Hill & Smith Share Discussion Threads

[shuisky] 22/9/2003 13:45

right here

[hvs] 22/9/2003 00:01

Where is everyone ????

[hvs] 12/9/2003 22:39

Its too too early sell.

You aint seen nothing yet on these.

Nice divi compared to your old building society and growing business.

One to forget about for another couple of years and 50% gain on the cards.

[wipo1] 11/9/2003 00:07

DiogenesJ -

Good point mate, certainly the market is in the same opinion looking at the price today, nothing really exciting from HILS. I am holding on at the mo, any further weakness and I might move me funds elsewhere.

[shuisky] 11/9/2003 00:07

...but only because steel & raw material prices rose. End markets remain strong. So you need to take a view on whether hot rolled steel will start to fall. US Gov action had an effect here, but according to most industry sources steel prices are due to come down.

Dividend increase a disappointment. Current trading remains steady. Interest cover is 3.6 times, and debt has been restructured.

Make your own call- a lot of weak sellers are being flushed out. I think results are ok. Holding.

[diogenesj] 10/9/2003 15:10

Well, I've done much the same, Wirral: sold some, still holding some.

[wirralowl] 10/9/2003 14:54

Recovering a bit now. I've banked some profits, but am holding the rest L/T with the terminal 5 contract and the anticipated increase in the lampost business still to benefit the coming years. Margins are squeezed but raw material prices are not under their control, and presumably present contracts are already fixed. However, should this situation continue, I'm sure HILS management will pass on the hiked raw material costs in any new contracts - so margins should recover even if steel prices stay high. Also, the headline EPS is adversely affected by the exceptional items of Wombwell and the pension deficit, so EPS excluding exceptionals for the year should still near 12p - not that bad IMHO.

[wipo1] 10/9/2003 13:17

I think there is definately something the market does not like, down 12.5p - definately looks more than trying to flush out sellers.

[diogenesj] 10/9/2003 11:59

Rather disappointing results, I'd say: large increase in turnover, but margins down, gearing up to 130%. They're running harder to stay in the same place. No better than a hold now imo.

[shuisky] 10/9/2003 11:42

Results are ok. Turnover growth strong, but hit by rising steel (caused by US Gov action) & raw matrial costs. According to sources, steel prices look like there headed for a fall with stronger aggregate demand coming through...

www.meps.co.uk

[savogi] 10/9/2003 11:30

I thought the result was ok,i am holding too.

[wipo1] 10/9/2003 09:42

Anyone any thoughts on results? Look ok to me, but exceptional items have brought down pre-tax and eps.Growth might be a bit flat for next year. Market makers seem to have plenty of stock - I am holding for now.

[savogi] 10/9/2003 08:28

Anybody here?

[hvs] 01/9/2003 00:48

Yes , still a very good buy.

Looking to up on Monday before results. They are still very cheap.

[empirestate] 31/8/2003 10:37

plenty more in here, i reckon, must be a good buy pre stats

[hvs] 31/7/2003 11:43

Robbie is laughing all the way to the bank on this. Looks like more to come as well.

[hvs] 28/7/2003 18:34

Well said Curious,

Its all about timing and he seems to have timed it well with HILS.

Good luck to you .

[curious] 28/7/2003 11:06

skyracer.
I don't know about you but I have been making a ton of money from Mr B. In my opinion, his Sunday Times column has barely placed a foot wrong since it started to run a year ago. I followed him into Thus, RTD, Costain, Birse and a bunch of others. Many of his tips are high volume, heavily-traded shares and not very responsive to being manipulated by a columnist buried in the middle of a poorly read section of the Sunday Times.

You should also keep in mind that he holds many of his tips for several weeks or months before selling.

I think we probably both agree that many tipsters are absolute losers. But this chap is very good. He knows his stuff, in my opinion. The hugh growth of his DIY pension since the start of the year proves the point whether we like it or not.

[hvs] 28/7/2003 10:54

Hell Its a rise aint it .Enjoy the ride.

[skyracer] 28/7/2003 09:43

Today is a demonstration of why Mr Burns is kidding himself when he claims his DIY pension is such a success. The 6p gain early this Monday morning is a result of him tipping the share in the ST.

[hvs] 27/7/2003 11:39

hell all holders,

Today,s Sunday Times , Page 6 "MY DIY PENSION" ,

Robbie Burns buys HILS says they can double from these levels.

He surely knows a good thing when he sees one.

[shuisky] 19/7/2003 00:51

Usual 'after the event' genius from the mags, accompanied with the inevitable 'cover my ass' doublespeak at the end.

I suspect the media tips to have brought some weak holders in to HILS, so we have seen the inevitable choppyness as MM's mark up the stock initially, and the weak holders drop out due to either profit-taking or waking up to see MM's have dropped the price 2-3% on no volume.

Will hold until fundamentals change, or it starts looking expensive on a free cash flow yield basis.

[hvs] 18/7/2003 13:06

Hello Shuisky,

Agree with your comments on these media wise areses and their double speak. Hils will definitely show progress .As long as they grow profits which they will they will go up.

My 6-12 month target is £ 1.50 and I am very confident we shall see it.

[singing the blues] 17/7/2003 19:33

Stocks to watch courtesy of Shares Magazine...

Government plans to build and expand roads should boost Hill & Smith Holdings (HILS), a leading maker of the 'highway furniture' used in road-side signs and safety infrastructure.

The shares, at 108p, are at seven-year highs. But they are trading on a prospective price earnings ratio for 2003 of just 10, with the expected dividend 4.3%.

David Larkham, analyst with Arden Partners, says the stock is benefiting from H&S's switch from building products into less cyclical infrastructure provision.

'You could argue the stock is not expensive depending on how much road build comes through, but it is the highest rating they have had for a long time,' Larkham says. 'The shares are running out of oxygen at this level. But on a two or three-year basis, I think you will still make money.'

[hvs] 16/7/2003 19:53

Agree with you Gardener1,

I am very confident the next results will be a cracker. The yield is good as well so all in all will rise further from here.