Waterman Share Discussion Threads

[brummy_git] 09/5/2017 07:23

Very well done Norbert – after all your hard work on the stock the takeover is well deserved – excellent call

[boonboon] 09/5/2017 07:23

I'm happy with that. A lot more than I expected.

[penpont] 09/5/2017 07:19

Yes, no complaints about that premium!

[martinc] 09/5/2017 07:18

A surprisingly generous deal. Very nice.. But still sad to me to see another uk business bought by a foreign one.

[cheaky monkey] 09/5/2017 07:16

Kerching! Lovely..

[its the oxman] 27/4/2017 10:47

Left behind by market, could easily move up into 80s very quickly.

[cheshire man] 20/4/2017 10:51

Are we waking up here ? lot's of buying in last few days, not long for an update to see how they are getting on :-)

[glaws2] 20/4/2017 07:00

HL & Selftrade now received

[death by donut] 19/4/2017 18:41

AJ Bell recieved.

[mattboxy] 19/4/2017 17:51

Barclays is in account

[glaws2] 19/4/2017 06:45

No divi at Hargreaves L yet.

[norbert colon] 18/4/2017 17:04

Hi Jimmy - yes received.

[jimmywilson612] 18/4/2017 16:42

Anyone had their Dividend through?

[cheshire man] 28/3/2017 09:26

RNS Number : 6585A
Waterman Group PLC
28 March 2017




WATERMAN AWARDED PUBLIC SECTOR CONTRACT EXTENSION



Waterman Group plc ("Waterman" or "the Group"), the engineering and environmental consultancy, is pleased to announce confirmation of a two year extension to its existing partnership term contract with London Borough of Bexley until September 2019.

The appointment is an important part of the long-term regeneration framework of the Borough's growth strategy for its economic, environmental and social regeneration. It will involve the provision of traffic and transportation engineering services, civil engineering, highways and infrastructure, bridgeworks, drainage, principal designers and technical staff secondment.

Over the last twelve months, our team has successfully delivered the replacement of Bexley High Street Bridge, the second stage of Bexleyheath Town Centre Revitalisation on public realm design adjacent to the new Crossrail station at Abbey Wood.

The framework is anticipated to generate annual fees of about £1.7m to Waterman.

Nick Taylor, CEO of Waterman Group states, "We are extremely proud of our continued collaboration with London Borough of Bexley as it enters its 21st year. This is one of many prestigious frameworks in the Public sector which we look forward to developing further."

[mfhmfh] 27/3/2017 19:01

waiting for the bottom to top-up.

[trier1] 20/3/2017 18:24

I have also added today

[norbert colon] 20/3/2017 16:27

Agreed and I am very pleased to have added to my holding today.

[trier1] 20/3/2017 16:17

Strange then that they are still aiming to increase their operating margin by around 50% by 2019 & the market is expecting eps for next year to rise very significantly.

Look v cheap to me.

[brummy_git] 18/3/2017 09:55

Hi Norbert – agreed, WTM could see a material dip in earnings over the next one to 2 years given its high operating leverage . That said, if the shares follow suit, then your projections of a trade buyer appearing would probably come true, thus putting a floor under price

[norbert colon] 18/3/2017 09:34

Brummy - the commercial market has been curving down for a while now hence Waterman scaling up their retail work (shopping centres etc) which is also a strong segment for them. I anticipate further weakness in the valuation here as investors get bored now it's ex growth. This will no doubt provide opportunities for those with a longer time frame. It would be nice to see the board adding at these lower prices. Investors may need reminding that the board have a significant incentive to get the valuation above 100p

[brummy_git] 18/3/2017 09:03

The FT reported last week they were seeing weakness in the UK commercial property market, which if true would obviously impact Waterman

[blobby] 17/3/2017 20:41

battlebus2,

Apologies for my confusion. I'm getting the record date and the ex dividend date mixed up. Thanks for the correction.

[battlebus2] 17/3/2017 19:11

X divi is always on a Thursday.

[blobby] 17/3/2017 19:06

Ex dividend today. So it is possible that those waiting for the dividend sold out only to see the share price drop much more than the actual dividend amount.

Great value at this level.