Breedon Share Discussion Threads

[113mike] 14/12/2015 10:15

I'm in... for the medium/long term

[arja] 22/11/2015 17:58

nice chart but pays no dividend for some reason !

[tournesol] 19/11/2015 17:32

I tend to think that a reasonable target for a patient investor is 100p within 1-2 years. I will certainly not be looking to sell before then unless circumstances change.

Basically we have an infrastructure backlog in this country as well as a housing backlog. As the economy starts to move there will be opportunities galore for the products sold by Breedon. This week's news talls us that the company is building critical mass.

I regard this as one of my better picks and one of the safest.

[elmfield] 19/11/2015 17:18

Stella Stella!

[proactivest] 19/11/2015 08:56

Video interview with CEO Vivian

Breedon Aggregates to benefit from construction boom after timely acquisition

Simon Vivian, group chief executive of Breedon Aggregates (LON:BREE), says the £336mln acquisition of Hope Construction Materials introduces his company into the product arena of cement and large infrastructure projects.
With the heavy building materials sector forecast to grow between three and five per cent, Breedon is poised to become an essential materials supplier for Crossrail, currently Europe’s largest infrastructure project, and the Hinkley Point nuclear power station.
Breedon’s acquisition of Hope Construction Materials is subject to clearance from the Competition and Markets Authority with approval anticipated in May 2016.

[reddave999] 18/11/2015 14:33

Fully agree chrisgail.

[chrisgail] 18/11/2015 13:51

My price target is 75p but I'm more than happy to hold for the long term, quality seems to be very difficult to find these days and Breedon, is just that, quality.

[gargoyle2] 18/11/2015 09:58

Paul Kavanagh ‏@PaulJKavanagh1 · 44m44 minutes ago
Looks like Peel Hunt upgrading Breedon price target to 75p as it upgrades 2016 EPS by 10-15%, and 2017 by 35%!

[elmfield] 18/11/2015 09:34

A corker of an AIM gem this is
turning into, eh?

[redartbmud] 18/11/2015 08:26

Diversity of opinion then.

[konkel] 18/11/2015 08:08

Fantastic deal and trading statement...onwards and upwards!

[reddave999] 09/11/2015 12:21

I reckon so elmfield as mild weather and low energy costs must be helping.

[elmfield] 09/11/2015 11:28

60p, in reach?

[reddave999] 05/11/2015 09:25

Trading statemenr on Wednesday 25th November. GLA

[redartbmud] 03/11/2015 07:57

Mirandaj

Thanks.

red

[mirandaj] 03/11/2015 07:54

Positive trend for MPA construction material sales volumes: Asphalt up 9.6% in the year Q3, Aggregates 6.5% up, & RMC 3.8% up



30 October 2015

MPA Sales Confirm Flattening in Construction, but Prospects Remain Positive
Minerals products sales volumes remain robust, driven by higher road investment. Sales volumes of asphalt were 5.7% higher in the third quarter of 2015 than the same quarter of 2014, and sales of aggregates and ready mixed concrete were 2.2% and 1.1% up respectively over the same period. In the 12 months to September 2015, asphalt sales grew by 9.6% compared to the previous year. Aggregates sales were 6.5% higher over the same period, whilst sales of ready mixed concrete, which started to recover ahead of other markets following housing activity, grew by 3.8%.

London markets remain strong, with ready-mixed concrete volumes 2.5 times higher than in 2009 and sales in the year to September 2015 8.5% up than the previous year. Major construction projects also led to strong third quarter sales of aggregates, asphalt and ready mixed concrete in Scotland.

The preliminary GDP figures indicated that third quarter construction output contracted by 2.2% compared with the second quarter. Our data suggests a less gloomy picture with longer term trends remaining positive.

Expectations for construction output and mineral products demand remain positive for 2015 and the following years, assuming further growth in new housing and commercial and infrastructure work materialises as planned.


In full:

[reddave999] 02/11/2015 21:03

Nice rise today folks:)

[reddave999] 30/10/2015 15:21

Thanks Mirandaj :)

[mirandaj] 30/10/2015 11:58

Results were out in March last year so unless there is any other news then March.

London: In a research report shared with investors on Thursday, 29 October, Cantor Fitzgerald reconfirmed their Buy rating on shares of Breedon Aggregates (LON:BREE). They currently have a GBX 60.00 price target on the company.

[reddave999] 30/10/2015 10:44

Anyone know when next results/ trading update is ? Thanks

[konkel] 11/9/2015 14:26

Written up in IC.

[miss womble] 11/9/2015 10:17

Over 2 million shares bought at middle price. Seems to me as if there is something going on.