.............Because i thought it would be rather a smart thing to do, of course..............
Greenfield (GFC) might be called a load of cr*p.........

.........but GFC is actually a very smart little company. They reversed into one of the many AIM cash shells late last year. They are a groundworks business, laying foundations for buildings, doing sewer connections and topsoil removal and excavation work. Heady exciting stuff of course.
Last year's pre-tax profit was 480k and in the first four months this year, business is reportedly 40% ahead of the same period last year. Among clients are builders like Bellway, Barratt and Wimpey. At 14p the market cap is a decidedly understated 4.5 million trading on about a miserly prospective p/e of 8. They are about to move to a premises no less than eight times the size of their current HQ, and expect to grow both organically and by acquiring companies in related businesses, such as landscaping and surfacing.
Also at present it is a regional player, but its customers are national, which will enable significant further expansion.
One of the best acquisitions by a cash shell for some considerable time, I reckon the shares should be at least 50% higher.

You know what they say, where there's muck, there's brass! Buy at 14p.

New here, Hi All

I find this company interesting .....not sure why..YET. Possible their acquisitive nature.....especially their latest move, into larger premises because they WILL need them........thats positive.

Hi Goldfinger, note your warning, will certainly heed when it comes to buying Thanks.
Are you in a position to share "heard what I have" information, be gratful but fully understand a confidence etc........

regards

Perhaps you would care to be a bit more company specific GF, as your posts are currently unhelpful - or is it just (more likely imho) you are aching to get in, but want the price to fall because of some vague implied negativity?

One such company in America is totally owned by the 'family'. Why? Well such work as is engaged in by GFC is complementary to the task of 'disposing' of unwanted business rivals. How many happy, contented 'perfect' US families have the last resting place of a local mobster beneath their cellar. Now. Whilst GFC is, probably, an excellent business in their own right maybe, just maybe, they should keep a watchful eye on their stockholder list and, thus, avoid any future taint.(of course, you dont even need to be a stockholder. Just keep an eye on when the excavations are due and pop the lucky person in at the right stage}

I suppose you are right Hilldee, don't want 'em digging up an 'ex'-mobster every day now, do we, lol!! :) Keep takin' them tablets! :S
Ah, the oldest story in the book, now I see, GF, you've posted elsewhere you've a friend who works for a rival - no wonder you want to talk down GFC! No doubt you'll tell us she thinks her lot are better, this lot have no chance, blah, yawn, lol!!

Thankyou Hilldee, we dont want on this site to be investing in ex mobsters as hawick puts it. His words not ours.

*Edited Sunday at 11.30pm, not putting in a new post as thats Harwicks game plan to get it at the very top of the board. I suggest Ethel you check out the market caps of both companies and then decide if there would be any credit behind Harwicks silly idea that this one could buy out Enterprise. NOT A CHANCE. I repeat wouldnt touch this one with a bargepole.

cheers Gf.

To get back to the (British) company in question, rather than GF and Hilldee's witty if rather dippy diversions, (it was Colombia and Afghanistan in the movies I watched - oh and Sicily!) had another look at the chart, looking like has formed a new support, met very little volume resistance and i expect these to break out to upside in the next week or two.

What HAVE you heard,Goldfinger?????Tell us more please.
Ethel

Ethel, GF has heard zilch, his chum works for a rival and he doesn't like the fact GFC might be in the market to buy them out.
So he is deliberately putting people off imho so they won't buy.
And I thought he was better than that.
All highly noble of course, for his pal, but he needs to get over his pride problem. Ends.

How can GF say this is pile of sh*t when it's gone up 50% in the past 2 months.
Of course the secret is to get out with the 50% profit. If you can do that and move on then surely the investment is a success ?.
I for one will be buying in this morning..I'm going to be happy with 50% but see this going to 100%+ from here, over the next 12/24 mnths... here goes !

Welcome on board if you confirm your buy skyhigh, i am sure you won't regret it, I think GF will look back on his efforts in this thread with some embarrassment.

Ethel i invited GF to p-m me on another board if he had concerns. As i confidently expected he did not reply, which confirms absolutely to me he is determined to talk these down and buy in himself. His only 'concern' imho is to see a lower price first.
Longer term uptrend tested and stayed intact nicely Friday.

Hawick,
Yes, I bought in a few weeks ago.. small time. However, as is usual, when I go in on a share it promptly goes down ! lost about 1.5p so far.. will have to consider getting out at a stop loss soon if carries on this way !
Anyway still consider this to be a med-long term share and expect GFC to double by end of year, if not sooner.

Skyhigh if you believe in the company that much, why sell to find a different bagger! I added this week - balancing down not my favourite strategy - (despite Cheltenham's distractions!). Not having any pop at you atall, but I think this need for instant gratification these days is a problem bulletin boards have created by raising expectations way too high.

Post 19 total tosh. Some people dont recognise help when it stares them straight in the face.

cheers GF.

Who offers more, Goldfinger or Investors Chronicle - you decide.

GF managed; with that ever analytical eye:

"total tosh."

Whereas IC managed:

"GREENFIELD CONSTRUCTION (GFC)

12p - Aim - Next month, groundworks specialist Greenfield Construction is due to move to new premises eight times the size of its current site. It is a signal of the ambitions of a management team that hopes to build a much larger group by acquisition. And with a record order book already, plus a healthy pipeline of future business, Greenfield is worth a closer look.

Although founded in 2001, Greenfield is new to the stock market. Based in Sutton-in-Ashfield, it was acquired by shell company Hightower last November for 1.8m in cash and shares. The deal was a reverse takeover and led to a name-change.

Its groundworks business carries out the removal of top soil, sewer connection, excavation and foundation-laying. Clients include major housebuilders such as Barratt, Wimpey and Bellway, and estimates suggest that 90 per cent of builders now outsource their groundworks. Greenfield focuses on new-build developments, with contracts typically worth 1m over three years for about 90 homes. Contracts can span anything from four to 48 months.

Greenfield has a strong reputation in the Midlands and, as the company has grown so, too, have margins, thanks to improved buying. Construction workers are employed directly, and equipment is leased. Trading is strong, with sales in the first four months of the current year ahead by a chunky 40 per cent, to 2.8m.

Until now, Greenfield has expanded by word of mouth and due to the quality of its service. But, further out, there is the opportunity to expand geographically, in line with many of its national housebuilder clients.

The construction services market is highly fragmented so future acquisitions could, for example, include direct competitors or companies involved in road-resurfacing or landscaping. Greenfield trades on just seven times current-year earnings, and this falls to six times in 2006. This is a significant discount to the sector, and offers considerable scope for a rerating. Buy."

Tricky,careful now!!! :)

LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL.

Dear Scotland Im smashing them on their average gain this year , I suspect you may indeed be just scraping it. LOL LOL LOL LOL LOL LOL LOL.

cheers GF.

Not a word about the company from GF, as with all his posts in this thread which I invite others to read in isolation and report back what they have gleaned about GFC. It shouldn't take long!!!
When you are in a hole GF........

Unusual announcement yesterday....sales beating market expectations
...earnings 40% up, but due to new sites start ups and old site
conclusions, overall earnings won't meet market forecasts.

What's your views on the above then Hawick and GF?

HI paragon, Id forgotten about this thread on here. It was a profit warning. I did warn hawick but he chose to ignore my warning.

He now says on other boards there were positives well If hes meaning revenues forget it, the only thing the market is interested in is meeting of profit forecasts. You know what they say dont you................

profit warnings come in threes.

cheers GF.