Re: from UK Analyst Its GCER the house broker, so not unbiasedVolexProgress Towards Transformational Plan Volex has announced half-year results that are in line with our expectations. We are particularly encouraged by the strong revenue growth in both divisions (Power and Data) and across all regions and improved margins and the overall progress that it is making towards achieving its Transformation Plan, which was laid out this time last year. We have taken this opportunity to update our forecasts and maintain our stance of buy, with a target price of 242p. Table: Financial overviewYear to 31st March 2013A 2014A 2015E 2016ERevenue ($`000) 473,154 400,177 430,000 450,000Gross profit* ($`000) 83,171 66,022 74,390 77,850EBITDA *($`000) 8,285 12,504 18,790 20,250EPS* (cents) (1.54) (8.99) 2.55 4.39Net (debt)/cash ($`000) (19,500) (32,220) (6,220) (1,000)Source: GECR and company*Adjusted Key data Share Price 66.75p52 week high/low 118.09p / 64.50pPrimary exchange LSE (Main)EPIC VLXShares in issue 90.25mMarket Cap £60.24mSector Electronic & Electrical Equipment
worth watching [link]
Re: Any one tempted to buy here? I've been in this for a few years and currently nursing a 35% loss. Yet I am happy to stay and wait it out while in the meantime re-investing the dividends. Yes a dividend cut is a possibility but this company is very proud of its growing dividend record and I believe it will do whatever it takes to at least maintain the divi. A cut would see the discount really widen. My feeling is that commodities are at the bottom of the cycle and cannot go much lower without wiping out a lot of companies worldwide If that happens lack of supply will kick in a again in any event.. Whether anyone buys this stock at these prices surely depends on your timeframe.and its not for the fainthearted. In 18 months time we will be in a different position.
Re: Nearly there 02.06.14 In-vester: Not long to go now.GLA
Re: Keeping up at the back well done lol
stg [link]
All gone quiet..? Prediction......I bet there`s a day before Xmas when 300m shares change hands in a day!!
Re: All Gas Ok all quiet on the front, tin hats brigade. One thing we may be missing here !! Ineos ! who are they. Petrochemical giants, according to the Mail today. Scottish edition. Quote Ineos has already secured fracking licences for 281 square miles in the central belt in Scotland. Earlier this year ,long before HH , rumours were that a major French oil and gas company were looking to join the upcoming fracking boom. The only drawback was they needed to buy-out existing operators licences,as they couldn't apply for other licences unless they were existing approved operators. Ukog and partners dived into HH . Dor has a slice of 3 existing oil finds.Now;anyone want to fill in the blanks. A Scottish government spokesman said. We should proceed cautiously,and take evidence based approach to unconventional oil and gas extraction. Russia just recently signed an $500 billion deal with China. The gas that presently flows to Europe through the Ukraine,will very soon be heading East. Now lets see what the results of the logs at HH say. Just my take on the big picture. anyone care to speculate, ? Gla S
A very big deal! It will be interesting to see if the market thinks this is great or not! Very difficult to tell from the announcement as the financial numbers don't look great but the strategy has potential.
Re: CURRENT FORWARD PERs Just read a piece on Reuter's suggesting the need to expand their capital bases may lead to insurers dispensing with their recent special dividends. That would suggest quite a cut in most of the rates given. ADM, LRE, and Hiscox could see them halved or worse.
Nomura maint 200p tgt Lamprell FTSE 250 Energy Buy 200p 140.75 42.1% NomuraHochschild Mining FTSE 250 Basic Materials Hold 140 102.1 37.1% Numis Securities Ltd
Re: Up 15% and still a steal lookin like a sell down to my 30p..
Re: Some recovery rapidly approaching a SELL target 550..
From LSE bb We should email Shandong. If they are interested, they should contact our brokers to buy our shares.---------- ---------- ---------- ----Shandong own 25% of AMI at the moment. I don't really know how many shares are in pi hands. 30%? We inform Shandong that we are willing to sell our shares to them at a price ( may be 20p?). I think we are all holding our shares in nominee accounts? Usually, to transfer your shares to somebody you have to hold share certificate ( it is easy to do it, pay broker about £50) . I think we should all email Shandong and ask. What do you guys and girls think?---------- ---------- ---------
Re: Sold well done..sell..initial target 160..
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