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Share Name Share Symbol Market Type Share ISIN Share Description
Kingspan Group Plc LSE:KGP London Ordinary Share IE0004927939 ORD EUR0.13 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.44 5.8% 62.80 62.40 64.32 63.86 60.64 60.64 130,624 16:35:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 6,497.0 689.0 305.6 20.5 11,380

Kingspan Share Discussion Threads

Showing 126 to 146 of 450 messages
Chat Pages: Latest  6  5  4  3  2  1
DateSubjectAuthorDiscuss
21/7/2008
20:20
goggin, being a born and bred Tyrone man i dont follow those lesser teams.
father o toole
21/7/2008
20:19
look fella

First and foremost this is a bulidings supply company with a mkt cap of 1.2b, it gets more thab 3/4 of its profits from supplying the building industry in the UK and Ireland, that building industry in in a slump, not a slow down but a crash.

I`ll tell you another thing, i follow companies that do buybacks because its a sign that they are in denial, they always crash afterwards, it destroys shareholder value.

Kingspan has 1/3b on its balance sheet as goodwill, thats just nonsense, i have a 2 euro target within 4 months.

father o toole
21/7/2008
20:07
I wouldn't short these any more.

50% of the UK's carbon emissions are due to poor buildings - residential and commercial. The only practical way to correct this internationally embarrasing situation is to invest in high quality insulation materials (ie) polyurethane based insulation boards.

There are reports coming out from BERR that UK Govt. is being advised that they will not hit their targets by only focussing on new build targets...there is an emerging body of scientific and policy opinion now saying that retrofit must happen if fuel poverty / kyoto / emmissions targets to be achieved by the UK.

Just like there can be lots of negative news in the construction materials sector, there can also be some unexpected positives. If the UK Govt. decide to support retrofit insulation then the companies which stand to benefit massively are Kingspan, SIG and Superglass....and what do you know, all three are witnessing share price turnarounds these days....I wonder why.

I am a KGP shareholder for the first time (bought in at €5.88)...I think they are a no brainer long term investment given climate change policies and their leading position in the insulation market.

DYOR before shorting

craffert
21/7/2008
18:38
FO - good for you, i hope they do and it turns into a good trade.
are you a GAA fan - do you follow it? Fermanagh v Armagh

goggin
21/7/2008
16:37
goggin, iam afraid of them puting out a trading update and the shares collapsing while i was waiting for 8e again, its great value being short at this level and if they can manage 8 euros i`ll sell some more.
father o toole
21/7/2008
15:01
Hi FOT
I feel they will just follow the market, currently the drop was very fast therefor i expect the market to recover from last weeks low for app 20 days or 10% ish what ever the time period, hence I see kgp back up to the top of the channel, they might even break through, its not an exact science but then a swift fall into November when we should get to the 2 -3 euro range. I'd personally be weary of shorts just yet in an over sold market, by that I mean the slide was that steep that a pull back was likely generall somewhere after the 7 - 9 week time period.
Good luck but keep an eye on the market as kgp are big enough to follow the market. 10% on the market could = 25 - 50 % on kgp.
at these levels 50% on 5 euro = 7.5 euro so its easly achievable on romour / speculation.

goggin
21/7/2008
13:14
Over 300m euros worth of "goodwill" on the balance sheet. what a shocker
father o toole
21/7/2008
10:56
goggin, do you think they`ll be able to get these back to 8 euros? i`ve reshorted at 7.05, i was looking at their accounts last night and of their 1b mt cap nearly 1 third of it is made up of goodwill.

Also is Anglo their bankers?

father o toole
20/7/2008
08:58
http://www.sbpost.ie/post/pages/p/story.aspx-qqqt=MARKETS-qqqs=themarket-qqqid=34527-qqqx=1.asp
father o toole
18/7/2008
18:05
Please do not misuse the apostrophe.
djderry
18/7/2008
10:44
http://www.examiner.ie/irishexaminer/pages/story.aspx-qqqg=business-qqqm=business-qqqa=business-qqqid=67437-qqqx=1.asp

It has also been speculated that Quinn was big buyer of shares in Eugene Murtagh's Kingspan using CFD's

lbo
17/7/2008
11:10
nice chart goggin
father o toole
17/7/2008
10:15
Will the bounce bring it back to 8 - 9 euros before another sell off, markets are currently over sold and a large bounce is possible - all be it short lived, possibly a 3 week bounce or possibly a 6 week retracement befor further fall in Sept - Nov.

free stock charts from www.advfn.com

goggin
11/7/2008
17:30
buffets getting old?....the older you get the more experience you have in this game.

dont write him off just yet.

lochgarman
07/7/2008
11:15
Share buy backs work great in a bull market, we are in a serious bear market with much further to fall.
Its not that KingSpan is a bad company, quite the reverse but the market is bad and there is no point in fighting the market. KS will be a buy near the bottom but that bottom is much further down in my opinion, it doesn't really matter whether I am wrong or right if you want to hold for 20 years but if you are looking to make big gains in the next 5- forget KS.
We could easily see 2 - 3 euro before a sustained recovery, as i pointed out before, this could well be peppered with sharp blips but that is all they will be - blips.
As for Buffett and Grapham ???
Its like investing in the early 80's, any dart would do, just throw and now with Billions behind him, its a different party.
Just 8 weeks ago, Buffet was saying the worst was over, he is getting old and his biggest mistake will be to try to catch a falling knife and make a big splash before he goes - it would ruin his reputation for ever.
Just think what you would be worth today if you had put a measly £5000 into Apple in 98 - from $1 to app $200 in 10 years - now that is a success story and yet if you bought apple at $180 - $200 do you really think they will do another 20000% yes 20000% again???? i dont think so.
KS have done it about twice and they have had their day - at least for the next 4 - 6 years - mabey then the bull will roar again.

goggin
25/6/2008
20:49
I have always said that buybacks are a great sell signal, this is a good article that explains how they destroy value.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/17/ccfletch117.xml

father o toole
25/6/2008
20:27
I am a keen follower of this stock. The down turn in the housing market and construction industry is hitting the company hard. Yesterday they announced the closure of their south wales plant in Blaneau Gwent: http://news.bbc.co.uk/2/hi/uk_news/wales/7472008.stm

They need to look hard at developing new market opportunities if they are to rebound to previous highs. While I agree this is a quality company I fear it it will stuggle to maintain current price levels and has further to fall in the short term.

blondebombshell
25/6/2008
19:05
I'm not qualified to give advice lochgarman (I think we all know where you're from!) but I'd suggest you order a few back copies of their annual reports.Ireland is only one (though an important ) part of the business.Perhaps take a look at the various stockbroker's research,bearing in mind they make money when you buy and sell shares.I'd also suggest reading,among others,'The Intelligent Investor' and a few of Peter Lynch's books as well.Good luck!
djderry
25/6/2008
11:34
hi djderry......i was always very interested in investing in kingspan....i even contemplated it when the share price was around the 20 euro mark, but didnt as i didnt like the price or the whole scene in the irish construction industry.

but now i am beginning to get more interested in the irish market and also this company. All the fundamentals/financials are excellent...ok, things will be rocky over the next while but, long term this is a great company and will perform very well.

id say we could get shares for 3-4 euro a piece....would be great.

the share buy back is been performed excellently also.

lochgarman
12/6/2008
18:27
Which is about a hundred million euro,give or take a few mill.Every little helps.
djderry
11/6/2008
21:35
Up to 10% of co. to be bought back,immediately earnings enhancing.
djderry
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