Alumasc Share Discussion Threads

[dunns_river_falls] 27/1/2023 08:33

Nice move to start the day

[dunns_river_falls] 26/1/2023 18:49

I see what you mean pvb. It was the 2010 thread I glanced at. I had just assumed there was little interest here so took the liberty of creating a new thread, mainly so I can view charts / news when I am on the move. Happy to add any bits to the header if anyone has anything pertinent to display. Same with charts - let me know if there are any that would be useful. I am hoping that ALU can repeat the run it had from late 2020. Otherwise if you would rather keep using the old thread there will be no hard feelings! ATB

[pvb] 26/1/2023 17:23

'old one' - Which one? Original was by Oldgirl, I believe. Strange that Orchestralis (still around), who started the newer 'Old Thread'(?), started it because the 'Old Thread' did not have charts and news!



"Orchestralis 31 Mar '10 - 08:31 - 144 of 144

Iv'e created a new thread as fed up with not seeing charts and news in the header. Will update header with info as and when."

[spawny100] 26/1/2023 16:48

A lot of buying volume here in the last few days. Looking good for a breakout as you say.

[dunns_river_falls] 26/1/2023 14:56

New thread as the old one did not have 'News' in the header.

Looks like breaking out - could only buy in small chunks without NT.

Contract wins / Rev up. Lets see how this one goes.

[dunns_river_falls] 26/1/2023 14:55

From Stocko

"The Alumasc Group plc is a United Kingdom-based manufacturer and supplier of building products, systems, and solutions. The Company operates through three segments: Water Management, Building Envelope and Housebuilding Products. The Water Management segment provides rain to drain solutions, enabling customers to benefit from rainwater and drainage products that capture, retain, and control the flow of rainwater inside and outside buildings from origination source to water course, sewer, or ground. The Building Envelope segment provides solutions, including roof waterproofing systems, green and landscaped garden roofing, and ventilation louvres. The Housebuilding Products segment consists of Timloc, its housebuilding products business, which manufactures and supplies building products from ground level right up to the roof ridge. The Company's products include Adapt-Air, InvisiWeep, Meter boxes, Fire-rated Cavity Closer, and RadSeal."

[aishah] 30/11/2022 08:01

30 November 2022

THE ALUMASC GROUP PLC

("Alumasc" or the "Group")

International Contract Wins

Alumasc, the premium sustainable building products, systems, and solutions group, is pleased to announce that Gatic, part of the Group's Water Management division, has been awarded a number of new contracts in Asia, with an aggregate sales value of over £7.3 million.

Building on earlier successful projects in the region, these contracts are for the supply of Gatic access and drainage products across a number of projects for airports and seaports in Hong Kong, India, the Philippines and Singapore. The contracts are expected to be delivered over the next 12 to 24 months and further strengthen the Group's order book visibility.

Paul Hooper, Chief Executive of The Alumasc Group plc, said:

"These are excellent wins for Alumasc and demonstrate the global reputation of our Gatic products, as well as the significant ongoing opportunity for the Group to supply large international infrastructure projects. In 2022, overseas exports represented 15% of total Group sales and going forward, we see further opportunities to increase our market share in selected markets such as Asia."

[tole] 01/11/2022 16:42

https://masterinvestor.co.uk/equities/sysgroup-centralnic-and-nine-other-interesting-small-cap-stocks/Alumasc Group (LON:ALU) – back over 200p soon?The AGM Update from this premium sustainable building products, systems and solutions group reported that its first quarter year's trading had stayed robust after last year's strong performance.Both volumes and margins in its continuing operations have been strong, and ahead of the corresponding prior year period.It noted that transportation costs and material prices were stabilising, although exchange rates and energy prices have been volatile and could have the potential to impact costs further.The group has three business segments with strong positions and brands in their individual markets. The three segments are: Water Management; Building Envelope; and Housebuilding Products.Almost 80% of group sales are driven by building regulations and specifications (developers/housebuilders, architects and structural engineers) because of the performance characteristics offered.It was a 'satisfactory AGM Update' was the view of analyst David Buxton at brokers finnCap. He has maintained his 315p price objective.His estimates are for the current year to end June 2023 to reveal £91.0m (£89.4m) of sales and adjusted pre-tax profits of £11.3m (£12.7m), reducing earnings to 24.2p (28.2p) but paying a higher dividend of 10.3p (10.0p) per share.This company will remain one of my favourites, however my view is tempered by the still apparent tricking trading hassles.The shares at 150p are staging something of a price recovery, it would be good to see them back over the 200p level again very soon.

