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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Waterman Group | WTM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 139.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 139.50 | 139.50 |
| Top Posts |
|---|
Posted at 09/5/2017 16:31 by mount teide Presumably, like many, when i checked and saw there were some 39 new messages this morning for WTM on ADVFN, on what is generally a very quiet thread, before clicking on it, immediately thought it could be only one of two things:Takeover announcement at a modest premium to the share-price (would have been delighted with 115p - 120p) or A profit warning due to a downturn in UK business post the Brexit vote. Even though i felt the market cap of the company represented excellent value, feared the odds were probably more skewed towards it being the latter rather than the former. To secure an offer at a 83% premium to the existing share-price in the current industry climate is a remarkable achievement - once again well done to the Board. Will be raising a good few glasses tonight in appreciation! |
Posted at 09/5/2017 10:47 by blobby Any suggestions for what to replace WTM with? Anything similar? |
Posted at 19/4/2017 06:45 by glaws2 No divi at Hargreaves L yet. |
Posted at 18/4/2017 16:42 by jimmywilson612 Anyone had their Dividend through? |
Posted at 18/3/2017 09:55 by brummy_git Hi Norbert – agreed, WTM could see a material dip in earnings over the next one to 2 years given its high operating leverage . That said, if the shares follow suit, then your projections of a trade buyer appearing would probably come true, thus putting a floor under price |
Posted at 17/3/2017 20:41 by blobby battlebus2,Apologies for my confusion. I'm getting the record date and the ex dividend date mixed up. Thanks for the correction. |
Posted at 17/3/2017 19:06 by blobby Ex dividend today. So it is possible that those waiting for the dividend sold out only to see the share price drop much more than the actual dividend amount.Great value at this level. |
Posted at 01/2/2017 07:52 by norbert colon Blenny. Guess it would be rude for me not to make at least some comment!I am encouraged by the Trading Statement which clarifies the business is on track for 7.6p EPS for YE 2017. Investors can't ask for more than this given the current climate.What is of more interest is 2018 where EPS is forecast to increase by 25% to 9.5p. This puts the company on a PE of 8 which is very modest. Divi will increase to 4p for 2017 followed by 4.8p for 2018. For me that provides a yield of circa 10% based on my average buying price. With infrastructure spending on the increase as confirmed in the Autumn Statement, Waterman are set to benefit from this. The only fly in the ointment remains ongoing Brexit uncertainty, however, the latest RIBA Future Trends survey for Dec 2016 shows significantly increased confidence amongst architects since Nov 2016 and whilst most of WTM's client are developers etc rather than Architects this bodes well.I see an increasing number of investors chasing growth stocks and jumping from one hot stock to another. Each to their own; personally I am happy that WTM is a relatively low risk investment (for me it's one of 25 ish stocks owned) and whilst there will no doubt be bumps along the way I trust the mgt and will remain a long term holder. |
Posted at 11/1/2017 12:31 by cheshire man Been buying a few recently,,,,,,,,,all looking positive to me on the run up to the interims :-)DYOR Notification of Half Year Results Waterman Group plc (WTM.L), the engineering and environmental consultancy, will announce its interim results for the six months to 31 December 2016 on 28 February 2017. 09 December 2016 9/12/16 WATERMAN APPOINTS NEW NON EXECUTIVE DIRECTOR Commenting on the Board changes, Michael Baker, Chairman, said:- "We are delighted to welcome Michael to the Board. His diverse experience brings a breadth of expertise which will be of considerable value to our business." Waterman Group PLC 09 December 2016 Annual General Meeting Statement and Trading Update Waterman Group plc ("Waterman" or "the Group"), the engineering and environmental consultancy, will be holding its Annual General Meeting at 10.30am today. Its Chairman, Michael Baker, will make the following statement: "During the first four months of the current financial year to 31st October 2016, the Group's overall performance was in line with the Board's expectations, with revenue slightly above the prior year period, in part due to beneficial