Stm Share Discussion Threads

[smithie6] 30/11/2020 14:35

"EBITDA of £3.6 million" for 2020

& step increase in 2021

£4.2 million

£4.6 ?

£5 ?

versus a cap. value of 18 million !
looks too cheap to me

shame they didn't define what "step increase" means in actual numbers, 20% 30%, 50% ??

(although the word step infers/means notable/sizeable)

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& a further step increase in profit expected in 2022 as the increased use of IT reduces costs, & additional savings from integrating aquisitions

& 'cause the spend on IT development will reduce
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its as exciting as watching paint dry but from an investing viewpoint its good stuff imo

& if you want exciting try sky diving or something & not investing !

[scepticalinvestor] 30/11/2020 14:26

He probably sold out on Friday in the 20's lol

[spooky] 30/11/2020 14:15

Strange out of the blue post chrisdgb. Would you like to explain why?

[smithie6] 30/11/2020 14:13

"Notwithstanding the more prudent approach taken, we are confident in a step-change in profit growth for 2021, ...."

:-)

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looks good to me

[scepticalinvestor] 30/11/2020 14:07

Nah it's a solid update - I will be surprised if we are not back to the 40's soon. Once I have more cash available I will be buying.SI

[chrisdgb] 30/11/2020 13:31

Surprised this is not down..........

[smithie6] 30/11/2020 11:10

trades flooding thru !! :-0

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well, only 1 so far over a period of 3 hours !
& after a +ve RNS

[scepticalinvestor] 30/11/2020 08:01

Please with that

[smithie6] 30/11/2020 07:59

..."...STM has a stable business model and a strong balance sheet so these short-term challenges, while unwelcome, require that we adjust our timescale not our ambition."

that's quite good stuff as well

[smithie6] 30/11/2020 07:30

"Notwithstanding the more prudent approach taken, we are confident in a step-change in profit growth for 2021, ...."

:-)

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the rest of the RNS, I struggled a bit to grasp what each piece of info really means for the shares from my viewpoint....phps the RNS is a bit more targetted at the insti shareholders who can understand the significance to the business a bit better than me.

[smithie6] 28/11/2020 14:23

Eastmount Capital bought 1.7% between 4th & 10th Nov. to hold 4.7%

(about £860 k invested, real confidence/commitment)

& declared holding >3.00% on 4th Nov. for the first time

excellent timing !
they must be happy bunnies after the 7% rise on Friday !

(me too !)

[scepticalinvestor] 27/11/2020 15:08

at last a bit of volume

[scepticalinvestor] 27/11/2020 12:42

yes fair point.

[lundun42] 26/11/2020 23:15

Bear in mind that there was a "Trading Update" last month so unless they've got something of significance to announce why would there be another one?

[scepticalinvestor] 26/11/2020 08:52

Must be an update tomorrow?

[cwa1] 26/11/2020 08:35

As predicted by SI above, the dividend has finally arrived

[scepticalinvestor] 24/11/2020 16:59

maybe Thursday?

[cwa1] 24/11/2020 11:17

Still waiting, same as last time

[smithie6] 24/11/2020 11:12

I received my divi as well
:-)

[arthur_lame_stocks] 23/11/2020 12:52

I got my dividend about a week ago.

[cwa1] 23/11/2020 11:43

Still waiting for the dividend, same as last time. They are the ONLY stock that iDealing doesn't post on the day it is due. I wonder what STM do that's different from everyone else, deliver it in one penny pieces?

[scepticalinvestor] 23/11/2020 08:23

Yes - agree. I reckon update tomorrow.

[smithie6] 20/11/2020 14:45

at some time we might/should get another acquisition reported at some time

they borrowed cash to do acquisitions, & have >60-70% of that cash still left to use

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got divi recently, nice.

[smithie6] 20/11/2020 14:43

are you sure

no results due till springtime I think

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risk of falling from 30p is hopefully/surely small, with the support from cash per share & recurring turnover