II Editor
09 Oct 2017
NEW ARTICLE: Electric car parts firm set for big London IPO "Car parts maker TI Fluid Systems is finally set to float on the London Stock Exchange, raising a €425 million (£380 million) a year after pulling out of an IPO derailed due to market uncertainty in the wake of the Brexit vote.The cash - less than ..."[link]
Ivorjay
24 Sep 2017
Corporate Fatties ! 350needs no more comment. !Having said that, there's still a load of doyen dead wood in Medical, who have very limited or even zero impact, just collecting !These results in particular were extremely disappointing taking 'us' in real terms backwards similar to the ill fated LK era.Time for another Re-org, but more imaginative / cutting I would suggest this time round.Keep the faith the knives are out !
Ivorjay
22 Sep 2017
What's in a buzz word !? .............. ............... Certainly not profitFuel for growth, Smith's excellence............................... totally meaningless rubbishHow about some hard graft !Surely that performance results in zero executive bonus all round !Thank heavens for Fex and a very sharp pencil otherwise share price demise would have been even greater.However, keep the faith, after that, ARS cannot last much longer !
Ivorjay
23 Aug 2017
The real big fight - Burt versus Tessie Well Burt might have won on points, but Tessie knew the truth !Why oh Why BOD ?Despite currency being really favourable throughout most of the period, my expectations for the results certainly will not be !Surely it's time the management expectations were raised beyond mediocrity, and bonuses curtailed accordingly.Let's just hope the divi is unaffected.
II Editor
16 Jun 2017
NEW ARTICLE: Buy, hold, sell: High income share trades "David Smith has been the lead manager of LSE:HHI:Henderson High Income trust since 2014. Most of the portfolio is in equities, but Smith is also able to hold up to 20% in bonds. Currently, the split is 90:10 in favour of equities, a historic low ..."[link]
gamesinvestor
19 May 2017
CFO Quits with immediate effect Eh - what - has he been booted out?Is there a financial issue or somat?Games"""Engineer Smiths led the fallers after chief financial officer Chris O'Shea stepped down with immediate effect. The company assured that current trading and the outlook remain in line with previous guidance.""""
Ivorjay
19 May 2017
Chuckle Chucked !? hhhhhhhhmmmmmmmm !certainly not worth 50p !
Ivorjay
24 Mar 2017
Re: : LKH Not so sure, zero growth ! I think the markets will react negatively once full analysis of results is concluded (with all the clever accounting re-adjusted). I cannot see many of the Brokers changing their stance from 'hold' to 'buy'
LK Hyman
24 Mar 2017
Re: Is there a doctor on site ! Ivorjay,Not very generous on the divi considering the overall apparent excellence of the numbers. Still, mustn't grumble ... Mr Market likes what he sees. The GKN bloke seems to be doing well.LKH on the flybridge
Ivorjay
24 Mar 2017
Is there a doctor on site ! Medical needs emergency assistance.Chuckle brothers need to scrub up !
gamesinvestor
23 Feb 2017
Re: Looking rather expensive LK - What's happening to JMAT?Games
Ivorjay
22 Feb 2017
ROE to save the 'Chuckle Brothers' ! Half year results will meet management expectations, but only thanks to ROE translation which was better than forecast. There are no plans to sell a major division although further thinning remains a distinct possibility. Still plenty to give in terms of Market Cap valuation in my opinion !
LK Hyman
22 Feb 2017
Re: Looking rather expensive Games," massive recovery - half of which I missed out on."Look on the bright side, m8 .... I got the benefit of all of it.The ex GKN bloke seems to be doing rather well, if the share price is anything to go by.LKH on the flybridge
gamesinvestor
22 Feb 2017
Looking rather expensive Back at the 5 year highsinteresting that they have no realistic growth except modest in detection and medical.Maybe John Crane is next year, but I would bet on it.The decision on pension investment allocation looks strange - they increased their exposure to corporate and government bonds and shrunk equity.I suppose everyone is waiting for them to sell one of the two divisions (medical or detection) and issue a special divi or somat.Games -- massive recovery - half of which I missed out on.
gamesinvestor
10 Oct 2016
Pension Posted this on the GKN website but thought it worth a read for Smiths investors. I was a Smiths investor but sadly sold out too early :-The article is worth a read to put the whole thing in context.GKN features in the article alongside BAE, BT, Barclays, G4S and others.What's striking is that GKN has the largest relative pension to the size of it's business and as the article highlights the threat to all these companies dividends, GKN seems to also stick out as it has the highest payout ratio of 74% -- next nearest is Smiths with a payout ratio of 65%.I discounted Shell which has a payout ratio of 616% -- i.e. it's nowhere near covered.enjoy :--[link]
