LSELondon South East
IIIInteractive Investor
DTMdiscussthemarket.com
IMI nk1999
15 Nov 2015
SocGen From ADVFN:"Societe Generale downgraded IMI to 'hold' from 'buy' and slashed the price target to 975p from 1,350p after the company said on Thursday that earnings for the year would be at the low end of market views."We remain upbeat on the longer-term benefits of the strategic turnaround programme but with global industrial demand taking another leg-down we see little scope for upside surprise over the next 12 months."It said the third-quarter statement confirmed a highly challenging operating environment with sales down 5% LFL year-on-year.With a further fall in 2016 sales and management highlighting rising competitive pressure, margins in the critical engineering division look set to be capped next year at a lower level. IMI also ruled out M&A in the short - term given the macro, removing another potential earnings catalyst, the bank said."
MML roco200
14 Nov 2015
Whoops Sorry Loads, it is NIPT not NAHL. See post earlier.Sorry for mistake.
TOT pearlsasinger
14 Nov 2015
Re: Resurrection?/Out He who trades and walks awayWill live to trade another day.
GEMD Clarence Beaks
14 Nov 2015
Re: Worth buying for results? LG - that breakdown to £1 you mentioned, doubt you thought it would be almost 1 yr later, but as of today, it has hit your thought.Now I might buy a few Monday. don't think entry sub £1 is too bad.
Paris yesterday ,put all muslims in the uk and Europe, In panic mode . Enochs view from all those years ago come to haunt all! A predication as Gaddafi A gift to all nat front thugs . Hope I am wrong..
TOT Ripley94
14 Nov 2015
Re: Resurrection? Got out on Wednesday to soon once again.
SGI barnowl01
14 Nov 2015
Any good news? Has anyone read any good news about SGI?
QPP eagle51
14 Nov 2015
Re: Return of capital I don't think you're wrong, mel - what you've done is to set out the rationale and a lot of detail as to why I (for instance) am thinking along the lines I am. My thinking is a lot more simplistic and doesn't allow for tricky things like selling before the payout and buying back, say, 2 months later.My thinking was no more complicated than assuming there won't be much change in the SP (98p) between now and XD date. When that date arrives, without news or other events to change things, prima facie the shares will trade XD at 8p and when the 1;10 consolidation comes that should become 80p.For whatever reason, I don't think it will. I mentioned psychology. My feeling is that, had there been no change in the number of shares issued (and no attention drawn to it) the market might have thought: "hang on a minute, let's have a look at what's behind QPP now for 8p and concluded that with £100m+ in the pot (inc the escrow) and 3 good businesses with growth prospects, this price looks good value.It will look less good at 80p. There is no logical reason why it should, but it will because that is what happens. There is a long way to fall from 80p on sentiment alone. Only Mukerjee can do anything about it - by explaining in words of one syllable, clearly, confidently and honestly, as soon as possible, what is likely to happen from now on. I am certainly in the dark as to what is and so I believe is everyone else.This is thoroughly unsatisfactory. It's high time we had clarity. I refer again to the numerous times we were told the capital return would be no be less than £1. It was less - it is now 90p and it won't be certain we'll get this until 16 December, or whenever they decide to tell us the outcome of the court hearing. How much are we now supposed to believe of what those who told us all this now say? It was a catastrophic error of judgement not to go for the £1 return now imo.There is another possibility. If you work it out logically, nothing changed after the maximum YLF claim was established, so the state of QPP's solvency being presented to the court would have been established then and the directors could have considered all the advice they needed in a timely way. But no, there was a last minute Friday board meeting, they agonised over the weekend and we were told on the Monday morning: "sorry lads, it's only 90p". Points to poor cash flow to me - poor everything if you ask me. The picture being painted to the court needed to have £45m more colour - maybe caused by worse than anticipated cash flow? Keep an eye on those bonuses.With the planned share consolidation, why didn't the directors say that a further £1 per share will now be returned when the escrow is released next year (unless it's needed)? At least that would have lined up with the right number of shares in issue and perhaps given investors a better fix on why (for instance) 80p wouldn't be too bad a price to pay for shares that were going to return 125% inside a year.[link]
TRAF RegalPrince
14 Nov 2015
Re: Building Properties in the area's Trafalgar are involved has seen massive increases, if the pace of development increases this could be a multibagger in the making. Interim and further progress announcment from Traf will give present shareholders the potential at present and the future.
AAIF Greyinvestor
14 Nov 2015
Re: Performance True, but I'm still adding AAIF!
OML Greyinvestor
14 Nov 2015
Still adding I'm still adding these, yes there is a risk of a market fall hitting fees earned, but there is good padding in this price......
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