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Share Name Share Symbol Market Type Share ISIN Share Description
Polypipe Group Plc LSE:PLP London Ordinary Share GB00BKRC5K31 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  20.00 4.03% 516.00 516.00 518.00 518.00 499.00 501.00 421,720 16:35:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 447.6 60.1 24.9 20.7 1,176

Polypipe Share Discussion Threads

Showing 476 to 499 of 500 messages
Chat Pages: 20  19  18  17  16  15  14  13  12  11  10  9  Older
DateSubjectAuthorDiscuss
17/11/2020
11:46
This is a very quiet board! Anyway, PLP seems to have managed the business well this year. Furthermore in the Capital Markets presentation that finished just now they offered a very attractive vision of the future based on some powerful drivers of structural growth. Having been in since mid 2015 I have increased my holding by 20%.
martindjzz
13/8/2020
12:56
I'm out for now. Luck to holders.
philanderer
12/8/2020
16:37
UK housebuilders are enjoying a positive day, with a sharp surge in construction activity helping improve sentiment," Joshua Mahony, senior market analyst at IG, commented. Barratt Development, Persimmon, Taylor Wimpey advanced 3.4%, 3.3% and 3,2%, respectively. Alliance News
philanderer
06/8/2020
13:11
Construction PMI: New work 'still relatively thin on the ground' Tim Moore, economics director at IHS Markit, says: Construction companies took another stride along the path to recovery in July as a rebound in house building helped to deliver the strongest overall growth across the sector for nearly five years. Civil engineering and commercial activity are also back in expansion, which has been mainly due to the restart of work that had been delayed during the second quarter of 2020. Survey respondents noted a boost to sales from easing lockdown measures across the UK economy and reduced anxiety about starting new projects. However, new work was still relatively thin on the ground, especially outside of residential work, with order book growth much weaker than the rebound in construction output volumes. Concerns about the pipeline of new work across the construction sector and intense pressure on margins go a long way to explain the sharp and accelerated fall in employment numbers reported during July. This shortfall of demand was mirrored by the fastest rise in sub-contractor availability since November 2010 and another decline in hourly rates charged. https://www.dailymail.co.uk/money/markets/article-8599173/BUSINESS-LIVE-Britain-facing-record-economic-slump-BoE-warns.html
philanderer
04/8/2020
13:30
Bang on support, 375p next then down to 315p looking at the chart :-S
philanderer
29/7/2020
08:28
Oh dear, TW.
philanderer
29/7/2020
08:26
29th july Deutsche buy tp 484p cut from 550p
philanderer
28/7/2020
13:56
In equity markets, housebuilders rallied, with Barratt, Berkeley, Persimmon and Taylor Wimpey all higher on the back of a report that UK ministers are drawing up plans to extend the Help to Buy scheme beyond its December deadline to prevent buyers losing out because of coronavirus delays. According to The Times, the government is set to prolong the scheme, which allows people in England to buy a new-build property with only a small deposit. ADVFN market report
philanderer
27/7/2020
11:22
That 400p looks as though it's going to be tested again shortly.
philanderer
21/7/2020
09:01
Down again today.. JEFFERIES CUTS POLYPIPE PRICE TARGET TO 519 (576) PENCE - 'BUY'
philanderer
08/7/2020
11:01
Friendless after that downbeat report yesterday... 400p support being tested now.
philanderer
07/7/2020
23:05
Polypipe to axe 250 jobs as virus causes the Doncaster firm's revenues to plunge HTTPS://www.yorkshirepost.co.uk/business/polypipe-axe-250-jobs-virus-causes-doncaster-firms-revenues-plunge-2905962
philanderer
07/7/2020
16:10
That went down well :-(
philanderer
07/7/2020
11:30
RNS In light of this medium-term outlook, we are taking regrettable but necessary steps to adjust our manning levels and cost base to reflect this level of demand. Unfortunately, it means that we are entering a consultation period with our employees to review these steps, which if actioned in full, will lead to the loss of approximately 250 jobs or 8% of the workforce. It is important to note that there is no planned permanent closure of any facility, which leaves the Group well placed to react to any sustained but unexpected increase in customer demand. ...we are not yet reinstating financial guidance, and this remains under review by the Board for the time being.
