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.

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