ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

BTSM Bss Grp.

477.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bss Grp. LSE:BTSM London Ordinary Share GB00B09BY452 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 477.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 477.00 GBX

BSS Group (BTSM) Latest News

Real-Time news about Bss Grp. (London Stock Exchange): 0 recent articles

BSS Group (BTSM) Discussions and Chat

BSS Group Forums and Chat

Date Time Title Posts
11/10/201008:56BTSM with Charts & News62
11/12/200615:24BSS, a recovery play? Takeover?37

Add a New Thread

BSS Group (BTSM) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

BSS Group (BTSM) Top Chat Posts

Top Posts
Posted at 11/10/2010 08:56 by wad collector
Shares in Travis Perkins closed on Friday at 864 pence, valuing the business at 1.8 billion pounds.

The purchase of BSS will create the biggest plumbing and heating trade and retail distribution business with a market share of 20-25 percent, overtaking Wolseley (WOS.L). The deal has been backed by both companies' shareholders. However, last month the Office of Fair Trading said it had extended the decision date on whether to give the deal the go ahead to October 19.

Travis Perkins said in July it would offset an expected steep fall in public sector new build business due to government cuts with growth in other customer groups.


This raises the possibility that the deal may not go ahead.Interesting that the share price indicates that the market has no doubts.The rationale for holding to get a couple of pence and avoid the dealing fee makes less sense if OFT blocks the deal.Perhaps sell now?
Posted at 21/6/2010 13:34 by wad collector
Curiously crept up above the bid price today - why?
Ah , just rememmbered it is a mixture of cash and travis perkins shares , which are rising.
Posted at 15/4/2010 08:34 by etome
Newest broker recommendations on BTSM:

15/04/10
BSS Group raised to buy from neutral at Arden

14/04/10
BSS Group buy rating at Panmure Gordon

06/04/10
BSS Group buy rating at Royal Bank of Scotland NV
Posted at 25/11/2009 09:06 by ukinvestor220
Thats two directors buying here now ....


Name Date of Purchase Number of Resultant Share
Purchase Price Shares Holding
Howard Luft 24/11/2009 GBP2.60295 10,000 10,000 = £ 26,029.5
Jonathan Jennings 25/11/2009 GBP2.546 4,000 17,715 = £ 10,184
Posted at 23/11/2009 15:24 by ukinvestor220
h2 Results tomorrow - On Nov 11 UKAnalyst reported - Collins Stewart initiated its coverage of construction materials firm with a positive 'buy' recommendation and target price of 315p. The broker noted that BSS is in no need of a rights issue, a rarity in the building sector, and can therefore improve its position without diluting shareholders. The firm is winning new market share, expanding its branches and could spend up to 100 million pounds on acquisitions. As a niche distributor, BSS has exposure to a range of market segments, with most of its demand coming from private repairs and maintenance. The broker said the company is attractively valued on a 12 month horizon and is a "safe haven in the sector". Despite this gushing tome, the shares fell by 3.2p to 255.4p.
Posted at 11/7/2008 09:01 by tillman
I have bowed out and sold my short this morning.

Could fall further but I don't like unexplained significant price movements like yesterdays so have taken the safe option and taken profits.

Any other nice shorting stocks out there?
Posted at 10/7/2008 15:36 by tillman
who loves you baby?

i do...esp. with the share price gains of today virtually being erased now ...not quite what I was expecting.

still a bit unexplained as to the sudden sharp rise this morning...manipulation? if so, by whom?

my gut feel with the price action etc is now the share price will head south again...possibly with quite a dramatic movement...a bit of a shame for a good well run company but nice for my short position...:-)
Posted at 10/7/2008 10:41 by tillman
whoosh and up she went :-( came very close to closing my short first thing this morning.

no trades showning up yet

am still short but still remember that this is a well run company and not one I would normally go short in....more just wanted to take part in the hammering that the sector in general was getting

conundrum:
share price gets hammered
no announcement (nothing wrong with this as lots of companies getting hammered)
directors make some small purchases ...therefore no announcement due imminently, whether it be profit warning or predator interest
markets must be contracting
I would have thought bigger director purchases would have happened if they seriously felt the company was mega undervalued.

dcg....got stopped out of this yesterday...some strength suddenly there.
Posted at 07/7/2008 11:32 by m.t.glass
I too have an existing downbet on BTSM, along with other suppliers to the construction/DIY sectors - MSLH,TPK,WOS,SHI,GFTU
Posted at 07/7/2008 11:28 by m.t.glass
LONDON (Thomson Financial) - Citigroup has cut its target prices and earnings estimates and some ratings on a number of builders merchants stocks, as it believes this market will remain under pressure until the outlook becomes more predictable, traders said.
In a note on builders merchants published Friday morning, Citigroup said it has downgraded its rating on BSS Group Plc. (BTSM) to 3M from 2M, slashed its target price to 280 pence from 420 and clipped its estimates.
Citigroup retained its 2M rating on CRH Plc. (CRH) but cut its target price to 16.50 euros from 26.00 euros and reduced earnings estimates.
Marshalls Plc. (MSLH) was retained as a 1M rating but had its target price chopped to 180 pence from 255 pence, whilst its forecasts were also clipped.
Meanwhile, SIG Plc.'s rating (SHI) was held at 2M, but its target price was lowered to 460 pence from 825 pence and its forecasts were also downgraded.
Travis Perkins Plc.'s rating (TPK) was left unchanged at 1M, but its target price was almost halved to 670 pence from 1,290 pence, whilst its forecasts were lowered.
Finally, Wolseley Plc. (WOS) stayed as a 2M rating, whilst its target price was dropped to 370 pence from 550 pence and its estimates reduced.
Citigroup concluded that the sector looks bereft of near-term catalysts, and with their limited exposure to emerging markets and heavy exposure to residential markets in the developed world, cyclical pressure are weighing heavily on earnings.
BSS Group share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock