Member Info for MickTKipper

Forward Statement..... Highlights · Strong trading performance · Underlying business well ahead of prior year · Underlying EBITDA margin up to 17.0% · Huntsmans and former Barr business performing well · Step-up in capital investment on track · Mineral reserves & resources replenished · Several acquisition opportunities under review Looking ahead Peter Tom CBE, Executive Chairman, commented: <b>"Trading during the first half was strong, with both the underlying business and recent acquisitions performing ahead of our expectations.</b> March was a record month for the Group, with exceptional performances from both England and Scotland. <b>"Assuming that current trading conditions continue through the second half of 2015, we believe that market expectations for the year will be exceeded."</b> - ends -

23 July 2015 Breedon Aggregates Limited ("Breedon Aggregates" or "the Group") Interim results (unaudited) for the six months to 30 June 2015 Breedon Aggregates, the UK's largest independent aggregates business, announces its unaudited interim results for the six months ended 30 June 2015. 30 June 2015 30 June 2014 Change Revenue £160.5 million £125.2 million + 28% Underlying EBITDA† £27.3 million £17.8 million + 54% Profit before tax £17.5 million £9.1 million + 92% Underlying basic EPS† 1.29 pence 0.73 pence + 77% Net debt £58.3 million £63.0 million † Underlying results are stated before acquisition related expenses, redundancy and reorganisation costs, property items, amortisation of acquisition intangibles and related tax items. References to an underlying profit measure throughout this Announcement are defined on this basis. 4.5 million tonnes of aggregates sold (30 June 2014: 3.6 million tonnes) 0.9 million tonnes of asphalt sold (30 June 2014: 0.7 million tonnes) 0.4 million cubic metres of ready-mixed concrete sold (30 June 2014: 0.3 million cubic metres) Highlights · Strong trading performance · Underlying business well ahead of prior year · Underlying EBITDA margin up to 17.0% · Huntsmans and former Barr business performing well · Step-up in capital investment on track · Mineral reserves & resources replenished · Several acquisition opportunities under review Looking ahead Peter Tom CBE, Executive Chairman, commented: "Trading during the first half was strong, with both the underlying business and recent acquisitions performing ahead of our expectations. March was a record month for the Group, with exceptional performances from both England and Scotland. "Assuming that current trading conditions continue through the second half of 2015, we believe that market expectations for the year will be exceeded." - ends - The full text of the Group's interim statement is attached, together with detailed financial results. Breedon will host a meeting for invited analysts at 9.00am today and there will be a simultaneous dial-in broadcast of the meeting. Please call 0844 335 0993 to listen to the broadcast. The passcode is 79071269 #. A recording of the meeting will be available to play or download from our website later today at http://www.breedonaggregatesir.com and the presentation can also be viewed or downloaded from the same location from 8.55am this morning.

<b>Historically this looks very cheap was trading on historic P/E of 34.5 last year forecast to fall to just over 20 to 2016, plenty of room for growth. EPS growth 34.3% this year 26.6% 2016 and a PEG of less than 1, top line growth story.</b> BREE Breedon Aggregates Ltd FORECASTS 2015 2016 Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) Cantor Fitzgerald Europe 21-07-15 BUY Peel Hunt LLP 17-07-15 BUY 25.99 1.97 33.47 2.56 Goodbody Stockbrokers 03-07-15 BUY 1.97 2.43 Numis Securities Ltd 03-03-15 ADD 25.60 1.90 30.00 2.2 2015 2016 Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) Consensus 25.84 1.97 32.17 2.50 1 Month Change 0.00 0.00 0.03 0.00 3 Month Change 0.04 0.00 0.31 0.06 GROWTH 2014 (A) 2015 (E) 2016 (E) Norm. EPS 33.41% 34.39% 26.65% DPS % % % INVESTMENT RATIOS 2014 (A) 2015 (E) 2016 (E) EBITDA £38.93m £45.42m £51.67m EBIT £23.53m £29.48m £35.38m Dividend Yield 0.00% % % Dividend Cover x x x PER 34.45x 25.64x 20.24x PEG 1.03f 0.74f 0.76f Net Asset Value PS 14.12p 18.45p 21.06p

