Alumasc Share Discussion Threads

[hybrasil] 12/12/2006 16:31

tried to buy more stock later on this afternoon. It was very difficult.

[hybrasil] 12/12/2006 10:05

bought again today

[ntv] 05/12/2006 09:29

at last a tick upwards

[ntv] 01/12/2006 17:26

a dividend for the current year of over 9p must make this attractive to some fund managers surely

[ntv] 30/11/2006 18:31

director buys 10k at the end of the day

[ntv] 28/11/2006 19:42

pe under 10 now

[ntv] 21/11/2006 13:05

still looking cheap compared to the rest of the sector

[ntv] 10/11/2006 08:38

forward pe of just over 10 looks cheap to me compared with rest of the mkt and a strong yield

[pvb] 01/11/2006 15:18

She's added more gin?

[pvb] 26/10/2006 16:18

I am vaguely wondering what happened to Oldgirl. Does she still hold? Has she succumbed to gin?

[ntv] 15/10/2006 16:12

tob
i suffer form word blindness so you will have to excuse some of my posts
i also don't check my posts very often before i post them hence gramar and spelling mistakes
re post 36
what sort of building company do you class under SIG under?

[tiredoldbroker] 13/10/2006 09:32

NTV, I'm sorry but I don't understand what you mean by "what do do you sig as then?" (post 36), if you'd like to clarify what it is you are asking about I'll try to give you an answer.

[ntv] 12/10/2006 23:46

break the company up into two different plc's to give them both chances of expansion or is there much cross selling?

[ntv] 12/10/2006 23:44

tob
what do do you sig as then?

[tiredoldbroker] 12/10/2006 08:42

Without wanting to make an issue of this, "building materials" is usually defined as bulk commodities used in construction, e.g. bricks, cement, gypsum and the like.

Alumasc has a building products division but rather than bulk commodities, they make things like rainwater and drainage products, metal roofing components (worth having a look at casings used in building interiors (Pendock), access and ventilation panels, and a range of props, supports and jacks used in construction projects.

I'd suggest that "building materials" and "building products" are far from being synonyms. But the important fact is that they are going up, and I'd note that they are now xd the 6.3p final payment.

[hybrasil] 03/10/2006 11:35

bought a few more this am

[ntv] 03/10/2006 11:18

plus a bit hopefully ;-))

[ntv] 03/10/2006 11:17

2nd half earnings were strong around 10p
hopefully improved conditions for current
am looking for 20p

[ntv] 03/10/2006 11:10

Building Products

The Building Products division had a fifth successive year of profit growth,
improving by #0.4m (7%) on revenue which was #6.9m (14%) ahead of the prior year
at #55.5m. An estimated #0.4m of the sales growth related to metal cost
increases which were passed on to customers. The importance of our Building
Products division is apparent in its profit growth to #6.5m (including
associate), now accounting for 72% of the Group's total profit. In the prior
year the equivalent figure was #6.0m, 65% of Group profit.

also bpb guy joined the show and saint gobain seem to have their named mentioned a fair bit

[tiredoldbroker] 03/10/2006 09:18

I don't see ALU as a building materials company, its more a supplier of engineered systems used in construction. So if it does become a takeover target I'd expect someone like Hill & Smith to be looking at it, to add to their Ash & Lacy Building Systems/Birtley business group, maybe also to merge HILS' Redman Fisher business with ALU's Elkington Gatic.

[ntv] 02/10/2006 21:41

another building material company going to the french?

[hybrasil] 02/10/2006 09:21

ntv
Classic takeover play in my book

[ntv] 02/10/2006 08:47

i have a few of these now