We design, develop and manufacture the most comprehensive range of plastic piping products in the UK, with over 20,000 products available. Our primary focus is on developing and supporting pragmatic product systems through specific knowledge and understanding of the residential, commercial, civils and infrastructure market sectors. We ensure that customers can trust our significant sales and technical expertise to provide value engineered, fit for purpose piping solutions for the growing diversity and complexity of construction and building technology challenges they face. -

Last year Polypipe generated sales of £301m and adjusted cash profits of £54m, giving an adjusted operating margin of 18 per cent.

Polypipe’s birth as a publicly-listed company comes at a time when the Construction Products Association is estimating that spending on roads, water and sewage, electricity and rail is expected to grow by 8.3 per cent this year, and rising in 2015 by 18.2 per cent. And on the house construction side, output is expected to grow to pre-recession levels some time next year. Given its strong position as the UK’s leading plastic pipe manufacturer, the company could be an interesting one to watch.

http://www.polypipe.com/

A bit different from post 6 - Naked Trader - There are good signs of some buying in boring Polypipe, maybe it won't be boring for much longer

The Naked trader today - There are good signs of some buying in boring Polypipe, maybe it won't be boring for much longer. Patience should pay!

From across the road.........

--------- 3 Jul'14 - 15:37 - 174134 of 174156 0 0

Been adding Polypipe (PLP) recently:

SCSW June Issue @258p. 24% market share of plastic pipes and fittings:

"it’s worth highlighting that unlike much of the building sector, the shares don’t look mad expensive at this point in the cycle. For last year to 31 December Polypipe made £24.5m pretax (eps 10p) but forecasts from Numis for this year and next are £34.6m pretax (eps 14.8p) and £44.6m (eps 18.7p). Those numbers would drop the prospective PE ratio to 17.4 and then 13.8, which would look attractive if, as anticipated, the shares get transferred to the FTSE-250 in future. Buy."

Cheers g.

Should be out saturday. Thats the Tip sheet.

No Yank market tomorrow so fingers crossed hopefully non volatile DC.

fingers crossed.

7 Jul Deutsche Bank 277.00 Hold

Trading Statement

RNS


RNS Number : 5982L

Polypipe Group PLC

08 July 2014








8 July 2014

Polypipe Group plc

Trading Update



Polypipe Group plc ("Polypipe" or the "Group"), a leading manufacturer of plastic piping systems for the residential, commercial, civils and infrastructure sectors, today announces an update on trading for the five months ended 31 May 2014. The purpose of this announcement is to inform the market of progress since the company's IPO in April 2014. Polypipe will report its interim results for the six months ending 30 June 2014 on 18 August 2014.



The Group has maintained its positive trading performance in 2014, with results for the first five months of the year ahead of the same period in the prior year, as well as budget.



Both divisions - Residential Piping Systems division and Commercial and Infrastructure Piping Systems - performed ahead of the same period last year, with Group revenue for the five months ended 31 May 2014 increasing by 11.4% as compared to the same period last year. In addition, Group EBITDA margins improved compared to the same period last year.



As set out in the Polypipe's IPO prospectus dated 11 April 2014, following admission of the Company's shares to trading, the Company issued a redemption notice to the holders of the Group's £150 million 9.5% Senior Secured Notes due in 2015 (the "Notes"). The Notes were refinanced using the Group's new £120 million five year term loan facility and existing cash resources. Polypipe confirms that the redemption of the Notes has now been completed.



The Directors are confident about the current prospects of the Group and the outturn for the financial year.



David Hall, Chief Executive Officer, commented:

"I am delighted with the progress that Polypipe has continued to make following the Group's successful IPO in April 2014. This is a strong performance, even once you factor in last year's market weakness, and we remain confident about the Group's current prospects for the full year

Numis yesterday buy tp 300p, Deutsche today 277p hold

good trading update, surely likely to be benefitting big time with the level of construction now picking up.

24 Jul Deutsche Bank 277.00 Hold

Canaccord Genuity Buy 246.88 244.00 - 281.00 Initiates/Starts

Interim Result
18 Aug 14 Polypipe Group Plc Ords 0.10p [PLP]

Half Yearly Report


Financial Highlights



· Delivering the strategy set out during successful IPO in April

· UK construction market recovery combined with strategic focus on structural growth opportunities led to revenue growth in the UK of 12.9% (Group 11%) over H1 2013

· Improved UK volumes resulted in Group operating profit increasing by 29% to £22.7m1

· Refinancing of Senior Secured Notes successfully completed; significantly reducing future financing costs

· Maiden interim dividend of 1.5 pence per share





Operational Highlights



· Strong demand for residential piping systems from UK housebuilders, increasingly from smaller developers and projects outside of London and the South-East

· Good demand from road and rail projects and the development of high rise, multi-occupancy buildings in London

· Sharp increase in sales of Water Management Solutions, driven by the growing need for flood alleviation schemes

· Strong sales growth in the Middle East and to mining infrastructure projects in Africa



http://www.moneyam.com/action/news/showArticle?id=4869837

18 Aug Canaccord... 281.00 Buy
18 Aug Numis 300.00 Buy

Plus Deutsche 18 Aug, hold 278

13 Oct Deutsche Bank 278.00 Hold

30 Oct Deutsche Bank 278.00 Hold

Dreamcatcher,

You seem to push an amazing number of companies.

On average, how long do you hold them before, or after your postings?

It would be interesting to see the trading spread on some of them.

Just interested.

I personally look at tips, but steer clear of many of them.

No set rules Fred1new. Many are up and coming comps. Some have tailed off and am waiting good re-entry points. Others are long holds due to the current market conditions. I can generally see by the counters that hopefully the threads attract reading interest. The share tips thread is just for a read and may give some readers some ideas.

No relationship with doodlebug?