Updates

SigmaRoc - Director buying again

June 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

For the third time in four months SigmaRoc has said trading is ahead of expectations. Q1 has seen slightly higher than expected volumes, while cost management and asset enhancement programs underpin margin growth. The group has completed its third acquisition, a speciality retaining wall systems business for an undisclosed sum on 2.9x EBITDA before synergies. The first two, comprising a ready-mix concrete business in Belgium and dolomitic limestone supplier, had cost a combined £12m and were acquired on EBITDA multiples of 5x and 6x, respectively. The chairman has also acquired another 115,000 shares at 58p while Lombard Odier have increased their holding from 2.2% to 5%. Even after the mini rally the shares still look chea ...

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Reach - Comparables to get easier in H2

Sanderson Design

SigmaRoc - Prospective PE for next year drops to just 7.2 (November 2024)

SigmaRoc - EBITDA “ahead of budget” (September 2024)

SigmaRoc (May 2024)

SigmaRoc (March 2024)

SigmaRoc - Record acquisition enhances FY’25 and FY’26 eps 18% and 25%, dropping PE to 5.3 and 4.6 (February 2024)

SigmaRoc (December 2023)

Sigmaroc (October 2023)

SigmaRoc - Placing provides firepower for further acquisitions (April 2023)

SigmaRoc - SigmaRoc Eps rises an incredible 40% in tough year (March 2023)

SigmaRoc - Forecasts raised 10% (February 2023)

SigmaRoc - Cluster buying by directors (December 2022)

Sigmaroc (June 2022)

SigmaRoc (May 2022)

SigmaRoc - Acquisition lifts eps 5% (February 2022)

SigmaRoc - 30% eps enhancing acquisition (September 2021)

SigmaRoc - Buy-and-build quarry and building materials group with £25m-a-year war chest (July 2021)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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