Galiform Share Discussion Threads

[balcony] 24/10/2021 10:45

Interesting reading this BB started in 2008, the HOWDENS Story in how the shareprice moved about in that period.

[nickiegaul] 08/9/2010 14:00

Any one got any idea how much Connaught are in to Howdens for.
or is it already in the price, I read somewhere that connaught were their biggest customers.

[pmgn] 22/7/2010 10:56

It was tipped by Zak Mir.

I received this via email yesterday:

[jardi20] 21/7/2010 09:23

good results, hopefully now the push to £1

[crosswire] 21/7/2010 09:17

Galiform 24-week Pre-tax Profit Rises - Quick Facts

Date: 21 July 2010





(RTTNews) - Galiform plc (GFRM.L) announced half yearly report for the 24 weeks ended 12 June 2010.

Profit for the period was £14.2 million, comapared to a loss of £1.4 million last year. Earnings per share were 2.3 pence, as against a loss of 0.2 pence a year ago.

Profit before tax surged to £21.6 million from £4.7 million in the prior year period.

Revenue for the period grew to £324.7 million from £316.8 million in the previous year.

[crosswire] 21/7/2010 09:16

Galiform sales push ahead
Wed 21 Jul 2010

GFRM - Galiform

Latest Prices
Name Price %
Galiform 70.10p +9.96%

FTSE 250 9,817 +1.30%
FTSE 350 2,749 +1.36%
FTSE All-Share 2,688 +1.33%
Support Services 3,881 +0.94%

LONDON (SHARECAST) - Shares in kitchen and joinery group Galiform rallied as sales bounced back strongly from the cold spell at the start of the year.

Profits in the half year to June jumped from £4.7m to £21.6m, on sales of £325m up from £317m.

Howden Joinery UK depot revenue increased by 3.2% to £319.2m, up 2.5% on a same depot basis, though revenue increased by 6.0% year on year in the last four periods of the half.

Since end of June, Howden Joinery's revenue has increased by 5.7% over the same period last year. The group has opened 16 new depots in 2010, bringing total to 478 and in line with plan to open between 20 and 30 this year.

"After a slow start to the year, we delivered a further improvement in gross profit margin and a substantial increase in operating profit. We also succeeded in further reducing our property liabilities. The 16 new depots we have opened so far this year are performing well, as are the new kitchen ranges we have introduced, " chief executive Matthew Ingle said.

[crosswire] 21/7/2010 09:16

Galiform Plc gained 4.8 percent to 68.5 pence. The owner of the Howden Joinery builders' merchant brand said first-half pretax profit increased to 21.6 million pounds from 4.7 million pounds in the same period a year earlier.

[crosswire] 21/7/2010 07:44

Galiform margins rise

2010-07-21 07:20:43

Business Financial Newswire - Galiform said today that Howden Joinery UK depot revenue increased by 3.2% to £319.2m in the 24 weeks to 12th June, up 2.5% on a same depot basis.

However, revenue increased by 6% year on year in the last four periods of the half, after the end of the cold weather that disrupted the start of 2010.

Group revenue was £324.7m (2009: £316.8m).

Gross profit margin rose from 54.1% to 58.1%.

Operating profit before exceptional items increased to £24.5m (2009: £10m).

Profit before tax and exceptional items increased by £16.9m to £21.6m (2009: £4.7m). Basic earnings per share from continuing operations2 increased to 2.3p (2009: 0.5p);

Net cash outflow was £5.1m including cash payments totalling £21.7m relating to 'legacy' properties and a payment, in excess of the operating charge, of £13.2m to the Group's pension schemes.

Thr group had net debt of £2.7m at 12th June 2010 (26th December 2009: £2.4m net cash).

Howden Joinery UK depot total revenue increased by 5.7% in the first period of the second half of the year compared with the same period last year.

CEO, Matthew Ingle, said: "We are pleased with these results, which reflect the strength of Howdens' business model and point the way to future growth. After a slow start to the year, we delivered a further improvement in gross profit margin and a substantial increase in operating profit. We also succeeded in further reducing our property liabilities. The 16 new depots we have opened so far this year are performing well, as are the new kitchen ranges we have introduced.

"We have identified further opportunities to develop the business and intend to continue to invest in its growth. We remain cautious about the economic environment, however, and will continue to manage the business in the light of economic conditions."

[crosswire] 19/7/2010 10:46

Buying on hopes that the kitchen manufacturer will cook up some impressive half-year figures later this month helped Galiform advance 5.95p to 70.8p.

Read more:

[jardi20] 13/7/2010 16:54

something afoot, nearly 10% in one day and no news,???????????

[trojan] 12/7/2010 16:43

V.. lol

Just looking at that post is enough to give me a headache. I think it is just SETS and very similar to a lot of shares including UNIQ where the order book is being minipulated imo.

