Member Info for Alessandro

I agree Mr. Picky. My buying price is 120p but I am afraid we may go lower than that in the coming days. Growth is hampered for 2025 and the business seems to be shrinking.

How does it work with the outsourcing of tires to Bond International? If you look at the figures in "Results from Total Operations (Continuing and Discontinued)" statutory PBT go down to £19.9mln.

Donkeyeeyore yes volatility, just over reaction to a broker re-rating. Jeffries forecast a modest 25% upside from yesterday closing price. Definitely a market over reaction. I never listen to brokers anyway. They never get one right.

Donkeyeeyore the 5% rise was just volatility. I think the momentum is temporarily lost. Maybe for the next leg up we need to wait until the next TU (provided there are positive news). I can foresee to be back in the region of £8 per share in the coming weeks (unless anything exceptional happens, as always).

Is there an error in the last RNS?

Last RSN: Julie Southern, Chairman, has acquired 5,076 ordinary shares. Further below it is stated: Price(s) 197.8p Volume(s)2,529

How many shares did Julie buy, 5076 or 2592?

The weather seems to be quite nice lately here in the South East. Enjoy the sunshine guys.

TheGreyMonk how will an equity injection help? Issuing shares and sell them to raise cash and repay part of the debt? That would also require to re base the dividend so that the total dividend payout stays the same while reducing interest payment. The dilution from the share issue will weaken the share price even further, which can be a good long term strategy. Although, I would rather see a dividend cut now to use the cash to repay the debt. Is that really necessary though? Maybe the rental income increase in the next 5 years will be sufficient to offset the higher cost of borrowing.

Thanks Riomaster!

Why the assets under administration fell so dramatically in 2023?

Big Bollinger band!?

SMDS is a £4.5B business making £650mln operating profits in the low of a cycle. Inflation is coming down and customer spending should recover. The dividend yield is attractive too, especially if we are heading towards lower BoE rates. The merger, if materialize, will bring about fresh opportunities and increased efficiency striking deals with suppliers and customers.

Good set of results. SMDS can justify a sp of 450p without 'acquisition'. With access to the US market from the IP all share combination I can foresee a even higher valuation (above 450p).

My thought is that they are out tomorrow.

Somero and the market seem to have performed as expected and previously announced back in March. Does it mean that the backlog in the US construction market and the promising activity in Europe resulted in material addition to top and bottom line? We will know in July, with possible rerating. Somero still way too cheap based on conservative results, tempted to add at these levels.

Re the Euros .. I'd wait to see if England qualifies for the quarters

Some profit taking may be done by now, but I would not be surprised to see more weakness for a few weeks. Unless there is any unexpected RNS with some unexpected news (whether positive or negative)

I wouldn't call it micro with its market cap tbh.

The sp could languish until we have solid revenue figures, or some ground breaking news. It is a bit of a gamble at the moment.

I wouldn't call it micro with its market cap tbh.

The sp could languish until we have solid revenue figures, or some ground breaking news. It is a bit of a gamble at the moment.

Has Future run out of steam? Can the latest TU underpin further SP appreciation or we must wait for the next trading update for another run up?

Ex dividend date is unimportant considering the size of the dividend.

JD is probing the patientlce of its investors, the share price is nonsensical, just as much as broker ratings: one year ago some brokers were predicting 300p now 150-180p. Some investors hoped to see £1.5B PBT for this year, with the euros and the store openings. The £1.5B target is a mirage now.