Strix Share Discussion Threads

[edmonda] 18/9/2019 07:06

Latest note from Equity Development can be read here:

[nquaile875] 17/9/2019 16:58

Hopefully good, need a bit of a boost!

[leewain] 17/9/2019 16:32

Interims tomorrow

[ulvers] 28/8/2019 07:53

Interesting, surprised no one haas posted it? Strix is recommended as a stock to hold forever by Morningstar article!
hxxp://www.morningstar.co.uk/uk/news/195013/5-stocks-you-can-hold-forever.aspx?ut=1
(change x's to t's)

GLA

[ugandalad] 30/7/2019 14:33

Yes interesting article with “conservative” price expectation of 200p against brokers 220/240p

[trident5] 30/7/2019 14:32

Is that a good thing?

[edmonda] 30/7/2019 14:08

Simon Thompson @ Investors Chronicle reiterates his 'buy' stance today

[epo001] 29/7/2019 13:11

Nice to see the walking dead from the Mail reacting to a newspaper tip.

[srichardson8] 29/7/2019 11:54

Thanks TM. Like you (I suspect) I am happy to have this one gently simmering. I expect solid rather than stellar results on Sept 18th. Returns here are above average and valuations. I continue believe, modest.

[thorpematt] 28/7/2019 00:14

Same article: -

[trident5] 18/7/2019 17:26

Thanks for the ED article.

That said, there's barely an insight in it. All the information is available from Strix and most of it from today's update.

And the forecasts seem to assume 2% growth and 3 or 4% for inflation - just what you'd do if you didn't want to stick your neck out or upset your client.

[thorpematt] 18/7/2019 16:52

yes, thanks for posting, interesting read.

On the TS the Aqua performance is a bit of a concern but I think c10% of last year's revenues? (any confirmation or views would be welcome)

I found this interesting review article on water coolers:



Interestingly those ranked above the Aqua optima seemed to be far less well received by actual Amazon purchaser of the product.

One key observation for me regarding 2019 thus far is that the weather up until very recently has been rathe poor and quite cold. So that 7% drop in the market I suspect is heavily linked to the weather (not mentioned in the TS). I would hazard guess that searches for water coolers, filters and the like may well have seen a rise with the improvemnt in temperatures.

[nquaile875] 18/7/2019 15:44

Thanks for the link edmonda

[edmonda] 18/7/2019 11:47

strong trading update and still trading at undemanding multiples of 11x PER, 9.8x EV/EBITDA, and 5% yield. Overhang from big institutional sell down is now clear, so we expect to see good momentum return from these levels. Read full note:

[masurenguy] 18/7/2019 07:11

Solid H1 update and a proposed 10% increase in the dividend !

"The Board confirms that it expects to report results in line with market expectations for the financial year. The Group expects to report growth in Adjusted Profit after Tax and a good net debt position given the cash committed to the new manufacturing facility, the acquisition in March 2019 and the increased dividend to shareholders. The Board re-confirms its intention to pay total dividends of 7.7p per share in respect of the 2019 financial year, an increase of 10% on the previous year. The Group will be announcing its interim results for the six month period ended 30 June 2019 on Wednesday 18 September 2019."

[evianone] 28/6/2019 11:12

mr woodford selling today!

[discodave4] 06/6/2019 12:33

Last holdings RNS he went below 5% threshold so don't know what it is, could have already sold up?.

[scooper72] 06/6/2019 10:53

So time to get out now and then come back in when he sells or best to just sit tight? I guess that's the decision of whether to be a trader or an investor.

[riverman77] 06/6/2019 10:49

Yes but the Income Focus fund will be seeing massive redemptions and I suspect will end up being suspended/liquidated as well.

[ugandalad] 06/6/2019 10:43

Last I saw was end April 2019 Woodford Income Focus Fund had 1.79% of their Fund investmd in Strix. This is not the Income Fund that is i trouble as it is a closed end Fund as is his Patient Capital Fund.

[trident5] 06/6/2019 10:12

DD - didn't know he was in here - do you know how big his stake is - might provide a buying opportunity if he does offload

Just looked it up - biggest shareholder: 16.9m shares or 8.9% at the last set of accounts.

[discodave4] 06/6/2019 09:24

Wonder if Woodford has, or is, going to offload these.

[masurenguy] 23/5/2019 07:13

23 May 2019
Strix Group Plc

AGM Statement

At today's AGM of Strix Group Plc, the AIM quoted global leader in the design, manufacture and supply of kettle safety controls and other complementary water temperature management components, Gary Lamb, Chairman, will make the following statement: "The Company is pleased to announce it has signed a land purchase agreement with the Zengcheng Government and expects to start construction of the new factory at the end of Q3 this year as scheduled. I am also pleased to report that the Company continues to trade in line with market expectations for the year ending 31 December 2019."

[texaspete2] 09/5/2019 11:44

Ex dividend day today