II Editor
18 Apr 2018
NEW ARTICLE: 10 shares to watch for big earnings surprise "There is no shortage of evidence to show that most investors (and analysts) are pretty hopeless at forecasting how companies will perform. The equity strategist James Montier once warned that using forecasts as part of the investment process was ..."[link]
sapito
30 Nov 2017
Positive broker views Yet another positive broker assessment today, the third this month, all with an average target price approaching £7, and yet the shares seem to be drifting down. Strange.
Warren Buffoon
25 Sep 2017
Re: More Sold today @ 570p"Nice little earner"
sapito
24 Aug 2017
Re: More Shares are bouncing back, and it's not difficult to see why. Following on from my post regarding world steel production in June, the World Steel Association has just announced that world steel production for July was 6.3% up on July 2016. This all seems to contradict the company's downbeat comments in its interim announcement. Was the idea behind that to get the new CEO off to a good start, I wonder? The company needs to explain the apparent contradiction to the market (or to us all and not just privately to analysts).
sapito
03 Aug 2017
Re: More Following Vesuvius' comment about steel production "slowing", you'd expect there to be a massive sell-off of steel stocks generally to match the damage Vesuvius has done to its own share price. But that hasn't happened. Bizarre.
sapito
27 Jul 2017
Re: More Very good results, but market spooked presumably by the "global steel production slowing" comment. However, this appears to contradict the latest press release from the World Steel Association just a few days ago which reported a 3.2% increase in production in June compared to June last year, and a 4.5% rise in the first half of this year compared to the first half of 2016. If if the purpose of the comment was to create a buying opportunity, then they appear to have succeeded.
Warren Buffoon
27 Jul 2017
More More good results.Might bail out soon since they've grown 24% per annum in the 2 years I've had them.Looking for the next re-rating stock for my portfolio.....
redchilly
16 Jan 2017
Bullflag Bullflag breakout Targets 424,437,462 (short term, medium term and long term) Chart on my Twitter account - @chartsvision
Warren Buffoon
20 Jul 2016
So... So what's happening here then ??
Warren Buffoon
07 Apr 2016
Ex divi Ex divi fall today (off 6.3% as I write)
nk1999
04 Nov 2015
Panmure From ADVFN:"Broker Panmure Gordon warned that FTSE 250-listed Vesuvius is likely to be hit by the same industry pressures as German rival SGL Carbon, which issued a profit warning on Tuesday.SGL Carbon warned that, despite its cost-cutting efforts, it expects group profit to decline significantly in 2016 due to renewed pressure on prices in the graphite electrode market."It appears that steel customers are starting to reduce and/or postpone their demand for graphite electrodes already for first quarter of 2016," Panmure said.Analysts expect Vesuvius to face similar pressures, particularly from its US and European customers, some of whom are having to close plants.Panmure believes the consensus EPS forecast of 30.6p and 31.2p for 2015 and 2016 remains "too high" and expects pressure on revenues and margins particularly in 2016."nk
nk1999
08 Oct 2015
Investec From ADVFN:"Investec took a look at the UK industrials space, upgrading IMI to 'buy' from 'hold', while cutting Spectris to 'hold' from 'buy' and both Vesuvius and Weir to 'sell' from 'hold'.Investec said that for most companies, trading in September will have been weak, not terrible, just weaker than consensus expectations."This will be confirmed by the upcoming trading update season, but has been previewed by the slew of broad-based profit warnings globally and recent conversations we've had."On IMI, it said investors still generally buy into chief executive Mark Selway's s strategy and plans even if the doubling of profit target to 2018 looks a challenge."We view IMI as being at the better quality end of the UK industrials universe and the operational actions being delivered will only enhance this medium-term. While short-term earnings momentum is negative (although probably not as bad as currently assumed) we see cash generation, the balance sheet and dividend yield as attractive and the valuation as undemanding."As far as Vesuvius is concerned, the brokerage said management has continued to improve the operational performance in recent years, but multiple end market headwinds will overshadow these efforts for the time being."We downgrade our EPS expectations for Vesuvius more than for almost any other company we cover as trading in both divisions continues to deteriorate. We are well below consensus and comfortable being so."Finally, it said Weir looks vulnerable to profit revisions greater than consensus expectations reflect."The impact of copper and gold will be felt in terms of lower volumes and pricing, particularly in FY16E, we believe."Investec said this outturn is not factored into current guidance or consensus estimates."nk
Warren Buffoon
31 Jul 2015
Right way Business seems to be going the right way and a dividend increase is handy too. . . .
Warren Buffoon
22 Jul 2015
Pretty quiet Pretty quiet on this board.Just bought in to get some exposure to the General Industrial sector and keen to take on board the generous dividend.Might look a bit dodgey but the cash flow is good and there's not too much debt. ALSO, Christer Gardell has £239 MILLION invested in the company. Seems a good sign to me.....
albent
08 Apr 2015
Vesuvius infographic Further fundamentals on LSE:VSVS [link]
