nk1999
13 Sep 2017
Re: Now which way After constantly posting his several recommendations to SELL SIV 6 months ago (when shares were below 50p), now the numberbiter seems to have gone completely missing from this board?He even posted a message titled "Shares Suspended" to make all holders panic.He has perhaps opened his Shorts in other shares now?nk
churjones
11 Sep 2017
Re: profit taking at 80p Its a good opportunity to take a profit without a doubt, but for those like me who see a dividend rise on the horizon i would consider it a premature move at this point, with all the rhetoric from the directors on improvements in orders, and a removal or resignation from the board, we may now see a rise in sp above that which has taken place so far, but i still believe it will be a longer game to get back to status quo. regards
thirty fifty twenty
11 Sep 2017
profit taking at 80p so that was a might rise in reaction to the results.i have banked the majority of profits.still beleive there will be a corporate transaction and that might send the shares north of 100p +but also can see a fall abck to 70p or lower if the market wobbles,so was happy to bank and wait.there seems more value in CMS at 60p so i hold those.I do thing CMS might be an acquirer of parts of SIV and thus my portfolio exposed to misinng the premium i SIV and taking the hit of equity dilution in CMS but if that happens, it happens, it will generate value in the longer term and i'd fill up in CMS on a price dip.TMMG are firm with some solid trades going through - interesting....All IMHO, DYOR + BoLSIV is in my portfolio (small)
thirty fifty twenty
10 Aug 2017
analysis of TU at 62p - this was a great trading update - esp. coming so soon after the recent TU.so results at the top end of expectations - that in itself is always fantastic but its the fact that they have momentum that is catching my eye. momentum that means they need to issue TU even couple of months and then also it is confirmed as they themselves say momentum has continued with reagrds to sales AND margins (referring to strategic marketing) - this is fantastic.working out a few forcasts for the year ahead what struck me was that SIV has moved from a portfolio of businesses into just 1 that is material - strategic marketing. In itself it will make £22m operating profit with good margins and growing sales - that is a decent business.so that leaves some problems....MA (making 4m), Books (making 4m), debt and pension.working backwards... I thin the 3m p.a. pension settlement is a great result and better than my assumptions. it is more evidence that the turnaround in life expectations is having a big effect in contributions needs and in the years ahead we will have bond yields give further benefits.debt - so it is possible at 70m which is too much to be supported by Strategic itself but they do say it is significantly within headroom, they are obviously taking management action and they say there are further "initiatives" in the pipeline. so I think they is something strategic up their sleeve lets take a radical view.... say MA + Books got sold for 40m (they are making 8m profit!!)that would leave strategic marketing making 22m with 30m of debt (manageable) for a MV of 80m. Now I don't think that is likely to happen... but if one division was sold , or part sold, it would certainly open up investor's eyes to the hidden gem of Strategic that is disguised within the now reduced issues of debt and pension.For me, from here, there is SIGNIFICANT upside, and hard to see downside before the results are published at least and probably the next interims as there is such strong trading momentum.I am hoping too it is sending positive signals across to the price possibilities at CMS + TMMGAll IMHO, DYOR + BoLSIV is in my portfolio(which it was a top 5!)
onewayticket
10 Aug 2017
Re: Back to £1.00 plus Should hopefully get back to £1.00 plus in the process of time.Already another winner out the oneway portfolio of shares. Adds to NCC and UKOG x 4 Happy bunny Own due diligenceOwt
Boring Bernie
10 Aug 2017
"Top end of expectations" As reported in today's trading statement, results for the FY will be at the top of expectations. It's taking time to recover, but it does look it's past the worst.Strategic Marketing's doing quite well, with Books and Marketing Activation doing OK, but no more than that.Pension payments will hit profits though.I'm still targetting 80 to 90p some time in the next nine months or so*fingers crossed
churjones
05 Aug 2017
Re: Back to £1.00 plus Cant see these moving back up at any pace they are bogged down now in apathy, and a lack of any real information, so why would i buy more haha, god knows but i have. Personally i think they have bottomed and with the sale of the property recently sold for x million, have a breathing space to review and alter course. Time for new management i think, a new vision is needed as the present one has failed miserably regards
onewayticket
29 Jul 2017
Re: Back to £1.00 plus Slowly but surely its edging its way back up. Own due diligence
onewayticket
18 Jun 2017
Back to £1.00 plus Was £1.25 before.and here was what the recent statement said?"our expectations for the full year remain unchanged".I'm sure patience will be adequately rewarded.Own due diligence.
