Polypipe Share Discussion Threads

[johnsoho] 25/10/2018 18:17

Hopefully the share price might now start to slowly recover back to £4.00 ish....who knows, perhaps by Christmas !!!

[philanderer] 25/10/2018 17:51

That's more like it :-)

[robow] 15/8/2018 07:35

Get set for double-digit growth from Polypipe

Piping manufacturer Polypipe (PLP) is benefiting from price increases and volume growth and could deliver double-digit returns, says Numis.

Analyst Christen Hjorth retained his ‘add’ recommendation and target price of 450p on the shares, which rose 6.1% to 376.6p yesterday.

He said the interim results were in line with expectations, trading in the second half had started well, and noted the group remained ‘confident of delivering its full year expectations’.

‘Following a 10% year-to-date decline in Polypipe’s share price, the group now trades on a 2019 price/earnings ratio of 11.9x, dividend yield of 3.4% and free cashflow yield of 8.8%,’ he said.

‘Our medium term analysis, which assumes a flat construction backdrop, suggests that Polypipe could deliver a double-digit compound annual growth rate out to 2022.’

[shaker44] 15/8/2018 07:25

positive write up on citywire

[mfhmfh] 14/8/2018 13:24

Numis today retains 450p target price.

[keyno] 13/8/2018 11:30

Very subdued.

[scooper72] 13/8/2018 09:23

Interims tomorrow

[soundbuy] 17/7/2018 10:11

High vols early doors (again............zzzzzzzz)

Seller cleared soon one would hope..........

[mfhmfh] 12/7/2018 19:22

Deutsche Bank today reiterates buy rating and 455p target price.

[bottomfisher] 11/7/2018 09:56

PLP's share price is not being helped by the decision of Standard Life, PLP's biggest shareholder, to continue trimming its stake which has fallen from 13.77% to 10.62% over the last few months. However, it is encouraging to see that Franklin Templeton, a quality name in the investment arena, has just disclosed a 5.16% stake in PLP, making it the company's second biggest shareholder. Let's hope this is a long-term commitment and not a short-term trading play.

[soundbuy] 22/6/2018 07:40

Building and building related stocks had a woeful day yesterday.........

[hopefuldave] 21/6/2018 22:49

Recently bought in as company is been tipped a lot. Then , suddenly all is not good. Just my luck.

[soundbuy] 20/6/2018 14:42

Standard Life - in fairness they do have considerable exposure even with the disposals, prudent house-keeping? Rotation out of more cyclical inclined stocks? Re-balancing of portfolios? Just guessing...........

PLP has had a good run, thinking of trimming back or cashing in myself.........

[bottomfisher] 19/6/2018 18:43

Bit of a worry. The recent weakness in PLP's share price could be due to the steady selling of Standard Life, PLP's biggest shareholder, which has reduced its stake from 13.77% at the end of March to 11.43% currently, selling 4.7m shares. The next three biggest shareholders - Schroders (4.6%), JP Morgan Asset Management ( 4.1%) and Norges Bank (4.8%) have also trimmed their stakes since the start of the year according to the last annual report. Any thoughts on why PLP's biggest shareholders have been reducing their stakes?

[mfhmfh] 07/6/2018 12:19

x 2 buys above £500,000 today

[mfhmfh] 06/6/2018 13:06

solid buys today

[sharesoc] 28/5/2018 19:01

There is a detailed report on Polypipe's recent AGM which can be found in our members network:

Our members network is exclusive to full members so to access the report, you'll need to be a full member of ShareSoc. We are a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here:

Once you've joined, you'll receive an invitation to register for our "members network", our private social network, from where you'll be able to access the report (and reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here:

[mfhmfh] 24/5/2018 17:23

some huge buys today

[mfhmfh] 15/5/2018 17:06

Berenberg reiterates buy rating and increases target price to 490p (previously 470p).

[mfhmfh] 15/5/2018 09:52

hopefully next stop 450p

[soundbuy] 15/5/2018 08:54

Berenberg Buy 425.70 412.60 Old PT: 470.00p New PT: 490.00p Reiterates

[soundbuy] 10/5/2018 10:05

Close to a million traded and only 10am - Capital Markets Day went well I'd guess.........

[mfhmfh] 09/5/2018 17:44

nice, steady rise since the low in late March.

[keyno] 19/4/2018 10:34

Ex-div today.