Alan Tittymarsh
26 Jul 2016
Re: RNS : hefty director buying Hardly hefty buying, Had he spent £100,000 I might be more inclined to agree.It's hard to believe these used to be around 250p when I last sold some years ago. They've crashed a long way since then. But it does look like SFR are on a genuine road to recovery and bought a few myself for the first time in years at under 49p last week . I can see these back in the lower 60s within a year from now.
gretel
22 Jul 2016
RNS : hefty director buying Nice - the Chairman's just bought another 100,000 shares at 49.25p:[link]
gretel
19 Jul 2016
Share price rising on good volumes Interesting - 5.2m shares have been traded today. Perhaps clearance of an overhang.I bought some of these recently for the first time, having watched it for years and years. It's always been very overvalued imho, but now as a market leader it finally seems pretty undervalued, with extremely large upside if it can continue to thrive and recover as it seems to be doing. In particular, prospects for this year seem very solid given the high order books and visibility going forward. Forecasts are for 4.72p EPS this year and 5.78p EPS next year - with 1.7p and 1.9p dividends too, so an excellent divi yield as well.
Blanketstacker
22 May 2016
Re: Drifting down I have just noticed there seem to have been large volumes lately. This suggests and institutional holder is pulling out. Maybe an RNS on Monday?
Blanketstacker
20 May 2016
Re: Drifting down Not too sure to be honest. The drift has been so steady and gradual that it suggests to me simple boredom or disinterest in what is now a fundamentally decent business. The figures look good, and suggest real value here
ER = 11Price to book = 1The update in Feb was reasonably positive and gave 'in line' prospects. That would be EPS of 3.4p and a well-covered dividend yield of 2%. It also noted the strength of the order book.The company holds freehold property valued at 40% of the market cap, and the recent rescue efforts mean the company has no real debt.Construction, despite the doom mongers, does still seem to be on the up.LGEN increased their holding today, though it does still remain small at 4%.Next preliminary annoucement is due 15 June.A fair price here seems to me to be a lot nearer 60 than we are. That suggests 20% to be had here.
bandit353
19 Apr 2016
Drifting down Anyone a view as to why the steady negative drift ?
Ripley94
18 Apr 2016
Re: prospects Topped below target ....( should of looked at trades lower earlier )
Ripley94
29 Feb 2016
Re: prospects ***
nk1999
22 Dec 2015
Fund Managers From Citywire:"Beagles and Lowen build on Severfield holdingCitywire AA-rated income seekers Clive Beagles and James Lowen has upped his investment in specialist structural steel engineer Severfield (SFR) as the company has returned to revenue growth.The duo increased their holding to 16.5% of the business worth £34.2 million at a share price of 70p.The shares are primarily held in the team’s JOHCM UK Equity Income fund, with a smaller number held by Citywire AA-rated colleagues Mark Costar and Vishal Bhatia’s JOHCM UK Growth fund.Severfield, which provided steel for the Shard and Olympic stadium among other prestige projects, jumped 10% at the beginning of December as it reported revenue up 20% in the first half to £117 million, and pre-tax profits up 60% to £4.8 million.That was weighed against a fairly cautious outlook however, with boss Ian Lawson warning of an increasing number of contracts delayed on tighter funding.Canaccord Genuity rates the company a ‘buy’ on a price target of 80p."
binjiou
10 Dec 2015
Indian JV SIDNEY,The Indian JV is likely to be a slow burner for some time, but I think it will prove to be a very good investment in the long term, when construction methods in India improve.
SIDNEY SHARK
05 Dec 2015
prospects Cheap steel, economy recovering, low interest rates,must be the right ingredients for this share to improve, not to mention the Chelsea stadia IF it was to be involved. Now paying a small dividend. The only clouds are India and the bolt issue with the Leadenhall project which has been fixed physically but probably not legally.
Old Ma Coni
26 Oct 2015
Re: steel [link]
Ripley94
20 Oct 2015
steel will the closure of UK steel have any affect ?
Old Ma Coni
08 Oct 2015
Buy rating at Canaccord Genuity [link] ......Canaccord Genuity ... have a GBX 80 ($1.22) price objective on the stock .... would suggest a potential upside of 24.03% from the company’s previous close.Separately, Jefferies Group raised their price target on shares of Severfield PLC from GBX 74 ($1.12) to GBX 77 ($1.17) and gave the company a “buy” rating in a research note on Friday, June 26th. "
Old Ma Coni
04 Sep 2015
if you want to .... ...... follow the UK steel construction market get hold of copies of New Steel Construction. [link]
