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.

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