| 11:09 16/05/2012 | HB Markets |
| Recommend "buy" - "Our view: Despite the current underperformance of pre-tax profits, the management is confident of recouping the shortfall in Q4 2012, thereby recording FY2012 pre-tax profit ahead of FY2011. They also reported seeing signs of an upside potential in the electronics market. With a recovery in the US, the company's largest single market, the investment demand from sectors such as, civil aviation and consumer electronics which use the company's precision systems, is expected to rebound. We anticipate the uptrend in investment to help the stock, trading 22% below its one-year high, regain lost ground. " By Hardboy |
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| 17:27 15/05/2012 | IMS |
| In a sea of continued red, this stands out very nicely. The markets obiously liked what was said. By Hardboy |
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| 7:32 15/05/2012 | IMS |
| Turnover inching up, profits a little lower - doesn't sound great, but the costs have gone up building a platform for the future, rather than being direct cost of sales costs; and the increase in sales (particularly in the US & Europe) in difficult times is encouraging. Most encouraging is the outlook statement: "Despite continuing global macroeconomic uncertainties, we have experienced good growth over the year to date and are starting to see signs of an upturn in the electronics market. The final quarter has started well with activity levels in April ahead of the comparable period last year. We currently expect that the Group's adjusted profit before tax for the year to 30th June 2012 will recover the year-to-date shortfall and should be a little higher than the adjusted profit before tax of £80.4m for the year to 30th June 2011. The Board continues to view the future with confidence." At the 9 months stage, profits are down on last year, so if they are predicting a slight increase Q4 looks like being very strong. Reading between the lines I get a feeling that they think economic growth is not that far away. By Hardboy |
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| 22:20 09/05/2012 | Re: Rise |
| I thought they were paid that sort of money to do some slightly more serious investigation, like standing at the factory gate and counting the lorries in and out. Does anyone do that any more? Renishaw hasn't come back much in the current mayhem - still too pricy for me to buy more - generally the specialist engineers have held up. I have followed your example and bought some Weir - it seems to be trading on the oil price at the moment, but people are going to go on wanting their kit. I am also trying to buy some more Halma, but it will have to come back a bit further first. By SundayTrader |
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| 7:59 21/04/2012 | Re: Rise |
| The FT thought it was a buy note from UBS which pushed up the share price on Thursday. Apparently some UBS monkey went to a trade show and the bloke on the RSW stand said their widgets were selling like hot cakes. He's probably on a screw of about £300k (the UBS bloke I mean). Ain't life grand? LKH on the flybridge By LK Hyman |
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| 8:12 20/04/2012 | Re: Rise |
| The share price is indeed all over the place, and I have no idea what drove yesterday's gratifying near 8% leap in price. I keep an eye on how the metrics of good smaller UK engineering companies, such as Renishaw, Spectris, Halma, Rotork yadda yadda, move around relative to one another and bought Weir the other day, because it seemed to me to have become (relatively) cheap. Doubtless today will see a sickening plunge in RSW's price as some traders take profits (though the volume of shares traded is pretty small on most days) but I shall continue to ride the RSW tiger, which is my largest single holding at about 8% of my shares. LKH on the flybridge By LK Hyman |
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| 22:46 19/04/2012 | Re: Rise |
| It is odd. Been stuck for a while in the mid 1300s. Small purchase by a Director. Possibly the price has been looking a bit out of line with comparables - e.g. Spectris. Anyone got any other thoughts? By SundayTrader |
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| 17:47 19/04/2012 | Re: Delcam |
| My research on Delcam did uncover another drawback - and one of the reasons (I am sure LKH &) I are not keen on AIM stocks in general. The stock is not very liquid - only 3 market makers, with market sizes of 500 or 1000. So if bad news comes along there may not be anyone to offload your shares to. By Hardboy |
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| 17:44 19/04/2012 | Rise |
| Nice rise today. Can't see an obvious reason By Hardboy |
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| 16:06 23/03/2012 | Re: Delcam |
| Renishaw's book value has gone up by over £1m in the last 2 days just due to Declam's shares it owns. OK, about 0.1% of their market cap, but still nice to let their worth go up without lifitng a finger By Hardboy |
