We would love to hear your thoughts about our site and services, please take our survey 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.
This could represent my first ever triple purchase of a stock on the way up.
DYOR
The Group is also currently working with several major contractors on significant commercial and infrastructure projects.
Seems to me that the II's got a bargain in this at circa 80p, nothing here to suggest that SRC is on its way to continued growth, I wonder if there is an even bigger acquisition in the 2nd half of 2022, with Goldman on board raising money shouldn't be a problem, I also think that raising cash through a placing will be coming to fund the next stage ( hope us small investors are included).
DYOR , this will be £1 by Jan and continue from there.
Below 80p ! Obviously
Buyers returning now
Agree. Couldn’t resist some more below £80
Come on Santa!
I'm thinking the same, 30% upside from here
Ah well…..just put in my last £2000 this morning.
Cannot believe this price can go any lower .
Don’t laugh!
I’m guessing latest drop mainly due to Covid outbreaks, and some rioting, in EU?
I’ll be buying next few days if things stabilise over there. Just such a great company! Imo
Looks like they finally picked up the phone to Blackrock…..
Must be sizeable volume on offer,perhaps from more than one seller?Any decent corporate broker should prevent this happening and place the shares.
think its due to the supplier concerns , i.e. getting product to the site / customer, but thats a short term problem for me, holding on tight, still see this a double bagger from here over a 2 year period.
No news likely until next year while Nordalk digestion takes place, investor boredom, general quiet uk market, Poland and them darned ruskies, placing investors who are terrified of a paper loss?
Who knows?
Rare I hold onto a stock for so long, but figured this a keeper. Perhaps not, any idea why the drop?
Interest seems to have gone away... Whilst I was not planning on selling I had not expected such a brutal reversal even if the share price had got a bit rich at 112p.
Sorry, forgot to tick the Strong Buy dropdown.
Bought some more this morning.
Good to see SRC making progress today on environmentally-friendly products - very innovative and forward-thinking.
I see SRC continuing good momentum , especially in the UK.
Smoke and mirrors sell are buys..
seems like blackrock are continuing to buy SRC, cant be a bad thing, over 12% now, how far will they go.....?
They certainly believe that SRC will be significantly bigger over a multi year period.
Over the period of 3 days spanning the trading statement Blackrock have bought approx 1.5% of SRC or £10m worth of shares yet the sp has declined over this period and the trading volumes have been less than £6m.
Not sure how this is achieved but maybe some posters have been closely involved with market makers and might explain.
Nevertheless there seem to be 2 conclusions
1 Blackrock is really keen on SRC
2 The mm's are encouraging weak holders to sell to supply Blackrock until the order is satisfied.
Coupled with the trading statement I consider the target of 125p by Liberium to be very modest.
BlackRock expect to make significant returns from SRC so I reckon this is on a multi year trajectory for continued m&a growth until such time as a big boy pick them up , as long as SRC can continue to buy and build ever bigger groups at the same PEs then I reckon I'm with BlackRock holding on for 2023 + for a multiyear bagger.
Dyor
Blackrock still increasing their holding - over 11% now.
'Recent and ongoing increases in energy costsare being seen across all industries, and the availability of haulage and transport is also presenting challenges, particularly in the UK.'
A problem across many industries but still worth noting.