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.

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. ;-)