Galiform Share Discussion Threads

[patviera] 05/2/2009 17:26

trojan...the way these are performing they have more to sell but....
1/ biggest seller at bottom
2/ they were buying at 100p!!
3/ as u say they may only sell part holding
4/ could be a new fund manager there who just wants out and has no view

see im not all doom and gloom........will be if 10p though!!!

[trojan] 05/2/2009 12:54

Very "doom and gloom" of you Pat!!

Everything aside concerning them, thier last holding RNS was at a similar time last year:

11/02/08 Holding was 121,069,309
05/02/09 Holding now 120,369,810

Sale of only 699,499!!!


Cheer up a rally is only just around the corner!! ;)

[patviera] 05/2/2009 10:46

trojan...only another 120 mill to go!!!

[patviera] 28/1/2009 18:24

mkts alite!! gfrm should be 16/17p surely?

[trojan] 23/1/2009 15:55

The markets are dire it's not just GRFM.

For those that can afford to buy now and tuck away, the time has never been better imo!!!

Might have to sell the family, as there will be good money being made in 6 months time from these levels methinks!

[patviera] 23/1/2009 15:13

trojan....12p??? oh dear..cleaning me out

[trojan] 15/1/2009 16:10

I have noticed that there last few releases have been a bit abrupt and pointing to their website for more detail, but that is not the done thing when investors need a quick summary of everything etc!!!

Especially in these markets you don't want to have to chase around the net to get detail that should be in an RNS imo.

Nevermind, as you say the upside here is far greater than any downside!!

[patviera] 15/1/2009 15:44

trojan I agree..lfl prob dwn 10 pct...not too bad..all about sept/oct this year and if consumer picks up by then these puppies will be 40-50p...I thoght rns was also bit vague and rushed out...never mind share got 5p downside and 50p upside...I like thos odds...prfer dwht but gfrm a good no.2!!

[trojan] 15/1/2009 11:28

Working so closely with local authorities helps and being at a local level in terms of contact with depot managers etc!! ;)

One for the pension fund for sure.

[jamesroad] 15/1/2009 11:17

I agree they are well placed to capitalise on the upturn, they don't need the marketing spend like the others to kick start it either, as they have over 200,000 accounts

[trojan] 15/1/2009 10:49

Yes indeed, they seem to be on top of the pile in their market place, which is why I am so confident about the share in the med/long term!!

[jamesroad] 15/1/2009 10:30

Its factual I suppose, but they are faring better than B&Q and Homebase

[trojan] 15/1/2009 07:56

That could have been a lot worse imo and although it will be difficult trading for the first half of 09, I would not be surprised if we see sales in the 2nd half at least on par with 08 and maybe even just ahead!!

Just my thoughts, but in my mind this is a multi bagger from this level over the next 18/24 months! DYOR.

I also have to say that I am not a fan of how abrupt these updates are in the rns's as they are very short and come across as if it's too much bother, maybe it's just me?

[patviera] 13/1/2009 17:00

looks like a big seller finished as went better with decent volume...should be 22p compared to other stks in similar fields eg tpk

[jamesroad] 13/1/2009 16:12

Having a better day up to 15.5p at the moment, maybe there is some good news or someone is buying as they are so cheap.

[trojan] 13/1/2009 07:59

I think we now know the cost's of those leases as they have given us all the dates and monies involved, but the city will have noted it all down and even if they are happy with it they will want to see the start of any recovery in the housing market before buying back in.

As soon as we see some confidence in the banks and they start lending again, we should see 25p very quickly indeed, still a good time to buy in and tuck away methinks.

[patviera] 12/1/2009 18:22

trojan...looking at most other hbuilders/cyclicals...eg tpk,wos,home,bdev....if I had to guess share price I would say gfrm would be 25p...just no rally at all in them...I suppose its the uncertainty of the total costs of MFI leases...?

[trojan] 12/1/2009 14:16

To be honest no, we have had the update from thier peak period and then it goes in to there quiet time, so not expecting too much!!

[jamesroad] 12/1/2009 14:05

Sales update due on Thursday 15/1/09 according to their web site. Has anyone any thought or insight?

[patviera] 05/1/2009 15:48

all cyclicals 50 pct off bottom recently except for.......!!!! hopefully lagged response

[trojan] 02/1/2009 12:31

Sorry Pat, been a bit busy!!

Not too sure to be honest, will try and look into it, or pop the question to the company!!

Non-exec tucking a few away now I see!! Not many but it all adds up. ;)

[patviera] 31/12/2008 14:53

trojan...im a bit lost..are they given these shares?or do they pay for them?irrelevant to me??!!!

[trojan] 31/12/2008 12:27

A nice, late crimbo present for the directors then!!

Well at the very least the directors holdings look a bit better now Pat!! ;)

[trojan] 29/12/2008 08:19

A good question and to be honest I am not fully aware of the details of any of the gearing at Galiform, I would expect though that the majority of this is fixed at the time it is agreed, which is the usual procedure. If you wanted a better deal you would have to re-negotiate, but at present I think they may well be just happy to sit on what they have and wait for some confidence to come back into the financial sector!!

Interest rate cut's for the moment are not going to help them, although it should as I'm sure many will be better off with lower mortgage payment's by now, but the VAT cut will have helped them.

If we can see some confidence back in the sector soon, then even lower rates and the VAT cut may just trigger a few peeps having jobs done around the house, like a new kitchen as they will have a bit more in thier pocket and will have to pay 2.5% less on top of the bill to the fitters!!
Let's face it with rates due to go down again, there will not be much return on any savings, so peeps may just go out and spend at some point which is what this pathetic government wants them to do AND soon!!!

[patviera] 28/12/2008 19:40

also trojan do the recent interest cuts help gfrm(not with pension as it wont help that)or are the rates of interest on their debt fixed?