exchange rates. Cash collection has remained strong, supporting the Board's aspiration to maintain a progressive dividend policy increasing the level of dividends payable to shareholders over time. Over recent months, excellent progress has been made on several projects where Waterman is providing engineering and environmental support to clients during the early phase of development design. Additionally, It is with great pleasure that I can update you on the following commissions and prospects: · In November 2016, we announced that Waterman has been appointed to the Ministry of Defence's Army Basing Programme delivered by Aspire Defence to complete, by 2020, 130 new buildings and over 2,600 additional bed spaces for single soldiers at new and enhanced garrison facilities at Bulford, Tidworth, Perham Down and Larkhill across Salisbury Plain and at Aldershot. The value of the construction programme is anticipated to be approximately £680 million and Waterman is involved in over 50% of the works. · We have been instructed to progress scheme and tender information for the planned 90,000m2 extension to the Brent Cross shopping centre in London for Hammerson and Standard Life. This exciting new development continues our involvement in large retail projects throughout the UK where we have recently been the designers for the 40,000m2 Victoria Gate Centre, Leeds for Hammerson which opened in October 2016 and the 80,000m2 Westgate Centre, Oxford for Land Securities and The Crown Estate which will open in Autumn next year. · We are pleased to announce that as part of the Priority Schools Building Programme, PSBP2, Waterman has been appointed by Turner & Townsend to provide technical advice for the feasibility studies of each school. Under PSBP2 the Government is aiming to improve and refurbish 278 schools by 2021. Waterman's involvement will be nationwide and cover approximately one quarter of the schools. · Waterman Aspen, our specialist Highways and Transportation outsourcing business, has welcomed the recent Autumn statement by the UK Government confirming its commitment to invest over £1.3bn to ease congestion on the country's roads. Of particular note is that included within this investment is £1.1bn for the upgrade of local roads. Waterman currently provides engineers on secondment to over fifty County, City and Borough Councils throughout the UK as well as Highways England and Transport for Scotland." "I would like to take this opportunity to thank all our staff and shareholders for their continued support and valued contribution during the last financial year." |
Posted at 28/7/2016 20:07 by glasshalfull WTMConcur with your thoughts geraldus. Absence of any comment on trading was also a positive in my book. This further contract win follows on from the contracts announced of 27th June and strong IMS statement from May. I'd also have expected any negatives on post-Brexit vote conditions to be contained alongside such an announcement. The share price fell 45% following the referendum and is still almost 30% below the highs achieved at the end of May. Broker Singers reiterated the undernoted forecasts today, which place WTM on a PER of 9 for the year just ended and falling to PER of 7 for the current year with the prospective dividend yield rising to 5.5%. WTM is only valued at 0.2x sales based on its £20.8m market cap and excluding their net cash balance. Believe that CSG was taken out for 0.5x sales and I recall Norbert posting a few months back that BDP was purchased by Nippon Koei for 1.25x sales. Please correct if my sums are wrong Norbert :-) Singers also indicate, "Waterman has announced the commencement on site of the Capital Dock Development by Kennedy Wilson in Dublin. Waterman has been appointed to provide civil and structural engineering services. This is a prestigious project and one of the largest undeveloped sites in Dublin’s central business district, incorporating the tallest tower in Dublin. We make no changes to forecasts, but this is another high profile development and the Board looks forward to developing the Group’s relationship with Kennedy Wilson on future projects. We next hear from Waterman in October for the full year results (June year end)." 2016 (year end June) Rev £89.9m PBT £3.6m (+22%) EPS 7.8p (+44%) Div 3.0p (+50%) Net Cash £3.7m 2017 Rev £96.3m PBT £4.6m (+28%) EPS 10p (+28%) Div 4.0p (+33%) Net Cash £3.6m 2018 Rev £103m PBT £5.5m (+20%) EPS 12.1p (+21%) Div 4.8p (+20%) Net Cash £3.9m Kind regards, GHF |
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