of these in the next week or so. I have a feeling that results are going to be a real eye-opener - just hope we don't have to wait till September/October to get them.
longshanks
08/7/2010
10:55
A blip I am sure!
martin44
08/7/2010
10:53
oops.....i warned you!!
oracle28
06/7/2010
14:46
longshanks - good stuff and factual too...!
martin44
03/7/2010
10:15
Whilst looking at competitors it is also worth looking at Alternative Networks (AN.) Daisy focuses on smaller businesses whereas AN. focuses more on larger SME's (between 90-1000 employees) which is more in line with STP's target market. AN. recently released a bullish set of interim results showing EBITDA of £5.5m for the six months which I suspect is roughly what STP is currently running at on an annualised basis. AN. has a market cap of £73m whilst STP. has a market cap of just £10m. Even accounting for AN.'s stronger balance sheet, this is a huge discount. Since the interim figures on 8th June, AN. has seen a substantial rerating with the share price appreciating 25%. As and when STP publish their annual results and the figures are confirmed - I anticipate that we will see a huge rerating for STP towards what I see as fair value of £1.50.
longshanks
02/7/2010
23:34
Think oracle28 you are being a little too pessamistic and perhaps don't understand the contract type that Spiritel are winning with the new technologies including VoiP and fixed contracts that offer something that others don't or don't understand!
martin44
02/7/2010
11:04
Oh dear.....the downward path continues!!! Not looking good with all those local government contracts.... margins!!
oracle28
30/6/2010
10:03
come on li'l fishes - keep on selling - longshanks wants to pick more of these up on the cheap. O/T: tara7 - if you are watching - take a look at SCE if you get a chance. Interesting situation developing with MMs horribly short and house broker aggressively bidding for stock. Issued an upbeat statement "ahead of market expectations" at the beginning of June with a promise to give more detail of improving situation with the results in July. Looks like it could explode with the right type of encouragement ;)
longshanks
29/6/2010
17:35
Yet again still on a downward path and yet again it has failed at the 200 m.a. It is following the downward line of this average!! I believe this will continue falling, there is just no appetite for STP!
oracle28
28/6/2010
17:35
news on their website of another prestigious Hotel contract at the St Andrews Golf Course: http://www.spiritelplc.com/sites/default/files/SpiriTel%20plc%20PR%20Fairmont%20final.pdf No details of value - but this is a big client to have garnered. The quote that took my attention: The contract was won against competition from larger service providers, and is another example of the Group's ability to deliver complex converged communications services for major corporate clients.
longshanks
28/6/2010
10:06
Well , 15,000 sells over two days and the price is firm as a rock.!!
tara7
22/6/2010
16:35
longshanks - an excellent summary and well thought through which exactly sums up STP in the current climate but with everything to go for and moving forward we should see some excellent returns, maybe sooner rather than later.....
martin44
Chat Pages: 120  119  118  117  116  115  114  113  112  111  110  109  Older
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