Most recently writing on windows and doors manufacturer and retailer Safestyle UK (SFE), in July with the shares slumping to around 10p I concluded that ‘the company reckons “the net cash position at the end of the year is still expected to be positive”, I reckon it is on trend for its borrowing facility to need to be ‘accessible’ and, even at a now down to £14 million market cap, at this juncture still avoid/sell’. Now a further “Trading Update”… and the shares further slumping from a prior close 8.3p to currently below 5p. What’s its update now?
Previously writing on “leading UK focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market” Safestyle UK (SFE), in March with the shares heading back towards 23.5p I questioned how confident on profitability now and concluded continue to avoid. Today an update from the company commences that it “expects to report H1 revenue of £74.0m, a decline of 5.4% on H1 2022, which is in line with our forecasts”… so what of a current more than 40% further lower share price response to around 10p?
Previously writing on windows and doors retailer and manufacturer Safestyle UK (SFE), last month with the shares at 23.5p I questioned how confident on the “return to profitability”? and concluded to avoid. The shares last closed at 29p but are currently heading back towards my previously noted price following full-year results.
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?…
Previously writing on windows and doors manufacturer and retailer Safestyle UK (SFE), in May with the shares at 62p I concluded risks saw the attempted recovery only on the watchlist. Today an update including that it now “expects 2021’s full year financial performance to be ahead of current market expectations”…but the shares currently at 57p?…
Self-styled “the leading UK focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market”, Safestyle UK (SFE) is “pleased to report… trading and financial performance has continued in line with recently increased market expectations”, including “order book remains at levels similar to 2021’s strong opening position which continues to provide good visibility of near-term revenues”. Sounds encouraging, but what are the specifics?…
Shares in Safestyle UK (SFE) have recently been rising strongly but, on the back of half-year results, are currently around 20% down today, heading towards 40p…
Previously writing on self-styled “leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market” Safestyle UK (SFE), in May I concluded including that an already challenging outlook looks to have become significantly more so, both in terms of demand and efficiency of supply. Now a “Half Year Trading Update”...
Self-styled “leading UK focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market” Safestyle UK (SFE) has updated including on a plan “to restart operations, including manufacturing, installations, surveying and selling activities by the end of May” – and the shares have currently responded to around 25.5p...
Previously writing on windows and doors manufacturer and retailer Safestyle UK (SFE), with the shares around 66p I questioned how good really was its argued “delivered good progress”. The shares were rising towards 80p earlier this month, but are currently back to around 60p on the back of a trading update…
A half-year trading update from self-styled “the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market”, Safestyle UK (SFE) includes “revenues for the period will be c.£64.4m, 6.4% higher than H1 2018 with May and June being c.15% higher than the same months in 2018. FENSA installation statistics for the first half indicate that the market has declined in volume by 8.2% versus H1 2018… The group continues to improve its margins and operational KPIs versus the prior year and has delivered good progress during H1”. Having reached more than 90p again in May, the shares though currently remain around 66p…
“UK focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market”, Safestyle UK (SFE) has updated commencing; “Following the progress made during H2 2018 in stabilising the business, phase two of our turnaround plan is now well underway. Our focus for phase two continues to be on recovering volumes and market share, restoring our operational effectiveness, reducing our costs and enhancing our margins. We remain on track to conclude this phase at the end of 2019 and then plan to move into phase three in 2020 which has a primary focus on accelerating our growth”. Sounds decent enough – and the shares have currently responded… er, to below 80p; circa 15% down!…
Early this year we showed Shorted AIM shares at the start of 2018. After the latest month, how's performance?...
Shares in Safestyle UK (SFE) are currently approaching 30% higher today, above 70p, on the back of a “Commercial Agreement” announcement…
Early this year we showed Shorted AIM shares at the start of 2018. After the latest month, how's performance?...
I recorded this on my last night in Greece. As you listen I shall be starting the trek back to Bristol. I appeal to those yet to donate to the Woodlarks charity walk by myself, Lucian Miers and Brokerman Dan to donate HERE - we are at 69% of our £20,000 target and every cent pledged will make a difference. Thanks to a reader for spotting a court case involving Safestyle (SFE) which is utterly shocking - I reckon this makes the stock uninvestable. I then take issue with the analysis of a City pal of Chris "three brains" Bailey on the matter of fraud.
I shall soon be on my first training walk in the 34 degree Greek heat. This is just a short five miler but on Friday I plan a 12 mile plus stroll of which the first five miles is solidly uphill. For that surely you can donate a tenner to the Woodlarks charity walk appeal HERE. In today's bearcast I look at MySquar (FRAUD) where I have breaking news, Audioboom (BOOM), Johnston Press (JPR), Safestyle (SFE), Telit (TCM), Conroy Gold (CGNR) and Indivior (INDV).
