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Anyone holding GFRD? (GFRD)     

ckmtang - 06 Nov 2003 20:17

Chart.aspx?Provider=EODIntra&Code=GFRD&S

skinny - 07 Oct 2011 08:07 - 38 of 107

Promoted to the FTSE250 as of today I believe.

skinny - 11 Nov 2011 07:12 - 39 of 107

Interim Management Statement.

Highlights

Housebuilding

38% growth in sales reserved, contracted or completed to 430 million following an encouraging autumn selling season. 342 million is for the current financial year to 30 June 2012. (2010: 312 million and 212 million respectively).

47% increase in sales per outlet to 0.50 per week from 1 July 2011 (2010: 0.34), averaging 0.60 during the autumn selling season. Selling outlets increased to 82 (2010: 59).

Sales prices achieved in line with expectations. Cancellation rates below the long term average at 16%. Mortgage availability showing signs of improvement.

73% of 10,500 plot land bank (2010: 9,600 plots) secured at current market values. On target to secure all plots required for financial year to 30 June 2013 by February 2012.


Construction

Industry leading cash balances continue.

1.6 billion order book in line with expectations (2010: 1.75 billion).

95% of projected revenues for financial year to 30 June 2012 secured with 58% for year to 30 June 2013. (2010: 91% and 55% respectively).

skinny - 11 Jan 2012 07:09 - 40 of 107

11 JANUARY 2012

GALLIFORD TRY PLC - TRADING UPDATE

Galliford Try plc, the housebuilding and construction group, today provides the following update on trading for the half year ended 31 December 2011. The group expects to announce its results for the half year on 22 February 2012.

Highlights

· Housebuilding

· 59% increase in total completions to a record 1,352 units; 1,216 net of joint venture partners' share (2010: 851 and 779).

· 42% increase in total sales reserved, contracted and completed at £522 million (2010: £367 million). £416 million is for the current financial year to 30 June 2012.

· 36% increase in unit sales per outlet per week to 0.45 (2010: 0.33). Selling outlets increased to 86 (2010: 65).

· 75% of 10,400 plot landbank now secured at current market values (31 December 2010: 62% of 9,500).

· Construction

· 100% of projected revenue for current financial year secured with 62% for year to 30 June 2013 (31 December 2010: 96% and 58% respectively).

· £1.6 billion order book in line with expectations (2010: £1.75 billion).

· 41% of order book in regulated sector, 45% in public and 14% in private maintains a quality spread of future revenues.

Greg Fitzgerald, Chief Executive, commented:

"The board has been encouraged by the progress in housebuilding as our southern biased business performed strongly despite the general economic uncertainty. The spread of long term work in the Group's construction business is underpinning its resilience in challenging market conditions. The Group therefore remains on track to meet its expectations for the financial year."

goldfinger - 20 Feb 2012 09:32 - 41 of 107

Following a very strong trading statement last month, Panmure Gordon's analyst, Mark Hughes, is confident that not only will Galliford Try report a "strong" set of first half interim results, but that it will upgrade full-year forecasts.

He forecasts a pre-tax profit of £25.5 million, with net debt coming in at £70 million.

The stock is the most undervalued stock in the sector, trading on a 2012 price to earnings ratio of about 8.5 times, a 45% discount to the sector. The stock also offers a dividend yield of about 4.5%.

http://www.iii.co.uk/articles/25853/week-ahead

goldfinger - 20 Feb 2012 14:03 - 42 of 107

A full set of broker BUY recommendations.

A forward P/E of just over 8 to next
year, way undervalued.

Been left behind by the sector.
Should be put right on wednesday.

from hemscott premium

Galliford Try PLC

FORECASTS WIRES 2012 2013
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Panmure Gordon
17-02-12 BUY 60.00 54.30 22.00 70.50 64.40 25.00
Peel Hunt
16-02-12 BUY 60.40 55.24 22.00 66.85 61.15 27.00
The Royal Bank of Scotland NV
28-11-11 BUY 60.00 54.58 22.00
Arbuthnot Securities
11-10-11 BUY 60.00 52.60 22.00 68.00 59.60 26.00
Numis Securities Ltd
14-09-11 BUY 58.00 52.20 22.00 65.30 58.80 26.00

2012 2013
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 59.94 54.19 22.00 68.42 62.05 25.90
1 Month Change 0.06 0.13 0.00 0.17 0.25 -0.03
3 Month Change 0.17 0.33 0.00 0.41 0.64 -0.09


GROWTH
2011 (A) 2012 (E) 2013 (E)

Norm. EPS 67.48% 74.84% 14.51%
DPS 25.69% 60.58% 17.73%

INVESTMENT RATIOS
2011 (A) 2012 (E) 2013 (E)

EBITDA £41.40m £70.71m £81.58m
EBIT £38.10m £m £m
Dividend Yield 2.74% 4.40% 5.18%
Dividend Cover 2.26x 2.46x 2.40x
PER 16.13x 9.23x 8.06x
PEG 0.24f 0.12f 0.56f
Net Asset Value PS 388.58p 647.63p p

goldfinger - 20 Feb 2012 15:53 - 43 of 107

Date Broker name New Price Old price target New price target Broker change

17-Feb-12 Panmure Gordon Buy 500.00p 581.00p

Broker target 581p.

goldfinger - 21 Feb 2012 16:10 - 44 of 107

From IG INDEX a proxy for longs and
shorts, updates every 15 mins...

