sold a tranche Just sold a tranche at 732.6, next deal buy<648.35 or sell>890.11
NEW ARTICLE: Electrocomponents makes new record and keep going "LSE:ECM:Electrocomponents may be 51 in stockmarket years, but that's been no barrier to an extended share price run more akin to a young tech company.This stalwart @GB:MCX:FTSE 250 Index stock has now risen by almost 300% since 2015, with today's ..."[link]
bought a tranche Just bought a tranche @ 580.75 next deal buy<513.96 or Sell>705.61
Re: bought a tranche This the best of the bell tips that i looked at 10/02/15. @ 211pDid not take it .. better off i i had.... lol... now 593p been over 600p
NEW ARTICLE: Share of the Week: Returning to dotcom boom levels "We don't keep records of, nor do we hand out awards for, the number of times companies have been crowned as Interactive Investor's Share of the Week. If we did, LSE:ECM:Electrocomponents would probably win hands down.The engineering service ..."[link]
sold a tranche Just sold tranche @ 658.5, next deal buy<582.77 or sell>800.08
sold a tranche Just sold tranche at 570.25, next deal buy<476.24 or sell>653.82.
Re: Perfect Positive Storm Bryan,"I wasn't aware of the pension deficit""The combined gross deficit of the Group's defined benefit and retirement indemnity schemes at 31 March 2017 was £104.6 million; this compares to £133.5 million at 30 September 2016 and £43.3 million at 31 March 2016"Nothing like as bad as BT's but significant - similar size to the operating profit.
Re: Perfect Positive Storm Interesting - I wasn't aware of the pension deficit. I will check it out to see how well managed it is. As regards PE I'm not at all concerned by the forward looking view given the newsflow and other fundamentals I can see/read. Dividend is due in a little while too so more than happy hold short, medium and long term unless the story changes.
Re: Perfect Positive Storm I've owned ECM in the past; and like the company. Management have done a good job of getting through some difficult times, and it looks like things are finally paying off for them, but to answer your question, "What's not to like?" - the share price. On today's results it gives a PE of 26, and a yield of 2.25%; for an underlying growth rate of under 5%.And they still have a significant pension deficit to deal with. For me that is expensive, and there is better value elsewhere; so I won't be buying at this price. However, if I were already a holder, I would be glad to continue to hold on the back of these results.When the pre close trading statement was released, I pencilled in a price of 481 as one I would be happy to buy back in on. Whilst I'm encouraged by the actual results and may push up the price at which I'd buy a little bit - 13% is too much.
Perfect Positive Storm This company has been on my radar for a while using market filters on some software I use - yield, cash coverage and safety, growth etc. This mornings announcement confirms the positive nature of the trading environment now and in the future plus the share goes ex-dividend at the end of the month I think. What not to like. Bought in this morning.DYOR.
Re: Why such a fall on such a good trading s... I thought the same, looking for a good rise, but then its always been in the back of my mind that last years 100% rise, means the SP has got a bit ahead of itself.
Why such a fall on such a good trading statement? I'm surprised - read the RNS at 7.30 this morning and expected a 5% jump up, possibly more. It opened up around 3.5%, but look what has happened since. Currently 4.73.I still can't see what the negatives are in the trading statement. Unless the good news was 'already in the price'. But still then, why the fall - the forward guidance good news is still good news, surely, isn't it? So now it isn't 'in the price'?Or is it just another case of 'buy on rumour, sell on fact'?I'd be grateful for help in understanding this.Thanks,LoveMusic
Re: up again Trading update on 10/02 - expecting good news I suspect.
up again anyone know why the price rise, is there another bid rumour?mm