RE: Rudolph Too14 Aug 2017 12:51
Hi Kiwi, on the surface it seems Ok modest valuation, about £3m net cash 4% dividend, compares well with it's peers. Main downside is the cyclic nature of the business, but if you want a structural engineering company this could be it but prepare for a long term hold, not very liquid. SP dived 4 years ago, presumably on a profit warning with state of the economy, shame we didn't catch its recovery not sure how much room left for growth.