Member Info for pernix

Kevijoh: You are just speculating on Strix revenue numbers. Strix last trading update said they were confident of sales revenues growing by around 30% this year. Also those Strix Directors who sold shares said they had to pay taxes on a property charge & so they had to sell Strix shares to raise money; I take this as face value. You are entitled to your opinions Kevijoh. Last time you commented, wanted the share price to go down offering negative Strix view sentiments so you could buy at a lower price. True, there has been global supply issues & more inflation with nearly every industry but nobody knows how, if at all, this has affected the company. In my opinion Strix share price is totally undervalued & just remember all these previous lockdowns increased the demand for Kettles & Strix home consumer appliances!

Strix Board of Directors will have to do or say something to stop the Strix share price falling. It is in their interest & company financial stability and prospects to push up the share price. There is no reason for these share price dives as they have said Strix sales revenues will grow by around 30% this year. Strix has always managed its costs well too, has high net profit margins with close working relationships with customers, OEM’s and Industry professionals & has solid growth prospects. Awaiting Strix trading statement this week.

Krustysmegma: I’ve no idea why Strix share price is not rising. There has been no profits warning. Company Director share sales were to pay for a tax charge in relation to disposal of property. Average FTSE Company Dividend yields are about 3%, any higher may be too good to be true. Do not be fooled by high dividend payers as share prices can suddenly drop in a lower economic growth environment. Inflation may be transitory as high energy costs, supply issues will dent economic growth & it follows less demand for energy. So I would rather invest in a physical products company with great prospects, defensive growth qualities & a progressive upwards dividend payer. That is Strix for me. AiM shares can be volatile, maybe Strix market makers are flushing out the sellers with the share price bouncing up later. I’ve seen this with another one of my Aim shares where a family trust sold out partially, shares went down by 35%, now they are at all time high less than 1 year on. As I said Strix Is looking like a Takeover target with its monopoly market shares, enviable high profit margins, high product barriers to entry, geographic spread & operations, customer base in China too. Then all major investments have been done & Strix is confident in doubling sales revenue on its 5 year plan. Not many companies have that ambition, they are starting to deliver to! China is key as well because they have the fire power to reflate their huge economy, increase consumer consumption & they are already cutting central interest rates like in the last 4 weeks. Strix is so unique, it’s substantially undervalued given it’s future growth prospects! I’m buying more Strix shares on the down dips & did so again today. Awaiting Strix trading update now most likely next week & this should calm investor nerves, pushing up the share price hopefully.

Strix Share Price Upgrade Today.
Liberum Capital has 460 pence, still underprices company revenue growth (circa 30% growth 2021), profit prospects and strong free cash flow generation imho.
This company is also surely a Takeover Target given its more than 80% market share in its main markets, very high profit margins, innovative products and defensive growth prospects, positioned in China which itself is soon to be The World's Largest Economy.

Date Broker Recommendation Old Target New Target Rating Type
20-Jan-22 Canaccord Genuity Buy 375.00 375.00 Upgrade
07-Dec-21 Liberum Capital Buy - 460.00 Reiteration
30-Nov-21 Berenberg Bank Buy - 360.00 Reiteration

Strix shares going upwards on a soon to be announced trading statement this week or next, the pre-close statement. Last October’s trading update was great! No change in profits forecast since then & The Strix Financial Director is hot on controlling costs. I’m hoping higher sales overall like last year with lockdowns driving up product demand & profits. Great for shareholders as the majority of net profits are distributed as dividends, I think around 80%. A bonus would be new contracts signed, new partnerships, patent wins, better take up on new product ranges etc … Also, recent share sales have probably worked their way through & now Company Directors are in a lock in period where they cannot sell more shares. Perversely, some Directors could buy more shares noting undervaluation of the company’s share price. With taxes on the rise, AiM shares with great dividend payers like Strix will be in demand due to their tax advantages. Strix has a monopoly status in its main markets too, the larger company’s have the resources to ride economic storms & most investment has been already done at Strix. Now is the time to invest as future investment returns should be realised in the coming years. Strix says it wants to double sales in 5 years too & it’s financials are impressive. This is a Stong Buy & I’ve bought more shares today on weekness in its share price.

Strix news update coming soon. RNS statement for pre-close results statement should lift the share price. I expect more of the same, positive results statement & progress towards doubling of company sales on their 2nd year of the new 5 year company plan. Very few companies can do that! These Strix shares are very undervalued, can see them rise to 500p in the next 12 months hopefully.

Maybe an Xmas rally now. Some things we now know. So a bit of relief shares rally. Strix shares very truly undervalued. A company which has a virtual global monopoly in its main market (high barriers to market entry too) should have premium ratings, must be a Takeover Target now. Strix is innovative, growing highly organically, bolt on new growth market acquisitions, geographical diverse, essential products & positioned in the No1 Chinese Markets. So a big thumps up & a screaming buy at these low share prices. It could easily be worth 500p (& more) in the next 12 months if all goes well.

China central bank freed up $188 billion in liquidity through a policy easing, Stock Markets rising. That’s great for companies operating in China like Strix Group as bolsters economic growth.

