ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

BILN Billington Holdings Plc

493.00
0.00 (0.00%)
03 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Billington Holdings Plc LSE:BILN London Ordinary Share GB0000332667 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 493.00 14,116 08:00:00
Bid Price Offer Price High Price Low Price Open Price
480.00 506.00 493.00 493.00 493.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Heavy Construction, Nec 132.5M 10.33M 0.7983 6.18 63.77M
Last Trade Time Trade Type Trade Size Trade Price Currency
15:34:15 O 842 497.90 GBX

Billington (BILN) Latest News

Billington (BILN) Discussions and Chat

Billington Forums and Chat

Date Time Title Posts
23/9/202411:48BILLINGTON HOLDINGS ::::: Structural Steel1,026

Add a New Thread

Billington (BILN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-10-03 14:34:16497.908424,192.32O
2024-10-03 13:45:22490.502501,226.25O
2024-10-03 13:32:07491.202,52912,422.45O
2024-10-03 10:28:18498.90140698.46O
2024-10-03 09:16:56491.105,00024,555.00O

Billington (BILN) Top Chat Posts

Top Posts
Posted at 03/10/2024 09:20 by Billington Daily Update
Billington Holdings Plc is listed in the Heavy Construction, Nec sector of the London Stock Exchange with ticker BILN. The last closing price for Billington was 493p.
Billington currently has 12,934,327 shares in issue. The market capitalisation of Billington is £63,766,232.
Billington has a price to earnings ratio (PE ratio) of 6.18.
This morning BILN shares opened at 493p
Posted at 23/9/2024 10:14 by davidosh
Billington are on the Mello show tonight as they will be featured on the BASH session

Programme
5.00pm Paul de Gruchy with ‘DG19: Everything’s gone wrong. Who is responsible?’
5:30pm Company presentation from Warpaint
6:00pm Company presentation from Windward
6.30pm Educational Presentation
6.50pm Company presentation from Van Elle
7:20pm BASH Panel – Kevin Taylor The Property Franchise Group (TPFG) and Mark Simpson Billington (BILN)




Get 50% off your ticket with code MMTADVFN50
More info:
Posted at 20/9/2024 08:07 by rimau1
Nice write up from the small caps life team, expect an H2 beat, acquisition pipeline firmed up with the new RCF in place and they conclude that the market barely moved the price despite being on 9x with a big chunk of net cash and likely H2 beat. I happen to agree!
Posted at 17/9/2024 11:44 by value hound
Update from ST:

More upside to come from this steel specialist

Flat first-half pre-tax profit of £4.6mn
Deferred contracts restarting
Full-year earnings guidance raised 9 per cent

Buoyed by a robust order book and increased activity in key markets, Barnsley-based structural steel and construction specialist Billington (BILN: 520p) has upgraded full-year earnings guidance.

Chief executive Mark Smith believes the economic environment has started to stabilise and that the industry is poised to return to regular, steady growth. This is borne out by the performance of Billington Structures, a leading UK structural steelwork contractor capable of delivering complex structures of 10,000 tonnes or more.

The business is operating at near full capacity and boasts a record order book. Robust demand is being seen in the high-tech manufacturing, infrastructure, data centre and defence sectors, in addition to energy from waste. The group won its largest ever contract in the first half with Acciona for the North London Heat and Power Project. Billington has built a strong position in the energy from waste sector and is well positioned to win further business in what is a complex market with reduced competition. Other sectors, such as distribution warehouses and film studios, are seeing projects restarted, presenting further opportunities.

In addition, Leeds-based Peter Marshall Steel Stairs, a specialist designer and fabricator of bespoke steel staircases, balustrades and secondary steelwork, is on course for a record year, so much so that it has been utilising partner companies to assist in the delivery of its significant workload. Management is looking at options to increase capacity to meet the expected high future demand. The business provides stair structures for projects including commercial offices, power generation, data centres, distribution warehouses and leisure schemes.

The company’s safety solutions business, which provides temporary perimeter edge protection and fall prevention systems for hire, is in demand, too. The unit increased its contribution to the group result, delivering a near-50 per cent increase in operating profit to £0.96mn in the first half.

