Market's view on Billington
Published on April 2024
- Executive directors holding a significant share of the company is seen as positive.
- A SIGnet meeting is scheduled to analyse full-year results presentation.
- Frustration is expressed over the stock’s lack of movement despite strong results and a good dividend history.
- A financial analysis update is available on Cavendish’s research portal.
- Comparison of stock reactions to financial results between SFR and BILN is noted.
- Tubecon operations restart mentioned.
- Positive impact noted from hiring staff from a recently bankrupt bridge construction company.
- Annual results for Billington Holdings PLC for the year ended 31 December 2023 are released.
- Cavendish report highlights strong growth and robust financial position, suggesting good potential for mergers and acquisitions.
- Anticipation of share price boost from upcoming full year results and potential profit increase from acquisitions.
- Initial impression of the company is positive based on half-year results and outlook.
- Significant new contracts have been secured, enhancing the order book to a record high.
- Positive sentiment on doubling investment in the company, influenced by decreasing energy costs and reduced competition due to industry bankruptcies.
- Confidence in the company’s financial stability and future revenue due to a cash-rich position and a record order book.
- Excitement about securing £90m worth of orders, nearly a year’s worth of work.
- Positive outlook for the company, regarded as well-managed and performing strongly.
- Eager anticipation for the April results following a positive news release.
- Optimism about the stock reaching a higher price point for a fair price-to-earnings ratio.