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BILN Billington Holdings Plc

495.00
5.00 (1.02%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Billington Holdings Plc LSE:BILN London Ordinary Share GB0000332667 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  5.00 1.02% 495.00 139,105 14:43:13
Bid Price Offer Price High Price Low Price Open Price
490.00 500.00 530.00 490.00 515.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Heavy Construction, Nec 86.61M 4.73M 0.3660 13.52 64.02M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:25:14 O 10,000 495.00 GBX

Billington (BILN) Latest News (7)

Billington (BILN) Discussions and Chat

Billington Forums and Chat

Date Time Title Posts
16/4/202417:19BILLINGTON HOLDINGS ::::: Structural Steel953

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Billington (BILN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:46:38495.0010,00049,500.00O
15:25:16495.754021,992.92O
15:19:39495.755002,478.75O
14:59:13493.501,0004,935.00O
13:45:08496.001,0004,960.00O

Billington (BILN) Top Chat Posts

Top Posts
Posted at 16/4/2024 09:20 by Billington Daily Update
Billington Holdings Plc is listed in the Heavy Construction, Nec sector of the London Stock Exchange with ticker BILN. The last closing price for Billington was 490p.
Billington currently has 12,934,327 shares in issue. The market capitalisation of Billington is £64,024,919.
Billington has a price to earnings ratio (PE ratio) of 13.52.
This morning BILN shares opened at 515p
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 22/3/2024 08:51 by taylor20
Doubled my holding yesterday, so rather pleased! Tempted to double it again, the only niggle I had was construction industry seems to be plagued with companies going into administration at the moment (maybe its always like that). I think this RNS shows that this is probably a net positive for BILN (i.e. less competition on contracts, rather than not getting paid for work).

Energy costs coming down steeply has got to be a net positive for margins, bigger than the negative impact of underlying wage inflation.
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 14/11/2023 09:24 by toptomcat
I really like this share. Continually delivers good news. It's right near the top of my portfolio as one I believe will bounce back strongly to previous highs
Posted at 24/10/2023 16:04 by tresham
I hope someone starts buying soon. Good value here. Quite a lot of share trades too.
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 19/9/2023 16:44 by value hound
Retipped by Simon Thompson.

The conclusion....

Material upside to analysts’ fair valuations
The holding has delivered a 5.2 per cent total return (TR) since I covered the annual results in mid-April (‘Profits are booming at this takeover target’, 18 April 2023), during which time the FTSE Aim All-Share TR index has fallen more than 10 per cent. It has also delivered an 86 per cent gain in my 2022 Bargain Shares Portfolio, a marked outperformance of its benchmark index, which has lost 30 per cent of its value in the same 19-month holding period.

The foundations are in place for the relative and absolute outperformance to continue as highlighted by the 541p share price target of Cavendish. Buy.
Posted at 28/4/2023 09:44 by toptomcat
Just revisiting the business case here. Pre-tax profits up to 5.8M (from 1.3M) on revenue of 86.1M. EPS 39p, a five fold increase and healthy net cash around 90p a share. FinnCapp expecting pre-tax profit to increase 38% to £8M on revenue of £115M. Implying shares are rated on prospective PE of 7.6Really excited about this one. Either the price continues to rise or it a predator takes this company out
Posted at 22/4/2023 22:25 by battlebus2
Midas tips BILN in Mail On Sunday
Billington share price data is direct from the London Stock Exchange

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