Chemring Share Discussion Threads

[michaelmouse] 29/12/2013 20:50

Tips for 2014 in the Sunday Telegraph:-

hxxp://michae1mouse.blogspot.co.uk/2013/12/share-tips-for-2014.html

Michael.

[erdingtonian] 15/12/2013 15:14

It would be interesting to see what Melrose would do with a company like this.
The sales volume is still good it just doesn't make money.

[broadwood] 01/12/2013 22:53

Very positive.

[fangorn2] 26/11/2013 15:58

Beats me.....

25% threshold crossed

Stake crosses 25% threshold to 25.4%, yet holding seemingly falls from 51m direct odd to 49m indirect...

Presumably one needs to reference a prior holding RNS to make sense of it?

[ianstrain] 25/11/2013 15:35

They may have a first class ceo, but he has his hands full with this one.

[randolph and mortimer] 25/11/2013 09:20

The have a first class ceo.

[broadwood] 25/11/2013 08:57

Investec Chemring Group PLC 25/11/2013
Upgrades
Hold Buy 2 260.00 260.00 194.40 0 2

[kiwihope] 25/11/2013 08:54

Oh well, my chance to average down has gone for the moment. Still, a largely reassuring update. Debt seems to have improved and sounds like they can do more to help by selling non-core businesses. That was the immediate problem which the market was worried about. We still have poor trading which will take longer to remedy but I like to way things are progressing. I was so tempted to buy more on Friday, but I already have my maximum normal holding and only allow to myself to buy more if they are seriously undervalued with acceptable risk. Although I thought they would be OK on cash and debt the risk was too great to go overweight.

[broadwood] 25/11/2013 08:14

The recovery starts here.

[kiwihope] 21/11/2013 10:48

The only reason for a fund-raising would be if covenants looked at risk and couldn't be renegotiated. That's certainly possible but I tend to think the risk of that is next year, when the ratios tighten. Sure they would have to plan early for that.

At this price I would like to buy more but, with only two days to wait I'll see what Monday brings.

[wakeland] 21/11/2013 08:19

I thought they already gave a guidance of £8M.

[time_traveller] 21/11/2013 08:15

Watching here too - any chartists care to suggest a support? After getting kicked in the balls by Bowlevens results and surprise fund raising, I'll hold off until after, this time.

[bulltradept] 21/11/2013 06:18

£1.50 - £1.80 if the trading update is poor?

Plus fund raising on the horizon possibly...

[warranty] 20/11/2013 14:53

When this does stop falling it will be one hell of a recovery stock imho and a certain takeover target. In the meantime, sincere apologies to those holding but another profit warning next week will take it nearer to my buying territory.

[kiwihope] 20/11/2013 09:20

There doesn't seem much support to the share price Falling through the 200p level.

I guess there is some nervousness ahead of the trading update on Monday 25th. Also, the sector is not in favour at the moment with the US budgets undecided.

[philanderer] 31/10/2013 15:02

Taking a bit of a tonking today in a bad market.

[blanketstacker] 29/10/2013 15:21

I had a brief conversation on Sunday, and was informed that the internal rumour at CHG is that the results will be WORSE than implied heretofore. Certain US components of the business have made some rare old boobs. If that is the case, and there is another drop, I will top up. Having said that, who knows what will happen! (Apologies for taking so long to post this).

[philanderer] 29/10/2013 10:22

Added a few more this morning.

[hugo farrari] 28/10/2013 18:11

Been watching this company for some time and generally agree with Yorgi. However the momentum is not encouraging, nor the dept which is well above my pre-tax multiplier. Will continue to monitor over the next few weeks.

[thelongandtheshortandthetall] 25/10/2013 19:25

lol

Good luck to you too Blanketstacker.

[blanketstacker] 25/10/2013 08:52

H1 results confirmed for 25 November. Good luck to one and all (be they long or short or tall).

[yorgi] 23/10/2013 15:26

Pretty much holding a tad under 220p......I would think think we will see the share price back to around 250p fairly soon but getting back above 300p could take a longer and will probably require some good news to achieve that.