Grafton Grp.uts Discussion Threads

[chc15] 09/6/2020 08:15

And drops 5 percent next day lol

[chc15] 08/6/2020 09:27

Things looking good, saw some news on tv and the woodies shops are packed out, onwards here.

[chc15] 24/3/2020 15:45

Yeh, mkt seems ok with it, I'm guessing it will stay in this range. Seems the norm to stop the divi.

[zen12] 24/3/2020 15:02

RNS out:Grafton is in a very strong financial position with a robust balance sheet, excellent liquidity and low net debt, excluding IFRS 16 lease liabilities, having started the year in a net cash position. On 23 March 2020, the Group had unrestricted cash of GBP303 million and undrawn committed revolving bank facilities of GBP275 million. No refinancing of debt is due until March 2023. The Group does not have a leverage (net debt/EBITDA) covenant in any of its financing arrangements and its assets are unsecured, both of which provide greater financial flexibility.Grafton is well placed to withstand a period of uncertainty and its current priority is to implement a range of precautionary measures that will preserve its liquidity and ensure it comes through the current period well positioned for growth. These measures include a decision to suspend payment of the second interim dividend for 2019 which was due to be paid on 6 April 2020. This prudent course of action, which the Board believes is in the best interests of the Company and its shareholders, will preserve GBP30 million of cash in the business. The Board recognises the importance of dividends to shareholders and intends to resume payment as soon as it has greater clarity about the impact of Covid-19 on the performance of the Group.

[chc15] 18/3/2020 14:45

If this going bust, wtf!

[chc15] 17/3/2020 16:02

Disturbing fall this..

[chc15] 17/3/2020 10:08

Topped up, crazy fall

[chc15] 16/3/2020 11:56

20% down, is this justified? Going to top up soon

[chc15] 16/3/2020 09:12

Falls here don't make sense

[chc15] 12/3/2020 14:52

Got back in today, small purchase

[chc15] 02/3/2020 12:38

Battered today, thinking of getting back in..any thoughts.

[chc15] 28/2/2020 09:37

That's great, but I don't think the mkt cares atm!

[chc15] 17/10/2019 07:28

Something was up, why the massive rise yesterday, and profits warning today, very odd. I'm out, still made 25% profit though.

[chc15] 16/10/2019 15:12

Good rise, sold a touch..

[texaspete2] 11/10/2019 14:58

Retail and builders up a lot in general today on Brexit deal talk, I have my finger on the sell button but value is still good

[chc15] 11/10/2019 13:51

Boom, what happened today?

[chc15] 30/8/2019 07:16

Good results, mkt likes them, hopefully this will now increase and stabilise, then after brexit should fly ahead.

[chc15] 19/8/2019 20:12

Good day, uk plc totally undervalued atm, look at GNK today.. Could this be next.. Im adding to UK value funds now, tb wise multi asset income and temple bar it.

[chc15] 14/8/2019 18:16

Another silly day. I've been topping up today via the Temple Bar IT, has large exposure to Grafton. Will be adding to this daily until things settle..

[texaspete2] 13/8/2019 15:10

Same here. In now at 695p. Impossible to catch the bottom and impossible to sell at the top I find