Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Started: nextdeal, 24 May 2024 09:02
Last post: nextdeal, 24 May 2024 09:02
Even more reason to go for a US listing.
Might now also be in the sights of US competitors.
Nd
Started: driftking27, 26 Apr 2024 23:23
Last post: driftking27, 26 Apr 2024 23:23
Whom are HILLS main US competitors?
I guess Morgan Sindall & Balfour Beatty are in UK.
Started: piworld, 14 Mar 2024 11:35
Last post: Robina, 19 Apr 2024 13:11
Well I've bought a bunch on today's morning dip. Good company. Hopefully a good entry point today.
Hill & Smith Executive Chair, Alan Giddins and Chief Financial Officer, Hannah Nichols present results for the year ended 31 December 2023.
Watch the video here: https://www.piworld.co.uk/company-videos/hill-smith-hils-full-year-2023-results-presentation-march-24/
Or listen to the podcast here: https://piworld.podbean.com/e/hill-smith-hils-full-year-2023-results-presentation-march-24/
Started: nextdeal, 12 Mar 2024 17:08
Last post: nextdeal, 12 Mar 2024 17:08
Another £73k's worth for the Executive Chairman. Excellent.
Nd
Started: MartMcM, 12 Mar 2024 14:43
Last post: MartMcM, 12 Mar 2024 14:43
Hill and Smith plc posted healthy FY results for the year ended 31st December this morning. Revenues were up 13% to £829.8m, underlying PBT was up 27% to £111.9m and statutory EPS was up 29% to 86p. A final dividend of 28p was proposed, up 27% on the year, making a total dividend of 43p. The balance sheet remains solid with covenant leverage at 0.4x EBITDA allowing plenty more scope for organic and acquisitive expansion. Indeed, there has been more positive momentum on M&A in 2024 year to date with a further £11.6m investment across two acquisitions completed and the M&A pipeline is healthy. Valuation is no longer cheap with forward PE ratio at 17.1x, but the share price remains in an 18-month uptrend. BUY. ...
....from WealthOracle
wealthoracle.co.uk/detailed-result-full/HILS/828
Started: Cardinal3, 12 Mar 2024 09:44
Last post: Grezzz, 12 Mar 2024 12:10
Further and farther...
Given the US generates 76% of "underlying operating profit" I would welcome a US listing which would undoubtedly result in a significantly increased share price.
Nd
Looks well managed, focussed and busy. Impressive all round results and increase in dividend.
Started: Alas_Smith, 14 Nov 2023 07:45
Last post: Alas_Smith, 17 Nov 2023 08:24
Todays news of acquisition seems an excellent fit
Reads well to me.
Started: Alas_Smith, 28 Sep 2023 10:55
Last post: Alas_Smith, 28 Sep 2023 10:55
Chunky buy announced today.
Started: nextdeal, 18 Jun 2023 09:40
Last post: nextdeal, 21 Aug 2023 13:18
173!!
Nd
189.
Nd
More recently, of course, the shares reached a 12 month high.
Delighted to report a rise to 191, an all time high (although "all time" only covers a period of 4 weeks!).
Nd
A minor setback to 196 this week.
Nd
Started: piworld, 14 Aug 2023 10:37
Last post: piworld, 14 Aug 2023 10:37
Hill & Smith PLC (LON:HILS) H123 Exceptional results from this engineering company that has 3 divisions: Galvanising, Engineering Solutions and Roads & Security. The US is driving the success.
Here is the video and podcast of the H123 results presentation given to analysts by Alan Giddins, Exec Chair and Hannah Nichols, CFO.
A summary of the highlights:
- Revenue +9% £420.8m, operating profit +20% £62.5m on an organic constant currency basis
- Operating margin +240bps to 14.9%
- Strong margin expansion is due to an improved portfolio mix, driven by Engineered Solutions and the advantage of operational gearing
- Underlying PTP +42% at £57.2m
- Total Group EPS +24% with EPS from continuing operations +39% to 53.6p
- Group free cash flow £34.8m
- Two acquisitions totalling £38m have integrated well, acquisitions contributed £41m revenue and £8m operating profit
- Return on invested capital in H1: 21.3%
- Medium term KPIs: 15% operating margin and 18% cash conversion
- Full Year 2023 operating profit upgraded with these results supported by US industrial growth drivers although there is some H1 weighting.
Video: https://www.piworld.co.uk/company-videos/hill-smith-hils-interim-results-presentation-august-23/
Podcast: https://piworld.podbean.com/e/hill-smith-hils-interim-results-presentation-august-23/
Started: nextdeal, 9 Aug 2023 16:53
Last post: Alas_Smith, 10 Aug 2023 08:03
Chunky manager buy published tiday
That will do very nicely!
Nd
Started: nextdeal, 31 Jul 2023 12:42
Last post: nextdeal, 31 Jul 2023 12:42
Today's Times states that an Indian subsidiary is supplying pipe supports for a Russian company.
Not as bad as supplying offensive materiel but still not a good look.
Nd
Started: nextdeal, 8 Mar 2023 16:37
Last post: nextdeal, 25 May 2023 14:21
Made it back over £14 but holding on given today's positive update.
Nd
Well, it might take a little bit longer than I had hoped....
Nd
Got in again below £13, still intending to cash in at £14+.
Shouldn't be long now.
