Share Name Share Symbol Market Type Share ISIN Share Description
Ashley House Plc LSE:ASH London Ordinary Share GB00B1KKCZ55 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 2.75 2.50 3.00 2.75 2.75 2.75 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 18.5 1.8 2.9 0.9 2

Ashley House Share Discussion Threads

Showing 2801 to 2824 of 2900 messages
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DateSubjectAuthorDiscuss
01/8/2019
08:49
The idea that MS might do the delaying is bonkers as is the idea that short term funding would suddenly remove profitability. However i think it’s about time the nature of the delays was described in more detail, given the previous optimistic statements. At the moment you can’t really assess the risks of an investment, because the nature of the delays is not known
yump
01/8/2019
07:56
Unless you are tarring Morgan Sindall with the same brush, then that criticism becomes invalid, though I would agree they needed to be more conservative with their timing estimates. Also the appointment of a new MD indicates a willingness to improve procedures as far as it is in their powers to do so.That said this is a pretty grim announcement. I'm going to sit on the sidelines until the risk element is reduced. Final confirmation of these schemes would certainly be a major step in that direction
microscope
01/8/2019
07:06
Always the same story here. For years and years they have been issuing updates saying that schemes have been delayed. It is quite clear that the management team does not have the ability to accurately forecast and they have learnt nothing from years of experience. I have also seen some cosy loan agreements with loans to the company from connected persons secured against specific assets of the Company which the person loaning the money obviously knows the real value of. The only way this company will ever come good is with good luck as the management do not seem to have the ability to deliver.
goliard
01/8/2019
07:01
Of course MS could lend a hand. Equally they could delay schemes as much as possible in the hope of driving ASH under and getting the whole benefit for themselves. I'm sure that thought's never entered their head though...
verulamium
01/8/2019
06:51
Yes, all very grim. They continue to show an inability to be able to close schemes on a timely basis. It’s who they are working with no doubt and the complex funding model required. I suspect that they will find some funding, but the interest cost will probably obliterate any profitability as it did last time. Still one to avoid unfortunately.
topvest
01/8/2019
06:49
Yes you would’ve thought MS could lend a hand. We’ll see.
dibs61
01/8/2019
06:44
Yeah that changes things. But surely Morgan Sindall could give them a short term loan. They do not need to go down the discounted dilutive placing route ?
dave4545
01/8/2019
06:11
Further trading update - the bad news continues - company now talking of requiring funding - what price today??
dibs61
24/7/2019
12:07
Well now would be a good time to get Ash stock, overhang, any sale is dropping it so you can pick up size well below offer quoted which is 8p
dave4545
24/7/2019
09:28
Potentially ;-)
cockerhoop
24/7/2019
09:07
Very positive news:https://www.building.co.uk/news/dfe-outlines-offsite-building-boom/5100790.articleDfE plans to double (year-on-year) the number of schools built using offsite / MMC.
norbert colon
23/7/2019
16:13
Thanks Microscope. Topped up with another 10,000 today. Interestingly I could buy below mid at 7.74p
junior21
23/7/2019
15:29
New MD at Morgan Ashley hTTps://www.ashleyhouseplc.com/news/
microscope
17/7/2019
11:57
I can't remember who it was, but a few years ago now,someone said he'd died and someone else confirmed it. Hector p - has the active gold thread disappeared on purpose, or is it my computer ?
corrientes
10/7/2019
12:29
Looks like he did actually pass away.
hector_p
10/7/2019
12:18
WHIreland 08 July 2019 "Ashley House (ASH) – Corporate – Trading update Market Cap £4.9m Share Price 8.25p Ashley House provides property services, including modular construction capabilities, to the health, community care, housing and educational sectors, among these through its JV with Morgan Sindall (Morgan Ashley). This morning’s update from the group highlights that due to delays in the final legal processes the three schemes highlighted in the update last week did not complete and are now expected to reach financial close in FY 2020E. As a result, Ashely House points to the fact that, whilst it is likely to be profitable in H2 2019E, a loss for the FY 2019E year is expected to be reported, with the profit from the schemes expected to be delivered in FY 2020E. Following this morning’s update, we lower our FY 2019E PBT estimate by £0.6m to a pre-tax loss of £1.6m, whilst we leave our FY 2020E PBT expectation unchanged at £1.5m (WHI est. FY 2019E PBT -£1.6m/EPS -2.8p, FY 2020E PBT £1.5m/EPS 2.5p). Although there remains clear pent up demand in the market for the types of schemes undertaken by Ashley House, as this morning’s update illustrates, the process of achieving financial close in a timely manner is not without challenge. Based on our FY 2020E expectations, the shares are trading on a PER of just 3.4x, which should have scope to expand in time if forecasts are achieved and clear progress demonstrated."
someuwin
05/7/2019
15:31
5% up Got to be happy with that, glad no pi's fell for the shake at the open
dave4545
05/7/2019
14:26
As soon as they printed that 250k sale at 8p they online offer moved up from 8.33p to 8.42p 8.1-8.42p 100k still available at 8.49p but overhang should clear this month
dave4545
05/7/2019
08:41
Delays don't matter if the value of schemes closed each year has risen compared to the past. The delays have always been present, so its any changes that matter in terms of the value of the business, not the fact that its a drawn out process. Two obstacles have been removed, so that is better than the past. What hasn't been present is the current level of schemes in the pipeline. You can look back over ASH's accounts and see what sort of profits were arising from what value of schemes and then have a jab at what might happen if a consistently higher level of scheme value is closed each year. The unknown as yet, is how much contribution appears in ASH's accounts from the JV, as we won't see how costs and overheads are attributed to the JV. o/t Similar situation with SRT where the number of contracts needs to rise permanently and consistently to give decent annual profitiability.
yump
05/7/2019
08:11
Trouble is with Ashley House is that most of their revenue is associated with getting difficult to fund assets to financial close and through the planning system. Never ending delays in prospect unfortunately.
topvest
05/7/2019
07:24
Probably a delayed buy or 2 to show. The market makers did not arf jump back quickly on on trade, they would have least sat there to see if they could flush anybody out. Not be surprised now if it actually went blue, traders are long gone from the stock. I'm not the longest term investor but will stubbornly hold a stock if I feel the price is wrong.
dave4545
05/7/2019
07:13
The mm's know that pi's are often like sheep though and might panic. Hoping for a miracle 3 closures before year end, despite being told that its unlikely and that fact that its the total value of closes that matters not whether they fall into last year or this year.
yump
05/7/2019
07:06
The price is almost back to where it was yesterday and so it should be. I thought the market looked forward not back so a company saying next years results will be excellent should not be marked down 15% 7.71-8.33p currently
dave4545
05/7/2019
06:57
Just a bit of insurance against a sell off even though it’s not new news. They key thing imo is to see what second half looks like when full year results are out - then there might be some clues on this years likely outcome ie they said second half profitable
yump
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