Re UNIQ, well the news could come any day although it is not easy for the regulator to move quickly on this proposal as it is out of the norm so to speak.
They have a pretty solid UK business now and it will be in everyones interest for it to continue as it is with the new "P" agreement in place and I would not rule out them looking for a few bolt-ons once it has been given the green light.
Like many I should have taken more profit when it went to 46p, but even after all these years we still seem to take a bit more risk when it is not required imo. ;)

[venkata] 12/7/2010 15:06

Well come on then then Trojan... you are NEO... what does it all mean;-)

I've taken a bit of a hit over on UNIQ since buying in at 25p. When do you think we might get some clarifying news from the regulator?

v

[trojan] 12/7/2010 14:57

All I can see is the Matrix!! ;)

[venkata] 10/7/2010 16:38

eh????????????????????????????????/

[nickiegaul] 09/7/2010 20:32

Just thought these were a bit odd
Num. Code Price Size Type C T Bid Offer Time Buy Sell ? Buy % Buy Vol. Sell Vol. ? Vol.
154 A2005KCCWD 64.25 29809 UT 64.2 64.35 16:35:02 29,809
226,746 166,284
153 A2005KCCLU 64.25 3 AT 64.25 64.35 16:28:41 3
226,746 136,475
152 A2005KCCLT 64.25 5 AT 64.25 64.35 16:28:41 5
226,746 136,472
151 A2005KCCLR 64.25 9 AT 64.25 64.35 16:28:40 9
226,746 136,467
150 A2005KCCLQ 64.25 18 AT 64.25 64.35 16:28:40 18
226,746 136,458
149 A2005KCCLI 64.25 35 AT 64.25 64.35 16:28:39 35
226,746 136,440
148 A2005KCCLH 64.25 69 AT 64.25 64.35 16:28:38 69
226,746 136,405
147 A2005KCCLG 64.25 138 AT 64.25 64.35 16:28:38 138
226,746 136,336
146 A2005KCCLF 64.25 275 AT 64.25 64.35 16:28:38 275
226,746 136,198
145 A2005KCCLE 64.25 550 AT 64.25 64.35 16:28:37 550
226,746 135,923
144 A2005KCC8B 64.35 500 AT 64.2 64.35 16:24:59 500
226,746 135,373
143 A2005KCBS4 64.3 1227 AT 64.15 64.3 16:19:55 1,227
226,246 135,373
142 A2005KCBJH 64.15 700 AT 64.15 64.35 16:17:33 700
225,019 135,373
141 A2005KCBJ1 64.15 100 AT 64.15 64.3 16:17:27 100
225,019 134,673
140 A2005KCBIQ 64.15 300 AT 64.15 64.3 16:17:23 300
225,019 134,573
139 A2005KCBII 64.15 300 AT 64.15 64.3 16:17:13 300
225,019 134,273
138 A2005KCBHW 64.15 400 AT 64.15 64.3 16:17:07 400
225,019 133,973
137 A2005KCBH1 64.15 100 AT 64.15 64.3 16:16:59 100
225,019 133,573
136 A2005KCBH0 64.15 100 AT 64.15 64.3 16:16:55 100
225,019 133,473
135 A2005KCBGS 64.15 600 AT 64.15 64.3 16:16:51 600
225,019 133,373
134 A2005KCBGN 64.15 600 AT 64.15 64.3 16:16:43 600
225,019 132,773
133 A2005KCBGH 64.15 933 AT 64.15 64.3 16:16:34 933
225,019 132,173
132 A2005KCBGG 64.15 167 AT 64.15 64.3 16:16:34 167
225,019 131,240
131 A2005KCBFV 64.15 163 AT 64.15 64.3 16:16:19 163
225,019 131,073
130 A2005KCB8L 64.15 890 AT 64.15 64.35 16:13:11 890
225,019 130,910
129 A2005KCB8K 64.15 238 AT 64.15 64.35 16:13:11 238
225,019 130,020
128 A2005KCB8J 64.15 3123 AT 64.15 64.35 16:13:11 3,123
225,019 129,782
127 A2005KCB8I 64.15 2031 AT 64.15 64.35 16:13:11 2,031
225,019 126,659
126 A2005KCB8H 64.15 2046 AT 64.15 64.35 16:13:11 2,046
225,019 124,628
125 A2005KCB82 64.15 6689 AT 64.1 64.15 16:13:04 6,689
225,019 122,582
124 A2005KCATY 64.1 1979 AT 64.1 64.15 16:06:53 1,979
218,330 122,582
123 A2005KC9MG 64.2 3977 AT 64.0 64.2 15:47:21 3,977
218,330 120,603
122 A2005KC9ME 64.0 2 AT 63.9 64.0 15:47:20 2
214,353 120,603
121 A2005KC9MD 64.0 5168 AT 64.0 64.25 15:47:20 5,168
214,351 120,603
120 A2005KC9MC 64.0 1700 AT 64.0 64.25 15:47:20 1,700
214,351 115,435
119 A2005KC97D 64.0 4224 AT 64.0 64.3 15:41:41 4,224
214,351 113,735
118 A2005KC8JQ 64.0 1566 AT 63.85 64.0 15:35:35 1,566
214,351 109,511
117 A2005KC87M 63.85 3236 AT 63.85 64.0 15:32:54 3,236
212,785 109,511
116 A2005KC7Z5 63.85 1403 AT 63.85 64.0 15:29:45 1,403
212,785 106,275
115 A2005KC7PU 63.99 3300 O 63.8 64.0 15:26:16 3,300
212,785 104,872
114 A2005KC63C 63.852 3000 O 63.8 64.05 15:07:55 3,000
209,485 104,872
113 A2005KC5AZ 63.8 9578 AT 63.8 64.05 14:58:05 9,578
209,485 101,872
112 A2005KC5AY 63.8 4000 AT 63.8 64.05 14:58:05 4,000
209,485 92,294
111 A2005KC59Q 63.95 1941 AT 63.65 63.95 14:57:41 1,941
209,485 88,294
110 A2005KC59P 63.95 13000 AT 63.65 63.95 14:57:41 13,000
207,544 88,294
109 A2005KC59O 63.95 5162 AT 63.65 63.95 14:57:41 5,162
194,544 88,294
108 A2005KC59G 63.95 708 AT 63.6 63.95 14:57:27 708
189,382 88,294
107 A2005KC582 63.75 1850 AT 63.6 63.75 14:57:00 1,850
188,674 88,294
106 A2005KC549 63.8 1850 AT 63.6 63.8 14:56:24 1,850
186,824 88,294
105 A2005KC4BN 63.95 3128 AT 63.75 64.2 14:47:01 3,128
184,974 88,294
104 A2005KC4AO 63.95 983 AT 63.9 63.95 14:46:44 983
184,974 85,166
103 A2005KC4AN 63.95 2400 AT 63.85 63.95 14:46:44 2,400
183,991 85,166
102 A2005KC4AM 63.95 4000 AT 63.85 63.95 14:46:44 4,000
181,591 85,166
101 A2005KC436 64.05 4943 AT 64.05 64.3 14:44:00 4,943
177,591 85,166
100 A2005KC3N4 64.3 2920 AT 64.3 64.35 14:39:13 2,920
177,591 80,223

