Aukett Swanke Share Discussion Threads

[masurenguy] 11/6/2009 01:21

Share price has slipped a further 10% over the past 3 weeks. Market cap now at £7.2m including £1.2m in cash. Interims should be out this month with some guidance on the full year projections. This just could be the bottom but that will probably depend upon the level of H1 losses.

[masurenguy] 19/5/2009 07:54

Some green shoots !!
....................

The latest Architectural Billings Index (ABI) produced by the AIA (American Institute of Architects) in the Unites States rose slightly in February from January's results. This is the US architectural profession's best economic indicator and the slight uptick in billings means architects are, by-and-large, doing a little better than the previous month.

The US AIA's ABI point to improvement in design/building sector of the economy.
Such an indication is made more notable by the continued index improvement in inquiries to architectural services which started to rise back in January from a low in December. The ABI's results suggest that perhaps the down economy is reaching a bottom or floor (insofar as the building industry is concerned).

[miss bossy boots] 20/4/2009 10:59

Aukett Fitzroy Robinson Group PLC
26 March 2009

AGM STATEMENT

Aukett Fitzroy Robinson Group Plc, the international architectural and interior design practice with offices in Europe, the Middle East and Russia, held its Annual General Meeting earlier today at which all eight proposed resolutions were passed.

The Chairman, Tim Hodgson, stated: "The UK property market continues to decline in activity and this will impact on our short term performance up to the half year. However, we are pleased to report that our strategy to develop new markets in Russia and the Middle East is progressing well with a number of large scale project enquires being pursued of which a number have recently been won. Projects in the Middle East continue to utilise our UK based resources thereby reducing the need for further restructuring.

We anticipate that turnover and profit will be down in the first half due to one-off office relocation and other re-structuring costs. However, we are confident of a recovery in profit and cash flow in the second half due to the progress on these larger projects. Overall therefore management expects to meet current market expectations for the full year"

Enquiries

Aukett Fitzroy Robinson - 020 7636 8033
Nicholas Thompson, Chief Executive Officer
Duncan Harper, Group Finance Director

[miss bossy boots] 20/4/2009 10:56

Aukett Fitzroy Robinson Group PLC
21 January 2009

Aukett Fitzroy Robinson Group Plc

Proposed Final Dividend

Aukett Fitzroy Robinson Group Plc, the international practice of architects and interior design specialists, stated in the announcement of its annual results on 15 January 2009, that the directors are proposing a final dividend for the year ended 30 September 2008 of 0.11 pence per share.

If the proposed final dividend is approved by the shareholders at the annual general meeting to be held on 26 March 2009, the company intends to pay the final dividend on 30 April 2009 to all shareholders on the register at the close of business on 14 April 2009.

Enquiries

Aukett Fitzroy Robinson - 020 7636 8033

Duncan Harper, Group Finance Director
www.aukettfitzroyrobinson.com
[e-mail]

[masurenguy] 13/2/2009 07:30

RNS Number : 2500N
Aukett Fitzroy Robinson Group PLC
13 February 2009

TRADING UPDATE

RUSSIAN CONTRACT EXTENSION

In the recent preliminary results of 15th January the Company announced the
signing of a 4,000,000 sq ft office complex for a major Russian financial
institution. We are now pleased to advise that instructions have been received
and a large advance payment made by the developer client to progress to a
planning application this year. This will result in a significant uplift in the Russian operation's income and profits for the current year.

The board's intention has been to diversify revenue streams away from the deteriorating UK market and this has proved to be a successful strategy with good progress being made in both Russia and the Middle East. We continue to receive a number of enquires in Russia and have signed further project contracts in Moscow notwithstanding the fact that the Russian market is experiencing similar funding issues with property projects resulting in widespread deferrals of project starts.

The company stated in the recent preliminary results that it would be necessary to review the UK cost base in view of the decline in the UK market. The outlook for the UK has worsened since January with a number of projects experiencing delays. As a result further cost cuts have been made and the impact of this restructuring will be seen in the first half.

As a result of the continued growth in our overseas operations, compensating for the problems in the UK market, the Board remains confident that it will achieve market expectations for the full year. Due to the large advance payment from Russia, as referred to above, revenue will be increasingly dominated by non-UK based project income. Overall it is anticipated that improvement in second half profitability should more than offset the restructuring costs of the first half and the group will continue to be cash generative.

[thickasmince] 29/1/2009 20:39

Given the global situation, I thought the results were very decent and feel it's all about were we go from here, in an extremely dificult market. Just wonder if this Govt bringing construction orders foward will help? Reasonable Govt spending abroad also planned but reduces forward orders although I presume they all hope by that time, the private sector will pick up?

Not many charts looking like this one at the moment although just about to take a look at the volume of trades.

[masurenguy] 15/1/2009 08:04

RNS Number : 6653L
Aukett Fitzroy Robinson Group PLC
15 January 2009

Preliminary announcement of results
for the year ended 30 September 2008

Key highlights

* Revenue up 14% to GBP22.6m with over 50% derived from non-UK projects.

* 10% growth in earnings to 1.19 pence per share.

* Recommended dividend up 5% to 0.21 pence per share.

* Profit before tax rises 1% from GBP2.39m to GBP2.42m.

* Shareholders' funds up 39% to GBP5.9m including GBP1.4m of cash.

* No net gearing with net cash of GBP0.4m.

Nicholas Thompson, Chief Executive Officer of Aukett Fitzroy Robinson commented: "Having achieved a creditable result in what has proved to be a difficult year; the real challenge for the group is one of achieving a reasonable level of financial performance in a market with fewer opportunities in the short term. We believe that our diverse business model will enable us to improve both our net asset value and cash position in 2009 thereby allowing continuation of our progressive dividend policy."

[masurenguy] 04/12/2008 10:26

Looks like a 50K Buy inside the spread @ 5.45p - speculative or intuitive !

[miss bossy boots] 01/10/2008 20:21

No new projects announced since Feb 2008.

Confusing website, hope their buildings are better.

Nothing encouraging to invest in.

[thickasmince] 28/8/2008 22:57

Got me on that one Mas. I don't have so don't understand level 2 jargon

[masurenguy] 19/8/2008 08:32

L2 currently 2 v 4 @50k v 100k !

[thickasmince] 03/8/2008 23:03

Excellent post Rik. Bloody missed that one. And I read these papers. Should've gone to specksavers, maybe

[rik shaw] 27/7/2008 09:16

Telegraph link:

[thickasmince] 15/7/2008 23:32

I wondered if you'd get them in at some point.

Nothing wrong with a 125cc if it gets the job done. It will of course, be of little use come November when I may need a return journey in something a bit larger.

At least we are hovering about the 6p level still. After the positive interims, I'm glad to see it.

[emptypiggy] 12/7/2008 13:39

pedal power or 125 cc power ,, still beats the bus , unless of course its a stagecoach bus

[thickasmince] 12/7/2008 00:41

I was thinking more of the pedal type of bike. I was sure that was the kind you'd go for? You being the health freak......lol

[mistertibbs] 19/6/2008 23:01

I was pleased with the results as I expected them to be very poor. Even a dividend, which I mentally ruled out completely, with suggestions of an increase at the full year. Only 200k down on turnover on last half year but as you say Mas, operating margins down will always be a concern. However, the share price rise has so far stuck despite some small scale sales. Good to see progress overseas and becoming more important. Was it the overseas business that affected the margins? Bloody memory getting worse.

Good to see your still surviving the petrol prices piggy. Not taken up riding your bike again yet? Never mind, that oil nonsense will soon change, just wait and see.

[masurenguy] 17/6/2008 08:00

Good, solid progress by AUK but operating margins are down by 13% and staff plus sub contacting costs are up hence the 11.5% decline in H1 pre-tax profits

[hornets] 17/6/2008 07:54

Yes, with a p/e of around 6 or 7 these should have limited downside, good statement on dividends too :

"In line with our new
policy of regular and progressive dividend
distributions an interim dividend of 0.1 pence per share will be paid in July 2008. A final, higher, dividend payment is expected after the
year end. "

[silverfern] 17/6/2008 07:43

Decent results and an intelligent approach to utilising their talent in countries not stymied by the property panic. I doubt this will prompt a major recovery in the price however, but that's symptomatic of a market in trouble, not the company. Revenue could reach well over £20m this year; I guess there wewas still some SMC merger cost in the figures but happily they don't even mention that mess.

[masurenguy] 05/6/2008 11:55

Some consistent Buys this morning - no public newsflow - does somebody know a positive announcement is imminent !

[high park] 31/5/2008 14:17

SMC are even more British based than AUK, who appear to have a lot of work in Eastern Europe. None of these areas are immune to the current recession.

Now if most of their projects were based in the Middle East, that would be different.

[8trader] 31/5/2008 14:06

high park.

Strange then that SMC have just realeased a bullish update ?

[masurenguy] 31/5/2008 14:05

Those 2 x 250K trades @7p midprice look to me like a broker to broker transaction.