Alumasc Share Discussion Threads

[spawny100] 22/7/2024 16:28

There's got to be a decent chance of a reasonable dividend increase too I think given share price rise lately.

[arthur_lame_stocks] 21/7/2024 14:09

I've had a few shares here for a while and after last week's rise I was considering whether it was time to sell but on balance I've decided to hang on for the following reasons.

Last year I reckon the company generated about £7m cash for shareholders, the dividend yield is over 4 percent and they appear to have positioned themselves well in the market with every chance of good growth going forward.

[spwh100] 19/7/2024 07:52

an excellent update with a lot more to come hopefully, what's not to like about that?

[pvb] 18/7/2024 18:05

16.8% is a very large change in daily price. I was expecting a takeover offer or something!

[aishah] 18/7/2024 09:41

Yes, cheap. Cavendish forecast 26.1p adj EPS for FY 12/2024, rising to 28.0p next year. Decent divi too.

A building sector recovery on the cards with Labour's bill in the King's speech for building reform and more housing.

Should be rated around 12 giving a target of 300p+ imo.

[deanowls] 18/7/2024 09:01

Still cheap.

[spawny100] 18/7/2024 08:12

Very nice numbers and very nice share price reaction!

[greyingsurfer] 18/7/2024 07:14

Positive trading statementHighlights- Significant outperformance of UK construction markets, with overall organic revenue growth of c.6.5%, reflecting further successful execution of innovation and commercial initiatives- Underlying profit before tax ('UPBT')1 now expected to be at least £12.6m, ahead of current market forecasts2 and the prior year (£11.2m)- Revenue, operating margins and profit ahead of FY23 across all three divisions, reflecting focus on growth initiatives and disciplined cost management- ARP acquisition performing well, with good progress on integration and scope to deliver significant synergies going forward- Continued investment in efficiency, capability and new product development, supported by strong operating cash generation- Strong platform to deliver substantial shareholder value as commercial market conditions improve

[red ninja] 03/6/2024 13:38

Alumasc has been getting favourable coverage from Investor's Champion and associated podcast.

[kirkie001] 03/6/2024 11:47

PaulyPilot's podcast? ;) He's a canny lad for sure - but I doubt that's the reason for the rise, tbf. Although this is occasionally so thinly traded that it doesn't take too much to move the price.....

This is happily sitting in my daughter's junior ISA accruing gains - not in my own, unfortunately! ;)

[aishah] 03/6/2024 10:49

Mkt cap £68m, yielding over 5.5% and fcst p/e 7.1(Fri closing figs). Above 50d and 200d SMA. share price above 52wk high now. Momentum certainly building. Director bought £25k@183p at the end of Feb. I have added this morning.

[kirkie001] 03/6/2024 10:48

I find that unlikely to be the reason for the rise, tulley - what podcast was it mentioned on and when?

[tulley1] 03/6/2024 10:33

Mentioned on a podcast, that's why.

[pvb] 03/6/2024 10:15

..."Something happening we don't know about yet?"

That thought briefly crossed my mind too. Anyway, for now: No news is good news.

AFAIK, ~200p is, historically, around the top out price for ALU shares.

[spwh100] 03/6/2024 10:12

Yes, big jump today, following on from last weeks steady rises. Something happening we don't know about yet?

[spawny100] 03/6/2024 09:53

And another. Great share this one and still seems largely unknown.

[dunns_river_falls] 30/5/2024 17:03

Nice move up today. Lets see if it sticks / continues over the next few days and maybe we will have a breakout.

[sharesoc] 12/3/2024 12:17

We're hosting a SIGnet Follow Up Meeting on 14th Mar 2024 at 7:15pm to analyse Alumasc's (LON:ALU) Half Year Results. Anyone interested can register here:

[valhamos] 27/2/2024 15:02

Hi davidosh

The point about Alumasc having a 10 or 20 year history of going nowhere has been discussed here recently in January. What makes it different this time is its return on invested capital which tended to be in single digits 10 years ago but for the last couple of years is now over 20% (as per Uncle Stock). It's not immune from the cyclical nature of the industry but its improved ROIC metric without an excessive payout ratio means that the share price should be rewarded in the future with the benefit of this increased amount from retained earnings being ploughed back into the business.

[cfro] 27/2/2024 13:52

The non-exec director has obviously firmly made up his mind as to whether this is buy sell or hold Lol..

[arthur_lame_stocks] 27/2/2024 12:36

Probably depends on when you buy and sell!

[davidosh] 27/2/2024 11:07

Alumasc was very heavily debated on the Mello show last night. The panellists are professional investors not traders and came up with very constrasting views of the company which was very useful and enlightening.

One point made was that Alumasc has had a 10 and 20 year history of going nowhere in share performance terms and is a negative return when taking inflation into account. It rarely goes above £2 and once it does then it seems to be followed by a 50% plus decline. Where is the steady growth? Will it be different this time?

[sharesoc] 24/2/2024 14:29

We're hosting a SIGnet Follow Up Meeting on 14th Mar 2024 at 7:15pm to analyse Alumasc's (LON:ALU) Half Year Results. SIGnet members can register here: