Share Name Share Symbol Market Type Share ISIN Share Description
Strix Group Plc LSE:KETL London Ordinary Share IM00BF0FMG91 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 233.50 65,646 11:18:11
Bid Price Offer Price High Price Low Price Open Price
233.50 234.00 240.00 233.50 240.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 96.88 22.88 11.30 20.7 444
Last Trade Time Trade Type Trade Size Trade Price Currency
11:32:00 AT 117 233.50 GBX

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Date Time Title Posts
23/9/202021:10*** Strix ***473
31/5/201811:04Interview with Strix Group-
23/4/201816:00Strix Group PLC Interview with CEO & Zeus Capital1

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Strix Daily Update: Strix Group Plc is listed in the Household Goods & Home Construction sector of the London Stock Exchange with ticker KETL. The last closing price for Strix was 233.50p.
Strix Group Plc has a 4 week average price of 218p and a 12 week average price of 178.20p.
The 1 year high share price is 260p while the 1 year low share price is currently 110.80p.
There are currently 190,000,000 shares in issue and the average daily traded volume is 398,856 shares. The market capitalisation of Strix Group Plc is £443,650,000.
edmonda: And in response to the queries, we are paid by the company, all of which you'll find covered in our disclaimer. We would never claim to be independent, but we do try to remain objective. If you care to look back though other client companies, we have on occasions had a fair value below the current share price. We aim to offer insight and a helping hand in providing forecasts. It should be taken in the mix and remember, always DYOR.
trident5: Buyers and sellers more or less matched. More buying the selling - the share price goes up. More selling than buying - share price goes down. You see this quite a lot in stock markets.
dgduncan: This does not look like a shorters target but anyone who dislikes the share price being manipulated by shorters selling shares they borrow and actively de-ramping the share to drive it lower can sign the petition (please). Share price should be based on the value of the company and dictated by the proper buyers and sellers. hTTps://
masurenguy: Another legal victory in China to protect patents. These are important developments to sustain future sales and profits. RNS Number : 1662K Strix Group PLC 12 December 2018 Further Successful Patent and IP Protection Strix Group Plc (AIM: KETL), the AIM listed global leader in the design, manufacture and supply of kettle safety controls and other complementary water temperature management components, is pleased to provide an update on its intellectual property protection initiatives. Building on successes announced earlier in the year whereby Strix was able to both enforce its patent rights and, where they have expired, utilise other legal redress such as copyright to take legal action against those that seek to copy its products, Strix is pleased to report the following recent developments:
masurenguy: Cheers Hastings. I first took a look at Strix at the end of November when the shareprice was circa 140p but passed due to the high level of debt. However their results in March and the recent successful IP legal action in China brought it back onto my radar and a further prompt induced me to take a modest, initial position @155.2p yesterday. Nice article in The Cambridge News - hope you don't mind but I've pasted a summary below, from the above link, of your comments on the forward broker projections for quick and easy future reference. "Looking ahead to the year in progress sees expectations from broker Zeus for pre-tax profits of £29.1m rising to £31.6m next year, providing for EPS of 12.6p in the latter, which puts the stock on a forward PER just south of 12. Although Strix is a mature business and arguably does not fall into a classic growth play that has come to market, equally, it does have attractions for earnings appreciation in the coming years and the rating may not not prove to be expensive, particularly as a muted total yearly dividend of 7p provides for a decent yield. Admittedly there is at present a hefty chunk of debt circa £45m on the balance sheet which will arguably flag up as red for some watchers. This is as a result of the fund that brought it to market having exited with their rewards although it is forecast to reduce markedly in the coming years, as the company continues to demonstrate what appears to be an impressive ability to generate cash. Strong cash generation and profitability backed up by a progressive dividend policy are the immediate attractions though, whilst the Isle Of Man based company also enjoys what is a very favourable regime on corporation tax. Those sitting on the sidelines watching may prefer to see firm evidence of the debt reducing to more palatable levels, although, such a delivery as anticipated would go some way to driving further support for the share price."
martinthebrave: Graham Neary analysis today on Stockopedia. Pretty positive. Strix (LON:KETL) •Share price: 128p (-1%) •No. of shares: 190 million •Market cap: £243 million Preliminary Results This is still a fairly recent float (August 2017). It develops and produces commonly used safety controls in kettles, for which it owns the patents. HQ is on the Isle of Man, and manufacturing takes place in China. It's numbers are in the billions. Today it reports that it sold its two billionth product late last year. Previously, it reported that its products were being used around the world over a billion times each day. Its valuation has seemed pretty reasonable and I've been kept back from buying the shares only because 1) it has a modest debt load (probably no big deal); 2) the expectation that something will "go wrong" as it sometimes does for recent flotations; and 3) not yet having an annual report for it, as a publicly listed company. The third of these worries will soon be out of the way, as we now have preliminary results. And apart from those concerns, the business model is hard to fault. The main ongoing risk is that copycats, particularly from China, take a bite out of its 38% market share. Today's numbers are in line with expectations. Revenue increased by nearly 3% and gross margin was up 120 bps to 40.7%. Market share in "regulated" markets, i.e. those markets which protect intellectual property in the way that a western country might do, is flat at 61%. In the "less regulated" markets, market share grew to 19%. In both segments, the overall size of each market is growing and this growth is particularly strong in the less regulated markets, which increased by c. 12% (Strix grew by 16%). The company does not appear to be resting on its laurels, either. A new range of controls was launched last year, which will therefore be included within a wide spread of new appliances this year. A table illustrating Strix's controls can be seen here (external link). Dividend - final divi declared. 2.9p is being paid for the first five months since flotation, and brokers have apparently penciled in 7p for next year. Balance sheet - net debt is now at £46 million. The financial review says this is set to decline during 2018. My opinion As you might have guessed, I'm increasingly warm towards this share. Stockopedia also reckons its above-average, giving it a StockRank of 73. Having said that, I'm not sure I agree with the price to book value calculations above. The company has been reorganised, so the stats might need be updated with these latest figures. One of the advantages of looking at newly-listed companies is that there can be a delay before the computers figure out exactly what is going on! I'm tempted to buy a small, starter position in this to get my feet wet, as I build my familiarity with its operations.
Strix share price data is direct from the London Stock Exchange
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