Find Your Broker
Share Name Share Symbol Market Type Share ISIN Share Description
Stirling Indus. LSE:STRL London Ordinary Share GB00BFX0W490 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50p -0.70% 71.00p 70.00p 72.00p 71.50p 71.00p 71.50p 2,957 14:03:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial - - - - 6.34

Stirling Indus. Share Discussion Threads

Chat Pages: 1
I am still not sure how to value this other than to buy it as a punt. Ok, I can now buy at 70p so a 30% discount to the placing at 100p. 7.7m net cash 30/9/18 falling at 0.5m every 6 months? So I would be buying at a discount to nav based on 8.9m shares issued. But we have the huge potential dilution: Basic earnings per share is calculated by dividing the earnings attributable to ordinary shareholders by the weighted average number of ordinary shares outstanding during the period. Diluted earnings per share is calculated using the weighted average number of shares adjusted to assume the conversion of all dilutive potential ordinary shares. Basic and Diluted eps Earnings £(1,075,741) Weighted average number of shares 88,810,003 Per-share amount (1.21p) So I would guess any deal has to be pretty mega and leveraged for ordinary shareholders to make decent gains?
Might be a long wait, although I assume the directors are actually working on something at the current time!
Yes, and has Melrose directors on its share register through their relationship with STRL. founders! Just waiting for the first deal to be announced!
Didn’t Melrose start this way?
This new entry to the AIM market could be one to follow, on the lookout for relatively mid-size engineering companies to improve performance. Backed by experienced managers and support from existing Melrose directors, clearly they hold current management in some esteem! This is similar to a shell company, so anything can occur, but maybe one to keep a watchful eye upon!
Chat Pages: 1
Your Recent History
Stirling I..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190119 04:53:45