Christian Salvesen Share Discussion Threads

[hectorp] 03/5/2006 20:45

yes I see the yield may outweigh the rating on balance of prospects takeover potential and cashflow. Wont set the world alight of course.

[upside potential] 03/5/2006 18:34

i was tempted today myself but the 06 pe is still approx 15 - not the cheapest, but i agree the yield perhaps outweighs the rating

[augustus1] 03/5/2006 18:09

I bought some of these for the yield and the potential upside

[hectorp] 03/5/2006 10:51

ah but how to buy sub 60?
- mentioned in the Investors Chronicle Bearbull feature. its the free cash per share you see.

[warranty] 28/4/2006 19:07

This is starting to look very attractive when the yield and improving situation generally is taken into account. The fuel hike will be hurting right now but looking on a medium term perspective sub 60p is a fair buy.

[touche] 07/10/2005 14:17

Why the pop up today?

[johnpaul1] 28/7/2005 10:24

breaking out, yield too high

[johnpaul1] 19/7/2005 17:38

big trades today - all buys

[johnpaul1] 29/6/2005 11:30

quiet. great yield. one to tuck away

[elmfield] 04/3/2005 13:54

good to see.

[johnpaul1] 03/3/2005 10:28

chunky buys again

[farmsted] 15/2/2005 04:08

Pleased to see someone on this board, are we in for a take over elmfield
Been a long term hold too long.

[elmfield] 10/2/2005 16:26

Tick tock....

[elmfield] 10/2/2005 11:11

buying seems to be going on.

[elmfield] 09/2/2005 18:07

and another 250,000 T at 65p today as Mr Dyson gets plugged in!

[elmfield] 08/2/2005 16:17

nice, just in time for the 250,000 t trade buy!!

[elmfield] 07/2/2005 08:31

starting the week blue,
keeping a close eye on.

[stokieboy] 06/2/2005 09:30

All plausable bracke, good summary, heres to monday and beyond.

[bracke] 05/2/2005 15:05

stokie

My thought was that 'accumulation' had taken place. not because they are likely bidders or have any particular information but because the intention is to move to 'markup' and then as the price rises ( they hope ) move into 'distribution'.

Both of us are looking for a price rise and I don't suppose we are bothered about which way it comes.

We may both be disappointed, no bid, markup fails to work, or no markup at all. In which case the price is likely to settle back to approx 63p.

There does appear to be some movement in the logistics sector currently so maybe we are being carried along on its coat tails.

Regards

bracke

[stokieboy] 04/2/2005 23:15

bracke, I bought these shares last year for the divvy, a possible re-rating, and plenty of consolidation withinn the sector as a bonus. In reference to your first statement
"Have you considered that there is no bidder and that what we are seeing is maybe no more than accumulation followed by markup in the hope by those who accumulated that the markup will kickstart a price rise after which they sell."

This doesn't seem much of solid stratergy imo....ie. buy loads of x-stock and everybody will want a piece. Perhaps a more likely tactic is that they're accumulating because they know of likely contracts or they themselves are a prospective bidder or venture company.

Lastly,

"I may have got the wrong end of the stick but if you wanted to take the company over would you trade the shares the way it has been done recently and draw attention to the share?"

This is exactly what I was trying to say in post 107 and previous.

Hope this explains my position , good luck,
heres hoping I have a better friday night next week!
Cheers
stokie

[johnpaul1] 04/2/2005 16:21

Wait for consolidation with the peace of mind in a fat dividend :)

[bracke] 04/2/2005 15:44

stokie boy

Have you considered that there is no bidder and that what we are seeing is maybe no more than accumulation followed by markup in the hope by those who accumulated that the markup will kickstart a price rise after which they sell.

Just to be clear about my own motives. I am a holder of these share and have been for somewhile. I am not shorting them.

I will be watching the price and volume very carefully to see if they do take off or whether they fall back.

I may have got the wrong end of the stick but if you wanted to take the company over would you trade the shares the way it has been done recently and draw attention to the share?

Regards

bracke

[aos] 04/2/2005 09:37

I see that Exel has started to climb again, currently up 18p. Are we being 'dragged' up by the influence of the possible takeover of Exel, ie market consolidation, or are we going up because of a general improvement in market sentiment of SVC

I see that Stocktrade will sell you online a max of 500 shares at 65p, ie full price but are prepared to buy off you 25000 shares at 63.1p, a little premium to get your shares! .

Stocktrade now offering to buy 25000 shares at 64.27p and not the indicated 63p. Something must be about to break.