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.

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.