Billington (#BILN) - Shareholders need a Steel Resolve
#BILN Summary Share Price of circa 340p , with Net Asset Value of 410p, backed by a strong order book, means that as an existing holder I'm currently HOLDING I believe the markets have mis-priced BILN as a business, and will wait for stability or a bounce before looking to BUY About Billington (LSE:BILN) Billington operates in the construction sector & across 7 brands in total. These brands are split into 2 main divisions, Steel Structure & Safety Solutions and work as a sub-contractor, with their clients being main contractors for various projects across the UK. Safety Solutions is around circa 10% of their business, working at a typically higher margin (see graph below of margins across the two segments over the previous 5 years). Steel Structure 1. Billington Structures - "Billington Structures is one of the UK's leading structural steelwork contractors with a highly experienced workforce capable of deliverin...