Sepura Shares

Shares in my old company Sepura (SEPU) ended the day nearly 5% up. They fell heavily a few weeks ago.

See http://www.lse.co.uk/ShareChart.asp?chart=intraday&sharechart=SEPU&share=sepura .

Sepura shares

Although a long way below their peak, Sepura (SEPU) shares are rising again today despite a large fall in the FTSE 100 share index. At the moment they are trending upwards.

See http://www.lse.co.uk/ShareChart.asp?chart=intraday&sharechart=SEPU&share=sepura .

Sepura share rebounding?

See http://www.lse.co.uk/ShareChart.asp?chart=intraday&sharechart=SEPU&share=sepura .

Shares in my old company seem to be bouncing back after heavy falls earlier due to a profits warning. I retired 8 years ago, which is a long time. I am very out of touch. Sepura design, make and sell TETRA and DPMR radios with a focus on public safety. They sell worldwide to more than 100 countries. On the whole, I enjoyed my time there.

FTSE 100 and Sepura Shares

Share prices, certainly in London, are falling on the continuing uncertainties over China, Greece and the World. The FTSE 100 index has fallen from a peak of over 7100 last year to about 5630 as I write. Things do recover but this can take years.

At such times people look for a safe haven. Many have chosen my old company, Sepura. Sepura make radios for (mainly) public safety. They recently bought a Spanish rival and now do DMR as well as TETRA.

See http://www.lse.co.uk/ShareChart.asp?chart=intraday&sharechart=SEPU&share=sepura .

FTSE 100

The FTSE 100 share index has fallen this morning, although it may be staging a bit of a comeback?  Sepura shares (my old company) also seem to be sliding a bit too.

FTSE 100 and Sepura shares

So far this morning the FTSE 100 share index has been up and down, but remained in positive territory.

Sepura shares (my old company before I retired almost 7 years ago) have gone down very slightly, but are still pretty good.

Rising shares?

Sepura (SEPU) shares ended up at, what I believe is, their highest ever level today at 154.5p. Also after a dodgy morning the FTSE 100 share index ended up with gains on the day.

Sepura shares

My old company, Sepura PLC - I am very out of touch these days - makes TETRA radios which are widely used in public security. Today,at 1600z, the shares were up to 149.75p. I wonder  if its shares are seen as a safe haven when the world is uncertain?  Certainly, the company has always been profitable as far back as I remember. When first floated, shares were 140p.

Meanwhile, the FTSE 100 has been drifting lower on international worries over growth and EU issues.

FTSE 100

Today, it looks like the FTSE 100 stock index will end the day about 70 points up on yesterday when it lost a bit of ground. On the other hand, Sepura shares have fallen back a bit.

UPDATE 1845z:   At end end of the day the FTSE 100 index closed 85.73 up at 6742.10.

Sepura (SEPU) shares and FTSE 100

Sepura (my old company) shares gained even more today to end up at 147p, 2% up on the day and the strongest level for some time now. After a day largely in negative territory, even the FTSE 100 index made very slight gains by the end of the day.

FTSE 100 and Sepura shares

With about 15 minutes until UK markets close, it looks as if the FTSE 100 index and Sepura (SEPU) shares will end the day in positive territory.  This year, both the FTSE 100 index and Sepura have lost some ground, but in recent weeks these losses are being clawed back.

 UPDATE 1900z:   Both the FTSE 100 and Sepura (SEPU) shares ended the day in positive territory.

FTSE 100 and Sepura

Markets puzzle me: on a day when inflation has risen slightly, the Middle East is likely to erupt in yet more violence, the world outlook is "challenging", the FTSE 100 index looks like ending 30-40 points higher!

Likewise, Sepura has today gained a few percent on recent days.

All odd.

UPDATE 1720z:  Brent Crude Oil (spot and futures) is now around $78 a barrel - very low.  The FTSE 100 ended the day 37 points higher.