Share Name Share Symbol Market Type Share ISIN Share Description
Goodwin Plc LSE:GDWN London Ordinary Share GB0003781050 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  35.00 1.03% 3,430.00 3,320.00 3,480.00 3,430.00 3,430.00 3,430.00 41,121 16:35:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 131.2 16.5 167.8 20.4 264

Goodwin Share Discussion Threads

Showing 1551 to 1573 of 1600 messages
Chat Pages: 64  63  62  61  60  59  58  57  56  55  54  53  Older
Just topped up further after skimming the AR - just released, during market hours! From page 8, "Business Diversity and Performance". Two observations + one conclusion: 1. Refractory performance was similar to previous year due to covid, rather than outperforming - i.e. expect say £8m or £9m (or more?) in a "normal" year 2. Future percentage split - and I believe they are talking operating profit here - is expected to be 65:35 in favour of Mech Eng. My conclusion is that "normal" / future operating profit is seen as £23-26m (or even more if you expect more from Refractory) Any comments? Have I missed something? [Edit: Other than the £2m central costs - see next post] Rhomboid or others, what level of profits do you expect in the future?
Hi bottomfisher I’ve held Goodwin for years..off & on but am now at the largest % weight in my portfolio ever because I’m convinced that the business is on a major upswing...not least because of the input of the younger generation of Goodwins...I’ve no doubt at all that the margins will bounce back & then some over the next 6 mths...CV19 & 2 casting contract disputes have suppressed but only temporarily imho..here’s a summary I wrote elsewhere post results in case it is of any interest; - The key aspect of these results is alluded to within the text of the Chairman’s remarks on numerous occasions. It is that the company has gone through a transformational period during which it has significantly increased and broadened its capabilities in order to reduce its historic dependence on the oil and gas and petrochemical industries - It has taken some five or six years to reach an inflection point where the new business sectors are contributing orders on an unprecedented scale that more than offset the challenging conditions in oil and gas and petrochemicals. The key technological change underlying this broadening of capabilities is the ability to cast components vastly larger than they they have historically been able to undertake, this means they cast weights of up to 35 tons compared to say Castings plc (who coincidentally also reported today..but in considerably more downbeat fashion ) who typically cast weights of between 10 and 40 kg. - The advantage of larger components is simply that they are technically more challenging and require very high-level metallurgical expertise possessed by very few competitors worldwide. As a result margins are typically higher and the level of design input by Goodwin is far greater and the limited range of competition is perhaps only four or five companies globally. - The key advantage that Goodwin have is that they are fully integrated, by which I mean they start from the design collaboration, then the production of the complex casting, in some cases using patented Goodwin alloys that have very specific in use characteristics, then x-ray in their own recently installed underground x-ray chamber, then validate using Lloyds register or similar who are represented on site, then they machine the castings of up to 35 tons at their sister company ..Goodwin engineering ..to the ultimate finished component that is then utilised in typically mission-critical environments. - For Goodwin the growth in order book is taking place in nuclear&defence, major multi year programmes ..that is vastly improving the quality of their earnings and the visibility thereof, only a fraction of this 2% is in current workload figure quoted - Finally I would add that refractory products are virtually half the business and do not feature in the order bank at all, this part of the business has benefited considerably in recent years after the global number one competitor went out of business 2 yrs ago, they have global leadership as a result & again are fully integrated including a patented new silica free offering - I’d suggest 14% turnover growth..& a record order book in the year of a pandemic are pretty good signs that future performance will reflect the scale of the physical changes that the have taken place throughout the business In short Goodwin (LON:GDWN) has been transformed..but the transformation has been all but obscured to an extent by the decline in O&G ..but that’s s definitely coming to an end I like it a lot ..a truly remarkable business
Don't like to hear about Goodwin being in dispute with with its customers over two contracts. It raises a small question mark over whether Goodwin's young new top management team is being tempted to chase growth in revenues at the expense of margins and profits.
The vast majority of the reduction in profitability was within the ME division which I'd put down to the 2 contracts within Castings in dispute (possible profit to be booked this year) and the margin squeeze in the O&G sector.
Revenue was up and considerably so. Profitability and margins however were down considerably, and I fail to find a good explanation on this in the report. Does anyone have a clear view on this? It seems to have something to do with the changing mix of business, but in how far is this something permanent or not?
Good set of numbers for year to 30th April 2020. Happy to have solid dividend proposed. Like the statement; strong cash flow generation, gearing slightly reduced- everybody hard at work; new supply deal signed; record order book before this. Well done Goodwins!
This should keep the share price back up for some time now. Have bought four rimes over the last few months. Now up 36%. I have it as a long term hold.
wonder if the order is for the UK or abroad?
I wonder if the fridays move has a link. Id not like thst leaky stuff here
Excellent news this morning.... Friday's "shrewd" buying well justified me thinks!!!
It is a great company- good to see people getting on with looking after their customers, team and shareholders rather than just talking about it.
Great to see they're doing well in this environment and 14% rise so far today. A great company. "... its UK companies have remained open for business since the start of the pandemic, The overseas operations ... remaining operational. There are currently no Goodwin Group companies closed for business." Suet, I remember The Place and still support Stoke City (for my sins). Still miss the oatcakes and smuggle some in when I can.
excellent update this morning.....
I'm hoping they make one sometime this month alongside a trading statement. Shareholders should be advised of Covid 19 impact especially given the Group's varied international operations.
norbert colon
No official news RE impact of COVID-19 yet. Family run companies often don't make announcements unless absolutely necessary.
All, I am slightly concerned why we haven't had any company updates re: impact of coronavirus. Have I missed something? Should I be concerned?
I can't speak from any knowledge of price yet I am a long term shareholder and visited Stoke on Trent to have a look around. Very impressive, sensible people. I am confident they will do their best in the current challenging environment which ultimately is all we can ask.
Up 10% today despite the oil price going nowhere. Would have been a good buy at 1900. I'm from Newcastle-U-Lyme so also want them to do well.
Coming from Stoke-on-Trent these have been on my radar for a long while. At this price I am tempted. Suet
The pertinent question is not "not all bets will pay off" but 'will any of these bets pay off?' The times they are a'changin. Is there a future for oil and gas exploration ?
Skanjete, it is important to have a decent spread of bets in the oil and gas sector as not all bets will pay off. However the dramatic winners should outweigh the losses. I hold CHAR, I3E, IOG, HUR, CLNR, ENQ and RRE all paid for from the profits made in SQZ. But just to stress these are trading stocks and I will trade out the positions into strength on drilling or farm-in success. These stocks can be extremely volatile so you have to buy near their lowpoints and sell when others are getting excited. This type of investing is almost diametrically opposite from holding GDWN for 20 years which I did before. But please do your own research and don't invest more than you can afford to lose.
Hi Kinwah, Do you have any suggestions to look at in the oil & gas sector? Thanks!
3800, I am not too keen on building back my position but I'd look at it again around £22 or so. My last purchase was a couple of years ago at £17 and I exited totally earlier this year at around £32 average. GDWN is a quality company but I don't see a driver for substantial outperformance. In addition there are too many trading opportunities in the oil sector for me to tie money up in a family engineering company like GDWN.
Chat Pages: 64  63  62  61  60  59  58  57  56  55  54  53  Older
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