Share Name Share Symbol Market Type Share ISIN Share Description
Flowtech Fluid. LSE:FLO London Ordinary Share GB00BM4NR742 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 170.00p 165.75p 175.00p - - - 1,784 09:00:45
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 53.8 5.5 10.0 17.1 87.83

Flowtech Share Discussion Threads

Showing 2226 to 2249 of 2250 messages
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DateSubjectAuthorDiscuss
14/11/2017
10:26
I'm not reading any adverse news about the company so looks like it is an institution selling shares
werewolfie
13/11/2017
16:55
I keep hoping for an MBO or a private equity buyout. The valuation is still low and they have a clear sector consolidation strategy, just needing funds along the way to do so. The concentration of holdings must surely make it more attractive to pull off a buyout.
boonkoh
13/11/2017
15:51
Yes - 71% of shares are held by 10 institutional investors
sharw
13/11/2017
13:54
This share is super illiquid. Such big swings based on such small trading volumes.
boonkoh
13/11/2017
12:58
The fekk? 12p drop
werewolfie
03/11/2017
08:58
Thanks Rhomboid. The fundamentals look good so I'm hanging in there
werewolfie
02/11/2017
17:17
Simon Thompson at the Investors Chronicle, many of his followers appear somewhat impatient 🙄
rhomboid
02/11/2017
17:00
What's the ST effect?
werewolfie
02/11/2017
16:01
I've noticed that elsewhere with the ST effect. A large number of buys the minute his article appears online (23/10) and then as soon as it starts going down what I presume are a whole load of very tight stop losses kick in.
sharw
02/11/2017
15:18
Just dropped 7p?
werewolfie
27/10/2017
14:21
Stonkingly good write-up on FLO in today's paper IC. f
fillipe
23/10/2017
12:16
Thanks alter ego. Wondered what was going on.
kevph
23/10/2017
12:03
just tipped by Simon Thompson in the iC. summary: I am therefore upgrading my target price to 192p, representing 12 times earnings estimates for the 2018 financial year, after taking into account last week’s earnings upgrades, and the ongoing derisking of the cyclical nature of the business, which makes the earnings stream more stable and valuable for investors. Buy.
alter ego
17/10/2017
08:50
FinnCap; The group’s Q3 update confirms trading remains in line with expectations, with a strong level of organic growth boosted by recent acquisitions. No change to forecasts, having been upgraded for the recent acquisition of HES. The shares remain at a deep discount to its peer average, with potential upside to EPS from further expected acquisitions. Our target price of 205p indicates significant upside.
davebowler
12/10/2017
07:15
Useful. And another announcement - on trading - next week.
edmundshaw
12/10/2017
06:25
NEWS RELEASE Issued on behalf of Flowtech Fluidpower PLC Immediate Release FLOWTECH FLUIDPOWER PLC ("Flowtech" the "Group" or "Company") Acquisition of Group HES Ltd further strengthens UK presence and Onsite Services Division to be established in 2018 London: Thursday, 12 October 2017: AIM listed specialist technical fluid power products supplier Flowtech Fluidpower plc (LSE: AiM: symbol: FLO) is pleased to announce the further strengthening of its Power Motion Control (PMC) division through the acquisition of Group HES Ltd ("HES") (www.grouphes.com). Background to the Acquisition Founded in 1965 and, today headquartered in Gloucester, England, HES is a multi-faceted solutions provider to the Fluidpower sector. HES employs 89 people across is network of branches located in Birmingham, Durham, Gloucester and Leeds. The business operates under five trading brands: Hydraulic Equipment Supermarkets; Branch Hydraulic Systems, and more recently established specialist distributor brands in HES Tractec, HES Lubemec and HES Automatec. The acquisition provides another complementary business to the Group's PMC division, delivering incremental revenue through a mix of wider technical applications, reinforces our offer to the off-highway market and adds aerospace to our sector coverage. In addition, the acquisition extends Flowtech's position with important global suppliers, including Danfoss Power Solutions (www.powersolutions.danfoss.com). HES will operate within the PMC division and continue to be managed by the current senior management team. Previous owner and Managing Director, Stuart Diesel, who has been with the business for over 20 years will remain with the HES business during a transition period, and in 2018 he will then take up a new role as Divisional Managing Director - Onsite Services. Working with the existing resources available within the PMC and Flowtechnology operations Stuart will build this new division within the Flowtech Group. The launch of this new division represents the final element of the multi-channel strategy outlined at the time of the Group's IPO in 2014. For the year ended 30 June 2017, HES achieved sales of £10.0 million producing adjusted EBIT of £0.7 million. Net assets excluding Net Debt at the same date were £3.0 million. Unaudited Net Debt at 30 September was £0.75 million, which includes c.