Bodycote Share Discussion Threads

[bluebelle] 23/2/2012 09:22

wad collector - 23 Feb'12 - 08:48 - 511 of 512

One in this sector which hasn't quite joined the party is CGS. They produced a good set of results but the Chairman in his usual dour Midlands metal basher style drew attention to the fact that if the world situation turned dire, it wouldn't be good news for CGS. This seems to have been interpreted as a concern about the future of the company rather than a statement of the obvious. I've decided to hold on to them anyway !

[cyclone x] 23/2/2012 09:00

This should pass 400p today

[wad collector] 23/2/2012 08:48

I am enjoying this reporting season - lot of good news like this one.

[bluebelle] 23/2/2012 08:42

No complaints about those !!!

[cambium] 23/2/2012 08:06

Subject:




DJ Bodycote Posts 68% Rise In Profit, Sees Further Growth




LONDON (Dow Jones)--Thermal processing company Bodycote PLC (BOY.LN) Thursday said its exposure to fast growing markets makes it was well positioned to combat any global financial downturn as it reported a 68% rise in full-year pretax profit and raised its final dividend.

"The pace of execution of our strategy is gaining momentum and we enter 2012 in good shape," Chief Executive Stephen Harris said in a statement.

The company posted pretax profit of GBP75.8 million in 2011, up from GBP45.2 million a year earlier, on revenue 14% higher at GBP570.7 million.

It raised its final dividend to 10.9 pence a share from 8.7 pence.

[painter] 23/2/2012 07:58

Great numbers!

[bigbigdave] 23/2/2012 07:31

Stunning eh?

[bluebelle] 22/2/2012 09:53

MACCLESFIELD (U.K.) Bodycote (LSE:BOY), the world's largest thermal processing services provider, today announces plans to accelerate growth of its Hot Isostatic Pressing (HIP) division with major strategic investments in North America.



Bodycote is adding capacity to its facilities in Camas, Washington and Andover, Massachusetts, including the addition of a new 'Giga-HIP' vessel. The investment in North American capacity will ensure that Bodycote continues to capture growth in the aerospace, defence and energy markets and will enable it to capitalise on the rapidly growing demand for HIP product fabrication business.



Bodycote has entered into contracts totalling over $20m in investment over the next 18 months. With the new 'Giga HIP' class of very large equipment, Bodycote strengthens its position as the world's leading network of HIP equipment with a 'fleet' of more than 50 units.



HIP is an industrial process, which combines very high temperature and pressure with inert gas to eliminate porosity in metal castings and consolidates powder metal into fully dense materials. Bodycote's HIP division incorporates two major HIP offerings: HIP Services and HIP Product Fabrication. HIP Services comprises processes such as densification of materials including metal castings and ceramics. HIP Product Fabrication brings together Bodycote's powder metallurgy near-net-shape (NNS) and HIP bonding capability.

[bluebelle] 17/2/2012 18:09

CR
Sorry about the delay in replying - been racing at Newbury !
Great fan of BOY. So many of these stocks - BOY,FENR, CGS etc - have really got their act together in recent years and went into this mini recession with healthy balance sheets and costs under control. They are in a great position to increase production quickly and profitably as demand picks up as marginal cost of (robotic) production is lower than it's ever been.

[cockneyrebel] 17/2/2012 11:16

New recent highs today I see Bluebelle

CR

[bluebelle] 15/2/2012 10:29

duggan
Another quality stock with greta fundamentals which, until recently, has been oversold and neglected by the market - yield pretty good at the price I bought at also !

[epsilon mojo] 09/11/2011 00:55

Not sure if you're joking jadeticl or if the irony of valediction's comments have been completely lost on you?

I have no doubt that he, like me, is well aware of the sacrifices made by so many during WWII & in no way meant to belittle their memory in what was clearly just a bit of BB banter.

For the record, my grandad is also dead having been fortunate enough to survive WWII where he fought alongside Monty in the North African desert.

No offence intended, just trying to lighten the mood :-)

[jadeticl] 08/11/2011 14:54

My grandad is dead, so I cant tell him! Shot in something called WWII.

[epsilon mojo] 08/11/2011 09:23

You tell that to my grandad ;-)

[valediction] 08/11/2011 08:24

Greeks, Italians, Irish, Portuguese, the Spanish who next ? !!! Why can't they all be like the Germans... they have never caused any problems in Europe.

;-)

[epsilon mojo] 08/11/2011 08:11

A very positive statement & much the same as many other companies recently - still trading strongly & in line with previously raised forecasts, despite the poor general market outlook.

Looks like we're going nowhere, though, until Italy sorts itself out.

Edt: or maybe not? :-)

[valediction] 08/11/2011 07:57

Opinions ?

[epsilon mojo] 28/10/2011 21:31

Never mind, maybe next time :-)

Not too long to wait for news - website now showing IMS as 8th November.

[epsilon mojo] 28/10/2011 09:06

Nice little surge there - now if you can just get above £3 and hold, we can really start moving again.

[epsilon mojo] 27/10/2011 14:45

Added here earlier on more positive macro-economic outlook. They can release that positive statement now ;-)

[valediction] 26/10/2011 21:45

Well sometimes the timig of a trading statement can be crucial... anything important happening now in the markets ? ;-)

[epsilon mojo] 25/10/2011 01:38

Would be nice to see a positive update here to really get this moving - imo & as the title says, "significantly undervalued".

[epsilon mojo] 01/9/2011 13:07

Not much of a rally here compared to others - seems very cheap to me.