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BILN Billington Holdings Plc

540.00
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Billington Investors - BILN

Billington Investors - BILN

Share Name Share Symbol Market Stock Type
Billington Holdings Plc BILN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 540.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
540.00 540.00 540.00 540.00 540.00
more quote information »
Industry Sector
CONSTRUCTION & MATERIALS

Top Investor Posts

Top Posts
Posted at 16/4/2024 17:19 by herbert0
Good News during Investor Meet regarding the staff taken on from the Bridge construction company recently gone into receivership.
Posted at 22/3/2024 09:03 by davebowler
Cavendish
Industrial Technology

£90m contract awards boost order book to a new record

Key data
Share price (p) 400.0
Target price (p) 541.0
Market cap (£m) 48.5
Enterprise value (£m) 37.7
Billington has successfully secured a number of significant contracts, which together are worth £90m over 24-months. The six new contracts include the largest single contract in its history and also boosts the order book to a new record high. These contract awards signal an increase in market share and provide further support to existing market expectations, and we anticipate further detail at the forthcoming results. The valuation looks attractive on a P/E of 8.1x and offering a premium dividend yield of 5.0%, supported by a strong FCF yield of 9.3x. Our price target remains 541p offering strong upside to current levels with the contract awards providing a boost to investor sentiment.
Posted at 20/12/2023 17:31 by boystown
Covered on Master Investor by Mark Watson Mitchell again. Voila:

Billington Holdings (LON:BILN) – Just Look At Them Go!
The quality of this supplier to the construction industry, of structural steel products and safety solutions, continues to shine through.

In early May this year the shares of the £58.8m capitalised group were trading up at 476.20p, since when they have been down to a low of 282.50p, that was in late October.

In the middle of November, the company issued its Trading Update stating very clearly that its strong trading performance had continued across the group.

Furthermore, it boasted that results for the year to the end of this month are now expected to be ahead of previous market expectations.

CEO Mark Smith stated that:

“Going forward into 2024 we have a healthy pipeline of further opportunities, however, we do remain mindful of continuing inflationary pressures and an uncertain macroeconomic outlook, but with our strong balance sheet I do believe the group is well positioned for the future.”

Understandably the group’s equity has subsequently witnessed a strong turnaround in value.

Analyst David Buxton at Cavendish Capital noted that the update confirmed strong margin progress and market momentum, supported by the group’s balance sheet strength.

He is looking for the 2023 year to show £125.0m (£86.6m) revenues, while adjusted pre-tax profits could increase to £13.3m (£5.8m), taking earnings up to a massive 83.9p (39.1p), which would easily cover a 20.0p (15.5p) dividend per share.

Buxton has a Price Objective of 541p out on the shares.

Last night they closed up 2.25%, some 10p better on the day at 457p.

Despite the 60% rise over the last month, I feel that holders should sit tight for even further good news.
Posted at 23/11/2023 11:24 by melloteam
Just to let shareholders and prospective investors know that Billington Holdings will be one of the companies discussed on the BASH (BUY, Avoid, Sell, Hold) at MelloLondon.

The event will take place at the Clayton Conference Centre, Chiswick on Wednesday 29th and Thursday 30th November. The event will have keynote speakers such as Lord Lee; Katie Potts; Christopher Mills; Gervais Williams; Andy Brough; Richard Crow and many more!
For the full list of companies and speakers, click here:

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.

For more information, visit
Posted at 25/10/2023 13:06 by herbert0
Indiscriminate selling by institutions that must raise money for retail investors who want their investment back
Posted at 20/9/2023 17:47 by value hound
From Master Investor fwiw...

Billington Holdings (LON:BILN) – Shares Up 14.3% Since Last Week

Yesterday morning’s Interim Results announcement from this Barnsley-based structural steelworks group really pleased the market.

The first six months to end June showed a 30.2% leap in revenues to £60.15m (£46.19m) while adjusted pre-tax profits were 237.4% better at £4.96m (£1.47m), with earnings up 231% at 28.8p (8.7p) per share.

Through its subsidiaries the group designs, manufactures, and installs structural steelwork in the UK, Europe and internationally.

The company designs, fabricates, and installs bespoke steel staircases, balustrade systems, and secondary steelwork.

It also provides safety solutions and barrier systems to the construction industry; protection and fall prevention systems; and site hoarding solutions.

In addition, the company engages in the property rental and management services.

It provides services to construction projects and operates in sectors, such as retail, data, commercial offices, education, healthcare, rail, and others. 

At the end of the first half the group reported a strong balance sheet with £10.82m cash in the bank.

Analyst David Buxton at Cavendish Capital upped his profit estimates after the results, now looking for £115m (£86.6M) revenues for the year to end December, taking adjusted pre-tax profits up to £9.9m (£5.8m) and jacking up earnings to 62.9p (39.1p) and hoisting the dividend to 20.0p (15.5p) per share.

He has a 541p Price Objective on the £52m capitalised company’s shares, which touched 410p in response to the excellent H1 news, before closing better.

The shares were up to 476p in May this year, which is a level to be anticipated again in due course.
Posted at 13/4/2023 02:42 by davebowler
Master Investor tips this.
Posted at 29/10/2022 12:16 by melloteam
Just to let shareholders and prospective investors know that Billington Holdings will be one of the companies presenting at MelloLondon, the two-day investor conference on Wednesday 16th and Thursday 17th November 2022. The event will also feature top quality keynote speakers such as Lord Lee, Katie Potts, Andy Brough, Gervais Williams and many more. You can also expect educational workshops and panel sessions; 50 exhibiting companies; and over 100 company presentations.

For more information, click here:

Tickets for 1 day are £99 and tickets for 2 days are £159. To get 50% off, use code MMTADVFN50.
Posted at 27/4/2022 15:42 by km18
Bilington Holdings is a leading structural steel and construction safety solutions specialists and has delivered annual pre-tax profits materially ahead of analyst expectations since the firm enhanced its orderbook. This evidence is supported by the £7m surge in inventories and net cash hike to £9.4m, enabling the firm to provide financial security to customers while benefiting from higher-margin contracts. As a result, operating profit soared by 9%, rebounding from £1.3m to £3m which forced up EV/EBITDA to 4.31x, derived from a healthy and robust sales pipeline. Despite the plausible financials prospects, Bilington Holdings is still undervalued with respect to its peers, since the firm’s P/E ratio is 11.2x, lower than building products industry benchmark of 14.7x, hence investors can purchase the stock cheaply.
Posted at 14/2/2022 18:45 by tresham
Yes it is very annoying that new investors are buying these shares that we paid up to £4 for. Rufus seem to have sold 20,000 shares to satisy demand.

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