Styles & Wood Share Discussion Threads

[lefrene] 20/6/2017 14:02

Graham1TY, I agree it was a positive AGM statement but it hasn't prevented the attack on the company value, so what's going on? The shareholders are always the last to know, but this has gone from great turnaround growth stock, almost into melt down. Presumably the sellers had no confidence in the AGM statement, and the previous press 'scribblers' touting values over 600p, are noticeable by their absence. A buying opportunity, or bad news in the offing?

[batham1] 20/6/2017 13:28

Looks good value now. Bought a few more, but trades not showing for some reason.

[graham1ty] 20/6/2017 13:16

Lefrene, the company does not usually put out an AGM statement, but did so ( IMHO) to steady the ship. For a reason none of us know, this has not stopped the slide. That statement is pretty up to date, just 20 days ago.

I think there must be a seller as I cannot believe the statement would not have reassured most holders

[lefrene] 20/6/2017 12:15

On the published info it's very cheap, possibly too cheap? That begs the question, why is it so cheap? What is it that many people do not know? Has a contract gone badly wrong, or have black holes been found in the accounts of the recent acquisitions? Because the price movement suggests that it's not business as usual.

[qs99] 20/6/2017 11:57

I sense there has just been a drip drip of sales and no big buyer to soak it up....recent RNS's and order book make it look oddly priced now, so happy to invest and wait DYOR

[lefrene] 20/6/2017 11:53

Plainly more selling than buying or it would be going the other way. Reasons for selling are either you need the cash for some other purpose, or you have found out something is going wrong that is going to hit the bottom line. Supposedly a company is obliged to inform the market if something affecting its finances has happened. But of course that seldom happens here because the regulators are toothless.

Since the aim here seems to be to grow into something much bigger by acquisitions, one would have thought that maintaining the stock value would be high up on the list of priorities?

[qs99] 20/6/2017 11:51

Yup looks like a good bounce IMO

[qs99] 20/6/2017 11:48

OK, in for a penny....

[qs99] 20/6/2017 11:31

yes goes against AGM and recent RNSs I agree, but someone is dumping stock IMO...

[lefrene] 20/6/2017 11:28

You never know if bad news has leaked, or that people are selling because others are selling. The value damage here recently has been such that the company should say something, and perhaps at the same time improve liquidity with a scrip issue, plus announce plans for a divi at next results.

You would almost think they are going bust rather than having recently reported good figures with positive prospects.

[qs99] 20/6/2017 10:42

Yup, timing is all on this....

[gleach23] 20/6/2017 10:38

Couldn't resist a top-up below 300p. There seems to be plenty of stock available to buy so didn't buy as many as I might have done - looking to add again around the 280p mark if possible. We know it can move sharply in both directions.

[qs99] 20/6/2017 10:33

is there a forced seller out there or something more suspicious? Looks really odd given recent statements to be off around 30%!

[graham1ty] 20/6/2017 10:31

The AGM statement failed to stop the rot. Will have to be patient

[lefrene] 16/6/2017 13:25

Again after that awful fire there will be pressure to replace these flammable claddings all over the country. Horrible as it is so close to the event, there will be a need to find businesses that can be relied upon to do the job properly, I'd say that STY could be one of those businesses?

[lefrene] 16/6/2017 10:32

Lost a third of its value since results, one's never quite sure if insiders know something that the public is not privy to. The few shares in float doesn't help, tends to exaggerate the price movement. I agree, a few director buys would help improve sentiment. So is something going wrong behind the scenes or is it just summer malaise? I note that this time last year it doubled in value despite the summer!

After that ghastly fire in London I do wonder if STY will seek any work retro fitting sprinklers, there does need to be an urgent programme so that people in those tower blocks can sleep at night.

[tallprawn] 16/6/2017 09:28

Sentiment is pretty low here at the minute. Either contract news or a few Directors buys wouldn't go amiss to turn this ship around.

[lefrene] 09/6/2017 15:48

I'd say a 30% slump from April is on the big side Moneybags, especially given the decent results and apparent good prospects. The teenage scribblers were telling us it should be circa 650p not very long ago, it does seem very cheap if the figures of £136m turnover at circa gross 12% come true. Mention of a small maiden divi would work wonders.

[moneybags] 09/6/2017 15:23

The whole small cap market is edgy this week lefrene
Huge swings in some stocks

[lefrene] 09/6/2017 10:03

Either this is a bargain or there is something the company is not telling us?

[moneybags] 08/6/2017 12:11

One of my sons just picked up 4500 shares at 3.39

[lefrene] 06/6/2017 13:59

MM's having a larf before the election? Or something more sinister?

[lefrene] 02/6/2017 12:07

Improved contract announcements would seem to be the only thing to change sentiment here. The price movement does seem strange given the positive AGM, the company seemed cheap at 400p, it seems even cheaper now. £136 million order book at circa 80% strike rate gives £109 million, say 10% profit margin, gives a gross of £10.9 million, throw away £400k on the Dubai hobby and you have £10.5million gross, and yet today the company is valued at £31 million. Just a glitch, or is there something hidden that is not widely known?

[gleach23] 02/6/2017 11:25

I could have taken profits on my recent trade but decided to sit it out. I'm happy with getting in just about the £3 mark and see good support on the chart at that level, particularly in light of the AGM statement. Can't expect it to go straight back to £5 and little pullbacks are often quite healthy so let's see where we go from here.

[graham1ty] 02/6/2017 10:55

Very disappointing reaction to the AGM statement. Well, we will just have to wait for them to come up with the goods at the interims. There have been forecast increases so far this year. Pray for another one !