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FLO Flowtech Fluidpower Plc

95.50
-1.50 (-1.55%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Flowtech Fluidpower Plc LSE:FLO London Ordinary Share GB00BM4NR742 ORD 50P
  Price Change % Change Share Price Shares Traded Last Trade
  -1.50 -1.55% 95.50 134,527 16:35:22
Bid Price Offer Price High Price Low Price Open Price
94.00 97.00 97.00 95.00 97.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fluid Powr Cylindrs,actuatrs 114.77M -6.25M -0.1017 -9.44 59.03M
Last Trade Time Trade Type Trade Size Trade Price Currency
14:43:26 O 1,181 96.40 GBX

Flowtech Fluidpower (FLO) Latest News

Flowtech Fluidpower (FLO) Discussions and Chat

Flowtech Fluidpower Forums and Chat

Date Time Title Posts
13/4/202408:41Flowtech Fluidpower861
25/10/200812:57test221
29/7/200818:56Go with the FLOMERICS - Lowly rated growth and short term arb play1,783
28/3/200815:31Where is Flomerics Heading?54
24/2/200613:10flomerics-

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Flowtech Fluidpower (FLO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
13:43:2896.401,1811,138.48O
13:33:3295.8515,50014,856.08O
13:21:2795.8016,75116,047.46O
13:15:1495.1054.76O
13:12:3296.401,6681,607.95O

Flowtech Fluidpower (FLO) Top Chat Posts

Top Posts
Posted at 16/4/2024 09:20 by Flowtech Fluidpower Daily Update
Flowtech Fluidpower Plc is listed in the Fluid Powr Cylindrs,actuatrs sector of the London Stock Exchange with ticker FLO. The last closing price for Flowtech Fluidpower was 97p.
Flowtech Fluidpower currently has 61,493,000 shares in issue. The market capitalisation of Flowtech Fluidpower is £59,033,280.
Flowtech Fluidpower has a price to earnings ratio (PE ratio) of -9.44.
This morning FLO shares opened at 97p
Posted at 12/4/2024 11:11 by arthur_lame_stocks
But what is so good about FLO? Despite the large adjusted profit they declare every year, they've made absolutely no dent in that net debt for as long as I've followed them. What about the cashflow?
Posted at 12/4/2024 09:56 by fillipe
Another nice daily up-tick today and with both the bid/ask at/above the 100p marker.
Looking good at FLO.

f
Posted at 09/4/2024 09:14 by fillipe
Some regular decent daily up-ticks on FLO recently.

f
Posted at 05/4/2024 11:16 by red ninja
So is it rumours/hopes of a takeover or hopes of the new management turning the company around that's boosting the share price ?
Posted at 15/2/2024 17:09 by red ninja
Well I'd hope that FLO won't get taken over on the cheap.

Downing Strategic Micro. Cap I.T. are closing down and are already selling down their holdings so any fund or potential acquirer has an easy route there to obtain a stake.
Posted at 15/2/2024 15:04 by camerongd53
I was thinking that myself, with the share price not going anywhere recently, that FLO like most ompanies on the UK stock excchange, could becocme a cheap and tasty morcel for US or EU predator
Posted at 02/2/2024 15:41 by red ninja
The market seems to be pleased that FLO kept to underlying profit expectations :-

"The Board is pleased to report that the underlying profit* for the year ended 31 December 2023 is expected to be in line with market expectations."

I'm hoping Mike England and his team can make some good process over the next few years.

Topped up in the price range 77 - 82p.

I'm hoping that over the medium term with inflation/rates coming down and the FLO team working hard this can be a £1.50 -£2.0 share in line with some financial analysts expectations.

Time will tell if that realistic. I'm a holder. I'm often wrong. DYOR
Posted at 01/12/2023 12:49 by red ninja
Well thought of Odyssean Investment Trust, Interim Report (30/11/2023) comment on FLO :-

Flowtech’s interims downgraded full year expectations with good
momentum in its Solutions and Services offer unable to offset
market weakness impacting the distribution focused (and higher
margin) Flowtech business. The new CEO Mike England has
rapidly strengthened the exec team, identified a performance
improvement plan and refreshed the group strategy aiming to
address the wider market of motion products beyond pneumatics
and hydraulics. We are positive on these developments, although
the market outlook remains uncertain, we see significant value to
come from the new team implementing their plan and building a
stronger, more scalable platform for future growth.
Posted at 10/11/2023 11:32 by red ninja
DSM interim report comment on FLO (also DSM announces that it will be winding down over time) :-





Flowtech Fluidpower plc (7.5% of NAV. Detracted 2.3% from performance and saw share price fall by 22.8% in the period) had a profit warning in the period combined with a tweak to the strategic direction of the business. In some ways this was inevitable with a change of CEO and now the business is led by a through-and-through distributor with Mike England having come from Electrocomponents and prior to that Brammer and Hagemeyer/ Rexel. If anyone should know what good looks like for Flowtech, it ought to be Mike.

The new strategy will build on many of the foundations already put in place but will create a simpler and more cohesive customer proposition going forward. Distribution relies on delighting customers consistently and Flowtech stumbled through a reorganisation in the first half of the year which resulted in negative growth in the highest margin segment of the group. While we had no direct evidence of a reduction in customer confidence in previous periods, we had noticed some negative commentary around some of the reorganisation undertaken by management previously. In hindsight, this was probably already being reflected in some weaker than expected performance, which we unfortunately boiled down to a weaker market overall. The simpler operating model going forward, consolidated under a single brand, should return focus to the customer and the business can build from here on its already strong market position.

The other significant change introduced by Mike is to increase the size of the addressable market by moving into the power, motion, and control sector. This will triple the market size and provide the opportunity to accelerate growth from a low base. The e-commerce offering, while receiving a lot of attention, still lacks traction and is not as progressed as it should be. Once running properly, and with a refreshed sales and marketing effort, the opportunity to generate incremental cross-selling should begin to play through.

Overall, whilst it’s disappointing that progress has been slow and, in some cases, negative, the strategic shift sounds sensible driven by an experienced distributor has significant merit and increases revenue and earnings potential for the future. We remain of the view that Flowtech can be a mid-teens EBITDA business if run correctly and that presents attractive upside over the coming years. Management will have to work hard to achieve the £13m expected EBITDA in 2024 but a prospective EV/ EBITDA of sub 6x and free cash flow yield well north of 10% provides sufficient reward if execution is flawless from here.
Posted at 30/8/2023 12:23 by 1milliejade
No essentialinvestor, they have always been listed since AIM launch in 2014 as Flowtech so not connected to any other business.
Youvall keep mentioning 'good presentations' but that sits awkwardly with the crashed share price.
No excuse for being in at 121p as l pointed out Yr ago they are a sub £1 share.
Their core Flowtech business which was the building block, is going backwards, as is the Margin. They just keep changing The Chiefs and a few of you are so gullible.
Flowtech Fluidpower share price data is direct from the London Stock Exchange

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