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Started: Divhunter, 6 Apr 2024 12:57
Last post: Dartron, 9 May 2024 21:18
I was expecting it to drop on Ex dividend, but it did not. Epwin seems very strong at the moment. I doubled my holding after results, could be tempted to add again.
According to this article results will be announced on the 10th April.
https://masterinvestor.co.uk/equities/epwin-shares-ready-to-move-positively/
Interesting that there's been no trading update since November. Full year results due anytime now. With the share buyback continuing at pace even with the small recent rise I reckon they're holding back the good news as long as possible. Anticipate strong full year results & an increased dividend and rising SP.
Started: TripleD, 15 Aug 2022 14:33
Last post: nick2723, 27 Oct 2023 11:45
How similar your thoughts are to mine.
In my younger days been badly burnt with AIM stocks, 'pump and dump'. Only buy FTSE 250 or 100 that give good dividends. Except for SPSY as had it for a few years and back in at 150p; then recently, (could be burnt again), WJG.
The things I often do wrong are not selling when they are doing well, getting back in when things are a bit slow and they go down again and taking a loss when things do not look good. Hindsight is a fantastic thing/dream, and I'd love to have a regular private chat with a few investors to talk over different options/opinions/research. How I wish I could set up one in my city. :-) Dreams of cruising/wonderful holidays all on the back of investments. However, I have to be quicker than you as very close to the OAP page. lol
GL and 'one day'! lol
We are currently looking at a golden opportunity to buy investments in my opinion. Adding to ones pension now is going to achieve great returns in the future, now you can buy yields around 9% today. Im focussing on non AIM investments currently to increase exposure, as the better yields seem to be the investment trusts of the F250. I plan to keep hold of any yield above 7% indefinitely, as that would be enough for me to achieve my pension goals which are about 10 years away. I consider Epwin an income stock for now, my yield is around 6% here as I paid more for mine. Eurocell I would say might be an exception for me to invest in, as It could fit a PE take out. Even that pays a decent yield of 8% (though that could get cut in the short term). I think the strategy for me is partition my pf between income and growth, and ringfence the income side and all returns for continued income. The growth side needs to reduce a little in % terms. So I need a winner before I can buy more AIM or small cap. Lol. I could be on that cruise ship within 10 years, it is entirely possible.
Darton, thank you for that link. Interesting reading.
I have a relation, a retired Headteacher, who on her pension has been around the world on fantastic holiday trips. There was a time when they had gold pensions. Unfortunately not for us, so we have to work hard on the stock market to enable us to have a few extras :-)
I dream of owning that share that will make life a bit easier.
GLA
Here is a good resource to see about the industry, and in this example we see the diversification of Epwin. Holiday and park homes are another of those things immune to the current economic climate. Most holiday homes have to be removed once they are 20 years old etc. There is a waiting list on many holiday parks, as it is really a pursuit of the retired, who seem not to be suffering from the economy at all. Large market for second hand homes abroad, so many are replaced early.
https://www.windownews.co.uk/luxury-lodges-excel-with-optima-and-stellar-from-epwin-window-systems/
Dartron, thank you for your comments. I too have been in and out over the last few years, Epwin shares. I always regularly read everything I can about it and thank you for your comments for people on the BB.
Stockopedia agrees with you as their thoughts are: - Quality72, Value 90, Momentum 58, StockRank™ 87.
Whenever Epwin is under 70p I'm always looking to buy more shares. I'm not sure how long it'll be before I'm in the green but at least it's not falling as hard as many of my other shares ATMIT.
DYOR and GL all holders.
Started: the_shareminator, 19 Oct 2023 14:25
Last post: the_shareminator, 19 Oct 2023 14:25
Interesting research note by Andy Murphy at Edison Group - PE trading below long term average.
Epwin Group — Strategic progress in tough markets
Epwin’s H123 results confirmed a solid performance that was characterised by weaker volumes offset by cost control, higher prices and some contribution from M&A in tough markets. Longer term, well-established growth trends imply that Epwin is well placed to leverage off increasing demand for its energy-efficient and low-maintenance building products. Management action contributed to overall margin expansion, a feature that we expect to continue in FY23 and FY24 as material cost pressures become less of a headwind. Epwin offers an attractive investment case with the potential for uplifts from additional self-funded M&A. We have maintained our forecasts but highlight the low valuation and attractive 6.7% yield.
