Alumasc Share Discussion Threads

[the diddymen] 24/8/2022 14:09

Thread looks a little thin! ALU has followed similar companies in a downwards trend. Interims indicated a solid year to Dec 21. As ever with companies with a legacy pension deficit they face the head winds of the economy plus an unsustainable pension model (unless you are the Government). Results on 6 Sept will be interesting. Earnings could look attractive but in the context of order book and the pension defecit; perception on the latter if no revaluation.

[zangdook] 16/5/2022 10:23

Not sure what's going on but I've had a couple more. Falling knife and all that, but still...

[pojscott] 08/3/2022 14:33

Big falls last few days, is it down to the war or is there another reason?

[tole] 09/2/2022 18:06

https://masterinvestor.co.uk/equities/small-cap-catch-up-featuring-alu-bag-and-blv/Alumasc Group (LON:ALU) – very undervalued, use this cheap-buying opportunityYesterday's announcement of its Interim results to end December last year, apparently disappointed investors.They took the shares down from 222.5p overnight to just 195p at the worst.That they closed last night at 217.5p.At the group's AGM last October the building products group had already warned that material prices were rising, as well as suffering supply shortages – so why was the reaction so bearish?I consider that it was overdone and that it gives investors an excellent buying opportunity to load up on an undervalued quality stock that offers an attractive 4.5% yield.The group's broker finnCap currently has a price objective of 315p on the shares, which they not only rate as a 'buy' but clearly predict significant medium-term upside potential.For the full year to end June their analyst David Buxton is estimating revenues of £97m, profits of £10.8m, earnings of 23.6p and a 10p dividend per share.The broker has compared the group's rating to a dozen other such companies in its sector. It shows a 'mean' price earnings ratio of 16.9 times – compared to the sub-9 times of Alumasc Group.Both the company and the broker expect a much stronger second half year, confirming that the group is well in line to meet current expectations.There was a fairly heavy dealing volume yesterday of almost 200,000, as against the daily average of 32,791 shares traded.I repeat that this fallback is an excellent piece of timing in taking stock out now.

[antanatar] 08/2/2022 11:51

Yes, unless a stock doubles the estimation it is seen as bad at the moment. Crazy and greedy by the market

[nallen1] 08/2/2022 08:44

Seems to be the way at the moment with small cap stocks. Even exceeding expectations gets a beating!

[deanowls] 08/2/2022 08:32

Strange, in line and lots to like in there for me.

[tiswas] 08/2/2022 08:30

Had been waiting to buy in but market reaction appears to be that results were disappointing?

[deanowls] 01/2/2022 15:15

Results next Tuesday. Someone is picking some up today.

[greyingsurfer] 30/12/2021 16:19

Yesterday the last normal trade was up to around 230, and then there was a crazy last trade with a small number of shares down at 216. That unraveled this morning. So the real move today isn't that large, but overall still about 5% up over 2 days.

[rossco] 30/12/2021 15:10

Last 10% jump was at the end on November when the FD bought shares.
Perhaps more director buying?

[deanowls] 30/12/2021 14:32

Bit sprightly here today for no known reason.

[parttime] 30/11/2021 05:33

Nice to see the F.D. is confident...

29 November 2021

The Company announces that it received notification on 29 November 2021 that Mr Simon Dray, Group Finance Director, purchased 20,000 ordinary shares at the price of 210.00p each.

[km18] 26/11/2021 12:51

From WealthOracleAM....

The building products industry, where today’s company operates, has suffered less than what anyone might predict during the last 18 months. Many of the big companies managed to adapt quickly and address challenges in operations in the most efficient way. Our small cap pick from today managed to rebound relatively quickly with performance this year in line with the crisis-free 2019. Over the summer the sector suffered from excess demand compared to supply driven by the sharpest rise in commercial work since September 2020. As a result, prices were propelled to all-time highs.

[capitalist] 17/11/2021 13:27

Gaining the Green Economy Mark should be good for business.

[zangdook] 10/11/2021 03:41

How is ALU a "penny stock"?

[tole] 09/11/2021 17:51

https://www.fool.co.uk/2021/11/09/3-cheap-uk-shares-under-3-to-buy-today/A top green penny stockSupply chain issues are also causing huge problems in the construction industry. Costs are spiralling and developers are reappraising the economics of certain projects. Even if the will remains, huge raw material shortages are preventing building work from starting, or continuing in many cases.In this environment, building products supplier Alumasc Group (LSE: ALU) faces a not-insignificant threat to profits in the short-to-medium term. However, I'm still considering adding this penny stock to my shares portfolio today.Why? For one, through its Timloc brand it offers a broad range of construction products for the housebuilding sector. It's therefore well-placed to exploit the housebuilding boom of the coming decade (the government aims to create 300,000 new homes a year by the mid-2020s).Secondly, I like Alumasc's focus on manufacturing sustainable building products, something that will stand it in good stead as governments and businesses aim to become greener. In the company's words, most of its products "manage the scarce resources of water and energy in the built environment, and improve quality of life for the owner/occupier using recyclable materials."

[mfhmfh] 19/10/2021 10:28

hopefully a positive AGM statement on Thursday.

[rossco] 17/10/2021 12:50

Up 14p on Friday with a lot of small early morning dealings.
Was there a newspaper tip?

[tole] 08/10/2021 17:29

https://masterinvestor.co.uk/equities/end-of-week-small-cap-round-up-featuring-mrl-cru-and-alu/The Alumasc Group (LON:ALU) – AGM due in two weeks timeIt must have been rough over the last few months for not only the construction sector generally, but also for the building product suppliers like this group.Shortages across the board will not have helped, I am sure, however, the orders are still increasing.The group, which saw sales rise from £76m to £90.5m in the year to end June, is predicted to see some £97m revenues in this current year, despite the hassles.That should help the group to at least maintain its very much increased level of profitability – it almost trebled the 2020 £3.7m, coming in at £10.5m, with earnings jumping to 23.3p (8.2p) per share, while its dividend rose significantly from 2p to 9.5p per share.Analyst David Buxton at finnCap, the group's brokers, looks for £10.8m profits this year, 23.6p earnings and a 10p per share dividend.Buxton has a price objective of 315p on the shares.Considering that the shares are now trading at only around 230p, after touching 288p a few months ago, they still look very undervalued to me. The AGM is on 21 October.

[tdog1975] 01/10/2021 07:23

Well done to the team at Alumasc

[saltaire111] 17/9/2021 19:20

Just been listening to the excellent Twin Petes podcast and @wheeliedealer likes the look of Alumasc as a play on global warming, commenting that the world is going to need better water management systems for buildings. Worth a listen if you’re interested. I found their podcast on soundcloud but it runs across multiple platforms. It’s good stuff - been listening for a while.

Salty.

[dynam1te] 10/9/2021 06:45

From the Naked Trader yesterday talking about shares going down on profit taking after news; Alumasc was a different kettle of fish. That actually fell before the results - if it had risen a lot before there would have been a sell off on results day, so that was a totally different play so on this one I bought more before results. Does this make sense? Results were very decent and it looks undervalued still. So unusually for me I bought more ALU on the weakness. It really does look cheap! More on this one in the last update.