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| 7:30 23/03/2012 | Re: Delcam |
| Hardboy, PS, re your remark about people dying, I've occasionally thought of buying a few Dignity shares. They seem to be doing a wonderful job of turning the funeral business into a monopoly for themselves, and few people are gonna haggle away like an East End costermonger over the cost of Granny's funeral. But, in the end, I thought the whole business was just too depressing. I do like to empathise with the companies whose shares I own ... big mistake though that attitude undoubtedly is LOL. LKH on the flybridge By LK Hyman |
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| 7:26 23/03/2012 | Re: Delcam |
| Hardboy, "When I left University I joined the Paper Industry" Don't get me started on the Paper Industry, m8. I still have a worthless piece of Mondi scrip which was foisted on me by that tough-looking bird who runs Anglo-American when she demerged Mondi from Anglo American. She FORCED me to accept some South African Mondi Ltd shares which are TOTALLY unsellable. To add insult to injury, the divi cheques are all in whatever klebbies they use down Africa way, so they too are worthless cos the cost of converting 'em into sterling is more than the divis are worth. The only satisfaction I get is in forcing Mondi to keep sending me the cheques by post every six months all the way up from wherever it is in Africa that they come from. There is now quite a big pile of 'em sitting in the forrard chain locker next to my stash of UK linkers. Anyhoo, as a result of Cynthia's high-handedness, I will never ever buy another Anglo American share in my life .... which is just as well, given what a horlicks she's made out Chile way. The final terd in the water pipe (as if that were not enough) is that the directors of Mondi all managed to get their OWN huge wedge of shares in the pukka Mondi pls shares, the scoundrels, so they're not stuck with more than the tiniest contemptible handful of the South African scrip. Rant over. LKH on the flybridge calming down By LK Hyman |
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| 6:10 23/03/2012 | Re: Delcam |
| LK, When I saw the list of directors, it did ring a bell, but wasn't sure where from. Apologies; but they do seem to have a stable BOD, which is good. I'm certainly going to keep a closer eye on them & may jump in if the oportunity looks right. Share your views on AIM, but there are some gems to be found. I'll look at Deltex. It is always nice to find a business sector which is pretty much guaranteed to keep growing. The world population is still growing, and I don't think there are any developments to do away with blood at the moment. When I left University I joined the Paper Industry; and I remember my father saying I'd picked a good industry as he could only see the demand for paper growing. (Fascinating industry - such a wonderful diverse range of products.) Sadly he got that wrong (& the UK Paper Inductry as a major force had pretty much disintigrated within 7 years) but he suggested the other industry which he thought had a good long term future was that of Undertaking - he's got a point, people do keep dying! By Hardboy |
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| 18:16 22/03/2012 | Re: Delcam |
| Hardboy, "they have a director called Bart Simpson!" I'm almost certain that, if I trawl through the 15,000+ posts that I've erm posted, there's at least one that also pointed that fact out. It was probably about the time we had the amusing conversations about SUN and its Ford Anglia aerials stuck in a screwdriver handle that could service a Boeing 747. I wish I'd bought Delcam .... though I don't like AIM companies as a general rule. There's another company I quite like called Deltex Medical. They make douche bags or blood flushing gizmos or some such. There's money in that sort of kit. In haste. LKH on the flybridge By LK Hyman |
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| 17:29 22/03/2012 | Re: Another 5% move today. |
| Re my post from 26th Jan. RSW almost got to my 1550p short target but sadly it didn't quite make it, I should have been brave at 1500p. Never mind, I will now wait for this sell-off to run its course and will come in as a buyer, hope we see 1100-1150p, but we shall have to wait and see. http://uk.finance.yahoo.com/news/global-market-fright-weak-manufacturing-115235889.html .........This just proves my point from yesterday RSW is very volatile. as we see from the 5% gain. I think I will have a break from RSW for now but no doubt RSW will move higher all things being equal and no Greek or Gulf region calamities around the corner. Good long term prospects from Wales factory etc... but short term issues with profitability and China Slowdown. My next short interest will be at 1550 or any pullback to 1100 might may me a buyer. lets wait and see. My current interest is moving on to boring old SBRY which I will admit to being long, have got in at reasonable 280ish on near 6% divi, but thats another story. ATB IBot. By InvestorBot |
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