Client Sentiment

LONG 100% of IG clients with open positions in this market expect the price to rise

0% of IG clients with open positions in this market expect the price to fall

goldfinger - 21 Feb 2012 21:36 - 45 of 107

GFRD Galliford Try

Looking for Solid results here wed
morning.

Technicaly chart is set up for further
rises.

gfrd%2020.JPG

skinny - 22 Feb 2012 07:10 - 46 of 107

Half Yearly Report.

GALLIFORD TRY PLC - HALF YEAR REPORT FOR THE SIX MONTHS ENDED 31 DECEMBER 2011

HIGHLIGHTS


Financial H1 2012 to H1 2011 to Increase
31 Dec 2011 31 Dec 2010

* Group revenue (1) GBP746.8m GBP575.9m 30%

* Profit before tax GBP32.2m GBP17.0m 89%

* Earnings per share 31.1p 14.8p 110%

* Dividend per share 9.0p 4.5p 100%


Group

· Confident of delivering objectives of three year housebuilding expansion plan.
· PBT increased by 89%, EPS increased by 110%.
· Net debt of £69.8 million in line with expectations (H1 2011: £30.7 million).
· Disciplined housebuilding strategy focused on existing regions and market segments.
· Enhanced dividend and continuation of progressive dividend policy.

Housebuilding

· 59% increase in total completions to a record 1,352 units: 1,216 net of joint venture partner share (H1 2011: 851 and 779).

· 11.0% housebuilding margin (excluding a significant land sale made in the period) showing further strong progress (H1 2011: 6.5%).

· 34% increase in total sales currently reserved contracted and completed at £605 million (H1 2011: £450 million), of which sales for the current financial year are up 63% at £480 million (H1 2011: £294 million) representing 78% of this financial year's projected revenue.

· 100% of plots for planned production in 2012 and 2013 now secured, with 76% of 10,700 plot land bank acquired at current market values.

Construction

· 2.2% construction margin holding up well in difficult market (H1 2011: 2.5%).

· Continued focus on contracts with acceptable returns. Value of order book in line with expectations at £1.6 billion (H1 2011: £1.75 billion), underpinned by strength in long term frameworks for infrastructure projects. 100% of 2012 projected revenues have been secured, with 67% for 2013 (H1 2011: 100% and 61%).

· Construction cash balance of £149 million in line with forecasts (H1 2011: £174 million).

goldfinger - 22 Feb 2012 08:01 - 47 of 107

Excelent results easily smashes through
concensus profit figure of pre tax £25.5
million expected.

http://www.an ADVFN competitor.com/action/news/showArticle?id=4313986

Should see a re - rating from here and brokers
flocking in with BUY recomendations.

skinny - 22 Feb 2012 09:12 - 48 of 107

In auction!

goldfinger - 22 Feb 2012 09:52 - 49 of 107

UP 11% yeeeeeeeeeee haaaaaaaaaaaaaa

skinny - 24 Feb 2012 15:49 - 50 of 107

Are we there yet?

Chart.aspx?Provider=EODIntra&Code=GFRD&S

skinny - 05 Mar 2012 07:12 - 51 of 107

GALLIFORD TRY WINS TWO WATER CONTRACTS TOTALLING £49 MILLION

Galliford Try, the housebuilding and construction group, announces that it has been awarded a pair of contracts worth a total of £49 million by Yorkshire Water to upgrade the Blackburn Meadows waste water treatment plant in Sheffield.

The larger of the contracts is worth £31m and will ensure that Blackburn Meadows meets the requirements of the EU's Freshwater Fish Directive. The programme will last approximately 18 months. The second scheme is worth £18 million and will result in a new mesophilic anaerobic digestion plant.

Greg Fitzgerald, Chief Executive of Galliford Try, commented:

"We are delighted to secure such substantial and significant schemes from one of our longest standing clients. We have considerable expertise and experience of anaerobic digestion from other water clients and we're glad to have the opportunity to share this with Yorkshire Water."

skinny - 20 Mar 2012 07:35 - 52 of 107

RNS Number : 6470Z

Galliford Try PLC

20 March 2012

GALLIFORD TRY SECURES NEW DEVELOPMENT CONTRACTS WORTH GBP56 MILLION

Galliford Try, the housebuilding and construction group, announces that its Partnerships business has been appointed to deliver projects providing in excess of GBP56 million of new developments in Greater London.

The business has reached financial close on a GBP27 million development in White City for: West London LIFT, part of the Fulcrum Infrastructure Management group of companies; Notting Hill Home Ownership; and Hammersmith & Fulham Primary Care Trust. The development will feature a new health and social care centre, 170 mixed tenure apartments and further community facilities.

Under further contracts the Partnerships business will build three new major affordable housing developments for established housing association clients.

