Somero Enterprises (LON:SOM) H1 results webinar 13th September, 3pm.
Chief Executive Officer Jack Cooney, President John Yuncza and Chief Financial Officer Enzo LiCausi will host a live virtual presentation and Q&A, following the release of its interim results announcement (on Wednesday 7 September 2022).
The last trading update on 19th July was in line with forecasts, which were given as Revenue c$138.8m, EBITDA c$47.7m, Cash $39.9m.
An active private investor in small caps: growth/value. Co-Founder of piworld.co.uk which provides videos of company presentations, management interviews, investor interviews & webinars, to enable investors to make informed decisions.
Some interesting share price movements recently. This is a core hold for me. The metrics are compelling - not least cash flow, lack of debt, forecast EPS and dividend history and forecast - and it gets a quality score of 99 !
Somero Enterprises (LON:SOM) shares have picked up a strong tailwind in the last couple of sessions. The shares remains attractive on all metrics, but have always languished on a derisory multiple. Good management, no debt, generous dividend, attractive investment metrics and compelling products for the construction industry. I appreciate that it is cyclical, but despite this is remains significantly underappreciated in my view.
In the absence of any obvious reason for the recent upward movement in the share price I assume that the cause is exposure to the US economy, where inflation appears to have peaked?
Answers on a postcard?
