Ashley House Share Discussion Threads

[first_things] 12/5/2017 09:49

Another small tick up this morning and perhaps this is the start of a Re-rating. This is the only listed modular house builder so should attract a lot of interest when the market wakes up to the potential.

[knicol46] 12/5/2017 09:42

20k remain @ 7.5p

[wskill] 12/5/2017 09:38

ASH made profits of more than todays market cap a few years ago now with the new modular buildings side expanded could see this sort of profit again.
worth picking up at these levels.

[knicol46] 12/5/2017 09:37

bid tick up, 7.5p last orders, 8p ahead

[first_things] 12/5/2017 08:25

There has been consistent buying this week and looks set to continue to tick upwards

[knicol46] 11/5/2017 16:19

last traded 7.44p +6.3

last 10 trades all buys

[first_things] 11/5/2017 16:01

Ticking up on small volume.
This business has been overlooked for a long time and the new modular house building could be big (£20 billion affordable homes market in the UK).

[knicol46] 11/5/2017 14:45

sitting on 7.5p offer - heading for 8p for starters

[first_things] 11/5/2017 13:21

Looks set for a break out.....................

[knicol46] 11/5/2017 13:03

about to tick up - mm's wakening up

[knicol46] 11/5/2017 11:53

only 20k volume remain current offer, awaiting news/volume for good rise

[first_things] 11/5/2017 11:15

Just waiting for a "re-rating"........................................

[first_things] 11/5/2017 10:11

Looks like they have big ambitions for F1 Modular:

Our Regional Hubs Plan

The new LHC framework provides a unique opportunity for the public sector to directly procure modular offsite housing via a fully audited framework. The market potential is huge – running into the billions. Volumetric housing supply at only 5% of the currently envisaged annual UK requirement would be circa 10,000 units annually, and represent a potential factory value circa £500 million.

• It is estimated that there is an annual demand for around 250,000 affordable houses
• Most councils need to provide at least 1,000 homes
• A typical scheme to deliver 1,000 homes will cost at least £100 Million – Turnkey at an average of £100,000/house
• A factory capable of manufacturing 250 – 400 homes a year would employ 80 – 100 local people. This would create a business hub for the benefit of the whole community
• The supply chain would be kept local or would be attracted into the area creating more jobs and occupy empty factories/retail units
• The housing would be delivered faster – weeks rather than months
• Environmental impact is much lower
• Housing quality is much higher owing to ISO900 controlled factory conditions
• Homes are constructed using better construction materials and methods
• Energy costs are lower due to more efficient thermal properties
• We deliver a fabric first code 4 home for the cost of a traditionally built code 3 home
• More people employed means more taxes. More homes mean more council tax
• The funds used for the scheme can be kept within the local community

[knicol46] 11/5/2017 08:14

bid ticked up, gradual climb up

[wskill] 10/5/2017 15:46

Not able to get many online without paying over the odds so will have to keep averaging down on dull days.Building should still do well after briexit.

[whites123] 08/5/2017 13:18

Terrible low volume.
Yet one of the most overlooked small caps around IMO.
To benefit from the MASSIVE cash injections from industry to kick start housing.

Once election is out of the way I expect to see quicker decisions made regards social care housing, especially as it figures in manifestos and is a hot topic.

With shortage of stock I would have assumed it would appeal to momentum traders also.

[love it] 08/5/2017 11:01

Anybody notice the 33149 trader pays 7.24p and just sold for 6.79p never gave it a chance to make a profit.

[qackers] 08/5/2017 10:28

Tweeted today

Ashley House plc‏
@ashleyhouseplc

Work on the diagnostics and treatment centre for City Hospitals Sunderland is now underway and week 4 of the construction is on programme.

[knicol46] 08/5/2017 09:40

nearing offer to buy - limited volume

[whites123] 06/5/2017 20:02

F1 Modular which is 76% owned by Ashley House.
Also last para...... "The frameworks can be used by social housing providers".

Ashley House is in my opinion very much overlooked. Its a gem which has Directors fully aligned with shareholders in that they hold £ MILLIONS at a much higher price than todays share price

WHI suggested 15p as fairer value, this was before the increase in ownership of F1 Modular.

Courtesy of; www.constructionnews.co.uk

Revealed: 26 contractors chosen for two housing frameworks worth over £1bn


Twenty-six firms have bagged a spot on two major frameworks for Hyde Housing totalling over £1bn, Construction News can reveal.

Contractors including Bouygues, Galliford Try and Laing O’Rourke have won places on the housing association’s £1bn main contractor framework.

Laing O’Rourke is also one of the four contractors to have bagged a spot on Hyde Housing’s £100m Modern Methods of Construction framework.

The MMC framework has no lots and will last for four years. It includes offsite manufacturing services across Kent, the south coast and London.

Laing O’Rourke was selected for the MMC framework alongside F1 Modular, Mar City Homes and Mear New Homes.

The £1bn main contractor framework has been split into eight lots also covering Kent, the south coast and London and will last for four years.

Kent has two lots: up to £5m; and over £5m. The South Coast has three lots: up to £5m; above £4m and up to £10m; and above £10m. London has two lots: up to £15m; and above £15m. The last lot is for all regions above £25m.

Contractors including Bouygues, Galliford Try, Osborne and Willmott Dixon have won places across multiple lots on the £1bn framework, with other firms including Ardmore Construction and Wates also winning work on individual lots.

