||EPS - Basic
||Market Cap (m)
|Construction & Materials
Lupus Capital Share Discussion Threads
Showing 5976 to 5999 of 6000 messages
|The end of an era.
|Yes, I wondered whether to add the 'kiss of death' remark!|
|Ooo, that's the end of that, then :-)|
|Tipped as a 'buy' in Investors Chronicle.|
|Even now (144p) I find it hard to rationalise why this should be 14x earnings and many building products suppliers are half that. To take one example - look at Norcros, 7x earnings.
Basically the same shtick: building products supplier. Doors & windows at Lupus, showers & tiles at Norcros. Doesn't seem very different. Norcros an alarmingly large pension fund, but Lupus has proportionately more debt.
I can make an argument that Lupus is a better business than Norcros (I can also make the converse). But twice as good?|
|Presumably as a result of the rather downbeat IMS on 12/12.
"...Steady US growth has counter balanced tough market conditions in the UK and Europe.
2013 will see further difficult markets...."|
|Then why's it crashing?|
|Slightly surprised LUP hasn't picked up some benefit from WOS results indicating strength in the US construction market.|
|good us housing numbers yesterday are all good for this story - the operational leverage could mean we have some way to go here..|
|Perkier and perkier!|
|Yes, nice to see new highs being set. I assume it's on the back of WOS results today confirming that US housing/construction market is moving ahead positively.|
|Nice movement on big volume today.|
|thought the share price was asleep after the results -appears to have woken up this pm|
|Funny - Greg also conveniently forgets it was his decision, and his alone, to buy Laird Security Systems at the top of the market, when it was earning peak margins and earnings, in an over leveraged structure. Whilst it was probably the right deal, its undeniable it was the wrong time and the wrong financing structure.....|
|agreed - results pretty good. i never get upset when debt is reduced...|
|If Greg thought they sold GT too cheaply, then surely he'd have been happy to bid for it with his own cash? Equally, if he is so unhappy about how the business is being run, why does he not put in a EGM? (because he knows that it would not get any other major shareholders to support it). If its him vs the other shareholders, then he is always free to bid for the company. Times article does not seem very balanced.|
|There was an article in the Times over the weekend saying that Greg Hutchings was girding his loins for another legal challenge to the Board. I hope not. Whatever the rights and wrongs, I can't see the point of re-fighting old battles and it is so disruptive to the business which seems to be going forward quite nicely now (if not in the way GH planned). Let sleeping dogs lie!|
|I hope so. I'm also a shareholder in TPK and it is notable that the building supplies market has remained far more robust than doomsayers predicted on the back of weak housebuilding figures. I think the 'repair and replacement' sector has held up quite well.|
|us housing market on the up, steel prices on the way down, good news for the results on the 4th? any views....|
|Surprisingly perky in an otherwise rather dour market. Run-up to the Interim results on 4th September?|
|All rather quiet here....|
|AGM statement seemed solid enough, if unexciting.|
|AGM - 25th May 2012 @10.30am.|
|According to the accounts, page 35, total profit for the year amounted to £15,483M, of which GT made £7,399M and the building products made £1,309M, with the receipt by the company a tax credit of £6,775M.
In fact I was wrong when I said GT made half the profits. GT made in fact 85% of the profits of the year. Of the total profit made for the year of £15,483M, GT made £7,399M, the building products made £1,309m with a tax credit of £6,775M.
Under the circumstances, I wonder whether shareholders approval would be appropriate in this instance.
Lup will be OK this year, for it will book the profit on GT in the accounts for this year, but it will have its work cut out to get any decent profits into the accounts of the following year, when only the building products will be included.|