£0.5m relating to a large project currently being installed with the contractor, Galliford Try, on behalf of Airbus in the UK. Following completion of this contract Net Debt is expected to return to a "normalised" level of c.£0.1 million by 31 December 2017. The Group expects to deliver synergy opportunities over the short and medium term through coordinated operational, procurement and back office activities. Purchase Consideration The consideration of £4.1 million is to be satisfied as to £3.1 million in cash on completion, and the balance of £1.0 million by the allotment of 661,805 new ordinary shares in Flowtech (the "Consideration Shares") to Stuart Diesel. The Consideration Shares have been credited as fully paid and will rank pari passu in all respects with the existing ordinary shares in the capital of the Company in issue, including the right to receive all dividends and other distributions declared, made or paid in respect of such shares after the date of issue of the shares. Application has been made for the Consideration Shares to be admitted to trading on AIM and it is expected that admission will become effective and that dealings will occur on or around 18 October 2017 ("Admission"). The vendor has agreed not to dispose of any of the Consideration Shares for a period of 12 months (except under limited circumstances with the approval of the Board) from completion and thereafter orderly market arrangements for a further period of 12 months. Sean Fennon, Chief Executive, Flowtech Fluidpower plc commented: "We are delighted to add the technical skills and knowledge of this long-established business to the Group; HES adds new brands and sectors to our portfolio; it also gives us the opportunity to build our fourth leg in technical maintenance which enhances our overall service offering to our customer network. This move clearly reinforces our ongoing strategy to develop a focused Fluid Power Group that serves a wide number of industry sectors, allowing a de-risking of some of the cyclic nature of the business." Stuart Diesel, former owner and Managing Director of Group HES added: "The opportunity to join Flowtech as it rolls out an exciting Group strategy was instrumental in my decision to sell the business. This change also considerably enhances several aspects of our HES business and offers new and exciting prospects for all our employees. My team and I are looking forward to being part of this industry respected business - we recognise that the strategy and the resources available to us opens up new prospects and makes it possible to attain significant growth beyond what was achievable as an independent business." Summary and Notice of Q3 Trading Update The Board of Flowtech remain very encouraged about the future and remain confident that the Group's current performance will deliver another year of solid progress. As a business, it is confident in its strategy, commercial opportunities and the prospects of the Group. Flowtech will be releasing its Q3 Trading Update on Tuesday 17 October 2017.
douglas fir
11/10/2017
13:01
Now we're trucking..
petewy
22/9/2017
15:13
154p at the ask....quite nice. f
fillipe
22/9/2017
09:47
Looks like an overhang cleared? Good to see FLO on the move upwards and breaking out.
boonkoh
22/9/2017
08:48
Lively and nicely up again today. Looking firm on the bid. f
fillipe
12/9/2017
13:27
Too early to tell. They talk of synergies and cross-selling, and they are maintaining margins in a difficult market. We shall see. But certainly acquisitions caome with various short term costs.
edmundshaw
12/9/2017
12:20
This looks like a company on the acquisition trail to boost the top line all the while the bottom line is going nowhere.
rcturner2
12/9/2017
11:06
yes. I'm watching carefully. The divi keeps me happy.
petewy
12/9/2017
10:36
Your opinion obviously differed to the broker!
thaiger
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