Alumasc Share Discussion Threads

[dicktrade] 17/6/2021 16:07

Loads of small buys showing as sells :-))

[deanowls] 14/6/2021 10:07

Great continued rise

[tdog1975] 28/5/2021 18:49

Wow ..... great finish for the day

[terry topper] 28/5/2021 18:33

Looks like £3 may arrive a lot sooner than expected.

[deanowls] 14/5/2021 10:19

13.4p first half and an increasing market going into the peak building months bodes well.

[redwing1] 14/5/2021 09:25

Finncap put out their note with revised estimates yesterday. Two things; the rating still looks too low on current estimates and as CB7 suggests, it looks likely that these forecasts are too conservative given the first half outcome and trading momentum in the 2nd half. Love the company's good operating margins, and strong cashflow. The green credentials of Alumasc products are an extra bonus!

[cb7] 14/5/2021 07:55

brokers may push out a note with increased estimates....

[trier1] 13/5/2021 16:22

I think your suggested figures are a minimum and they will do rather better. What it needs to move the price to a sensible level given this TU hs done nothing much at present I do not know. We will have to wait for the actual results I suppose.

[cellars] 13/5/2021 11:14

my view too, CB7

[cb7] 13/5/2021 08:01

As I suggested, they have momentum "earnings ahead of expectations". My cautious view would be eps around 22-23, about 10% better - as they didnt use the words significant or materially.

[cb7] 17/4/2021 20:51

according to my broker, two analysts have estimates for around 20 and 21 earnings this year and both are showing a modest rise to 22 next. My feeling is that the company has momentum and that just beating those estimates a litle, like 22 this and 25 next will produce your £3 with a p/e of 12. Having made 12 or 13 eps in the 1st half, there must be a possibility of them doing the same in H2, so the £3 could come sooner rather than later.

[terry topper] 16/4/2021 19:33

Foxman - Looking at the numbers reported and the bullishness of the comments from what is a cautious management team I think £3 is quite possible by the year end. The forecast numbers that the management team has tacitly approved are encouraging in their own right, and I think these will be significantly exceeded.

[foxman14] 16/4/2021 12:38

Wow after the interims in Feb I was hoping that this would hit £2.00 by the end of the year!
Maybe the share price is in the process of re-rating and instead of a p/e ratio of c10 it can sit between 12-15.
Is £3.00 possible by year end?

[cb7] 26/2/2021 08:07

went xd yesterday, yet still managed to rise!

[cb7] 09/2/2021 14:31

Housebuilders have had record order books for some considerable time. After the first lockdown in 2020 they were also well behind in their production. Heaven knows why the educated clowns at Westminster decided to throw billions away with a stamp duty holiday and stoke the market. That firepower should have been kept for later, if and when housebuilders needed support.

[johndoe23] 07/2/2021 15:52

What are the chances of the stamp duty holiday being extended? Would be good news for housebuilders and estate agents...

[trier1] 04/2/2021 08:53

Already updated eps projections from 14p to 20p on the trading update. These are low and easily upgradeable I agree but a few months wait until the impact of no help to buy and stamp duty back to normal seems reasonable.

It's still cheap with no debt bar a pension scheme deficit that has reduced by 1/3 in the last 6 months it would seem.

[taylor20] 04/2/2021 08:53

Outstanding results.

Very pleased, having bought in on the breakout of the chart just prior to Covid (Jan 2020), glad I kept my faith in the company.

[tdog1975] 04/2/2021 08:46

Really decent results

[bahiflyer] 04/2/2021 07:22

Wow I think some new broker upgrades required after those exceptional results and positive outlook.
Nice divi too

[tole] 30/1/2021 08:05

https://masterinvestor.co.uk/equities/small-cap-round-up-featuring-alumasc-augean-devro-and-more/Alumasc (LON:ALU) – brokers upgrade estimates after updateMy star of the week so far goes to this building products group, after announcing its first-half trading update. Already we knew that it was going better than expected in Q1, so the Q2 extension of that trend has been well received.The group's shares were marked up 24% yesterday morning to 142p.It reported an increase of 11% in sales to £45.6m and a strong interim pre-tax profit of £6.0m, which was way up over last year's £2.3m.Brokers finnCap immediately upped their estimates for the current year to end-June to £87m sales, £8.9m profits, adjusted earnings of 19.9p for the year (8.2p) and a dividend of 5p per share (2p).The interims will be declared on Thursday 4th February – it should be a very positive set of figures and statement. Unsurprisingly the brokers significantly increased their price objective from 130p to 178p. They closed last night at 138p up 24.5p on the day.(Profile 13.02.20 @ 116p set a Target Price of 145p)(Profile 08.06.20 @ 80p set a Target Price of 105p*)

[energeticbacker] 20/1/2021 10:27

Alumasc featured in Investor's Champion update – record profit achieved.

The shares rose 20% on the news to 137p lifting the market capitalisation to £49m. Given the current lowly rating the shares should continue to move higher.

[ny boy] 19/1/2021 13:56

I’m in on the next dip!

[sphere25] 19/1/2021 12:55

Worked out really well this one as per the post in September last year. That's a whopper of a beat with FinnCap upgrading 2021 eps 39% to 19.9p. You don't often see that magnitude of upgrade so well done to all holders here.

It looks like there could be another 10-20% upside here without pushing the boat out on the rating.

All imo
DYOR

[trier1] 19/1/2021 11:20

The TU has blown the estimated full year earnings out of the water. Far far too cheap.