The first involves a 60-home mixed tenure project in the Aylesbury Estate area of South London for London and Quadrant, valued at GBP8.1m. The second is the St Edmunds Terrace development in North London for The Guinness Partnership, which features a mix of 64 affordable homes and private sale homes worth GBP10.4m in total. The third comprises the Three Colts Lane scheme in Tower Hamlets, which will see 67 mixed tenure homes provided for Peabody with a contract value of GBP10.7m.

Galliford Try Chief Executive Greg Fitzgerald commented:

"We are delighted at the success of our Partnerships brand in winning these significant contracts within the Greater London area.

"The track record of the business goes before it and we look forward to working with our partners to develop the high quality public buildings and affordable housing that these communities are asking for."

skinny - 26 Mar 2012 07:22 - 53 of 107

GALLIFORD TRY WINS £49 MILLION IN COMMERCIAL BUILDING CONTRACTS

Galliford Try plc, the housebuilding and construction group, has announced the award of three new contracts in the commercial building sector worth £49.4 million.

First, in the central London office sector Galliford Try has been selected by Green Property (UK) Ltd for a £27 million project to create 100,000 sq ft of Category A office space in the St James's Park area. In addition, Royal London Mutual Insurance have instructed Galliford Try to refurbish and extend 6,500 sq m of office space at 1A Wimpole Street in a contract worth £8.9 million.

In the Midlands, Galliford Try have also been engaged by Aviva Investors and Citycourt Estates to construct the new Warwickshire Shopping Park at Binley near Coventry. The £13.5 million retail park is expected to complete in January 2013 and will feature 24 retail units and community spaces, with Marks & Spencer, Boots and Asda already committed to the project.

Galliford Try Chief Executive Greg Fitzgerald said:

"We are delighted to have won such significant contracts in the commercial sector. The London office sector remains an important market for us, while the Warwickshire Shopping Park is yet another landmark project for Galliford Try in the Midlands region."

skinny - 02 Apr 2012 07:03 - 54 of 107

RNS Number : 5211A

Galliford Try PLC

02 April 2012

GALLIFORD TRY REACHES FINANCIAL CLOSE ON GBP347 MILLION GATESHEAD REGENERATION PROGRAMME

Galliford Try plc, the housebuilding and construction group, announces that it has reached financial close on the GBP347 million Gateshead regeneration programme announced in April 2011.

Galliford Try's consortium with Gateshead Council and housing association Home Group will now form a Local Asset Backed Vehicle to build 2,400 homes and associated community facilities, for both private sale and affordable housing.

Work is expected to start on the first sites later this year and continue over the next 15 years, with the first package of three sites seeing the development of 318 homes, 55 of which will be for affordable tenures. All homes will exceed current Homes & Communities Agency space standards.

Galliford Try chief executive Greg Fitzgerald commented:

"We are delighted to have reached an agreement with our partners to build this much-needed housing in the Gateshead area. We believe that this new local asset backed model with Gateshead Council and Home Group represents an innovative solution to enable Galliford Try and its partners to significantly improve affordable homes supply and sustainable communities in the North East."

skinny - 09 May 2012 07:19 - 55 of 107

Interim Mangement Results.

Housebuilding

· Strong sales in the year to date with 97% of sales for the financial year in hand.

· £774 million of sales reserved, contracted or completed, of which £625 million is for the current financial year to 30 June 2012 (2011: £540 million and £371 million respectively).

· 100% of plots secured for 2013. 80% of plots secured for FY 2014.

· Land availability remains good with the landbank standing at 10,600 of which 78% is secured at current market values (2011: 67% of 10,150).

Construction

· Stable order book at £1.6 billion (31 December 2011: £1.6 billion).

· Significant project wins in the period including financial close on the £347 million Gateshead Regeneration programme, a total of £117 million of projects for Anglian Water, Scottish Water and Yorkshire Water, £56 million of Partnerships development contracts and £49 million in the commercial building sector.

· Cash balances are in line with our expectations.

· 80% of next year's revenue secured (2011: 72%).

skinny - 17 May 2012 07:12 - 56 of 107

GALLIFORD TRY AWARDED £80 MILLION KINGSKERSWELL BYPASS CONTRACT

Galliford Try, the housebuilding and construction group, announces that it has been awarded an £80 million contract to construct the A380 South Devon Link Road for Devon County Council and Torbay Council.

The 5km dual carriageway will run between Newton Abbot and Torquay, bypassing the village of Kingskerswell. The majority of the scheme is funded by the Department of Transport with significant additional support from Devon County Council and Torbay Council. Detailed design work is due to begin this month with construction to complete by the end of 2015.

Greg Fitzgerald, Chief Executive of Galliford Try, commented:

"We are delighted to be awarded this major and prestigious contract which will result in significant economic and environmental benefits and also improve safety. The link road is a great opportunity for us to further strengthen our presence in the south-west, a region where we are well established as a housebuilder."

doodlebug - 29 May 2012 15:27 - 57 of 107

Price to buy on 7th November 2003 was 41p = today it's £6.02. Very nice for those who stuck with it over the years!
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