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GFRD Galliford Try Holdings Plc

240.00
-4.00 (-1.64%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Galliford Try Holdings Plc LSE:GFRD London Ordinary Share GB00BKY40Q38 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.00 -1.64% 240.00 239.00 240.00 248.00 239.00 248.00 146,623 16:35:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contr-single-family Home 1.39B 9.1M 0.0886 26.98 245.37M
Galliford Try Holdings Plc is listed in the Gen Contr-single-family Home sector of the London Stock Exchange with ticker GFRD. The last closing price for Galliford Try was 244p. Over the last year, Galliford Try shares have traded in a share price range of 166.00p to 275.00p.

Galliford Try currently has 102,665,051 shares in issue. The market capitalisation of Galliford Try is £245.37 million. Galliford Try has a price to earnings ratio (PE ratio) of 26.98.

Galliford Try Share Discussion Threads

Showing 7126 to 7148 of 7425 messages
Chat Pages: 297  296  295  294  293  292  291  290  289  288  287  286  Older
DateSubjectAuthorDiscuss
10/11/2020
10:40
Think all these Shorters will be running for cover now Marshall Wace LLP 0.58% 24 Sep 2020
Millennium International Management LP 0.00% 18 Sep 2020
Millennium International Management LP 0.92% 17 Sep 2020
Millennium International Management LP 0.78% 16 Sep 2020
Millennium International Management LP 0.82% 15 Sep 2020
Millennium International Management LP 0.76% 14 Sep 2020
Millennium International Management LP 0.64% 10 Sep 2020
Millennium International Management LP 0.53% 8 Sep 2020
Capital Fund Management SA 0.48% 4 Sep 2020
Capital Fund Management SA 0.57% 2 Sep 2020

garycook
06/11/2020
13:08
Yes but only if this contract is profitable the Aberdeen by pass caused a 50M loss approx I accept a chunk of this was because Carrillion went bust.
mark1000
06/11/2020
10:17
Bit of good news for a change
aquaesulis01
05/11/2020
11:03
Micos having lost over 100 million over the last two years (I am excluding the profitable house building division which of course has been moved off into Vistry) and in view of the Coronus virus no divi's declared but rest assured the directors do realise the importance of divi's to shareholders. Please note the Directors have small shareholdings coupled with a long term bonus based in part on maintaining cash balances so do not expect generous dividends as its not in their interest.
mark1000
05/11/2020
10:15
I have a note that GFRD go XD today. Have I missed a previous announcement to cancel?
micos
26/10/2020
12:33
Amt remember the 2% is before central costs which are say 10M on the otherside they make 3M on their 40M of investments. I think its unlikely that they will double turnover quickly the market place is highly competitive you also have to realise CAPEX outside Government business will be cut back as a result of Covid. You also have to make the giant assumption no nasty loss making contracts that is one hell of an assumption as history shows us. I think with great respect 3.50 is pure fantasy at this time.
mark1000
25/10/2020
06:24
It doesn't sound unrealistic to hit 2 billion turnover in a couple of years time with 2% margin target that's 40 million profit. At pe of ten that's 400m or 3.50 share price.
amt
23/10/2020
11:43
Susiebe Good luck with your investment short term you could make money long term the whole industry has to address the suicidal low margins otherwise its more rights issues at best and insolvencies at worse.This week GFRD were chosen as one of nine companies for road schemes for a number of eastern English Councils worth 400M.
Lets hope they stay well clear of Aberdeenshire road schemes.

