The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
More journalistic interpretation? http://www.printweek.com/print-week/news/1160557/clays-in-consultation-over-job-cuts
im up 1000£ on my new investment(s).....if id stayed here id be another 200-500 down - so im happy. I know the others are safeish.....ACA and DOM and a lot less risky than Siv......but as i said - ill keep looking in. Good luck all holders ;)
I did top up....but was expecting a tick up......not further down. Probably the best decision - as now the share price can move up - as it inevitably will. But At a 7K loss - enough was enough. wait and see. Id rather put it into a more stable stock that has a chance of getting me something back than possiblt losing another 5 10 or20 K.....I hope it all goes well....My trades 19 k ish and 14k ish are not even showing up. Price dropped to 50.5 and i panicked - now its back up a bit - but i have to not have too many eggs in a basket - plus if a recession is coming then Siv looks vulnerable. If it starts moving up on good news i'll come and re look at investing. But goodluck to all holders.
Lost 30% on 34K shares . so sold my holdings - RNS states as a going concern? Cant handle the worry. Good luck all ill check back and see how its going.....Been in since 80 and 70p - now 50.......
It's a journalistic interpretation trying to read between the lines ! Not very accurate imo ! Siv has invested millions in digital tech for the book business doesn't seem like a ploy to sell it off !!
http://www.printweek.com/print-week/news/1160539/struggling-st-ives-could-sell-off-all-its-print-ops re=arrage this well know saying.... with a barge pole would I not touch these. All IMO DYOR etc etc.
I did read the results, that's where I got the fact they slashed the dividend from... You telling me that's not in there? Tosh indeed.
utter tosh. - i suggest you go and reread the results.
Well it should do... The fact it slashed its dividend despite a YoY increase in cash flow tells you all you know about what direction the management see the order book heading this year (south).
Could someone please post a link to the RNS and the results? Can't seem to locate that online. Thanks.
will go negative today;(
After re-reading the results, although bad... nothing there that was not expected, this board tends not to try to sugar coat or hide stuff, and to that I think we will see a steady increase in the SP over coming months with news reflecting the changes to come...I remain hopeful that the board will turn this around....
Yep Although impressive cash flow! £6m added giving £18m cash
I don't think there are any surprises here. Pretty ugly but only in keeping with the reality of trading updates. The question now is will the market give credit to the company for taking the decisive action to deal with the legacy business and if so, whether, albeit with a reduced yield, this will be the start of a turnaround story. If the market believes it is, then there is scope for the market to recognise the current price is way too low. On the other hand, it may want to wait for some evidence of success before giving the management the benefit of the doubt. We have been here before with them! I wonder whether a predator could manage the turnaround more effectively off market. Interesting few months ahead.
Dividend is key and remains but as expected a much reduced level reflecting current share price . Still encourages investment and is an excellent opportunity to purchase now for a progressive increase over the coming years . Disagree on any sale of book division until the investments made over the past few years establish themselves more within the group . Brave move not chasing high volume low margin book contracts but sad for those that will inevitably lose their jobs to offset the loss of contract . With a broader open mind it's a very interesting investment opportunity . Regards
A slightly more than 1% dividend isn't going to get too many people excited. Good to see the debt reduction though. All signs point towards a slow but steady recovery in the share price.
Wow, sales down divi down Loss of £28m. couldn't be much worse.
Got it!
No sign of RNS. Anyone know what time it is due for release?
I suspect forward guidance will be the key along with divi.....and we may see a sale of the print side at some point...
Key to today is one thing and one thing only .....the dividend !!! This company is all about the yield for the II . If the dividend remains but at a reduced rate then this will be the trigger for a significant change in share price . Previous I indications suggest that it will and I expect it to be around the 4p mark which equates to an excellent yield at this entry price . Open eyes and ears all Regards
Certainly not expecting fantastic results....but as the SP suggests niether is the market, I certainly think we could get a tick up even with bad results, and I have found in the past that the board tend to over do bad news only to RNS not so bad news...we shall see GLA...
5000 at 51.75.....here hoping for tomorrow - ive 33000 shares riding on it!
I do as well. I hope they do as i now hold around 29000 shares if it drops another 20 p thats going to hurt. Hopefully it will be good news or at least stable news so the share price can recover - im in no hurry - 66k sells to 260k buys is good for a change - and the MMs have edged it up a bit and the spread is very narrow - so we shall see . good luck for tomorrow;)
I think the sell in has been overdone. On a market cap of £74m, and revenues of £367m- this looks cheap. Tomorrow's results will tell. I'm holding. Expect these to bounce back from these levels.