Breedon Share Discussion Threads

[medieval blacksmith] 13/4/2022 10:52

Why would they feel the need to buy shares and carry the same risk as investors when the remuneration committee is trigger happy with fat share option awards?

I've watched this stock for years and this is one of the issues that puts me off from increasing my holding.

Buffett has gone on about aligning the interests of those on the board with those of the shareholders for decades with logic you simply can't argue with and a record to prove it yet share options are just sometimes almost given away at times.

If you are lucky enough to be a director of a company in the right sector you get them for just turning up for work mostly - certainly over this last two decades when share price increases have generally been down to lowering interest rates and QE more then increased earnings.

[swiss paul] 13/4/2022 10:36

I dropped Louise Turner-Smith

Head of Investor Relations (PDMR)

a call this morning, no pick up maybe on half term. I sent a text asking the question when was the last time a PDMR actually ponied up and bought (not awarded) some shares.

Will update when I receive a response.

[redartbmud] 12/4/2022 20:34

lorra lorra shares for a lorra lorra bods.
Not good.

[swiss paul] 12/4/2022 19:43

Major Shareholders
Name Equities %
Cortolina Investments SARL 164,959,102 9.76%
Lansdowne Partners (UK) LLP 155,042,138 9.18%
Threadneedle Asset Management Ltd. 136,782,053 8.09%
BlackRock Investment Management (UK) Ltd. 99,479,429 5.89%
Octopus Investments Ltd. 90,553,417 5.36%
Jupiter Asset Management Ltd. 83,398,610 4.94%
Baillie Gifford & Co. 79,000,398 4.68%
Woodford Investment Management Ltd. 67,531,000 4.00%
SFM UK Management LLP 61,826,831 3.66%
AXA Investment Managers UK Ltd. 61,356,676 3.63%

am looking for the last time any Directors ponied up and bought (not been awarded) some shares. If anyone has info then please post.

[swiss paul] 12/4/2022 12:48

And standby for another further dilution. Just remind me who owns this company?

The Company announces that on 11 April 2022 the following Directors and other Persons Discharging Managerial Responsibilities (PDMRs) were granted awards under the Company's Performance Share Plan in respect of the three-year performance period (2022 to 2024), to acquire the number of ordinary shares of nil par value in the Company ("Ordinary Shares") set against their names in the table below. The awards will vest on 11 April 2025, subject to the satisfaction of the undernoted performance conditions. In addition, any resulting shares for Rob Wood and James Brotherton will be released following a further holding period of two years from the date of vesting.



Director/PDMR

Role

Ordinary Shares subject to conditional award

Rob Wood

Chief Executive Officer

1,147,388

James Brotherton

Chief Financial Officer

776,119

James Atherton-Ham

Group General Counsel (PDMR)

218,905

James Haluch

Managing Director - Breedon Surfacing Solutions (PDMR)

248,358

Michael Pearce

Managing Director - Breedon GB Materials (PDMR)

289,751

Jude Lagan

Managing Director - Breedon Cement (PDMR)

179,876

Terry Lagan

Managing Director - Breedon Ireland (PDMR)

342,528

Caroline Roberts

Group People Director (PDMR)

227,661

Louise Turner-Smith

Head of Investor Relations (PDMR)

72,761


Looks like there pay is not enough, will have a look and see who is on remuneration ctee

[tole] 05/4/2022 18:39

https://www.fool.co.uk/2022/04/04/3-of-the-best-penny-stocks-to-buy-after-recent-falls/Another cheap penny stock to buyBuilding materials supplier Breedon Group (LSE: BREE) hasn't suffered the sort of shocking sell-off as SIS. But recent share price falls still leave it looking mighty cheap.For 2022 Breedon trades on a forward PEG ratio of 0.5. I think it could prove to be a brilliant penny stock to buy as construction activity in the UK grows. More specifically I expect it to thrive from healthy infrastructure investment and a step-up in house building.Breedon supplies bricks, tiles, aggregates, concrete, and a wide range of other essential building products. Profits might suffer if broader economic conditions deteriorate. However, I think this risk is baked into the company's dirt-cheap share price. I think its a great growth stock for me to buy today.

