Hill & Smith Share Discussion Threads

[philanderer] 12/3/2024 00:48:37

Results in the morning

[philanderer] 02/2/2024 13:57:22

JP Morgan over 5%

[philanderer] 01/2/2024 00:24:40

Safety barrier maker Hill & Smith received a vote of confidence from analysts at Jefferies who urged clients to buy, as they believe it can rise even higher.

The investment bank said the group is doing its best to capitalise on the ‘generational infrastructure investments’ in the US, such as the Inflation Reduction Act, which should drive growth over the next few years. Shares rose 1.3 per cent, or 24p, to 1874 p.


Mail market report

[philanderer] 05/1/2024 15:22:14

And dividend paid into the account today :-)

[philanderer] 04/1/2024 14:00:26

Nope , heading south again. Little volume though.

[philanderer] 03/1/2024 23:57:06

Bit of a shocker today . Let's see if it bounces back in the morning.

[don carter] 24/12/2023 11:51:37

No worries here, GLA.

[suetballs] 30/11/2023 17:06:59

Yep we've had a very good run.
So no complaints from me.
Suet

[eigthwonder] 30/11/2023 16:50:05

or just the old "travel and arrive" syndrome

[philanderer] 30/11/2023 16:28:07

Not gone down too well by the look of it ;-)

[philanderer] 30/11/2023 00:25:52

Investor Seminar thursday

[philanderer] 29/11/2023 13:43:26

xd tomorrow morning for the 15p dividend

[redartbmud] 17/11/2023 14:08:36

Continuing the policy.

When quizzed at the AGM before last, they said that acquisitions would be concentrated in the US and indicated the sort of amounts that they would be prepared to pay.

They are trying to build a business sector, the Creative Composites Group.
The purchase will... "further accelerate our strategy in this exciting and growing market, expanding our customer base and product range, while also providing additional manufacturing capability and purchasing synergies."

It makes a lot of sense, especially as it is "expected to be earnings enhancing to the Group in 2024." That should mitigate any risk. Gaving Hiks behind them should certainly accelerate things.

All positive.

red

[philanderer] 17/11/2023 13:57:52

Hill & Smith expects the purchase to be earnings-enhancing next year.

‘Hill & Smith’s recent acquisitions have performed well (three of the four ahead of expectations) and we expect the market will welcome this well-timed/priced transaction,’ analysts at Jefferies commented.

[philanderer] 17/11/2023 10:52:48

Nice acquisition announced..

United Fiberglass, located in Springfield, Ohio, is a designer, manufacturer and supplier of composite pipe, conduit, and bridge drain infrastructure systems. Its products, with a combination of high strength, lightweight and resistance to corrosion can be found in a wide range of application environments, above and below ground, including those serving utility, infrastructure, transportation and industrial markets across the US.

[philanderer] 15/11/2023 14:39:50

Berenberg raises Hill & Smith price target to 2,100 (2,000) pence - 'buy'

HSBC raises Hill & Smith price target to 2,055 (1,955) pence - 'buy'

[don carter] 14/11/2023 13:49:40

Touched 18 this morning: I can see this going to £20 by spring.

[philanderer] 14/11/2023 11:31:44

Happy to hold.

"....Given the good trading performance, we now expect FY23 operating profit to be slightly ahead of the top end of current analyst consensus and to start FY24 with positive momentum."

[philanderer] 13/11/2023 14:17:32

Trading update tuesday.

[philanderer] 12/10/2023 10:59:57

Jefferies raises Hill & Smith price target to 1,910 (1,770) pence - 'buy'

[philanderer] 28/9/2023 19:24:11

Exec Chair buying a few

9,000 @ 16.63275778

[philanderer] 15/9/2023 14:08:44

Up on good volume today , almost 200k shares traded so far.

[philanderer] 05/9/2023 00:07:28

UK construction tough but buying opportunities exist, says Berenberg


Berenberg highlighted six key 'buys' among UK-listed construction stocks:

Berkeley (5,100 target price) on the strength of its order book, forward sales position and cash generation approach;

Grafton (1,050p target price) on its capital allocation and investment opportunities across Europe;

Genuit (400p target price) due to the growing demand for sustainable construction products;

Howden (870p target price) with its expanding depot network, improving distribution and international potential;

Volution (500p target price) with regulatory developments expected to drive demand for its energy-efficient ventilation products;

and Hill & Smith (2,000 target price) on its potential to expand its North American operations.



sharecast.com

[philanderer] 18/8/2023 13:29:16

The Times (Tempus share tips): BUY Johnson Matthey; HOLD Hill & Smith

[redartbmud] 15/8/2023 08:31:49

phil

I listened to the PI World presentation.

Given that they lost a new CEO, in quick order, because he didn't quite fit, and the fact that the Chairman has stepped up to the plate until the right person is found, the business is in very good health.
That is no surprise.
The presentation is a textbook example of how to run a company, and proof that it isn't a one man band.
They impemented a lomg term policy for te development and growth of the business that is now paying off in spades.

I was impressed when I met the CEO when she was appointed and I also spoke at length to the chairman at the AGM. I cam away extremely satisfied that the comapny is in good hands, and for once the NED's are doing their job. The latter cannot be said for the vast majority of quoted businesses, where I do not see any positive influence or input emamanting from that quarter.

The company is in a very good position to move forward.

red