Flowtech Fluidpower Share Discussion Threads

[shaker44] 17/5/2022 11:48

I can only offer that much of their revenue flows from parts/after sales. Essential to maintain operations of customers even in recessions. Someone else may offer you more insight

[boadicea] 17/5/2022 11:20

I find this company's relative immunity to the general market woes interesting as well as encouraging. Does anyone have a particular insight into the rationale?

[camerongd53] 30/3/2022 14:12

Cannot understand why the shares dipped to approx 100p recently. Some must be regretting selling them at that price.

I thought the results were satisfactory considering the backdrop for the past couple of years. It is good to note that the BOD are confident about sales and margins going forward which if achieved will give an increase in profits and eps

[edmundshaw] 30/3/2022 14:06

Well that is a nice vote of co=fidence from one of the NEDs...

[milliejade1] 30/3/2022 11:48

Firstly Flotech (sic) is an ENTIRELY different business. Worrying if people posting can't correctly identify the Company they are purporting to discuss.
The statement is simply a re-hash of previous ones, jam tomorrow. I also worry about the speculation about 180-200p that has been stated here ad nauseum. It will happen, for 2 shares !!.
Get out above 115p buy at 98p

[sidam] 29/3/2022 11:58

Given that the co generates cash, I thought the statement that dividends had low priority was a bit disappointing. That said and although I am not a chartist, the chart looks interesting with the recent downtrend broken and a possible head and shoulders reversal. That could push the shares to the brokers targets of 180 to 200p. If management can get the e-commerce right, that could increase market share and therefore generate higher revenues and therefore EPS that currently being projected. So possible decent upside.

[edmundshaw] 29/3/2022 09:59

Good summary. I would add:
- Flotech Fluidpower (and its competitors) have a resilient business. The big downturns in some other sectors caused by Brexit, COVID and Putin have not been seen in Flotech's line of business.
- Plenty of addressable market out there, both in the UK and longer term in Europe.

[18bt] 29/3/2022 09:43

Presentation salient points:
- They are seeing encouraging signs: Q4 2021 was decently above Q4 2019, so back to growth.
- They are now "recovered" from the COVID downturn
- Debt increase has been largely investment in inventory of £8.5m - they took £9m out of inventory during COVID. There is a debt bridge in what they presented. They see debt coming down again in future.
- Cash generated from operations was £8.0m
- Still £10m of headroom under banking facilities at year end
- Divisionally, they were a bit disappointed by Services, but expecting return to a 5% margin - 2021 revenue was £17.4m, so that would be an uplift in margin of £0.7m. They said in answer to a question that business was delayed but not lost by the supply chain issues in 2021
- the 5 Flowtech brands are now transitioned to 1 - Flowtech and are now on a unified IT system
- 2022 brings unification of the Fluidpower brands. The online brand is going to be a couple of weeks late, but sounds like early Q2, rather than the Q1 planned. 55,000 SKUs will become 125,000
- Flowtech and Fluidpower businesses will have a single product file
- The unification of customer databases enables a lot better marketing/sales, integrated Email marketing SEO, with an AI element
- Re acquisitions: they are much more focussed on orgainic growth
Overall quietly positive

[ashleyjv] 29/3/2022 09:09

"2022 expected to be the year in which the business demonstrates a full recovery and delivers growth compared to pre COVID-19. Encouraging start to the year, with revenue and gross margin ahead of expectations"

[18bt] 29/3/2022 09:02

Decent set of results. Will report later on Investor Meet Company presentation which has just started.

[milliejade1] 13/3/2022 15:31

Perhaps just VERY astute. Just think of the £'s people made who took my advice !!.
The Russian invasion was well orchestrated for months, unless you've been living on Planet Zog !!.

[edmundshaw] 07/3/2022 19:15

How did she know last year that Putin was going to start a war? Astonishing prescience...

[milliejade1] 07/3/2022 11:50

Told you all in JAN VASTLY OVER PRICED NOW YOU BELIEVE ME !!.
Massively below 2014 lst day of trading level. My analysis shows they bottom out at 75.5p

[milliejade1] 07/3/2022 11:43

I did warn you guys late last year and also twice in Jan (see my posts on this site) when you were all going crazy saying £ 2 in sight. Some of you were quite scathing, but events now reflect my dire warning to you. The shares are now 14% approx below their end of 1st day trading 2014 fully 8 years ago. The good news is my analysis shows they bottom out at 75.5p
Please take the tip next time, I don't get much pleasure in always being right.

[ashleyjv] 07/3/2022 09:22

FLOWTECH FLUIDPOWER PLC

("Flowtech", the "Company" or the "Group")

Notice of Annual Results

and

IMC Investor Presentation

AIM listed specialist technical fluid power products supplier Flowtech Fluidpower plc (LSE: symbol FLO), is scheduled to release its Annual Results for the year ended 31 December 2021 on Tuesday, 29 March 2022.

The Company is also planning to hold a 'live' presentation which will be hosted by CEO Bryce Brooks, and CFO Russell Cash via the Investor Meet Company platform on the day at 9.00am.

Investors can sign up to Investor Meet Company for free and add to meet Flowtech Fluidpower plc via :



Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9.00am the day before the meeting or at any time during the presentation.

Investors who already follow Flowtech Fluidpower plc on the Investor Meet Company platform will automatically receive an invitation to join the event.

[camerongd53] 04/3/2022 15:29

I know there is a general sell off today and most indicies are down about 3% but Flow is down 10%
FLow share price has been weak for weeks even before today's fall

[farrugia] 04/3/2022 14:02

whole market sell-off

[camerongd53] 04/3/2022 13:59

anybody know the reason for today's price drop of 10%ish?

[fillspectre] 21/2/2022 19:54

Nice to see Downing LLP has moved up to an 8% holding - see this evening's RNS at 5:49pm. Someone accumulating at the moment. Fils

[bb123] 28/1/2022 22:18

Top shareholders any comments?

Last updated: 22 April 2021

Top shareholders
Shareholder Number of shares held Percentage of issued shared capital
Odyssean Investment Trust PLC
9,265,447

15.07%
Close Brothers Asset Management 5,128,220 8.34%
Gresham House plc 4,805,439 7.81%
Chelverton Asset Management 4,100,000 6.67%
Downing 3,896,658 6.34%
River & Mercantile Asset Management 3,561,702 5.79%
Charles Stanley 3,097,851 5.04%
Lazard Freres Gestion 2,620,080 4.26%
Canaccord Genuity Wealth Management 2,173,099 3.53%
Hargreaves Lansdown Asset Management 2,093,115 3.40%
BGF Investment Management Limited 1,896,724 3.08%

Directors' shareholdings
Main Board Number of shares held Percentage of issued shared capital
Bryce Brooks Chief Executive Officer 299,160 0.49%
Russell Cash Chief Financial Officer 48,175 0.05%
Nigel Richens Non Executive Director and Senior Independent Director 73,500 0.12%
Roger McDowell Non Executive Chair 750,000 1.22%

Last updated: 22 April 2021

This page will also be updated on a bi-annual basis to reflect major changes in holdings.

[milliejade1] 28/1/2022 21:50

'Ruck awsy' ?. Some really BIG road hump so l guess you must have a 4 x 4.

[shaker44] 26/1/2022 22:42

So why did you then?! Unless you are a trader better to hang tight- just a road hump. Well managed outfit. Good share to tuck away.