Share Name Share Symbol Market Type Share ISIN Share Description
Alumasc Group Plc LSE:ALU London Ordinary Share GB0000280353 ORD 12.5P
  Price Change % Change Share Price Shares Traded Last Trade
  2.00 0.78% 260.00 149,710 14:18:39
Bid Price Offer Price High Price Low Price Open Price
257.00 263.00 260.00 257.50 257.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 75.99 2.36 6.30 41.3 94
Last Trade Time Trade Type Trade Size Trade Price Currency
17:08:47 O 21,986 260.00 GBX

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Date Time Title Posts
17/6/202119:53Alumasc - 2010609

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Alumasc (ALU) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-06-18 16:15:00260.0021,98657,163.60O
2021-06-18 16:08:47260.007,91620,581.60O
2021-06-18 16:00:06261.805,76315,087.53O
2021-06-18 15:29:09263.003592.05O
2021-06-18 15:27:52263.004611,212.43O
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Alumasc (ALU) Top Chat Posts

Alumasc Daily Update: Alumasc Group Plc is listed in the Construction & Materials sector of the London Stock Exchange with ticker ALU. The last closing price for Alumasc was 258p.
Alumasc Group Plc has a 4 week average price of 220p and a 12 week average price of 169p.
The 1 year high share price is 266p while the 1 year low share price is currently 63.50p.
There are currently 36,133,558 shares in issue and the average daily traded volume is 110,573 shares. The market capitalisation of Alumasc Group Plc is £93,947,250.80.
trier1: 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.
tole: (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*)
the diddymen: The share price has responded positively! TD
the diddymen: trier1, I see where you are coming from. My post was from the perspective of difficult economic conditions in the housing market. Ultimately it is recession that distinguishes the well prepared from the average. There is some evidence that ALU are on the average side, not helped by the constant drip drip from the pension deficit. TD
tole: Ex-dividend todayThe Board is recommending to shareholders a final dividend of 2 pence per share (2018/19: 4.4 pence), applicable to members on the share register on 25 September and to be paid on 30 October.
the diddymen: Sphere, there has been very little change on the board at ALU over many years - tinkering at best. Not a problem, but over the last two decades performance has drifted. When you look at the B/S and strip out intangibles, net assets are negligible. Not necessarily the best way to look at a B/S because the brands generate value, and in my view brands are critical. However look at the P&L and at long last the Board have extracted value by cutting the cost base. First question why has it taken this long. Second question have they cut the right areas. My cautious approach would therefore go like this. The Board appear to have managed a continuous gentle decline in the business over many years. They have now taken action to improve bottom line profit, but have they just exacerbated the long term drift by cutting the 'overhead' which supports the intangibles in the B/S? Add to that the continuous curse of the pension deficit - whatever they pump in, the deficit always seems to stick at c £20m. Also add to the mix that Timloc is very much exposed to the housing sector, which I guess will die in 2021. Investing at the moment is never easy. Were I purchasing ALU at the moment I would be ready to take profits without emotion! TD
sphere25: Is this one of the few companies where there is some value and a potential longer term hold? Looks a resilient performance in such a difficult climate with a 2p dividend to boot. Forecasts of 14p in earnings and a 5p dividend for the current financial year appear to present value and even carry leeway if they're too optimistic and need to be pushed back. A hell of alot of reports out today but how many of those companies can you look at and say there is real value? Most of the valuations look stretched when you look at the forward guidance or just sheer lack of guidance with the uncertainty. Even outperformers like JD. where you're more open to an expansive multiple look very expensive. Beaten down ones like MGGT and EZJ don't carry appeal beyond shorter term trades. Clearly they're a different animal if a vaccine comes out in future. This does appear to be the growing theme with the trend to more market participants with people being at home, a great deal young and inexperienced and with much shorter term horizons so perhaps nimble is better with many of the shares out there. There's just so many with these recurring themes where I'm seeing nothing more than quick ins and out. The US is starting to correct some of the recent gains with larger sell offs and more volatility creeping in so some of the froth surely needs to come off here too. Beyond ALU, a few look reasonable: SCS are naturally doing well with the shift to the house - key resistance at 180 HFD also doing well and not on a bonkers valuation. Questions over sustainability? SMDS making more positive noises particularly with a 12p dividend forecast LUCE are performing very well. Even though alot priced in now, one to look at if the market panic sells down MCB - Possibly, new strategy to hit £1 billion in turnover. Watch for big buying to signal a change of sentiment and belief in that strategy DWF - Decent volume coming in today, heavily beaten down. Interesting chart. One to keep an eye on for further volume and possible break higher. GMR - commented on this on the board a while back noting the short term momentum and guidance is to the upside, which has come to fruition. However, still a great deal of risk and the valuation isn't cheap imo on current numbers and forecasts so the execution really has to be almost perfect, but a speculative one that maybe does smash through my more conservative views beyond the shorter term. These are just high level views and an opinion. Clearly folk have to do their own research and form their own views. Should be interesting to see how far the US falls back and how that mainly tech based move flows through to sentiment here in all companies. After the incredible run, it really does appear to be stuttering at the moment.
tole: The Company announces that it received notification on 6 August 2020 that Mr Jon Pither a Non-executive Director purchased 27,500 ordinary shares at an average price of 71.5p and Mrs P.A. Roth (closely associated person) also purchased 27,000 ordinary shares at an average price of 71.5p.
rcturner2: On stockopedia, the stock rank is 93 and Alumasc is rated as a "super stock", which will bring in buyers from their subscribers. Still cheap at the this price.
rcturner2: This is the most likely reason for the share price increase in recent months: "The triennial pension deficit valuation at 31 March 2019 was significantly lower at GBP22.4m (2016: GBP33.0 million). Company deficit reduction funding has been reduced to GBP2.3 million pa from GBP3.2 million pa, effective 1 January 2020 as part of a 7-year recovery plan." So over the last 3 years the pension deficit has dropped from £33m to £22m. They have reduced their annual pension payments from £3.2m to £2.3m, so will be £900k better off each year and it seems to me highly likely that in 3 years time they will be able to report a similar improvement in the deficit position.
Alumasc share price data is direct from the London Stock Exchange
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