Alumasc Share Discussion Threads

[pvb] 30/10/2024 16:33

What the...

It's making me seasick.

[red ninja] 25/10/2024 15:37

Just got a few more today towards close at 259p.

To be honest I did not think they would go so cheap so accumulated a few.

[davebowler] 24/10/2024 09:49

Master Investor...Alumasc Group (LON:ALU) – Today’s AGM Trading Update Was Positive
Take another look at Alumasc, the premium sustainable building products, systems and solutions group.

Some 80% of group sales are driven by building regulations and specifications (developers/housebuilders, architects, and structural engineers) because of the performance characteristics offered.

The group has three business segments, with strong positions and brands in their individual markets: Building Envelope; Water Management; and Housebuilding Products.

[pvb] 24/10/2024 09:43

Alumasc Group PLC (The) AGM Trading Update
24/10/2024 7:00am

[davebowler] 24/10/2024 07:45

Cavendish-The group's AGM confirms trading remains in-line with existing expectations, with an upbeat assessment of continued outperformance against the sector. Despite continued market demand headwinds in commercial construction, it is confident of another year of growth and progress towards its medium-term margin target of 15-20%. Internal initiatives, coupled with ongoing market share gains through strong delivery and good exposure to growth segments like sustainable building products and exports means the group is well positioned. We maintain our forecasts and 330p target price. Standing on a FY26E P/E of 8.7x the shares remain attractive even after a period of strong outperformance. Momentum is expected to continue, especially in view of progress towards its 15-20% margin target and further EPS accretive acquisitions are anticipated.

[greyingsurfer] 24/10/2024 06:08

Positive pre AGM trading update this morning. "The Group is pleased to announce that, following its record performance for the year to June 2024, the positive trading momentum has continued into the first quarter of the financial year ending 30 June 2025."

[red ninja] 23/10/2024 21:49

Agree, bought a few more at around 2.62.

I am hoping Labour talk off economy growth was not just talk.

No growth and a higher debt burden spells trouble.
No one wanting to buy UK stocks spells the same.

[pvb] 23/10/2024 14:03

Nothing particularly untoward here:

Alumasc Group PLC (The) Director/PDMR Shareholding

[red ninja] 22/10/2024 22:03

I’m hoping ALU can survive the governments tax and regulation storm on business and investors, so bought back some I sold earlier.
Surely Labour don’t want to destroy small companies.

[pvb] 22/10/2024 14:47

Q. When it comes to the ALU share price, is 300p the old 200p?

[aishah] 22/10/2024 08:06

Unable to hold 300p. I have exited.

[zangdook] 23/9/2024 11:13

ex 26/9, record date 27/9

[spwh100] 19/9/2024 14:37

Good leg up today, maybe some are also looking at the tasty 0.073 divi (2.5%approx at current prices). Goes ex-dividend on the 27/9, payable on 1/11

[gopher] 11/9/2024 10:13

Agree with comments, adding there are good export sales here so not so dependent on uk building market and products have strong green credentials.I bought in at 225 and would add on any pullback in share price, appears a solid well run operation.

[spwh100] 03/9/2024 17:04

Thanks for that Caterham, that's excellent news

[caterham88] 03/9/2024 16:14

Some synergies/savings were identified in the ALU presentation today. A further £400k of synergies from ARP, a further £800k of annual cost savings from closing the Dover plant, with much mention of improved FY25 GP margins, not reflected in Cavendish's forecast. A quality share deserving a much better rating.

[aishah] 03/9/2024 07:04

Cavendish note:

FY24 results were £0.4m ahead of forecast at the adj PBT line and 2.3% ahead at the EPS level. All three divisions saw sales
growth and profit advances. Results illustrate a strong performance against challenging underlying market conditions.

This was generated by strong export sales, new product launches and the ARP acquisition. Management efficiency programmes continue to drive margins despite the tough underlying UK construction market. We upgrade FY25 EPS expectations by 5.0%.

Outperforming most of its sector peers, the shares have appreciated, helped by a more positive construction and infrastructure government agenda and expectation of further interest rate reductions. We raise our TP from 315p to 330p, which offers decent upside for the rerating to continue, with the shares at a compelling FY26E P/E valuation of 8.0 x with a dividend yield of 4.5% and FCF yield of 10.7%

[valhamos] 03/9/2024 07:01

10% organic growth is impressive with continuing momentum. Then there's only 6 months' contribution from the ARP acquisition so more to come for this year.

[aishah] 03/9/2024 06:38

Outstanding results in a soft market. Dividend up too.

“We are extremely pleased to report a further upgrade to our 2024 profit, with underlying profit before tax* of £13.0m, 16% ahead of the prior year. All three divisions saw organic revenue and strong profit growth, a result of continued delivery on our strategic priorities and Alumasc's position as a market leader in the provision of sustainable products, which provide efficient solutions to the challenges presented by our changing climate.”

[aishah] 02/9/2024 12:16

Why punt? It's doing very well and trading ahead of consensus with a useful divi. Cavendish has a 315p target.

[tdog1975] 02/9/2024 11:14

This could be interesting, anyone having a punt?

[aishah] 02/9/2024 08:58

Results tomorrow with share price at ATH now and in blue sky territory.

[disc0dave46] 31/8/2024 11:25

Finals Thursday?

[aishah] 09/8/2024 08:30

Excellent momentum here. Surely a lot of work coming their way as Labour ramps up their building programme.

10d/3m volume up 131%. Accumulation going on imo.

Fcst p/e 8.6 and yielding 4.5%