Member Info for Monet1

Whilst NR stated his’primary focus is on Volex’, would hope that his other investments don’t distract him too much . Noted his connection to LARS WINDHORST’s Tennor holdings, Nobiskrug- possibly as chairman of this super yacht shipbuilder , INSG among others.

Trading update £66 M profit ~ 38p eps ….,P/E ~ 3 !

Noted that J O Hambro have recently acquired 1.9 m shares.

There has been a noticeable increase in trading within the past 3 weeks. However no RNS as yet.

A sad day for Nat and all the family. By all accounts Jacob was well thought of and contributed to many and varied charitable causes.

The Q3 trading seemed positive with comments about considering opportunities for enhanced returns to shareholders.

A belated warning about investing in AIM stocks this am in the Telegraph/Questor …who published a very favourable article regarding SDI earlier this year / the chief analyst of Sandford de Land with a probable upside of 100% . Better DYOR and keep an eye on the directors who sold a large quantity of the free options they awarded themselves whilst making token purchases .

So the directors were pleased to update the market on disappointing investors and viewing attractive opportunities. In an era of high inflation and interest rates they should be selective in pursuing their buy and build strategy. Economic environment has now changed .

Don’t know what message directors token buys were intending to convey to shareholders…..must have known that results would not meet some shareholder's expectations!!

Nathaniel Rothschild has now taken his investment via NR Holdings Ltd to over 1%…….interesting ….expecting a higher offer ?

WorldwideT/Sweetunicorn on the other board has an opinion on this and on management. However the usual cheerleaders have no comment on latest fall in SP. SDI may be ripe for a takeover at current valuation . Some of the institutional investors over the past year or so may be a little concerned if they have to crystallise their loss’s .

Wonder if some of the other institutional investors may hold out for an increased offer. Current bid is only at a small premium to recent SP.

Looks as if Worldwide T/Sweetunicorn on the other board ,short term analysis on SDI is coming to fruition. Directors appear to have no interest in the depressed SP …only lining their pockets on cashing in options ….May be some time before 200p is reached ….if ever !

Don’t think we’ll see FC target of 200p anytime soon unless a takeover occurs. JDG drops ~ 3% today and SDI. Down ~6% !

Whilst some may not agree with Worldwide T/Sweet unicorn on the other board, there were comments which were worthy of a little consideration, after viewing the decline in SP from 150p after recent update to 120p today.

SDI May now be approaching value at the current SP

Noted that Amelia Murillo ,non exec for over 2 years is now intending a maiden purchase to invest >£150k in the company. Must see value at current valuation .

Yesterday’s hastily token purchase by CEO was miniscule in comparison with his exercise and sale of options over the past few years and maybe an attempt to shore up the SP prior to selling his remaining shareholding . Growth has stalled and with no dividend there may be attractive investments elsewhere in an era of high inflation and interest rates. Maybe time to revisit when valuation becomes more appealing . WorldwideT/ Sweet unicorn on the other board may have called this one right !

NR appreciates the current article in the Investors Chronicle highlighting the low valuation of Vlx compared to its peers.

Recent tweet from NR was that some UK companies were undervalued by 20-50% compared to across the pond. Not sure if he includes Volex in that category.