nk1999
14 Jun 2017
Broker views Extract:"Shares in the £50 million company rocketed as much as 33% Wednesday, from 39p to 52p. Fifteen months ago they were worth over 240p.A trading update talks of a "much improved performance" in the first four months of the second half, keeping the business on track for the full-year. In strategic marketing, four-month revenue is up 12%, or 7% at constant currency, and operating margin has improved "significantly".Revenue rose 12% at the books business, too, although that's down on first-half growth of 15%, and margins remain under pressure. A flat four months at Marketing Activation unit, held back by problems in the core grocery market – St Ives is re-pitching the Sainsbury's contract - compared well with a 3% first-half decline."The balance sheet remains sound and we have the necessary cash flow capabilities to support our investment priorities and to further reduce debt," added the firm.Analysts at Peel Hunt are clearly impressed. Malcolm Morgan has upgraded profit forecasts by £1 million to £22.4 million, giving a 0.5p uplift to earnings per share (EPS), now at 12.3p for the year to July 2017.He still thinks the shares are worth 90p, implying 80% upside. And, even at that price, St Ives would trade on just seven times forward earnings. It's four times currently.The bulls were out at N+1 Singer, too, with the broker upgraded its rating from 'hold' to 'buy', with 60p price target. However, there could be much more here if management does its job."Further disposals would improve sentiment and focus significantly and would likely drive the share price into three figures," said Singer."
churjones
14 Jun 2017
Re: Turnaround Commenced Definitely a dividend next time, if i was the chairman and chief exec, having bought shares in 2016 would want a return on my investment, and therefore be working to achieve just that,, how much remains to be seen but would expect a dividend around the 1p mark which would give a reasonable 3.3% at the 50 pence sp today..Like you Bernie i am optimistic or even more optimistic than i was a few weeks ago Regards
Bill1703
14 Jun 2017
Re: Turnaround Commenced "If? the dividend gets back to previous levels of 5.45p as it was in 2016 (and the Board are appreciative of the importance of a dividend) then it can't be far off potential for a double digit dividend if buying today. Personally I'd settle for 5 to 6% in the meantime and repayment of further debt."As BB says, I think they're a long, long way from a 5p dividend.FWIW, I suspect NO dividend is the most likely result near term, with the operative excerpt from today's statement below:"We continue to look for opportunities to further strengthen the Group's balance sheet following the recent sale of a non-core property in Roche for £4.2 million, which successfully reduced debt and created further headroom against our banking covenants..."Management may be appreciative of the importance of a dividend, but equally, if you go back through the last few trading statements, they haven't mentioned the dividend at all for some time.Best guess is they pass it, only to return at some unspecified, more prosperous time.
Boring Bernie
14 Jun 2017
Re: Turnaround Commenced I think we're a long way from getting back to a divi in the 5p range OWT, but this was the sort of trading update I was hoping for. There are still uncertainties going forward, but today's news is a good start.In the short term ( next 12 months ), I'd be happy with a sp of 80 to 90p
onewayticket
14 Jun 2017
Re: Turnaround Commenced I forgot to add the chartPlotted without the 10, 20 and 50 day sma technical indicators - several of which ishould have broken through.Own due diligence
onewayticket
14 Jun 2017
Turnaround Commenced I had this on my watchlist this morning and picked up a few of these this very fine morning The turnaround seems to have commenced and St Ives should be heading back to the 125p levels in due course which is where it was prior to 19th Jan statement that caused the steep fall. (See chart)If? the dividend gets back to previous levels of 5.45p as it was in 2016 (and the Board are appreciative of the importance of a dividend) then it can't be far off potential for a double digit dividend if buying today. Personally I'd settle for 5 to 6% in the meantime and repayment of further debt.There will be frustrations of several who have watched the previous share price fall but pragmatically you need to view the reversal opportunity presented by the group. There is also 1 non-core asset sale to date of £4M which should reduce debt and another property up for sale that once sold should do further. Cost cutting initiatives should also assist furtherThe market likes it for good reason this morning and I'd expect it to gradually keep moving up over the weeks and months ahead and confidence returns.Own due diligence