mark1000
21/10/2020
13:35
Sounds like they're on track to improve their margin,Im a buyer today.
susiebe
21/10/2020
10:23
The bit that only partially copied reads'Pleasingly, we reinstated guidance at the Full Year Results in September'
susiebe
21/10/2020
10:23
Shouldn’t have to be a 2% margin, too little room for error. That is why engineering companies are a no-no, invariably on larger projects cost over-runs occur. They need to be able to operate at a higher net margin.
bookbroker
21/10/2020
10:20
Email received from company this am included this.Haven't had a listen yet.nstated guidance at the Full Year Results in September. I would suggest you listen to the webcast here https://webcasting.brrmedia.co.uk/broadcast/5f3e53a2b14d87262643a355 where you can hear from management on their confidence in achieving our 2% margin target
susiebe
19/10/2020
17:12
Have written to ADVFN to point out that they are reporting an incorrect Mkt Cap on this share should be 110M - 111M shares @ 73.2 p = 81/82 £ Million they are getting on to double this @ 159 M. It will be interesting to see if they ammend it accordingly.
mark1000
16/10/2020
08:53
CC2014 Currently do not hold CTO but have in the last 6 months. With regard to GFRD however I was pleased to see that they have a joint partnership with a Chinese company to build 500 flats in Leeds. This for me was positive then they go and give the directors a long term bonus target through to 2023 partly based on cash balances instead of say 100% EPS.
mark1000
15/10/2020
12:26
We are in the same place then. I have still have a contract note from 2000 showing I sold Galliford at 27.5p, having made what I thought a handsome profit at the time buying sub 20p. Not sure if it had a share split since then?

I sold all my CTO in March for a decent profit having held for about 3-4 years. I missed the top by miles and miles though. I don't see how it will be spared from the construction downturn however good the mangement are. I wonder how many data centres they are actually doing and note they are about 7 years too late entering that market.
Good luck with CTO

cc2014
15/10/2020
11:22
Hi Mark, I'm very familiar with NMCN and I'm not in general disagreement with your general comments. The construction sector is really tough and there's no magic way of making money as there's always a competitor as the barriers to entry are very low.

I suppose I was being picky. NMCN definitely don't work on Thames Water but they do work on Severn Trent and others. It's actually one of the areas in construction where there are a few barriers to entry as you need previous expertise. This is the bit that worries me about GFRD's win in this area. OK, they have previous experience but it's not extensive.

Time will tell. At the moment it's a race to the bottom on margins in this sector as the beast needs to fed. I sold all my construction stocks in Feb/Mar/Apr including NMCN. I shan't be re-entering until we hit the bottom of the cycle which seems now to me to be at least 2 years away.

cc2014
15/10/2020
10:57
CC2014 see their update release today it was work on AMP6 the wins GFRD announced were on AMP7 hence their comments about the transition from AMP6 to AMP7. Please note I am not saying they made losses on their AMP6 work but I am saying it was not as profitable as reported in their earlier accounts. The market place in this sector is highly crowded competitive dog eat dog and race to win business almost regardless of risk v margin.
mark1000
15/10/2020
10:45
hmm. I don't think they work on the Thames Water contract. They do work on a number of others. Happy to be corrected.
cc2014
15/10/2020
10:39
See NMCN share news today overstated profits by 15M their Market Cap today 18M it appears their FD could not add up proper. They are now talking about a 0.5% margin for the rest of the year blimey may be the whole of the industry has signed a suicide pact. Their losses are mainly on the Thames water contracts the predecessors to our recent wins. To invest in this sector you need balls the size of footballs and as for brains the less said about that the better.
mark1000
14/10/2020
16:17
Imatsu the 1.5% before Central costs is from the Company its real I remain gob smacked that they own up to what is a suicidal low target. I have just looked at Vistry targets 24.5% on house building and 10% on Partnerships now thats a business that you can believe in but 1.5% well that has no future once the cash mountain is spent.
mark1000
14/10/2020
07:44
The only thing I can think of with this 1% margin is that it is notional, and includes all costs they can possibly think of, including central overheads, notional future depreciation of capital assets, notional interest costs on their assets etc.

Universities do something similar when it comes to (what they call) Full Economic Costing when pricing research grants. It basically presents a sob story to government and others who want to see their money being spent frugally. All a bit of a game, and all very theoretical.

Because if that isn't the case, targeting a real world 1% operating margin, on a risk-based long term contract, is utterly stupid - they have no hope of making a real return.

imastu pidgitaswell
14/10/2020
07:22
Initial trades suggest that the margin will be above your 1 percent so we will see.
our haven
14/10/2020
07:04
Less than 1%. Any hiccup and it's making losses.....Anyone in the construction industry knows hardly any project goes smoothly and on budget.
ammu12
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