Speaking when the frameworks launched last September, Hyde Group business development director David Gannicott said the frameworks would help Hyde “build new homes that people are proud to live in”.

He added: “At the same time, they also reflect Hyde’s ongoing commitment to exploring the use of modern methods of construction in future housing stocks.

“They provide a great opportunity for us to forge closer working relationships with local authorities and other housing associations, who can come on board and take advantage of these new framework agreements.”

The frameworks can be used by social housing providers in the UK, which includes housing associations and local authorities.

[whites123] 06/5/2017 10:40

F1 Modular which is 76% owned by Ashley House.
Also last para...... "The frameworks can be used by social housing providers".

Ashley House is in my opinion very much overlooked. Its a gem which has Directors fully aligned with shareholders in that they hold £ MILLIONS at a much higher price than todays share price

WHI suggested 15p as fairer value, this was before the increase in ownership of F1 Modular.

Courtesy of; www.constructionnews.co.uk

Revealed: 26 contractors chosen for two housing frameworks worth over £1bn


Twenty-six firms have bagged a spot on two major frameworks for Hyde Housing totalling over £1bn, Construction News can reveal.

Contractors including Bouygues, Galliford Try and Laing O’Rourke have won places on the housing association’s £1bn main contractor framework.

Laing O’Rourke is also one of the four contractors to have bagged a spot on Hyde Housing’s £100m Modern Methods of Construction framework.

The MMC framework has no lots and will last for four years. It includes offsite manufacturing services across Kent, the south coast and London.

Laing O’Rourke was selected for the MMC framework alongside F1 Modular, Mar City Homes and Mear New Homes.

The £1bn main contractor framework has been split into eight lots also covering Kent, the south coast and London and will last for four years.

Kent has two lots: up to £5m; and over £5m. The South Coast has three lots: up to £5m; above £4m and up to £10m; and above £10m. London has two lots: up to £15m; and above £15m. The last lot is for all regions above £25m.

Contractors including Bouygues, Galliford Try, Osborne and Willmott Dixon have won places across multiple lots on the £1bn framework, with other firms including Ardmore Construction and Wates also winning work on individual lots.

Speaking when the frameworks launched last September, Hyde Group business development director David Gannicott said the frameworks would help Hyde “build new homes that people are proud to live in”.

He added: “At the same time, they also reflect Hyde’s ongoing commitment to exploring the use of modern methods of construction in future housing stocks.

“They provide a great opportunity for us to forge closer working relationships with local authorities and other housing associations, who can come on board and take advantage of these new framework agreements.”

The frameworks can be used by social housing providers in the UK, which includes housing associations and local authorities.

[norbert colon] 02/5/2017 13:56

With regards to posts 1266 / 1267 these related party loans are typically at circa 8-10% interest and some have a small arrangement fee. Dispute re lack of transparency until such time as the accounts are released, quite often these loans are are on better terms than other available options. Shareholders should, however, continue to encourage mgt of all public companies to be more transparent in such dealings.

[wskill] 02/5/2017 13:50

with the new subsidiary bought from the reciever things are looking much better than the recent past, hopefully this will be the turning point.

[whites123] 01/5/2017 18:06

Concord Register:

Active Stock on Watch: Ashley House PLC (ASH.L)

Needle moving action has been spotted in Ashley House PLC (ASH.L) as shares are moving today on volatility -2.04% or $-0.14 from the open. The LSE listed company saw a recent bid of 6.73 and 289425 shares have traded hands in the session.

Now let’s take a look at how the fundamentals are stacking up for Ashley House PLC (ASH.L). Fundamental analysis takes into consideration market, industry and stock conditions to help determine if the shares are correctly valued. Ashley House PLC currently has a yearly EPS of 1.30. This number is derived from the total net income divided by shares outstanding. In other words, EPS reveals how profitable a company is on a share owner basis.

Another key indicator that can help investors determine if a stock might be a quality investment is the Return on Equity or ROE. Ashley House PLC (ASH.L) currently has Return on Equity of 18.70. ROE is a ratio that measures profits generated from the investments received from shareholders.

In other words, the ratio reveals how effective the firm is at turning shareholder investment into company profits. A company with high ROE typically reflects well on management and how well a company is run at a high level. A firm with a lower ROE might encourage potential investors to dig further to see why profits aren’t being generated from shareholder money.

Another ratio we can look at is the Return on Invested Capital or more commonly referred to as ROIC. Ashley House PLC (ASH.L) has a current ROIC of 14.79. ROIC is calculated by dividing Net Income – Dividends by Total Capital Invested.

Similar to ROE, ROIC measures how effectively company management is using invested capital to generate company income. A high ROIC number typically reflects positively on company management while a low number typically reflects the opposite.

Turning to Return on Assets or ROA, Ashley House PLC (ASH.L) has a current ROA of 6.20. This is a profitability ratio that measures net income generated from total company assets during a given period. This ratio reveals how quick a company can turn it’s assets into profits. In other words, the ratio provides insight into the profitability of a firm’s assets. The ratio is calculated by dividing total net income by the average total assets.

A higher ROA compared to peers in the same industry, would suggest that company management is able to effectively generate profits from their assets. Similar to the other ratios, a lower number might raise red flags about management’s ability when compared to other companies in a similar sector.

hxxp://www.concordregister.com/active-stock-on-watch-ashley-house-plc-ash-l/

The Concord Register is a Concord-based news company founded in 2015 by a team of professional traders, journalists and investors. The website is an online news hub, as well as an intelligence platform for individuals and professional financial investors.