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Yes I have been in this for some time and think I have to be patient on a lot of the UK shares I am in given the roller coaster over the last few years largely due to the uncertainty of Brexit. COVID on top has made it more difficult as well but I believe the fundamentals in this business appear to be relatively strong.
As such I trust that the update scheduled for January will be positive and hopefully given some more patience this share price will improve through 2021.
Like you I would be interested to hear other views
Hi friend!
Yes, I've been here a long time and happy to see how it pans out.
I live near Telford where there is a window manufacturing unit that was called Profile 22 once upon a time. Up again today I see.
If you look at the update on 16th December it appears quite positive. Above revised expectations on result for the year to December 2020 and restart of dividend. I feel this share is undervalued and a positive update in January may result in a gradual increase in share price. The December update said efficiencies in second half of 2021 would come through as well and cash generation looks relatively strong
The comment 100 before this was nearly 4 and a half years ago. Some smaller companies (with far less hope) get that every day! Never will understand this game.
Well, this voice in the wilderness will ask the question - what does anyone think of this share at the moment? i wont hold my breath for a reply any time soon!
Wow, 10% up since I posted 3 days ago & still three & a half weeks to the ex-divi. Exceeded my expectations. There'll be some profit-taking over the next 3 weeks but another 10% might be on the cards. Then we can settle down with a nice sustainable 5% annual dividend & 5% annual SP rise will do me for long term in the SIPP. Anything over & above will be a bonus.
Starts here. Impressive results after a while in the doldrums but the dividend made it worth holding. 6.5% yield at today's price with 4% of it paid in June with ex-divi date in 4 weeks time and a progressive dividend policy. Plenty of room for SP growth as well from here, time to add.
How do you get 'sales reps on an jolly' etc. from these results? Do you work with then in the business because there's nothing (printed) in these interim results to suggest that, not that I can see anyway.
I accept the results don't make for a pretty read but they were never going to. Given the loss of their largest customer (SIG plastics) and the adjustments they made (very quickly), the numbers were always going to take a hit. Personally I'm quite pleased they have held up as well as they have.
The substantial rise in the price of oil was bound to hit raw material prices and it isn't always possible to pass on those cost increases as price increases to customers immediately. Personally, not being in the business, I have no idea whether there is excess supply in the business at this level; if there is it is a serious problem because you almost have to wait for you competitors to go to the wall before you can force through the price increases (or take a hit on turnover)
Me, I was expecting worse numbers. Given what's happened in the last 12 months these aren't as bad as they could have been. Looks like the market agrees with me. I never like a dividend cut (who does?) but can live with 25% drop as long as it's forward progress from here.
I'm going to sit tight. A little to risky for me to buy more here even though the numbers suggest they'll cope with the change of circumstance but I'm not a seller either...... not yet anyway. Assuming there's nothing catastrophic in the meantime, I'll wait until the finals next year and reassess then as long as it doesn't drop through me stop.
Regards
A long wait for this Company to turn round. Same old ‘Fluff’. Sales rep’s ‘on a jolly’ - either don’t bother to call on clients at all, or turn up on the doorstep unannounced, planned around a night out. If I were Management I would certainly make it my business to know what was going on but they are obviously out of touch and I would doubt that this share price will do better than just bumble along over next few years unless someone gets a grip of what’s happening ‘out in the field’.
This has been looking stronger of late - could see a rise continuing up and beyond ex divi date later this month - been undervalued for some time now.
Writing a conclusion is a bit tricky because I don�t know the effect of the fallout from Entu bankruptcy and how long it will continue to impact Epwin performance. Then again, I feel management is putting out a more adverse statement, either to cover their �asses� or are they intentionally depressing the share price? Right now, the shares are down by 3.7% to 76 pence. Then again, it is continuing to pay a 9% dividend yield, which is eating into their capital reserves! If future earnings forecast remains unchanged, then we are looking at PE of 6 times multiple which to me is far too cheap. Finally, my instincts are leaning towards a BUY on Epwin, but recommend further research into this company. For more on Epwin and other companies� results from Tesco and Universe Group, click http://bit.ly/2JySVlX
Can't understand why people sell before dividend date,I'm staying in here while they continue to pay excellent dividends👍
Results are pretty much as expected but even so, its very quiet here.
I generally find when a LTH comes on a web forum in total shock at how much they have lost , they will look to blame anyone for that loss except there own poor judgement . We all have are own views on where this is going, Please pist off and nurse your monster losses else where.
Generally, as a rule of thumb, when the newbies come on bulletin boards saying, 'going lower' (when the shareprice was 65p), 'thats got to hurt'. etc. Its time to buy. Why? Because these guys have absolutely no idea how to make money, are talking there own book, and lastly (most importantly), are the best contrarian indicators on the market. You say buy, I sell. You say sell, i buy. I think i will bookmark your posts and proceed to do the opposite, will more than likely be a fantastic income generator.
Agreed this is going to get tough , the divvy being raised is a bit worrying , touching 10%, is it sustainable over next few years.
Just the start of a 'batten down the hatches' period in the replacement industry. I've been through several. Latest FENSA stat's say June & July sales nationwide down a whopping 18% !! This don't make pretty reading to me at all and there is worse to come IMHO. The trouble is that when there is less and less business out there, unfortunately a price war commences and when the diary for the week is looking a little sparse, even the best find themselves having to explain why 'man and van' is not a good long term option for the prospective customer, but nevertheless I believe we are in for a sustained period whereby the customers concept of replacement window and door prices is lower than it is now which always causes pain for the ones who do it right and who are in for the long term. EPWN have missed out on goog 'no risk' business from us which is crazy as I have dealt with some of their Divisions for absolutely ages. They need to send someone out there on a fact finding mission. I may buy some of these in and around the low 50's. Still too high just yet.
Company just a £3.9m kick in the Jacobs, that's going to hurt.
I think it was just overdone fall. The expected LOS was around 15% the fall over 50%. Bit fed up as i have been watching it for a while but couldnt release funds from other shares that are waiting on news. Think i have missed the opportunity now.Personally dont think it will move much beyond here to mid 80s until further trading updates. BWTFDIK
has caused the most welcome rise ?
Looks like ENTU filing for administration was the reason for the fall , The brands held will no doubt be back up trading with the old directors in a few weeks , debt nicely dropped on to the suppliers. See this falling further.
Market challenges have been well documented. Management has elected to take action to reduce costs and capacity in the light of ongoing market conditions. We expect more detail with the release of H117 results on 13 September. Jon Bednall, the chief executive, said the group was confident that it would continue its "record of strong cash generation and our ability to offer an attractive dividend to shareholders".
i think we are soon gonna reach bargain prices here, just read the last set of results
late-reported trades showing up late Friday. Might augur well for Monday . Price has been volatile today.
Put a small amount into isa today but nowhere near enough, yielding over 9% and possible shareprice uplift in next few years . GLA
Looks like my target will be reached buying in for long term hold if gets to 62p-64p good luck all , this is a good company , with good products .