ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

BILB Bilby Plc

39.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bilby Plc LSE:BILB London Ordinary Share GB00BV9GHQ09 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 39.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
38.00 40.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 39.00 GBX

Bilby (BILB) Latest News

Bilby News

Date Time Source Headline
22/11/202307:00RNSNONKinovo PLC Notice of Investor Presentation
07/7/202307:00RNSNONKinovo PLC Notice of Results & Investor Presentation

Bilby (BILB) Discussions and Chat

Bilby Forums and Chat

Date Time Title Posts
17/6/202106:20Bilby Plc - Under The Radar?1,235

Add a New Thread

Bilby (BILB) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Bilby (BILB) Top Chat Posts

Top Posts
Posted at 28/5/2021 17:09 by nico115
16p was my recent lowPrice But I did buy some at 11p In the placing
Posted at 28/5/2021 17:01 by johnhemming
What surprised me was that this value stock went as low as it did last year (when I was buying) it was not an airline. I think I bought some under nico's price, but to be fair my average price is higher than 16p. Not that I am selling.

This sort of business generally should be quite secure. There were some bad deals done in a while ago (not in 2020 or 2021) which have been sorted, but the visibility of revenues will always be quite high.
Posted at 17/5/2021 11:58 by masurenguy
SKYSHIP - 1214: Hi MAS - not much we agree upon - however BILB might be an exception.

Hi Skyship - individual political views and interactions on investment opportunities are two entirely separate issues, so welcome aboard.

I first invested in January this year and currently this has now become one of my top 8 holdings. I think that the restructured business, and new management team under the leadership of David Bullen, is turning this company around. In my view, on a current market cap of £22m and with annual sales of circa £60m, the business is undervalued. The stock is quite tightly held with the top 8 external shareholders and insiders collectively holding circa 80%.

Net debt has now been reduced to under £5m and the business is cashflow positive. They should be back into an operating profit by the end of the current fiscal year and they have forward sales visibility of circa £180m over the next 3 years. I would agree with your view that a return to circa 60p is on the cards provided there are no unexpected surprises.

SB - good to see you join the party here too !
Posted at 17/5/2021 08:32 by skyship
Hi MAS - not much we agree upon - however BILB might be an exception.

The one thing I hate about contractors is their propensity to suddenly announce losses from a troublesome contract. P&R hit BILB badly 2yrs ago, resulting in a fundraise placing down at 11p in Nov'19.

New management seem to have turned things around; though shareholders must have had a nasty taste in their mouths when the old manager founders sold all their shares at much higher levels ahead of the discovery of the P&R fiasco.

What I like here is the technical position as the chart is carving out a bullish BOWL; which suggests a return to the 60p+ level looks quite possible.

Bought a few today.


free stock charts from uk.advfn.com
Posted at 09/5/2021 18:13 by johnhemming
>This price is crazy
It is like many small caps quite undervalued by the market. However, as we move into the market measuring the recovery it should recover.
Posted at 06/5/2021 10:37 by nico115
60m is 1 pound What's wrong with that ? Lol This price is crazy
Posted at 06/5/2021 10:22 by johnhemming
The reduction in debt was partially as a result of a placing, however.

I have held BILB for some time and bought more last year. It is recovery play. However, it would have to demonstrate sensible growth achieved to beat a market cap of 50-60m. As it stands that is the range I would expect it to end up in.

However, we have the inflation issue as well.

This sort of business has potentially a lot of visibility of income.
Posted at 06/5/2021 07:13 by johnhemming
Its not up on invesegate yet, but should be visible here:


Bilby Plc (AIM: BILB), the leading gas heating, electrical and building services provider, provides the following year-end update for the twelve months ending 31 March 2021.



Bilby continued delivering essential, regulation-driven maintenance and building services for its clients, despite the year being enveloped by the uncertainties stemming from Covid-19 and UK Government restrictions. Whilst the Company was impacted by often significant no access rates and delays, Bilby expects to report a solid performance for the financial year.



Bilby had a strong performance in the second half and, as a result, expects revenues of approximately £60 million for the full year ending March 2021. However, margins were affected by higher operational costs arising from the increased no access rates and mix of works. Adjusted EBITDA for the second half of the year is expected to be comparable to the first half, delivering approximately £3 million for the full year ending March 2021.



Encouragingly, as we enter the new financial year, there is evidence that the improving Covid-19 situation is enabling our clients to plan more confidently for a return to "normality" and we look forward to this being reflected in our results moving forward.



The objective to reduce net debt remains a priority for the Group and we have continued our rigorous focus on working capital efficiencies, cash conversation and cost management. This has enabled us to repay an additional £2.3 million of our term loan - over and above the scheduled quarterly payments. Our banking partner, HSBC, has waived the requirement of covenant measurements for the first half of the year ending March 2022.



Over the last 18 months, net debt has significantly reduced by £8.4 million; as of 30 September 2019, net debt was £11.1 million and at 31 March 2021 was £2.7 million, net of cash balances of £1.3 million. At 31 March 2021, Bilby had deferred £1.0 million VAT liabilities which post year-end, in agreement with HMRC, have started to be paid.



During the pandemic, we have continued to improve the efficiency of the operations and position the Company to proactively seek future growth opportunities supported by the stronger balance sheet. Furthermore, significant progress has been made in strategically realigning the Company to serve our stakeholders in a sustainable, profitable way in the future. The outcomes of this process will be communicated in more detail at the Full Year Results.



The Company will announce its Full Year Results for the year ending March 2021 in early July 2021.



Commenting on the results, David Bullen, Chief Executive of Bilby plc said:

"Our hard work, tenacity and commitment throughout the Covid-19 pandemic to the communities where we operate has demonstrated the reinvigorated strength of Bilby and robustly positioned us to look forward to the year ahead with great confidence.

I thank all my colleagues for their dedication, commitment and support during the challenging year in which they continued to deliver work to the highest standards in extremely difficult circumstances. It is these attributes that have produced these resilient results.

Our repositioning will clearly show that the Group is entering a new chapter with exciting growth opportunities. We very much look forward to providing more detail on this at our Full Year Results in July."

======================================================

60m turnover, 29m enterprise value. I tend to think this sort of stock should be about the same market cap with enterprise value.
Posted at 28/1/2021 19:53 by aublune
Fantastic news and you have deep pockets nico.

I am confident you are onto a big winner in Bilby. Sureserve is our template for what Bilby can achieve in the next 18 months I believe. Without a pandemic we are valued too cheaply and most even heavily impacted stocks have seen big share price gains. We have remained profit making and cash generating through the pandemic so far

Do you know David closely?/
Posted at 05/1/2021 13:14 by aublune
Mr Bullen is very impressive.

I know him from Anpario that is why I own Bilby. If I use 2019 results Bilby is on a free cash flow multiple before working capital movement of only 4x. if i use 2020 results with a pandemic in the middle, Bilby is on a free cash multiple before working capital of 8x. They can get back to the 4x next year with Bullen and the stock price could be 50 to 75 pence. This is a maintenance business with sticky streams of sales and moving into green accreditation in areas like electric vehicles. This is a classic turnaround from being a stock everyone hated. they will not love it but they may like it as they did in years gone by

or may be a competitor will take a peek
Bilby share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock