Updates

SigmaRoc

March 2024

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.

A well-timed write-up last month with the shares rising after Sigmaroc said thanks to an excellent final quarter, it expects to report underlying FY23 EBITDA and eps ahead of expectations. Revenues are expected to be 8% higher year-on-year at c. £580m with all newly acquired businesses performing ahead of expectations. Like-for-like revenue grew 2% despite a 4% reduction in volumes, “reflecting the group’s diversified geographic end-market profile”. One highlight was the 1.1% improvement in EBITDA margins to 20% helped by cost savings of £4m while eps is expected to be greater than 8p, above the prior year despite a significant increase in finance costs and after absorbing the cash raise dilution in February 2023. Within it ...

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Fonix Mobile - Shares surge above 250p

Lords

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

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

SigmaRoc (May 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 - Director buying again (June 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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