Ive just come across this one in the last few days and have been very impressed by what I have seen so far. Hardly had a mention in the market world and floated middle of last year.

As a good and proven management team , looks cheap on fundies and is acquiring quality bolt ons in the fragmented market it serves.

Chart looks very sound and the company is profitable.

Fundies are...

P/E of just over 14 to end of Sept 2007 and a P/E of just over 11 and a PEG of 0.5 to end of sept 2008.

Looks very much like a new Worthington Nicholls.

Very similar to the admission document...

http://www.investegate.co.uk/Article.aspx?id=200606230700300600F

Web site.....

http://www.silverdell.co.uk/homepage.asp

Chart.



DYOR.

Growth Company Investor recommending it Friday evening...

Silverdell - SPECULATIVE BUY
Companies: SID
04/01/2007

Chaired by astute Marwyn Capital mover and shaker David Williams, Silverdell reversed into Bow Lane Capital last July. Another consolidation vehicle from the Marwyn stable, Bow Lanes brief when floated on AIM last April was to scout for deals in the fragmented environmental services sector.

Summer acquisition Silverdell looked a savvy first move, being a leading asbestos remediation business working for FTSE 100 ventures as well as central and local government. A significant portion of revenues are underpinned by framework deals, and growth to date has been purely organic. Legislative changes within the industry and the AIM quote should help yield new customers and more sizeable work, since only the highest standards are accepted for the bigger, more complex asbestos projects.

Just before Christmas, the highly complementary acquisition of profitable asbestos and environmental consultancy Redhill Analysts was announced. Capped at 10m, this cash and shares deal turned the group into a rounded asbestos services provider well placed to further consolidate a sector growing at 25% per annum.

Maiden preliminary figures for the group, reflecting a short 27-week period from March 2006 to 30 September and including a mere ten-week turn from the Silverdell business, revealed sales of 6.05m and pre-tax profits of 93,000.

While it is early days, in our view it is worth joining the likes of Williams (8.8%), and the astute F&C Asset Management (4.66%) on the shareholder list, with more exciting acquisitions sure to come.

James Crux
Market cap: 39.45m
PE Forecast: n/a
Share price: 122.5p

Silverdell PLC
08 January 2007


Silverdell PLC (the 'Company')


Holdings(s) in Company


8th January 2007


The Company has been advised that Man Financial Limited (MFL), have a beneficial
holding of 1,394,166 ordinary shares in the Company. This represents 4.33% of
the issued share capital of the Company.



This information is provided by RNS
The company news service from the London Stock Exchange

Ticking up.

Reminds me very much of Worthy Nichs business model this one.

I hope it can go on and replicate WNGs performance.

I hold a few of these (very few - merely to mop up a tiny cash balance that was doing nothing)

I think we are going to see some very decent growth here Juzzle.

looks to be worth getting into purely on the basis of making the trend one's friend.

Id love to see you in here ST just as an online bud.

You know your stuff and thats for sure.

Reading your past posts you know your stuff.

Your a good freind.

Ill send you a PM.

Cheers GF.

A fantastic little company .............

My tip for the top 2007 but after MYHOMES International. MYH.

Well, GF, after a glowing accolade like that, how can I refuse your invitation?

Will stick both SID and MYH on the watchlist - I'm not sure when I'll next be churning my portfolio but am certainly always interested in new prospects for my shopping list. (Note to self: I have to do some serious digging around on Plus stocks as well . . . )

Blimey I say that and its dropped a penny today, aghhhhhhhhhhhhhhhhhhhhhhh.

Chuckle - after recent performance, that's scarcely surprising, and not exactly a disaster, either!

And so as MYH agHHHHHHHHHHHHHHHHHHHHHHHHHHHH.

A nice turn around and ito the blue we go.

Still cheap on a forward P/E of just over 14.

I reckon a quality company in a niche area like this would be fully valued on a P/E of double that, so that would indicate a SP target of 250p ish.

I was in early today - limit buy triggered first thing.

The story is covincing enough for me to stick it in the speculative section of the SIPP.

;-))

PS - Timing's probably crap, but hey .............

Glad to have you aboard Big Al.

GF - this is a little close to home, forgive the pun, but I'm doing work on the house and it looks like I may need the services of such a firm in the future. I'm probably not the only one out there and I took a quick look around their website too.

My natural instinct is to trade, but with the recently opened SIPP, I'm looking to take longer term punts in smaller size. They look like an outfit that fits the bill.

Al

Sure do Big Al and from the admission document..

The Directors and Proposed Directors believe that Silverdell
has the following strengths:


Brand and reputation: which provide a competitive advantage in an
industry which is both highly regulated and subject to increasing legislation/ litigation


Experience and track record: given the fragmented nature of the market,
only a few participants have the expertise and infrastructure to take on
major projects


Scale and geographic coverage: which enable Silverdell to continue to
capture nationwide contracts as well as providing a strong platform for
market consolidation


Health and safety record: of critical importance when winning new
business and difficult for competitors to replicate


Industry representation: which allows Silverdell to be at the forefront
of developments within the industry


Blue chip customer base: underpinning revenue and enabling Silverdell to
operate at the higher end of the market with the associated contract
premiums.

Interesting facts about the market.....

Uncertainty also surrounds the longevity of the market, although expectations
are that asbestos removal will peak around 2020, with 85 per cent. of all
asbestos having been removed by 2050.

It is believed that around 80 per cent. of the UK commercial and industrial
property stock have a high risk of containing asbestos, necessitating ongoing
asbestos management and potential remediation.ENDS.

Just shows what a massive market this is.

Large market with barriers to entry to overcome for competitors.

I like it! ;-))

Big Al,

I rate this one very much as high as Worthy Nics.

The fact is that its a niche with associated high margins.

Ive pumped over a 1/4 tr million grand in WNG .

Im aiming for about the same or more in this.

Thats just how high I rate it.

Yes it could go all wrong, but again it could all go right.

DYOR. And by that I dont mean to put you off.

"Already identified opportunities for further complementary acquisitions".

Words taken from the CEO before the acquisition of Redhall.

It looks to me like we have more to come.

AND

The Directors and Proposed Directors believe that the industry is highly
fragmented, particularly as regards the regional providers, which presents a
significant opportunity for industry consolidation on a nationwide basis. The
Directors and Proposed Directors estimate that the Silverdell Group had
approximately 5 per cent. market share in 2005 based on its turnover when
compared to estimates of the market size.

gf

Fundies not my strongest point, never has been, but you sometimes look at something and think the odds are better than many other places. ;-))

Certainly BIG AL,

forward P/E of just 14. I think that will be easily beaten anyway.

This is a fact and its a plus for the sid business....

The Silverdell Group has a business division focussed on the rail sector, is
approved to work for Network Rail and has full 'Link-up' accreditation (the
accreditation required to work within the rail industry). The Silverdell Group
also has framework agreements with London Underground service providers

Fine looking chart..