philanderer
17/6/2020
23:40
Analysts at Berenberg reiterated their 'hold' rating on plastic piping manufacturer Polypipe on Wednesday, noting that although near-term uncertainty remained, the group was poised to be a "mid-term winner". Berenberg said that after hosting a virtual "fireside chat" with Polypipe chief financial officer Paul James, on 16 June, it felt positive about medium-term structural opportunities presented to the group as it continues its transition into a "one-stop-shop". The German bank said Polypipe's transition should also be aided by its "strong balance sheet" since its £120m equity raise in May but still warned that nearer-term, uncertainty was "high" and said it remained "cautious" on the pace of the recovery in key end-markets. "Management said that the high uncertainty means that it is taking a cautious approach to capex budgets and M&A, with the next two to three months being crucial for how it chooses to proceed," said the analysts. "When assessing this against current valuation, we see better risk/reward elsewhere in the sector," added Berenberg, which kept its 480p target price on the group unchanged. HTTPS://www.sharecast.com/news/broker-recommendations-/broker-tips-polypipe-premier-oil-boohoo--7544418.html
philanderer
17/6/2020
11:52
Berkeley has said the housebuilding and construction industry will need government support, including a simplification of the planning process, if it is to play a leading role in helping the British economy recover from the coronavirus. Rob Perrins, the chief executive of the FTSE 100 housebuilder, said the government would need to intervene to kickstart growth. “Housebuilding and construction can play a vital role in the broader economic recovery following Covid-19,” Perrins said as Berkeley announced its full-year results on Wednesday. HTTPS://www.theguardian.com/business/2020/jun/17/uk-housebuilders-will-need-government-support-says-berkeley-coronavirus
philanderer
09/6/2020
09:03
Berenberg downgrades Polypipe Berenberg has downgraded piping manufacturer Polypipe (POLY) as it believes it will have limited involvement in new infrastructure projects. Analyst Lushanthan Mahendrarajah downgraded his recommendation from ‘buy’ to ‘hold’ and reduced his target price from 520p to 480p. The shares fell 2.1% to 445.5p yesterday. ‘There remains opportunities in UK construction but stock picking is crucial,’ he said. ‘Our preferences lie with those where we see more of a fiscal opportunities via infrastructure, such as Breedon, or regulatory tailwinds, or those names that have underperformed but where we believe end-markets will be relatively more resilient, such as Volution and Travis Perkins.’ HTTPS://citywire.co.uk/funds-insider/news/the-expert-view-astrazeneca-plus500-and-polypipe/a1365741?section=funds-insider&_ga=2.115446405.267598514.1591693106-1130311165.1591693106#i=4
philanderer
08/6/2020
09:49
BERENBERG CUTS POLYPIPE TO 'HOLD' ('BUY') - TARGET 480 (520) PENCE
philanderer
19/5/2020
13:19
Numis upgrades ‘well placed’ Polypipe Numis has upgraded Polypipe (PLP) after its recent equity raise as it believes it can continue to drive outperformance. Analyst Christen Hjorth upgraded his recommendation from ‘add’ to ‘buy’ with a target price of 525p on the shares, which surged 7.6% to 430p yesterday. Hjorth said Polypipe would benefit from a range of long-term drivers such as ‘government focus on water management’ and thanks to the capital raise had an ‘improved balance sheet position’ although there were ‘short-term factors impacting the business’. ‘We conclude that the group is well-placed to drive continued outperformance and represents one of the highest quality companies in our building and construction universe,’ he said. HTTPS://citywire.co.uk/funds-insider/news/the-expert-view-superdry-polypipe-and-compass/a1358398?section=funds-insider&_ga=2.241683654.554871396.1589894234-585446346.1589894234#i=3
philanderer
15/5/2020
23:33
Over 3.2km of Ridgidrain and 1,000 “top hat” chamber base connectors from Polypipe under have been laid under an M4 motorway project in the UK. HTTPS://www.worldhighways.com/index.php/wh10/products/hats-polypipe
philanderer
15/5/2020
08:30
Very out of favour this week
philanderer
07/5/2020
18:14
FWIW Investors Chronicle: Tip Update: Hold at 474p Polypipe (PLP) has been operating at around 70 per cent below normal levels, supplying customers primarily from existing stock. Residual demand has been driven by urgent NHS and healthcare activity, ongoing infrastructure and commercial work and essential repair, maintenance and improvement projects. Excluding lease liabilities, net debt had increased by over a fifth since the December year-end to £184m as at 31 March, attributed to seasonal working capital flows. An additional £50m revolving credit facility brings the total to £350m for the next 12 months. Despite this additional liquidity, the group is looking to raise £120m from an equity placing to avoid breaching its quarterly covenants through to June 2021. Under a “prudent” scenario, the proceeds would reduce peak 2021 net debt from over 6 times cash profits (Ebitda) to 2.5 times – this is versus a covenant limit of 3 times. IC View Polypipe is assuming demand only starts to recover from July, with trading from September and throughout 2021 still 25 per cent lower than 2019 in its larger residential systems business. Move to hold at 474p. Last IC view: Buy, 466p, 17 Mar 2020 HTTPS://www.investorschronicle.co.uk/tips-ideas/2020/05/07/polypipe-looks-to-raise-funds/
philanderer
07/5/2020
17:14
As an investor no one likes to take a dilutive hit from an equity raise but my reading of today's move is that the board have done the right thing to position the business and balance sheet for the recovery. As a long term holder I think pp will emerge well and outperform others in the sector in the years ahead.Getting it away at only c10% discount is I think a decent outcome
baddeal
07/5/2020
15:22
Because they're trading at 20 times earnings ? What a sh1te day .
philanderer
Chat Pages: 20  19  18  17  16  15  14  13  12  11  10  9  Older
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