i'd like some advise on this stock, new to share's but have a large holding at present, company figures look good, but share price seems to be under valued, any thoughts would help, i have a target figure of 22.00 end of year.

Stonking performance so far this year - unfortunately I only have a peppercorn holding atm.

Does the ''atm'' mean from 8am you may have a few more. :-))

:-) No - I've been selling a few trinkets in the sector - its all getting a bit too 'fizzy' IMO.

lol, May well rise with the Midas tip, 8am will reveal all.

New Group Finance Director to join in April

Further to the announcement on 24 October 2012 regarding the appointment of Tony Buffin as the Company's new Group Finance Director, the Company can now confirm that his date of joining will be 8 April 2013.

Travis Perkins acquires Solfex Energy Systems

Travis Perkins announces the acquisition of renewable energy distribution specialists, Solfex Energy Systems ("Solfex").

Solfex was formed in 2006 by Stuart and Susan Cooper and operates as an integrator of renewable energy systems, using its distribution platform to integrate and supply components to the UK's renewable companies. The business provides a value-added service to customers through comprehensive technical and customer support. In September 2011, it secured equity investment from Panoramic Growth Equity.

Solfex has generated a cumulative annual revenue growth rate of 179% over the past three years, and in December 2012, was listed as the UK's fifth fastest growing private company in the Sunday Times Virgin Fast Track 100. In its last financial year, Solfex achieved revenues of £21.9m and an operating profit of £2.2m. Initial cash consideration was £8m with further amounts due depending on performance.

CREF Investment Management > 4%

Preliminary Results

SUSTAINED OPERATING MARGIN AND STRONG CASH GENERATION; FULL YEAR DIVIDEND UP 25%

FINANCIAL HIGHLIGHTS

· Group revenue up 1.4% at £4,845m, down 1.4% on a like-for-like basis
· Adjusted operating profit, up 4.3% to £327m, adjusted PBT up 1.1% to £300m, and adjusted EPS up 2.1% to 95.1p
· Reported PBT after exceptional items (note 6 and note 9) up 16.2% to £313m
· Sustained adjusted operating margin to 6.7%
· Free cash flow generated of £242m
· Underlying £155m debt reduction, net debt down to £452m, with lease adjusted net debt to EBITDAR at 3.2x (2011: 3.4x) (note 17)
· Full year dividend of 25p per share up 25%, with adjusted dividend cover now 3.8 times

OPERATING HIGHLIGHTS

· Increased BSS synergy target achieved and integration programme near completion
· Toolstation network expansion to 123 branches and Toolstation Europe trial launched in the Netherlands
· Gross margin before synergies increased by 0.2%
· Tight cost control, like-for-like overheads down 2.3%
· Solfex systems acquired on 30 January 2013 for initial consideration of £8m

Very nice chart :-)

New highs today @1,461p

What Travis Perkins (TPK) don't want - after a year in which non-stop rain reduced building site and outdoor DIY activity - is an extended winter that eats into what should be Spring activity. But that's exactly what we have at the moment.

With the share price having gone from 1100 to 1200, 1300 and 1400p in this first 3 months of 2013, there will presumably be a few investors banking profits ahead of the tax year end next week.

Fellow DIY materials supplier B&Q this week announced a plan to cut back floor space and close stores after a drastic drop in sales.

The building materials group Wolsely (WOS) has reported a 20% fall in half year profits to £199m, with strong growth in the US outweighed by problems in Europe and the UK. These conditions have persisted into the third quarter, and analysts reckoned the difficulties probably dampened hopes of a special dividend payout. It has already cut 990 jobs across Europe since August and has announced a restructuring of its French business Reseau Pro which involves the closure of 24 loss making branches and the disposal of 88 others.

Interim Management Statement

Group revenue for the four month period ended 30 April 2013 was 1.2% lower than the corresponding period last year. Like-for-like sales were 1.8% lower.