A nice tick up today. I keep telling you this is another Worthy Nicolls.



You wont listen but its the truth.

GF

I picked this up from the other place. Anything to worry about?

MS


Stegrego - 4 Jan'07 - 22:35 - 53 of 76


This paragraph from the above doc does slightly bother me

'The HSE believes that for most work with asbestos this will maintain the status quo; however, the HSE is proposing to consult further on whether work with asbestos-containing textured coatings should be removed from the licensing
regime altogether. If that were to happen, licensed contractors such as
Silverdell could be exposed to competition from unlicensed contractors for such
work.'


It seems that the new Asbestos Regs 2006 http://www.hse.gov.uk/asbestos/regulations.htm
did infact bring in the changes re coatings etc, such that:

Work is only exempt from licensing if:

the exposure of employees to asbestos fibres is sporadic and of low intensity (but exposure cannot be considered to be sporadic and of low intensity if the concentration of asbestos in the air is liable to exceed 0.6 fibres per cm3 measured over 10 minutes); and

it is clear from the risk assessment that the exposure of any employee to asbestos will not exceed the control limit; and

the work involves:
short, non-continuous maintenance activities. Work can only be considered as short, non-continuous maintenance activities if any one person carries out work with these materials for less than one hour in a seven-day period. The total time spent by all workers on the work should not exceed a total of two hours. [i]

removal of materials in which the asbestos fibres are firmly linked in a matrix, Such materials include: asbestos cement; textured decorative coatings and paints which contain asbestos; articles of bitumen, plastic, resin or rubber which contain asbestos where their thermal or acoustic properties are incidental to their main purpose (eg vinyl floor tiles, electric cables, roofing felt) and other insulation products which may be used at high temperatures but have no insulation purposes, for example gaskets, washers, ropes and seals.
encapsulation or sealing of asbestos-containing materials which are in good condition, or
air monitoring and control, and the collection and analysis of samples to find out if a specific material contains asbestos.



Overall i cant see this being a huge hit on turnover though - anyone else got any thoughts?

Hi Mickey good point one that I replied to on that board before the little hitler in admin who dislikes me removed my post.

The reference is from the admission document refering to the license for 'TEXTURED COATINGS', a minimal amount of the bigger asbestos removal picture.

I personally have a stake in a private business in the property renovation market and beleive me as soon as asbestos removal is mentioned would be contracters take off, they just dont want to know about it. Theres not enough skilled knowledgable people in the industry plus they also fear envoiremental health bodies slapping a huge fine on them if they dont come up to standard.

They just dont want the work.

Interesting to note aswell from the admission document the following......

In addition, the Directors and Proposed Directors believe that there are strong
barriers to entry to the industry,, in particular:

(a) a customer requirement for reputation and credibility, which offsets low
start-up costs;

(b) scale and a full service capability - critical if a provider is to have
full access to the market;

(c) a track record - a pre-requisite for cost effective insurance cover, among
other things; and

(d) the hazardous nature of asbestos and litigation risk. ENDS.

Sure the representative body may relax license laws on textured coatings, but is it going to hurt SID?, I very much doubt it will cause one jot of a problem.

cheers GF.

Its interesting to note that.......

Silverdell is a prominent member of ARCA and is represented on the Governing
Council and Technical Committee. The Directors and the Proposed Directors (which
terms are defined under the section entitled, 'The Board' later) believe that in
a market where clients are heavily focussed on brand and reputation, not only
does this enhance the Silverdell Group's credentials, it means that it can
actively participate in developments within the industry.


Silverdell has also innovated, developing technologies to record and monitor
removal works using audiovisual equipment (which the HSE intend to make an
industry standard) and introducing on-site self-auditing, a process now adopted
as good practice by ARCA.

A few opportunist buys today and who can blame them.

One to watch.

Positive this morning.

Should help within the industry...

Silverdell has an excellent health and safety record amongst its industry peers.
Adherence by the Silverdell Group to high standards of health and safety are
recognised within the industry: a senior employee won the Asbestos Removal
Contractors Association ('ARCA') Supervisor of the Year award in 2003 and
Silverdell currently holds the ARCA Regional Award for Training (South East). In
2006 Silverdell also received an award from the Royal Association for the
Prevention of Accidents ('ROSPA'). ROSPA awards companies who show a commitment
to the prevention of accidents within the workplace by the installation of
systems and procedures that empower employees to work in a more knowledgeable
manner when it comes to health and safety

Looks ready to tick up.

Nice to see buyers moving in here today and the increase in SP.

GF, hope this one is better than your short position on SOLA at 180. Bit of a stinker that one.

salford, GF's comments and advise, firstly, have always been to bring our attention to a particular share in good faith, and are usually always followed by his, but please research it fully yourself.

I know of no short position on sola.

Anyway back to this one, strange SP action today on what looks like more buys than sells.

A bit of momentum behind this one over the last few days.

The city havent caught on yet.

No tip sheets following it therefore no lemminns in yet.

Legislative driven high margin work.

A niche player in an industry and product most dont wont to touch............ NICE.

A bit of momentum behind this one over the last few days.

The city havent caught on yet.

No tip sheets following it therefore no lemmings in yet.

Legislative driven high margin work.

A niche player in an industry and product most dont wont to touch............ NICE.

The
Directors and the Proposed Directors believe that there are two main drivers for
the recent growth within the industry:


1. Legislation


Although legislation in relation to asbestos was first introduced over 20 years
ago, the principal legislation is contained within the CAWR.


In particular, Regulation 4 of CAWR introduces the concept of a 'duty to manage'
asbestos within non-domestic UK premises, creating an obligation to assess and
manage the risks from asbestos and ACMs within relevant premises. Broadly
speaking, non-domestic premises are defined as commercial and industrial
buildings as well as the common parts of public and social housing.


In practice, this necessitates the identification of asbestos and ACMs through
the conduct of surveys, the introduction of asbestos management plans and
regular audits to assess the stability of asbestos and its remediation as
appropriate e.g. prior to demolition or major refurbishment work.


In late 2005/early 2006 the HSE published a consultation document that sought
views on draft Regulations and an Approved Code of Practice to implement
amendments to the EU Asbestos Worker Protection Directive 83/477/EEC and other
changes to the existing asbestos regulatory framework. The HSE proposes to
repeal the CAWR, the Asbestos (Licensing) Regulations 1983 and the Asbestos
(Prohibitions) Regulations 1992 and to replace them with a single set of
regulations. One of the legislative changes proposed in the consultation
document is to adopt a risk-based approach to defining work with asbestos or
ACMs which will be exempt from the requirement to obtain a licence from the HSE.
The HSE believes that for most work with asbestos this will maintain the status
quo; however, the HSE is proposing to consult further on whether work with
asbestos-containing textured coatings should be removed from the licensing
regime altogether. If that were to happen, licensed contractors such as
Silverdell could be exposed to competition from unlicensed contractors for such
work.


