||EPS - Basic
||Market Cap (m)
Real-Time news about Galiform (London Stock Exchange): 0 recent articles
|crosswire: BEST OF THE BROKERS
Friday, 13th November 2009
Noble analysts said that Galiform's trading update did not disappoint, with an improved sales trend and a gross margin well ahead of expectations. The broker increased its full-year 2009 earnings per share estimate by 28 per cent and for 2010 by 38 per cent, which it said means that, even after the recent share price rise, its 110p valuation is not expensive. With risks remaining on the upside, it has Galiform as a top pick in the sector.
|overmars: Trojan and Pat..you both make me laugh. Pat thinks they are going to 90. Trojan says not fully valued going to 85/90. What were you thinking when you sold ? We just change the story when we see the latest share price ?|
|trojan: I think TP have enough on their minds at present, which will leave us to get on with recovering a decent SP!
By the time they come knocking we should be around 50p at the very least imo!!
"Travis Perkins is this weekend putting the finishing touches to a £300m rights issue and placing. The company, which owns the Wickes DIY chain, is expected to announce the heavily-discounted cash call to the stock market tomorrow morning. The capital raising has been fully underwritten by its financial advisers, HSBC and Citigroup, which has gained preliminary support from some large investors. Some analysts have expressed fears that the company, which has a market value of £925m, is close to breaching its banking covenants, but the rights issue will give it considerable headroom within its existing facilities. Travis, one of the most shorted stocks in the FTSE 350, has resisted pressure to tap the market for cash since February, when its share price was 290p. On Friday, it closed at 753p, meaning the move will be less dilutive for existing investors."|
|patviera: made 8.5p eps last year..wouldnt it be great if they made 6p this year on back of economy chuggling along nicely and a pick up of bus from mfi customers etc....pe of 10 and 60p would make me very very happy.
TPK could bid 60p and get rid a chunk of central costs and be ready to clean up on a 5 year view ready for the next cycle.im not dreaming am I? Especially with TPK share price now on a surge(260-686!!)|
|patviera: I agree but share price definitely being held back cos of it....|
|patviera: i look up tpk,home,psn,tw/,bdev,wos,mks dgsi etc as some sort of guide as to gfrm share price yet all the above have rallied except for gfrm...it wimds me up!!it must be cos of an increasing pension deficit and cos of mfi liabilities...shame|
|patviera: trojan...looking at most other hbuilders/cyclicals...eg tpk,wos,home,bdev....if I had to guess share price I would say gfrm would be 25p...just no rally at all in them...I suppose its the uncertainty of the total costs of MFI leases...?|
|bradker: What will happen to share price now MFI has gone bust. Will galiform trade out of this or will the share price plunge.|
|patviera: Trojan...any other shares you like? what is the thing you look at most at determining gfrm future? tpk share price?or libor?or .....?
Also are you thinking price goes up on fundamentals or cos they will be taken over?in a good year they could make 100mill plus and surely for a predator who can strip the large central costs it must be a steal?..just need credit markets to ease which they seem to be doing to a small extent.|
|patviera: i thought the onerous leases would be costly and i read somewhere about 6 month rent free periods which wont help but i suppose at least they get rates...heres to a more than doubling!!! what share price do you look at which is most similar to what gfrm does...nobia?|
Galiform share price data is direct from the London Stock Exchange