Sanderson Design Group (SDG)

Sector:

Household Goods

Index:

FTSE AIM All-Share

79.00p
   
  • Change Today:
    -3.50p
  • 52 Week High: 127.50
  • 52 Week Low: 78.10
  • Currency: UK Pounds
  • Shares Issued: 71.79m
  • Volume: 76,967
  • Market Cap: £56.71m
  • RiskGrade: 195

Sunday share tips: Raspberry Pi, Sanderson Design Group

By Alexander Bueso

Date: Sunday 02 Jun 2024

LONDON (ShareCast) - (Sharecast News) - The Financial Mail on Sunday's Midas column touted shares of Raspberry Pi ahead of its upcoming flotation.
It argued that they might prove an "exciting" component of investors' portfolios and were "well worth a look".

"Time to recognise the value of UK businesses - and invest in firms that will deliver growth across the country," the tipster said.

The computer manufacturer's boss reckoned the company's addressable market to be over $21bn in size, versus Raspberry's $266m of sales in 2023.

The computers were not only less expensive to make, the desktop models used 85% less plastic than traditional ones and consumed only a tenth as much electricity.

Information about its upcoming initial public offering was expected within days.



The Sunday Times's Lucy Tobin says readers should buy shares of Sanderson Design Group, arguing that the company had truly remodelled itself.

Formerly known as Walker Greenbank, the company's shares had been dragged lower by the slowdown in the UK housing market and elevated inflation.

And the company's chairman was expecting trading conditions to remain challenging, due to a lack of confidence among consumers.

However, in recent months Sanderson had reduced inventories, increased its margins and pocketed record licensing revenues.

Tobin also noted "strong" growth in the States, the company's second-largest market.

As well, analysts at Investec were anticipating that the impact of strong product launches would make itself felt in 2025.

Furthermore, the balance sheet was "solid", the shares' valuation well off their historical levels and falling inflation together with greater consumer confidence after the elections should do the same, she argued.

"This business has successfully remodelled itself, rather than papered over the cracks. Buy."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SDG Market Data

Currency UK Pounds
Share Price 79.00p
Change Today -3.50p
% Change -4.24 %
52 Week High 127.50
52 Week Low 78.10
Volume 76,967
Shares Issued 71.79m
Market Cap £56.71m
RiskGrade 195

SDG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.15% above the market average93.15% above the market average93.15% above the market average93.15% above the market average93.15% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
59.31% below the market average59.31% below the market average59.31% below the market average59.31% below the market average59.31% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Income
72.83% above the market average72.83% above the market average72.83% above the market average72.83% above the market average72.83% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Growth
53.43% below the market average53.43% below the market average53.43% below the market average53.43% below the market average53.43% below the market average
16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SDG Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Jul-24 19-Oct-23
Paid 09-Aug-24 24-Nov-23
Amount 2.75p 0.75p

Trades for 06-Sep-2024

Time Volume / Share Price
16:22 2,500 @ 79.95p
14:34 1 @ 79.96p
14:00 6,000 @ 79.95p
14:00 2,133 @ 80.00p
14:00 133 @ 80.00p

SDG Key Personnel

CEO Lisa Montague
CFO Mike Woodcock

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