BREE Breedon Aggregates broker views....... Date Broker Rec. Price Old target price New target price Notes 08 Jun 15 Cantor Fitzgerald Buy 50.50 - - Reiterates 08 Jun 15 Cantor Fitzgerald Buy 50.50 - 55.00 Initiates/Starts 26 Mar 15 Jefferies International Buy 50.50 50.00 59.00 Upgrades 17 Mar 15 Berenberg Buy 50.50 54.00 56.00 Reiterates 03 Mar 15 Numis Add 50.50 58.00 58.00 Downgrades 02 Feb 15 Goodbody Buy 50.50 - - Reiterates

17 April 2015 Breedon Aggregates Limited ("Breedon Aggregates" or the "Company") AGM Statement At 2.00pm today Peter Tom CBE, Chairman of Breedon Aggregates, will deliver the following statement at the Company's Annual General Meeting: "Trading in the first quarter has been strong. Sales revenue increased by around 30% compared to the same period last year, with acquisitions contributing about half of this growth. Both England and Scotland delivered improved performances and England experienced a particularly strong start to the year on the back of buoyant demand and good weather. "The businesses acquired last year are performing in line with expectations and our existing operations also continue to deliver organic improvement. We have commenced a major planned capital investment programme at the former Barr business, acquired in November last year, which is expected to improve productivity and profitability in the coming months. "The outlook for UK construction, and consequently the demand for our products, continues to be positive. The main political parties have emphasised their commitment to investment in housing and infrastructure, which should drive continuing growth after the election. We remain confident of delivering a performance in line with our expectations in 2015. "We will give a further update on the Group's progress in our interim results announcement on 23 July 2015."

Technically seems we have a seller taking advantage of the spike this morning, but alls on track for the next level of resistance and the high for the stock. http://content.screencast.com/users/thomaser/folders/Default/media/820fd702-c32f-4d50-ba56-664001d520fe/je.%202.jpg

ALD looks way too cheap for a bank sector wise and relatively. Going forward a P/E of just 9.7, when in 2014 it was trading on a P/E multiple of 18.1.....................excellent opportunity to get on board. Cheap as chips. INVESTMENT RATIOS 2014 (A) 2015 (E) 2016 (E) Dividend Yield 0.00% % % Dividend Cover x x x <b>PER 18.17x 11.76x 9.72x</> PEG 0.23f 0.22f 0.47f Net Asset Value PS 105.08p 130.30p 150.70p

It expects the group's first-half results on 4 August to show that orders grew 42% year-on-year.

JPMorgan Cazenove moved to an 'overweight' stance and introduced a 550p price target on the stock, saying the takeaway food website was its top pick in the European online space. Following a period during under which it was unable to publish a rating, the bank said it had integrated the acquisition of Australia's Menulog into its estimates for the company, which lifted its 2016 EBITDA forecast by 20%. JPM sees several potential catalysts for the stock. It expects the group's first-half results on 4 August to show that orders grew 42% year-on-year. The bank pointed to the possibility of further M&A. "In our view, even in-fill M&A would show management active in consolidating positions and continuing to support long-term growth, and therefore is likely to be well received by the market."

It forecasts a 2014-20 compound annual growth rate of 25% in sales and 41% in earnings before interest, tax, depreciation and amortisation.