[valhamos] 27/10/2022 08:12

Encouraging trading update with trading in the first quarter being robust and ahead of the prior year period.

[deanowls] 22/9/2022 13:54

Been looking at possible acquisitions after they noted in the last call now they can look forward as they have a more robust company. It was mentioned around 15m, I then wondered around Titon as they have “building envelope” in ventilation, lots of family shares but the chairman was last year appointed a NED, a possible target?

[elff] 06/9/2022 09:18

@kfp might be that the directors couldn’t trade as it was a closed period.

[kfp] 06/9/2022 09:09

Held me back from adding because they didn't buy @ 135 , still can't understand why ?

[aishah] 06/9/2022 08:27

Directors were buying above 200p in Feb. Perhaps they'll add more at these prices?

[aishah] 06/9/2022 07:41

Strong results and outlook:

[aishah] 31/8/2022 08:20

Bonkers Bargains: now yielding more than 7%

Despite problems securing supplies of key products from overseas and steep increases in global shipping costs, the UK building materials sector has been enjoying a boom period. However, the tumbling share prices over recent months of many companies in the sector suggests that markets watchers think recession and rising interest rates will bring a significant slowdown. Shares of this small AIM company have been particularly weak leaving its valuation looking compelling relative to sector peers. Find out more about this lowly rated and high yielding Bonkers Bargain here, including comment on the recently announced disposal.

[valhamos] 26/8/2022 11:55

A good decision. For Alumasc Levolux was a marginal business only making modest profits even in the best of times. The write down is disappointing but there would have been a goodwill impairment if it had not been sold; the remaining business which is performing strongly according to today's update will have much better returns on capital. Added this morning.

[the diddymen] 26/8/2022 11:44

It is a substantial write off of goodwill. That hurts the balance sheet. One way or another it is painful.

[deanowls] 26/8/2022 11:34

Cash and tangible assets. I wonder if they are on the hook for pensions and/or any current contracts similar to what happened at Kinivo?

[redwing1] 26/8/2022 09:52

I think you can probably read it as Alumasc gets the first £1m of any proceeds of a subsequent sale of Levolux. However, the £1m is pretty irrelevant. Alumasc has essentially ditched the Levolux business for nothing. In fact, less than nothing because they have sold it with £1.4m of cash BUT it removes £2m of losses from their figures going forward and the uncertainty that comes with construction contracts.

[zangdook] 26/8/2022 09:24

As I read it, on resale the buyer has to pay ALU anything they receive over £1m, up to a maximum payment of £1m - ie ALU gets its full payment if the resale is for £2m or above.

"...£1,000,000 of deferred consideration, which is repayable from proceeds in excess of £1,000,000 arising from any subsequent disposal of Levolux by Rcapital."

[redwing1] 26/8/2022 08:51

I don't know where you got the 'below £2m' idea from zangdook - that is nowhere in the statement. However, it is correct that Alumasc is effectively giving Levolux away. A bad outcome, but at least this removes Levolux losses going forward and leaves Alumasc as a pure eco-friendly building supplies business with no exposure to construction contracts (and their risks on cost overruns etc).

Trading in the remaining business seems to be good, so the shares should benefit from the removal of this long-term drag on profitability.

[zangdook] 26/8/2022 07:28

If I understood right they're selling Levolux with £1.4m of cash for £1, and the buyer has to surrender any proceeds above £1m and below £2m from a subsequent resale. So today's buyer is really not motivated to try to get a figure between 1m and 2m if they sell it.

[tole] 26/8/2022 07:25

Trading UpdateAlumasc expects to announce results in line with the Board's expectations for the year ended 30 June 2022 on 6 September 2022 and can confirm that trading in the core activities of the Group during the second half of theyear was strong.

[kfp] 25/8/2022 19:05

The Diddymen
Thanks for that , they have fallen quite a lot even though they had the deficit last year when they climbed to £2.80 and the yield ,if the payout is the same as last year , is 7%
As you say very interested to see results statement