Billington Share Discussion Threads

[ansc] 12/12/2019 15:30

Going on last year's figures, profit before tax was £4.94m and after tax £4.05m which confirms the figure of £5.2m mentioned in the statement was PBT. That £5.2m market forecast was still an increase of over 5% compared to the previous year (and remember last year's figure was 15.7% up on the previous year) so, if that's been bettered, we could possibly be looking at an increase of at least 7.5%+; cash has also appreciated - £9.3m last time.

I'm not into making forecasts, however, but imho BILN is a great small company, run by a sensible management team, paying shareholders a (comparatively) fantastic dividend. Happy to stay on board.

[this_is_me] 12/12/2019 13:20

If it is a trading update it will be before tax since the tax will be calculated on the final results.

[push n run] 12/12/2019 12:46

When they say "profits", do they mean before or after tax? They really should be clearer.

[ansc] 12/12/2019 11:22

Extract from this morning's trading update:

Mark Smith, CEO of Billington Holdings PLC, commented:

"We are pleased to be able to announce this increase in our expected out-turn for the year. The current political and economic uncertainties will undoubtedly present challenges for the Company in 2020. However, the positive momentum, the Company's strong market position and robust and consistent financial performance leaves it well placed to move forward into 2020 and beyond with confidence."

Can't find much wrong with that myself.

[nw99] 12/12/2019 07:47

Well done SCSW great tip

[this_is_me] 12/12/2019 07:34

Great news this morning!

[ansc] 08/12/2019 18:05

Gutenga Investments PCC Ltd ppear happy to offload at 300p.

[ansc] 25/11/2019 18:57

Six x 144 share buys first thing this morning, weird or what!?

[ansc] 18/11/2019 10:52

Just as a reminder for myself as to why I'm invested in BILN, I re-read the 'presentation' of their Interim results (can be found on the company's website) during the weekend ... impressive to say the least. I still pass by the Yate Structural Steel depot a couple of times each week and their forecourt always looks reassuringly busy.

[ansc] 08/11/2019 10:58

Interesting. I wonder where these were placed yesterday:

[davidosh] 14/10/2019 22:43

Just to let shareholders and potential investors in Billington know that the management team will be presenting on the second day of the two day Mello London investor conference in Chiswick London W4 on Tuesday 12th and Wednesday 13th November and there will be an opportunity to take part in a Q&A at the end of each presentation. These are just a few of the companies taking part...



There will also be lots of quality keynote speakers, panel sessions and round table discussions looking at investment strategies & portfolio diversification plus sessions on.... How does a market maker work your share trades? What is undertaken in a company audit? What is hidden on the dark web? & how can retail investors get access to placings?



If you would like to join the thousand investors at the event you can gain 30% discount on your ticket by entering the code ADVFN30 when you purchase your ticket.

[this_is_me] 23/9/2019 07:59

The different parts of the company are all doing well.

[nw99] 23/9/2019 07:35

Good numbers

[ansc] 20/8/2019 10:47

I particularly liked this paragraph in the Long Term Incentive Plan details released yesterday:

'The objective of the Plan is to ensure that the strategic objectives of the company align with those of the senior management and that the structure of the overall remuneration package assists in maximising shareholder value. Performance criteria related to the improvement in the trading performance of the Company are applicable to the award of shares. The full award of shares shall only be made should progression in Earnings per Share (EPS) be equal to or greater than 20% per annum over a three year horizon period.'

It's unusual for share option terms and conditions to be set which are thought to be unachievable. Not that I needed any encouragement to stay put but the prospect of a share price circa 480p in three years time certainly doesn't DISCOURAGE me!

[ansc] 18/6/2019 11:46

Dr Ospelt was obviously on the same wave-length as me. Gutenga Inv only hold 49.7% of BILN's share capital now!

[gleach23] 17/6/2019 18:03

After such a decent run perhaps you had forgotten the more frustrating side of BILN share price movements ansc? :)

On ex-div day the share price didn't initially flinch and one could sell (the modest amount I have at least) @ 345 early on that day. I thought about a cheeky trade but then thought against it.

Hopefully further patience will be rewarded once again.

[ansc] 17/6/2019 10:53

I struggle to understand the logic of investors sometimes. Just after the announcement of their contract wins, BILN's share price reached a 10 year peak of 355p+ and you could sell at c.350p; if you were thinking of selling surely that was the time even tho' you would be forfeiting the 13p dividend.

This morning, someone has sold 2,946 shares and accepted 321p; OK, they've got 13p to come but, by delaying, have lost 2,946 * 16p or £471! But why sell anyway? Admittedly the Brexit farce is putting a question mark over the British economy but this well-run company appears to be coping admirably.

[this_is_me] 06/6/2019 16:58

ex div today

[ansc] 05/6/2019 06:33

But for that 25k sale yesterday morning, the share price would have probably gone higher ... not that I'm complaining. It'll be interesting to watch the reaction today.

Looking at how well the company is doing and growing now, you tend to forget that six years ago they were losing money, the share price was below 50p and couldn't afford to pay a dividend!

[ansc] 04/6/2019 09:38

The patience of long term shareholders being justly rewarded. If the Yate depot forecourt is an indication of business activity, as the RNS states, BILN is continuing to build on last year's success.

Unlike so many companies these days, the directors aren't rewarding themselves with outrageous pay awards either.

[sailing john] 04/6/2019 09:06

I suppose we should mention the two further contracts announced today totaling £30m in addition to the £41m announced in November last year. Must have a solid order book of large contracts to take them through 2019 and 2020.
I'm still waiting for an offer! - but happy to take divis and capital gains in the meantime!
Currently my largest position
GL - SJ

[ansc] 31/5/2019 19:15

A good day for the share price helped, without doubt, by rhomboid's excellent AGM summation. Well done that man!

[ansc] 31/5/2019 08:56

Agreed, many thanks, rhomboid, for your comprehensive AGM coverage which makes it almost unnecessary to actually attend. I've been an admirer of BILN's for some time now and, with their Yate depot just a couple of miles away from me, would like to show support in person. So, provided I'm not pushing up the daisies by then, next year will 'let the train take the strain'.