Breedon Share Discussion Threads

[nigeldoug1] 04/9/2018 12:54

Moving up a bit but expect a bit more at the close?

[philanderer] 03/9/2018 23:54

Sure was 😊

[nigeldoug1] 03/9/2018 20:28

Perhaps that's what you meant as you posted 2 days ago!

[nigeldoug1] 03/9/2018 20:26

According to the Breedon website it is this Wednesday 5 September.

[philanderer] 01/9/2018 00:21

Interims next wednesday.

[philanderer] 27/8/2018 00:40

'Action group launched against cement plant proposal'

[swiss paul] 20/8/2018 20:03

Hmmm I would who would gain from the musings of that scribe

[alter ego] 20/8/2018 14:48

Agree scotches. Every day in the news section of Hargreaves L. web site, there are Fool(ish) articles with headlines that suggest buying this or that stock could help you retire early or make you a millionaire. They peddle dreams not serious analysis.

[scotches] 20/8/2018 14:08

The killer bit of Fool articles is "Rupert Hargreaves owns no share mentioned". ie if you really believed what you had written why are you not a buyer.

The authors of most of the Fool pieces are just trying to generate a fee for their writing work. Few have any particular financial insight.

[philanderer] 19/8/2018 20:47

FWIW

'3 stocks I believe could double your money'


....My next stock with multi-bagger potential is Breedon (LSE: BREE). What I like about this business is that it already has a strong track record of creating value for investors. Over the past five years, through a combination of acquisitions and operational improvements, net profit has grown at a compound annual rate of 61%. This expansion has helped the company’s shares add 170% since mid-2013.

Breedon owns and operates over 300 quarries and concrete plants throughout the UK and Ireland. These assets have high barriers to entry — it’s not easy to start a new quarry in the UK. Breedon, therefore, has a virtual monopoly in some areas of the market.

With monopoly control of some parts of the UK aggregate market, Breedon should be able to continue to grow at a rapid pace for many years to come. With this being the case, I believe it is worth paying the current multiple of 15.8 times forward earnings for the shares.

[philanderer] 17/8/2018 00:59

Indeed dave.

[reddave9999] 16/8/2018 20:05

Dog of the portfolio, period :(

[philanderer] 16/8/2018 18:53

Dog of the portfolio this week :-S

[philanderer] 01/8/2018 17:50

Lansdowne now under 3%

[redartbmud] 25/7/2018 20:33

Another positive nugget.

[philanderer] 25/7/2018 17:42

Breedon quarry extension recommended for approval in Lincolnshire

[philanderer] 17/7/2018 16:23

Outlook for Breedon boosted by takeover, says Peel Hunt

Breedon (BREE) has completed the acquisition of Lagan, boosting the prospects for the building materials supplier in an unexciting market, says Peel Hunt.

Analyst Clyde Lewis retained his ‘add’ recommendation and edged his target share price to 93p from 92p after updating forecasts to reflect the £455 million takeover of Lagan. He increased profit before tax forecasts for 2018 by £8 million and by £20 million in 2019, with earnings per share climbing 6% in 2019 and 9% in 2020.

‘While the overall UK construction outlook is not that exciting, Breedon’s end market exposures are more favourable – infrastructure and new housing especially,’ he said.

‘We continue to expect the group to improve its operational performance over time as it has consistently done over the last few years.’

The shares eased 0.4p or 0.5% to 81.6p on Monday.


Citywire.co.uk

[reddave9999] 17/7/2018 10:02

The interim results were released on the 20 July last year, so I am presuming they will be realeased this Thursday 19 July. Any thoughts?

[philanderer] 08/7/2018 08:46

Hi Linhur, thanks , hadn't picked up on that 👍

[linhur] 08/7/2018 06:01

Phil

Tarmac deal seems to have cost about £2m more than expected.
Cash paid increased by £1.2m from £4.9m to £6.1m.
Had to keep 4 South Wales ready mix plants that they might
have wished to sell.

Seem to be continually in Competition Regulator sights.

[philanderer] 06/7/2018 10:52

As there's not much news about...


'Breedon Southern Ltd – Potton Quarry Exhibition'

Proposals to extract sand from an extension to Potton Quarry

Breedon Southern Ltd will be holding an Exhibition at The Pavilion at Mill Lane on Tuesday 10th July 2018, which will be open to members of the public from 2:00 pm to 8:00 pm.

The exhibition will be manned by Breedon Company representatives and will include drawings illustrating the Company’s proposals to extract sand from a situated directly south of its existing operation.

If you have any questions or concerns and are interested in understanding in more detail the extent of the proposals, please do pop in for more information.

[philanderer] 02/7/2018 09:46

Tarmac deal deal completed then :-)