2. Litigation


As the incidences of asbestosis (scarring of the lung) and mesothelioma (cancer
of the lung lining) have gradually risen so have the number of asbestos-related
claims. Asbestos accounts for over 3,500 deaths each year and is the UK's
biggest single cause of work-related deaths. In 2005, the insurance industry
paid out 205 million in asbestos-related claims and the actuarial profession
has warned that the cost of asbestos claims in the UK could reach 20 billion in
the next 30 years.


The Directors and proposed Directors believe that rising claim volumes are
likely to encourage employers in particular to manage asbestos appropriately.
The current mortality rate from asbestos-related diseases is expected to rise
until around 2011-2015. There is also an appeal before the House of Lords in
respect of a number of cases in which the claimants are seeking damages for
pleural plaques (benign scarring of the lung tissue caused by exposure to
asbestos fibres). The Court of Appeal ruled that pleural plaques do not
constitute an injury and therefore do not attract compensation. If the House of
Lords reverses the Court of Appeal's decision and rules that compensation should
be paid for pleural plaques this may increase employers' concerns to manage
their asbestos risks appropriately.

Could be a smal tick up coming.

A few stats for the fundies followers here...

At todays market SP of 128.5p

Forecast P/E of 12.9

Price to Revenue Ratio of 1.5

Price to Book Ratio of 2.1

Net Operating Margins of 16.8%

Buyers coming in this lunch time, no sells to date.

Are we rich yet, gf? ;-0

Certainly not on this one, but Ive got patience bundles of it.

Im sure in the end value will out.

Indeed. No panic. ;-)

Glad you made a contribution, Big Al, I thought this thread was becoming a tad monologic

Oh no! We need to be careful if hushpuppy is into these, gf. Just joking, John. Howzit?

SID look well set BTW. Stuck 'em in the SIPP for a few years hopefully

Nice to have a bit of banter on this thread LOL.

Still muddying around Al, currently in my second year on Nexen's Scott Platform. Its okay apart from the excessive stair climbing. You must be getting old, isn't a SIP a tad long term for you. Seriously though I nearly got into these after I sold out WNG just after the start of the year. Got into them on day one so profits were pretty healthy. Split money into Tanfield at 58p and GKN at 278p instead so I can't really complain. However these are still on the radar and now that I've found out that gf isn't in effect the only investor who knows?

Oh Al, are you still pointing bits of metal at distant targets (and sometimes getting there :-) )

John - gave up the pointing bit a couple of years back. If in doubt become a Drill Rep on dayrate. You know it makes sense ;-)) Hence SIPP move. ;-0

Anyway, you made a few good moves there. Better than BPRG, TRK and TDM (if I remember!)

Anyway lads, patience please.

If you are not confident then please sell your stock.

The fact is I beleieve when others get caUGHT ON that this will bomb.

OK at the moment its rather quiet, and if stock momentum pickers know what they are doing.............................. THEY WILL BUY.

Don't panic, gf. I'm going nowhere. ;-))

Great to see, I think I had one to many tinnies last night celebrating a pals birthday.

AAAAAAAAAAAAAAAAAAAAAAAgh, my head.

Looks like one big institution as taken a profit.

No doubt we will get an RNS.

Great to see, I think I had one to many tinnies last night celebrating a pals birthday.

AAAAAAAAAAAAAAAAAAAAAAAgh, my head.

Looks like one big institution as taken a profit.

No doubt we will get an RNS.

Ticked up this afternoon.

Breaking up now, excelent.

;-)))

Great looking chart but David Williams does seem to have been round a lot of companies.

I notice after following the link above to the reverse takeover document that they mention his link with Waste Recycling (which was years ago) but fail to mention his more recent connection with IFTE (whatever happened to them ???).

Spoke to him a couple of times when he was at IFTE , very approachable but talked a better story than he delivered , luckily I did ok but others were less fortunate.

Good luck.

Now then, now then.

Digital Look are showing new revised Broker figures UPGRADED.

To 30th of Sept 2007 EPS of 10.0p P/E of 13.2 On todays SP of 131.5p

To 30th of Sept 2008 EPS of 11.8p P/E of 11.1 and a PEG of 0.6.

I think the previous figures were a P/E of 14.7 and 12.9 on a SP of 128.5p.

NICE.

You know you want to be in them, Dil. ;-)) Fiver by Xmas?

Can't fault the chart Al :-)

And its positive again this morning.

Im just wondering if it was the new Broker upgrades that have stimulated clients of the broker to buy the stock?.

Indeed Dil. Could do with a bit more "verticality" though. ;-)))

certainly looking good, great tips GF, unfortunately last week took some profit on WNG after their strong run, thought we'd see them drop a little but like this one they just keep on going up and up.

And dont forget steveo new revised and updated broker figures.

Further buys coming in this afternoon, on a momentum roll now.

Really starting to get its act together and on a P/E of just over 13 way undervalued for a market leader like this one.

Any news in the investors chronicle on this one over the Broker upgrades?.

What a fabulous chart patten.

It is indeed and my thanks to GF for alerting me to this one.

Looks like a short to me.

;-0

If its a short Big Al, no problems fair enough.

Lets see how things develop.

Best of luck.

gf - just joking. ;-)))

Cheers AL.

Good start to the day. ;-)

Yep its certainly sprung to life over the last week, mind its still derd cheap on a prospective P/E of 14 and sizzling EPS growth predicted.

Good end, big volume. ;-0

Yup good end and glad to see some decent volume in this one.

A positive start to the day.

Sound looking chart..

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;-)

Al,
If you are to progress as a rep, you will need to practice your usage of letters as well as your dubious use of punctuation marks

That's what you think. LOL!

Presumably :-) = ROP of 500 ft/hr and :-)) = ROP of 1000 ft/hr. I've heard of tight hole buts thats ridiculous. Perhaps you should post on some of the oil shares as your code made lead to offer of higher things.

Further aquisitions on the way I reckon...


David Williams, Chairman of Silverdell Plc, said: "Redhill Analysts is one of
the leading asbestos consultants in the UK, with a strong brand, a blue chip
customer base and a highly experienced and respected management team. This
acquisition brings a leading consultancy business to complement the existing
Silverdell remediation business, providing us with a dual platform from which to
become the leading UK asbestos services provider. It also represents the first
step in our stated strategy of consolidating the fragmented asbestos services
industry, which we estimate has experienced an annual growth rate of
approximately 25 per cent since 2002 driven by legislation and the threat of
litigation."

AND..

from the year end results outlook statement...

The performance to date and prospects for the current year are very positive.
Not only are customer renewal rates at a highly satisfactory level but many new
customers are looking to work with Silverdell. Our order book for the normally
quiet winter months is at a level above that expected. While it is too early to
take this as a firm indicator for the rest of the year, nevertheless it is very
encouraging.

Trades on a forward P/E of just over 14, far too cheap.

Quiet morning so far.

A positive start to the day.

Just turned positive.

Trades on a prospective P/E of just 12.7 to sept 2008 and a PEG of 0.7, very cheap.

Are we even richer yet, gf? ;-))

My short idea was wrong. Good job it was tongue in cheek - I could've made a t*t of myself again. LOL!

Anyway, here's to 2 quid by Easter, what? ;-0

Big Al just waiting for another bolt on and these'l fly.

Have joined you guys today with a few locked away in my SIPP. It seems to have all the ingredients of a major success story long term.

Glad to have you aboard SC.

Topped up in these this morning, way undervalued.

Glad to see good old SID on the move up when all around is falling.

Forward P/E to 2008 just over 12 far too cheap for a industry leader and a niche player.

Well up today after the market sell off, yesterday.

provides an opportunity for those who didnt get in first time to purchase now.

These are certainly over sold.

Im wondering if they are going to drop further so I can load up.

Forward P/E to 2008 must now be circa of 10 or less.

An addition is in my sights too after today's drop. Difficult to read only 2 MMs though. ;-0

price movement on that low a volume is just out of order, keep it going and I will be in, pawn my car I think, should walk to work but I'm a lazy sod these days.

Any buying will bring big shift up again, calling the bottom is the tough bit, will the market settle or continue down, I'd expect funds to start to turn bullish for the short term again, but you never know.

either way as papal has pointed out fundies are now even better and its a growth story.

Keep aneye on the Asian markets this evening,

Added

me too

The general sell of as left this one with a forward P/E of just over 13 to end of sept 2007 and a forward P/E of just over 11 for the following year.

Very cheap.

Way too cheap.

If we get another acquisition aswell these should fly.

Large 100,000 buy gone through.

News

Silverdell gets official UKAS recognition
9/3/2007

The UK Accreditation Service, UKAS, has given its accreditation to the inspection and sampling methods employed by Silverdell UK Ltds Surveying Department for their asbestos surveying activities, complying with International Standard ISO 17020.

The accreditation has been awarded for the methods used to carry out Type 1, 2 & 3 asbestos surveys in residential, commercial and industrial premises.

This prestigious accreditation compliments the ISO 9001 systems already in place at Silverdell, but is specific to the surveying activities and will provide our Clients the reassurance of high quality surveys and comprehensive survey reports incorporating practical solutions for both the Management and Remedial aspects of compliance with the current Control of Asbestos Regulations 2006. For those Clients who have undertaken surveys in the past, Silverdell can provide all appropriate documentation and advice for compilation of a suitable Asbestos Management Plan for the future management of all asbestos issues.

Operating with a flexible database system for data collection and report production, our system can incorporate information from a variety of different sources and applications.

Our Survey Department can provide a fully impartial assessment of our Clients needs to ensure, wherever appropriate, the complete Asbestos Solution.

:-)))

I wonder if thats why we got the rise on Friday and quite a bit of volume.

A solid start to the week.

Recovering immediatly after the general market sell off.

Just ticked up.

Nice to see these with a spurt up today.

Way undervalued.

Starting to look like a really nice bull flag. We'll see. ;-)

Fingers crossed hoping so.

Strange that these are down today on the evidence of the trades so far.

Might be a sell order coming up.

Ticking up.

Hoping thats a new all time high.

Breakout.

Certainly.

New high at almost 50% higher volume than the 30-day avg. Good sign IMO.

Yep TA looking very sound...

tock

On a healthy run at the moment.

Anyone know when results are due?.

tick

Tick tock, tick tock

Indeed! ;-))

Nice day guys.

Really is in the grove.

At last I'm in profit :-)

(Bought at the previous high!!)

A lot more to go here I reckon SC.

News on AGM..

Silverdell PLC
02 April 2007



Silverdell Plc - Annual Report and Accounts


TIDM SID

Silverdell PLC
2 April 2007


Silverdell Plc ('Silverdell' or the 'Company')
Annual Report and Accounts 2006

Silverdell announces that printed copies of the Annual Report and Accounts for
the year ended 30 September 2006 were distributed to shareholders on 2 April
2007 together with the notice of Annual General Meeting and form of proxy. An
electronic copy of the Annual Report and Accounts 2006 will shortly be available
on the Company's website (
www.silverdell.co.uk
) and in the meantime will be
available free to the public from the Company's registered office at 20 Black
Friars Lane, London, EC4V 6HD.

The Company's Annual General Meeting will be held at 10.00 a.m. on 17 May 2007
at the offices of DLA Piper UK LLP, 3 Noble Street, London, EC2V 7EE.

For further information, please contact:

Silverdell Plc
David Williams, Chairman
0207 248 0802

Collins Stewart
Simon Atkinson
0207 523 8000

- End -

Prospective P/E of just over 16 to end of September this year dropping down to 13 next year and a PEG of 0.8.

Still looks good value.

Silverdell PLC
04 April 2007


Silverdell Plc ('Silverdell' or the 'Company')

Directorate Change

4 April 2007

Silverdell, the leading UK asbestos services provider, is pleased to announce
that it has today appointed Chris Sims as the Company's Finance Director,
effective immediately.

Chris (50) brings over fifteen years of PLC experience from the construction and
support services sectors. From 1999 to 2007 he was Finance Director and Company
Secretary of Brandon Hire PLC, one of the UK's leading tool hire companies.
During Chris's time at Brandon Hire he oversaw the growth of the business from
turnover of 23m to 57m and negotiated and integrated around 20 acquisitions.
From 1988 to 1999 he was Finance Director at Bakers Dolphin (a South West based
travel agency chain) and helped grow the business from a turnover of 20m to
100m.

David Williams, Chairman of Silverdell said:

'As we continue to develop Silverdell it is important to strengthen our Board.

I am therefore extremely pleased to announce the appointment of Chris Sims.
Chris brings with him experience in both the construction and support services
sectors. He has also been involved in many acquisitions which will be of great
assistance as we continue to target other businesses and build on the success of
the acquisitions completed since the listing of the Company on AIM in April of
last year.'

Save as disclosed below, there is nothing further to disclose in relation to the
appointment of Chris Sims under schedule two, paragraph (g) of the AIM Rules:

Current directorships/partnerships:

Bakers Coaches Limited
John Cabot Ventures Limited
Hire Association Europe Limited

Directorships or partnerships in the last five years:

Brandon Hire PLC


Chris Sims beneficially owns 25,000 ordinary shares of Silverdell Plc.

I top sliced this morning

Looks like theyve brought him in to spearhead the acquisitions they have talked about in the past.

Looks very good news.

Agreed

Yes

Ideal time to buy in Id say (well I would) but new FD appointed AGM coming up and this from yesterdays RNS statement re - to the new recruit.....

"He has also been involved in many acquisitions which will be of great
assistance as we continue to target other businesses and build on the success of
the acquisitions completed since the listing of the Company on AIM in April of
last year".'

All points to further expansion and growth.

Started off positive for the week.

Still trades on a cheap P/E of just 13.6 to end of sept 2008. PEG of 0.8

Its a steal.

Nudged up a little more.

RS looks like its time to buy in for th TAers.

Back in the blue again.

Results not that far away, moving up in anticipation.

A slight pull back today and trading on a P/E of just over 13 going into august 2008.

Cheap and I think we may get buying going up to the results.

New coverage Broker note from Edison. makes good reading.

http://www.edisoninvestmentresearch.co.uk/?ACT=18&ID=786

Back to top, because its worth it.

Sound solid results this morning with a confident outlook statement. Looks way undervalued.....

Silverdell PLC
12 June 2007


12 June 2007


Silverdell plc

('Silverdell' or 'the Company')

Interim Results for the half year ended 31st March 2007


Silverdell plc, the UK's leading supplier of asbestos removal and consultancy
services, announces today its first full set of interim results since its
successful flotation on the AIM market in July 2006.


Highlights

* Turnover of 15.6m
* Operating profit before goodwill amortisation and share based payment
charge of 1.8m
* Adjusted earnings per share of 3.5p
* Acquired Redhill Analysts Limited ('Redhill'), completed on 31st December
2006 for a total consideration of up to 10.3m
* Established a unique market position as one of the largest players and the
only consolidator
* Awarded Specialist Contractor of the Year (Asbestos Removal) at
Construction News Awards (May 2007)
* Appointment of Chris Sims as Finance Director


Danny Spicer, Chief Executive, commented:

'We have a first class team and a clear and focussed strategy. During the
period, Silverdell has made significant progress in all areas of its strategy
including the Redhill acquisition. We remain committed to continuing to deliver
on the milestones set out during our IPO, and we look forward to the future with
confidence.'



For further information, please contact:
Chris Sims, FD, Silverdell 020 7004 2744
Jonathon Brill, Billy Clegg, Financial Dynamics 020 7831 3113


Chairman's Statement

I am pleased to report our first full six month results as a listed company. For
the half year ended 31 March 2007 we generated an operating profit before
goodwill amortisation and share based payment charge of 1,836,000 (2006: nil)
and of 1,151,000 after goodwill amortisation and share based payment charge
(2006: nil) on turnover of 15,580,000 (2006: nil). With 35.72m shares in
issue this produces basic earnings per share of 0.8p (2006: 0.0p). Adjusted
earnings per share (as defined in note 5) were 3.5p (2006: 0.0p). The
comparative period covers the one week period from the date of incorporation 24
March 2006 to 31 March 2006 as Bow Lane Capital PLC.


During the period under review we acquired Redhill Analysts Limited ('Redhill'),
a long established and well respected asbestos and environmental consultancy
business. This acquisition completed on 31 December 2006 for an initial
consideration of 8.8m (including costs of 0.5m), plus a maximum deferred
contingent consideration of 1.5m. Its business has the benefit of a broad
service offering with revenue from the cyclical surveying work being
approximately equal to that generated by site supervision and air monitoring.


Our aim in making acquisitions is to combine businesses that will provide our
customers with the most efficient and wide range of services and to eventually
become a 'one stop shop' for all their asbestos requirements.


Both Redhill and Silverdell (UK) Ltd, the business acquired in July 2006, have
performed very well during this period under review and the management and staff
of both businesses should be congratulated on coping with the increased workload
whilst adapting their businesses to life as a part of a quoted company.


The asbestos marketplace continues to provide plenty of work and it is clear
that with regulation creating even greater awareness of the problems caused by
asbestos, the business has a lot more potential to grow during the coming years.
The significant investment made in staff training and health and safety enables
the group to remain at the forefront of our industry, a fact recognised by the
award of Specialist Contractor of the Year (Asbestos Removal) at last month's
Construction News award ceremony.

It is clear that with our experienced and hard working team we expect to see our
company grow both organically and by appropriate acquisitions. We look forward
to delivering our shareholders a good result for the coming six months and
beyond.

New Broker note out, certainly worth a read, just click on the PDF file in top right hand corner of page...

http://www.edisoninvestmentresearch.co.uk/research/category/Silverdell

BBs giving these away at the moment, derd cheap.

ForwardP/E to sept 2008 is 13.5 PEG is 0.3 and increase in earnings per share are forecast at 51%.

TOTAL STEAL, considering its the market leader in a nich business.

Chart needs to hold here IMO, gf.

Never mind the chart Big A, this ones far too cheap and in time Ill be proved right.

Indeed, gf, but I find that to pick your ins and outs by TA really maximises your profits. I know you disagree, but each to his own.

The phrase "fundamentals always out" was destroyed during the tech boom IMO.

Again were going to have to disagree BA as fundies during the tech boom eg, Baltimore Tech trading on a P/S of well over 100 let alone making a profit pointed to the very fact that a BUST was imminent, as was the case with the whole market.

And this was while the TA brigade focusing on their charts were primarly looking at new tops and momentum and suggesting SPs could rise forever.

Anyway still think its far too cheap on a forward P/E of 13 to sept 2008.

Too cheap yes, but she's rolling over so be rpepared for a wee hit. Simple!

Doesnt bother me Al.

Best of luck mate.

I know.

Positive today.

Intriguing. 2 MM's with CSCS trying to push it up, but WINS not budging for some reason. Been watching closer than normal all morning, gf. Strange.

Yep Al, cant get my head around this one.

Mind strange things hapen in the summer months.

Cant wait for a summer hol, im dead on my feet.

You going anywhere nice?.

Just noticed relative strength is saying BUY.

Not that organised really, gf. House renovation / extensions taking priority recently.

Positive 2 page spread in July What Investment - also apparently had article in sister publication Growth Company Investor.
GF your persistence is paying off - well done.

Sheba

Will be interesting to read those Sheba, Ill just check out GCI and if its there yet Ill post it here, thanks.

Nice to see this back in the blue.

RSI looks positive for would be buyers.

Thought TA was crap, gf. ;-))))

I've still got a few of these, although half the original holding.

Itl wake up again Al.

And it certainly as woken up again.

On a momentum run.

and on nil volume today. Hmmm. ;-)

Looks like a cracking deal to me..

Silverdell PLC
01 August 2007

1 August 2007


Silverdell Plc
('Silverdell' or the 'Company')

Acquisition of Kitsons Group Limited ('Kitsons')


Silverdell Plc, a leading UK supplier of asbestos contracting and consultancy
services, today announces the acquisition (the 'Acquisition') of the entire
issued share capital of Kitsons, a well established industrial asbestos
contracting business, for a total consideration of 14m on a 'debt free, cash
free' basis, thereby creating a truly nationwide specialist asbestos services
provider.

The consideration will be satisfied as follows: 4m drawn from an existing
facility with Barclays Bank; 8m from an equity placing of 5.33m new ordinary
shares at 150 pence per share to institutional investors; and 2m to be
satisfied by the issue of 1.33m new ordinary shares at 150 pence per share. The
new ordinary shares issued in connection with the Acquisition and the placing
will rank pari passu in all respects with the existing ordinary shares and are
expected to be admitted to trading on AIM at 0800 on 1 August 2007. Expenses
relating to the Acquisition will be met from existing cash resources.

