Alumasc Share Discussion Threads

[rcturner2] 01/2/2018 08:32

A bit of a mixed bag there, not surprised the market has viewed this negatively.

[krobertson878] 02/1/2018 22:01

Pension deficit.

[dannyb7] 02/1/2018 21:13

Good start but I struggle with this share - incredibly undervalued (mktcap of £56m before today vs net cash of £6m and net profit of £7.8m and £8.6m forecast for 18 and 19) but never seems to go anywhere. Throw in a yield of 5% and you'd think this would be nearer to £2.50 and still look pretty good value. Any ideas what holds this back (other than a lack of interest / awareness)?

[krobertson878] 02/1/2018 14:09

Nice start to the year so far.

[tdog1975] 26/10/2017 08:30

Yep, will take some more if it drops, but otherwise good for me

[rcturner2] 26/10/2017 08:22

Presumably in line with market expectations, since little movement so far.

[felix99] 24/10/2017 21:03

the director buy was on 11 /9/17 - bit late in notifying it !

[dan_the_epic] 24/10/2017 20:07

Trading update on Thursday. I suspect the market is perhaps worrying that some weaker figures out of the construction sector are a precursor to mentions of weakness?

Anyone going to the AGM?

[whilstev] 24/10/2017 16:30

Nice to see another director buying today.

[the anteater] 24/10/2017 14:09

Alumasc- P/E of 8x compared to a Market on a P/E of around 18x!! Good value to me.

[dan_the_epic] 20/10/2017 19:11

Useful too

[dan_the_epic] 20/10/2017 18:41

Alumasc: LHC’s highest-ranked flat roofing supplier


Could Alumasc shares be a bargain?
- this article is on interactive in.vestor

Gatic channel drainage installed at Shopping Centre

[dan_the_epic] 13/10/2017 20:22

Bumbling along very nicely - chart showing a trend that looks great

[dan_the_epic] 09/10/2017 19:50

Good luck!

Slow and steady with decent hardworking management and a good growth profile is good enough for me :)

[grahamandkay] 09/10/2017 11:31

Well, got out of these at a break even as share only seems to move sideways. Excellent results didn't even cause much of a leg up. Gonna put my money in something that may move instead.Up or down lol!!

[dan_the_epic] 05/10/2017 20:07

Effectively up today if I'm not mistake - nice divi :)

[dan_the_epic] 28/9/2017 20:06

Has/Is an overhang here from a seller. Chart starting to reflect the start of an uptrend though. Happy to sit with this in my back pocket for a long time if necessary!

[runthejoules] 28/9/2017 10:29

Today it does reflect it. What has happened??

[dan_the_epic] 21/9/2017 19:34

Price might not reflect it, but gaining increasing confidence here

[dan_the_epic] 18/9/2017 17:01

Rather the entire sector was positive tbh! Europe is growing nicely, so hoping for a solidly expanding export performance there.

As I noted before, small share buy from Hooper when he was account-shifting. Bodes well IMO as those news releases are certainly not there to hold up a giant sign saying "Director Buy".

[runthejoules] 18/9/2017 16:13

I obviously should have bought into FLTA instead but 'when builders are firing, renovaters are hiring' so let's hope for a few more 0.6% daily climbs as house prices fall and people try and repair their way out of negative equity. I know I will be knowing my luck...

[runthejoules] 14/9/2017 08:27

I'm in again this morning after it was tipped in SHARES - was already thinking about it...surprised it didn't do better on results

Alumasc (ALU) 171p

Original entry point: Buy at 174.5p, 9 Feb 2017

Management at building products outfit Alumasc (ALU) admit they still have work to do in telling the story of its transformation from an engineering conglomerate to a focused play on niche building products.

Speaking to Shares on the publication of full year results (5 Sep), chief executive Paul Hooper and finance director Andrew Magson point to underlying pre-tax profit up 9% to £9m in the 12 months to 30 June. Revenue was up 14%, partly driven by a doubling in export sales. Its Levolux solar shading business was the star performer.

giu3

We still think the new iteration of the business warrants a higher price-to-earnings ratio than the 7.8 times implied by house broker Peel Hunt’s forecasts. The company also offers a dividend yield of 4.5% and trades on a free cash flow yield of 8.7%.

Management’s ambition to perform better than the wider construction market is supported by its focus on products which, among other things, promote energy efficiency, manage and control the flow of water, provide bespoke solutions and support customers on quality and cost. The balance sheet is robust with net cash of £6.1m.

giu5

[dan_the_epic] 13/9/2017 21:44

Gilt yields also on the rise, as are favourable FX movements.

Every little helps

[dan_the_epic] 13/9/2017 08:07

Nice net share buy from Hooper - normally directors don't net buy in these transactions