Hill & Smith Share Discussion Threads

[rimau1] 16/11/2022 13:16:28

Never heard of wealth oracle and the comment about valuation at 13x being unhelpful is utter rubbish. HILS historically trades on 15x because of the defensive nature of the earnings so to the unbiased market commentator this is still cheap.

[kalai1] 16/11/2022 12:27:21

Hill & Smith Plc issued a positive trading update for the 4-month period to 31 October 2022 this morning. Trading has been robust, the full year outlook is expected to be ahead of expectations. Underlying FY22 operating profit is now expected to be above £89.7m, the top of current analyst expectations, suggesting growth of close to 60%. Revenue from continuing operations is 18% ahead of the prior year. And management expect to make further progress in FY23. The balance sheet is solid and the Group has just agreed a new syndicated revolving credit facility of £250m. Valuation looks a little unhelpful with forward PE ratio at 13.0x, but there is scope for positive EPS surprises following today’s release. The share price also lacks positive momentum for now. HILS is a solid and growing business, but the share is one to monitor for now...
.from WealthOracle

[philanderer] 16/11/2022 10:02:21

Very good . And the sellers now come in .



"...Based on the good trading performance to date and a foreign exchange tailwind, we now expect full year operating profit from continuing operations to be ahead of the top end of current analyst consensus^. The Group expects to see a material improvement in cash generation during H2 2022."

[suetballs] 16/11/2022 08:06:52

Yes - very impressive.
Suet

[rimau1] 16/11/2022 08:01:50

Wow that TU couldn’t have been better, all divisions firing. We should fly today.

[philanderer] 14/11/2022 10:22:50

Investec raises Hill & Smith to 'buy' ('hold') - target 1,300 (1,400) pence

[philanderer] 14/11/2022 10:15:07

Trading update wednesday

[philanderer] 04/11/2022 23:47:48

Hill & Smith PLC - Solihull, England-based infrastructure company

- Changes name from Hill & Smith Holdings to just Hill & Smith. It comes after the proposal was approved at the annual general meeting on May 24. Says the name change has now taken effect and the London Stock Exchange will be updated to reflect this in due course.

[philanderer] 05/10/2022 13:58:31

Yes, much needed :-)

National Signal..




Widnes Galvanising..

[suetballs] 05/10/2022 09:47:21

Yep - apart from the share price looking rosy.
Suet

[rimau1] 05/10/2022 08:33:35

Sneaky Trading Update added at the end of the acquisition RNS, all good confirming likely outperformance from FX. Glad to see any material acquisitions are US based.

[rimau1] 28/9/2022 10:21:36

Where is support under 900 Philanderer?

[rimau1] 27/9/2022 15:50:42

I’ve joined here at 907. I like the defensive nature of the earnings and according to my notes 40% of revenue is USD based which should guarantee an overall outperformance for the full year. High quality operation IMO.

[philanderer] 26/9/2022 11:01:07

900p now the next chart support then it's waaaaay down.

[mwainw1973] 08/9/2022 20:11:56

Congratulations Unite, just made it even harder for the business to keep people employed. Greed simply as

[philanderer] 08/9/2022 14:13:24

Although they are legally separate entities, the firms share the same premises and have the same parent company, Hill & Smith Holdings

'Workers at two construction supply companies secure 9% pay increase and suspend planned strike action'

[suetballs] 02/9/2022 12:52:28

My hat wasn't very tasty!
The market is pants atm.
Suet

[philanderer] 01/9/2022 17:37:52

Smashed to pieces like all my portfolio today

[philanderer] 31/8/2022 12:07:28

Jefferies cuts Hill & Smith price target to 1,400 (1,620) pence - 'buy'

[philanderer] 25/8/2022 15:07:50

Agree sb.

I added a few this morning.

[suetballs] 25/8/2022 14:25:48

A bit better today.
If this goes sub £10 - I'll eat my hat!!!
Suet

[philanderer] 24/8/2022 16:45:14

Back to the initial covid sell-off. Chart support 972p then a serious fall beckons.

[philanderer] 05/8/2022 19:36:03

Workers at a North East company are to strike for thirteen days in a pay row.

The Unite union says there are further talks planned later today and it is not too late for management at Birtley Group and Bowater Doors to make a "realistic" pay offer, while a spokesperson for the management team told us today "negotiations are ongoing with Unite", but the strike looks set to hit supplies for customers such as Redrow, Bovis, Persimmon, Crest Nicholson and Countryside Properties.

The 124 members of Unite, the UK’s leading union, are spread across the two companies which share the same premises and are both part of the same parent company Hill & Smith Holdings PLC.

Northern Echo

[ric0chet] 04/8/2022 08:36:37

after the march earnings stock rocketed to over £15. Let's hope the share price has hit the lows and starts its way back up

[redartbmud] 04/8/2022 08:30:23

phil

Great purchase.
I had my finger on a buy, just below £11.60. i cannot explain why I didn't push the button.
Senior moment of brain fade.

red