Synthomer Share Discussion Threads

[napoleon 14th] 13/11/2024 16:06

I'm OUT!
Had enough, no bounce at all.
At least I gave Zotefoams a miss....

[lawson27] 31/10/2024 10:52

up 7%, gonna bounce nicely you donkey! GLA

[blackhorse23] 31/10/2024 08:24

Hidden all numbers, I guess numbers are no good

[chester9] 31/10/2024 08:00

It said revenues slightly up but as H1 up 0.4 they must be flat. H2 last year was softer so not great. Not turned around yet

[blackhorse23] 31/10/2024 07:40

Dodgy trading update

[queenbreguet] 31/10/2024 07:35

Um not a particulary exciting update. Will still wait for sub 150 to even think about buying back in.

[queenbreguet] 29/10/2024 12:34

Waiting for sub 150 to buy back in

[blackhorse23] 23/10/2024 20:37

Entry point below 80p , overvalued stock, mounting debt each year, revenue negative

[lawson27] 22/10/2024 08:48

Looks like a good re entry point here @180, bot's all over it, GLA

[100egs] 14/10/2024 06:25

*UBS CUTS SYNTHOMER PRICE TARGET TO 205 (300) PENCE - 'NEUTRAL'

[eigthwonder] 10/10/2024 12:19

The FD is a bad luck charm. buyers beware

[edmate] 10/10/2024 11:34

its tanking

[erbullion] 10/10/2024 07:39

Every day goes down

[pottsypotts] 08/10/2024 12:09

Bloody hope so

[simmsc] 08/10/2024 08:20

May find support here soon.

[napoleon 14th] 05/10/2024 16:40

Price reatcion turned out to be a damp fart, simmsc.

[simmsc] 19/9/2024 19:56

Greater Manchester Fund increases to (or buys) a 6% stake here.
It has been recovering for a while ...
Lets see price action after this purchase request has been filled

[napoleon 14th] 14/8/2024 16:11

Stockopedia on SYNT, 130824

Paul’s opinion - I think this is still quite a big mess. Bulls must be hoping to see a dramatic improvement in future profitability, which is needed to reduce debt down to more normal levels.

To me, risk:reward seems poor right now, with a mountain of debt to service, let alone repay.

Cashflow looks very poor in H1, and wasn’t great last year either, with the only significant cash inflows coming from disposals, and the £266m equity fundraise last year. I reckon that probably won’t be the last equity raise.

Remember I’m only analysing the basic numbers, not trying to predict how the business will perform in future. If you think there’s a spectacular turnaround opportunity here, then it might be worth taking on all the risk. Each 1% rise in profit margin is £20m extra profit - not bad if they can raise margins in an economic recovery.

For me, it has to be AMBER/RED again, to flag that this is still an overly-indebted business, and it’s not trading very well either, with no particular upside yet apparent in the outlook comments either. Shareholders have to hope that changes for the better.

Maybe I've missed something, as the StockRanks are mildly positive on this share -

[bigbigdave] 14/8/2024 07:17

*BERENBERG CUTS SYNTHOMER PRICE TARGET TO 340 (375) PENCE - 'BUY'

[eigthwonder] 13/8/2024 08:00

Sound results all things considered. At the finals i thought they thought they may have an upgrade up their sleeves this time. That hasn't come to pass, but there is no downgrade and with the balance sheet as it is positive cash flow will have a big effect on market cap. Also, I had missed this, but the new Chairman announced in July looks a strong appointment with a long record of taking on and improving businesses.

[edmate] 13/8/2024 07:23

Market reacts well

[cestnous] 13/8/2024 07:08

Signs of progress butstill struggling will hold on for now

[edmate] 30/7/2024 14:54

Thanks drg.. so this means we probably won't get a post close like they did last July?

[edmate] 30/7/2024 14:32

Where did you see this cest?