Hill & Smith Share Discussion Threads

[disc0dave45] 25/11/2021 15:44:34

Taking a pragmatic view - this peaked around £15 during their 2019FY when earnings were on a par with forecast earnings this FY. So had it got ahead of itself?.
Next FY eps is forecast to grow by about 8% or so, let’s be generous with Biden’s infra bill starting to feed through (although Jeffries reckon that won’t impact income streams until FY23), but let’s call it +12%. That’s still only circa £17.
Perhaps the market was expecting a beat to justify a PE in the low / mid twenties?. Also a bit baffled though, haven’t bought in yet.

[dave129] 25/11/2021 13:39:02

Makes you wonder what would have happened if they'd been trailing an earnings miss...

Can't see anything wrong with this announcement, does not compute.

[philanderer] 25/11/2021 12:05:01

Spot on Suet.

[philanderer] 25/11/2021 11:44:56

-8% and no sign of turning . Don't get it at all.

[disc0dave45] 25/11/2021 11:32:38

In line and passing on increased supplier costs to customers and bump.....take advantage of this lunacy IMO.

[philanderer] 25/11/2021 10:58:42

Well I've read it three times now and it seems pretty well faultless.


ADVFN market report:

"...Hill & Smith lost ground even as it said it expects annual profit to meet market expectations after "robust" trading in the previous four months".

[suetballs] 25/11/2021 10:45:10

As soon as you mention supply chain headwinds - bash!!!!
Plus we have had a good run recently.
Suet

[bothdavis] 25/11/2021 10:40:40

Not a dot.com business making a loss on a sky high valuation!!

[philanderer] 25/11/2021 10:33:51

What the hell was wrong with that update ?

[philanderer] 15/11/2021 23:50:35

Biden signs $1.2tn bipartisan infrastructure bill into law

[philanderer] 15/11/2021 11:57:53

Trading update on 25th november.

[johnrxx99] 15/11/2021 08:27:59

A nice quiet Naked Trader buy for once

[philanderer] 30/10/2021 00:06:29

nerja, thanks.

[nerja] 29/10/2021 15:51:39

Interactive investors winter list,

Lio, Safe, Xpp, Hlma, Adm, Synt, SXs, Hils,

It’s performed very well over the last 8 winters

[philanderer] 14/10/2021 00:08:18

Case Study: Desert Project Provides Cost Savings For Contractor & State

[philanderer] 11/10/2021 10:26:57

Solihull-based Hill & Smith has sold its urban driving environment division, Variable Message Signs (VMA), to Manchester-based Pilot Group.

The deal sees Pilot Group strengthen its traffic control systems portfolio and enhance its offering of smart traffic control solutions.

VMS’ Urban division supplies a range of industry leading LED light technology solutions, in fixed and mobile configurations.

[philanderer] 02/10/2021 11:41:40

Gridlocked..


'Biden insists stalled $1tn infrastructure bill will get done'

[philanderer] 25/8/2021 01:05:11

CNBC


House Democrats clear path toward passing $3.5 trillion budget bill and infrastructure plan after breaking stalemate


The House voted to approve a $3.5 trillion budget resolution, advance a bipartisan infrastructure bill and move forward with sweeping voting rights legislation.

After centrists threatened to derail Democrats’ economic agenda by pushing for swift approval of the Senate-passed infrastructure plan, party leaders pledged to vote on it by Sept. 27.

[philanderer] 12/8/2021 11:36:30

Peel Hunt predicts rerating at Hill & Smith


Hill & Smith (HILS) is in ‘excellent shape’ and the specialist barrier manufacturer is due for a rerating, says Peel Hunt.

Analyst Henry Carver reiterated his ‘buy’ recommendation and target price of £19.50 on the stock, which surged 9%, or 150p, to £18.12 yesterday after reporting a 72% jump in pre-tax profits in the first six months of the year.

‘We think the business is looking in excellent shape as we emerge from the pandemic,’ he said.

‘Its end markets are strengthening, and we see an encouraging outlook for both organic growth and acquisitions even before the US infrastructure bill in the US starts to filter through to forecasts.’

He said the prospects for ‘long-term, reliable growth’ coupled with ‘consistent deliver’ means Hill & Smith will rerate and ‘start being compared to some of the other successful compounders in the sector’.

[philanderer] 12/8/2021 10:59:38

JEFFERIES RAISES HILL & SMITH PRICE TARGET TO 2,080 (1,750) PENCE - 'BUY'

BERENBERG RAISES HILL & SMITH PRICE TARGET TO 1,995 (1,775) PENCE - 'BUY'

[philanderer] 11/8/2021 21:25:07

Hill & Smith well positioned for Biden's green infrastructure bill

[gco1133a] 11/8/2021 16:30:56

Yes fantastic, great day with this and FOUR.