Alumasc Share Discussion Threads

[scottishfield] 30/10/2015 10:18

recovering well

[imranawan] 27/10/2015 11:51

I guess given the current market, and uncertain TU issued last week, a lot of people are waiting for the next set of numbers before buying in.

[scottishfield] 26/10/2015 11:23

On the turn here ?

[scottishfield] 23/10/2015 10:42

Crazy fall here, topping up.

[gucci] 22/10/2015 15:15

Back towards 150p?.

[jamie261] 22/10/2015 08:19

Don't fathom the fall? As jlo says it's a little profit warn. The words satisfactory and delay to timings don't inspire too much confidence. Will continue to hold long term and see what happens. Bit of a surprise tho, didn't see that coming this morn

[jlo10] 22/10/2015 08:06

That was a sneaky little warning
At least that is the way market sees it

[hybrasil] 22/10/2015 08:06

is that agm statement pessimistic. I think not. Dont fathom the fall

[bruceylegs] 13/10/2015 08:15

Broke short term resistance at 212 yesterday. Which is nice.

[cestnous] 30/9/2015 15:38

.... today. Seems I spoke too soon.

[cestnous] 30/9/2015 08:33

Just keeps going up :¬)

[marky55] 26/9/2015 12:29

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."

[blackrabbit] 25/9/2015 13:45

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.

[cestnous] 25/9/2015 12:25

Very quiet here. Nice to see it through 200 :¬)

[cestnous] 22/9/2015 12:08

Not while it stays blue on a day like today.

[pvb] 22/9/2015 09:29

Soon be time to sell, then! ;-)

[cestnous] 17/9/2015 10:02

Tipped as a buy in "Shares" mag today.

[someuwin] 14/9/2015 15:00

Good volume.

[someuwin] 14/9/2015 11:14

Ticking up a bit.

[cestnous] 11/9/2015 08:56

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
Buy

[someuwin] 03/9/2015 09:15

03 Sep 2015
Alumasc Group PLC ALU
finnCap
Buy
Old target 190.00
New target 210.00

[wjccghcc] 03/9/2015 08:36

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.