seadoc
08 Feb 2017
Re: Why the fall? Just looked back, the witch of the runes (aka lambrini girl) did come up with 170p three years back:VO.L&threshold=0&it=le&action=detail&id=11103820If" target="blank" rel="nofollow">[link] sp gets to target low it is sometimes worth buying. I have DVO on my "daily watch list" (That is on the buy side but has for some time been on the sell side) I am up 269% over 12 years and 14.6% pa (yup, not a trader, nor even an "active" investor).Regards,Seadoc
seadoc
08 Feb 2017
Re: Why the fall? T-D,On basis of Q(uality) V(alue) M(omentum) it looks dire. But I continue to hold. Moving averages are coming together, so something is going to happen. 200x is at last going up, hence hold.Regards,Seadoc
T-D
26 Jan 2017
Why the fall? Well my stop loss kicked in at 180.Anybody know why the sp is slipping?GLA
Boring Bernie
20 Jan 2017
Re: Beardy Tips Devro I can't remember off-hand if he's any good with his tips or not to be honest, but had started to think that Devro was beginning to look quite fully valued in the short term, so sold a few yesterday ( roughly 20% of my holding @ ~194p ) in case it started to drift back.Most of my portfolio is in the red today, so I'm not reading anything into today's small drop
gamesinvestor
13 Jan 2017
Beardy Tips Devro [link] sure if this is a good or bad thing, but at least it came out before Friday the 13th.Games
T-D
11 Jan 2017
Re: Phew! Phew indeed. Pleased to have bought at several intervals during the decline in sp....although it wasn't very nice at the time. Stop loss set and looking forward to a full recovery.GLA
LK Hyman
11 Jan 2017
Re: Phew! Bill,"analyst expectations will sometimes differ a fair bit from guidance"One would certainly hope that the analysts don't just swallow the board's guidance hook, line and sinker. But I'd still argue that it's a bit of a waste of time for the board to comment on analysts' expectation unless one or more analysts includes summat egregiously inaccurate or misleading in his pabulum.The board should be hunched over their collagen moulding machines churning out bockwurst skins, not arguing the toss with a bunch of city boys, my humble.LKH on the flybridge never hunched over a machine in his life in the awl biz
Bill1703
11 Jan 2017
Re: Phew! "Wouldn't it be hellish difficult for the board to make any meaningful comment on "market expectations"? Surely the board provides guidance ... as regards what they expect... would be a bit of a waste of time... for Devro's highly skilled fleischmeisters then to provide commentary on what the market thought as a result of what the Board told 'em innit though?"LKH - yes and no. Many companies provide some sort of guidance these days (didn't happen when I was a scribbling lad), though not all. And a few have stepped back a bit, as it often becomes clear they know no more 'bout what the next year holds than the analysts, or even the punters like us on here - so why embarrass themselves? Isn't Shell a prime example?? Unless I have that wrong....And analyst expectations will sometimes differ a fair bit from guidance - the more so in the more volatile, cyclical companies, etc. So quite reasonable for a Board to refer and compare to "market expectations" - and indeed, a majority (IME) currently do. Such as my flat-capped friends at Morrisons the other day, who referenced an explicit consensus figure (for PBT).For the minority (though still numerous) who insist of referencing "management" or "Board" expectations, the risk is that the market may harbour rather different "expectations" and be unimpressed. I would judge that there is at least a reasonable correlation between these companies so referencing, and disappointing SP reactions - either immediately or subsequently. Though I haven't conducted any empirical study here, so I remain open to the accusation of talking out of my hat...
LK Hyman
11 Jan 2017
Re: Phew! Bill,"And FWIW, I always hear alarms ringing when the say in line with "the Board's", rather than "market" expectations"Hmmm. Wouldn't it be hellish difficult for the board to make any meaningful comment on "market expectations"? Surely the board provides guidance to your fellow analysts as regards what they, the board, expect; the spread sheet jockeys then go away and run the numbers through their black boxes and ... badabing ... out come "market expectations".It would be a bit of a waste of time, wouldn't it, for Devro's highly skilled fleischmeisters then to provide commentary on what the market thought as a result of what the Board told 'em innit though? All a bit circular or summat.Whatever, I sense that this puppy is clamberin' up off of the canvas after recently being knocked down and is poised to deliver the only thing that matters, namely an ongoing stream of steadily rising divis forLKH on the flybridge and other shareholders who keep the faith
Bill1703
11 Jan 2017
Re: Phew! "... "Underlying operating profit* for the full year 2016 is expected to be in line with the Board's expectations."... It's always a relief when things are expected to be in line with expectations .... and a bit of a surprise when they diverge from them, come to think of it."Quite, LKH - bit of a curious turn of phrase, on two counts. Who writes this stuff? Of course they expect it to be in line with their own expectations... otherwise, er, their expectations would be different! Doh!!And FWIW, I always hear alarms ringing when the say in line with "the Board's", rather than "market" expectations - how do we know what they are expecting?! And how that might have changed recently?? I always picture them sitting round the Board table, the day before results, and saying.... "these are going to be terrible". And then they can put out a statement, saying... "yup, much as we expected". While the a**e falls out of the SP...."I'm glad I kept the faith with this puppy. All they need to do now is get the product right for the South American top boys, though they are less important than the Chinese."But, I hasten to append, not saying this applies to your sausage skinners... necessarily. It's been a good recovery - certainly looked cheap when I glanced at it back down around 150p, but there were a few amber lights so I was happy to pass it up. So my loss... this far at least.
LK Hyman
11 Jan 2017
Phew! From today's RNS:"Underlying operating profit* for the full year 2016 is expected to be in line with the Board's expectations."It's always a relief when things are expected to be in line with expectations .... and a bit of a surprise when they diverge from them, come to think of it.China is lookin' good, which is encouraging.I'm glad I kept the faith with this puppy. All they need to do now is get the product right for the South American top boys, though they are less important than the Chinese.LKH on the flybridge
gamesinvestor
28 Dec 2016
Der Snorker [link] one MerkyGames -- zzzzzzzzzzzzz
The buzz
21 Dec 2016
McCormick Noticed this RNS statement
VO...".. is pleased to announce the intention to appoint Malcolm Swift to the board as non-executive director at the time of our AGM in April 2017. Malcolm Swift is President of the Global Industrial division of McCormick & Co, Inc."Remember that McCormick tried to buy PFD last year...The B
The buzz
09 Dec 2016
Desperate Sales Gimmick Devro seems to have resorted to extreme advertising to sell their products![link] BU
Boring Bernie
09 Dec 2016
Re: 100k share purchase by Chairman Well, I dug down the back of the couch ( or settee / sofa, depends where you're from ) and found some loose change so I'm in for a few more as of first thing this morning.One thing I didn't know before, was that the execs ( so not the chair ) have a target to hold a number of shares equivalent to one year's base salary, so it's worth checking how many shares execs hold and how much their base salary is before getting too excited about them buying.Page was well over a year's base salary in shares already.Hoetmer's non-exec so doesn't come under that rule/guidanceJust noticed another NED's ( Lodge ) bought a few.
