Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
02 Feb 2015 Severfield-Rowen PLC SFR Canaccord Genuity Buy 67.38 67.75 80.00 80.00 Reiterates SP TARGET 80p
The earnings figures shown on the share price page. The negative earnings figure shown on the share price page here does not tally with the similar but positive figure shown in the recent last results RNS.
sells in last days indicating profit taking with no enthusiasm to continue holding. Some buys too. Indicates that there could be opportunities to buy or add cheaper at some point. With the political uncertainties next year and the global uncertainties generally that is possible. I hold 500 on a win or lose basis leaving room to add and hoping to see this stock double or treble over a year or two. This is with a likelihood of order book and profits strengthening and if oil prices stay reasonable below 80 dollars that will help.
Six new contracts one with Carillon . At 66p this is not a punt it's an investment -not without risk but but bearing in mind it's held on through bad times things are sure looking up. Also with India looking better that venture looks like turning positive too rather than being a burden
Wrong board
12p
Although not Severfield specification Fixings would have been purchased by Severfield with their financial position on the project (approx 23 million pounds loss) in mind they would have come from China maybe in a container with the christmas lights and the 99 pound garden furniture packs.LOL.And I am sure that Severfield will be back there trying to sort this problem out now.The Leadenhall broke records recently for office rents in the city £85 a square ft,after this I am guessing we might be having a christmas sale!! I am feeling you fellow posters are not investors here as you are not rolling in your dividends payments unless your waiting for tuesday November 25th for the 6 monthly results,being a tuesday you might be better off doing the euromillions lol, just saying
FYI. Fixings not Severfield specification. Just Saying :)
products liability Insurance will usually only pay up to 2m (if anything is paid) I see this as a drop in the ocean compared to actual cost if all bolts are to be changed also I do not think insurance companies cover reputations which with them embarrassing big clients with this I'm sure this is to have a knock on effect with any work procurement. with the price point all I am saying is that maybe its time to sell this stock than to hedge.LOL
All of you must be looking to off load this stock now it must be 24 hrs off being blamed for the Leadenhall building falling apart, up to now the client and main contractor has took the brunt of the bad press for the falling bolts and as Severfield supplied and fitted these surely its there turn for the blame and rightly so.financially they may survive but there reputation will be in tatters so I can not see any other call than a strong sel at this timel.
I am glad to see you have a small position and hedge protection as I think the new people at the helm will reward themselves big straight away with little profits then there will be angry shareholders with no dividends.I would be very careful with this thats all I am saying as I see a shareholder revolt coming and no more bail outs from rights issues as before likely.
Yes i see your point . but i would not put in 50K at 62,5p if i new my company was getting heading down even further. As smallcap has to work to regs , anyway only have a small position as a selected potenial recovery play . W are practically rock bottom and only just showing signs of rebuilding. I await results before making a decision, with alittle hedge protection for downside as possible
looking at the the rebranding this is only because the group is getting smaller and on june 3rd the figures for year end to be announced which will show a profit (because directors want there huge bonus) I think this will tell you if the people in the top positions are being paid accordingly or getting what they can before they are not the market leader anymore and people start asking why large salaries are being paid for little profit and NO DIVIDEND being paid.I have information from a good source that most of there good men have left or trying to leave which makes me believe that this will be a buy short term but a sell once the NOT SO HUGE PROFITS ARE ANNOUNCED IN JUNE.
watch this space
steady clime of three weeks
trade...sell I think..?...........
trades/swaps?................
Thanks for the reply, very useful I will keep an eye on this share but maybe not jump in just yet. However I can't help feeling that the govt. must start spending on infrastructure soon, and surely that would help bby and sfr, or am I way out of court on this? The IMF have had some stern words, will this make a difference, or is George "not for turning" Best of luck.
Final results for period ending 31st Mar 2013 due out on 4 June,
i have to be honest i know nothing about this share. i follow the charts more. You will notice that it is starting to climb from its lows of 36 since falling from an sp of £1.76 last may. The trading volume is high plus there have been some big buys today. Therefore i have had a small punt. It seems to me these days from my own experience share price movement is driven more by the market makers decisions rather than share news. It seems here that they want to start moving this up so this gives an indication to me that news is on its way. good luck if you decide to get in here
I'm new to this bb and know nothing about sfr, but noticed the healthy jump today. Can any one tell me why? Much appreciated.
@ CoolHandLuke...Thanks for that, much appreciated :)
ups1de...still plenty of selling of rights shares 2 come??
You will be offered 4666 shares at 23p. The offer is 7 new shares for every 3 you hold. Wait until you are contacted by your broker or by post if you hold the certificates yourself.
Still looks a tad high but 35p looks seductive.Any views?