Member Info for TripleD

Anyone got any thoughts on how the cost of living crisis may affect Epwin? Well run company in a strong position in their chosen market BUT if household money runs tight who will prioritise replacing roofline or fascia ahead of paying bills, buying holidays, cars, kitchens etc???
I’m thinking sales have got to suffer????

Well that's a little gloomy. Below market expectations (albeit marginally) but with the potential loss of 10% of the current revenue. Will make for an interesting day.

I'd go with .... Brexit,. Government with a wafer thin majority, Massive raw material price increases due to exchange rate, RMI market flat at best, Credit bubble building nicely, Wage growth lagging well behind inflation.

www.edisoninvestmentresearch.com/research/report/epwin-group9/preview/

This has got to be one of the most ignored shares on offer at the moment. Well established Company (comfortably the UK market leader) with some organic growth, but with additional successful acquisitions along the way (Stormking and Ecodek). Plus a well-covered dividend of over 6%. I'd like to think we'll see some institutions paying attention after the first half results. We shall see.

And now the Commercial Director buys 42,000 @ £1.32 ! (although why he didn't buy them a couple of weeks ago 20% cheaper is a bit of a mystery ?

strike price of 86.4p .............. happy days. Directors all taken max allocation - no surprise there!

Apparently got good write-ups in "Shares" and "IC" this week? Will check them out over the weekend.

on a relatively low volume. Perhaps Schroders et al have completed their offloading ?

No issues generating cash. Lots more savings yet to come through from rationalisation (for example, comment about new warehouse at Tamworth site which goes live imminently) Looking forward, new window profile system will be huge, plus associated rainwater products etc. All good.

A little more relaxed here than the daily wait over on WSG !! I still think plenty more to come here over time. £1.20 - £1.30 for sure.

Highlights -- Underlying operating profit before pre-IPO shareholder management charges (*) up 25.8% to GBP19.5 million (2013: GBP15.5 million). -- Adjusted EBITDA (**) increased by 14.5% to GBP24.5 million (2013: GBP21.4 million) and adjusted EBITDA margin to 9.4% from 8.4%. -- Profit before tax increased from GBP7.8 million in 2013 to GBP18.6 million in 2014. -- Revenue from continuing operations increased by 1.6% to GBP259.5 million (2013: GBP255.3 million). -- Positive net cash, GBP1.1 million, at 31 December 2014, up from a net debt position of GBP18.7 million at 31 December 2013. Cash generated from operations before tax up 54.3% at GBP19.9 million (2013: GBP12.9 million). -- Basic earnings per share of 11.56 pence (2013: 4.09 pence). -- Proposed final dividend of 2.83 pence per ordinary share, following on from an interim dividend of 1.41 pence per ordinary share, making the total dividend for the year 4.24 pence per share. (*) Underlying operating profit before pre-IPO shareholder management charges is before amortisation of acquired intangible fixed assets, business re-organisation costs, share based payments and pre-IPO shareholder management charges. Pre-IPO shareholder management charges relate to management services provided by entities controlled by the pre-IPO majority shareholders. These charges ceased from the date of admission to AIM. (**) Adjusted EBITDA is before non-recurring costs, share-based payments, discontinued operations and pre-IPO shareholder management charges. Jon Bednall, Chief Executive Officer, said: "We are pleased to present full year results which demonstrate that we are making progress in delivering our programme of operational improvements to enhance earnings and leverage the scale of the business." "There has been significant under-investment by landlords and property owners in the UK's housing stock and we believe that the Group will benefit from the UK economic upturn in the RMI market, as well as the increased focus on energy efficient buildings. We are well placed to continue to grow our operating profits in line with the expectations at IPO and to capitalise on future market growth opportunities."

Cantor have started coverage of Epwin (16.3.15) with a "buy" recommendation and a target price of £1.50. Nice little bounce on the back of it.

Yep. Finance Director bought £40k. One of my better "holds" amid the market turmoil over the last month or two.

Very happy with that update. Lets hope the SP reacts accordingly ?

Amazed by the lack of interest in this share. Being bought @ 110p this morning, so already up 10% in the first month since float. Hopefully the September update will provide some stimulus.

Nice results from SIG today. Bodes well.

Good solid buying since launch and a slow tick up. Have added some more.

Anyone know where to find the key dates (ex-div etc.) Can't see a link on the website or above? Thanks

Looks a cracking buy for the dividend alone. Also fairly cheaply priced, and I would agree with Simon Thompson;s view of some upside in the SP. Locked a few away in the SIPP