Galliford Try Share Discussion Threads

[ammu12] 20/1/2021 13:00

Trading updateBalance SheetThe Group has maintained a strong cash position, leaving us well placed to manage lockdowns and to continue to support the business. Average month-end cash for the six months ended 31 December 2020 was GBP158m (six months to 30 June 2020: GBP141m). The Group has a PPP asset portfolio, no debt and its period-end cash at 31 December 2020 was GBP209m (30 June 2020: GBP197m).Order Book and OutlookWe continue to see a strong pipeline of opportunities in our core sectors and in line with our disciplined approach to risk management and contract selection. Our strong position in the public and regulated sectors positions the Group well to benefit from increasing Government construction and infrastructure spending. At 31 December 2020 the Group had a high-quality order book of GBP3.3bn (H1 2020: GBP3.2bn), benefitting from recent contract awards which align to our strategic focus. Notable awards include Thames Water's GBP590m AMP 7 framework, our appointment to the GBP10.5bn NHS Shared Business Services framework and our appointment to the GBP2.1bn Construction West Midlands framework.

[ammu12] 20/1/2021 12:59

Trading updateBalance SheetThe Group has maintained a strong cash position, leaving us well placed to manage lockdowns and to continue to support the business. Average month-end cash for the six months ended 31 December 2020 was GBP158m (six months to 30 June 2020: GBP141m). The Group has a PPP asset portfolio, no debt and its period-end cash at 31 December 2020 was GBP209m (30 June 2020: GBP197m).Order Book and OutlookWe continue to see a strong pipeline of opportunities in our core sectors and in line with our disciplined approach to risk management and contract selection. Our strong position in the public and regulated sectors positions the Group well to benefit from increasing Government construction and infrastructure spending. At 31 December 2020 the Group had a high-quality order book of GBP3.3bn (H1 2020: GBP3.2bn), benefitting from recent contract awards which align to our strategic focus. Notable awards include Thames Water's GBP590m AMP 7 framework, our appointment to the GBP10.5bn NHS Shared Business Services framework and our appointment to the GBP2.1bn Construction West Midlands framework.

[oapknob1] 20/1/2021 11:52

NT to sell. Iceberg.

[susiebe] 20/1/2021 10:49

I know they're saying 'expects' but given the excellent TS I'm pretty confident here.

[susiebe] 20/1/2021 10:44

Thank youAll looking good here

[oapknob1] 20/1/2021 08:27

Confirmation for div still needed. Still saying "the board expects". Sooner they confirm the better.The Group expects to announce its results for the half year on 4 March 2021.As previously announced, the Board expects to report a return to profitability and a resumption of dividend with its half year results to 31 December 2020

[ammu12] 20/1/2021 08:22

Wow wow wowWhy is this sub 200p?

[susiebe] 20/1/2021 08:21

Why March?Great RNS,have added a few more

[oapknob1] 20/1/2021 08:10

They doubled up ;-) relax and wait for March.

[bridggar] 20/1/2021 07:58

You not going to mention the institutional buying?

[our haven] 20/1/2021 07:46

All looks to be going well. No shocks, cash slightly up, no debt and pipeline healthy. They are fully open and we should see the stock trade in the coming months at pre COVID-19 levels IMO.

[oapknob1] 20/1/2021 07:16

Trading updateBalance SheetThe Group has maintained a strong cash position, leaving us well placed to manage lockdowns and to continue to support the business. Average month-end cash for the six months ended 31 December 2020 was GBP158m (six months to 30 June 2020: GBP141m). The Group has a PPP asset portfolio, no debt and its period-end cash at 31 December 2020 was GBP209m (30 June 2020: GBP197m).Order Book and OutlookWe continue to see a strong pipeline of opportunities in our core sectors and in line with our disciplined approach to risk management and contract selection. Our strong position in the public and regulated sectors positions the Group well to benefit from increasing Government construction and infrastructure spending. At 31 December 2020 the Group had a high-quality order book of GBP3.3bn (H1 2020: GBP3.2bn), benefitting from recent contract awards which align to our strategic focus. Notable awards include Thames Water's GBP590m AMP 7 framework, our appointment to the GBP10.5bn NHS Shared Business Services framework and our appointment to the GBP2.1bn Construction West Midlands framework.

[susiebe] 07/1/2021 16:41

Odds on imoGreat looking chartInitially bought in at 139p,but have averaged down.Always felt confident here

[blackbear] 07/1/2021 16:01

300p target on this one.

[kanwar] 23/12/2020 14:53

Go on Girl...

[spudders] 21/12/2020 13:49

I read on the CE, GFRD have been named by NHS procurement chiefs for public sector projects 15-35 M 👍🏻

[buying] 18/12/2020 10:45

It wants to go up

[ammu12] 17/12/2020 13:11

https://twitter.com/voxmarkets/status/1339507281579413505?s=21

[kanwar] 16/12/2020 14:28

1.25 by year end?

[bookbroker] 03/12/2020 21:10

Needs to close gap much lower to be confident of a sustained rise, that applies to half the stocks in the indices, this vaccine hype is providing a false belief the coronavirus saga is over. This is far from the reality, there are going to be all sorts of delays down the line, just like Crossrail!

[gbh2] 03/12/2020 18:57

Mine too kanwar, by a long way!

[kanwar] 03/12/2020 16:04

Worst performing stock in my portfolio at the moment...

[kanwar] 03/12/2020 15:32

We have Lift Off!!