Clyde Process Solutions Share Discussion Threads

[cockneyrebel] 07/9/2009 08:55

More good news today, breaking out.

Fenner also putting out good trading news - must be a read across imo.

CR

[cockneyrebel] 03/9/2009 11:24

Lloyds increasin gtheir stake to over 10%.

CR

[cockneyrebel] 01/9/2009 10:54

I reckon on a better day these would have been up much more Cambium - news came out on a bad day - reckon over the coming week these will pick up nicely.

CR

[cambium] 01/9/2009 07:59

MM marked up already

[cockneyrebel] 01/9/2009 07:43

Trading ahead of expectations - huge growth potential here imo as co's move to more energy efficient conveyors. Were growing profits like the clapper prior to the recession.

CR

[cockneyrebel] 01/9/2009 07:39

Pre-close Trading Statement (Clyde Process Solutions)





TIDMCPSP

1 September 2009

Clyde Process Solutions plc

("CPS" or the "Group")

Pre-Close Trading Update

Clyde Process Solutions plc (AIM: CPSP), a global provider of pneumatic
conveying and air filtration solutions for process industries, is pleased to
provide the following pre-close trading update as it enters its close period
for the six months ending 31 August 2009.

The Group is pleased to announce that trading performance has been slightly
ahead of market expectations in the first half. This strong performance has
been achieved despite the current challenging macro-economic environment within
the Group's key customer markets. The Group has also benefited from the full
implementation of its cost savings initiatives. Furthermore, the Group has been
buoyed by the creation of a strong pipeline of opportunities across diverse
industries through the implementation of focused marketing campaigns. Whilst
timing and decision-making processes for customers' capital investments remains
difficult to predict with any degree of certainty, the Group continues to work
closely with prospective customers to ensure that when decisions are reached,
the Group is ideally placed to execute orders without delay.

As announced in May 2009, revised terms with CPS's bank and an amended banking
facility have been agreed during the period, with a one off facility fee charge
of approximately GBP445k and competitive increases in bank interest rate margins.
The Board felt it appropriate to renegotiate the Group's banking facility in
order to provide long-term funding and suitable levels of headroom given the
backdrop of the current macro-economic environment.

The Group's order book at the end of July 2009 stood at GBP25.3 million (July
2008: GBP34.9 million). Solid progress has been made in the execution of the
order book to revenue since March 2009 and the Group anticipates its order book
will strengthen as opportunities convert in the coming months. The July 2009
order book includes two postponed contracts in the steel industry, which
between them contribute GBP1.7 million to this figure. The Group was informed
that both of these contracts would remain dormant until 2010, however, one of
these contracts is currently being steadily executed due to the increased
demand for this customer's products.

The food industry remains the Group's largest key customer market during this
period, with significant progress secured within sugar. The Group has won
several contracts, predominately within North America, to provide a range of
pneumatic conveying solutions capable of handling sugar within the production
facilities of some of the world's most prominent suppliers. These successes are
initiating the creation of a global strategy focused on generating close
customer contact with existing and prospective suppliers within the sugar
industry, which the Group is confident of converting into enquiries and orders
in the forthcoming period.

Alex Stewart, Chief Executive of Clyde Process Solutions plc said: "Our
customer-focused sales and marketing initiatives have generated both a strong
result for the current period and a pipeline of opportunities we aim to convert
during the next six months of this financial year. Our ability to communicate
the economic and environmental benefits provided by our solutions has been
tested in what continues to be a very challenging trading environment. However,
our focus for the second half of this financial year is to continue to convert
our

[cambium] 22/8/2009 11:05

welcome aboard as they say CR

[cockneyrebel] 22/8/2009 11:01

From the results in May:

"Operational highlights

- Full integration of the Group's combined entities in North America,
generating significant order wins

- Strong forward order book of GBP28.1 million at the year end (2008: GBP25.0
million), which has risen to GBP32.0 million at the end of April 2009

- Full strategic review of operations successfully completed and yielding
results

- Agreed revised banking facility to provide long-term funding and suitable
levels of headroom

- Strongly diversified strategy across technologies, customer markets and
geographical territories

Commenting on the results, Jim McColl, Chairman of Clyde Process Solutions plc
said: "Through the implementation of a well diversified strategy, which has
been complemented by focusing on customer contact, costs, credit and cash, the
Group has been able to deliver record results in what has been a challenging
macro-economic environment."

"By fully integrating the Group's combined entities in North America we have
been able to secure significant orders, particularly in the food industry, and
we believe that this combination will continue to generate contract wins across
our other geographical territories. Our key customer markets continue to seek
solutions that can reduce energy and the environmental impact of their
operations and we believe that our Group is well positioned with the
technologies, market focus and global network to solve these challenges, as
well as building on these record results."

So the order book has increased and the company sounds as confident as you might expect in a market like this.

Forecast to do 7.6p eps by Arden Partners as recently as June, that's a PE of 6.

If inventort destocking is over and we start seeing an inventory build here then CPSP should do well and may beat those forecasts by some way imo.

The company has an Interim Management Statement around Sep 2.

I nottice a couple of buys yesterday - might be a bit of interest here again now that statement is fairly imminent. A PE of 6 seems to be factoring in a miss by some way imo - if these are in line I reckon they will be going up quite nicely. Order book was up 15% on last year at the final results.

CR

[cockneyrebel] 10/7/2009 10:51

So Lloyds have taken all of Blackrock's holding - and more large trades going through today.

CR

[cockneyrebel] 09/7/2009 10:55

Blackrock's stake gone then - risen while they were selling - pretty interesting imo, wonder who's buying.

CR

[cockneyrebel] 06/7/2009 13:59

Dunno chutes but very large trades going through

CR

[chutes01] 29/6/2009 15:22

With near term announcements due, do not think 50p will prove to be much of a stumbling block for us !

[chester] 29/6/2009 14:53

In my opinion, if we get through 50p on a closing basis, we're looking good.
Back to 2005 50p has been excellent support but now it might short term turn into resistance.

[chutes01] 26/6/2009 14:32

I have enough, may add later.
Looking brilliant here.

[cockneyrebel] 26/6/2009 11:21

50K buy - someone at the AGM today?

CR

[chester] 26/6/2009 10:24

Nice chart too...

[cockneyrebel] 26/6/2009 10:16

Nice 50K buy moving it today chute01 - you?

CR

[cockneyrebel] 25/6/2009 11:31

attractive spread now.

CR

[chutes01] 24/6/2009 15:56

Indeed looks decent, mightget back in here,
all the best.

[cockneyrebel] 24/6/2009 15:35

very significant break out here

CR

[cockneyrebel] 21/6/2009 12:43

yep, I've looked at Interbulk several times - I think they are a victim of the rise in fuel prices and the decline in business as much as any other business imo.

CR

[rathkum] 21/6/2009 12:33

Unfortunately I hold a large chunk on Interbulk Group whose share price has been very depressed and in which Jim a director has a holding of 5.5%.

[cockneyrebel] 21/6/2009 12:02

Spread isn't that bad imo.

Your broker should be able to get half a penyy to 1p within spread imo. If he can't then there's little stock about and a modest buy will probably move the bid up, narrowing the spread in a lot of instances. It may be a buy or two of 5K actually shift the bid up to 41p here.

Anyway, always wise to remember it's illiquid and MM' deal in 2K - 2.5K as a normal size. Not sure most punters should be holding loads - 10K in present times is probably plenty in view of the size mm's deal in. I'm holding a few more than that but feel pretty confident with it being a Jim McColl stock.

CR

[rathkum] 17/6/2009 13:29

Same here, sadly that seems to be the problems in these markets.