Strix Share Discussion Threads

[dr biotech] 12/11/2020 09:39

Double digit growth will be in their new areas - new products and their water treatment. I think it will be struggle to hit the figures that they have suggested, but the kettle controls should be a stable market anyway to limit any downside.

I'll continue to hold - looking at 2-3 years on this one.

[egrid1] 12/11/2020 09:18

Andy Harrison, Research Director, Zeus Capital, interviewed on the prospects of Strix.



"I would argue that if they are successful in executing as planned we should see quicker earnings growth and a rerating in the P/E multiple"

[igbertsponk] 05/11/2020 17:45

Fair enough though, they've done well for the company:

"first sale of any shares in the Company prior to and since Strix Group Plc was admitted to AIM in 2017 and the purpose of the sale is to provide liquidity in order to fund a property purchase on the Isle of Man, where the Company is headquartered."

[texas_caddy] 05/11/2020 17:38

Timing of that director sale unfortunate, shall we say.

[trident5] 05/11/2020 17:29

Big director sale hard on the heels of their capital markets puff.

[alter ego] 03/11/2020 14:25

Encouraging trading update today for virtual capital markets presentation.

[b dazzler] 04/10/2020 21:26

Update from mail's midas team:

[rainbow unicorn] 30/9/2020 11:06

618 979 trade just went through at 242p - a buy or other ?

[trident5] 23/9/2020 21:10

Great question TMatt

[thorpematt] 23/9/2020 20:24

Well yes an interview of sorts is of course better than not bothering at all. I wouldn't like to discourage the BoD from engaing with investors especially where they do so in a PI friendly way.


Results look Ok. I am focusing on recent trading and outlook more than H1 2020 which were obviously disrupted (although profitability wise very tidy given the circumstances).

Factory on track and divi safe so good news for holders there I think.

I am tempted to ask the question (since no-one else has beat me to it)

What do you think of the deal? (insert italian accent) You Laica the deal? You no laica the deal?

My view is that the price is reasonable but as ever, growth profile has to considered into any EV/ EBITDA calulation. In this instance i believe that it will be STRIX which aids Laica brands to grow and that therefore we could see that growth rate as fairly siginificant given the additional reach that the Strix network has over the present Laica one.

I think their products are surprisingly varied. I'd guess the water filtration is the significant bit for management?

Italian legal system not the quickest. Hopefully this gets tied down on schedule. I note CEO is to stay on for some time. This looks useful given that it has such a low employee count (which rather infers that the CEO is somewhat key).

One final thing. I think with the uncertainties in global trade these days. One foot in the IoM, one foot in China, and hand in the EU are all useful diversifications.

[sharw] 23/9/2020 17:58

fwiw (not a lot as he reads a script saying little new) this is the link:

[harris tweed] 23/9/2020 16:02

Yes trident, that's what I discovered when I finally got round to listening to it. Wish I hadn't bothered struggling to paste the link now.

However the new acquisition does appear to be a good fit with Strix.

[energeticbacker] 23/9/2020 15:59

Featured in today's Investor's Champion update: While Strix appears to stretch its debt, cash flow appears supportive and period end net debt only equated to 1.08 times trailing twelve months' EBITDA, will within covenants of 2.50 times.

[trident5] 23/9/2020 15:55

It's not a real interview though - he's just reading from a script. Very stilted and full of BS management speak.

[alter ego] 23/9/2020 13:48

try this instead
www.directorstalk.net/strix-group-seeks-to-enhance-its-position-with-conditional-acquisition-of-laica-interview/

[alter ego] 23/9/2020 13:46

ADVFN do not like us using other sites so corrupt links by altering the http bit. Simply enter it in capital letters or use the shorter www. version.

[egrid1] 23/9/2020 13:28

Seems that ADVFN may have update to prevent the link, as I cannot get it to link properly either.

[harris tweed] 23/9/2020 13:21

Thanks FarnesBarnes for that help...but it still won't display even with the tt's replaced with TT's. Anyway, I expect anyone interested can find the interview.

[farnesbarnes] 23/9/2020 13:14

Hi Mr Tweed

If you paste https into advfn, the lower case t's become x's.

If you change the lower case t's to capital T's, the link works.

[harris tweed] 23/9/2020 13:04

(I'll try again - replace the first part of the link with https) Interview with Strix CEO here:
hxxxx://www.directorstalk.net/strix-group-seeks-to-enhance-its-position-with-conditional-acquisition-of-laica-interview/

[harris tweed] 23/9/2020 13:01

Interview with Strix CEO here:
[...]

[alter ego] 22/9/2020 10:08

barrytrader82 = spam

[mr hangman] 22/9/2020 09:42

Come 8am tomorrow, all the guys who have topped up could look very wise