SDI Group Share Price (SDI)

SDI have confirmed on their web site that the trading update will be on the 20th - next Monday.

Which is I suppose mildly encouraging for the optimists here since Monday updates are on the whole more positive than (say) Friday updates!

Plus if anything was materially wrong then SDI would have been obliged to announce something already:

Https://sdigroup.com/investors/financial-calendar/

It wasn't 200p + in a high interest / high inflation environment. The price started tumbling from that high once it become clear inflation was materializing and the business had a fair bit of debt and no cash for acquisitions. It's been on a downturn for a couple of years now. Throw in the lack of director buys and the major forecast misses / write-offs in the last year or so and it's guesswork as to what fair value is here and whether they can get back on track. The next trading update which should be due anytime soon will be telling.

Agree and industrial demand in their key sectors is depressed, so cant see it improving anytime soon. Back to 30's perhaps.

christ this share is an absolute stinker, i knew i should have sold out on the first rns of bgf accumulating shares, given the buying volume it was barely holding the 70s, they were clearly holding it up. absolutely ****ed with an avg buy in at the mid 80s, how the **** this ever did over 200p in a high interest/inflation environment boggles my mind

News of yet more institutional buying.

BGF Investments have now gone above 13% with 14.375m shares. So they've bought another 1.24m shares in the last week and almost 3m shares in the last three weeks:

Https://uk.advfn.com/stock-market/london/sdi-SDI/share-news/SDI-Group-PLC-Holdings-in-Company/93504938