Billington Share Discussion Threads

[tresham] 13/4/2022 09:06

There have been continued challenges. The construction sector has suffered material and labour supply constraints. Billington are better able to face those challenge than their competitors.

[this_is_me] 13/4/2022 07:48

The company is facing a lot of difficulties at present and will struggle to make progress.

[tresham] 13/4/2022 07:38

That £1.1m could have been a 10p dividend to us shareholders. I expect the share price will fall but whether we can buy at a cheaper price I'm not sure.

[value hound] 13/4/2022 07:13

Very conservatively written. A different company could have taken identical circumstances and been extremely gung-ho.

[cheshire] 13/4/2022 07:08

Nice results today, could see a tick up on the SP

[boonkoh] 11/3/2022 19:18

British Steel increases steel prices today by £250/tonne.Don't think I've ever seen such a huge increase in one go. For context theu also raised prices in Dec, but it was only up £30/tonne.

[boonkoh] 03/3/2022 21:09

Hmm rising iron ore prices and the surge in electricity costs is not going to be a good combo for the price of steel.

[tresham] 14/2/2022 18:45

Yes it is very annoying that new investors are buying these shares that we paid up to £4 for. Rufus seem to have sold 20,000 shares to satisy demand.

[ansc] 14/2/2022 18:37

Nonplussed by today's movement.

[boonkoh] 11/2/2022 10:11

That explains this mornings rise...Has anyone not told Simon Thompson that steel production is energy intensive. And electricity contracts that British Steel have are hedged... But probably only for a year ahead... Which means this is the year they start to incur higher electricity costs and therefore will be passing it on to the likes of Billington in higher steel prices :)

[value hound] 10/2/2022 17:49

Included in Simon Thompson's Bargain Shares list for this year, concluding with "the share price looks poised for strong recovery to last September’s 300p highs, and perhaps beyond. Buy."

Personally, I think you could add a quid to that given time.

[tresham] 25/1/2022 14:07

Compare and contrast Billington to Severfield:
Intangibles as % NA: 0% : 50%
T/O / Mkt Cap : 2.7: 1.7
NA / Mkt Cap: 100% : 90%
Can’t understand huge increase in trade volume today unless there is a big seller?
Anyone know what conditions are like in the business?
I find it strange that holiday companies are so highly rated when not profitable and still investors introducing more capital compared with construction (Steel) no new capital and we will always need national firms like Billington?

[dolittle1] 15/11/2021 07:19

Curse of Rhomboid hits again. Profit warning for current year with more confidence for following year.

[tresham] 01/11/2021 21:04

This is a good time to buy. Shares at long term low. There is plenty of work and company will recover.

[ansc] 18/10/2021 13:41

I'm looking to get back in to BILN but, judging by the lack of activity in their Bristol depot of late, think it's still a trifle too early; will continue to watch and wait.

[boonkoh] 21/9/2021 08:36

The usual outlook caveat on inflation.For anyone looking to invest, do look at the British Steel news today. Electricity prices are going to hit steel prices hard, as well as steel production capacity. Can see govt ask steel plants to shut down during winter to protect domestic supplies and prevent blackouts.As we all know, Billington sources it's steel from....

[this_is_me] 21/9/2021 07:38

There has been a big increase in work in progress and earnings despite current difficult circumstances. Looking good for the medium term.

[tresham] 21/9/2021 07:36

Still depressed profits but future looking good.

[dolittle1] 18/8/2021 14:37

Could see profit warning soon.

[ansc] 18/8/2021 13:43

Maybe because it's 'summer holiday time' but the for the past two weeks when I've driven past the Bristol depot, loaded HGV trailers on the Bristol forecourt have been almost non existent. Whatever the reason, it's unsettled me so I'm out for the time being.

[dolittle1] 06/7/2021 20:20

Dividend received.

[dolittle1] 25/6/2021 13:08

Rhomboid, BILN should start motoring soon. Mark me words.

[dolittle1] 24/6/2021 19:50

You are being humble.

[rhomboid] 24/6/2021 19:32

I know nothing