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TPK Travis Perkins Plc

712.50
-17.00 (-2.33%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Travis Perkins Investors - TPK

Travis Perkins Investors - TPK

Share Name Share Symbol Market Stock Type
Travis Perkins Plc TPK London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-17.00 -2.33% 712.50 16:35:26
Open Price Low Price High Price Close Price Previous Close
735.00 712.00 735.00 712.50 729.50
more quote information »
Industry Sector
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Posted at 08/9/2020 07:52 by netcurtains
I guess results might be released via audio (lol) - they are doing audio presentation at 9am:
Posted at 31/7/2018 09:21 by ken tennis
Oxman you may have already read this article released 29/07/18 it mentions the shares out on loan quite massive regarding short sellers, so I think you made the right decision on this one well done.


Sharecast News) - Sunday newspaper share tips, including Travis Perkins in the Sunday Times, Weir Group in the Sunday Telegraph and Tax Systems in the Mail on Sunday
Travis Perkins shares are best avoided, said the Sunday Times' Inside the City column, along with the short-sellers who have more than one in ten of the shares out on loan. Shares in the company are down almost 40% from their summer 2015 zenith, "and it may be some time before there is any meaningful lift".

The builders merchant, which owns the Wickes and Toolstation chains, is very prone to blaming the weather for any dip in performance, like many in its industry. UK weather is all-important for this FTSE 250 group, as it has no international operations to counterbalance any sniffles in the UK. The health of the housing market is key for Travis Perkins, which is another explanation why the first half of the year has not been easy. February's full year figures sent some investors fleeing after a fall in the number of house moves that required repair, maintenance and improvement from builders. "As a result of all this, the company has had to carry out cost-cutting measures, including axing a third of its head-office jobs in May," the column noted.

Interim numbers on Tuesday will give an update that followed indications of a possible slowdown from others in similar markets, such as Howdens Joinery's results, though planned stores closures at Homebase could be a boon. For the second quarter of the year, like-for-like sales are forecast to increase 3.8%, an improvement on 3% in the first quarter.
Posted at 27/3/2013 08:17 by m.t.glass
What Travis Perkins (TPK) don't want - after a year in which non-stop rain reduced building site and outdoor DIY activity - is an extended winter that eats into what should be Spring activity. But that's exactly what we have at the moment.

With the share price having gone from 1100 to 1200, 1300 and 1400p in this first 3 months of 2013, there will presumably be a few investors banking profits ahead of the tax year end next week.

Fellow DIY materials supplier B&Q this week announced a plan to cut back floor space and close stores after a drastic drop in sales.

The building materials group Wolsely (WOS) has reported a 20% fall in half year profits to £199m, with strong growth in the US outweighed by problems in Europe and the UK. These conditions have persisted into the third quarter, and analysts reckoned the difficulties probably dampened hopes of a special dividend payout. It has already cut 990 jobs across Europe since August and has announced a restructuring of its French business Reseau Pro which involves the closure of 24 loss making branches and the disposal of 88 others.
Posted at 11/10/2012 14:09 by jeffian
I'm surprised you're so keen to exit these, wc. Currently on a PER around 11x, have traded well though the bottom of the building cycle and look poised to reap the rewards of any improvement in the depressed construction market. They've achieved continued expansion in difficult times by taking market share and they're also able to grow by bolt-on acquisitions. I can understand that there might no be much to tempt traders here but for investors, on fundamentals, they look a pretty solid hold to me. (Mind you, I didn't sell'em when they were over £20!)
Posted at 24/2/2010 16:56 by spob
.........Mr Cooper said: "At this stage there is no clear indication when our markets might return to growth again ... We are wary of the probably false starts that we expect to see ... activity levels remain fragile."

He added: "We are prepared for a long period of probable low growth and difficult trading conditions before we can anticipate a return to growth in our markets.

"We are concerned in particular about weak consumer spending trends in 2010 as inflation rises and the cushion of falling mortgage costs annualises out."

He said that demand from both builders and from consumers for home improvement would continue to fall this year.

His gloomy outlook statement, described by one analyst as "very dark", stunned investors, many of whom had been expecting a steady recovery.

Travis shares fell as much as 7 per cent in early trade. By mid-morning they were down 47.5p at 702.8p.
Posted at 17/10/2008 11:39 by manners2
maximillian1 - I am really surprised you have done that - the property market will be on knees for 5 years....as was the case after the japanese and nordic banking crisis which are extremely similar to ours....this being the case travis perkins will be under pressure and not a fashionable stock.....it maybe secured but it will probably not pay a dividend during this time, UNATTRACTIVE to investors.....I just dont understand why people always buck the clear facts and trend!! what stop this share trading at £1 or less for the next 5 years!??

It certainly will not trade above 4.00 for a long period of time
Posted at 10/7/2008 06:58 by m.t.glass
By John Mulligan
(independent.ie)


Thursday July 10 2008

It seems like trying to identify any good stock-buying opportunities these days is very much a hit-and-miss affair.

Just when the banks seemed they could go no lower, they did. And with the housing market in a state of complete disarray, it seemed that buying shares in Grafton Group would be the last thing on most investors' minds.

The owner of DIY chains Woodies and Atlantic Homecare, as well as building merchants including Chadwicks, has seen its share price demolished on the back of sharply reduced housing starts and tightening consumer spending. Its shares have tumbled about 65pc in the past year.

Irish housing registrations declined by 61pc in May compared with the same month in 2007, as projects were cut back in the face of evaporating demand. This would seem to make Grafton a stock for either the brave or foolhardy; but when share prices are so low, it raises the question of whether something larger such as a takeover may loom.

NCB analyst John Sheehan yesterday floated the idea that an all-share merger between Grafton and its UK peer, Travis Perkins, may have merit.

Both companies are trading at multi-year lows and Mr Sheehan reckons a merger of the two could create over €500m worth of synergies, especially important as they battle to maintain momentum in collapsing property markets.

Grafton already operates in the UK, while Travis Perkins, which owns 900 builders depots and 200 DIY stores under the Wickes brand, is currently confined to its home market.

In the first four months of this year, sales at Travis Perkins rose 6.8pc, despite the state of the market, but investors are still circumspect. Yesterday, Morgan Stanley cut its share price target for Travis Perkins to £7.35 from £12.20.

While Mr Sheehan believes that shareholder support for a merger between Grafton and Travis Perkins would be forthcoming, one London analyst cast doubt on the level of goodwill that might exist towards such a deal.

"Travis Perkins management have a pretty good reputation," said Oriel Securities analyst Paul Checketts, who thinks the idea of a merger has merit, but could be difficult to pull off.

"There would certainly be efficiency gains, and some shareholders might look for an exit, but many are prepared to see past the current weakness of Travis Perkins' share price because it's due to macro problems."

Bar the prospect of any merger or similar deal, buying into Grafton now at €3.05 will be a long game. Just how long depends on the speed at which the stumbling economy eventually recovers.
Posted at 29/8/2006 19:31 by jeffian
Jaafar1,
Depends whether you're a daytrader or investor, I suppose. I paid 587 at the end of 2000, so today's +34 seems quite a nice rise to me but I can see that those paying 1714 today and expecting an instant profit within 24 hours may be disappointed. On the other hand, they may think it has further to go in the medium term. We shall see.

Regards, Ian
Posted at 11/1/2006 19:03 by waldron
Travis Perkins still sees 2005 adjusted pretax profits of at least 205 mln stg

LONDON (AFX) - UK builders merchant Travis Perkins PLC has reiterated
previous guidance for 2005 profits.
In a trading statement, the group said it still expects adjusted pretax
profits of "not less" than 205 mln stg for the year to 31 December -- in line
with a previous update.
The statement came ahead of a presentation to analysts and investors on
Thursday.
Travis Perkins will publish its full-year results on March 8.
simon.duke@afxnews.com
sd/ak
Posted at 26/12/2005 22:42 by olivia5
Travis Perkins PLC - Holding(s) in Company
RNS Number:3840UTravis Perkins PLC18 November 2005 TRAVIS PERKINS PLC ('the Company') Holding in CompanyThe Company has received notification today that on 15th November 2005 BarclaysPLC, through the legal entities listed below, are interested in 5,319,557ordinary shares of 10p each, representing 4.40% of the Company's issued sharecapital.Legal Entity HoldingBarclays Global Investors Japan Ltd 136,572Barclays Bank Trust Company Ltd 2,795Barclays Capital Securities Ltd 73,679Barclays Global Investors Ltd 2,724,495Barclays Private Bank Ltd 1,600Barclays Global Investors, N.A 1,764,963Barclays Global Fund Advisors 25,427Barclays Global Investors Australia Ltd 57,244Barclays Global Investors Canada Ltd 6,117Barclays Global Investors Japan Trust & Banking 138,734Barclays Life Assurance Co Ltd 264,534Gerrard Ltd 123,397Total 5,319,557 This information is provided by RNS The company news service from the London Stock Exchange

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