The very cold start to the year materially affected construction industry activity, and this coupled with continued tough trading conditions, impacted sales. However, our performance in April and early May was encouraging following a return to more normal seasonal weather. The shape of sales for the year so far has been consistent with our guidance, albeit the first quarter volumes were lower than anticipated.

Interim Results

FINANCIAL HIGHLIGHTS

· Revenue growth of 1.6%; 0.9% on a like-for-like basis

· Revenue in the final two months of the half increased by 7%, 6.1% like-for-like

· Adjusted profit before tax up £5m to £136m up 4.1%

· Profit after tax of £106m down 18.9%

· Adjusted EPS up 6% to 43.9p from 41.4p

· Net debt reduced by £46m to £406m driven by increased free cash flow of £116m

· 25% increase in interim dividend to 10.0p

OPERATING HIGHLIGHTS

· Start to the year very tough with significant deflation

· Considerable step up in performance in May and June

· Strong cost control in General Merchanting division

· Revenue for Specialist division up 8.0%

· Operating margin up 0.4% in Plumbing and Heating

· Acquisition of Solfex in the renewable energy products sector

Trading update on Thursday 17th.

Bank of America Merrill Lynch Buy 1,744.00 1,460.00 1,900.00 Upgrades

Deutsche Bank Hold 1,744.00 1,352.00 1,352.00 Reiterates

Interim Management Statement

nterim Management Statement - Encouraging sales momentum in the third quarter

· Total sales growth of 8.6%, 7.1% on comparable trading days basis

· Like-for-like sales growth of 6.3%

· Stronger sales momentum in our trade divisions but consumer markets lagging

· On-track to meet earnings per share of around 100 pence despite lower property disposal gains

Notice of Full Year Results - 26 February 2014

Travis Perkins will announce its 2013 full year results on 26 February 2014. Management will also be hosting a presentation for institutional investors and investment research analysts at 11.00am on the day.

In addition, the following reporting dates have been set for the Company for the remainder of 2014:

2014 first quarter interim management statement 24 April 2014

2014 Annual General Meeting 28 May 2014

2014 Half Year results 31 July 2014

2014 third quarter interim management statement 17 October 2014

2014 Full Year results 26 February 2015

Preliminary Results

STRONG LIKE-FOR-LIKE GROWTH, ADJUSTED PROFIT BEFORE TAX UP 12% AND DIVIDEND INCREASED BY 24%
FINANCIAL HIGHLIGHTS

· Revenue now over £5bn with annual growth of 6.3%, 5.0% on a like-for-like basis

· Operating profit up 10% to £330m

· Adjusted profit before tax up £35m or 12.4% to £321m

· Profit after tax up £16m to £265m

· Adjusted EPS up 14.3% to 103.6p

· Final dividend up 24% to 21p, giving full year dividend of 31p

· Net debt reduced by £104m to £348m
OPERATING HIGHLIGHTS

· All divisions achieved revenue growth

· Strong overhead control throughout the Group
· Operating margin improved by 0.1pp to 6.8%

· 43 new branches and 15 implants opened, including 9 Toolstation openings within Wickes

· Acquisition of Solfex and an online heating products distribution business

Citigroup Buy 1,868.50 2,040.00 2,040.00 Upgrades

Interim Results

HIGHLIGHTS

• Like-for-like revenue(2) increased by 10.2% with growth in all divisions
• Adjusted operating profit(2) up 18.8% to £175m with adjusted operating margin(2) up • 0.4% to 6.4%
• Adjusted EPS(2) improved by 21.6% to 53.4p
• Interim dividend increased by 22.5% to 12.25p
• Lease adjusted return on capital(2) employed improved by 1ppt to 10.5%
• Strong free cash flow(2) with cash generated from operations up £56m to £222m
• Net debt(2) reduced by £51m to £297m
• Capital expenditure up 24% at £65m in the half
• New fascias opened in every division, totalling 55 for the Group