focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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.
Typical comment from a short-term thinker.This is a mega deal.Puts SRC in a different league.These boys have not put a foot wrong,yet.Likely issue will be massively oversubscribed? And price will go up? Despite their being a vendor overhang.
Why?
Disappointing...
good trend in the economy
Founder of Hargreaves Lansdown buys 3.7%; a noteworthy buy.
RP68, I agree with your assessment of the Sigmaroc management.
I see this as a long term strategy deal. This JV with CB would also guarantee supply of the main ingredient of cement, powdered limestone, at around 60-65%, for their own production set-up. Also would expect this material to be a major component of Greenbloc products. If one assumes that they will be successful in the UK. Sigmaroc would want to expand into their area of Europe. Being green, will mean local manufacturing of the Greenbloc products, requiring a ready supply of raw materials.
More good news this morning - looks like a very progressive JV arrangement with a major player. Just adds to my feeling that Sigmaroc is well-managed and regarded highly within its sector.
I never make specific forecasts regarding share price movements, but Sigmaroc clearly has good business momentum just now, and I can only see it attracting more support in the short-term.
Company is well run, cash in the bank , huge demand for product over a multi year gov backed basis, can only see SRC being an acquisition target itself at this rate,
holding for multi bagger unless its stolen away from us through acquisition , £1.30 +
This company keeps impressing with strong results, smart strategy and now positioning to ride the green wave that not only becomes the global norm with strong leaders' backing, but particularly in the UK with one of the greenest leadership ever, catalysing the whole green economy from the financial framework (green investments taxonomy) to the brick and mortar delivery.
Sigmaroc has demonstrated ability to seize public grants and incentives where available eg. public funding of a road building in Belgium at CDH, I trust they will be at the forefront on the global green push too.
Am invested in Sigmaroc mainly because of Greenbloc. As soon as developers start to fully adopt this product, the potential is massive, would transform this company, perhaps even become Greenbloc PLC .
It would be interesting to see the sales of these new products verses old.....
First mover in the UK in a massive market - good.
"Concrete currently accounts for about 8 percent of the carbon dioxide being emitted into the atmosphere"
https://bit.ly/3ivTvF5
https://www.bbc.co.uk/news/science-environment-46455844
I had a another read through the company's 2020 annual report this weekend. It really is informative, well-written and oozes competence.
His other article;
https://www.investorschronicle.co.uk/ideas/2021/06/03/targeting-companies-on-the-upgrade/
4 companies - HSP, RBG, KAPE & BMY
Who are the other three companies that he has increased his target price?
Simon updated after market closed.
https://www.investorschronicle.co.uk/ideas/2021/06/04/exploiting-earnings-upgrade-cycles/
New target price 100p
GLA
first time i've added to a double bagger, odd experience, but I think this building super cycle is just beginning, but I do think it will end sharply , its just about the "When"
2023 for me....holding on tight
With positive news coming from BREE this news is confirmation of expectations. Actually relative to last year they are doing better so far this year.
The news on Greenbloc, suggests that it is attracting interest rather than many orders yet. If the housebuilders are being too cautious to adopt, Sigmaroc should ensure that local councils are made aware of this greener product. Afterall it is they that give out the planning permission. The rns states more news to come on Greenbloc. Am looking forward to that.
Impressive trading update, beyond the best case scenario for this well managed fast growing company. It reveals excellent perspectives with strong demand backing further growth in revenue, profits and share price, in addition to growth fueled by ongoing non-dilutive acquisitions made with cheap credit line funding.
Excellent trading update this morning. This business is firing on all cylinders and operating in attractive markets.
Great numbers again. The current share price looks very well underpinned. Tempted to add more.
BREE and SRC are relatively safe stocks. Construction and road building and repair will take place regardless. It is a matter of having the material assets, bought at an advantageous price and developing them properly. SRC are proving to be very nimble, so far, in acquiring businesses . A term used by BREE, a barrier to entry, does not appear to exist in the SRC playbook.
Am expecting BREE to issue an AGM statement with a business update tomorrow morning, there has been plenty of activity today.
With regard to the future heights of UK indices, am not going to predict. Taking into account pound depreciation though, I wonder why we aren't there already for the FTSE100.
Oddly I hold BREE as well in a similar play, I was alerted to these through IC, an media outlet that I usually hate but they were spot on with this thus far,
I consider this to be a medium term hold for 3 years whilst the build phase puts meat on the bones in terms of spending, I also see the FTSE / FTSE250 going really well over the same period, 9k for the ftse a real possibility subject to the usual pandemic risks.
ih10, you have done well.
Am late to the party but better than watching this company continue to expand without any skin in the game. The Belgian business and Greenbloc made this a complementary hold with BREE for me. There is plenty of growth left in Sigmaroc.