Goodwin Share Discussion Threads

[cambium] 18/3/2011 17:22

Yep sorry I meant Q3 and 1 and 2 still not sure that they are going to beat last years

[cockneyrebel] 18/3/2011 16:40

that's the 9 months isn't it?

CR

[cambium] 18/3/2011 16:08

Earnings for the whole of Q3 is only 76p ouch!

[kneecaps2] 14/3/2011 14:21

results due thursday i believe should be reasonable.downside i believe is they could be affected by Japan nuclear problems short term.

[gopher] 22/12/2010 22:25

Agree re the lack of sparkle and after a rapid expansion financial results seem to have plateaued for now. The stock rating is below some small cap engineers so it will be be interesting to see how the 29% order intake increase impacts profits in 2011. I was surprised re the comment on currencies given the pound is not strong - did they get things wrong here in 2010

[cambium] 21/12/2010 10:20

lost its Zulu status today

[alexisk] 21/12/2010 09:40

Agree, the increase in orders looks very encouraging and the share price will start moving ahead strongly again in 2011 in my opinion.

[stevenlondon3] 21/12/2010 08:39

Gross margins unchanged but reduced profits from increased overheads. The statement cautious but the 29% increase in orders should bode well for the second half and 2011. Hardly a sparkling statement but enough to keep me a holder for the next six months.

[stevenlondon3] 13/12/2010 10:36

Last year's interims were on the 21st december.....maybe that will give the price a prod.

[vulgaris] 25/11/2010 19:17

Breakout time....

[cambium] 10/9/2010 13:01

it is now not a slater stock

[cambium] 10/9/2010 13:01

Goodwin Plc. (GDWN.L) announced its first quarter Interim Management Statement for the period 1st May to 31st July 2010, reporting that profit before tax rose to GBP 2.56 million, from GBP 2.49 million in the same quarter of the prior year.

Profit attributable to equity Holders of the Parent declined to GBP 1.64 million, from GBP 1.65 million last year. Earnings Per Ordinary Share decreased to 22.74 pence, from 22.86 pence last year.

Revenue from continuing declined to GBP 21.36 million, from GBP 21.92 million last year.

[cambium] 10/9/2010 13:00

Goodwin PLC today announces its first quarter Interim Management Statement for
the period 1st May to 31st July 2010.

The unaudited consolidated and abbreviated profit and loss statement below for
the first quarter's trading ending 31st July 2010 shows revenue of GBP21,357,000
and profit before tax of GBP2,562,000.

The first quarter results are in line with management expectations. No
exceptional or material adverse events have impacted on the Group during the
relevant period.

[jimmy tarbuck] 26/8/2010 12:40

Great results under very challenging circumstances last year.

You won't budge me from a single share in this company - boring or not. This is my pension pot and I expect it to keep growing.

I particularly like the comment about taking on additional skilled employees to "help cope with our continued growth aspirations over the next five years". Bring it on. Long live the Goodwins.

[cambium] 24/8/2010 09:26

Care of Mattjos...

We order industrial chains & sprockets from China that we use in drivetrains.
Just called up today for price and availability ..... minmum lead times have now gone out to 16 weeks from order! ... global demand for chain, sprockets & belts is far exceeding current manufacturing supply.
Chinese factories have been taken completely by surprise on the speed with which demand has bounced back and are struggling to bring production back up quick enough to meet the demand.

[cambium] 23/8/2010 15:28

Goodwin bridges revenue gap 23/08/2010

The metal castings and engineering specialist Goodwin plc said today (23 August) that it had managed to maintain profitability during the current year despite an overall drop in sales revenue that will nevertheless be boosted by two large machined casting contracts for bridge construction in the US and Norway worth around £12 million.



Announcing its financial results for the year to 30 April, the Stoke-on-Trent based group said the companies in its Refractory Division – which operate in the UK, India, Thailand, Brazil and China, and supply moulding consumables and machinery to the jewellery investment casters – significantly improved their profitability in the face of difficult world trading conditions.

The Engineering Division reported reduced profits having adopted a policy of conserving the work load to protect its skill base but orders had recovered in the second half.

Chairman John Goodwin reported that by the end of the first half of the financial year the Board, with a greater level of confidence that the Group's financial performance was not going to be damaged by the global recession, embarked on an internally financed £4 million capital expenditure programme including, in the UK, the ordering of its largest CNC machine tool to date to serve a growing demand for larger engineering components.

Work in progress included two large machined casting contracts for the Oakland Bridge in California and the Hardanger Bridge in Norway and the group was now focusing on obtaining orders for engineering products with a higher weight range of up to 25 tonnes.

The workload for current orders remained the same as it was 12 months ago (approximately 6 months of workload) and new order potential seemed more positive due to a rise in enquiries and signs that more capital projects were being released in the energy sector, Goodwin said.

Pre-tax profits for the year were £13.3 million (2009: £13.1 million) on revenue of £93.9 million (2009: £100.7 million).

[alexisk] 23/8/2010 11:02

Last year they updated on the 1st qtr around 9th September so maybe we'll have a better idea in a few weeeks time.

[alexisk] 23/8/2010 09:53

Look like solid results, with growth of the refractory businesses in places like India, China and Brazil particularly encouraging. Anyone any thoughts on likely profits and eps for the current year?

[cockneyrebel] 12/8/2010 11:46

OK - I've decided to sell out over the past month - faster stuff to chase and the chart here arching over. Been a nice hold but I'm bored :-)

Great little co - needs a bit more PR perhaps.

CR

[cockneyrebel] 08/4/2010 18:35

yep, I think the director sells just prior to the buy took the sine off them.

Anyway, Q3 statement was decent - results in Aug should be good imo.

CR

[gopher] 07/4/2010 21:22

Director buys recently but shares pretty much unchanged on 12 month ago against FT100 rise from 4000 to 5700

[cambium] 12/3/2010 12:36

....................Q4 09...09
Net profit margin 13.06% 9.05%
Operating margin 19.42% 13.73%

[gopher] 09/3/2010 22:26

Looks good value compared with others e.g ror but very underresearched and off the institutional radar despite some positive write ups in the FT. topped up this week before results

[cockneyrebel] 09/3/2010 10:28

Pretty decent results today - amazed to see them before the open - what's happened to my afternoon excitement I am used to :-)

A pretty decent 9 months = strong $ has obviously helped as they say.

Steady as she goes :-)

CR

[cockneyrebel] 05/2/2010 20:07

Dunno, automated trades taking ut into auction at the close perhaps.

CR