Alumasc Share Discussion Threads

[battlebus2] 18/5/2012 18:48

Bad news is over it's all good from here. Next results will be stunning!

[the diddymen] 18/5/2012 18:07

Directors' purchases lose their value when always accompanying bad news!

[the anteater] 18/5/2012 15:51

I used to think that directors buying is a positive- but maybe the directors are the only buyers in town and are trying to desperately mop up all the sellers.

[battlebus2] 18/5/2012 07:09

Living in hope "BODES WELL FOR NEXT YEAR"

[the diddymen] 21/4/2012 13:47

'should be on the ball'!

Their problem is that they do not have a structure to produce organic growth. They buy a business and then run it off. This leaves them exposed to every down turn in the market or bit of bad news. They are supposed to be a premium products business. The hallmark of a premium product business is that you control the margins, and there has not been a lot of evidence of that in the recent years.

Cometh the moment, cometh the man........

[battlebus2] 16/4/2012 23:43

I know TD last chance saloon imv sticking plasters won't be enough management must be on the ball now.

[the diddymen] 16/4/2012 21:39

BB2, we are in 'repair' mode at the moment. They cannot afford to screw up anywhere else. TD

[battlebus2] 16/4/2012 09:15

Another significant order for Levolux :))

[pojscott] 28/3/2012 16:25

Some very good news has pushed the S/P down ???

[napoleon 14th] 26/3/2012 23:13

Almost SFR's sector...

[battlebus2] 26/3/2012 17:40

Looking good for future revenue streams in 2014 diddyman-Major Order
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TIDMALU

RNS Number : 0442A

Alumasc Group PLC

26 March 2012

THE ALUMASC GROUP PLC - ANNOUNCEMENT

26 March 2012

The Alumasc Group plc (ALU.L), the premium Building and Engineering Products group is pleased to announce that it has won a c.GBP10 million contract to supply an Alumasc Armaseam standing seam roof as part of the modernisation of a large aluminium smelter in Canada.

This work builds on our expertise in this market niche which began when the group supplied a GBP4 million roof to the Fjardaal smelter in Iceland in 2006, and further projects thereafter.

The majority of the revenue and profit arising from this contract is expected to accrue in Alumasc's financial years ending 30 June 2013 and 30 June 2014.

Paul Hooper, Group Chief Executive, commented:

"It is very pleasing to report a further aluminium smelter related project win which was the result of Alumasc Armaseam's technical solution and which followed a rigorous evaluation over several months."

[battlebus2] 17/3/2012 15:46

I hope at these levels the risk is minimal we will see. Only added a few by the way.

[the diddymen] 17/3/2012 15:20

BB2, I hope it goes well but I just cannot see where the drive is coming from to deliver the dividend. I suppose that they might have their fingers crossed and hope that the construction industry emulates Chinese growth rates! TD

[battlebus2] 16/3/2012 11:02

Added a few more :))

[the diddymen] 15/3/2012 17:46

bb2, I know that you got a good entry rate here but I think that this is going to take some time to correct and there is downside risk.

[battlebus2] 14/3/2012 20:10

Pojscott it's all positive ,all we need is a new contract annouced.

[pojscott] 14/3/2012 19:56

6% gain today following share statement correction?
Any comments???

[the diddymen] 13/3/2012 10:01

Still looking a little flakey albeit on traditionally low volumes. If one fund goes my instinctive feeling is that this will drop to around 50p (PE c 7), where upon the question is whether will anyone sniff around because the components appear to be worth more than the whole.

[the diddymen] 06/3/2012 11:04

The A

The share price will now depend on whether any funds decide to off load. Any off loading would have to be at a significant discount. That will then trigger a discussion about future ownership! Risk averse fund managers will sit on their hands and hope, but I am not sure where that gets you.

TD

[the anteater] 29/2/2012 16:50

Dividend cut from 3.25p to 1.0p at interims- shares are vulnerable since there are a lot of income funds that own stock.

[the diddymen] 21/2/2012 18:44

Most of the funds are in for income, but is this the stage that you become concerned about your capital? Even if they do, do they have the option? I suspect one or two fund managers are going to be asking a few questions.

[pojscott] 17/2/2012 12:09

bACK TO BREAK EVEN---keep or sell????

[battlebus2] 17/2/2012 11:20

Still have made a decent profit over the years even at 80p to sell so sold 25% will keep the rest till next half.

[the diddymen] 17/2/2012 00:27

BB2

I think that the Chief Executive's share purchase smacks of desparation and I do not think that it will deliver the message that would normally be expected.

Not sure what I would do here. The market will probably over react which might present an opportunity, with a backstop that someone comes in to break up the group.

Instinct however says cut your losses.

Good luck

TD