Raised guidance supports upside

The board’s raised earnings guidance prompted house broker Cavendish to upgrade full-year pre-tax profit and earnings per share (EPS) estimates by 9 per cent to £9.3mn and 57p, respectively, albeit EPS will still be 28 per cent down on last year’s record results, which benefited from one-off margin gains that materially boosted earnings. Importantly, profits look sustainable at the current run rate, which is 60 per cent higher than in 2022.

The shares have delivered a 167 per cent total return (TR) in my 2022 Bargain Shares Portfolio, and a 32 per cent TR since I selected the company as one of my 2024 takeover targets. However, they remain modestly priced on 1.3 times book value and on a current year price/earnings (PE) ratio of 9. Moreover, with Billington holding net cash of £22mn (169p), and the business throwing off surplus cash even after factoring in annual capital expenditure of £3.5mn, the 20p-a-share dividend is secure and underpins a 3.8 per cent dividend yield. Buy.
Posted at 17/9/2024 10:00 by phar lap
Update from Cavendish

Interim results: FY24 EPS upgraded by 9.4% The group has posted a resilient performance against strong comparables and a challenging market. There is increased optimism on H2 deliveries, with a return of activity in distribution warehouse and film studio projects adding to its active flow of projects in data centres and Energy from Waste projects. The group continues to increase market share and a strong level of order intake and record order book at 30 June gives rise to greater visibility to improved H2 deliveries; as such, it flags FY24 performance being ahead of expectations. We are upgrading FY24E adj PBT by 8.8% to £9.25m, with adj EPS boosted by 9.4% to 57.0p. No change to FY25E at this stage. We maintain our 610p TP, implying a conservative FY25E P/E target of 11.0x. With market conditions likely to improve as interest rates continue to decline, we expect the shares will continue to perform well.
Posted at 13/9/2024 09:55 by sharesoc
Join the SIGnet Follow-Up Meeting on Billington (BILN) on 2nd Oct at 6pm, where we’ll discuss their Interim Results.

hxxps://www.sharesoc.org/events/signet-follow-up-meeting-on-billington/
Posted at 31/7/2024 15:55 by herbert0
The share price and share trades are bizarre.
Posted at 29/7/2024 13:16 by faz
If it is then all of 20 000 shares have been sold which isnt much. Personally I doubt the promise of jam tomorrow scenario applies to this company. The share price is very sensitive and given the way the company has been performing I just see the current weakness as a few price driven sales, a self-asserting paradigm. but we could do with some news to bring a few buyers in.
Posted at 17/7/2024 07:19 by pugugly
Correction to above - Looks like part of the following.
"Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, has been notified that Gutenga Investments PCC Limited has sold 1,861,119 shares in the Company.

Dr Alexander Ospelt, a director of Billington Holdings Plc, is a member of the foundation council of Gutenga Foundation which owns 100% of Gutenga Investments PCC Limited, and he is a director of Gutenga Investments PCC Limited.

Gutenga Investments PCC Limited now holds 2,586,866 Ordinary Shares in the Company representing approximately 20% of the total number of issued shares in the Company."

The BIG question is, Why sell? Does the foundation need cash for diversification or purposes of the foundation?
Posted at 17/6/2024 15:09 by taylor20
BILN is pretty illiquid at the best of times, and I seem to remember there was a bit of a boost around the time of the IC mention, so if those traders are deciding to exit that will also put a drag on the share price.

With any luck might trade down to £4, which would be a nice opportunity.
Posted at 22/3/2024 09:03 by davebowler
Cavendish
Industrial Technology

£90m contract awards boost order book to a new record

Key data
Share price (p) 400.0
Target price (p) 541.0
Market cap (£m) 48.5
Enterprise value (£m) 37.7
Billington has successfully secured a number of significant contracts, which together are worth £90m over 24-months. The six new contracts include the largest single contract in its history and also boosts the order book to a new record high. These contract awards signal an increase in market share and provide further support to existing market expectations, and we anticipate further detail at the forthcoming results. The valuation looks attractive on a P/E of 8.1x and offering a premium dividend yield of 5.0%, supported by a strong FCF yield of 9.3x. Our price target remains 541p offering strong upside to current levels with the contract awards providing a boost to investor sentiment.
Billington share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock