Updates

SDI

September 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.

Since my last update, SDI has acquired LTE, a manufacturer of sterilization, decontamination and thermal processing equipment, used in the life science and medical market sectors. SDI has paid c.£5.5m for the business, which had sales of £6.4m and EBIT of c.£0.4m in FY21; excluding a property and cash of £1.3m, which comes as part of the deal, this equates to 6.4x EV/EBIT.The acquisition has been funded from borrowings (as SDI only held £1.1m net cash at 30 April). The acquisition goes some way towards filling the gap from lower than expected sales from SDI's Atik division this year and Finncap has nudged up its forecast to pretax profit of £11.9m and eps of 9p for the current year. Tipped at 21p in ...

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Lookers - Cash and property of 95p versus share price of 79.5p

Tremor - Buys Amobee DSP for US$239m

SDI Group (January 2024)

SDI Group (December 2023)

SDI Group (September 2023)

SDI Group - Largest acquisition to date (November 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.

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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