Aggreko Share Chat - AGK
|Share Name||Share Symbol||Market||Type||Share ISIN||Share Description|
|Aggreko||LSE:AGK||London||Ordinary Share||GB00BK1PTB77||ORD 4 329/395P|
|Price Change||Price Change %||Share Price||Bid Price||Offer Price||High Price||Low Price||Open Price||Shares Traded||Last Trade|
|Industry Sector||Turnover (m)||Profit (m)||EPS - Basic||PE Ratio||Market Cap (m)|
Aggreko Share Discussion Threads
Showing 2050 to 2075 of 2075 messages
|Fair play. It was pretty bombed out before the recent falls. Although some here point out the racy ratio, I think there will be some corporate activity next year and a special dividend...||zcaprd7|
|£10 looks tempting but as cfb2 points out, next year has already been flagged as difficult so I guess it may be wise to sit on the sidelines for a while longer.||salpara111|
|xcaprd7: I've been watching this fall too and evaluating it's potential. My investment rules have resulted in me selling half my holding around the £12 and I'm currently sitting on a loss (if I exclude all the dividends I've had over the years). The Chinese markets continue to fall and this is having a knock on effect to European stocks. Whilst the market decides whether this is an excuse for a correction or the start of a melt down, and prices stocks like Aggreko accordingly, I consider the risk of buying at £10 too high. Next stable point on the chart is 730p. Aggreko's own business review said that they are restructuring their business in 2016, with cost savings in 2017 and lower margins short term. Put that against a slow down in the global economy and 730p looks likely to me. However, I'm sitting on a loss so you'd be wise to ignore me :) CFB||cfb2|
|Anyone tempted at £10?||zcaprd7|
|I'm out for now. 1533 sold||makeaprofit|
|trying to catch a falling knife?||zyzzyva|
|also there was a director purchase yesterday:
Aggreko plc has received notification from Uwe Krueger, Non-executive Director of Aggreko plc, that on 10 August 2015 he purchased 3,000 Ordinary shares of 4 (329/395) pence each, at a price of 1102 pence per share.
As a result, Mr Krueger's interest in the ordinary share capital of Aggreko is 3,000 shares.
|BlackRock seem to think so - they've announced today that there holding has gone above 5%
|I think this will come good eventually. Need to understand the 2 entity strategy going forward though?||zcaprd7|
|suspect previous ceo saw this coming. he is a very smart guy. must have seen better opportunities at basket case serco||zyzzyva|
|wonder if this will end up like APR- dropped over 90% in less then 2 years||zyzzyva|
|the consensus forecasts are still showing earnings growth next year. surely this is very hopeful? when existing contracts are re-negotiated, surely there could be price pressure like with the bangladesh contract?||zyzzyva|
|down around 20% (margins are lower) but revenue is up!
|are profits collapsing?||zyzzyva|
|Pretty relentless. £10 looking likely...||zcaprd7|
|from today's interims...
-- Local business revenue increased by 3%, aided by successful delivery of the inaugural European Games;
-- Power Projects revenue down 9%, driven by Bangladesh pricing and lower utilisation on Panama contract;
-- Solid year to date order intake of 451MW and strong order book reflecting extensions in Argentina, Ivory Coast, Bangladesh and the first 115MW in Mozambique;
-- Strong balance sheet with 0.8 times net debt to EBITDA; net debt down GBP70 million on prior year;
-- Maintained interim dividend of 9.38p;
-- Full year fleet capex flexed from GBP300 million to GBP270 million reflecting current trading conditions;
-- As reported on 24 July, results are impacted by the slowdown in the North American oil and gas sector, lower than expected pricing on the Bangladesh contract extension and lower production levels in Yemen due to ongoing security challenges;
-- Continue to expect full year profit before tax to be between GBP250 million and GBP270 million at current exchange rates.
At the full year results in March CEO Chris Weston announced a comprehensive business review to identify priorities for the next phase of growth.
-- Aggreko is a strong and resilient business in growing markets serving a critical need;
-- The market environment has changed;
-- A new organisational structure (announced 22 June) is required to better address those markets and improve operational efficiency:
- Created two separate business units, Power Solutions and Rental Solutions, effective from 1 August;
|interims pretty much as flagged, dividend maintained... The Board has decided to pay an interim dividend of 9.38 pence per ordinary share which is in line with the same period in 2014; dividend cover is 3.2 times (30 June 2014: 3.9 times) and is consistent with our strategy of full year dividend cover of around 3 times (31 December 2014: 3.0 times). This interim dividend will be paid on 2 October 2015 to shareholders on the register at 4 September 2015, with an ex-dividend date of 3 September 2015. ...for future reference now added to the header.||bountyhunter|
|£3 ?? You need to stop smoking that stuff !!||flatoutfred|
|im out today cant stand it any more could be heading to 300p at this rate :-(||gucci|
|Another nasty day...||zcaprd7|
|We have had some very good special divi's||makeaprofit|
|Very small dividend?||zcaprd7|
|still trades on a pretty punchy multiple and the share price has massively outperformed the FTSE 100 over any period longer than 5 years. The stock got to a point where it was massively overbought, it is no longer growing but pays a very small divi so there is nothing to support the share price The new guy will probably enjoy a period of grace which may see the share price rebound but it is clearly going to be very difficult to turn the business's fortunes around given the long term nature of their contracts. Personally I am not tempted at present.||salpara111|
|In the name of the wee man WTF is going on ?||flatoutfred|