Scientific Digital Imaging (SDI)

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Scientific Digital Imaging SDI Logo

Designs and manufactures scientific and technology products for use in applications, including life sciences, healthcare, astronomy, consumer manufacturing and art conservation from 2.75% to 3.25%. 2019 trading so far is in-line, expecting to meet expectations

27-Jul-2018 – 40.5p – £36.3m – PER 17.8

Final Results For The 12 Months To End March 2018 – Revenue up 35% to £14.5m (2017: £10.7m) with Adjusted PBT up 70%+ by £991,000 to £2,300,000 (2017: £1,309,000).

I have not looked at this before but it has recently appeared on my Standard Tech Screen. I like the look of this update and may well look to take an opening position here. If not it will go on my Watchlist.

Subsequent Note: As this was a current Standard Tech Screen Qualifier I did some further analysis after reading an updated broker note on Research Tree and changed my view to Neutral – Details below…

25-Sep-2018 – 41.25p – £37.0m – PER 17.1

AGM Trading Update – A good start is about as much as I can glean from this.

I remain Neutral as based on growth forecasts it seems at best fairly priced (to me).


Standard Tech Screen Qualifier
Latest Commentary – 27-Jul-2018 – 40.5p – £36.3m – PER 17.8

Based on Stockopedia data and the latest broker note from FinnCap on Research Tree dated 27-Jul-2018…

Latest results show that Revenue Growth and EPS Growth for 2018A were both about 40% or so. Annual Revenue growth for 2019E and 2020E is forecast as 5% or so and Annual EPS Growth for both years is forecast as <5%. With a PER of 17 or so it just seems too expensive here at this price.

Check Scientific Digital Imaging fundamentals on Stockopedia
Check Scientific Digital Imaging updates & news on Research Tree

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