Jarlway Share Discussion Threads

[james 2] 21/9/2006 08:58

Havn't looked at either for a while, will take a look thanks. (ISD has a low PE)

[sharegod] 20/9/2006 17:12

oh and CSB have fallen below NAV probably on thai coup news should come back up though.

[sharegod] 20/9/2006 17:10

IDN at the mo far too cheap and all the muppets have left. Gartmore building a position as well .30% upside by christmas guarenteed imo.

[james 2] 20/9/2006 17:04

Can't disagree about the balance sheet. What you got on your radar ?

[sharegod] 20/9/2006 16:50

Had a quick look at them but didnt really like the balance sheet. I can see how there might be increasing demand for concrete pumps in china but not for research analysts in the usa.

[james 2] 20/9/2006 16:36

Try IIR for a patient turnaround bet, I have a few so am biased but believe they are now [finally] in a position to turn things around.

Won't happen overnight mind.

Good to see these rising on fairly low volume, they seem to be on top of 'things' now following last years warning, if they match H1 or better we should see the 30p easily imo.

[sharegod] 20/9/2006 16:29

It was always one for the patient after the profits warning a few months after going public.Wish i could find a few more dormant undervalued stocks like this.

[james 2] 19/9/2006 21:28

PBT for 6 mths £435k, Net assets & Cash generative with a pi$$y mkt cap...I must have missed something ?

[james 2] 19/9/2006 21:19

Should be that now imo but happily wait a year [6 months would be nicer though!].

rgds

[sharegod] 19/9/2006 18:33

yup seems very cheap.30p in 12mths imho.guaranteed

[james 2] 19/9/2006 14:07

With modest growth & meeting their forecast reduction in overhead, could be easily looking at a FY PBT of approx 1 million versus a current Mkt cap of 4.4 million.

Still looks very cheap imo.

[james 2] 19/9/2006 11:13

Bought a few this am as looks pretty cheap imo. Decent profit & bsheet for such a small Mkt cap.

[sheeneqa] 19/9/2006 10:46

Jarlway H1 profits fall to 435,000 stg from 578,000 on higher costs, provisions
LONDON (AFX) - Jarlway Holdings PLC, which makes equipment for the
construction industry, unveiled a fall in profits for the six months to June 30
as higher costs and provisions outweighed a sharp rise in sales.
The group, which is heavily involved in the Chinese market, said pretax
profits fell to 435,000 stg from 578,000 stg a year earlier despite a 40 pct
jump in sales to 3.6 mln stg.
Jarlway blamed "higher overheads, reflecting an increased spend on sales and
marketing, ongoing costs associated with the AIM Listing and a further increase
in bad debt provisions" for the fall in profits.
Gross margins slipped slightly to 38 pct from 40 pct.
Looking ahead, the company is forecasting a reduction in costs in the second
half and reiterated the board is "very positive about current trading and
believes the company is on course to deliver a considerably improved performance
in the current year."
[e-mail]
cw

COPYRIGHT

[lqs] 15/8/2006 15:03

Wonder what Hichens Harrison's price target is

[macca28] 15/8/2006 11:21

UK smallcap opening - Jarlway makes fresh progress ahead of tomorrow's AGM
AFX
LONDON (AFX) - Jarlway Holdings continued to make headway, adding 3/4 more to 14-1/2 on the back of yesterday's Hichens Harrison's 'buy' recommendation and ahead of tomorrow's AGM.

Hichens' Jeremy Chantry reckons the stock has room for improvement. It has new business relating to railway infrastructure and trading has become easier.

Rivals in China are trading at considerably higher earnings multiples, he pointed out.

[e-mail]

[flashheart] 15/8/2006 08:36

Up considerably again today. Something must be afoot (and we're not talking 12 inches).

[macca28] 14/8/2006 15:08

well it won't take much to start a hike as they dont have a multitude of shares in issue,

[flashheart] 14/8/2006 10:55

There also appear to be a few chunky buys (by recent standards) and it seems to move well on little volume. Not much stock in circulation?

[flashheart] 14/8/2006 10:53

No idea but not complaining. Could be the turnaround in share price Even though it has had a challenging period it still is cash generative, profit making, explosive growth area and a current miserly market cap in relation to turnover/profits.

[lqs] 14/8/2006 09:45

why is this going up today??

[flashheart] 03/8/2006 20:25

Could be time to get back in!

[macca28] 28/6/2006 20:25

Dibbs: i got out myself a while back also,

[dibbs] 28/6/2006 20:21

Macca,

I had a few of these and held high hopes, but sold up a while ago as the company seemed to be struggling despite a construction boom.

With hindsight the float struggled to get away and as a result the free float is very small and liquidity is virtually non existent. I was worried also that if the liquidity did not improve the company may delist. The comment in the last results pasted below worries me, considering we have had a bull market with plenty of money flowing into the market.

"Limited access to fresh capital has tempered expansion plans"

If they do raise money then it will surely be at a low price as investors seem reluctant at the moment.

Flash, I agree with you thoughts above. With some good news this will move quickly, the small free float won't seem so bad then!

The rewards IMO are big but risks are also. I shall continue to watch.

Good luck to those holding.

Dibbs.