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ELM Elementis Plc

145.60
0.00 (0.00%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Elementis Plc LSE:ELM London Ordinary Share GB0002418548 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 145.60 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
144.00 144.80
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Inorganic Pigments USD 727.8M USD 26.5M USD 0.0451 32.28 854.86M
Last Trade Time Trade Type Trade Size Trade Price Currency
18:03:02 O 100 144.197 GBX

Elementis (ELM) Latest News

Elementis (ELM) Discussions and Chat

Elementis Forums and Chat

Date Time Title Posts
08/4/202407:32Elementis with Charts2,879
07/3/202408:516% traded today something is up!3
30/7/201820:12Elementis (ELM) One to Watch on Tuesday -
24/3/201117:16gardenarc14
14/3/200708:59maybe2

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Elementis (ELM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
06:15:04144.20100144.20O
06:15:04144.717,54810,922.41O
2024-04-15 16:20:51143.195,4567,812.66O
2024-04-15 16:20:16143.021,8992,716.01O
2024-04-15 16:11:46145.601,5272,223.31O

Elementis (ELM) Top Chat Posts

Top Posts
Posted at 15/4/2024 09:20 by Elementis Daily Update
Elementis Plc is listed in the Inorganic Pigments sector of the London Stock Exchange with ticker ELM. The last closing price for Elementis was 145.60p.
Elementis currently has 587,125,795 shares in issue. The market capitalisation of Elementis is £854,855,158.
Elementis has a price to earnings ratio (PE ratio) of 32.28.
This morning ELM shares opened at -
Posted at 08/4/2024 07:30 by bigbigdave
BARCLAYS RAISES ELEMENTIS PRICE TARGET TO 155 (137) PENCE - 'EQUAL WEIGHT'
Posted at 29/2/2024 16:20 by solarno lopez
But the price rises
Posted at 25/1/2024 16:46 by redwing1
I remember a brief moment at the start of covid when the price did indeed dip below 20p intraday, even if it looks like about 42p bottom on the charts. So I am giving Toffeeman the benefit of the doubt.
Posted at 19/1/2024 07:47 by bigbigdave
JPMORGAN RAISES ELEMENTIS PRICE TARGET TO 172 (144) PENCE - 'OVERWEIGHT'
Posted at 25/9/2023 09:07 by lomax99
Investors back Franklin Mutual calls for Elementis saleLeading investors in Elementis have supported calls for a sale of the company as their "patience has run out" with its executive team.Shareholders in the chemicals group have backed the calls from a key investor for new ownership after the board of directors refused to consider a sales process lastlast week.Franklin Mutual, a US fund manager with a 9.8 per cent stake in the group, last week outlined its concerns about Elementis's "stagnant share price" in an open letter after pleading with executives for change behind closed doors. But the board said the company would not solicit bids because the business could still create "substantial value" as an independent entity. They said the company had performed well despite the worsening economy.Investors have now publicly backed Franklin's stance after years of privately campaigning with the board for change. Franklin has complained that the board has been unable to improve operating performance and returns and urged for a formal sale process to start before the end of next month.Schroders Investment Management, the company's sixth-largest shareholder with a stake of 3.8 per cent, said Franklin's statement was "brilliantly analysed".Andy Brough, co-head of Schroders's European small and mid-cap equity team, said: "It was absolutely one of the best letters I've ever read in my 135 quarters of running money. I'm quite envious actually. I absolutely support them and I think quite a few other shareholders do."Odyssean Capital, the eighth-largest shareholder with a stake of 3.1 per cent, said investors had given the board time to "demonstrate their ability to add value" after rebuffing previous takeover offers. Minerals Technologies, a US company, made a 130p-per-share bid for Elementis in 2020, and Innospec, a US chemicals specialist, offered 160p per share in 2021. Elementis's share price is 124p.Stuart Widdowson, managing partner at Odyssean, said: "We believe that Elementis is a higher-quality company with some unique and valuable assets and believe that the rating of its shares has failed to reflect these attributes for some time."We suspect that other shareholders share many of the frustrations, views and sentiments expressed by Franklin, who are hardly well known as activists. It seems like the shareholders' patience has run out and maybe it's time for someone else or some other corporate to have a go at unlocking the value that sits within the company."Elementis declined to comment.pleading with executives for change behind closed doors.
Posted at 29/3/2023 14:33 by venezuela45
This is a real dog. How is the CEO still employed??

He’s taken the share price from 211p in 2016 down to 113p today, destroying the value of shareholders and has taken the company from paying a good dividend each year to not paying one at all since 2019, depriving shareholders of valuable returns. The share price is now stuck in a depressive rut and no sign of any dividend which presumably when it comes back will still be at a much lower level than before.

Not only that but he’s taken the company on a debt fueled acquisition misadventure which from their results presentation made zero profit in 2022 despite spending half a billion of shareholders money in 2018.

Quite what the board have been doing is a mystery but such a destruction in shareholder value is disgraceful.
Posted at 28/9/2022 09:01 by value viper
ELM actually report in USD thoughBut their shares are quoted in £Any US potential buyer potentially looking at a collapsed pound bargain accordingly...as I understand itAgain NRII note this is the largest holding in OIT who are proven stock pickers The early August results were strong unless things have deteriorated in the interim which I suspect unlikely but wtfdik ....
Posted at 30/6/2022 09:23 by am555
Terrible recent performance - the company is going nowhere and I now doubt whether any bidders will emerge until price drops further. Time to offload ? What did the Board say about a value of £1.70 !
Posted at 04/3/2022 12:37 by qs99
Looks a mad price drop, did I miss a profit warning somewhere? DYOR
Posted at 14/11/2021 09:47 by simon gordon
R&M Recovery Fund - 31/10/21:

We continue to build a position in Elementis, a specialty chemicals producer focused on the coatings, personal care and talc markets. Its potential to deliver improved profit margins is supported by leading positions in niche markets which have recovery potential following covid-19 disruption. Hard to replicate asset bases (chromium, hectorite and talc mines) and, above all, IP (intellectual property) in formulations underpin the quality of its business franchises. Elementis products are typically only a small part of customers’ overall cost (3-5%) but play a critical role and are therefore follow value-based (rather than commodity) pricing structures, another way of saying it has strong pricing power. There are sustainability tailwinds for its products, such as hectorite clay replacing synthetics, which we believe are genuinely incremental and overall, the faster growth in value-add products is shifting margin potential upwards. Share price weakness, which we associated with general investor concerns around the macro outlook rather than anything stock specific, has given us the opportunity to buy at ~12x normalised free cash flow. We see this as an attractive discount to fair value whether you look at the group as a whole or broken up into the sum of its parts.
Elementis share price data is direct from the London Stock Exchange

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