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Alumasc Group Share Chat - ALU

Share Name Share Symbol Market Type Share ISIN Share Description
Alumasc Group LSE:ALU London Ordinary Share GB0000280353 ORD 12.5P
  Price Change Price Change % Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00 +0.00% 204.00 202.00 206.00 204.00 204.00 204.00 0 07:57:36
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 98.1 7.0 12.3 16.6 73.10

Alumasc Share Discussion Threads

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.... today. Seems I spoke too soon.cestnous
Just keeps going up :¬)cestnous
Naked Trader's view:"I've bought some Alumasc (ALU). This one looks to be in the middle of a rerating and deservely so.Profit is up 15% and it's moved into a net cash position. It is benefitting from a much improved demand from UK construction.It seems to be re-focusing, getting rid of some poor performing businesses which means its debt has now gone.Dividend is up substantially and unless the market as a whole really tanks it looks to have some decent upside of 25% or so. It is certainly breaking out very strongly - a break through 200p would be very promising for a rise up to 225p area quite quickly barring a market collapse but I feel fair value is around 250p so for me plenty of upside left.I think a lot of investors find it hard to buy a share that has already risen a lot - but believe me - it's often better buy something that's gone up!ALU goes ex dividend next Thursday for a very decent 3.5pdividend, so that to look forward to."marky55
NT mentioned ALU on his website yesterday, commenting that "it looks to have a decent upside of 25% or so. That no doubt helped sentiment a bit. BR.blackrabbit
Very quiet here. Nice to see it through 200 :¬)cestnous
British motorists are preparing a blockbuster lawsuit that could cost scandal-hit Volkswagen billions of pounds. Hundreds of thousands of VW, Audi and SEAT owners are set to use new ‘class action’ rights. Rival car makers may be dragged into the lawsuit too if they are also found to have fiddled emissions tests. VW has admitted fixing the exhaust gas checks on its diesel cars to make them appear more green. Deep trouble: Although Volkswagen has put aside £5billion to cope with the global recall of some 11million vehicles, experts warn the final bill could force the company into bankruptcy Deep trouble: Although Volkswagen has put aside £5billion to cope with the global recall of some 11million vehicles, experts warn the final bill could force the company into bankruptcy Eleven million vehicles with the ‘defeat devices’ were sold worldwide and hundreds of thousands are thought to be on Britain’s roads. Owners, whose cars could plunge in value, can now band together in ‘collective actions’ under the Consumer Rights Act, which comes into force next Thursday. VW has put aside £5billion to cope with the recall crisis but experts warn the final bill could force it into bankruptcy. Read more: http://www.dailymail.co.uk/news/article-3246834/UK-drivers-sue-Volkswagen-billions-Class-action-threat-fiddled-diesel-tests.html#ixzz3mh4RYqd8 Follow us: @MailOnline on Twitter | DailyMail on Facebook Do they supply VW, Audi, Cayenne?onjohn
Not while it stays blue on a day like today.cestnous
Soon be time to sell, then! ;-)pvb
Tipped as a buy in "Shares" mag today.cestnous
Good volume.someuwin
Ticking up a bit.someuwin
From I.C. today; Alumasc builds momentum Alumasc (ALU) delivered its best performance since the recession as product innovation, new staff and further forays into the buoyant London and south-east construction markets drove underlying operating profit up 16 per cent to £9m. Investors cheered the news, sending shares in the building products supplier up 7 per cent on results day. New products and systems accounted for a fifth of full-year sales. Management’s recruitment of “high calibre” staff also played a key role in driving growth. New talent helped the roofing and walling division break into higher-growth markets and spurred a 22 per cent rise in divisional revenue. Chief executive Paul Hooper believes Alumasc can capitalise more on demand for building products following the sale of the struggling precision engineering business and Pendock Profiles unit. Those disposals, coupled with a 37 per cent jump in operating cash flow, pushed Alumasc’s bank balance into the black. Management plans to use the war chest to make acquisitions and continue investing in new products and facilities. Broker Peel Hunt forecasts adjusted EPS of 19.5p in the year to June 2016 (up from 18.4p in full-year 2015). Alumasc’s building products businesses have grown about 3 per cent faster than the wider industry over the past five years. The shares are up 32 per cent since our buy tip (130p, 19 February 2015), yet still trade at just nine times forecast earnings. That flags value to us. DL Buycestnous
03 Sep 2015 Alumasc Group PLC ALU finnCap Buy Old target 190.00 New target 210.00someuwin
Actually MG, it's not 25% of PBT but a one-off payment of 25% of any PBT in excess of this year's 8.4mm. Even including the pension cash payments of £2.9mm, the FCF/EV is less than 10 which is pretty good value for something growing as fast as ALU.wjccghcc
Building and construction set to strengthen over the coming year by some way cestnous - that's where these are going to really benefit going forward imo. Broker upgrades should be decent imo - this years results have already beaten next year's forecasts. All imo CRcockneyrebel
Pension issue notwithstanding, I still expect this to grow strongly over the coming months as the restructuring pays off. Well pleased with those results. The market doesn't appear to agree with you MG.cestnous
Fwd PE of around 8 here and a 4% yield by the look of it imo I did reply to you on my thread spooky - hope you saw it yesterday. Cheers CRcockneyrebel
Look at note 9. to the accounts, this is the basis of broker estimates. Pension issues are a more complex subject and it is for you to decide how they affect your investment decision.As examples NARS and AGA had/have pension deficits and Wincanton has too, look at their share prices.spooky
spooky - how did you come to the conclusion that they have achieved next years forecasts? I have forecast EPS for YE2015 as 17.6p which they have missed! Continuing operations came in at 15p but reported is 12.3p! Ok so they have got rid of net debt - good, but their pension deficit increased to £20.9m! On top of that from the narrative it seems that they are struggling to reduce their yearly commitment to it. 25% of next years PBT will go towards paying a one off cash payment into the pension pot! Do I want to invest in a company whose profits will remain compressed due to its pension commitments? No thanks not for me GLA holder thoughmg1982
What a great set of results, they have basically achieved next years forecasts and with order books up 27% it looks as though there are going to be some nice upgrades. Probably trading at less than 8.5 times 2016 EPS, with a yield of just under 4% and with net cash, they look much too cheap IMO.spooky
Yep, I had an alert set on this board and this is the first time anyone's posted in months! Results soon so hopefully they'll act as a catalyst if things are going as well as they should be.jamielein
Bought in this am. Quiet board :¬)cestnous
Good trading update last week plus sale of loss making non core subsidiary for cash consideration. Thus no surprise to see this beaking out on a rerating. Was lowly rated anyway IMO. Dipped my toe in here and will look to add.brownie69
Yes, excellent news on trading and sale of a none building unit announced after the bell.royaloak
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