JR710
13 Jul 2016
The Petition is gaining support Apologies for board hopping; but !The petition is going quite well; ~5850 signatures so far. ONLY 4 weeks to go !!![link] you hate seeing buys reported as sells etc!!!!!!Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog.If you follow tweeters etc, send it to them please!If this petition doesn’t reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.So – If you haven’t yet signed or indeed have but haven’t passed it on to others, then now’s the time to do so.
Simbrad
26 May 2016
Read Beaufort Securities's note on INTERTEK GROUP PLC (ITRK), out this morning, by visiting Research Tree "The Group are on track to deliver robust full year revenue growth at constant currency and continue to expect to deliver solid organic growth performance in 2016 with Group margins broadly stable year on year. Intertek operates a high margin and strongly cash generative earnings model with a track record of sustainable growth and shareholder value creation. Looking forward, Intertek will continue to see structural growth opportunities in the Total Quality Assurance market as corporations focus on risk management in their increasingly complex operations and supply chains. Despite Intertek's track record we move our recommendation to..."
gamesinvestor
12 Jan 2016
Sold Second time out at 2732 -- valuation looks stretched and I can only assume the CEO bought in the hope of a bid. Given that SGS shares have hit a new low, I don't see this anytime soon,Could be wrong of course, but with a P/E up at 20 and a growth projection in earnings of 8%, it looks expensive and in a jittery market (although when has it not been so?).Lambo -- you still have £20 in your machine, or have the battery's run out of the thing due to a shortage of lithium?Games
gamesinvestor
24 Nov 2015
Trading Statement 10 month from January and the last 3 months highlighted.Revenue and profits both up a couple of % points so seems pretty solid.GROUP PERFORMANCE: 10 Months· Group revenue at £1,780m increased by 2.8% at actual exchange rates and 1.8% at constant currency.· Constant currency organic revenue increased 1.2%.· Continuing good growth from Products and Trade related businesses.CEO Statement :-"The growth momentum of the Group has improved in the last 4 months and we are on track to deliver our full year targets. We benefited from good growth in our Products and Trade related businesses which represent 90% of the Group earnings, while as expected the trading conditions remained challenging in our Industry Services businesses. The Group remains strongly cash generative and we have continued to invest to take advantage of the attractive growth prospects in our markets with capex initiatives and acquisitions. We have broadened our geographic coverage and service offering with the acquisitions of PSI and MT in the USA. These acquisitions position Intertek as a leading 'one stop shop' service provider for its clients in the rapidly growing US commercial and civil construction markets. The Group has a diversified profitable business and is well positioned to benefit from the attractive structural growth prospects in our markets based on our global network of state of the art facilities, the breadth and depth of technical expertise inside our organisation and the quality of our Testing, Inspection, Certification and Assurance service offering."Games
gamesinvestor
05 Nov 2015
CEO Buys In 28-Oct-15 Buy Andre Lacroix 2,596.10p 100,000 £2,596,100.04Rather a big commitment. He must know something with this level of entry.Perhaps it will be sold this time, I've decided to follow his lead.Games
II Editor
14 Aug 2015
NEW ARTICLE: UK stocks most vulnerable to China slowdown "Long-running concerns over China's economic slowdown have left exposed stocks looking rather bruised. Although most reckon China's economy will slow at a safe rate relative to inflation and employment, in the event of a hard-landing, there will ..."[link]
II Editor
02 Mar 2015
NEW ARTICLE: Intertek justifies rating and hikes divi "A decent rise in the dividend and positive outlook was enough to offset a dip in profits at LSE:ITRK:Intertek last year. The product inspection services group topped the FTSE 100 risers and, while the shares may not be cheap, the City is ..."[link]
gamesinvestor
02 Mar 2015
Final Results Key Financial Points· Constant currency revenue up 2.3%, including acquisitions which added 2.9%.· Constant currency organic2 revenue down 0.6%; and up 1.4% excluding low-value Industry contract exits.· Operating margin1 15.5%, down 20bps.· Strong cash performance with cash generated from operations1 of £403.7m, up 2.4%; Free cash flow of £184.8m, up 41.5%.· Reported diluted Earnings per Share ('EPS')1 of 132.1p, down 4.7%.· Recommended full year dividend per share of 49.1p, up 6.7%. Key Operating Points· Good growth in Consumer Goods, Commercial & Electrical and Chemicals & Pharmaceuticals divisions, driven by Textiles, Electrical, Building Products, Transportation, Lubricants, and geographically in the Middle East, India, Turkey and Vietnam.· Industry & Assurance revenue decline includes the strategic exit from low-value contracts (reduced Group organic growth rate by 2.0%) and reductions in oil and gas capex infrastructure project work. Food & Agriculture and Business Assurance grew strongly.· Commodities saw growth in the oil and gas cargo trade business, but this was offset by declines in Minerals resulting mainly from the Indonesian ore export ban.· Continued focus on profitability with cost alignment in response to market developments and overall cost improvement initiatives; £23.5m restructuring cost.
gamesinvestor
19 Jan 2015
Buy ratings [link]
nk1999
10 Dec 2014
Brokers From UK-Analyst:"Beaufort Securities placed a "buy" rating on product testing and safety inspection firm Intertek (ITRK) with the broker saying that the shares present good value on a fundamental basis after falling by 37% from their peak in July 2013. Beaufort believe that Intertek presents a good opportunity for investors looking to act defensively. Deutsche Bank and UBS both issued "buy" ratings last week. The shares rose by 17p to 2,195p."
