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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Bss Grp. | BTSM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 477.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 477.00 | 477.00 |
| Top Posts |
|---|
Posted at 15/4/2010 08:34 by etome Newest broker recommendations on BTSM:15/04/10 BSS Group raised to buy from neutral at Arden 14/04/10 BSS Group buy rating at Panmure Gordon 06/04/10 BSS Group buy rating at Royal Bank of Scotland NV |
Posted at 16/12/2009 12:38 by wad collector Tipped in the Times last monthBSS Group You might not take BSS Group for a builders' merchant. Unlike SIG, Travis Perkins or Wolseley, it has not tapped its shareholders for cash. Nor has it cut its dividend, a virtue confirmed by yesterday's first-half figures, which showed BSS maintaining its interim payout. But other numbers give it away. Like-for-like sales in the six months to September 30 fell by 6.8 per cent; pre-tax profits dropped by 23 per cent. That might be considered resilient in a sector clobbered by a collapse in new housebuilding and a diminishing tail of commercial construction. For now, trading in October and November, two of its more important months, has been in line with forecasts. The new worry is the threat to BSS's £130 million of sales to the public sector - to schools, hospitals and social housing - from looming government cutbacks. BSS is braced for the worst (it believes that it may lose half of those revenues over three years) but says that expansion in new niches, such as renewable energy, drainage and heating spares, should more than offset the hit. At 253¼p, or nine times next year's earnings, the gloom is priced in. Buy. |
Posted at 07/7/2008 11:32 by m.t.glass I too have an existing downbet on BTSM, along with other suppliers to the construction/DIY sectors - MSLH,TPK,WOS,SHI,GFT |
Posted at 07/7/2008 11:28 by m.t.glass LONDON (Thomson Financial) - Citigroup has cut its target prices and earnings estimates and some ratings on a number of builders merchants stocks, as it believes this market will remain under pressure until the outlook becomes more predictable, traders said.In a note on builders merchants published Friday morning, Citigroup said it has downgraded its rating on BSS Group Plc. (BTSM) to 3M from 2M, slashed its target price to 280 pence from 420 and clipped its estimates. Citigroup retained its 2M rating on CRH Plc. (CRH) but cut its target price to 16.50 euros from 26.00 euros and reduced earnings estimates. Marshalls Plc. (MSLH) was retained as a 1M rating but had its target price chopped to 180 pence from 255 pence, whilst its forecasts were also clipped. Meanwhile, SIG Plc.'s rating (SHI) was held at 2M, but its target price was lowered to 460 pence from 825 pence and its forecasts were also downgraded. Travis Perkins Plc.'s rating (TPK) was left unchanged at 1M, but its target price was almost halved to 670 pence from 1,290 pence, whilst its forecasts were lowered. Finally, Wolseley Plc. (WOS) stayed as a 2M rating, whilst its target price was dropped to 370 pence from 550 pence and its estimates reduced. Citigroup concluded that the sector looks bereft of near-term catalysts, and with their limited exposure to emerging markets and heavy exposure to residential markets in the developed world, cyclical pressure are weighing heavily on earnings. |
Posted at 10/6/2007 11:49 by mrx9000 An interesting company and I like the fact that there is a lot more demand for their green products. However just of late it has stalled and IMHO it is time to either top slice your profits or move on, as an imminent slowdown in the housing market will have an impact.Interesting piece in Shares magazine this week... Further proof has emerged that money can be made from green products and services. The struggle to be profitable by such companies as carbon credit firm AgCert (AGC) has prompted commentators to suggest attention paid to the green industry amounts to hot air. Yet many support service firms have proved the sector has become a flourishing business ground, including the latest beneficiary, industrial components distributor BSS (BTSM). Weve seen the equivalent of five years worth of growth in environmentally friendly construction and maintenance products in the past twelve months, says chief executive Gavin Slark. For us, there has been a step-change in domestic heating requirements towards renewable energy. In the past year, BSS believes renewable energy items have gone from being niche products to mainstream items. We sold 500 solar heating units between April 2006 and March 2007, whereas a year earlier we didnt even stock them because there was no demand, reveals Slark. BSS is also seeing fast-growing sales in heat pumps that re-use energy from the ground or air; and biomass boilers that burn wooden pellets of recycled waste wood. It has also reported an uplift in sales of rainwater recovery units for new-build construction projects. A filtration system is fitted to new houses to collect rainwater and recycle it for non-drinking purposes, such as supplying water for laundry or toilet flush systems. BSS has reported a 28% rise in full-year pre-tax profit to £47.3 million. Operating margins advanced to 5.07% from 4.8% in the period and investors are getting 29% higher dividends. Slark says the success is not down to clever marketing but rather having a simple business model. We buy goods and sell them at a higher price. Thats it. Expansion is eyed from BuckHickman InOne, the loss-making toolhire business it recently bought from Premier Farnell (PFL) for £27 million. It plans to tighten up operations across its 29-strong branch network and forecast it will become earnings enhancing by 2009. BSSs domestic division will also get 30 new branches in the coming year as it enjoys rising demand in repair and maintenance kit. The industrial division is also trading well on the back of government investment in education and infrastructure. It recently opened an office in Stratford, East London so that it is on the doorstep once Olympic construction work gets under way. |
Posted at 06/2/2007 10:41 by ed 123 Unfortunately, there seem to be 50 takeover rumours for every one that materialises. However, BTSM looks a good buy and hold type stock to me. The Company is performing well and the longterm uptrend of the shareprice should continue, imho. Holding and happy. |
Posted at 27/11/2006 12:46 by wad collector Solid interims, but only up 1.8% - looks like the market expected pretty good results anyway.Still unimpressive yield despite todays dividend hike. |
Posted at 18/9/2006 15:56 by jocjoc Has anyone got an undate on btsm it seems along time since any chatting about this company ??? |
Posted at 20/6/2001 23:47 by energyi superpete,I like high yield/ low PE stocks... I have had a series of winners (and no losers) in this area, including: SGC at 58P, CAR at 96P, BTSM at 254P?, HYWD at 136P, THT at 74P... (just look at the charts on these, and you will see how much money I made, or check the threads where I posted my recommendations) and I have a list with many more candidates. I'm waiting for the right Buy levels. I am building a site which will (amongst other things) track these types of stocks. (it will be free. I'm looking for intelligent commentary, not money.) Interested? |
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