Ripley94
24 Jan 2017
sliced. last Friday @ 176 .Up to 193 two days after +4% today.On the rise after going through 173.
nk1999
20 Jan 2017
Times- Tempus Extracts:"...... The company also got a strong lift from the weaker pound — revenues for the year were ahead by 26.5 per cent at the reported level, or 16.7 per cent at constant currency rates. The market had been primed to expect pre-tax profits of about £32 million. These came in at £34 million, up 47 per cent in constant currencies, which makes one suspect that earlier estimate was deliberately cautious.That ammunition contract is now fully running, and while it expires in spring 2018 the prospects of finding replacement work look good. The US defence industry remains an uncertainty; the sort of sensors Chemring supplies are unlikely to be affected but the company is heavily involved in the F-35 programme and in the process of gaining a permit to manufacture for this in Australia.There is also a return to the dividend list, but it will not make Chemring an income stock, a final payment of 1.3p costing only £3.5 million. The shares have recovered sharply since this column recommended them, aided by the lower pound. Up another 4¼p to 172p, they sell on 15 times earnings. My advice Hold"
Our Haven
30 Nov 2016
Re: CONTRACT UPDATE RNS.. UP 10% Strange volumes are so low
Ripley94
29 Nov 2016
Re: CONTRACT UPDATE RNS.. UP 10% Looking OK...
II Editor
21 Nov 2016
NEW ARTICLE: Chemring recovery gets City excited "Following LSE:CHG:Chemring has been both a painful and often terrifying experience for investors since early 2011. It's lost shareholders a pot of money, too. But former Aussie military man Michael Flowers, the third chief executive in four ..."[link]
Simbrad
22 Jun 2016
Panmure published a note this morning on research tree.... "The management have left themselves with a big ask in H2/16 to deliver on FY16 expectations even after the c3% downgrade yesterday. To meet the revised FY16 expectation, H2/16 revenues needs to grow by 48% sequentially while operating margins are expected to grow nearly 8-fold to 16%. While the first task looks more attainable, the second relies on everything going to plan. Recent history suggests caution, extreme caution."
Chappers
11 May 2016
which Mideast country finally honoured the arms contract?
II Editor
04 Apr 2016
NEW ARTICLE: Ammo sale triggers Chemring surge "UK defence contractor LSE:CHG:Chemring has finally received the money to start a delayed £100 million 40mm ammunition contract for a big player in the Middle East, a deal crucial to company earnings. Hamstrung by shrinking government defence ..."[link]
Ripley94
04 Apr 2016
CONTRACT UPDATE RNS.. UP 10% TODAY.
nk1999
07 Mar 2016
Fund Manager Investment From Citywire:"Wright catches Chemring on a lowAAA-rated turn-around specialist Alex Wright has taken a chunky stake in arms and aerospace systems manufacturer Chemring Group as the business struggles to recover from a profit warning.Wright, who previously held no reportable position in the business, took 10.1 million shares or 5.22% worth £12.4 million at a share price of 123p, down more than 38.5% over the last year. The shares are held in his Fidelity Special Situations fund, one of the largest and most successful funds of the 1990s beneath his predecessor Anthony Bolton. Following Bolton’s departure the fund was split into UK and global portfolios, with Wright managing the domestic component. Chemring, which has dropped 78% over five years, further disappointed investors in October last year with a profit warning. The firm was then forced to axe its final dividend and launch an £80 million rights issue last month, after reporting a pre-tax loss of £9.1 million. Of nine analysts tracking the stock, only Investec is braving a buy, on a price target of 210p."nk
item club
19 Feb 2016
Re: 94 for 94 I hope that for them as well Mr Ripley94but in truth they get a big round sum .......................O
Ripley94
19 Feb 2016
Re: Bizarre SP movement Took rights. @ 94.chgn buys @ 26.5 ... matches share price approx.Hope holders who let it lapse get 26.5 p
item club
16 Feb 2016
Re: Bizarre SP movement So does this mean you are taking up the RI ?
lambrini girl
12 Feb 2016
Re: Bizarre SP movement action suggests been pushed towards the 94p RI price...however 105 ish a BUY...
Ripley94
10 Feb 2016
Re: Bizarre SP movement 4 for 9 @ 94 ...129 today.by 18 Feb B&sv
