Small Cap Value Report (Wed 28 Feb 2018) - AVG, SFE, SAG, FOXT, CSSG

Tuesday, Feb 27 2018 by
49

Hi, it's Paul here.

Thanks for the reader requests. As mentioned in the comments below, I much prefer it when readers add a few key points about the company results/trading update, indicating why you think it's interesting. That makes it more interesting for me, and everyone else. Rather than a single sentence asking me to do all the work! 

Please note that yesterday's article ended up being a bit of a monster, with 5 companies reported on. Here's the finished article.

A friend flagged up that dotDigital (LON:DOTD) might be affected by the new GDPR regulations re email marketing & spam. These regulations kick in this May, and require email marketers to solicit the permission of everyone on their databases to remain on the database. Obviously this is going to decimate many email databases, and make email marketing/spam very difficult to do. I imagine that might have some negative impact on DOTD, despite it branching out into other channels, such as social media. Maybe GDPR is why it decided to branch out? Anyway, I didn't think of this point yesterday, so just wanted to mention it today (and I've added a post-script to yesterday's report).

This article will take shape during the afternoon & early evening - so please refresh this page later. I'm not a morning person, so generally my articles are mostly written in the afternoons & evening.




Safestyle UK (LON:SFE)

Share price: 119p (down 21.7% today, at 14:51)
No. shares: 82.8m
Market cap: £98.5m

Trading update (profit warning)

Safestyle UK plc, the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, today issues an update on current trading.


As you can see from the chart (see below), vertical moves down usually indicate a series of profit warnings in the past, and we have another one today, unfortunately.

Today the company says;

The Group announced on 13 December 2017 that it had seen a continuing deterioration in the market resulting from declining consumer confidence and the Board expected market conditions to continue to be very challenging in 2018.

The activities of an aggressive new market entrant have added to an already competitive landscape and impacted the Group in certain areas of its operations.

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As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested. ?>


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Safestyle UK plc is a United Kingdom-based company engaged in the sale, manufacture and installation of replacement un-plasticized poly vinyl chloride (PVCu) windows and doors for the United Kingdom homeowner market. The Company's segment includes the sale, design, manufacture, installation and maintenance of domestic, double-glazed, replacement windows and doors. The Company has over 30 sales branches and approximately 10 distribution depots located throughout the United Kingdom. Its product range includes EcoDiamond WINDOWS, EcoDiamond UPVC DOORS, EcoDiamond BI-FOLD DOORS, EcoDiamond REPLACEMENT CONSERVATORIES, GuardDoor, Pavilion and Inspire. It has manufactured over 279,000 frames and carried out approximately 60,000 installations. The Company's subsidiaries include Style Group Holdings Limited, Style Group Limited and HPAS Limited. more »

LSE Price
50.81p
Change
1.6%
Mkt Cap (£m)
41.4
P/E (fwd)
10.5
Yield (fwd)
1.9

Avingtrans plc is a United Kingdom-based company, which is principally engaged in the provision of engineered components, systems and services to the energy, medical and traffic management industries around the world. The Company operates in energy and medical segment. The energy and medical segment is engaged in the designing and manufacturing of machined and fabricated pressure and vacuum vessels and process plant and equipment for the power, oil and gas and medical markets. The energy and medical segment is also engaged in the designing and manufacturing of fabricated poles and cabinets for roadside safety cameras and rail track signaling. The Company's geographical locations include the United Kingdom, Europe, North America and Rest of World. The Company's subsidiaries include Crown UK Limited, Stainless Metalcraft (Chatteris) Limited, Composite Products Ltd, Hayward Tyler Ltd and Peter Brotherhood Ltd. more »

LSE Price
224p
Change
 
Mkt Cap (£m)
70.3
P/E (fwd)
14.9
Yield (fwd)
1.8

Foxtons Group plc is a United Kingdom-based company, which operates as an estate agent. The Company and its subsidiaries are engaged in the provision of services to the residential property market in the United Kingdom. It operates through three segments: Sales, Lettings and Mortgage Broking. The Sales segment generates commission on sales of residential property. The Lettings segment earns fees from the letting and management of residential properties and income from interest earned on tenants' deposits. The Mortgage Broking segment receives commission from the arrangement of mortgages and related products under contracts with financial service providers and receives administration fees from clients. The Company offers its residential property sales and lettings services through its network of approximately 60 branches. It offers independent mortgage advice and other related services through Alexander Hall. It offers corporate services, property management and other services. more »

LSE Price
55p
Change
 
Mkt Cap (£m)
153.2
P/E (fwd)
n/a
Yield (fwd)
n/a



  Is LON:SFE fundamentally strong or weak? Find out More »


42 Comments on this Article show/hide all

matylda 28th Feb '18 1 of 42
1

Morning Paul.

Thanks for yesterday, great as always.

1pm (LON:OPM) - Wondering, I know it's yesterdays news - Any chance you could comment on this http://www.piworld.co.uk/2018/02/27/1pm-opm-secures-international-peer-to-peer-fintech-funding-capability/

Trying to work out what it's all about?

Completely understand if you bypass this, all the best.

Blog: Briefed Up
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Reacher 28th Feb '18 2 of 42
4

Hi Paul, Avingtrans (LON:AVG) has released interim results for P/E 30/11/17 which report underlying revenue growth of 14.9% and improved gross margins to 22.6% compared to 15%. There was a significant acquisition of Hayward Tyler Group last year.

Any insight / views would be much appreciated.

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About Paul Scott

Paul Scott

I trained as an accountant with a Top 5 firm, but that was so boring that I spent too much time in the 1990s being a disco bunny, and busting moves on the dancefloor, and chilling out with mates back at either my house or theirs, and having a lot of fun!Then spent 8 years as FD for a ladieswear retail chain called "Pilot", leaving on great terms in 2002 - having been a key player in growing the business 10 fold. If the truth be told, I partied pretty hard at the weekends too, so bank reconciliations on Monday mornings were more luck than judgement!! But they were always correct.I got bored with that and decided to become a professional small caps investor in 2002. I made millions, but got too cocky, and lost the lot in 2008, due to excessive gearing. A miserable, wilderness period occurred from 2008-2012.Since then, the sun has begun to shine again! I am now utterly briliant again, and immerse myself in small caps, and am a walking encyclopedia on the subject. I love writing a daily report for Stockopedia.com on most weekday mornings, constantly researching daily results & trading updates for small caps. Cheese! more »

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