Galliford Try Share Discussion Threads

[oldmancalling] 06/5/2020 14:42

I maybe this.

30/4/2020

GALLIFORD TRY APPOINTED TO £1.5BN BUILDING FRAMEWORK

Galliford Try, one of the UK's leading construction groups, is pleased to announce that its Building division has secured a place on the £1.5bn YORbuild Major Works Contractors Framework Agreement in the north of England.

YORhub has selected Galliford Try on Lots 1 and 2 of the Framework, which runs for four years and principally comprises general building works.

The Framework serves all public sector bodies and third sector organisations in the Yorkshire and Humber region, Sheffield Local Enterprise Partnership region, Lincolnshire, North East England, Nottinghamshire, Derbyshire and areas of Leicestershire, and has an option to extend for a further period of two years.

Galliford Try is one of eight contractors to be appointed to Lot 1, comprising building works between £10m-£30m, and one of six contractors on Lot 2 for works above £30m.

Bill Hocking, Chief Executive of Galliford Try, commented: "We are delighted to build on our excellent position in the north of England through our appointment to the YORbuild Major Works Contractors Framework Agreement.

We are committed to delivering high-quality buildings for our clients and the community and recognise the vital importance such projects make to the wider economy during these unprecedented times. We look forward to working with our partners, adopting the latest Standard Operating Procedures issued by the Construction Leadership Council."

[susiebe] 06/5/2020 13:36

now increasing the buy price to encourage people to sell??Just my guesses but positive moves for Galliford. Im wondering if theres some contract news in the pipeline now the lockdown is close to being lifted.

[susiebe] 06/5/2020 13:33

mms trying to control the buying as they're running short of stock?

[oldmancalling] 06/5/2020 12:56

Why is the B/S so wide?

[gooner1886] 06/5/2020 08:45

Someone shorted up 0.10% forget who it was, strange to short but it has gone up fair bit from the lows. Great buy this imo

[dandadandan] 06/5/2020 08:42

Someone is shorting. Check out the short tracker.
Strange when you look at the building sector going back to work and GFRD contracts are mainly in the public sector.
Does someone have early inside information?

DDDD.

[gooner1886] 30/4/2020 17:38

SellOff today across the board in the afternoon, its not over ramped at all, this just the start for the new regime

[kneecaps2] 30/4/2020 17:37

Galliford was over ramped and no stock goes up for ever!

[ammu12] 30/4/2020 15:21

Nasty drop What happened ?

[spudders] 30/4/2020 10:30

I’m in Vistry too, along with TW.
Greg Fitzgerald did the offski from GFRD to BVS, well you know the story. I have a lot of faith in Linden Homes. The problem with the building industry is the youth of today just don’t want to graft like us time served operatives, there are a few exceptions. Gen X’s are looking to get out of the building Industry and look for a job easier on the body. The Covid hasn’t helped the situation with more looking at career changes. I could rattle on all day and sound doom and gloom, but I do think Skilled labour shortage will be an issue in the future. I’m happy holding for now all HB’s & Contractors.

[gooner1886] 30/4/2020 09:04

Vistry, galliford! Even costain allNo brainers at these levels for next couple years, costain just wait for the cash raise to be out the road first though.Great sector, especially here 85% public sector guaranteed cash!

[our haven] 30/4/2020 09:01

Spudders If that was your view then why did you not go to Vistry?I am in both and currently having the best of both worlds since the split.

[spudders] 30/4/2020 08:10

Bought in here 2007, I do regret the house build division being offloaded as my hopes were pinned on GFRD becoming a pure house builder and the construction side offloaded. It is what it is, providing the divi is maintained I’ll be happy. Good luck all

[our haven] 30/4/2020 07:56

Another good solid contract win. Hopefully the new company knows all about margins and the past is behind us on that point.

[gooner1886] 30/4/2020 07:51

New setup now though , new ceo, new contracts. Cash in the bank. Bodes willImo

[spudders] 30/4/2020 07:39

Bodes well for the future, providing we start making decent margins !

[gooner1886] 30/4/2020 07:14

These are an absolute steal

[gooner1886] 30/4/2020 07:09

Lovely rns lads!!

[gooner1886] 29/4/2020 18:51

I was in rre before the crash????? lost abit well up now shoukd have brought back in il wait for a pullback

[gooner1886] 29/4/2020 18:50

LolI dont follow many peoples calls i done my research and saw him tweet, if he tweets u deffo atleast listen, he is very educated apparently worth millions i dont know

[ammu12] 29/4/2020 18:50

Sold out of costain but will buy back after the raise. Bought into rre too as I see oilies doing well short term with positive drug results....Have a read about rre another undervalued stock whilst most chasing covid stocks.

[ammu12] 29/4/2020 18:47

I bought in after barons tweet lol

[gooner1886] 29/4/2020 18:26

Haha ammu yes you do! Lets hope we both make money. I was researching all builders im in costain still although i should have sold at 100p and waited for the inevitable cash raise and got back in, still well up!Gfrd, more or less restructured many contracts, cash in the bank zero debt, public sector work, guaranteed cash!!!I was looking to press the finger on the buzzer same day i saw baron investing talk about it said exactly what i thought so i brought in, some broker targets are 500p plus, take with a pinch of salt end of year i can see 3 quidAll bodes well going forward

[dandadandan] 29/4/2020 18:20

The order book for GFRD is over 80% public sector.

Well funded and no likely problem of getting paid.

It looks like the market has overlooked a bargain buy at the moment. Other competitors may experience payment delays from the private sector as a consequence of Covid-19.

Time to sit back and just be patient.



DDDD.

[dandadandan] 29/4/2020 15:09

Gradual movement up today.

I like the look of £3 eventually. That will double my tax free investment.

Vistry (ex Bovis) also looking good, but I think GFRD will gain more through major well funded construction jobs. ( Could it bounce up like Costain did ???).

DDDD.