Just Eat gets a lift as Goldman Sachs reinstates 'buy' rating Wed 15 July updated Mon 20 July 2015 11:18 | A A A (ShareCast News) - Goldman Sachs reinstated its 'buy' rating on Just Eat and added the shares to its Conviction List, with a 560p price target. It said that in addition to rapid growth potential as more takeaway food is ordered online, network effects and platform scalability should drive strong profitability as established markets mature and losses decline in other markets. "The business is highly cash generative, with low capital requirements and negative working capital," said GS. "As market leader in 12 of its 15 countries, Just Eat should benefit as online penetration increases." It forecasts a 2014-20 compound annual growth rate of 25% in sales and 41% in earnings before interest, tax, depreciation and amortisation. Goldman sees recently acquired Australia/New Zealand as a key catalyst for improving profitability and expect its EBITDA margin to reach current UK levels in 2017 from 9% currently. Key risks to the investment case include disruptive action by competitors, market share losses, and lower-than-expected penetration of internet ordering.

<b>20 JUL 2015 Hammerson plc 8.9% Potential Upside Indicated by Exane BNP Paribas BY AMILIA STONE BROKER RATINGS</b> Hammerson plc using EPIC code LON:HMSO had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Exane BNP Paribas. Hammerson plc are listed in the Financials sector within UK Main Market. Exane BNP Paribas have set their target price at 720 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 8.9% from the opening price of 661 GBX. Hammerson plc LON:HMSO has a 50 day moving average of 658.68 GBX and a 200 Day Moving Average share price is recorded at 651.53 GBX. The 1 year high stock price is 708 GBX while the 52 week low for the share price is 537 GBX.

<b>20 JUL 2015 Playtech PLC 16.4% Potential Upside Indicated by Deutsche Bank BY AMILIA STONE BROKER RATINGS</b> Playtech PLC using EPIC code LON:PTEC had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Playtech PLC are listed in the Technology sector within UK Main Market. Deutsche Bank have set a target price of 1040 GBX on its stock. This would imply the analyst believes there is a potential upside of 16.4% from today’s opening price of 893.5 GBX. Playtech PLC LON:PTEC has a 52 week high for the stock of 903.74 GBX while the 52 week low for the stock is 597.5 GBX.

<b>Goldman Sachs reckons savvy investors could make another 28% profit.</b>

Goldman Sachs..... Clearly, Just Eat needs an impressive tech offering to distinguish it from the pack, but as cheaper smartphones become available across the world, mobile is set to become its most important channel. In 2014, UK mobile traffic increased 61%, with orders jumping by 58%. The business generates a lot of cash - the £58 million expected in 2015 should grow to £135 million in 2017 - which will be important for investment in this area, although it is likely to go on a buying spree.

JE. Just Eat Goldman Sachs .....EPS is then set to bounce by 175% in 2016 and 60% in 2017

20 Jul 2015 Playtech Ltd PTEC Deutsche Bank Buy 891.00 891.00 950.00 1,040.00 Reiterates SP TARGET 1040p

<b>Just Eat PLC Receives Conviction-Buy Rating from Goldman Sachs (JE) Posted on July 15, 2015, updated July 20th, 2015 by Robert Jamerson in Analyst Articles - UK, Investing</b> Goldman Sachs restated their conviction-buy rating on shares of Just Eat PLC (LON:JE) in a research note issued to investors on Wednesday, MarketBeat reports. The firm currently has a GBX 560 ($8.68) price target on the stock. Goldman Sachs has also taken action a number of other stocks recently. The firm downgraded shares of Vodafone Group Plc from a buy rating to a neutral rating. Also, Goldman Sachs upgraded shares of Prudential Public Limited Company from a buy rating to a conviction-buy rating. Finally, Goldman Sachs reiterated its hold rating on shares of GoPro Inc. Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. initiated coverage on shares of Just Eat PLC in a research note on Monday. They set an overweight rating and a GBX 550 ($8.53) price target on the stock. Analysts at Barclays reiterated an overweight rating and set a GBX 500 ($7.75) price target on shares of Just Eat PLC in a research note on Thursday, July 9th. Analysts at Jefferies Group reiterated a buy rating and set a GBX 515 ($7.98) price target on shares of Just Eat PLC in a research note on Wednesday, July 8th. Analysts at Canaccord Genuity reiterated a buy rating on shares of Just Eat PLC in a research note on Friday, June 26th. Finally, analysts at Peel Hunt reiterated a hold rating on shares of Just Eat PLC in a research note on Thursday, May 21st. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Just Eat PLC has a consensus rating of Buy and an average target price of GBX 497.43 ($7.71). Shares of Just Eat PLC (LON:JE) opened at 418.00 on Wednesday. Just Eat PLC has a 1-year low of GBX 200.10 and a 1-year high of GBX 524.50. The stock has a 50-day moving average of GBX 422.78 and a 200-day moving average of GBX 397.89. JUST EAT plc is a United Kingdom-based company that operates online market place for restaurant delivery. The Company operates in 13 countries around the globe, including Belgium, Brazil, Canada, Denmark, France, India, Ireland, the Netherlands, Norway, Spain, Sweden, Switzerland and the United Kingdom. It has over 40,800 takeaway restaurants which uses technology platform to offer on-line ordering service. As of 2013, the Company processed over 40 million orders and generated 700 million pounds. The Company also provides JUST EAT mobile application.