The People's Bank of China said on Monday it would cut the amount of cash that banks must hold in reserve, its second such move this year, releasing the funds in long-term liquidity to bolster slowing economic growth.

Seems 300p Strix share price is a barrier short term. So many times gone slightly over, then share price falls back. These dips in share price are likely to continue. I would say market makers, share price bots are guiding these share movements. This may continue for a while until positive meaningful company news/ sector news/ investor news happens.

Clearly shares are on the rally path. Some bad news has been postponed for share markets. So I can see Strix shares rally upwards strongly. Goldman Sachs did say UK shares generally undervalued a few months back. They expect big shares rally catch up for year end like other big brokers. Hope so.

Strix Group will likely benefit from China’s shifts to the new “Common Prosperity” national policy. This means huge investment inflows by investors, fund managers going into consumer stocks & small tech market leaders to create an even bigger middle class in China. That’s why energy stock index (solar panels, renewals etc…) are up 70% this year & property index down 10%). Strix share price is already too undervalued & I can see investors taking a fresh look at its future prospects ! Strix estimates that its safety controls are used over one billion times per day by consumers, amounting to over 10% of the world’s population.

Strix is a growth company, plans to double sakes in 5 years. Director sales have sent the share price down. They are just taking profits on generous share options. So why so negative on this chat board. Usually Directors sales are poorly timed as they got to sell in an allocated time frame if they want to sell. Before a Director recently sold at 310p but shares shot up to 390p shortly afterwards. Also I would not get too hung up on inflation concerns as they are global & majority of goods prices will rise across the board. Consumers will have to pay up higher prices whichever appliance they purchase. Strix has a good handle on keeping its costs & expenses low, recession proof products with high margins, an enviable monopoly market share in main markets & new growth products coming on stream. Yes, I would say the share price will recover with any positive news flow, that can come anytime. Strix shares are undervalued, Investors Chronicle has 390p price target. Another main broker recently upgraded saying 450p price target.

thandouk: I’m expressing what I think & what I’ve seen. My opinions are valid like yours. Yes, I think the shares will rise a lot but can’t give a time frame. So general direction is upwards & that’s what I’m expressing. There are so many market tools to research company fundimentals so you have a lot of options to do your research anyway you want. Let’s leave at that.

Strix shares tipped on Stockopedia this weekend. This is an influential shares research website. These shares are set to rise even more. Investors will digest the news over the week.

Strix plans to double turnover in 5 years. Not many companies have that ambition & they got recession proof products too. So it’s a growth stock & it is undervalued at current prices, 390 - 450p fair value I would say. Just bought more Strix shares with my Divi payment & fresh capital.

I can see China jitters calming. China will step up & sort out it’s property sector issues. This maybe through take overs of struggling companies, pumping liquidity into markets or through new regulations & laws/ other measures. They will not let the Chinese economy sink & thus save the global economy too. Majority of shares are down but Strix has sound company fundamentals & defensive growth qualities. Every investor has their own agenda but selling now could be taking on losses or missing out on share price rises. So hold your nerve as Strix shares will eventually rise as they are undervalued & unique !

Giraffe4444: Yes too right. This is Strix Group, a company that is increasing its market share but still is a dominant monopolistic manufacturer in its main market. Then on top wants to double revenue sales in 5 years & means business as it’s hitting high growth targets now. Then is very innovative in its products that consumers like. Then has continually managed costs & debts to acceptable low levels. Now that Strix accelerating growth is coming as the main investments are completed & they execute on their strategic goals. Also I think Strix could list on the main markets & is a Bid Takeover Target. Both would propel the share price upwards substantially !

Strix Group is Unique. It has recession proof products, geographic diversity of demand (just bought an Italian company), new products with huge growth areas in regulated industries & a track record of sales, profits growth with high profit margin products.
Strix produces products in China like the majority of others. It owns its new factory property, has lowish debts & disciplined management always looking to control costs. It aims to double sales revenues in 5 years & making progress with an executable plan. So now it’s share price is trading well below fair value (390p to 450p) & these Chinese jitters do not directly affect Strix profits. It’s a investor sentiment thing but investors should focus on company fundamentals as this reveals a fair valuation of the company. I would think the Chinese authorities will calm matters as it has done many times before. Strix shares are undervalued & will gap up in time.

Gents/Ladies: Don't get me wrong. Agree Watkins is a changed property entity now than before. It's just the share markets are at axis of pricing in multiple interest rate rises, higher energy costs and much higher inflation. Seen this before and now worst with a winter of discontent with everything going negative ways in the UK and globally. So sentiment drives share prices. Otherwise Watkins Jones would be north of 250p by now.

curably: All speculation about as private equity bid for Watkin Jones. Global interest rates will rise next year for sure. That means asset prices (including property prices) will deflate with slower economies. So why would a private equity company make a takeover bid now for Watkin Jones. They would be overpaying. I see Watkin Jones shares sinking on further disposals by the Watkins family & Trust. Maybe Watkin's shareholders have missed the uptrends in the share price cycle but the Watkins family have cashed in. The Watkins Chairman might even have bought at a higher price given the prevailing economic circumstances. Last time the shares sunk to 205p & could sink further down. The Interest rate cycle is now in the upswing and that's bad news for asset prices !