Nd
As noted below, a disappointing response from the market but noticed that our Chair has bought today.
Seemed like a good idea as well as an overreaction from the market so followed suit (and at a lower price (for once)).
Nd
Will sell if we get back to £14 as am overexposed here
Nd
Started: piworld, 9 Mar 2023 18:22
Last post: piworld, 9 Mar 2023 18:22
Alan Giddins, Executive Chair and Hannah Nichols, Group CFO, present results for the year ended 31 December 2022. It was a year of record profitability, from a higher growth portfolio.
https://www.piworld.co.uk/company-videos/hill-smith-hils-full-year-2022-results-presentation-march-23/
Started: Alas_Smith, 3 Aug 2022 09:17
Last post: nextdeal, 8 Mar 2023 08:54
Disappointing response from the market.
Nd
Flight into the US Dollar.
Like in the 70’s
Problem is it’s lost most of its purchasing power and a high dollar deters countries from trading with the US.
Last time this happened, the US deliberately sold off the Dollar and took profits.
The business delivers record levels of profit and revenue and has increased its margins during a time of high inflation..... and yet the market has rewarded its performance with a share price fall of 50% from its highs last year. Absolutely bizarre! The only thing I can do is 'back up the truck' and purchase more shares for my SIPP. This is a company selling essential infrastructure products, not one exposed to discretionary purchases.
Robina,
Indeed, after 30+ years of investing, I've rarely felt so perplexed with market sentiment and movements. One explanation maybe the entrance to equities of a new demographic of investors together with institutional investors trading with a revised set of metrics. Whatever it is, it's going to take me a while to adjust..
Started: Alas_Smith, 16 Nov 2022 07:54
Last post: nextdeal, 16 Nov 2022 09:04
Agreed. Augurs well for the dividend.
Nd
Very satisfactory news today.
Started: Alas_Smith, 18 Jul 2022 08:12
Last post: nextdeal, 21 Jul 2022 17:26
Agreed, but it doesn't seem to have done the share price any harm.
Nd
Bit odd for CEO to stand down with immediate effect.
Last post: Alas_Smith, 25 May 2022 11:18
Although Shore Capital raises Hill & Smith to 'buy' today, the share price has not responded.
Well, I thought that todays statement was pretty upbeat.... and for a moment, so did Mr Market. But we are at the cusp of a recession in the UK, IMO, and, sticking my neck out a little further in the early stage of a bear market that started in February. My hunch is that the market will remain week for quite a few months, but it is not to say that there is gloom and despondency for the duration. I will be sitting on cash that is generated from my holdings and see no compelling reason to buy or sell until the market has gained composure.
Satisfactory, I would say. Good in increase in dividend.
Strong hold.
Nd
Started: Seaking1, 22 Apr 2022 11:36
Last post: Seaking1, 22 Apr 2022 11:36
Waiting for a return on one of my not so good funds or shares so I can buy in here. With all the money floating around for infrastructure projects coming on stream in the USA and elsewhere, seems a good buy to me.:-).
Started: Alas_Smith, 17 Nov 2021 08:35
Last post: Waltzer, 14 Feb 2022 11:07
I think the main body of the group is stable, This one would seem not with outstanding orders at a record high and since my last post even more key staff have/are leaving. They are not being replaced and this will have a huge impact When the market changes to a less demanding housing sector. The bottom line is that they are only doing well because the demand is there and this it so unless they offload the subsidiary then it will knock a large hole in the proffits! Plus the FD is also leaving ! (so i am told )
I have had a much more positive experience with HILS in my business dealings (highway infrastructure) they are still the goto company for quality, price and delivery, Cant speak for other divisions but ive always found this part of the business to be very capable, hence my investment here. As previous poster mentioned, they are dull but neccessary, not expecting fireworks but slow and steady increase in sp and divi.
Well have just spoken to said subsidiary, Chasing product. Two more staff leaving no plans to replace, FD leaving as well. MD's last company was a bit of a failure they understand. That was answer when i asked what he was doing about the issues. i have been waiting for product since october and still no sign of a delivery date ! Keep feet dry would be my advice
riverbliss, I am in housing and the reputation is shocking staff really down being treated like crap. And in times when the industry is booming no links as they wouldn't want it to get out . I understand they lost a big stockist not that they could supply them ! Sop my money is staying away for this one for the time
Are you able to expand on that Waltz, perhaps with a link to any news? Do you think that's the reason for the sharp sell-off? I am scratching my head because I always assumed this was a slow and steady share, but it's being hammered like its a small-cap, growth, high PE one.
Co. goes xd tomorrow. 12p dividend.
Nd
Started: nextdeal, 25 Nov 2021 18:06
Last post: nextdeal, 25 Nov 2021 18:06
If it's good enough for him...
Nd
Started: Grezzz, 11 Aug 2021 09:16
Last post: Grezzz, 11 Aug 2021 09:16
https://www.insidermedia.com/news/midlands/hill-smith-well-placed-for-strong-profit-growth
Further, U.S. infrastructure budgeting making progress...
Started: Daniel123111, 7 May 2021 23:55
Last post: Daniel123111, 7 May 2021 23:55
Jimsavage ... Does today answer your question
BOOM!
Started: Jimsavage, 14 Mar 2021 14:33
Last post: Jimsavage, 14 Mar 2021 14:33
Is 15.00 a realistic possibility.