Share Name Share Symbol Market Type Share ISIN Share Description
Alumasc Group LSE:ALU London Ordinary Share GB0000280353 ORD 12.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +7.50p +4.03% 193.50p 192.00p 195.00p 196.00p 188.00p 188.00p 176,546.00 16:29:37
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 92.2 6.8 18.2 10.6 69.34

Alumasc Share Discussion Threads

Showing 551 to 575 of 575 messages
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
DateSubjectAuthorDiscuss
01/3/2017
10:50
Good momentum building here.
rcturner2
28/2/2017
10:28
Prob why it's up today I guess
nallen1
28/2/2017
09:36
tipped in the telegraph Questor column Patient investors with an appetite for risk may be intrigued by the turnaround story that appears to be gathering momentum at Alumasc. Once an engineering conglomerate, the firm has turned itself into a specialist building products company, completing the shift with a final £4m disposal last summer. The Kettering-based concern now has four operations: solar shading, roofing and walls, water management and housing. Its real expertise lies in energy and water conservation and helping builders to meet regulatory requirements. This all sounds very promising, given the buoyant nature of the housing market and demand for cost and resource-efficient dwellings. Now it is up to the chief executive, Paul Hooper, and his team to make it work. The first-half numbers published in January suggest the story could be a slow burner. Sales rose by 17pc but pre-tax profits rose by just 2pc, hampered by the rising cost of materials, notably steel, caused by the pound’s post-referendum fall. But a 6pc increase in the interim dividend suggests that management is optimistic, and a recent £5m contract takes the order book to a record £33m. If a combination of price rises, cost control and rising sales can take margins higher, the stock could look cheap on less than 10 times earnings with a yield of nearly 4pc. The balance sheet has net cash, but there is a £33m pension deficit that needs to be watched carefully. The market has yet to fully buy into the repositioning of the business and this could present an opportunity in a below-the-radar stock. Questor says: buy Ticker: ALU
superdonkey
21/2/2017
07:48
Happy with that. Vastly underrated company.
rcturner2
21/2/2017
07:17
Alumasc Group PLC £5m contract wins 21/02/2017 7:00am UK Regulatory (RNS & others) Alumasc (LSE:ALU) Intraday Stock Chart Today : Tuesday 21 February 2017 Click Here for more Alumasc Charts. TIDMALU RNS Number : 3741X Alumasc Group PLC 21 February 2017 Announcement 21 February 2017 The Alumasc Group Plc ("Alumasc" or the "Group") THE ALUMASC GROUP PLC - CONTRACT WINS Alumasc (ALU.L), the premium building products, systems and solutions group, is pleased to announce that since the publication of its interim results on 31 January 2017, Levolux has secured three contracts to supply bespoke balcony and balustrading systems in the UK. The total value of these new project wins is approximately GBP5.0 million and will benefit the group's next two financial years. As a result of these and other new work wins, Alumasc's overall order books have risen to GBP32.9 million, a new record level. This follows a 17% rise in Alumasc's first half revenues to GBP50.7 million, well ahead of UK construction market growth. Paul Hooper, Alumasc's Chief Executive commented: "The emerging success of Levolux's relatively new balconies business is an exciting development for Alumasc and demonstrates the group's ability to leverage its proven expertise in the design and manufacture of specialist building products into significant new markets. We are pleased with the continued development of the group's overall order books, which supports the Board's expectation for further sustainable growth across our business into the medium term." Enquiries: The Alumasc Group plc Paul Hooper (Chief Executive)
runthejoules
09/2/2017
00:20
SHARES magazine Great Ideas: The market valuation attached to building products business Alumasc (ALU) does not reflect its earnings potential or inherent qualities. The market doesn’t appear to have picked up on the Kettering-based company’s transformation from an engineering conglomerate to a pure play on premium building products. The stock trades on 8.2 times forecast earnings for the year to June 2018 which looks far too low, in our opinion. RENEWED FOCUS It is not a perfect like-for-like comparison but Renew Holdings’ (RNWH:AIM) share price has increased six-fold in the last five years as the company shifted its focused from heavy construction to specialist engineering services. Its share price was also static for a while, but the re-rating was spectacular once investors realised how Renew’s business had changed. The same could apply to Alumasc. Great Ideas The last of Alumasc’s engineering-related businesses was sold in July 2016 with the £4m disposal of Dyson Diecastings. The focus is now on ‘fast flowing streams’ in the building products space. This encompasses a focus on sustainable products which help conserve energy and water and solutions which help constructors meet building regulations. The investment in these areas and an increase in marketing spend was rewarded by a 17% increase in first half revenue to £50.7m. Unfortunately, the impressive top-line growth was not replicated at the bottom-line. Adjusted pre-tax profit only nudged ahead 2% to £4.1m as rising input costs hit margins. The increase in costs can be attributed to sterling weakness and rising steel prices and although these have now largely been passed through, there was a lag which hit profitability. BUMPER ORDER BOOK A near-record £27.6m order book and the timing of completion on several large contracts underpins boss Paul Hooper’s confidence that margins can be rebuilt in the remainder of its current financial year. This could act as a positive catalyst for the share price. ALUMASC GROUP - Comparison Line Chart (Rebased to first) The company’s operations coalesce in four key areas: solar shading and screening; roofing and walling; water management; and housebuilding and ancillary products. The Levolux solar shading business and Gatic drainage systems arm are successfully winning orders overseas. Mainly driven by Levolux sales in the US, export revenue almost doubled to £7.5m in the six months to 31 December 2016. The niche focus and international expansion should help the company outperform the modest growth expected in UK construction in the coming months. Keep a close eye on the £33m pension deficit. Annual cash contributions of £3.2m didn’t prevent Alumasc from hiking its first half dividend by 5.6% to 2.85p. (TS) Alumasc (ALU) 174.5p Stop loss: 139.6p Market value: £63m
runthejoules
08/2/2017
13:15
Oh dear, a 2.61% fall today, no large sells, averaging £5k. Still, last one was a buy, dividend due 23rd Feb & I am pretty sure the white paper on housing will kickstart things once its provisions are implemented (if only slightly).
runthejoules
07/2/2017
12:07
I was put off buying AGA range master due to the pension deficit a few years back.. they ultimately reduced it and we're taken over at a significantly higher price. It is a hard call but if they manage to reduce this deficit then this company is a gem
prospective investor
06/2/2017
15:34
if we can break this current trading range then surely clear blue sky to circa 200p. IMHO.
mfhmfh
06/2/2017
14:50
I take your point TT but the point of maximum pension pessimism was last year. I reckon We will now see this shrink gradually over the next few years. Also I reckon they will benefit from the rebuild programmes and probably catch more business than historically with their technologies. That is why I am here.
ironstorm
06/2/2017
12:24
Good outfit with steady growth, looks cheap, but factor in that massive pension deficit and its a very different story. On the watch list for now.
tintin82
02/2/2017
18:31
Returner - I agree I think there is a lot more to come with 2nd half. And it's cheap for such a company.
ironstorm
02/2/2017
13:19
I am still holding here, I see no reason to sell. PE ratio of 10 and yield pushing 4% are hardly the marks of an overpriced share.
rcturner2
02/2/2017
12:56
also out for a 10% gain. Not excited by the news, but a solid company and happy to re-invest if it weakens.
puku
01/2/2017
19:14
And don't forget US growth this year - which will have a very positive impact. I thought the comments were very good for a good second half.
ironstorm
01/2/2017
09:50
I'm looking at a shorter time span than 3-5 yrs - hopefully with interest rates rising, pension deficits should fall in companies like this.
mfhmfh
01/2/2017
09:34
Yes Graham Neary said it should work out well for investors in 3-5 years! Guess my failure to sell at the open yesterday for 15% profit makes this a long-term holding then!
runthejoules
01/2/2017
08:54
positive write up by stockopedia yesterday.
mfhmfh
31/1/2017
12:08
Canaccord Genuity new coverage buy... target £3.00
chickcrumbs
31/1/2017
09:04
Yes, and wrecking of Green Deal to be offset by rising energy prices re insulation etc. As mentioned above, pension deficit may well be reduced by low interest rates and / or inflation. Long term, bit worried about Tesla's solar roofs though. (In fact I'd quite like one)
runthejoules
31/1/2017
08:35
Yes a bit disappointing given the last trading statement. Although margins to increase in second half and moving in right direction. Still not comfortable with pension deficit
pauliewonder
31/1/2017
08:29
Damnit, why didn't I get an RNS reminding of results this morning? Brexit/currency headwinds have made results a little disappointing but looking ok long term. Still, looks like most of the sellers have sold already, so may as well hold. Pretty sure once British manufacturing picks up they'll be able to source more materials from the UK, and will be passing on costs.
runthejoules
27/1/2017
18:19
I'm out today for a small profit. I've only held for 6m - made 10% before dividends which is OK for a low conviction mistake. Cutting my portfolio back.
topvest
18/1/2017
07:27
Alumasc, the premium building products, systems and solutions group, will announce results for the 6 months ended 31 December 2016 on Tuesday, 31 January 2017. A presentation to analysts will be held at 9.30 am on that day at the offices of Peel Hunt (Moor House, 120 London Wall, London EC2Y 5ET).
rcturner2
18/1/2017
07:00
I would imagine it's the prospect of rising inflation eating away at the pension deficit as we head towards a financial update in early Feb?
bdroop
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
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