Kingspan Share Discussion Threads

[lbo] 27/9/2009 16:41

Sterling's slump adds to our woe


Another construction-related quoted Irish company, Kingspan, is also heavily dependent on the UK with almost half of its sales coming from that market

[lbo] 23/9/2009 11:10

EURO-sterling parity is becoming increasingly more likely by the start of next year. That would put pressure on Irish exporters and the tourism industry, say currency experts.

[lbo] 22/9/2009 22:17

LBO - 10 Aug'09 - 22:39 - 100 of 120 edit


Brokers manipulating markets by stealth, says Financial Regulator



Some Dublin stockbrokers are potentially engaging in market manipulation by seeking to place largescale orders for stocks which are then not implemented, the Financial Regulator has concluded after a long investigation



Cheap sterling is the last thing our economy needs

[h101] 21/9/2009 12:59

What I'm curious about is, with all the negativity why did the price rise?

[lbo] 21/9/2009 10:50

Among those with high sterling exposure are Kingspan, DCC, Abbey and C&C and, in total, 30 per cent of the ISEQ's earnings are in sterling.

[lochgarman] 20/9/2009 16:00

what overhyping?? what price did you buy in at??

[benny62] 16/9/2009 00:33

Now thankfully out of this stock........the overhyping got me out of jail....cannot believe how the incompetent management have survived for so long when you view their personal investments .....eg.. who funds the planes etc....

[lbo] 15/9/2009 21:38

AIB: Pound, dollar fall to hurt exports



Planning permission down 36pc in Q2



Home improvement cost 59pc cheaper now

[djderry] 15/9/2009 20:38

Kingspan now up over 200% from earlier lows.

[lbo] 07/9/2009 19:22

Howard Holdings in talks with backers over future structure


Howard Holdings, the Cork property firm, is in talks with its backers over the future structure of its business.

The company, which is backed by Kingspan co-founder Brendan Murtagh, is working on a major restructuring which will involve establishing a new holding company to manage its portfolio of investments and development projects.

The overhaul of the firm's corporate structure comes after one of its British companies, Howard Holdings Plc, was wound up by the High Court in Britain for non-repayment of debts totalling £1.2 million (€1.37 million).

Last year, the High Court heard that Murtagh, a non-executive director of the business, along with managing director Greg Coughlan and finance director Brian Madden, had agreed to pay investors €3.5 million arising out of guaranteeing a share sale and purchase agreement for a company, Mulbawn Holdings. In June, businesswoman Eileen Monahan, of the Jurys Doyle family, initiated a lawsuit against the three directors over the development of a €200 million Polish property scheme.

[lbo] 01/9/2009 08:11

The troubled phone and broadband business Smart Telecom has been given court protection from its creditors.

John McStay of accountants McStay Luby has been appointed by the High Court as interim examiner of it.

The move represents a setback for Cavan businessman Brendan Murtagh , who has invested heavily of his own money in an effort to sort out the business's problems

[lbo] 29/8/2009 20:54

Smart Telecom owners seek examinership approval

[lbo] 25/8/2009 10:23

Kingspan's share price rose 14% following a strong positive reaction to the interim results yesterday. This leaves the shares trading on 26.3x PER and 12.8x EV/EBITDA based on our raised estimates. This represents a significant premium to peers SIG and Rockwool at 8.8x and 6.9x EV/EBITDA respectively. Add in the fact that there is no near term prospect of a dividend and the €6.15 share price looks expensive.

[lbo] 24/8/2009 20:44

Ireland difficult as Kingspan profits dip

[djderry] 24/8/2009 17:33

Positive outlook,as time goes on the structural story will influence investors.Good discipline regarding costs.

[mveseyx] 24/8/2009 09:23

we're all very quiet in here

[lbo] 17/8/2009 13:21

LOL

Yeah its all positive in Ireland!



Further evidence of the slump in the Irish construction sector came in the way of news from 4HOME (a DIY business with some builders providers) that it is to close more of its locations. 4HOME is a relative newcomer to the Irish DIY market (opened its first DIY store in 2004) and at its peak had 13 owned/franchised and 7 co-op / builders providers stores. Over the weekend, it closed three of the co-op stores, which follows the closure of seven of the owned stores over the last number of months

[dubmark74] 13/8/2009 13:48

Kepp up the negativity LBO, up and up we go.

[lbo] 10/8/2009 22:39

Brokers manipulating markets by stealth, says Financial Regulator



Some Dublin stockbrokers are potentially engaging in market manipulation by seeking to place largescale orders for stocks which are then not implemented, the Financial Regulator has concluded after a long investigation

[lbo] 08/8/2009 08:04

Profits hard to find at hidden hotel



EUGENE MURTAGH'S five-star Hempel hotel in west London has been busy filing its annual accounts of late in a move to avoid strike-off by the companies office in Britain

[4pm] 31/7/2009 10:20

take it from me you wood be mad to invest in such a bunch of money wasting shysters with unrealistic year on year goals. These people should have bought an airline and hotels instead of flushing money down the drain. I taught they were a decent company but they just don't know how to stop wasting profits.

[djderry] 30/7/2009 22:07

Share prices go up and down.Probably some reaction to Travis Perkins' results.Also,if international markets get more confident,thay creates a bit of a bounce.It's short term stuff.LBO,I don't see it as relevant.Directors can have interests in many companies.How is it relevant to Kingspan?