[mirandaj] 05/4/2022 12:38

New Aggregate products launched:

[undervaluedassets] 23/3/2022 08:22

This stock will get found..

Cement and aggregates are fundamental to all construction.

BREE also has pricing power as it is vertically integrated and owns lots of quarries.

4000% + growth in pretax profits over the last 11 years has yet to be reflected in Share price which is barely up 400% and currently languishes some 30% off highs.

But that growth will be reflected in the share price one day. Management here is just too good to be ignored.

Got all the characteristics of a Buffet/Peter Lynch stock.

[swiss paul] 22/3/2022 21:01

still a lot to do its been range bound for ages

[mirandaj] 22/3/2022 09:19

Impressive AR. They have come a long way in a reasonably short time.

[swiss paul] 21/3/2022 16:53

21 March 2022

Breedon Group plc
2021 Annual Report and Notice of Annual General Meeting ('AGM')
Breedon Group plc confirms that it has issued to its shareholders its 2021 Annual Report and Accounts and the Notice of its 2022 AGM. The Annual Report and Accounts and Notice of Meeting are now available on the Company's website at www.breedongroup.com/investors.
The AGM will be held on Thursday 28 April 2022 at 2.00pm at Park Plaza Westminster Bridge London, 200 Westminster Bridge Road, Lambeth, London,
SE1 7UT

Subject to shareholder approval at the AGM, 1.1pence per ordinary share of no par value will be paid as a final dividend on 20 May 2022 to shareholders who are on the Register of Members at the close of business on 22 April 2022.

[cisk] 18/3/2022 16:11

Don't forget that it's a recent development that they started to pay divis - I fully expect them to be more progressive in this in the coming years and the yield will improve.

I'm happy with a slow and steady growth - they look a bit oversold (along with so many others...)

[swiss paul] 18/3/2022 15:10

They need to be communicating with shareholders a lot more and getting their PR people out and into the city. Wee profits may have gone up, but what about divvi's?

[swiss paul] 17/3/2022 19:44

Calum - you will havea long wait, its not been doing owt for years

[callumross] 11/3/2022 19:25

Agreed. Looking for 25% return including dividends on this one by year end. Bought an initial 10k today.

[undervaluedassets] 11/3/2022 14:23

Best ever results + positive outlook statement...

Shares lag the performance of the company

Best ever results eventually lead to best-ever share price.

patience

[mirandaj] 09/3/2022 09:28

Yes - excellent results. A sad time to have to put them out but congratulations to them all. Very very busy in my area.



Rob Wood, chief executive, said: “2021 was a record year for Breedon. We navigated the second year of the pandemic successfully, supplied our customers with more materials than at any point in our history and fully integrated the Cemex assets. This excellent outcome was achieved at a time of constant change and the response from our colleagues, adjusting to the pandemic and the volatile economic backdrop, has been outstanding.

“There are strong demand dynamics in our markets and we have many exciting opportunities ahead of us in the current year and beyond. Our GB Surfacing business is positioned for growth, the Cemex acquisition is integrated and poised to reap the benefits of our investment, and we see a number of bolt-on opportunities to in-fill our current footprint in GB and Ireland. Further afield, we have appointed a business development director in the US as we advance our plans for a third platform.

“Breedon has come a long way in the past decade and we have a consistent track record for profitable and cash generative expansion. Our experienced leadership team and committed workforce operate a well-invested portfolio of assets with significant opportunities for sustainable growth. We have a strong balance sheet and will continue to take a measured approach to deploying our capital, taking the time required to find the right businesses to extend our portfolio. The building blocks are in place for our next chapter of growth.”

[swiss paul] 09/3/2022 08:37

MRF - divvi just announced - wow am amazed

[alter ego] 05/2/2022 06:54

I hold both. Bree is more mature, Src is growing rapidly and geographically more diverse. Both excellent imo.

[arregius] 05/2/2022 05:33

Hello Investors here. Those of you investing here, i wanted to know whats preventing you to invest in sigmaroc (ticker SRC) and prefer BREE.Loving to leArn on your deep knowledge. I hold src so I am biased...

[alter ego] 04/2/2022 11:05

Great intel Mirandaj. Thx for posting.