their were more like that during the day as well

[jardi20] 09/7/2010 17:42

explain nickie

[nickiegaul] 08/7/2010 22:49

anyone notice the strange trading pattern this evening

[crosswire] 06/7/2010 11:28

Galiform sales picked up after slow start
Thu 29 Apr 2010

GFRM - Galiform

Latest Prices
Name Price %
Galiform 62.55p +6.74%

FTSE 250 9,469 +1.80%
FTSE 350 2,604 +2.01%
FTSE All-Share 2,548 +1.94%
Support Services 3,809 +1.32%

LONDON (SHARECAST) - Joinery company Galiform said it has performed well after a slow start to the year due to the prolonged cold weather.

In the first four periods (16 weeks) of 2010, Howden Joinery UK depot revenue was up 1.0%, increasing 0.5% on a same depot basis.

Since then, trading has returned to more stable conditions, with total sales increasing by 4.9% in the most recent two periods. This year-on-year improvement was in line with that seen in the last quarter of 2009.

"We are seeing the impact of the weakening of the pound against the US dollar and other input cost pressures," the group said.

"However, we continue to look for sourcing opportunities to offset these cost pressures, where possible. Overall, the board is satisfied with the group's gross margin performance," it added.

[crosswire] 06/7/2010 11:25

Dobell remains cautious over the outlook for global growth. He is particularly concerned about growth in the UK economy in the medium term. The international economy will take time to recover from debt excesses of the last decade, creating a challenging environment for companies. His strategy is one of mitigation. He says: "The M&G Recovery fund already has a diversified international earnings profile, with a much lower reliance on the prospects of the UK economy than in previous years."


His attention has turned to growth stocks, particularly those with strong franchises that can weather the storm and take market share from ailing rivals. He likes The Restaurant Group, owner of Garfunkels, and Galiform which emerged from the collapsed MFI group.

[crosswire] 06/7/2010 11:21

Galiform initiated with buy recommendation and 85p price target at Panmure Gordon.

[fiftha] 03/7/2010 21:32

I understood that a sizeable amount of Galiform's business was with local authorities. You only have to look at Connaught to get an idea of what's going to happen with spending on kitchens for council house tenants.

[jardi20] 03/7/2010 14:22

in reality not to sure it will make a difference to the share price in the short term unless you are telling me different

[fiftha] 02/7/2010 21:07

What about their local authority contracts - the first comment on this thread, funnily enough

[jardi20] 01/7/2010 19:14

certainly has the capacity, word is good results coming on the 21st. Certainly expecting a upturn in the next month or so