Hill & Smith Share Discussion Threads

[losses] 08/1/2025 18:21

Added a few more today below 1800

[losses] 07/1/2025 16:17

Good move to sell out in the morning.

[philanderer] 07/1/2025 15:26

Just fed up with it. Dead flat for 2024 and looking to break down through that 180p support.

The announcement that the CFO was leaving finally made my mind up.

Looking to liquidate a lot of my uk holdings and this was a prime candidate.

[losses] 07/1/2025 14:29

Did your stop loss kick in? When you getting back in, what price?

[philanderer] 07/1/2025 12:49

Sold out this morning.

Luck to all holders.

[losses] 07/1/2025 08:24

Added some at these levels 1830s

[timmy40] 06/1/2025 22:26

Got to be worth a pint from here

[philanderer] 17/12/2024 00:14

'Hill & Smith Infrastructure Pioneering 200 Years of Safer Roads'

[rollied] 13/12/2024 13:40

Me neither, Suet. Last year's one was an absolute riot!

[suetballs] 12/12/2024 18:06

Wouldn't miss it for the world!
Suet

[philanderer] 12/12/2024 17:50

Hill & Smith Infrastructure to start the new year 2025 exhibiting at the TRB Annual Meeting

[philanderer] 10/12/2024 17:11

HILS for 2024 , + 5% .... and a 2.5% dividend

[cardinal3] 10/12/2024 16:13

suet
if it tanks the share price, no thanks!

[suetballs] 10/12/2024 13:02

Just looked at the 2024 interim results.
US revenue 59%. 77% of operating profit from the US.
Perhaps hils should move to a primary US listing?
Suet

[philanderer] 10/12/2024 10:28

Interesting..


In London, Ashtead gave back 7.5%. The industrial equipment supplier cut its annual outlook and plotted a move to a New York primary listing.

It now guides for group rental revenue growth of 3% to 5% for the full-year, its outlook cut from 5% to 8%. Rental revenue in the half-year to October 31 rose 6%. Overall revenue climbed 2%.

Ashtead believes ‘the US market is the natural long term listing venue’. Shifting its primary listing to the US from London ‘is in the best interests of the business and its stakeholders’. It still plans to keep a UK listing.

‘Today Ashtead is substantially a US business, reporting in US dollars, with almost all the group’s operating profit (98% in FY24) derived from North America, which is also the core growth market for the business. The group’s executive management team and operational headquarters are based in the US and the vast majority of the group’s employees reside in North America,’ Ashtead said

[wad collector] 10/12/2024 09:51

Thanks, not so cheap then!

[tudes100] 10/12/2024 02:51

£139M is PBT not PAT which you need for the EPS calculation. Consensus PAT for FY25 is 101.6m, therefore EPS 127.2p putting them on 16.5x.

[wad collector] 09/12/2024 21:41

Almost as if the brokers are guessing too....

Impressive 2 yr chart , though not so impressive over 5 yrs. I see the FY24 Consensus Profits is £139M and with 80.4M shares that makes EPS £1.73 or a prospective P/E of 12.1
Seems cheap still.

[philanderer] 21/11/2024 10:44

or....


Jefferies raises Hill & Smith price target to 2,540 (2,460) pence - 'buy'

[philanderer] 21/11/2024 10:38

Shore Capital downgrades Hill & Smith


Shore Capital has downgraded Hill & Smith (HILS) after a disappointing revenue update ensured the shares are fairly valued.

Analyst Tom Fraine cut his recommendation from ‘buy’ to ‘hold’ on the specialist barrier manufacturer, which rose 0.7% to £20.95 on Wednesday and is up 13% this year.

An update from the group showed revenue was up 2% in the four-months to the end of October, and profits are expected to come in line with consensus, but Fraine lowered his rating in line with consensus.

‘We downgrade our recommendation from “buy” to “hold”, having previously considered consensus expectations to be conservative,’ he said.

‘With trading in line with full-year 2024, we see the shares as being fairly valued at the current price.’

He said the company was ‘well positioned to benefit from infrastructure spend in the US’ and the conservative margin guidance has supported earnings forecasts ‘but revenue may have disappointed investors in the first half’.

‘The more attractive areas of the business, which we see as being much more important for the future of the group than the underperforming businesses, have continued to be resilient and have a very good record of growth prior to full-year 2024,’ said Fraine.


citywire.com

[miss womble] 20/11/2024 15:27

What’s happened?

[philanderer] 20/11/2024 14:06

Yes, what look like good company results are sometimes getting hammered by the market.