Top Ranking Constructor - Yield 3.64% PER

Charts

Fundamental Data

Sector   CONSTRUCTION & MATERIALS   Mkt.Sector   SQQ3   Mkt.Segment   SSQ3   Turnover   211   Profit   3.12   Norm EPS   16.54   PE Ratio   7.26   Market cap   11.76   NMS   -

News

14/11/08 07:00 UKREG

Hidden in the undergrowth, North Midland Construction offers a good return for the investor wanting to bank some gains from more exciting stock, yet itself is significantly undervalued compared to its sector and deserving of a price adjustment soon. It has a history of undercalling earnings, with 17% and 54% surprise in 2001 and 2002, 2003 interims suggest a strong second half.

Neat website at

Held these for a while, topping up with profits from elsewhere and getting a good return in a safe haven which looks like it might also turn into a growth investment itself. Interesting feature is that buys take forever to appear, this has been a subject for discussion on a number of BBs. Probably explains why it doesn't get the attention it deserves......

All imho, dyor, etc. Best wishes to all ADVFNers for 2004!