Compass Share Discussion Threads

[nellie1973] 02/2/2011 13:33

Broker upgrade

[essentialinvestor] 14/1/2011 09:52

Many thanks.

[farnesbarnes] 14/1/2011 09:50

Potentially a TA play around here, but it goes ex-div for 12.5p on 26/1. I'd want the share price to be at least 575 by then.

[essentialinvestor] 14/1/2011 09:41

FB, any more thoughts on CPG?.

[yewtrees] 14/1/2011 09:39

Full page on Compass chief executive Richard Cousins in Daily Mail yesterday. Very complimentary.

[farnesbarnes] 07/1/2011 20:23

It would be if it got there...

I'm concerned regarding the recent fall on volume, and lack of volume for the breakout of 565. ADX gave a healthy reading of 25+ when it broke out, so a confirmed break in that respect, just no volume.

Ex-div for 12.5p 26/1 complicates it a little. I'd want the share price to be 580 by then ideally.

BTW - I now say 555, cos it's a falling support line from late June weekly candle thru lower candle late July.

[essentialinvestor] 07/1/2011 16:45

FB, is that a possible buying price for you?.

[farnesbarnes] 05/1/2011 08:50

Indeed. I'm looking for support at 555.

[essentialinvestor] 04/1/2011 21:00

Just checked on the FT site, and there was talk that Nomura may be selling a block of 14 million shares on behalf of a client.

[essentialinvestor] 04/1/2011 20:55

Hello FB, no I sold in December, that is a fair drop in the context of the overall market strenght.
Commodity price inflation concerns perhaps?.

Only holding Vitec(VTC) currently, trading update for VTC in mid January usually, and betting this will suprise on the upside.
Also like the new CEO at Vitec, Divisional MD at Weir previously.

[farnesbarnes] 04/1/2011 19:56

EI

You still here?

[rockafella2] 29/11/2010 15:21

CPG update here -

[essentialinvestor] 29/11/2010 12:57

Much appreciated.

[farnesbarnes] 29/11/2010 12:53

EI - np, my ten penneth.

Healthy consolidation since May 10. The session on 24/10 suggests the magnitude/force of the move could give more upside. The 26 week EMA is starting to turn up, and weekly MACD histogram is about to go positive. 20 period ADX looks good too having been quiet for 3 months - albeit, any true breakout would be confirmed by a reading of at least 25 ideally 30.

The only concern is that the distribution trend since this consolidation period started hasn't been broken yet. If it does, I'd expect the share price to be nearer 570.

I'd have 535 as short term support, 26 week EMA as medium term support, and 500 as long term support. To the upside, 570 obviously, with decent volume preferably. The 3% rule for 3 consecutive trading closes would be nice.

Thanks for bringing to my attn. Will watch with interest.

GL

[essentialinvestor] 25/11/2010 20:20

mmx


Are you expecting another fall to 515-520 here?.

Aware that you have traded this previously.

[nellie1973] 25/11/2010 19:24

Tipped in press today-BUY

[essentialinvestor] 25/11/2010 18:22

Directors Selling yesterday and today, one of the reasons for the fall?.

[toshibacat] 25/11/2010 13:33

CEO Richard Cousins is due to appear on Jeff Randal on Sky news this eve at 19:00.

[scare crow] 25/11/2010 00:19

mixed messages, its all hype i feel

Compass cautioned, however, that it continued "to see little evidence of real employment growth in our major markets and we are therefore expecting little immediate improvement in like-for-like revenues".

[toshibacat] 24/11/2010 23:42

LONDON (ShareCast) - Charles Stanley expects Compass Group (CMPGF.PK - news) to reinvest in growth and deliver steady margin expansion as it is well placed for significant structural growth opportunities in both food and support services around the world.

The contract caterer reported a 4.7% increase in revenue to £14.5bn (in constant currency) as the preliminary results showed its confident outlook, reflected in the increase of its dividend by a third to 17.5p. Pre-tax profit increased by 17.6% to £922m.

The broker notes that with significant cash flows generated through the year, net debt fell to £621m by the end of the period, even after its acquisition spend.

Organic revenue growth improved from 0.4% in the first half to 3.2% for the year end. Meanwhile margins have improved consistently over the past four years, and analyst Tony Shepard expects this to continue in 2011 and 2012.

The broker remains hopeful that Compass (LSE: CPG.L - news) can "reinvest its efficiencies" and "continue to generate new business wins" in the current financial year and maintains its 'buy' recommendation.

[scare crow] 24/11/2010 21:52

profits only inline. there was a lot of hype today




DJ Compass Profit Rise In-Line On Higher Sales
24 Nov 2010 - 07:31
LONDON -(Dow Jones)- Compass Group PLC (CPG.LN), the world's largest caterer by sales, Wednesday posted a rise in full-year profit in line with expectations on higher sales. The company, which supplies food services to schools, hospitals, offices and leisure centers in 55 countries, said economic conditions remain challenging.

MAIN FACTS:

-Sales up to GBP14.5 billion in the year ended Sept. 30 compared with GBP13.4 billion a year earlier.

-Earnings before interest, tax and amortization up to GBP989 million from GBP877 million, in line with consensus.

-Pretax profit up to GBP913 million from GBP773 million.

-Net profit up to GBP675 million from GBP586 million, boosted by cost-cutting.

-Underlying operating margin 6.9%, up 40 basis points.

-Net debt reduced to GBP621million from GBP943 million.

-Dividend of 17.5 pence, up from 13.2 pence.

-Notes that while economic conditions remain challenging, the group is is well-placed to exploit the significant structural growth opportunity in both food and support services around the world.

-Targets steady margin expansion. Cash flow used to reward shareholders and accelerate growth through fill-in acquisitions.

-CEO: "We have considerable flexibility in our balance sheet and we will continue to keep its structure under review. We continue to be relentless in our pursuit of operating efficiency and in an environment where cost remains high on the agenda."

-Shares closed Tuesday at 528 pence, valuing the company at GBP9.91 billion.


-By Simon Zekaria, Dow Jones Newswires; [phone]; [e-mail]

[essentialinvestor] 24/11/2010 20:07

Scare

I called it as I saw it this morning, it was a day trade for me.

If you think it's expensive, then fair enough, that is your view.

Missed this one, or had already sold?, I'm guessing.

[scare crow] 24/11/2010 19:58

is this mischief on this thread? the numbers are surely in line. this appears to be hype over the dividend . but the yield is only 3% and 14X looks expensive in this market

[killieboy] 24/11/2010 16:22

Nice to get some good news this week - now we have the problem of when to sell!