The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Any reason for today's 8% fall ?
Good choice YamR1man, very well-run company with solid prospects and a huge addressable market. I'm sure you'll be pleased looking back in a few years time. It's one of my largest holdings - slightly boring to traders no doubt, but the kind of easily understandable company providing essential things that can make an excellent long-term investment.
...better times for this sp at the moment. Wish I could say the same for Europe and the world situation. Please resolve the terrible situation soon, please, please.
Also, the move to US is definitely a positive move. GLA in every sense of the word x
..after watching these for the last 3 months I decided to buy Tuesday...and look what happens! Once, just once, I'd like to invest in something without it dropping within minutes stay dropping DOH !! Happy new year, yeah, right, LOL ;-)
all hush hush to £130 ???
Long may the silence continue.
I like it quiet too.
all very hush hush as this continues to rise and rise !!!!
I like a quiet board, for some reason these shares seem to steadily climb, CRODA is very similar. This has had only 1 losing year in the last 18 with an average annual return of 23%.
...considering the price performance over the years. I've a bit of cash burning a hole and I think this warrants my funds with Biden on the cusp of signing the infrastructure bill. Ferguson should benefit out of it with the many avenues of upgrades in the pipeline, no pun intended . LOL.
With a falling pound , our dollar earnings should push the sp up !
share price up and down like a yoyo today
Hopefully good news on the 8th....we need some momentum here....
Looking modest after stunning update - will add today.
Well, at least it was a very good 1st day !!!!
Usually, do you see this having a positive affect on the share price ???
ski129
dual listed on nyse today will bring it into the focus of us funds but not only. think the likes of home depot may be looking for bolt on acquisitions to help them build on what has been a stellar year and which may not be repeated organically. fergusons niche should interest a few bigger us players. hard to see past it becoming swallowed up eventually.
shock drop to £83.50, bottomed out I hope
after wolseley demerger i suspect its more of a takeover tgt by a us firm. its now pure us play
after wolseley demerger i suspect its more of a takeover tgt by a us firm. its now pure us play
£94.00 smashed through.... is £100 a possibility ??
Sell off of Wolseley UK coming ????
First quarter highlights
- Ongoing revenue 3.1% ahead of last year, despite one fewer trading day.
- US ongoing revenue growth of 3.2% and underlying trading profit growth of 11.3%.
- Gross margin down 0.1% driven by mix.
- Tight cost control ensured strong trading profit delivery.
- Restarted M&A program with two US bolt-on acquisitions in the new financial year.
- Excellent operating cash generation.
- Strong balance sheet with net debt : adjusted EBITDA of 0.5 times, 0.7 times pro-forma if adjusted for expected $467 million cash outflow from the final dividend payment in December 2021.
Ferguson said it will resume dividend payments despite the plumbing and heating products supplier's annual earnings being held back by the coronavirus outbreak. For the financial year ended July 31, revenue slipped 0.9% to USD21.82 billion from USD22.01 billion in financial 2019. The revenue figure, however, was higher than the company-compiled consensus forecast of USD21.76 billion. Pretax profit was down 4.8% to USD1.26 billion from USD1.32 billion, while trading profit, which excludes exceptional items and amortisation of acquired intangible assets, was USD1.67 billion, up 8.6% from USD1.54 billion. The trading profit figure beat the consensus forecast of USD1.59 billion. Ferguson proposed a final dividend for the year of 208.2 cents which it said "effectively reinstates" the previously withdrawn interim dividend, and was in line with last year's payout. However, its USD500 million share buyback program remains suspended. The company separately said that Bill Brundage, currently chief financial officer of unit Ferguson Enterprises, will succeed Mike Powell as group CFO and executive director on November 1. Powell will step down at the end of Octobe
Ferguson 7,900.0 7,908.0 7,736.0 +484.0