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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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SigmaRoc

December 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.

  • Epic Code:
  • SRC
  • Price:
  • 50p
You might expect a business like Sigmaroc, a “buy and build” owner and operator of quarries in the UK and Europe, supplying bluestone and limestone as well as other aggregates and ready mix concrete, would have been battered, given the housing market downturn. However, it’s held up pretty well with trading in line with expectations. Third quarter figures showed revenues up 7% like-for-like, largely thanks to a 11% price increase with volumes sold falling 4%. Softer residential markets have been offset by robust infrastructure and industrial minerals activity, but the main highlight was EBITDA margins improving from 20% to 22% as a result of organic improvement projects and some easing of energy costs. SigmaRoc continues to ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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