Mergers and Acquisitions Recently Statium bought PowerPax, of which I have been a very long term customer.From a customer perspective, this has been a disaster, all the knowledgeable people have left, orders have been delayed or impossible to place.I would not want to be the new owner of this business, so take the cash and run. I expect TT are completely unaware of this situation - we all know due diligence is almost entirely financial in its scope and anyone who knows how the business is really run would not be let anywhere near an auditor! (allegedly, but here are so many examples of this).Good luck to those able to cash out now
Good timing! Stadium Group plc (AIM: SDM), a leading supplier of design-led technologies including connectivity solutions, power supplies, human machine interface (HMI) and electronic assemblies, announces that Charlie Peppiatt, Chief Executive Officer of the Company, sold 50,000 ordinary shares of 5p each on 8 September 2017 at a price of 125p per ordinary share. Mr Peppiatt's resulting shareholding is 186,263 shares, representing 0.49% of the Company's issued share capital. Mr Peppiatt has no current intention of selling any further shares.
New FD appointed I am beginning to think that the FD is even more important than the CEO in some of these geographically widespread groups. This guy seems to be very experienced in European markets within a UK industrial organisation, IMI. It is good to have a person in post which leaves the CEO hopefully to be concerned with the business as a whole rather thna looking over his shoulder all the time, watching the finances or the stand-in watching the finances. Stadium seem to be doing well, and also to be seen to be doing well. A recent Capital Markets Day backed up by a positive statement today should keep the pot simmering.Strong hold, weak buy even after a fairly good SP run recently.
What am I missing? This company is in a hot area of M2M automation....I have watched similar robotic software automation fly (such as Blue Prism - PRSM - gone from a £1 to over £6 in a year). There has been so much talk about these software robots automating jobs and processes and I am thinking of buying more stock as a hedge vs. my own job!.What am i missing to put me off?....The earnings look reasonable, the market cap is tiny and the outlook statement is bright and cheerful.
Good results for 2016 Prelims today pretty good. They have been making all the right moves with uptrading strategy. They have set out their stall, and they have broad coverage across the various international markets. They certainly talk the talk with centres of excellence etc, but they are also walking the walk. It is always a painful process to lose traditional business and put faith in a new approach, but the groundwork has now been done; the finances are good with sufficient to invest in M&A activity if the right deal comes along. Stable management team - always helps.Reasonable PER and good PEG. Fair and rising divi well covered.Never going to make the FTSE 250, but lots of good businesses dont!At gthese prices, a strong hold or a weak buy.. I am seriously considering adding to my holding.
Bought in I bought a few of these sub 70p because they still appear to be growing at a good clip despite the setback this year and are cheap on a multiple of operating profits.There is some currency risk but that doesn't strike me as the end of the world.All in they look cheap to me at these prices.
Re: Bought at £1.16 Hi Zulu. Long time no speak by e-mail. Hope you are well and portfolio going well. Just retiurned from West Indies so feeling rested but turbulent markets. Have been watching Stadium for osme time. They have held up, though had intended to buy when momentarily dipped below 100p. Still think they are a good company and worthy of investement at this level? Their recent purchase was a mixrture really - old stuff versus their target to get more into bespoke but at the same time giving them size extra and also access into bigger customers in UK wholesale market. Thoughts?
See company management present If you would like to see Charlie Peppiatt, CEO, present on behalf of Stadium, with the opportunity to ask him questions please follow the link below. The forum will be held on the 23rd of September from 5pm, registration is free.[link] presenting are Motif Bio and Ilika.Thanks,The Equity Development Team
Re: Bought at £1.16 Zulu 2I bought these for my wife in 2012. Since when the SP dropped precipitously. We are well in profit now thank goodness, having also received a few modest dividends. I would say that Jim Slater's ideas work best in a generally growth environment where future earnings growth per share are predictable. This being essentially a contractor this will not necessarily be the case. On the plus side...no borrowings but on the negative side very slim operating margins.Still...at least my wife won't be able to accuse me of buying her a dud any more.
Bought at £1.16 What I look for when buying a shareGood track record, 4 years of continual growth which can be a combination of historic & forecast growth - No 3 forecastLow Forecast PER (<16) & PEG (<0.7) and good EPS Growth (>15%) - YesBased on £1.16 on 14th Jan-20152014 EPS Forecast 6.94 EPS Growth 55.6% PER 16.7 PEG 0.30 2015 EPS Forecast 10.90 EPS Growth 57.1% PER 10.6 PEG 0.192016 EPS Forecast 14.50 EPS Growth 33.0% PER 8.0 PEG 0.24Positive 1 Year Relative Strength - Yes Positive 1 Month Relative Strength - Yes ROCE of 20% - Yes 25% Profit Margin of over 7.5% - Yes 11%Cashflow Per Share greater than EPS No 0.75Low Gearing Yes -1.2Director Share holding >10% - No 1%Quick ratio of > 1.0 but preferably >1.5 Yes 1.2Dividend (a nice to have) YesSee what I look for when buying a stock at[link] follow me on Twitter@GrowthStocksUK
Any one know what is going on here? Could do with some good news to ramp up this share going into the new year. Anyone got any company news?