AGA Rangemaster Share Discussion Threads

[burkedavid] 07/3/2014 07:21

Getting a mention on the bbc business desk

[anony mous] 07/3/2014 07:18

Good steady numbers.China in hand too.Looking very positive.

[18bt] 06/3/2014 10:50

Results scheduled for tomorrow?

[mark10101] 21/2/2014 09:25

Interesting I bought into Aga when a friend who has two properties and old Aga in that flooded in 2012 said he had ordered two of the new electric Agas to replace them. I then looked into Aga in more detail I like what I saw in terms of a recovery play.

It is certainly the rural locations like Somerset where there will be a lot of Agas but my understanding of the floods is the total number of houses actually flooded (oppose to the spectacular images of an inland ocean) is not as great as you would expect. Some of those riverside Thames houses will likely have an Aga so it will undoubtedly help. Another wind behind Aga's back event.

[eggbaconandbubble] 21/2/2014 08:09

Surprised that the market has not reacted to all those flood damaged units!

[mr_bluesky] 17/2/2014 18:04

A break over 175p to target circa 220p IMO soon.

Mr Bluesky

[mr_bluesky] 17/2/2014 18:02

Looks like AGA is on the move again at 172.5p.

a break over 175p to confirm with a target of 220p or so.

Mr Bluesky

[2breakout] 17/2/2014 16:43

Exactly as sharewatch said this month prices being manipulated by sets on so many stocks.

[allstar4eva] 17/2/2014 16:14

Results soon?

[paul_butcher1999] 15/2/2014 22:59

Consider it confirmed

[roninv] 03/2/2014 15:51

A trade of 107418 gone through around 15.26?

Can anyone confirm that for me please.

[2breakout] 03/2/2014 15:17

Thats some target - cheers cr. Any thoughts why no trading update in Jan, been back through news and they always seemed to have one mid Jan.

[cockneyrebel] 03/2/2014 15:06

Broker Forecasts ‏@BrokerForecasts 6m
Canaccord Genuity has initiated coverage of AGA Rangemaster Group with a Buy rating, price target 300.00p

Currently trading @ 166p :-)

CR

[mark10101] 02/2/2014 21:54

Been looking at the last 4 years and there has been a trading update around 10th-15th of Jan each year.

[mark10101] 24/1/2014 13:10

Not sure about a trading update but it looks like another one of our low volume shake outs to fill a buy order.

[poppyjade] 24/1/2014 12:15

should we be expecting a trading update any time? last year AGA released an update on the 11th Jan.

[trigger blade] 09/1/2014 15:42

Paul-Butcher1999,

Delayed reply to your point regarding Chinese copies.

I work in the appliance industry, I've known and dealt with the Vatti company possibly even longer than AGA have, almost ten years and I see the risk of Vatti setting up to copy AGA as very small. In fact, it is more likely to be anybody but Vatti, competitors of theirs would be more likely candidates.

It isn't just the AGA product that they're trying to market in China, it's the Rangemaster range cookers as well. A large part of the attraction to wealthy Chinese is the Made in UK label, although I know of examples of Chinese products under European brands being sold in China as European.

All of this is in a market where oven cooking is completely unknown, so potential customers aspire to a European lifestyle.

[mark10101] 09/1/2014 15:20

Well, been re-shaken again rather than the recovery I predicted, pathetic volume though so not really yielding them much.

[mark10101] 09/1/2014 09:44

Looks like a bit of fishing for stops in that 5 min drop. Got a sneaky feeling this could turn blue this afternoon if we get a strong open to the DOW as now suggested.

[cockneyrebel] 07/1/2014 07:42

TPT like for like up nearly 10% this Q - sounds like kitchen refurbs and sales may be stronger than many expect imo.

CR

[mark10101] 05/1/2014 21:15

I have been in AGA for the good run up, I have set personal targets where I would review and possibly exit, but as time goes on targets pass and the news improves. I then take a step back and questioned if it is not worth staying in for the long haul. If China takes off as you say the multiples from here could be very attractive.

[gymratt] 05/1/2014 19:41

Agree, Mark..win win situation for AGA, but do hope China proves to be a Stella success for the company..in which case, who knows what multiples the share price could be in a couple of years time...;0)

[mark10101] 05/1/2014 19:10

Paul, I agree it is absurd but that is what they do and the life of the rich does become a bit absurd, especially the Chinese.

hxxp://www.bbc.co.uk/news/business-13284481

I see little risks of copy cat AGAs, the only question for me is if AGA can get on the must have list of the Chinese rich, if they do we could be in for a very interesting few years. If the Chinese story is not that great I still see good times ahead for AGA as existing owners upgrade to the new models.