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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Smart (j.) & Co. (contractors) Plc | SMJ | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 125.00 | 08:00:25 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 125.00 | 125.00 | 125.00 | 125.00 | 125.00 |
| Industry Sector |
|---|
| CONSTRUCTION & MATERIALS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 19/11/2024 | Final | GBP | 0.0227 | 19/12/2024 | 20/12/2024 | 27/01/2025 |
| 16/04/2024 | Interim | GBP | 0.0096 | 02/05/2024 | 03/05/2024 | 03/06/2024 |
| 17/11/2023 | Final | GBP | 0.0227 | 21/12/2023 | 22/12/2023 | 29/01/2024 |
| 18/04/2023 | Interim | GBP | 0.0096 | 04/05/2023 | 05/05/2023 | 05/06/2023 |
| 18/11/2022 | Final | GBP | 0.0227 | 22/12/2022 | 23/12/2022 | 30/01/2023 |
| 19/04/2022 | Interim | GBP | 0.0096 | 05/05/2022 | 06/05/2022 | 06/06/2022 |
| 19/11/2021 | Final | GBP | 0.0227 | 23/12/2021 | 24/12/2021 | 31/01/2022 |
| 20/04/2021 | Interim | GBP | 0.0095 | 06/05/2021 | 07/05/2021 | 07/06/2021 |
| 26/11/2020 | Final | GBP | 0.0227 | 14/01/2021 | 15/01/2021 | 08/02/2021 |
| 21/04/2020 | Interim | GBP | 0.0095 | 07/05/2020 | 11/05/2020 | 01/06/2020 |
| Top Posts |
|---|
Posted at 10/10/2022 19:00 by russman Cash of approx £39m at the interims.A few speculative developments in the pipeline. Could up the buyback or special divi with the finals. |
Posted at 19/4/2022 18:17 by c3479z looks like they realised 6million profit on the business park sales but only a marginal rise in the dividend at the half year. |
Posted at 09/3/2022 06:45 by russman cash pays zilch at the mo.Hypothetically What fixed rate could SMJ mortgage their prime property. swap at say 6% for 20yrs. Use the mortgage to large the buybacks from family, saving the divi. The risk is a property crash / banking crisis. |
Posted at 08/3/2022 19:49 by russman suppose buybacks save divi cost |
Posted at 23/11/2021 14:10 by 1tx Thanks for information profdoc.Industrial property does seem to be flavour of the month with institutional investors with office & retail property facing uncertain demand so perhaps it is a good time to sell if SMJ can build & let replacements properties in the future at a lower price.I had wondered if the family was thinking of buying out minority holders with a company share buy back offer with the sale cash but I think your explanation is more likely. |
Posted at 22/11/2021 10:24 by 1tx The proposal to sell a large part of the property portfolio is interesting;what is the company going to do with the cash?SMJ has self built and self financed its rental properties over many years & as far as I am aware not bought properties from third parties to replace the odd property sold from its rental portfolio;it does not need cash and has no net debt to pay down as its overdraft is almost twice covered by cash.The companies development resale projects are self financed as well.I have a fairly modest shareholding here as nothing has happened for years and may not happen now...... |
Posted at 06/11/2019 09:43 by gaiusgracchus They made 7.56m in other operating income, which is rental income from investment properties - will have to wait for the annual report to confirm that, but pretty sure there's nothing else that goes into this line.Take out this line and operating income (before property revaluations) goes to -4.65m. So how much of the 6.26m of operating expenses goes on looking after the investment properties? Certainly not 4.6m of it! Seems to me that the contracting business is very unprofitable and the income from the investment properties is propping it up. I used to think you could capitalise the investment properties at, say, 10x. This gets a 76m valuation for the investment properties and wow, don't the company look cheap at 50m? But actually the rest of the business is a cash drain. In conclusion, SMJ shares don't look obviously cheap at these levels. Am I missing something? |
Posted at 23/4/2019 14:30 by spob The Board announces an interim dividend of 0.95p per share (2018, 0.95p) to be paid on 3rd June 2019 to shareholders on the register at the close of business on 10th May 2019. |
Posted at 29/10/2017 10:57 by mw8156 The Chairman and family are good to the other shareholders, though; they do not take too much out of the company and waive the divi not taking it for themselves. |
Posted at 30/10/2015 10:18 by little beaker Good point, I have no idea why there is a separate entry for "monies held on deposit" vs cash and cash equivalents... this item didn't exist in last year's accounts. Perhaps it's something that isn't immediately accessible; I'm not an accountant and don't really understand the distinction.They do warn that contracting margins are still under pressure, so I wouldn't expect a fast return to pre-recession operating margins. However, I think a gradual increase might be expected, and with a benign property market we should see good sales in residential, and hopefully an uplift in commercial. The updates they give the market make me smile... there's so much spin and optimistic bluster in most financial reports, whereas Mr Smart (the chairman) just tells it exactly as it is! There's no smoothing of profits and revenues to try to maintain a constant growth trajectory. As an aside, I have no idea why they waived 50% of the dividend. |
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