The audited accounts of Kitsons Environmental Europe Limited, Kitsons's trading
subsidiary, for the year ended 31 December 2006 show turnover of 18.7m (2005:
16.6m), EBITDA of 1.7m (2005: 0.8m) and EBIT of 1.5m (2005: 0.6m). The
consideration of 14m payable at completion represents a multiple of 2006 EBITDA
of 8.2.

Kitsons provides asbestos removal, insulation and scaffolding services to the
nuclear, petrochemical and retail sectors, among others. Kitsons's blue chip
customer base includes an oil major, leading UK utilities, major building
contractors as well as local authorities. Kitsons has a 3 year asbestos licence
and a hazardous waste carrying permit as well as ISO 9001, 14001 and 18001
accreditations. A significant proportion of Kitsons's revenue is underpinned by
long term agreements.

Kitsons has approximately 270 staff and is head quartered in Warrington with
regional offices in Glasgow, Teesside and Birmingham and resident sites at
Aldermaston and Pembroke.

The Acquisition further strengthens the Company's service offering by combining
three leading brands in the asbestos services industry: removal and remediation
in the commercial (Silverdell (UK)) and industrial (Kitsons) sectors; and
asbestos consulting and air monitoring (Redhill Analysts). Following the
Acquisition, Silverdell has achieved its key strategic goal of nationwide
capability which includes a presence in high growth, specialist industrial
sectors such as nuclear.

Kitsons has an experienced operational management team led by Andy Watson, who
will be responsible for the day to day management of Kitsons and for growing and
developing the business. Peter Dolan, the vendor, will remain with Kitsons on a
consultancy basis.

The integration of Kitsons will commence immediately and the Company should
benefit from a number of cost synergies including the sharing of resources,
combined purchasing power and the local sourcing of labour. The Directors
believe there are also significant cross selling opportunities through
leveraging new and existing customer relationships between the three businesses,
which management of Silverdell intend to focus on particularly.

Danny Spicer, Chief Executive of Silverdell, commented:

'This is a very exciting acquisition for Silverdell as it enhances our
capabilities as the UK's leading, nationwide asbestos services provider as well
as giving us access to high growth, industrial markets. In addition, the
Company continues to execute on its strategy to consolidate the fragmented
asbestos services market. Kitsons is an excellent business with exciting growth
prospects and we look forward to welcoming its staff into the business.'





- Ends -



For further information, please contact:


Chris Sims, FD, Silverdell 020 7004 2700
Chris Howard, Ellen Francis, Collins Stewart Europe Limited 020 7523 8317
Jonathon Brill, Billy Clegg, Financial Dynamics 020 7831 3113





Notes to Editors



Silverdell is a leading nationwide supplier of asbestos removal and consultancy
services to both the private and public sectors. The Company was initially
listed on AIM as Bow Lane Capital Plc in April 2006. In July 2006 it acquired
Silverdell (UK) Limited for up to 22.2m, following which it changed its name to
Silverdell Plc. The Company acquired Redhill Analysts Limited, a provider of
asbestos consultancy, survey, air monitoring and contract management services,
in December 2006 for up to 10m.



Silverdell employs nearly 600 staff operating from 15 offices across the UK.
Silverdell (UK) Limited won Specialist Contractor of the Year (Asbestos Removal)
at Construction News Awards in both 2006 and 2007.


This information is provided by RNS
The company news service from the London Stock Exchange

Update...

Forward P/E to 30/9/2008 just a mere 11.5 PEG of 0.2 with projected EPS growth of 64%.

And these figure are without the recent acquisition taken into account.

This stock is far too cheap

From GCI.


Silverdell - BUY
Companies: SID
14/12/2007

The only quoted asbestos industry consolidator, Silverdell delivered encouraging first full year results to September, making pre-tax profits of 2.2m from 38.5m turnover.

Listed as shell company Bow Lane Capital in April 2006, the acquisition of South East-based asbestos remediation outfit Silverdell a few months later laid the platform for this groups expansion in a fragmented and legislation-driven sector. Silverdell has since gone on to make three further acquisitions in line with its corporate brief of creating a nationwide one-stop shop for asbestos services, including removal, remediation and consultancy.

These include Redhill Analysts, a high-margin consultant whose sales arise mainly from asbestos surveys, and Kitsons, a business bringing geographic branch coverage throughout the UK and an 'entr' into the buoyant nuclear and petro-chemical sectors. Post-year end, hotel sector specialist Swift Asbestos was bought in an earnings-enhancing complementary deal. Further select deals acquisition criteria are stringent are a certainty, though management is determined not to overpay.

The original Silverdell business, continuing to foster long-term ties with clients including Shell and Marks & Spencer, drove performance as one would expect, delivering an impressive 370% profits push to 4.6m from 30.5m revenues in another record year, whilst Kitsons made an early contribution. Redhills nine-month 700,000 profits input was a mild disappointment, reflecting a slower than expected summer and investment spend to ensure growth. For 2008, analysts are looking for significantly improved earnings of 12.3p (8.3p), placing the shares, recommended by Growth Company Investor at 160.5p, on an undemanding forward multiple of 12.4. Keep buying.

James Crux
Market cap: 62.04m
PE Forecast: 12.4
Share price: 152.5p

Interesting moves the past couple of days

More volume late on. ;-0

You know shummat we don't Al? :o)

Once more she bubbles under 10p.

Stuck this back of the close watch portfolio and considering a wee punt. High risk still, however.

Trading update this morning seems the best news SID have had in quite some time. Obviously leaked out over the past few days?

Well, I'm in at a suitable size. Two bites at the cherry today. High risk, though, I'll re-iterate that! ;-))

Good volume now.

.... geez your begining to sound like tabby , quid by xmas :-)

Minimum. ;-))))))

I'll also be topping up when it relists on PLUS at 2p. ;-0

lol

Research group Edison values the business at 25p.

Bought more of Silverdell last week - 12.7p Trading on 5x forecasts 2013v earnings which looks to low, since pre-tax profit is forcast to jump by 164% in the financial year to Sept 2013. A key reason behind the significant advance is Mays acquisition of industrial decommissioning-to demolition expert EDS. The first numbers for the enlarged group will be next months full year results (5 Dec) where Silverdale has indicated it will declare a maiden dividend. Analysts are looking for 0.2p for the initial
and 0.4p for the year ending 2013. The latter equates to a prospective 3.2% dividend yield. Much of Silverdell's work falls under non-discretionary spend where clients are forced by health and safety laws to remove asbestos or face hefty fines.EDS will help to improve the groups earnings visibility due to the nature of its contracts. The aquired business expands the groups skills and geographical reach and provides access to a loyal blue-chip customer base.Furthermore,it offers scope to work on higher -margin projects.

