stratty
20 Dec 2016
off load Some one just dumped a few .
ookyfly
14 Sep 2016
Half yearly results They're excellent. I'm very pleased. Still under water, but feeling positive about the prospects. Housebuilding is going to be a priority post-Brexit. Divi up too.
ookyfly
12 Aug 2016
trading update Laconic and fairly opaque. Results for the half year are in line with the board's expectations. Uncertainties created by Brexit vote are acknowledged. But the company remains confident about the soundness of its strategy.A hold, I suppose. But a fairly uninformative update, with no detail whatsoever.
pharmaspecialist
26 Jul 2016
Re: Interesting look at intrinsic value ... Yes ookyfly, I think it will come round eventually. Epwin has good fundamentals and a strong competitive position in its markets. The fact that management has a large stake is also comforting. This unglamorous company is the type that gets overlooked by many investors and anything remotely associated with the property sector is currently getting the cold shoulder because of fears over the impact of Brexit. I think these factors may explain the price decline since you made your purchase, rather than anything being wrong with the company.
ookyfly
25 Jul 2016
Re: Interesting look at intrinsic value ... Silly me: I am currently down just over 24% on quite a large investment. But I hope it will come round, and the divi is good.
ookyfly
27 May 2016
Re: Interesting look at intrinsic value of E... Let's hope Epwin is ndeed undervalued. I have today bought 71800, in three tranches: 30k, 30k and 11800 (for my isa). For me the AIM status is a major plus: I am in my 70's and after 2 years the shares will be exempt from IHT.Also, the divi is a nice little earner.
nk1999
30 Apr 2016
IC View From AIM-100 shares:"81. EPWIN The basic need for Epwin's (EPWN) home improvement products may be there, but that hasn’t translated into strong demand just yet. Of the 27.8m homes across the country, only 40 per cent are maintained to a satisfactory level, according to figures from the Office for National Statistics. However, while demand for renovation, maintenance and improvement materials produced by Epwin’s fabrication and distribution business has been slower than anticipated, this is in contrast to the extrusion and moulding division, buoyed by the strong performance of housebuilders.Over the next two years management will be investing in its IT systems in order to improve interaction between its different fabrication sites across the country. This should reduce costs and enable a more efficient use of labour. Acquisitions will also remain important to the building materials supplier’s growth strategy as it seeks to extend its product range and cross-selling opportunities. Shares in the group are trading at just 10 times forward earnings for this year, but we reckon further acquisitions plus structural growth opportunities such as demand from housebuilders should drive the share price up. Add in a consensus forecast yield of 4.7 per cent for the year and we rate Epwin’s shares a buy."
nk1999
03 Apr 2016
Mail- Midas "MIDAS SHARE TIPS: Plastic is fantastic for firm that decks out our homes with products such as guttering and window framesOnly four in ten homeowners think their homes are well maintained, according to the Office for National Statistics. The rest – more than ten million people – believe their property would benefit from some refurbishment. This widespread discontent is good news for Epwin Group, which makes essential products for the home, including window frames, decking, guttering, porches and chimneys.However, unlike their more traditional counterparts, Epwin’s goods are all made of plastic or plastic mixed with other materials, such as wood or glass. Brands include PatioMaster, Safedoors, Spectus and Swish for windows and doors, and Kestrel for roof products. Good fit: Brands include Ecodek, whose decking is used at London’s Trafalgar Hotel, and Swish windows Good fit: Brands include Ecodek, whose decking is used at London’s Trafalgar Hotel, and Swish windowsThe group joined AIM in July 2014 at 100p a share. Today, the stock is 135p and should gain ground this year and beyond. The company is conservatively run and should grow as the market in which it operates expands and as it moves into new products, both organically and by acquisition. In times gone by, certain homeowners would turn their noses up at the use of plastic-based window frames, patio doors and front porches, while most would never dream that a chimney could be made of anything other than brick. Today, however, technology has developed to the stage where plastic products look better than ever before and can even be made to imitate natural materials, such as wood. And unlike wood, these products are low-maintenance – they do not need painting or varnishing every few years and they are easy to install. As such, Epwin plays into two long-term trends in this country.First, people are moving away from DIY to GSI – getting someone in. Second, construction firms are increasingly keen to use as few labourers as possible on jobs to drive down costs. Many of Epwin’s products are the stuff that contractors dream of – porches, chimneys, decking and dormer windows that can be attached to a property with the minimum of graft and left there happily for years. They do not last forever though. Products made today will probably last 15 to 25 years before looking the worse for wear. Those made at the start of this century or earlier were less attractive and less hardwearing. The peak period for refurbishment was around 2004 and 2005 and many of those products need to be replaced now and in the coming five years. Home renovation: But this type of work is slower than contractors had expected at the momentAt the moment, renovation work is slower than contractors had expected because many property owners do not feel confident enough to splash out on home improvements, particularly Epwin’s products, most of which cost between £2,000 and £4,000. Nonetheless, the company is making good progress. Chief executive Jon Bednall is not banking on any speedy return to pre-financial crisis days, but he does have other ways of delivering growth. Epwin was founded in the mid- 1970s, but its present incarnation dates back to 2012 when the business merged with a large competitor, Latium. Combining the two companies has helped to cut costs significantly and Bednall is still finding ways to improve profit margins and to make the group more efficient. The business also has plenty of cash in the bank, so it has made two acquisitions since it floated – Ecodek, which makes decking from a composite of wood and recycled plastic milk bottles, and earlier this year, Storm-king, a leading supplier of fibre-glass items such as dormers, chimneys and roofing for bay windows. These deals have extended Epwin’s product range and given it access to new technologies. Similar transactions are likely to follow, provided the pri
mcescher
27 Mar 2016
Interesting look at intrinsic value of Epwin Group This website shows EPWN is seriously undervalued: [link]
II Editor
17 Feb 2016
NEW ARTICLE: Ten contrarian shares to buy "Buying shares that nobody else likes is a strategy that can test the nerve of even hardened value investors. Regardless of how attractively valued those shares are, or whether their underlying quality gives comfort that they'll rebound in price, ..."[link]
bergerac
03 Nov 2015
Re: EPWIN - Cheap little housing play Agree. Can't see anything negative about this stock.
trawler99
03 Nov 2015
EPWIN - Cheap little housing play Adding another name to its group, Vannplastics for £5.2m a small but high margined maker of wood/plastic composites for balconies, decking etc. Epwin have negligible debt, nicely consolidating in their house materials segment and too cheap (11Xpe and yield of 3.8% well covered). The analysts hardly cover names like this nowadays. Nice one to tuck away.
Paringa
24 Apr 2015
Re: "Buy" says Investors Chronicle Glad we are still in this share TX !!!!
TX2
24 Apr 2015
"Buy" says Investors Chronicle IC has picked Epwin as one of their Share Tips this week.Hence the rise I assume.Not sure I would chase it much higher but still decent value,low PE & good divi yield.I continue to hold.
Paringa
17 Apr 2015
Re: Buy ? Exactly my sentiments, In at £1 but will continue to hold. Good luck !