<b>JPMorgan Chase & Co. Begins Coverage on Just Eat PLC (JE) Posted by K Gore on Jul 14th, 2015, updated Jul 19th</b> Just Eat PLC logoJPMorgan Chase & Co. started coverage on shares of Just Eat PLC (LON:JE) in a research report sent to investors on Monday morning, AnalystRatings.NET reports. The firm issued an overweight rating and a GBX 550 ($8.53) price target on the stock. JPMorgan Chase & Co. has also taken action a number of other stocks recently. The firm downgraded shares of STMicroelectronics NV from a neutral rating to an underweight rating. Also, JPMorgan Chase & Co. reiterated its buy rating on shares of Goldcorp Inc.. Finally, JPMorgan Chase & Co. reiterated its hold rating on shares of Pan American Silver Corp.. Shares of Just Eat PLC (LON:JE) opened at 418.00 on Monday. Just Eat PLC has a one year low of GBX 200.10 and a one year high of GBX 524.50. The stock’s 50-day moving average is GBX 422.78 and its 200-day moving average is GBX 397.89. JE has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an overweight rating and set a GBX 500 ($7.75) price target on shares of Just Eat PLC in a research note on Thursday, July 9th. Analysts at Jefferies Group reiterated a buy rating and set a GBX 515 ($7.98) price target on shares of Just Eat PLC in a research note on Wednesday, July 8th. Analysts at Canaccord Genuity reiterated a buy rating on shares of Just Eat PLC in a research note on Friday, June 26th. Analysts at Peel Hunt reiterated a hold rating on shares of Just Eat PLC in a research note on Thursday, May 21st. Finally, analysts at Citigroup Inc. raised their price target on shares of Just Eat PLC from GBX 515 ($7.98) to GBX 550 ($8.53) and gave the company a buy rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The stock has an average rating of Buy and an average target price of GBX 482.43 ($7.48). JUST EAT plc is a United Kingdom-based company that operates online market place for restaurant delivery. The Company operates in 13 countries around the globe, including Belgium, Brazil, Canada, Denmark, France, India, Ireland, the Netherlands, Norway, Spain, Sweden, Switzerland and the United Kingdom. It has over 40,800 takeaway restaurants which uses technology platform to offer on-line ordering service. As of 2013, the Company processed over 40 million orders and generated 700 million pounds. The Company also provides JUST EAT mobile application.

Just Eat broker views Date Broker Rec. Price Old target price New target price Notes 15 Jul 15 JP Morgan Cazenove Overweight 437.90 - 550.00 Resumes 15 Jul 15 Goldman Sachs Conviction Buy 437.90 - 560.00 Resumes 09 Jul 15 Barclays Capital Overweight 437.90 500.00 500.00 Reiterates 08 Jul 15 Jefferies International Buy 437.90 515.00 515.00 Reiterates 05 Jun 15 Canaccord Genuity Buy 437.90 - - 13 May 15 Citigroup Buy 437.90 550.00 550.00 Reiterates