Final Results



Financial Highlights



· Revenue up 38% to £82.5m (2011: £59.7m)

· Gross profit up 27% at £20.4m (2011: £16.1m**)

· Adjusted EBITDA* up 51% to £6.2m (2011: £4.1m)

· Adjusted pre-tax profit* up 43% at £4.3m (2011: £3.0m)

· Adjusted EPS* up 7% at 1.5p (2011: 1.4p)

· Net senior debt (excluding lease finance) down £0.5m to £4.5m (2011: £5.0m)

· Recommendation of maiden dividend of 0.175 pence per share to be paid in March 2013



* Before non-recurring items, impairment charges, amortisation and share based payments.

** As restated for the reclassification of certain depreciation charges previously classified as administrative expenses



Operational Highlights



· Transformational acquisition of EDS and associated equity fundraising of £8.5m

· Group is now a provider of end-to-end decommissioning services with world-wide reach

· Contracts secured during the period include:

o Decommissioning / disinvestment contract worth approx. £10.7m in Ontario, Canada

o Dismantling contract worth approx. £2.2m in Quebec

o £0.5m of major retail infrastructure works in the UK

· Commencement of the Magnox framework contract with an initial order for works worth £3.2m

· Streamlined Group structure, delivering operational efficiencies and savings of £1.2m per annum

· Order book up 105% to £219m at 31st October 2012 (31st October 2011: £107m), £97m of which is scheduled to fall in 2013.

· Current trading is in line with the Board's expectations and current level of tendering activity is high

· Q4 trading particularly strong with combined August and September revenues of £24.8m (August and September 2011: £11.6m).





http://www.moneyam.com/action/news/showArticle?id=4497734

Pre-tax profit up 43% for Silverdell

5 December 2012 | 08:12am

StockMarketWire.com - Silverdell reports that revenues for the year ended 30 September 2012 were £82.5m (2011: £59.7m) with adjusted EBITDA of £6.2m (2011: £4.1m).

Operating profit was £1.3m and adjusted pre-tax profit was up 43% at £4.3m (2011: £3.0m), impacted in part by the deferral of certain shutdown and refurbishment works and by some lower margin work undertaken in the company's Consulting division.

As at 31st October 2012 the order book was £219m (31st October 2011: £107m), with £97m scheduled to fall in 2013. Adjusted basic earnings per share were 1.5 pence (2011: 1.4 pence).

At the year end, the Company's net senior debt was £4.5m (2011: £5.0m) with an additional £6m (2011: £0.2m) of asset-backed finance.

During the period Silverdell re-financed with a new, more competitive, three-year term with HSBC, affording the Group reduced overall financing costs, improved covenant terms and a global banking relationship.

We are today recommending a maiden dividend of 0.175 pence per share, which will be paid on 22 March 2013 to shareholders on the register at the close of business on 13 March 2013 and is subject to approval by shareholders at the Company's Annual General Meeting which will be held on 7 March 2013.

At 8:12am: [LON:SID] share price was +0.63p at 13.75p


Story provided by StockMarketWire.com

Profits soar at Silverdell
Wed 05 Dec 2012

SID - Silverdell

Latest Prices
Name Price %
Silverdell 13.38p +1.90%

FTSE AIM All-Share 688 +0.22%
Support Services 5,258 +0.40%

LONDON (SHARECAST) - Specialist environmental support services group Silverdell posted a massive hike in full year profit as it integrates decommissioning and dismantling provider EDS.

Adjusted pre-tax profit soared 43% to £4.3m for the year ended September 30th 2012 while revenues jumped to £82.5m during the period from £59.7m before.

At the end of October the order book stood at £219m compared to £107m previously.

Commenting on the results, Chairman Stuart Doughty said: "This has been a transformational year for Silverdell. We have acquired and are in the process of integrating EDS, secured significant new contracts, and streamlined and strengthened our management structure to give us an international platform for the future."

"We have in place a sound strategy for growth supported by clear and achievable KPIs. Our belief in the excellent long term prospects for the group is underlined by our recommendation of a maiden dividend."

It added that current trading is encouraging and while it is mindful of the challenging global economic condition, it looks to future trading with confidence.

Silverdell, which re-financed during the year with a more competitive three-year term with HSBC, said it has reduced overall financing costs.

Net senior debt, excluding lease finance, fell £0.5m to £4.5m.

The group is recommending a maiden dividend of 0.175p per share.

Slow to move on the results yesterday, moving today.

re-tipped in the IC:

http://www.investorschronicle.co.uk/2012/12/05/shares/news-and-analysis/news-tips-hsbc-tesco-stagecoach-polo-resources-smiths-news-menzies-silverdell-fastjet-more-oebNxwtMalevWlqivdosVI/article.html

Great results yesterday showing with the sp move today.

There was someprofit taking first this morning, now very strong purchasing.

The company trading on 5 x 2013 earnings has been to cheap

Preliminary Results for the Year
Ended 30 September 2012
5 December 2012

http://www.silverdell.plc.uk/images/downloads/Silverdell_Full_Year_Results_YE_30_Sep_12.pdf

Preliminary Results for the Year
Ended 30 September 2012
5 December 2012

http://www.silverdell.plc.uk/images/downloads/Silverdell_Full_Year_Results_YE_30_Sep_12.pdf

Up 7.5%

The shares still remain cheap at 6x forecast earnings. House broker Finncap forecasts pre-tax profits for 2013 of £9.3m, giving EPS of 2.1p, (from £4.3m and 1.3p for 2012)

Still remain very cheap, the house broker has a 23p price target, implying a further upside of just over 50%

Silverdell ?12m decommissioning contract
RNS
RNS Number : 4146V
Silverdell PLC
14 January 2013



Silverdell PLC

("Silverdell" or "the Company")



Silverdell awarded £12 million decommissioning and re-sale contract in Canada



Silverdell PLC (AIM: SID), the Specialist Environmental Support Services group, announces that it has signed a contract with Hydro Québec, Canada's largest electricity generator, for the decommissioning and parts re-sale of its redundant Tracy thermal power plant in a project worth approximately £12 million in revenues to Silverdell.



Under the terms of the agreement, Silverdell will market approximately 37,000 tonnes of re-usable plant, equipment and metals for industrial sale. The Group will then undertake the decommissioning of the power plant, including asbestos removal, dismantling and the sale of the reusable assets.



Work is scheduled to commence in Q2 2013 and is expected to complete within 12 months.



Sean Nutley, Chief Executive Officer for Silverdell Plc, commented:



"A key part of our growth strategy, 'Changing the Landscape', as set out in our preliminary results statement last December, is to leverage our enhanced scale and capability to exploit new market opportunities worldwide. That is exactly what we have done with this contract. The acquisition of EDS afforded us entry to the high value global decommissioning and re-sale market with a project which is ideally suited to our end-to-end service offering."



