Good Information, this appears to be a cheap stock was in my portfolio, sold at nearly 400 but am back in now, undervalued as not greatly affected by banking woes or housebuilders very big in infrastructure and petrochem...not a flier but good solid stock undervalued for no logical reason I reckon imho? ...anybody got any others like this that have got caught up in the stockmarket lows and are pretty well unaffected by the real world problems?

What a corker of a chart now that we are through 220p.

Could be one heck of a gain here now that resitance looks beaten...

What a corker of a chart now that we are through 220p.

Could be one heck of a gain here now that resitance looks beaten...

Fundies a forward P/E of just under 6.....

Hill & Smith Holdings PLC

FORECASTS
2009 2010

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Arbuthnot Securities
27-04-09 BUY 39.00 33.13 10.70 44.00 37.38
11.60

Arden Partners
27-04-09 BUY 41.00 34.60 11.00 43.50 36.90 12.00

Evolution Securities Ltd
08-04-09 BUY 41.00 34.90 11.00 44.00 37.80 12.00

Eden Group
03-04-09 BUY

Fairfax IS
13-03-09 None 40.90 34.50 10.30 43.70 36.90 10.80

2009 2010
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Consensus 40.97 34.68 10.90 43.91 37.07 11.86

1 Month Change 0.02 0.13 0.24 0.31 0.17 0.45
3 Month Change -2.03 -1.65 -0.19 -2.09 -1.72 -0.14


GROWTH
2008 (A) 2009 (E) 2010 (E)

Norm. EPS 15.66% 11.88% 6.89%
DPS 20.83% 25.29% 8.81%

INVESTMENT RATIOS
2008 (A) 2009 (E) 2010 (E)

EBITDA 59.00m 58.80m 61.25m

EBIT 46.20m 45.10m 49.60m

Dividend Yield 4.31% 5.40% 5.87%

Dividend Cover 3.56x 3.18x 3.13x

PER 6.52x 5.82x 5.45x

PEG 0.42f 0.49f 0.79f

Net Asset Value PS -4.76p 176.66p 201.82p

DYOR.

Brokers certainly putting their faith in the stock, from Digital Look this morning....

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 0
Sell 0
Strong Sell 0

Total 3

Are you still watching this one, gf? Looking strong, but not in a recovery sector yet.

Another strong performer is Hill & Smith, which rises 4.2 percent after posting higher interim profits.

According to Thomson Reuters Starmine, 5 analysts have a "strong buy" rating out on Hill & Smith shares, 1 has a "hold" recommendation and the stock has no "sell" ratings out on it.

Hill & Smith pre-tax profits soar
StockMarketWire.com
Pre-tax profits at Hill & Smith Holdings soared by 311% to £18.9m in the six months to the end of June.

Revenues were up 15% at £223.8m while underlying operating profits were 25% higher at £22.7m.

Underlying pre-tax profits increased by 28% to £20.8m.

Basic earnings per share jumped by 959% to 18.0p and the dividend of 5.8p per share is 7% up on last time.

The group - which has leading positions in the manufacture and supply of infrastructure products and galvanizing services to global markets - said the performance was ahead of expectations.

Chief executive Derek Muir said: "This has been a very encouraging six months for Hill & Smith, with our international spread, strong market positions and diverse portfolio of products and services serving us well in markets with mixed conditions.

"The end result was a performance ahead of our previous expectations.

"However, as previously reported there is reduced activity in the UK due to the Olympics, with new road projects not commencing until the final quarter of 2012.

"Furthermore we remain cautious about the level of economic uncertainty within Europe.

"Accordingly, whilst our first half performance has been encouraging, the outlook for the full year's performance remains unchanged."

Hill & Smith - manufacture and supply specialist safety barrier systems throughout the world.

Hill & Smith are driving safety forward with a total solution, be it our FLEXBEAM VRS family of systems for use on highways, to BRIFEN the wire rope VRS used in over 30 countries worldwide or our OFFROAD industrial barriers protecting your property.

Hill & Smith, part of the HSROADS group of Hill & Smith Holdings PLC., which has vast experience in manufacturing vehicle restraint systems including:

•Steel Barriers – FLEXBEAM, FLEXBEAM PLUS and HI-FLEX are systems for highways, motorways and dual carriageways tested to EN1317
•Wire Rope Barriers – BRIFEN is world renowned for its wire rope system, again used on the highways and alongside steep inclines. Tested to EN1317, NCHRP350 and specialised Swedish standards.
•Hybrid Impact Protection – BRIFLEX incorporates steel barriers and wire rope to give the ultimate central reservation protection. Tested to EN1317 with a containment of H2 and a working width of W5.
•Industrial Barriers – Off Road systems for protecting your assets.
With a policy to supply quality of service, tested and approved products, the company has developed a strong reputation in the field of road safety.

