Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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£41 million contract @ 3:30pm yesterday was missed.
68% held in sticky hands
4 million free float.
Prev £15 million contract win total £55 million
£7.5 in cash
This should be £8/10
No brainner
Look at this RNS out today. £41 million contract £7.5 million in cash Paid divi £15 million contract also this year. 68% held sticky only 4 million free float
£42 million contract 68% held in sticky hands Only 4 million free float Mcap = £32 million Will be £10
Terrific announcement yesterday (imo): sales - �73.5m (+16%); ptp - �4.4m (+16%); eps - 29.1p (+14%); divi - 11.5p (+15%); cash now up to �8.1m (+35%). For good measure, a good start has been made to 2018. I wish all of my investments could make that kind of announcement!
Yesterday's RNS confirmed 'progress made across the Group in 2017 and the year end results are anticipated to be in line with market expectations.'; expects no material effect on the group by the liquidation of Carillion. Results to be announced on 27th March Apparently company broker W H Ireland have revised their 2017 forecast to: sales - �75m, ptp - �4.6m, eps - 30.1p and divi of 12.0p/share. I'll be more than pleased with that outcome.
W H Ireland have upped their target price to 350p. Now forecasting 2017 sales of �72m, ptp of �4.4m, eps of 28.7p and a divi of 11p (which I think is conservative, could easily be 12p); with the offer price at 277p, that gives a yield of nigh on 4%. Happy to be on board!
Impressive to say the least with more forecast to come in their second half: http://www.billington-holdings.plc.uk/aim-information/regulatory-announcements
Scheduled for next Tuesday (19th). Hoping for a positive statement but we already know that the second half is going to be better still.
Made on 20th September last year so not much longer to wait. With the chairman sounding confident in his AR statement, hopefully the figures will be good enough to keep the sp creeping Northwards.
Massive Buys again Today, back over 300p soon. The cheapest DIVI paying stock on the London Stock Exchange. potential of 500p by September ;)
What a fantastic finish to the week, have a good weekend all! Bit of press coverage over the weekend me thinks followed by RNS with Director buys ;)
located, identified and OUT! Lol, was a lost sheep from the iii bb who sold to buy UKOG Bless! ;)
Last years was 10p, this could get us a dividend of 15p+. The trades close of play will be interesting and I bet this will open up 10% higher after a bit of press over the weekend ;)
Buys over next couple of days then ;)
2.44 to Buy
HOOVER.......HOOVER STEADY.......................HOOVER..........EASY DOES IT................................ ;)
2.55 to buy
I have a handful of these, HOOVER at the ready lol. Time to get a few more if the opportunity presents itself
Movement... Seems to be gathering some steam after that solid Rns!
Wakey...!!!
Are worth nearly half their market cap!!! And very few shares on offer!!!
Billington Holdings PLC 04 August 2017 4 August 2017 Billington Holdings Plc ('Billington' or 'the Group') Contracts Awarded Billington Holdings plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, is pleased to announce that its structural steel division, Billington Structures, has been awarded two contracts with a combined value of GBP14 million. The contracts have been awarded by two prominent main contractors, the first for a large distribution centre in the South West, and the other for a leading and distinguished London university. These contracts will lead the Group in to a very busy second half of the year with a proportion of the work expected to carry over into 2018. Mark Smith, Chief Executive Officer, commented: "The award of these two prestigious contracts is great news for Billington and is a testament to our team and our expertise. We look forward to working closely with both contractors to successfully deliver these projects. "We believe that the Group can look forward to a busy second half of the year and that these contracts highlight that there are many positive tender opportunities in the market. "We look forward to keeping shareholders updated on the Group's progress in September upon the release of the interim results." ENDS
I suspect the next move may not be until after the chairman's AGM statement is released (5th June); obviously hoping that that, from what I've read in the AR, will be very positive.
Presumably being in an unfashionable sector puts some investors off but, with a yield of nearly 4% and a p/e of just over 10, BILN looks under-valued to me. Their Annual Report reinforced that feeling and is well worth a read.
With a yield of over 4% and on a p.e. of less than 10, what more do investors want ..... a guarantee! Next week's Annual Report should make pleasant reading.