Epwin Share Discussion Threads

[paleje] 01/2/2017 16:21

Panmure reiterated their buy target 185p.

Seems a tad ambitious seeing the tepid response so far but sometimes slow burners make a headway several days after an update. A bit each day or even each week would be ok by me.

[haywards26] 01/2/2017 13:13

Reassuring update :)

[thorpematt] 01/2/2017 09:49

Lord Gnome,
You're probably right BUT what I would say is that the market has priced in a potential failure here and thus if it sees this TS as NOT confirming it may re-rate. Actually I think Mr Market sees sector headwinds (landlords) as the problem. This is almost a bet upon EPWN suceeding in a tough environment.

The Zeus note I believe is aligned with my thinking. Patience may be needed here for re-rate however.

We will see...

[paleje] 01/2/2017 09:02

'Onward and sideward' I like that one and don't disagree.

But PE:7 seems cheap for relative safety with a 6% yield and modest capital growth so it might attract a bit of interest from income seekers.

[lord gnome] 01/2/2017 08:12

Solid, but nothing there to get the pulse racing. Can't see it moving the share price, but our rather excellent divi looks safe. Onward and sideward in this case.

[martinwj] 01/2/2017 07:40

Looks like yesterday was an attempt to get weak holders to sell - hoping for 110p+ today.

[qs99] 01/2/2017 07:31

yield good on this one IMO

[this_is_me] 01/2/2017 07:30

Solid trading update.

[martinwj] 01/2/2017 07:15

Jon Bednall, CEO of Epwin, commented:

"2016 was another year of progress for Epwin. We grew profits and had strong cash generation in challenging market conditions. This reflects our strategy to broaden our product portfolio organically and through acquisition, enhance cross-selling and improve our operations."

[alter ego] 31/1/2017 13:59

there was a t/s on 2 feb in 2015. it was earlier in 2016 but conceded with new of an acquisition. perhaps later this week?

[thorpematt] 31/1/2017 13:50

Yes I am really starting to struggle with the disconnect between fundamental and the share price

The lack of a interim TS is surely part of the un-certainty which does not help the short-term valuation.

I do like the story here and in particular the growth in net MARGIN is a very good indicator of good management and successful acquisition integration. So some paitience is justified....but I do have other places to deploy capital and I am beginning to run a little bored.

[paleje] 30/1/2017 15:09

This is quite mad, I can sell at 106.56 and buy at 106.4 online so I can buy cheaper than I can sell, trades not being reported accurately either.

They're not the best communicators, less than 20 mins from me I feel like popping in and asking how it's going, I think I know but it's nice to hear it.

[martinwj] 26/1/2017 07:35

Just been re-reading this research note from epwin website published last September

which indicates they expect a final dividend of 4.4p making a total of 6.6p for the year - a yield of 6.2% at todays price.

[mfhmfh] 24/1/2017 16:46

frustratingly still no trading update

[haywards26] 11/1/2017 12:34

next leg up about to commence hopefully :)

[mattboxy] 10/1/2017 22:45

Bounce off 105 tomorrow to keep in the channel?

[qs99] 09/1/2017 10:55

saw PG NY Q1 17 EPWN entry and have entered the fray. Looking forward to the trading update. GLA

[elmfield] 06/1/2017 18:45

Glad I braved it out, another 10p and into profit.

[mattboxy] 06/1/2017 16:51

Well that was a positive day and a bit closer to that 151p. That would be a great price for starters

[paleje] 06/1/2017 09:21

Yes agreed LG, I think Zeus have 6.6p/share and well covered by operating cashflow. I think it's just one of those overlooked 'boring' stocks that gets sidelined by the headline grabbers.

[lord gnome] 05/1/2017 16:25

I can't disagree with that paleje, although I am somewhat surprised not to see mention of the rather large dividend yield in that statement. Another very good reason to buy some.