Valuation: P/E of 7.5x vs long-term average of 10.7x
Our FY23 forecasts remain unchanged, which implies that Epwin trades on a P/E ratio of just 7.5x to December 2023, a material discount to its long-term average of 10.7x. The company remains acquisitive and has an estimated net debt to EBITDA ratio of c 0.6x at December 2023, with risks to the downside. Furthermore, even without M&A, Epwin is cash generative; we expect debt to decline over FY23–24 and note that the shares offer an attractive 6.7% yield from a twice covered dividend.
Last post: johnpwh, 24 Mar 2022 21:34
And the latest drop? Why exactly?
Hi mjh
Only just saw your reply! Yes, I'm happy to just let this sit around in the background. Its obviously dropped a few pence in line with the overall markets but effectively steady. Its nice to have a share I don't feel I have to monitor
You are not alone! I think there are plenty of LTH of Epwin out there Johnpwh. Its just a rock steady share that is slowly increasing in value. Company looks to be well run and they are well placed in a market that can only improve with property being upgraded constantly. I fully agree with you. Good long term holding.
helloooooooooooooooo. Is there anyone out there. I'm lonely
Way things are going, in a couple of months I'll be the only poster in a year. I am surely not the only Private Investor in Epwin? Talking to myself!
'Hi John, you ok today?'
'Yes fine thanks, good nights sleep'
'What do you think about Epwin?'
'Well its no get rich quick company, but its paying dividends, quietly growing and seems to have good management. Not exciting but at the same time doesn't keep me awake at night. Good long term holding'
'I agree with you'
I must get out more
Started: nomlungu, 15 Apr 2021 09:01
Last post: nomlungu, 15 Apr 2021 09:01
Not the best results, but they do say that the future looks rosy. Doris is going to spend, spend, spend once Covid clears, especially in red wall areas and housing, to keep the Tory hopes of remaining in power strong and to help reignite the economy.
A recovery share at a lower price, so it will be interesting to see how the market digests the numbers.
Started: johnpwh, 6 Jan 2021 19:33
Last post: BernhardLonger, 27 Mar 2021 16:28
Lets keep this going Thincat. Its becoming quite an active board!
Any other Epwin holders care to chip in?!
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!
Last post: Divhunter, 12 Apr 2019 19:13
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.
Last post: slackermark, 12 Sep 2018 11:09
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’.
Started: DG1Investor, 1 May 2018 20:30
Last post: DG1Investor, 1 May 2018 20:30
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.
Started: Orangetree, 11 Apr 2018 18:18
Last post: Orangetree, 11 Apr 2018 18:18
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.
Started: Edwina, 15 Sep 2017 10:39
Last post: Edwina, 15 Sep 2017 10:39
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.
Started: johnvic, 13 Sep 2017 09:03
Last post: appleby, 13 Sep 2017 11:59
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.
Started: appleby, 6 Sep 2017 16:17
Last post: appleby, 6 Sep 2017 16:17
Company just a £3.9m kick in the Jacobs, that's going to hurt.
Started: rugs, 2 Sep 2017 07:53
Last post: onedaywewillbe, 2 Sep 2017 10:00
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 ?
Started: appleby, 29 Aug 2017 12:46
Last post: appleby, 29 Aug 2017 12:46
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.
Started: ms_moneypenny, 25 Aug 2017 23:05
Last post: ms_moneypenny, 25 Aug 2017 23:05
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".
Started: Thechukkers, 20 Aug 2017 15:42
Last post: Thechukkers, 20 Aug 2017 15:42
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.
Started: appleby, 18 Aug 2017 17:40
Last post: appleby, 18 Aug 2017 17:40
Put a small amount into isa today but nowhere near enough, yielding over 9% and possible shareprice uplift in next few years . GLA
Started: appleby, 18 Aug 2017 09:34
Last post: appleby, 18 Aug 2017 09:34
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 .
Started: Thechukkers, 17 Aug 2017 22:19
Last post: Thechukkers, 17 Aug 2017 22:19
things went really bad really fast here i am still holding here, made some money off trading so not too bad of a loss..but off putting, and may drop further considering the news
Started: jollyspeculator, 17 Aug 2017 13:39
Last post: rugs, 17 Aug 2017 17:37
Jolly, and I was.... rgds
10 % yield would be a worthy return here , high risk , but worth the punt. Gla
would be mighty tempting
Started: appleby, 17 Aug 2017 13:28
Last post: appleby, 17 Aug 2017 13:28
Looks bad to me only the divvy is keeping this up, any bad news on divvy and this is a penny share, My building company uses Epwin products a lot and the quality is good, Frames seems to ready a look quicker than usual , looks likes things are slowing down a bit.