Updates

SDI Group

January 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.

Latest H1 shows sales up 2% to £32.3m but this was against last year, which had been boosted by the very large profitable COVID-related camera orders in Atik (representing sales of £6.4m), so clearly the 18% organic decline was made up by 20% acquisition growth from LTE and FAST. Pretax profit decreased to £3.7m from £6.5m with eps decreasing to 2.7p. Net debt was £13.2m. Trading has been mixed over the period with the company noting that over-ordering of the past three years has now led to destocking as customers rebalance to a more normalised economic environment. Sales in Sensors & Control were 40% higher at £26.8m (organic growth of 6.7%) but fell by 57% to £5.4m in the Digital Imaging segment, with Atik Cameras’ major gel ...

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SDI Group (December 2023)

SDI Group (September 2023)

SDI Group - Largest acquisition to date (November 2022)

SDI (September 2022)

SDI Group - Two more acquisitions (May 2022)

SDI Group (January 2022)

SDI Group (July 2021)

SDI Group - Shares jump 58p on month; gain 710% (March 2021)

SDI Group (January 2021)

SDI Group (December 2020)

SDI Group (September 2020)

SDI Group (May 2020)

Scientific Digital Imaging - Buys Chell for 5.5x operating profit (January 2020)

Scientific Digital Imaging (August 2019)

Scientific Digital Imaging (July 2019)

Scientific Digital Imaging (May 2019)

Scientific Digital Imaging - OEMs driving rapid sales growth at Atik, Sentek and Graticules (March 2019)

Scientific Digital (January 2019)

Scientific Digital Imaging (October 2018)

Scientific Digital Imaging (August 2018)

Scientific Digital Imaging (February 2018)

Scientific Digital - Bolt-on acquisition (September 2017)

Scientific Digital Imaging - Shares break sharply higher following last months tip (March 2017)

Scientific Digital Imaging (February 2017)

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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