Previously writing on windows and doors retailer and manufacturer Safestyle UK (SFE), in November with the shares falling back below 25p I concluded that I retained limited confidence on its outlook at that juncture and continued to avoid. The shares last closed at 23p, but are currently edging up today on the back of another trading update, so what’s the story now?
Previously writing on windows and doors retailer and manufacturer Safestyle UK (SFE), in September as the shares fell to 21.5p I concluded that ‘its high household energy costs environment confidence for its products is versus the consumer spending pressures and “consumer confidence levels at a 40-year low”. As such, I remain highly cautious here at this juncture and continue to avoid’. The shares last closed at above 30p but are currently falling back below 25p following a “trading update”.
Writing on windows and doors retailer and manufacturer Safestyle UK (SFE) last month with the shares lower towards 36p I concluded suggesting the half year results statement this month wasn’t going to be good and still avoid / sell. Now the half-year results...and the shares currently lower to 21.5p.
Windows and doors retailer and manufacturer Safestyle UK (SFE) has announced the grant of share options to CEO Mike Gallacher and CFO Rob Neale under its ‘2017 Performance Share Plan’, arguing it “incentivise the Executive Directors to deliver both earnings and share price growth”. So what of this at a current 30.8p share price?
A Friday before a bank holiday weekend intra-day “Update on Capital Markets Day” announcement from Safestyle UK (SFE). Now, why don’t I think it is going to be good news from the company which describes itself as “the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market” I wonder?
Windows and doors manufacturer and retailer Safestyle UK (SFE) has announced a previously reported cyber attack is to have “a c.10% impact on our H1 revenues and, therefore, a material impact on our expectations for H1 earnings”. So what for the shares, currently at 44p?...
