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Only a handful of trades so far today. Very boring.
expect to see a lot buying in tjhis soon as aim has a lot of junk in it.
yes they are show casing the latest multi sensor range in exeter 20th april to the 23rd of april 2016.
looking. on sprue website they have been showing the latest sona range in exeter trade show .expect this latest tech will propel orders this year. and next.
If so, should see us motoring tomorrow then ;-)
could have been a sell over the last couple off days just been cleared ,why shareprice not moving gla
Someone's confident tho. £230k buy at midday today... Just been posted as a late trade.
Can't see the justification for golding back on a divi when there is so much cash sitting doing nothing. BOD would need a convincing plan for the cash to convince the large shareholders imo
would expect major share holder to put pressure on to pay dividend considering no debt and. large amount of cash
I'm not so sure that a dividend will be announced at the results, given the current problems. However, £22 million cash at hand, no debt and that they make a product that more and more homes will buy in the future, makes me feel this stock is a steal at this price. Bought my holding on Monday's big fall and hope that the market will see the long term potential in this company. 160p - 180p is a truer current valuation in my view.
flat day funds to buy more friday so hoping it stays flat
Interesting to see so many 10k trades today. Someone building a stake?
You're unlikely to see an offer taken seriously by management - a significant portion of the shares are held outside of public hands (37%). when there was a takeover approach before the company gathered in excess of 52% to vote against before the EGM, and I'm sure thy could do so again. Noting that the company has traded in execs of 300p in the past year, i doubt the directors et al would see an offer of around £2.30 as a favorable bid. It would be more reasonable for a prospective buyer to purchase as many shares as possible at these subdued levels, then come in with an offer of 300p for the remainder of the shares. But would that happen...probably not as it would value the company at over £150m on the back of 1.9m projected profits for 2016. I was one of the ones who bought on Monday. I see it as a win win situation - if it drops further I reap the dividend of 6.1% - assuming a 6p final dividend - until a recovery, or I ride up on a rebound. Hell if the divi is less than 6p and the share tanks I have held back some cash to top up at lower levels.
Good op for more diversified company to make a bid now as this company is likely to pick up more customers in europe as other countries fire laws will change sooner due to tighter insurance protection .uk france most states in germany others should follow.market is huge spain italy etc fire laws are out dated a new european law would solve this so it would be law in all eu. countries.protecting property and many lives
How many people actually complain about a product after a few years .probably they would have lost the receipt or are to busy to bother when most of the time takes couple of minutes to change a battery on some models gives added peace of mind to know battery has been replaced for sure.
yes at least they admit a battery problem but how many other companies do not .As said the alarms i have not a sprue brand chirp after 12 months to 24 months so not unique imo.in fact this should instill more confidence in the brands going forward concensus that sona is the best brand to buy which comes from sprue marketing umbrella .
Read some where recently that directors are down 4m and 3m pounds each and with share options coming their way in 2018 which i believe is linked to share performance over a 3 year period. Thinking this is a temporary blip and they will now work harder to. max potential maybe by suitable aquisition. after all the cash pile has to go some where plenty of ops to grow further
Hi Hinkais, Thank you for your reply. I keep reading people's comment on online news. They keep saying putting better quality batter solves the problem. I hope company will announce something good very soon. (Fingers and toes crossed)
you can get the latest news rns on trustnet.as soon as company release news it will be on there..as for losing money and would be patient as this is a quality company with new products coming online soon.The battery situation is very small problem .and not safety critical..The money set aside may be well over estimated and is there as a safety net imo.Gverman re orders should benefit sprue as alarms have to be replaced every 10 years in force 2016.
I am actually under pressure. I bought 800 shares. I am already loosing £85 :) Of course this is a risk I am taking either you lose or win. Would anyone tell me where we can get the first news about this company? I also would like to say thank you to everyone who writes their thoughts here.
looking at the trades.says to me many more buys than sell atc some point buying pressure will force the price up.must say these chances to buy are a gift.
will be looking to cash in some other holdings friday .get a bigger slice here i think.This is flat lining a little but gives ops for top ups
Could be. But cash in bank makes up over half the mkt value so not a lot of wriggle room for the shorters. Not that will stop them of course. My money is on this flat lining to the weekend as most have taken positions ahead of results next week, waiting to see if the divi is as good as last year and/or if there is a special divi on the cards. Anyway. BID is up, on no activity... GLA
or shorters
Have you got access to live prices? The 117.5 may have been a stop loss triggered? Just seems a massive drop from 120 without any sales pressure...