Member Info for chrisc32

I've not been able to buy without ticking the price up. Got a core holding now and have no available funds just now to add until I can move some cash around. I keep reviewing the figures and keep arriving at the same conclusion that this has very good potential, but DYOR

... a good day here and a decent rise. Stock seems quite tight at the moment.

I'm seeing 4.1p offer.

trading update should be end August, full year results in November.

... based on cash generation for the last half-year. Assuming that debt repayments are met, and I can't see why this would be problematic with the business throwing off $3m in 6 months operating net cash inflows. Definitely a DYOR share. My feeling is that this is either under the radar or misunderstood. Growing share of a growing market in silicon test wafer reclaim. Full year results to end June will make an interesting reading, but not due till end August.

Agreed. All seems well and we 're trading in line with expectations for the full year. I'm Just planning on holding.

... infinte. All the best.

Solid statement ... More cash than mcap at last full year. Forecast 1.9m profit before tax. pref share repayments to come and lack of dividend are the negative IMO.

... is what the CEO talks about. Now that smacks of a company with realistic expectations in the current market. What I like best about STY is that the company is emerging from its restructure as a very different animal to STY of 4 years ago. Turnover is lower, but showed growth year on year in 2011. Margins are much, much, much better. Most of all, STY have a vision of the company they want to be, with revenues from multiple sectors and a clear differentiated positioning. This remains a play on small improvements in efficiency that, coupled with any top-line growth, can make a big difference to the bottom line. On a £100m revenue, a 1% increase in gross margin and a 5% increase in revenues would see STY making an underlying profit before tax of £3m+, with the market cap at just over £7m. Personally, I would like to see revenues from non-banking sectors pick up this year and next. It's a balanced client base that will provide the basis for sustainable growth and help STY ride the peaks and troughs. STY have resized and refocused the business and are intent on being selective about the most profitable opportunities available. No point consistently doing work effectively for free!

Nice to see a handful of buys trickling through there - been quiet for a little while.

http://m.thestar.co.uk/news/local/fire-struck-hospital-to-reopen-entrance-1-4505575# “Property firm Styles and Wood came in at the beginning of November and worked day and night for six months to get us to this stage and they’ve done a magnificent job.” Should provide a strong case study and testimonials for STY in the public sector. For me, the most important thing for STY is to keep delivering with quality. We know from the results RNS that STY are still the number one performer on the Lloyds TSB framework in terms of flawless delivery. Reputation is earned through great performance and recommendations are the best form of marketing IMO.

Construction grew faster than expected in April, compounding confusion over UK growth figures which showed the sector in decline and responsible for an overall fall in GDP growth. The influential Markit/CIPS Construction Purchasing Managers' Index (PMI) fell to 55.8 from the previous month's 21-month high of 56.7. A figure above 50 indicates growth. The results beat forecasts for the index to fall to 54. Read more: http://www.thisismoney.co.uk/money/news/article-2138334/Markit-CIPS-Construction-beats-forecasts-April-raising-hopes-GDP-fall-blip.html#ixzz1to6ftunD

Clearly a very happy client. The video's well worth a watch. The extent of the refurb is much greater than I anticipated from reading about it.

Next news may well be the interim management statement. Last year's came in May (on 19th). That said, last time I posted that next news would be results, we saw two framework RNSs released within about a week or so. Looking forward to hearing about progress at STY. I would personally view any improvement over last year's H1 results as very positive.

I quite agree. STY delivered well in their last set of results. We just need to see STY to maintain growth in my opinion for the market to pay attention. More broker coverage wouldn't go amiss. I personally think the shares are cheap at just over £7m Market cap and factors in absolutely no hope of growth, whereas analyst forecasts are for £1.9m pre tax this year and just over £2m next year.

http://timesonline.hemscott.com/servlet/HsPublic?context=timesonline&path=be&service=getForecasts&type=brokerforecast&cid=6004

And thanks again nigel2k for posting the summary.

Sounds very positive indeed. Is the actual note available anywhere? How does a PI get access to broker notes like this? Thanks again!

The usernames were quite close, that was all ... easy mistake-a to make-a Would love to get access to that Galvan note to see what they have to say, and whether they have a target SP. Must be positive if that's the effect it has had on the SP.

Are you the same as knigel? Do you have a link to the note? Thanks for highilighting - I wondered why the interest this AM in particular.