Share Name Share Symbol Market Type Share ISIN Share Description
Tex Hldgs LSE:TXH London Ordinary Share GB0008850470 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 136.50p 133.00p 140.00p 136.50p 136.50p 136.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 41.4 1.1 14.3 9.5 8.70

TEX Holdings Share Discussion Threads

Showing 201 to 225 of 225 messages
Chat Pages: 9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
15/8/2017
20:38
I think the dividend is safe here and like you say the valuation is modest so a LTH IMV.
battlebus2
15/8/2017
20:16
No comments on interim results? I was out. EPS are down a bit but operating cashflow is usually a better indicator and that was only marginally down. Some significant capex and the increase in working capital increased the overdraft and pushed up interest. This could easily reverse in H2, although always beware rising receivables in an economic slowdown can't always be recovered 100% in some sectors. The balance sheet strengthened slightly again, leaving the market cap at a rough 15% discount to book value still - with no intangibles. The shares still look cheap at less than 4 times likely operating cashflow but a similar order book and a cautious board of directors suggest that that multiple does not look like expanding much any time soon, although there did not look to be any reason to sell either, as H2 looks likely to be a bit better, at least on the cashflow front. This means the dividend looks safe so a 6.3% yield ought to be supportive at this level - but this is a UK smallcap and they don't always tow the line.
aleman
20/6/2017
16:22
We're getting closer to that £10m valuation where some small cap funds get interested. It might just be a temporary rise this week, though. It's ex-dividend on Thursday.
aleman
12/6/2017
13:16
I've just been looking at the strong balance sheet and it looks quite similar to just before the special dividend at the end of 2015. It's actually a bit stronger, although with a small overdraft versus some cash back then. The seasonal swing in working capital is actually likely to eliminate the overdraft for the interims and another 6 months of profit should make the balance sheet stronger still. I think there is a possibility we could see another special dividend at the end of this year if the directors are still thinking along similar lines. Granted, the ordinary dividend is higher, so maybe a special would be a bit smaller, say 10p. There is the possibility that they might be thinking of an acquisition, though. There are always other uses of cash. I'm just saying, the next balance sheet looks set to be similar to then even though 28.5p of dividends will have been paid out between end of 2015 and end of 2017. It's a very impressive performance. What price would these be if they had broker coverage? In the process of rereading the report and accounts, I think the strategic report that we did not get in the preliminaries sounds more optimistic than the Chairman's report. Note the spike in enquiries for air traffic control rooms. (I suppose a spike in orders might tie up some capital and delay any special dividend until after completions but I'd be very happy with that.) Http://www.tex-holdings.co.uk/wp-content/uploads/2011/02/TEX-HOLDINGS-REPORT-ACCS-2016.pdf
aleman
19/5/2017
12:35
Yes and still cheap as chips
battlebus2
19/5/2017
12:32
Perky of late.
aleman
11/4/2017
10:16
Totally agree, NAV 155p and profits and dividend up, happy to hold.
battlebus2
11/4/2017
09:04
Slightly disappointing results in terms of H2 profit but it looks like Brexit issues got in the way a bit. Hard to say where that goes. The good news is the balance sheet remains strong and the final dividend goes to 6p. I think the dividend will be indicative of what is expected. No need to raise 20%+ if there is anything to worry about. Still cheap and still well worth holding for the fat yield and strong balance sheet that could fund further small acquisitions. Now back to sleep.
aleman
27/3/2017
13:47
Results due soon. Anyone found the date anywhere?
aleman
06/1/2017
16:12
Ticking higher 130 to buy
battlebus2
03/1/2017
12:36
UK manufacturing PMI hit a 30-month high as dometic and export demand both increased. Https://www.markiteconomics.com/Survey/PressRelease.mvc/f0f8bc99ea5c44698c0c0cb1a841fe1a
aleman
10/11/2016
09:49
this is a private company masquerading as a public one,no independent directors by any definition.
charo
28/10/2016
13:20
Nice move up at 1pm.
battlebus2
11/10/2016
10:41
Slowly rising volume seen here (from nothing at the end of 2010): free stock charts from uk.advfn.com
aleman
11/10/2016
10:24
10 trades on LSE yesterday. A year or two back, it did not get 10 trades in a week. It's nice to see normalish liquidity levels returning. Just need to get to a more normal rating, now!
aleman
07/10/2016
18:13
Seems to be :))
battlebus2
07/10/2016
17:01
8 trades today. Is she waking up?
aleman
07/10/2016
13:47
Should be nearer £2 so can see this continuing. free stock charts from uk.advfn.com
aleman
07/10/2016
13:43
Still going up after the ex-dividend. Seem to be building up a head of steam. I presume the weak £ and strong UK manufacturing environment will be doing no harm to H2 numbers.
aleman
06/10/2016
09:33
A bit of buying interest over the last few days.....dividend of 2.5p payable tomorrow..
battlebus2
23/9/2016
09:30
Https://www.insidermedia.com/insider/national/manufacturing-output-continues-to-expand-cbi?utm_source=southeast_newsletter&utm_campaign=southeast_news_tracker&utm_medium=manufacturing_article
aleman
09/9/2016
15:27
Moving up strongly to finish a good week...
battlebus2
05/9/2016
11:29
Some day there'll be a mention Aleman, trading well below NAV and paying that juicy divi
battlebus2
05/9/2016
10:27
Nice to see the occasional price move. Perhaps the terrible liquidity is improving as the market cap rises. Should be at least £2 on a cashflow basis. Only down at these levels due to lack of coverage,
aleman
05/9/2016
10:20
Steady climb continues this morning. Worth 140/150 imv. DYOR etc
battlebus2
Chat Pages: 9  8  7  6  5  4  3  2  1
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