Member Info for nicton

Next week (21st). Looking for a confident chairman's statement at the meeting.

The company broker (finnCap) has raised their target price to 62p following last week's trading update. That appears to be a little strange as their previous tp of 55p has never even been approached. Hopefully they know more details on the likely profits outcome than in-the-dark shareholders.

Thanks, nicky, an interesting article. Possibly a lucrative opening.

As expected/hoped for: https://irpages2.equitystory.com/websites/rns_news/English/1100/news-tool---rns---eqs-group.html?article=26963011&company=eleco

Yesterday's RNS confirmed 'progress made across the Group in 2017 and the year end results are anticipated to be in line with market expectations.'; expects no material effect on the group by the liquidation of Carillion. Results to be announced on 27th March Apparently company broker W H Ireland have revised their 2017 forecast to: sales - �75m, ptp - �4.6m, eps - 30.1p and divi of 12.0p/share. I'll be more than pleased with that outcome.

At the Construction Awards ceremony last Thursday (16th November): http://irpages2.equitystory.com/websites/rns_news/English/1100/news-tool---rns---eqs-group.html?article=26722458&company=eleco

http://irpages2.equitystory.com/websites/rns_news/English/1100/news-tool---rns---eqs-group.html?article=26702186&company=eleco

http://irpages2.equitystory.com/websites/rns_news/English/1100/news-tool---rns---eqs-group.html?article=26671105&company=eleco

http://irpages2.equitystory.com/websites/rns_news/English/1100/news-tool---rns---eqs-group.html?article=26662823&company=eleco

[Further to the Chairman's Statement issued with the interim results on 26 June 2017 which confirmed that the Group had established itself on a new trading level, output during the second half was at record levels and, given the volume of deliverable orders on hand, this is likely to be sustained during the new financial year. Margins, which had been depressed by an unfavourable product mix in the first half, responded well to higher volumes and manufacturing efficiencies have improved significantly. Expectations for the year just closed anticipated significant progress and the Board believes it has delivered on this.] 'aint going to help LPA'. Ain't too sure that's been the case!

(Courtesy of ansc) 'A sobering statistic. After the initial placing (@ 10p) back in 2005, there were 127,493,242 shares in issue (with a market value of �12.75m). Following this fund-raising, shares in issue will stand at a staggering 1,635,899,479 (or a 12.8 fold increase); the market value has crept up to �27.81m. Us HDD shareholders are a generous (or should that be idiotic?) lot!' Obviously placing prices have been used for the calculation. It makes you wonder how much fund raising has occurred during the intervening 12 years. Even more disheartening is that we're still only at the 'jam tomorrow' stage. As that proverb goes, "Patience is a virtue". I think we must be overflowing with the stuff!

W H Ireland have upped their target price to 350p. Now forecasting 2017 sales of �72m, ptp of �4.4m, eps of 28.7p and a divi of 11p (which I think is conservative, could easily be 12p); with the offer price at 277p, that gives a yield of nigh on 4%. Happy to be on board!

http://irpages2.equitystory.com/websites/rns_news/English/1100/news-tool---rns---eqs-group.html?article=26477227&company=eleco Sp 7.25p to 47p in 4.5 years that's not bad going!

Impressive to say the least with more forecast to come in their second half: http://www.billington-holdings.plc.uk/aim-information/regulatory-announcements

Scheduled for next Tuesday (19th). Hoping for a positive statement but we already know that the second half is going to be better still.

Made on 20th September last year so not much longer to wait. With the chairman sounding confident in his AR statement, hopefully the figures will be good enough to keep the sp creeping Northwards.

I suspect the next move may not be until after the chairman's AGM statement is released (5th June); obviously hoping that that, from what I've read in the AR, will be very positive.

For the second time in a month the sp is flat-lining which, for ELCO, is unusual ...... I noticed a 100k buy went through yesterday without a flicker to the price (normally it would have jumped) making me think that the MMs are quietly filling a large buy order and therefore happy to soak up what has been fairly persistent selling recently. Happy to hold.

Presumably being in an unfashionable sector puts some investors off but, with a yield of nearly 4% and a p/e of just over 10, BILN looks under-valued to me. Their Annual Report reinforced that feeling and is well worth a read.

With a yield of over 4% and on a p.e. of less than 10, what more do investors want ..... a guarantee! Next week's Annual Report should make pleasant reading.