Latest news with #TravisPerkins
Yahoo
4 days ago
- General
- Yahoo
Valleys road to be closed 'for some time' after serious collision
A main road through the south Wales valleys has been closed off after a collision. Police are in attendance at the incident in Wattstown, Rhondda Fach after the crash occured early Sunday evening, June 1. The road concerned will be shut for some time according to South Wales Police and it is the main road through Wattstown rather than the nearby bypass (the A4233). Motorists will not be able to access Wattstown via Aberllechau Road from the Travis Perkins roundabout and the road is closed in both directions. READ MORE: Rogue builder's 'catastrophic' error puts whole street in danger READ MORE: Controversial HMO decision overturned on appeal and will now go ahead South Wales Police shared on their RCT Facebook group that the road through the lower end of Rhondda Fach was closed. It reads: "We're at the scene of a serious collision on Aberllechau Road, Wattstown, Porth. "The road is currently closed in both directions from Travis Perkins roundabout. "It is expected to remain closed for some time; please avoid the area and use alternative routes where possible. We're grateful for your patience." Get the latest Rhondda news first by signing up to our newsletter here Get daily breaking news updates on your phone by joining our WhatsApp community here. We occasionally treat members to special offers, promotions and ads from us and our partners. See our Privacy Notice
Yahoo
27-05-2025
- Business
- Yahoo
Is It Too Late To Consider Buying Travis Perkins plc (LON:TPK)?
Travis Perkins plc (LON:TPK), is not the largest company out there, but it received a lot of attention from a substantial price increase on the LSE over the last few months. While good news for shareholders, the company has traded much higher in the past year. As a stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. But what if there is still an opportunity to buy? Let's take a look at Travis Perkins's outlook and value based on the most recent financial data to see if the opportunity still exists. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. According to our valuation model, Travis Perkins seems to be fairly priced at around 17% below our intrinsic value, which means if you buy Travis Perkins today, you'd be paying a reasonable price for it. And if you believe that the stock is really worth £7.61, then there isn't much room for the share price grow beyond what it's currently trading. Although, there may be an opportunity to buy in the future. This is because Travis Perkins's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity. View our latest analysis for Travis Perkins Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. However, with a relatively muted revenue growth of 8.8% expected over the next couple of years, growth doesn't seem like a key driver for a buy decision for Travis Perkins, at least in the short term. Are you a shareholder? TPK's future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough confidence to invest in the company should the price drop below its fair value? Are you a potential investor? If you've been keeping an eye on TPK, now may not be the most optimal time to buy, given it is trading around its fair value. However, the positive outlook means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. Every company has risks, and we've spotted 1 warning sign for Travis Perkins you should know about. If you are no longer interested in Travis Perkins, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
24-05-2025
- General
- Yahoo
Wroughton running group helps restore historic chalk horse
A group of runners has helped restore a historic chalk horse. The Wroughton Whippets running group swapped their trainers for tools to give the Hackpen White Horse a makeover. The 20 volunteers stripped back weeds, re-edged the chalk outline, and applied fresh lime to the horse, which was carved in 1838 to commemorate the coronation of Queen Victoria. James Hussey, landowner and custodian of the horse, said: "Thanks to the fantastic help of the Whippets and the generous supply of materials from Travis Perkins, the horse is well-groomed once again for us all to enjoy." The restoration is close to the home of the Wroughton Whippets. Read more: New use for old Swindon pub saves it from demolition Paul Bailey, founder of the Whippets, said: "As a local running group, we love this landscape and can't think of a better way to spend a Saturday morning. "We hope everyone loves the horse's haircut." The timing is perfect, as the freshly cleaned landmark will serve as a scenic backdrop for the group's upcoming Hackpen 10k, an annual charity trail run taking place on September 7. The event is open to both runners and walkers, with registration through EntryCentral. The Hackpen White Horse is believed to have been cut by Henry Eatwell, parish clerk of Broad Hinton, and possibly the local publican.
Daily Mail
09-05-2025
- Business
- Daily Mail
Travis Perkins poaches SIG boss as new chief executive
Travis Perkins has named the current head of roofing and insulation products supplier SIG as its next chief executive. Gavin Slark will take up the position no later than January 2026, succeeding Pete Redfern, who quit in March after just six months in charge for health reasons. Slark, 60, joined SIG two years ago following a 12-year spell running Dublin-based Grafton Group, which owns Chadwicks, Ireland's largest building materials distributor. He also previously ran plumbing and heating firm The BSS Group from 2006 to 2011, overseeing its £558million sale to Travis Perkins. His appointment at Travis Perkins follows a challenging few years for the construction materials industry, which is contending with higher interest rates and cost-of-living pressures. Travis Perkins revealed last week that its like-for-like revenues dipped by 2.1 per cent in the quarter ending March due to lower volumes in its merchanting segment. New boss: Travis Perkins has named the current head of roofing and insulation products supplier SIG, Gavin Slark, as its next chief executive That came about a month after the business declared its operating profits were almost wiped out last year due to subdued activity in the private domestic repair, maintenance and improvement market. The Northampton-based firm also blamed lower commodity prices and uncertainty caused by the UK general election and last Autumn's budget. Geoff Drabble, chair of Travis Perkins, said: 'Gavin brings with him unrivalled experience of the sector in addition to a long pedigree as a CEO of significant public companies. 'Gavin is well placed to continue the work we have started to refocus and change the way we operate in order to better serve our customers and work effectively with our suppliers, as well as engage and motivate our teams.' SIG shares plunged 14.7 per cent to 15.4p by late Friday afternoon following the announcement of Slark's appointment, making them the FTSE All-Share Index's biggest faller. In contrast, Travis Perkins shares were the FTSE 250's best performer, rising by 5.8 per cent to 617p. However, they have still plummeted by around two-thirds since the summer of 2021. Pete Redfern's brief tenure at Travis Perkins, which he joined after Nick Roberts stood down as CEO, included the company downgrading its profit forecast for the second time in three months. Andrew Allner, chairman of SIG, said: 'The board looks forward to continuing working with Gavin until his departure. 'He has steered the group well through a difficult period in the European construction industry. 'He will leave in place strong and experienced leaders in each of our businesses, all operating under SIG's well-established devolved structure.'
Reuters
09-05-2025
- Business
- Reuters
SIG's top boss Slark to resign
May 9 (Reuters) - British building materials supplier SIG (SHI.L), opens new tab said on Friday its CEO Gavin Slark will resign before the end of this year to take up a new role at peer Travis Perkins (TPK.L), opens new tab.
