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.
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.
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.
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.
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?
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.
I 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.
Good track record, 4 years of continual growth which can be a combination of historic & forecast growth - No 3 forecast
Low Forecast PER (<16) & PEG (<0.7) and good EPS Growth (>15%) - Yes
Based on £1.16 on 14th Jan-2015
2014 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 0.19
2016 EPS Forecast 14.50 EPS Growth 33.0% PER 8.0 PEG 0.24
Positive 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 0.75
Low Gearing Yes -1.2
Director Share holding >10% - No 1%
Quick ratio of > 1.0 but preferably >1.5 Yes 1.2
Dividend (a nice to have) Yes
See what I look for when buying a stock at
Bookmark the links if you wish to 'pass the LINK/s on'.... or read later?
BE A PART OF IT
# The big problem with shorting is that THEY (the shorters) WOULD most likely lose most of their money IF they just 'bet' on the price going down without trying to 'help' it down?
So, there is the 'catch 22' scenario. No one would know of an RNS to be released that will contain BAD NEWS, if they did and then 'shorted' the stock, then they are guilty of 'insider trading'.
The only sure way to short a stock and WIN is to spread dis-information to defame the company with help from other posters that are in concert with them. To ENSURE that they don't lose the biggest part of their 'short', ironically, then, they must deramp with (seemingly) believable posts.
When the pro's do it, they simply get the media or well known 'crooked' tipsters, analysts or brokers to do it for them. (say no more). .They're all in cahoots with each other!
The campaign against shorting is for the benefit of the 'cheated' investors that cannot control their investments due to the dirty tricks played out by co-ordinated deramping in order to tank the sp to abnormally low levels.
When the campaign is complete, the results will be reviewed by Govt legislators re- further action! The branch of the FSA ie FCA will be asked by Davide Serra to conduct an investigation into short selling practices, with the view to either an outright ban on short selling or at the very least to be better and more vigorously regulated.
The HMGovt epetition is a regulated site with legal authority that will NOT under any circumstances allow any auspicious individuals to prevent 'others' from casting their free votes. Discussions of which are freely entered into with individual viewpoints.
can anyone tell me why the shareprice has gone up by 25-30% in the last few weeks?
I know this is a quite board, the company is steady but I have not heard any news to contribute to the shareprice rise.
funny how the media can make the share price go up hope you all did your research ??? good for you guys that are allready in i will wait a few weeks and try to get in on a dip not over worried but will keep my eyes on this share out of interest.good luck
DJ Stadium Group PLC Trading update & Notice of Results
RNS Number : 7141Z
Stadium Group PLC
19 January 2011
19 January 2011
Stadium Group Plc
Trading update & Notice of Results
Stadium Group Plc, a leading provider of Electronic Manufacturing Services ("EMS") and Power solutions, provides the following trading update.
The strong trading performance reported in the interim financial statements has continued through the second half of the year, consistent with the directors' expectations. Provisional (unaudited) information for the full year indicates that turnover at constant rates of foreign currency exchange increased by approximately 25% compared with the prior year, and that year end net cash balances stood at approximately GBP1.5m.
During the financial year the Group disposed of its non-core plastics business for net cash proceeds of GBP2.42m, and earmarked for disposal surplus freehold property with a net book amount of GBP2.04m. Following this transaction, the Group is now focused entirely on activities in the high growth electronics sector, providing design, product engineering and manufacturing solutions.
The Board remain confident of the prospects for continued organic growth from these operations, both in the UK and Asia, and additionally will seek to make further acquisitions of complementary businesses in the sector if suitable opportunities present themselves.
Preliminary results for the full year ended 31 December 2010 will be announced on Wednesday 9 March 2011.
SDM seems to have been overlooked during the recent re-rating of professional electronics companies. News from SDM's peers points to a significant beating of the house broker's 7.24p eps forecast for 2010. My own call is that we will see at least 8p with the Prelims in early March, we can then look forward to a possibly 10.5 eps in 2011.
Put SDM on a P/E of 9-10 in March (way below the sector average of 12-15) & we've got a price expectation of 75-90p within 12 weeks & a chunky 1.5p divi. 25%+ in 3 months is good enough for me & I have been buying heavily over the last few weeks to get a nice average cost of 68p.
SDM is a medium term hold however. We can expect continuation of a re-rating trend after the Interims & a probable P/E of 10-12 on a (upwardly revised) forecast eps of 10.5p. My call is for 110-130p by end 2011 - close to a 100% gain possibilty in just over 12 months including the divi.
The downside risks are low & on the upside SDM could very easily be the next XPP.
Demonstrable demand recovery signs are beginning to emanate from many AIM corners, and investors can profit by backing cash-generative counters.
One consistently cash-generative company on my radar is Stadium Group, the maker of electronic and power supply products for original equipment manufacturers (OEMs), which is benefiting strongly from a recovery that began in early 2009.
Operating from facilities in the UK and low-cost China and run by affable-but-astute CEO Nigel Rogers, Stadium grew first-half sales from its core electronic manufacturing services (EMS) and power activities to £23.1 million (2009: £16.8 million) and more than doubled pre-tax profits to £1.45 million.
Having improved the quality of its earnings and strengthened its balance sheet by hiving off its non-core branded plastics business, Stadium is enjoying a recovery in demand from customers across most markets. At the same time, it is bagging business in growth sectors such as security, transport, medical and green technology, where green power supply ranges designed to meet international energy efficiency requirements are being developed.
Growing organically, churning out cash and with the financial firepower to boost earnings by pouncing on acquisitions representing a genuine fit, Stadium could see full-year profits pushing higher to £2.7 million (2009: £1.7 million), ahead of £3 million next year, say City analysts.
Based on prospective 2010 earnings of 7.2p and a likely 2.5p dividend, the 64p shares sell on a single-figure p/e and offer a 4 per cent yield. Fill your boots.
Last year, another company I have a small stake in, RCG, cut their dividend by 0.1p, or some such ridiculously small amount, saying they were conserving cash for future acquisitions. The share price began sliding, then they began spending cash on buying shares back! The sp finally fell by about 60 per cent. You end up wondering whether some of these people should be allowed anywhere near a business.
Yet the figures were by no means bad in the circumstances and the company could afford to spend albeit by borrowing £2.5m shortly before the year end(why if it put the dividend in peril).Surely the Directors must be aware if the cut the dividend,saving £300,000 they totally undermine the investment value of the company and they have.I doubt if their institutional shareholders are 'relaxed' as they informed you earlier in the year!As a small cap investor I am finding managements are making the situation worse by failing to comprehend the reasons people invest in the companies and acting with total disregard of investors.No wonder the small cap/AIM market is dead.
I sold first thing this morning, having held them for nearly five years! They went up to about 95p on one occasion, then there was a profit warning and they fell six pence. I held on thinking the warning didn't look to dire, and, over the next few months, they fell to about 45p. I've held on thinking they would soon regain their glory, but, as I've seen with some other shares, shooting stars rarely get going again.
Thankfully I am no longer an investor in Stadium.I realise things are difficult but to suddenly cut and 'rebase' the divi or indicate you are going to cut further at a stroke undermines any investment value in this company.What in heavens name do the Directors think people buy shares for in companies like Stadium.It is difficult to put a value of more than 10p on the shares at present I feel and as shareholders sell out in a very weak market they could fall to this level after ex div day.Time to rebase the Directors salary!
I note your concern regarding the recent reduction in the Stadium share price.
Less than 2% of shares in issue have traded since the AGM in April (at which we made our most recent update on trading) and the price today is down by 48%. The vast majority of smaller companies are trading at historic lows, reflecting near panic selling by smaller investors and a complete unwillingness by market makers to take any available stock onto their books.
I understand that our institutional holders are relaxed, but cannot be relied upon to pick up lot sizes of tiny value to keep the price stabilized. All of the directors bought shares in the 55-67p range earlier this year, however we are now in close period. The result (in my opinion) is a clear disconnect between the value of the company and the current share price, which one assumes can only be short term.
We had decided against a pre-close trading update (our normal practice when its business as usual). Our advisors opine that a reassuring statement would probably have had little or no impact.
We intend to release interims on 27 August (confirmation via RNS imminent); hopefully the figures will speak for themselves and put things back on track.
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