14 January 2013

Silverdell to decommission Canadian thermal power station
Mon 14 Jan 2013


LONDON (SHARECAST) - Specialist environmental support services group Silverdell has signed a contract with Canada's largest electricity generator, Hydro Québec, for the decommissioning and parts re-sale of its redundant Tracy thermal power plant in a project worth approximately 12m pounds in revenues to Silverdell.

Under the terms of the agreement, AIM-listed Silverdell will market approximately 37,000 tonnes of re-usable plant, equipment and metals for industrial sale.

The group will then undertake the decommissioning of the power plant, including asbestos removal, dismantling and the sale of the reusable assets.

Work is scheduled to commence in the second quarter of 2013 and is expected to complete within 12 months.

Referencing its acquisition of EDS, a specialist provider of decommissioning and dismantling services earlier in the year, Sean Nutley, Chief Executive Officer of Silverdell, commented: "A key part of our growth strategy, 'Changing the Landscape', as set out in our preliminary results statement last December, is to leverage our enhanced scale and capability to exploit new market opportunities worldwide. That is exactly what we have done with this contract.

"The acquisition of EDS afforded us entry to the high value global decommissioning and re-sale market with a project which is ideally suited to our end-to-end service offering."

Silverdell’s share price rose 3.76% to 17.25p at 11:13 on Monday.

A buy in both IC and shares mag this week. The shares still trade on a modest eight times forecast EPS.

Re. Dividend
RNS
RNS Number : 7357W
Silverdell PLC
31 January 2013



Silverdell PLC

("Silverdell" or "the Company")



Dividend Timetable



Silverdell PLC (AIM: SID), the Specialist Environmental Support Services group, confirms its board has recommended a maiden dividend of 0.175 pence per share, which will be paid on 22 March 2013 to shareholders on the register at the close of business on 1 March 2013 and is subject to approval by shareholders at the Company's Annual General Meeting which will be held on 7 March 2013.



31 January 2013

A good 7.5% rise today

Valuation: Price factors in little success
Our base case forecast scenario is moderately negative in outlook, assuming just 2% revenue growth in the future. Even on this basis our DCF suggests a fair value of 23p a share. If management is successful in achieving its medium-term targets then this would add 35% to our valuation of the company, at a fair value of 31p/share. On our base case forecasts the company trades at 9.9x earnings, within its 9-10x trading range, and on an EV/EBITDA of 4.8x, below its historic 6x range. This suggests that the market does not think the management will have success in hitting its targets.

http://www.edisoninvestmentresearch.co.uk/researchreports/Silverdell130213update.pdf

Please Note - Streaming News is only available to subscribers to the Active Level and above



Analyst & Investor Day
RNS
RNS Number : 3373Y
Silverdell PLC
21 February 2013



Silverdell PLC

("Silverdell" or "the Group")



Analyst & Investor Event



Silverdell plc (AIM: SID), the Specialist Environmental Support Services group, will today host an event for analysts and institutional investors in central London at which the Group's senior management team will give a presentation on the business.



The event is intended to provide a greater understanding of the Group's operations and strategy and no new material or price sensitive information will be provided. The presentation will be posted on Silverdell's website - www.silverdell.plc.uk

Up 3.11%

And there's me thinking it would run out of steam! What's it worth for me not to buy a few DC?! :o)

You have crashed the markets today and cost me a fortune. I saw your prediction on the comps board. Lol .

Yep, sorry about that! :o)

Trading Update
RNS
RNS Number : 4551Z
Silverdell PLC
07 March 2013



Silverdell PLC

("Silverdell" or "the Company")



AGM trading update



Silverdell PLC (AIM: SID), the Specialist Environmental Support Services group, announces the following trading update in advance of its AGM, to be held at 11am today at the office of FinnCap, 60 New Broad Street, London EC2M 1JJ.



Silverdell is pleased to announce that it has secured a number of long term framework contracts worth in aggregate up to £3 million per year. The Group maintains a strong order book and tendering activity remains very high with a number of key opportunities being negotiated.



Following the positive start to the new financial year, the Board expects results for 2013 to be in line with its expectations. The Board also confirms its recommendation of a maiden dividend of 0.175 pence per share, to be paid on 22 March 2013 to shareholders on the register at the close of business on 13 March 2013, subject to approval by shareholders at today's AGM.



The Board has taken the decision to accept an offer of circa £1m as final settlement from Shaw Group on its 18 month final account negotiation on Pembroke Power Station, a contract secured in 2010. A non-recurring exceptional charge of around £2.5m will be recorded in the first half results for 2013. The Company's underlying profit for 2013 will not be affected however year end net debt is now anticipated to be approximately £1 million higher than previous expectations.



The Board took the view that the release of cash would enable the Group to take advantage of many of the new opportunities now becoming available in its Decommissioning division. Considerable changes in policy have been implemented since the contract was first tendered and the Board is confident that its far more stringent controls, combined with moving to work directly for clients, will avoid a similar situation in the future.



Sean Nutley, Chief Executive of Silverdell, commented:



"Last year was a landmark year for Silverdell with the successful acquisition and integration of EDS, the securing of significant new contracts and the streamlining and strengthening of our management structure to give us a strong platform for the future.

"With a much transformed and broader service offering and geographical footprint, we are well-placed to implement our growth strategy supported by clear and achievable KPIs.

"Our confidence in the future is reflected in our recommendation of a maiden dividend. I look forward to reporting further progress."

Release of lock-in
RNS
RNS Number : 6387Z
Silverdell PLC
08 March 2013



Silverdell PLC

("Silverdell" or "the Company")



The Board of Silverdell was informed on 08 March 2013 that on that day, Andrew Owen McGee, a vendor of EDS Group Holdings Ltd, sold his remaining interest in the capital of the Company ("Ordinary Shares").

The Company released Mr. McGee from his undertaking not to dispose of Ordinary Shares, as announced on 30 May 2012, to undertake this sale in order to satisfy institutional demand.

ENQUIRIES:

Silverdell (LON:SID)

Silverdell, the specialist environmental support services group, has announced that following the positive start to the new financial year, management expects results for the year to September 2013 to be in line with its expectations. The Company has also confirmed its recommendation of a maiden dividend of 0.175p per share, to be paid on 22 March 2013 to shareholders on the register at the close of business on 13 March 2013. The order book remains strong and tendering activity remains very high with a number of key opportunities being negotiated. The Company has secured a number of long term framework contracts worth in aggregate up to £3m per annum. The Board has taken the decision to accept an offer of circa £1m as final settlement from Shaw Group on its 18 month final account negotiation on Pembroke Power Station, a contract secured in 2010. A non-recurring exceptional charge of around £2.5m will be recorded in the first half results for 2013. While this will not affect the Company's underlying profit for 2013, the year-end net debt is now anticipated to be approximately £1m higher than previous expectations.


http://www.proactiveinvestors.co.uk/columns/hybridan-small-cap-wrap/12380/this-week-quarto-publishes-results-surface-transfers-and-a-golden-start-to-the-year-for-silverdell-12380.html

Sold my holding been in since 13p sept 12