Cobham Share Discussion Threads

[lurki0] 25/2/2013 18:33

These have perked up. Anyone out there with an idea as to why?

[wasteman2004] 13/11/2012 08:50

190 was a key level, and looks to have now become resistance.

[lurki0] 12/11/2012 19:29

Quite a drop. Should make any potential buyers sit up.

[bigbertie] 12/11/2012 12:20

So the profit warning has finally arrived, although I thought the interims made it look inevitable (and sold out then). 2013 looks really bad IMHO with the only good news being Thrane & Thrane which they said would be "strongly earnings accretive" next year. But that will partly be achieved by hitting this year with the integration costs. Otherwise I expect lower sales, lower margins, probably higher finance costs, and more re-organisation. I'm staying out for now. All this just my opinion.....good luck to all whether out or in.

[lucky_punter] 22/6/2012 13:12

Concern over possible further cuts in US defence spending allied to eurozone instability has prompted downgrades to a raft of defence companies from broker Investec.

[hectorp] 15/5/2012 12:44

get lost buywell.
Senior looks the better of the two.

[buywell2] 13/5/2012 11:55

Gold to $1500 eh

Told ya

[hectorp] 13/5/2012 11:52

Cobham in the I-C . No bubble, lots to come.

[northernlass] 11/5/2012 14:46

Thrane & Thrane Secured

Cobham secures majority of Thrane and Thrane

LONDON (SHARECAST) - Defence technology group Cobham says that the acceptance conditions set out in the terms of its revised offer for Danish satellite communications outfit Thrane and Thrane have now been satisfied.

Since announcing last week that Thrane & Thrane shareholders will be offered DKK435 (Danish Krone) in cash for each share, an increase of DKK15 per share over Cobham's initial offer, the firm acquired a further 159,000 Thrane & Thrane shares, respecting 2.7% of its fully diluted share capital.

The offer is subject to Cobham obtaining more than 50% of Thrane & Thrane's outstanding share capital. Cobham now owns or has received undertakings in respect of a total of 2,978,934 shares, representing 50.1% of the company.

The newest offer values the share capital of Thrane & Thrane, a manufacturer of equipment and systems for global mobile communication, at around £275m, a 2.6% increase from the initial offer.

"The offer expires on May 21st 2012 unless extended in accordance with the offer document," Cobham said.

Shares were up 1% at 222p by 15:11 on Tuesday.



P.S.

Here's a couple of links about SCLP, one of the hottest stocks at the moment:

[scobiebreasley] 19/4/2012 11:42

Oriel Securities initiates add on Cobham, target price 255p.

[scobiebreasley] 12/4/2012 13:10

very interesting article about the Thrane 'takeover'

[scobiebreasley] 10/4/2012 11:22

Cobham renews offer

[scobiebreasley] 06/4/2012 16:29

Cobham Now Owns 25% of Danish SATCOM Firm




RNS Number : 9623A

Cobham plc

05 April 2012

For Immediate Release

5 April 2012

Cobham announces acquisition of shares in Thrane & Thrane

Cobham ("Cobham" or the "Group") announced on 12 March 2012 that it had withdrawn its proposal to the Board of Thrane & Thrane A/S ("Thrane & Thrane") regarding a possible recommended offer for Thrane & Thrane at a price of DKK420 per share in cash, as the Board of Thrane & Thrane felt unable to recommend its proposal. Cobham reserved the right to reconsider its position at any time.

In that announcement Cobham commented that its strategy is to build market leadership positions in its strategic business units, by investing in technology. SATCOM is one such technology and Thrane & Thrane remains an attractive potential partner. Cobham has therefore continued to follow events at Thrane & Thrane with interest.

Following the resignation with immediate effect of the Chairman of Thrane & Thrane on 26 March 2012, a number of institutional investors have expressed an interest in selling their shareholdings in Thrane & Thrane.

This has resulted in the purchase today by Cobham from Jupiter Asset Management Limited and other institutional shareholders of 1,292,110 shares at a price of DKK420 per share in cash, representing approximately 22.74 percent of the issued share capital of Thrane & Thrane.

Cobham has notified the Board of Thrane & Thrane that, taken together with market purchases, it now owns 1,453,795 shares, representing approximately 25.6 percent of the issued share capital of Thrane & Thrane.

Cobham is continuing to consider all options available to it in relation to Thrane & Thrane.

[bigbertie] 22/3/2012 11:26

UBS reiterates buy rec with target 255p

edit - but Goldman said neutral a few days ago

[bigbertie] 07/3/2012 10:06

Results ok - profits up, net debt down, 33% rise in dividend. I'm happy.

[bigbertie] 31/1/2012 10:00

Another US contract, fuel tanks and refuelling pods for USAF, which adds to other major business with Boeing and USAF. Cobham likes to boast of the fact that it has customers in 100 countries, but about 60% of sales are in US, much on high profile projects. It must put it on the bid radar of some US companies. All IMHO - DYOR of course.

[bigbertie] 20/1/2012 10:20

aerospace shares doing well on hopes of an Indian MRCA deal?

[artnouveau] 12/11/2011 12:05

Nice article on one my favourite companies at the moment...

[dr_ex] 24/10/2011 22:26

its broken out of the downtrend. looks like it could rise some now.

[lurki0] 20/10/2011 20:02

Nice spot, Scobie.

[scobiebreasley] 20/10/2011 15:24

interesting article suggesting this weeks disposal may make a takeover of COB more likely

[artnouveau] 19/10/2011 19:51

Nice little mention in tonight's Evening Standard...

[jrr774] 18/10/2011 14:12

Thanks Bertie et al - glad I'm not alone. A buy and hold type share with a lot of attractions, maybe this site is more for active traders, hence the lack of interest. Should reward us in the medium term.

[artnouveau] 18/10/2011 07:19

Great looking company.

Will be in the market buying some today.

Share buyback being conducted to during a period when the shareprice is well below historical average.

ArtN