Epwin falling on no news I can find. What does the grapevine say?

Tuesday, Jul 18 2017 by
6

Has anyone a clue as to why Epwin's price has changed its general pattern of up two and back one, then steadily subsided over the last few weeks and fell significantly today? There are no news items, it went XD in May and I cannot find anything in any search to see why. Is this in sympathy with SFE or vice versa? Have double glazing salesmen finally met their Waterloo?

Unlock this article instantly by logging into your account

Don’t have an account? Register for free and we’ll get out your way

Disclaimer:  

As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. The author may own shares in any companies discussed, all opinions are his/her own & are general/impersonal. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested.


Do you like this Post?
Yes
No
6 thumbs up
0 thumbs down
Share this post with friends



Epwin Group Plc is a manufacturer of extrusions, moldings and fabricated low maintenance building products, operating in the repair, maintenance and improvement, new build and social housing sectors. The Company operates through two segments: Extrusion and Moulding, and Fabrication and Distribution. The Extrusion and Moulding segment is engaged extrusion and marketing of polyvinyl chloride-unplasticized (PVC-U) window profile systems, PVC-UE cellular roofline and cladding, rigid rainwater and drainage products and wood plastic composite decking products. It operates from extrusion and molding facilities in Telford, Tamworth and Scunthorpe, among others. The Fabrication and Distribution segment is involved in fabrication and marketing of windows and doors, distribution of cellular roofline, rainwater and drainage products, and manufacture of glass sealed units. It operates from over five window and door fabrication sites, and approximately two glass sealed unit manufacturing sites. more »

LSE Price
85p
Change
2.9%
Mkt Cap (£m)
121.5
P/E (fwd)
7.8
Yield (fwd)
6.4

Safestyle UK plc is a United Kingdom-based company engaged in the sale, manufacture and installation of replacement un-plasticized poly vinyl chloride (PVCu) windows and doors for the United Kingdom homeowner market. The Company's segment includes the sale, design, manufacture, installation and maintenance of domestic, double-glazed, replacement windows and doors. The Company has over 30 sales branches and approximately 10 distribution depots located throughout the United Kingdom. Its product range includes EcoDiamond WINDOWS, EcoDiamond UPVC DOORS, EcoDiamond BI-FOLD DOORS, EcoDiamond REPLACEMENT CONSERVATORIES, GuardDoor, Pavilion and Inspire. It has manufactured over 279,000 frames and carried out approximately 60,000 installations. The Company's subsidiaries include Style Group Holdings Limited, Style Group Limited and HPAS Limited. more »

LSE Price
54.7p
Change
-0.7%
Mkt Cap (£m)
45.3
P/E (fwd)
10.8
Yield (fwd)
1.4



  Is LON:EPWN fundamentally strong or weak? Find out More »


9 Posts on this Thread show/hide all

herbie47 18th Jul '17 1 of 9
1

Probably because of Safestyle UK (LON:SFE) results.

| Link | Share
Edmund Shing 18th Jul '17 2 of 9
1

I think definitely in sympathy with Safestyle UK (LON:SFE), given Safestyle's comments on volatile trading conditions despite their "outperforming the overall double glazing market", suggesting that they are taking market share, i.e. it is potentially worse for competitors like Epwin (LON:EPWN).

Blog: The Idle Investor
| Link | Share
Edmund Shing 18th Jul '17 3 of 9
1

PS Eurocell (LON:ECEL) also down on the same news, same interpretation...

Blog: The Idle Investor
| Link | Share
Steve Wilden 8th Aug '17 4 of 9

This has puzzled me too. Could it be something to do with the fact that they manufacture and distribute cladding products which are under a cloud for obvious reasons at the moment? Pure conjecture though.

| Link | Share
TangoDoc 8th Aug '17 5 of 9

Interestingly, Epwin does not appear on any list of companies being shorted either.
http://shorttracker.co.uk

| Link | Share
herbie47 8th Aug '17 6 of 9
1

It's probably to do with Entu (UK) (LON:ENTU) who look like ceasing soon.

| Link | Share
Wimbledonsprinter 8th Aug '17 7 of 9
1

Entu (UK) (LON:ENTU) has an exclusive 5-year supply agreement with Epwin (LON:EPWN). If Entu (UK) (LON:ENTU) were to be broken up or liquidated, what would happen to this agreement? ENTU has also talked about "supply chain" issues in its half -year and full-year reports. It is not clear which suppliers it is talking about.

| Link | Share
Wimbledonsprinter 23rd Apr '18 8 of 9

I sold out of my position in Epwin (LON:EPWN) today on the back of: 1). The latest profit warning from Safestyle UK (LON:SFE), 2) the cut in the dividend from Epwin (LON:EPWN) announced earlier this month, 3). The Epwin share price being pretty resilient so far this year.

| Link | Share
Wimbledonsprinter 23rd Apr '18 9 of 9

I sold out of my position in Epwin (LON:EPWN) today on the back of: 1). The latest profit warning from Safestyle UK (LON:SFE), 2) the cut in the dividend from Epwin (LON:EPWN) announced earlier this month, 3). The Epwin share price being pretty resilient so far this year.

| Link | Share

Please subscribe to submit a comment



 Are LON:EPWN's fundamentals sound as an investment? Find out More »





Stock Picking Tutorial Centre



Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis