Share Name Share Symbol Market Type Share ISIN Share Description
Smart (j.) & Co. (contractors) Plc LSE:SMJ London Ordinary Share GB00B76BK617 ORD 2P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 125.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
122.00 129.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 16.81 4.14 8.35 15.0 53
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 125.50 GBX

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Date Time Title Posts
22/1/202105:25*** J. Smart & Co ***21
25/10/201815:29A smart Scottish company?42
23/12/201117:18IC Comment9

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Smart (j.) & Co. (contra... (SMJ) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-06-23 16:15:00122.6825,00030,670.00O
2021-06-23 12:42:46128.004,0005,120.00O
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Smart (j.) & Co. (contra... (SMJ) Top Chat Posts

Smart (j.) & Co. (contra... Daily Update: Smart (j.) & Co. (contractors) Plc is listed in the Construction & Materials sector of the London Stock Exchange with ticker SMJ. The last closing price for Smart (j.) & Co. (contra... was 125.50p.
Smart (j.) & Co. (contractors) Plc has a 4 week average price of 123.50p and a 12 week average price of 122.50p.
The 1 year high share price is 129p while the 1 year low share price is currently 111.50p.
There are currently 42,060,979 shares in issue and the average daily traded volume is 2,000 shares. The market capitalisation of Smart (j.) & Co. (contractors) Plc is £52,786,528.65.
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?
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.
mw8156: You're right; there is now a 3m pension surplus as well as 18m net cash and 64m of property so the share looks remarkably cheap as ever.
russman: The share price moved.
little beaker: Please note that the market cap on the advfn quote page is incorrect. Their market cap is actually a couple of percentage points lower than quoted due to the fact advfn hasn't rebased it following share buybacks. Fingers crossed more buybacks to come if the market opportunity arises
prop_joe: Thanks Russman, Shows what a prudent bunch they are to keep so much cash on hand. I'm hoping that they use some of it to buy back more shares. Cash isn't earning much interest and reducing the number of shares in issue increases net assets attributable to each remaining share. Regards
little beaker: For the full results, see The ADVFN report is truncated for some reason, missing some of the accounts. Note the cash position increasing by £5million to £13.3 million, not bad on a company with market cap of approx £47m. Strip the cash from net assets and market cap and you would have a market cap of £34m with asset backing of £75m. My opinion is that these shares are undervalued. I would hope to see further share buybacks.
sladdjo: some other investors concur hxxp://
myopia: still holding but bit disappointed that the share price has come down so much from its highs. Notice someone sold 1300 shares today at 600p. Maybe they are right given the current climate but seems a bit like panic selling to me because this is still a very solid company and unlike many property groups which have high gearing this group is ungeared and has a lot of cash on the balance sheet. Certainly a hold i'd say if you don't neet to sell. Still a ridiculous spread though.
mw8156: Still reasonable value in front of the interim this week. A property company with assets supporting the share price on their own and civil engineers thrown in for nothing as an extra.
Smart (j.) & Co. (contra... share price data is direct from the London Stock Exchange
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