Science Sprt Share Price (SIS)

Anyone heard any more about timing of applied nutritions £1B float ?

A quick bump up in the SP would be great but not really realistic at this stage. For me the business is sound but needs to be taken a grip of, which I feel the new chairman has done and I hope will continue to do so. Trimming the fat out of the overheads in a controlled manner will take some time and cost some cash, but thereafter deliver a strong return on the effort and I would expect a notable growth in the bottom line. I would look for this company to build its EBIT to a double digit %., perhaps not for the 2024 FY but certainly the 2025 FY.

Further forward, it will be interesting to see how the commercial team is developed and how they expect to maintain grow momentum in relation to top line sales. Now is not the time to stagnate, but to prepare the foundation for controlled growth.

Well the trading update shows the contempt for the one trick pony 'revenue' chasing of the previous CEO and top management (actually lets be honest just the CEO) and this was an honest if somewhat mixed bag of an announcement. I like honesty ! We will have to wait while they de-leverage and rebuild and so 2024 will be flat on revenue but with improved EBITDA, reduced debt and an expectation that they can double the cash position. I saw no obvious signal for a further fund raise or dilution of investors (although cannot rule one out at some future stage). The strategy they intend to follow doesnt necessarily need a big cash injection just a bot of time. The goals are clearly stated for us to see in this trading update. Patience is needed but I sense we are in better hands and we know how we will measure success in 12 and 24 months. I read this with a sense of optimism going forwards.

Looks like the company has been turned around. Its good that the Moon guy was replaced. New management seem to know what they are doing. Expected doubling of EBITDA and reduction in debt when changes fully implemented. Pretty good considering.

Nothing too dramatic going on here .

Seems the previous management were inept and it’s going to take quite a while to sort out the mess.

A takeover is going to be the only way punters are going to make much out of this share short term imo.