In May Safestyle UK (SFE) was “pleased” with an interim legal outcome and the shares bounced above 60p. However, I concluded there remains a raft of uncertainty meaning I wouldn’t want to own the shares - and continue to avoid. Today a trading update…
With its shares down from above 300p less than a year ago to below 56p, Safestyle UK (SFE) “announces the granting of awards under the Safestyle UK plc 2017 Performance Share Plan, to certain executive directors of the company”!...
Previously writing on Safestyle UK (SFE), it was “pleased” with interim legal outcome… but clear challenges remain - this with interim court orders “preventing Safeglaze UK and certain named individuals from undertaking various actions, and an order requiring them to provide specified documents to Safestyle”, though I noting this all follows ANOTHER profit warning last month – which noted “intensified” new competitor (i.e. Safeglaze) activities, with also market and operational challenges. Now an announcement entitled “Discharge of Loan and Security”…
Shares in Safestyle UK (SFE) have currently bounced above 60p on the back of an “Update: Filing of Legal Claim & Directorate Change”…
Early this year we showed Shorted AIM shares at the start of 2018. After the latest month, how's performance?...
Previously writing on Safestyle UK (SFE), I noted health & safety issues adding to clear challenges the company already faces and dividend worry. There’s now ”Trading Update and Directorate Change”…
Previously writing on Safestyle UK (SFE), “the leading UK-focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market”, last month it was lower profit on lower revenue, but a maintained dividend. Now an HSE Court Case Update…
Early this year we showed Shorted AIM shares at the start of 2018. After the first quarter, how's performance?...
Its shares having fallen from more than 300p less than 9 months ago to 90p, Safestyle UK (SFE), “the leading UK-focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market”, has announced 2017 calendar year results…
Around eleven months ago, it was suggested to bank profits in windows and doors retailer and manufacturer Safestyle UK (SFE) with the shares around 300p. I then noted my wariness of the valuation in relation to prospective earnings much enhanced at around 290p HERE and further cautioned at 225p HERE, 170p HERE and 164p HERE. The shares closed yesterday at 152p and today a further Trading Update…
Previously writing on Safestyle UK (SFE) just over 3 months ago, it was hopefully my warnings were heeded as now a “material” profit warning. Despite slumping to below 170p, I concluded that until there are at least signs of some stability, I’ll certainly continue to avoid. Now a further Trading Update…
Hopefully my warnings were heeded – on the previous update on trading from Safestyle UK (SFE) I concluded the announcement and continuing outlook saw me continue to remain bearish. Now there’s a further “Trading Update” including “we now expect full year 2017 group revenues to be flat year on year. At the same time, our efforts to drive order intake are incurring additional costs, thereby adversely affecting the group's margin performance, and leading to a material impact on full year profits”. Uh oh…
Safestyle UK (SFE) is a former successful share tip – on which the stance became bank gains and sell earlier this year at around 300p at a time the company noted “macroeconomic factors have introduced an element of uncertainty into the general outlook for RMI demand”, though that “our proposition is resilient”. The following updates with the shares currently circa 12.5% lower on the day, at around 225p, on the back of a “Half Year Trading Update” announcement…
PVCu replacement windows and doors company, Safestyle UK (SFE) was a January 2016, 245p offer price recommendation on the Nifty Fifty – on which we suggesting banking profits at approaching 300p in March. The shares reached a more than 320p close yesterday, but are currently heading back towards 290p on the back of an AGM trading update…
Safestyle UK (SFE) has announced “record results” for 2016 and that it “is well placed to continue its progress in 2017”. But…
Safestyle UK (SFE) has announced results for the first half of 2016 and that it“remains confident of making further progress and delivering a full year outturn in line with management expectations”.
Brexit vote fallout saw shares in retailer and manufacturer of PVCu replacement windows and doors, Safestyle UK (SFE) decline from more than 260p towards 200p, before recovering towards 240p. The recovery has now been further aided by a half year trading update.
Shares in Safestyle UK (SFE) are heading further higher on the back of an AGM update including that “the group's new financial year has begun very well” and that it is “confident that the group will deliver excellent results for 2016”.
Leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, Safestyle (SFE) has announced results from a“record” 2015 and that so far this year “order intake has been significantly ahead of the same period in 2015 and the board looks forward to further progress in 2016”.
Investment Case: Safestyle UK (SFE) listed on AIM in December 2013 at 100p per share and has since performed well, the shares soaring to over 270p early this year. They are now however back to a current 256p offer price and a recent positive trading update suggests that they offer, particularly Income, value here - and so this is our latest Nifty Fifty share tip.
Shares of Safestyle (SFE) look to be living up to their name in terms of the technicals currently. This is said in the wake of the latest rebound for the stock at 210p, interestingly enough, a penny above the 200 day moving average. So what might this mean for the share price?
It can be seen from the daily share chart of Safestyle (SFE) UK that the share price action trace has oscillated between bullish and very bullish, with the latest summer setup appearing to be particularly positive.
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