The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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I agree this SP should be far higher. Update next week should give it a bounce.
Finally - a decent up day. Big holding for me so fingers and toes crossed for a very positive update at end of the month (I think that's when it's due). With reports of very healthy new car sales plus strong white goods sales from the likes of AO, I'm hopeful.
Nice broker rating today. Trading update due later this month will exceed market expectations IMO & this is not reflected in current SP. This SP should be 30% higher by end of March 15 IMO.
spooking this downwards for the second day running
Looks like they bought them back today LOL
Someone sold 3 shares?!?! The dealing commission would have come to more than the sale proceeds!
Good news reflecting the views of broker ratings.
Positive update from ST in IC today and reiterates his 140p target
Ratio of buys to sell, this should take-off
I expected the sp to be more nearer 1.30 with this news !!! Maybe by Friday???
Turnover was £74m for half-year to 30th September
The order book position and current levels of organic growth are such that the Board remains optimistic about the Group's outlook and expects trading to exceed its expectations for the financial year as a whole.
Simon thompson recommends buy http://www.investorschronicle.co.uk/2014/11/11/shares/news-and-analysis/news-tips-taylor-wimpey-parkmead-vodafone-more-oahby2tQ46pFOOyovBxw5I/article.html
Now out of the way... Onwards and Upwards!
Phew.... this one of my largest holdings so very happy today.
Continues... Nice large buys and she may move soon!
Nice buys being executed...
Half-yearly financial report for the six months ended 30 September 2014 "Solid underlying organic growth - best trading period ever" "The Board remains optimistic about the Group's outlook and expects trading to exceed its expectations for the financial year" Key financials Continuing operations Change HY 2014 v HY 2013 Half-year 30.9.14 Half-year 30.9.13 Full year 31.3.14 Ø Group revenue +13.4% £74.03m £65.26m £129.78m Ø Gross profit % +130bps 29.0% 27.7% 27.7% Ø Operating profit before separately disclosed items +45.6% £7.07m £4.86m £9.70m Ø Operating profit +15.9% £5.39m £4.65m £9.41m Ø Pre-tax profit before separately disclosed items +45.6% £6.63m £4.55m £9.16m Ø Pre-tax profit +13.8% £4.94m £4.34m £8.87m Ø Adjusted diluted earnings per share +39.5% 4.10p 2.94p 5.95p Ø Basic earnings per share +1.3% 3.10p 3.06p 6.08p Ø Dividend -interim +50.0% - 0.60p - 0.40p 1.40p Ø Net (debt) / cash (£17.53m) £3.55m £2.03m Ø Return on capital employed (ROCE) +210bps 17.3% 15.2% 15.5% 2014 highlights Ø Best six month's profit in the Company's history Ø Gross margin up 130bps to 29.0% Ø Overheads as a percentage of revenue reduced by 80bps to 19.4% over HY2013 period Ø VIC acquisition in May 2014 has integrated well and contributed as expected during the period Ø New investment in manufacturing plant initiated in Italy, Malaysia and Taiwan Ø Continue to extend our geographic boundaries in the USA, Central Europe and Thailand Ø Additional sales engineers recruited, inducted and starting to introduce new business Ø Sales to distributors from Lancaster Fastener growing well into most of EU "During the period VIC has performed and integrated well; both VIC and TR management are encouraged by the growth opportunities deriving from sales and marketing working together." "By recruiting several additional sales engineers for the automotive and telecoms sectors during the first half year, we now have the necessary resources to continue the pace of organic growth. These investments have also been matched with new manufacturing plant for Italy and Asia, thus allowing more production to be placed in-house." "Meanwhile, margin improvement continues to be driven by on-going operational process efficiencies, particularly in warehouse storage, order picking and packaging. The 'self-help' programme initiated back in 2011 keeps on giving with regard to productivity and cost efficiencies, and clearly forms a solid foundation to the now well established 'continuous improvement' philosophy and culture." "In late October, we conducted an in-depth audit of our order pipeline and concluded t
The market has taken the results rather well! As Always... DYOR!
She's moving and a sea of blue...
Yes...really encouraging ! This share was one that was picked by I think Mark Slater a few months ago as being one of the best investments around; I see we are going to get a 50% increase in dividend....not that it amounts to a huge sum, but it does show confidence.
Great results, onwards & upwards. 2014 highlights Ø Best six month's profit in the Company's history Ø Gross margin up 130bps to 29.0% Ø Overheads as a percentage of revenue reduced by 80bps to 19.4% over HY2013 period Ø VIC acquisition in May 2014 has integrated well and contributed as expected during the period Ø New investment in manufacturing plant initiated in Italy, Malaysia and Taiwan Ø Continue to extend our geographic boundaries in the USA, Central Europe and Thailand Ø Additional sales engineers recruited, inducted and starting to introduce new business Ø Sales to distributors from Lancaster Fastener growing well into most of EU
Results....
Mostly purchases today but SP down another 1P and has been drifting for a while. Update tomorrow so I guess all will be revealed then.
my last buy was at 16/10/14 i hope i made the right move.