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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Strix Group Plc | KETL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 1.90 | 4.03% | 49.00 | 16:35:09 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 48.95 | 48.25 | 49.00 | 49.00 | 47.10 |
| Industry Sector |
|---|
| HOUSEHOLD GOODS & HOME CONSTRUCTION |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 21/09/2023 | Interim | GBP | 0.009 | 16/11/2023 | 17/11/2023 | 29/12/2023 |
| 29/03/2023 | Final | GBP | 0.0325 | 29/06/2023 | 30/06/2023 | 11/08/2023 |
| 21/09/2022 | Interim | GBP | 0.0275 | 06/10/2022 | 07/10/2022 | 28/10/2022 |
| 30/03/2022 | Final | GBP | 0.056 | 12/05/2022 | 13/05/2022 | 10/06/2022 |
| 22/09/2021 | Interim | GBP | 0.0275 | 30/09/2021 | 01/10/2021 | 07/10/2021 |
| 24/03/2021 | Final | GBP | 0.0525 | 06/05/2021 | 07/05/2021 | 02/06/2021 |
| 23/09/2020 | Interim | GBP | 0.026 | 08/10/2020 | 09/10/2020 | 30/10/2020 |
| 18/03/2020 | Final | GBP | 0.051 | 07/05/2020 | 11/05/2020 | 03/06/2020 |
| Top Posts |
|---|
Posted at 17/12/2024 22:35 by steamer99 hxxps://www.sharesmaApologies if already posted but didn't see it had been. Interesting watch. |
Posted at 12/6/2024 09:27 by dr biotech I only really see this as a positive.Some as yet unnamed investor want to buy in at current levels - as mentioned they probably have more information than us, and have probably looked into it in more depth. Of course institutional investors are not infallible. However there were real concerns last year that the debt levels here would be overwhelming - that they had to cut the dividend and focus on cash generation tells its own story. If the threat of an emergency cash call (or worse) can be lifted then the small dilution is absolutely worth it. I've not added, but am thinking of doing so. |
Posted at 11/6/2024 18:07 by darrin1471 I take this to be a very positive move.Sentiment has been negative on KETL debt since the fire sale purchase of Billi. I have invested on the basis that I think the debt is reasonable and can be paid down over the next couple of years. The £8.7m placing accelerates that timeframe and should boost the share price sooner. I would of been adding at the opening tomorrow if I had not of spent my remaining cash already this week. Pure speculation, but I suspect our placing benefactor has been trying to build a stake since March and pushing up the price to quickly for their liking. Better to stop buying or even sell a few and keep the share price steady around 80p before approaching the board with an investment. |
Posted at 16/4/2024 21:45 by darrin1471 Mark Bartlett, Chief Executive Officer has purchased 68,385 shares at an average price of 72.75 penceFollowing this purchase, Mark Bartlett is beneficially interested in 2,745,147 Ordinary Shares representing 1.26% of the issued share capital of the Company. KETL approaching 200ma. |
Posted at 03/4/2024 10:04 by edmonda Strix Group plc - Investor Presentation & Q&A (FY23 Results) - March 2024Mark Bartlett,, CEO, and Clare Foster, CFO, of Strix Group plc (AIM: KETL) held an Investor Presentation covering their Full Year results. Management discussed the pace of recovery within Kettle Controls, the rationalisation that is ongoing within Consumer Goods, and the strong growth at Billi and Laica. They also examined their progress in paying down debt and the temporary pause in the dividend. Questions from investors were answered at the end. Link to video: |
Posted at 28/3/2024 11:50 by edmonda Strix Group - Management interview & Investor Presentation (FY23 results)Mark Bartlett, CEO, and Clare Foster, CFO, of Strix Group plc answered a series of questions following publication of FY23 results for the 12 months ended 31st December 2023. Subjects ranged from growth in kettle controls to the dividend and Billi, as well as the outlook for the company. The interview is available to see below. In a separate video, the team conducted an Investor Presentation where they discussed highlights of the period, provided a Financial review, and went into detail on performance and prospects for each of the Group's business categories. Both videos have been divided into chapters for ease of viewing: |
Posted at 27/3/2024 08:45 by dr biotech Axing the dividend is the right thing to do in the circumstances, but its always going to hit the share price Increasing the covenant to 2.75 is sensible and that should ease fears of breaking them. Results pretty much inline, no further deterioration of trading but no rapid comeback either.Nothing about Halosource, I guess that has been axed |
Posted at 08/2/2024 08:24 by masurenguy Liberum: Debt reduction at Strix improves valuation discountLiberum has reduced the valuation discount to peers that it placed on kettle component maker Strix (KETL) after stronger-than-expect Analyst Edward Maravanyika retained his ‘buy’ recommendation and target price of 100p on the stock, which was trading sideways at 66.8p on Wednesday after a full-year 2023 trading update highlighted stronger than expected net debt reduction, with the leverage multiple falling within the year-end bank covenant limit. "The kettle controls market is still trading 20% below 2021 level as the recovery of this market is now slower than previously anticipated. Consequently, the company stated that full-year profit after tax came in modestly below previous expectations." he said. With the balance sheet improved, Maravanyika reduced the valuation discount to the peer group, ‘helping to offset the impact of cutting estimates’. |
Posted at 19/12/2023 10:05 by darrin1471 21/09/2023 "The continued macro headwinds have resulted in a reduction in demand in kettle controls in the key export regulated markets of UK and Germany during H1 and a slower than anticipated recovery."I think KETL have a good idea about where their products end up. |
Posted at 21/9/2023 13:42 by kalai1 Strix Group plc posted Interims for the 6 months ended 30th June 2023 this morning. The Group reported revenue of £65.2m an increase of 28.6%, adjusted EBITDA was £15.6m a decrease of 1.9% versus the same period in prior year, adjusted PAT was £5.7m, a decrease of 50.9% versus the same period in prior year (£11.9m) mainly attributable to interest and finance fee costs due to an increase in the net debt to fund the Billi acquisition and a higher interest rates environment. Net debt increased to £93.1m (FY 2022: £87.4m) due to the strategic acquisition of Billi, this represented a net debt/adjusted EBITDA ratio of 2.66x. Valuation looks attractive with forward PE ratio at 7.2x and dividend yield nearly 7%, but share price remains in a 2-year correction and lacks positive momentum accordingly. Monitor for now......from WealthOracle |
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