Polypipe Share Discussion Threads

[philanderer] 27/1/2017 20:41

'MKM gets creative for Polypipe promotion'

[petergennery] 26/1/2017 09:11

Hopefully it'll touch and hold 350, results are due at the end of march, last year / interims look good, fingers crossed.

[jon123] 26/1/2017 08:53

creeping up nice and slowly wonder if it'll break 350 the trend is our friend at the moment

[philanderer] 18/1/2017 20:33

Polypipe To Give Local Communities Across UK A True Warmth Fix For Winter

[soundbuy] 04/1/2017 08:12

DB raise PT from 381p to 409p


Polypipe Group Plc PLP Deutsche Bank Buy 0.00 318.10 381.00 409.00 Reiterates

[philanderer] 21/12/2016 13:25

Nice one :-)

'Polypipe continues tradition with charity support'

[philanderer] 21/12/2016 12:07

Agree mike.... and we got some buyers in around 304p :-)

[113mike] 21/12/2016 09:19

I'm in for the long term and the div for my drawdown pension income... sp? it'll go up and down but there will be more upd and a higher level in time imvho!

[philanderer] 20/12/2016 09:36

Well that last 24 hours was all a bit weird :-S

80,000 dumped @ 310.5p seems to have done the trick today.

[philanderer] 19/12/2016 12:33

Volume picking up , nearly 200k traded so far

[philanderer] 19/12/2016 09:51

Best one for me this morning.

Volumes look low across the board though.

[fizzypop] 19/12/2016 09:29

Vertical ascent this morning - Xmas rally!

[philanderer] 12/12/2016 23:55

'Polypipe’s Professional Development Centre features new ventilation training facilties'

[philanderer] 09/12/2016 10:33

9th dec Deutsche buy tp 381p

reiterates

[philanderer] 05/12/2016 17:53

Telegraph market report:

The UK’s largest manufacturer of plastic pipes Polypipe also reaped the benefits of a rating upgrade. Shares rose 6.2p to 309.7p after Jefferies lifted its rating to “buy” citing growing new-build and infrastructure markets.

[jon123] 05/12/2016 12:40

chart wise 300 support 325 resistance

[philanderer] 05/12/2016 12:05

That Jefferies note...

Among the mid-caps, Polypipe has added 4% to 315.9p after Jefferies issued a buy note with a 350p price target. It said:

Polypipe trades at around 11 times calendar 2017 PE, with earnings per share set to grow 9% in 2017 and 5% in 2018. Volumes should be solid, supported by growing new-build and infrastructure markets, while the natural substitution of plastic pipes should help offset slower RMI [repair, maintenance and improvement] markets. A rising oil price will increase polymer costs, but history suggests this can be passed on to customers.

[philanderer] 05/12/2016 10:00

Thanks for that upgrade news SoundBuy :-)

[soundbuy] 05/12/2016 08:33

What would a chartist make of a break above 325p, looks clear sky to 350p?

[aishah] 05/12/2016 08:22

Good to see that upgrade. More to follow I hope.

[soundbuy] 05/12/2016 07:53

Polypipe Group Plc PLP Jefferies International

Buy 303.50 303.50 Old PT: 240.00p New PT:350.00p Upgrades

[manrobert] 30/11/2016 19:05

thanks everone who has responded/

[113mike] 30/11/2016 19:00

Thanks for that.. not sure I fully understand it all. Is it pos+

[fizzypop] 30/11/2016 18:55

OK guys here's the works (ignore the actual figures)

What really happens at 4.30 when the market closes is the "closing auction" ( if there are any potential trades left on the book), anyone at this point with Direct Market Access including joe public can enter their bids/offers for the stock, from here lets call them buys and sells, its easier.
What the SETS system is trying to do is give the official closing MID price for the days trading.

The participants have 5 minutes to enter what price they will pay for or be prepared to sell their stock for at this point, no-one is trading here, just entering. Furthermore, their entries have to be within 5% of the last AT trade of the day. The last AT trade was at 16.5p, so the range for the entries of proposed buys and sells must fall between 15.675 - 17.325p.

After 5 mins and all the entries are in, the SETS computer swings into action, and what it does is calculate from the entries the HIGHEST VOLUME trades that can be made, the MOST shares it can UNCROSS from one side of the book to the other. It is literally "matching" any trade that will trade at the prices on the book, if you see what I mean? This little excesise takes up to 30 secs above the 5 min auction.

The resultant figure becomes the UT ( uncrossing Trade) for the day and the official days closing MID price...which in our example .. 16.35.14..... 1750000 @ 17p....UT.

So the UT you see every evening at something like 16.35.+30secs is NOT a BUY, is NOT a SELL.. but half and half, it is a Volume figure. It is recorded as a buy or sell like all trades are: a guess based on which side of the "last mid" it is.

The 17p official closing price is then taken forward to the OPENING auction at 7.50am the next day where the city johnnies do the whole auction thing again until the 8.00am open.

Hope this helps and then you wont have to jump up and down after close from here on in.