Next week intrims (15th Nov) will confirm strength across the firms diversified operations. The firms first half year report 9 Aug showed a 15% group-wide year-on-year increase in the Jan -June period and a 311% surge in profits to £18.9 million .

Earnings per share are expected to rise 9% in 2012 and 7% in 2013 so a prospective price/earnings ratio of 9.3 times for next year looks reasonable value, especially when a 3.8% yield is taken in to account.

Interim Management Statement
RNS
RNS Number : 1686R
Hill & Smith Hldgs PLC
14 November 2012





15 November 2012



Interim Management Statement



Robust trading in line with the Board's expectations





Hill & Smith Holdings PLC ("Hill & Smith" or "the Group"), the international group with leading positions in the supply of infrastructure products and galvanizing services to global markets, today issues its Interim Management Statement covering the period from 1 July 2012 to 14 November 2012 ("the period").



The overall performance of the Group for the period has been robust and the Board's expectations for the full year remain unchanged. The international diversity and strength of our businesses, particularly in the USA, continue to underpin our performance.



Net debt as at 31 October 2012 was £93.3m, compared with £89.1m as reported at the half year. The increase principally reflects the investment in our new galvanizing plant in the USA and investment in capital projects in France and India. We are not anticipating any significant change to net debt ahead of the year end.



Infrastructure Products



Utilities

The pipe supports business continues to work through a record order book and plants in China, Thailand and the UK are fully loaded into Q1 2013. The new Indian plant is working toward ISO9001 and customer accreditation. Early enquiries for 2013 are encouraging.



Our US utilities businesses continue to perform ahead of expectations and their order book remains strong.



The UK water industry's AMP5 (Asset Management Programme) is now in its third year and although we have enjoyed strong organic growth in this sector, over capacity in industrial flooring and a challenging environment for our structural steel activities has added to margin pressures.



Roads

As expected, the programmes for UK roads have started to return to more normalised activity levels in the fourth quarter post the Olympics. In the period we completed the installation of our new gantry products on the M1 and M90 motorways and are currently in the process of concluding the contracts. We continue to expect 2013 to be a stronger year as a number of managed motorway schemes are planned to commence.



Galvanizing Services



Overall, production volumes are ahead of the same period last year with the USA continuing to perform well due to strong demand for bridges, utility poles and solar frames. UK volumes are flat year on year as a result of the lower volumes in our own road products. Activity levels are ahead in France assisted by a large, one-off, 12 month contract for galvanizing transmission and lighting poles, which will run until the end of Q1 2013.





Outlook



We continue to see encouraging levels of demand for our utility products, particularly in the USA and Asia, driven by the requirements to update the US power transmission grid together with worldwide demand for power. Our galvanizing markets remain mixed with the US businesses enjoying positive demand from infrastructure projects, which will support their volumes in 2013. Whilst our French businesses remain resilient we continue to be cautious about the level of economic uncertainty within Europe. The UK market remains challenging due to a lack of industrial activity and competitive pricing.



Overall, the Board's expectations for the full year remain unchanged with our international diversity continuing to provide resilience in the short term and encouraging organic growth potential in the medium to longer term.



Financial Calendar



The 2012 interim dividend of 5.8 pence per share, announced on 9 August 2012, will be paid on 7 January 2013 to shareholders on the Hill & Smith register on 23 November 2012. The ex-dividend date is 21 November 2012.



The Group's preliminary results for the year ended 31 December 2012 are scheduled to be announced on 12 March 2013.



- Ends

In the red with what I thought great news ?

On the climb now

There are some buy notes out this morning.

Looks very volatile over the years this one.

Good buying

One of IC's tips for 2015 - Hill &Smith (HILS) Tips old reliable tip of the year



12 Jan Investec 640.00 Buy

Final Results

Key points:



· Record revenue and earnings performance

· Revenue increased 5% organically; by 2% on a reported basis after £13.3m adverse currency translation

· Stronger end markets and active portfolio management driving improved returns

− Underlying operating margin 10.8%, up 80bps on prior year

− ROIC increased to 16% (2013: 15%)

· The UK Road Investment Strategy (RIS)† provides significant mid-term funding; in sweet spot of Group's product offering

· Capital investment at 2.4 x depreciation, to capitalise on specific growth opportunities in UK roads and US galvanizing

· Net debt reduced to 1.5 x EBITDA; key financing facility extended to 2019 on more favourable terms

· Proposed final dividend of 11.6p, up 16% giving full year dividend of 18.0p

Questor-share-tip-Hill-and-Smith-shares-still-too-cheap