Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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TPT and VIC both came out with good numbers. If that's a read across for the sector then I am anticipating that we could see a serious return on investment from this level at CMO.
Giant is a better word to use :-)
Sleeping dog is this one. Needs some II or large director buy to move upwards. Still £900.00 down now but confident of long term value which is not realised in current S.P.
Well Topps Tiles have come out with a market pleasing update. This can only be good news for CMO division Total Tiles.
The Group delivered strong revenue growth of 10% for the six months to 30 June 2022. One-year LFL* sales of 2 % (Superstores at 5 % and Total Tiles -10%) against particularly strong comparatives. Two-year LFL sales growth was 29 %, and on a three-year basis the Group has delivered revenue growth of over 85% and a 39% increase in market share to just under 1% accentuating the enormous growth opportunity. There was particularly strong performance in Door Superstore (+24% LFL) and our dedicated Trade vertical which saw growth of 45% LFL
Gross profit was GBP8.5m (20.3%) for the first half, an increase of c.1% compared to H1 2021 GBP7.4m (19.4%). As previously reported during Q2 the Group experienced a number of short-term pressures on margins, in common with the industry overall. These included higher carriage costs and increased energy costs, albeit the latter is a relatively small cost overall for the business. Commodity cost inflation continued during the period and was particularly apparent in energy rich products such as tiles. We continue to pass through these costs while maintaining gross margin and managing our competitive position.
Agree, results not as bad given current market turmoil. This Co would be an excellent bolt-on for takeover given current S.P.
Still down on this one but RNS gives reason to hold onto. Cant see many LTH holder wanting to bail out now.
Those results were not as bad as the share price would have you believe. Even the forward looking statement is pretty positive. Bargain entry point.
I know, I bought them!
2961 is a buy.
And so was 6633. I suspect there are a few others that are also buys. Why its down over 6% based on known trades can only mean there is some unreported trades. Will see at finish if there is a seller still there.
The 7000 was a buy.gl.
Stock overhang here and buys/sells are both at 30p. Wont be moving until this is filled so may be trading at this level for a while or even lower if seller continues to bail out. This is takeover price range now so worth holding stock.
Trades at 0.35p and above are all buys so ignore this site regarding buy/sells if it influences your decision. Certainly worth a punt at these levels. May go down a bit more but even better for some......
I'll sell up then because she didn't buy enough
About 15k worth?
Perhaps the director purchase will help?
They all looks like sells and probably the institutions were reducing their positions, may see under 30s before any recovery.
Check out all those trades that have appeared from yesterday
45p
From what I can see the issue is margin pressure - sales are ok.
Guess that means lower profitability and less cash earnings for a while.
Therefore, how strong is the balance sheet? What's their net cash and did they take on too much debt with the recent acquisitions?
This is probably a great entry price IF they can get thru this period without a capital raise.
I bought today and my buy like many others showing as a sell.gl.
Hope so as I’m in at 37.5p good luck all
Reckon Jupiter Fund Management are selling into the news and further reducing their position. The chart shows a decline since Jan, as with most, (if not all), companies, problem is the War and underlying inflation problems. Not sure how long will take to get back to those heady £1+ prices... but i'm sure then ending of above stated issues will change all that.
Maybe price dropped fast to scaremonger to fill the larger 38p buy orders? but that would mean they are making a loss....but the price is 37.98 to buy now.....in the first hour they were all sells for 2000 shares and then there are the 25k blocks......I just can't work it out? no matter.....seems well over cooked and there seems to be a lot of buying interest and a lot of buys listed as sells....
really quite strange.....a lot of early reported sell trades today were buys....and yet the MMs seemed to force the price down.....and now all the 38p trades....whether buys or sells are not moving the price at all....any ideas?
Saw this on the top fallers list this morning and took a closer look at the company's end of year report etc......... massively undervalued IMO so have put my money where my mouth is. Onwards and upwards.