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SigmaRoc - Cluster buying by directors

December 2022

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.

The shares bounced thanks to cluster buying by directors and interim results, which were strong. These showed revenue nearly trebling to £247m, EBITDA of £47.6m and pretax profit rising 234% to £29m following the transformative acquisition of Nordkalk. EBITDA margin of 19.5% was ahead of management's expectations, with effective pricing and ongoing efficiency initiatives mitigating the inflation.Justifying its “buy & build” strategy it said “performance improvement programmes, which have enhanced throughput and utilisation, commercial terms, increased materials reserves, and de-bottle necked capacity are expected to realise EBITDA benefits of £5m in 2022, with significant further scope in 2023 and beyond” while “average underly ...

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Sanderson

UP Global Sourcing

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 - 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 (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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SigmaRoc - Cluster buying by directors

December 2022

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