|Hill & Smith Holdings
||EPS - Basic
||Market Cap (m)
Hill & Smith Share Discussion Threads
Showing 1201 to 1223 of 1225 messages
|And another from earlier today..
61,379 @ 1089.5p
Must be cleared out soon.|
|Still a big seller about I reckon... just printed..
40,919 @ 1082p|
|Not looking that good , can buy @ 1095p now. Not much volume yet though.|
|Nope, no luck it climbed away from me Philanderer. Either Monday sees the start of a bear trend in the share price and I get my top-up circa either 1090p / 1080p / 1070p-ish.
. . . Or this retrace is over as quickly as it started and I made a huge mistake staring at 1102p on the screen before posting here on Friday and thus letting the opportunity pass.
Which will it be? :)|
|Luck with those velod. I was tempted to buy a few more today but instead went out and tidied the garden debris up after the gales yesterday :-)
Sh+te day for the share price|
|Not looking too good this week.
Prelims due march 8th ...... mmmmmmmm :-S|
|3 growth stocks I’d buy in March
As investment in Britain’s road network clicks through the gears, I reckon Hill & Smith (LSE: HILS) should keep delivering robust earnings growth long into the future.
The business — which makes a wide range of road furniture, from barriers and bridges to road signage — announced in November that that “trading… has continued to be encouraging,” and that “trading performance for the current financial year [should] be at the top end of market expectations.”
And I believe a similarly-upbeat full-year statement (slated for Wednesday, March 8) could see the engineer’s stock price shoot to fresh record tops.
Hill & Smith is steadily building its safety barrier rental fleet in anticipation of shooting demand as the government’s Road Investment Strategy rolls on. But the UK is not the only story, the company also enjoying improving demand from overseas and particularly the US.
The City expects earnings at Hill & Smith’s to rise 8% in 2017 and by a further 3% in 2018, projections that produce P/E ratings of 17.2 times and 16.3 times correspondingly. I reckon this is stellar value given the firm’s excellent sales momentum.
|Charging up , but little volume as yet.|
Anyway, Numis upgrade.
Hill & Smith Holdings PLC (HILS:LSE): Last: 1,169, up 34 (+3.00%), High: 1,169, Low: 1,144, Volume: 39.71k
Hill & Smith shares have drifted over recent months. Indeed the performance has diverged from other 'Trump stocks' since the Presidential election; H&S +9.5%, Ashtead +33%, Vesuvius +34% and the Engineering sector +18%. The PE rating (17x 2017) is now a discount to the sector, if high by historic levels. With Brexit also looking less of an issue and currency benefits we see upside risk to numbers (with further potential from bolt-ons as usual). A 5% upgrade to numbers and sector PE of 18x suggests 1280p target price and hence we put the shares back on a positive rating (Add from Hold).
(The phrase "Trump stocks" feels more awkward than it did last week. There's a risk that it's increasingly coming to mean Academi, G4S and Aegis Defence Services rather than the makers of pipes.)
UK. Post Brexit we took a slightly cautious view on the UK business, in particular the housing related activities. The group’s Birtley subdivision of businesses manufacture doors, lintels, plasterers accessories and associated building metalwork structures and is highly exposed to the housing sector. The business has sales of c. £40m with margins close to 10%. The predicted fall off in housing starts post Brexit is now replaced by more positive expectations for 5% growth suggesting the business should now make positive progress in 2017.
Mr Gekko @be is brexit looking less of an issue?
North America. The US business performed well in 2016 assisted by the second full year from the new Memphis galvanizing plant. Obama’s five year $305bn highways bill was passed in 2015 but the spending benefits only started to come through in H2 2016 suggesting that there is more to come for H&S from this avenue even before Trump’s infrastructure splurge is enacted. At present we have broadly flat underlying numbers for galvanizing assuming some UK softness offsetting US growth and French recovery. If the UK continues as expected and additional US infrastructure comes through this could prove a touch conservative. In addition the Zoneguard temporary road barrier business appears to be gaining traction at just the right time.
Oh, there we go. The Zoneguard temporary road barrier.
There's a Mad Max angle after all.
|Hill & Smith Inc. @HillandSmith 15 minutes ago
Zoneguard's male-female connection slides together quickly and require no loose parts
|4th jan N+1 Singer buy tp 1362p
|Non - exec director making first purchase
|Nice one.Been on my watch list for a while, less than £12 would do me.Good luckDD|
|In for a few @ 1196p
Luck to all.|
|I'm holding on to this. It's certainly not going to drop anytime soon. Anyone else in?|
|Why oh why did I sell this to fund another share!? Worked out ok but I should have stayed with this great company. Best trading advice is hold a great company !|
|Do HILS have a wall building business in America?! Massive rise over the past two days.|
|virtuous circle is not an epithet I would attribute
business performing well no doubt|
The attraction here is they have a virtuous circle going of growing revenues and increasing margins in safety regulation driven markets. So they don't look cheap but then quality growing companies seldom are.|
I always look a little closer at the "exceptionals" when looking at acquisitive businesses. That is where all the mistakes are squirreled away
They are real costs in running such businesses
Underlying eps means realively little in this context
Even expensive at 31p for six months|
|underlying EPS for half year is 31p|
|£11+ on half year EPS of 16.8p?
· Continued strong trading, +6% organic underlying revenue growth; underlying operating margin +170bps to 13.0%
· Over 80% of underlying revenue and 90% of underlying operating profit generated from UK and US operations, where infrastructure investment outlook remains favourable
· Underlying operating profit up 25% driven by growth in UK and US operations
· Five infrastructure acquisitions completed, non-US Pipe Supports restructuring on plan, in line with strategy of active portfolio management to drive returns
· Strong cash generation supporting continued investment in acquisitions and organic growth
· Interim dividend increased by 20% to 8.5p
Derek Muir, Chief Executive, said:
"These results represent an excellent performance, with record revenue and profitability and improved underlying operating margins across all three divisions. We continue to benefit from our strong position in niche infrastructure markets, predominantly in the UK and US, where high levels of investment are fuelling demand for our products.
"In the UK, the Government's Road Investment Strategy provides certainty of funding through to 2020/21 and, in addition, exciting progress is now being made in our Roads business in the US and Australia. In Utilities also, our UK and US activities are well placed to continue to benefit from the significant investment in the ageing infrastructure of those countries. In Galvanizing, notwithstanding strong comparatives in the second half, our US and UK operations are expected to more than offset any weakness in France.
"Overall, although risks remain, 2016 is expected to be a year of good progress."|