We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Cookson Grp. | CKSN | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 645.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 645.00 | 645.00 |
| Top Posts |
|---|
Posted at 19/12/2012 18:12 by robertfaulkner SPOB HAS KINDLY OPENED A NEW THREAD FOR VESUVIUS UNDER "VSVS"CKSN CHART(on this tread, also by spob) IS NOW DEAD PLEASE DON'T POST ON THIS THREAD AS WE WILL MISS IT |
Posted at 17/12/2012 16:17 by peter27 Everything you want to know:Cookson Group plc ("Cookson") is pleased to announce that all the conditions to the scheme of arrangement of Cookson, which was announced on 1 November 2012, (the "Scheme") in connection with the proposed demerger of the Performance Materials division of Cookson to Alent plc have been satisfied and the Scheme has now become effective. In accordance with the terms of the Scheme, the Cookson Shares have been cancelled and Cookson has become a wholly-owned subsidiary of Vesuvius plc. Vesuvius plc has issued and allotted one Vesuvius Share for each Cookson Share held by Scheme Shareholders on the Cookson register at 6.00 p.m. on 14 December 2012, the Scheme Record Time. The listing of Cookson's Shares on the premium listing segment of the Official List and to trading on the London Stock Exchange's main market for listed securities is expected to be cancelled with effect from 8.00 a.m. on Monday 17 December 2012. Vesuvius Admission is expected to commence at 8.00 a.m. on Monday 17 December 2012. CREST accounts will be credited with Vesuvius Shares at 8.00 a.m. on Monday 17 December 2012 and certificates in respect of Vesuvius Shares will be despatched by 28 December 2012. Prior to the Demerger Effective Time, Vesuvius will be the holding company of the entire Cookson Group, including the Performance Materials division. Vesuvius will trade with the CKSN ticker during this period. The Demerger, which is subject to the satisfaction of further conditions (including Court confirmation of the Vesuvius Capital Reduction), is expected to become effective prior to 8.00 a.m. on 19 December 2012. If the Demerger becomes effective, each Vesuvius Shareholder on the register at 6.00 p.m. on 18 December 2012, the Demerger Record Time, will receive one Alent Share in addition to each Vesuvius Share they already hold. Vesuvius will trade with the ticker VSVS once the Demerger becomes effective. Admission of the Alent Shares to the premium listing segment of the Official list and to trading on the London Stock Exchange's main market for listed securities, under the ticker ALNT, is expected to occur at 8.00 a.m. on Wednesday 19 December 2012. CREST accounts will be credited with Alent Shares at the same time and certificates in respect of Alent Shares will be despatched by 2 January 2013. A detailed timetable of events is set out in the circular sent to Cookson Shareholders dated 1 November 2012 (the "Circular"). Vesuvius plc is pleased to announce that admission of its ordinary shares to the premium listing segment of the Official list and to trading on the London Stock Exchange's main market for listed securities took place at 8.00 a.m. this morning. Vesuvius plc is currently the holding company of the entire Cookson group, including the Performance Materials division. The Demerger is expected to become effective prior to 8.00 a.m. on 19 December 2012. If the Demerger becomes effective, each Vesuvius Shareholder on the register at 6.00 p.m. on 18 December 2012, the Demerger Record Time, will receive one Alent Share in addition to each Vesuvius Share they already hold. Following the Demerger Effective Time, Vesuvius will trade with the ticker VSVS. Admission of the Alent Shares to the premium listing segment of the Official list and to trading on the London Stock Exchange's main market for listed securities, under the ticker ALNT, is expected to occur at 8.00 a.m. on Wednesday 19 December 2012. CREST accounts will be credited with Alent Shares at the same time and certificates in respect of Alent Shares will be despatched by 2 January 2013. A detailed timetable of events is set out in the circular sent to Cookson Group plc shareholders dated 1 November 2012 (the "Circular"). |
Posted at 22/11/2012 11:38 by upsondowns I work for vesuvius (which as been part of the Cookson group for many years), so I got the letter via email as a standard one to all employers.Do you believe as I do that this demerger could be designed to sell part of the group off? I'm currently not holding any CKSN shares, but may be tempted with some of one of the new companies to be listed. I'm not sure how it will pan out so will wait and see what the initial reaction to the SP's before buying in. 4947 shares is not to be laughed at by any means. good luck at the meeting. |
Posted at 01/11/2012 08:33 by robertfaulkner I Cksn share will be changed to 1 Vesuvius and 1 Alent share.If the Proposals are approved by the Court and Cookson Shareholders and the Demerger becomes effective, for every one Cookson Share they hold, Cookson Shareholders will, on completion of the Demerger, then hold: -- one ordinary share in Vesuvius plc, a UK incorporated company, admitted to the premium listing segment of the Official List and to trading on the London Stock Exchange and which will remain classified by FTSE as General Industrials; and -- one ordinary share in Alent plc, a UK incorporated company, admitted to the premium listing segment of the Official List and to trading on the London Stock Exchange and which is expected to be classified by FTSE as Speciality Chemicals. |
Posted at 28/10/2012 16:13 by robertfaulkner No posts for 2 weeks so I thought I'd report my non ability to buy shares for my Cksn div,Selftrade won't do div auto re-invest so I just do a limit buy, this time 531.5 so of course the share price has shot up. I daren't move my limit up in case the share price collapses, it's only for £300 odd worth of shares |
Posted at 08/10/2012 08:10 by bobsidian Major warning. The share price of CKSN was looking artificially elevated for some time. Given how much historically the share price of CKSN had been moving in lockstep with the mining sector, it would not be surprising to see the share price now playing catch up with the lesser mining constituents with high exposure to China. Prior to this announcement a P/e ratio of around 12 was looking a bit rich on negligible growth in year-on-year earnings and is now looking even richer on a potentially significant decline in EPS. However, the stockmarket does favour certain shares and the share price is hesitating on a 61.8% retracement of the entire move up from October 2011 to April 2012. Will be interesting to see the near term outcome of technicals over fundamentals. Perhaps of even more over-riding concern is the elevated state of the FTSE250 and its potential for a significant retracement. It is not impossible for the FTSE250 to break out into new all time highs but I do have doubts. The more forthcoming of fund managers are reporting net selling as investors scale back their exposure to equities, whilst the less forthcoming and perhaps less scrupulous are encouraging investors to go overweight equities as an asset class. |
Posted at 10/9/2012 17:19 by barlick Robert'What happened to the Cevian and their board appointment to Cksn weren't they going to spin off the different divisions of Cksn for shareholder value, with news before the end of the year?' 3 1/2 months to go yet fella! |
Posted at 09/9/2012 20:30 by robertfaulkner What happened to the Cevian and their board appointment to Cksn weren't they going to spin off the different divisions of Cksn for shareholder value, with news before the end of the year? |
Posted at 31/8/2012 10:28 by wileyson CKSN 'Buy' signal according to The Chartist in this weeks shares mag...followed by paragraph of chartist mumbo jumbo.Personally I like CKSN because I think they're undervalued :) |
Posted at 27/7/2012 06:24 by upsondowns Copied from iii board.........Solar industry decline drags down Cookson By Rose Jacobs Shares in Cookson, the industrial materials manufacturer, fell more than 8 per cent after the group said its division serving the solar power industry had dragged back revenues and profits. First-half sales at Cookson, which supplies materials for everything from Apple's iPhone to steel processing plants, fell 8 per cent to £1.3bn while pre-tax profits declined by a fifth, to £93.5m, including the impact of disposals and currency fluctuations. The company blamed a halving of revenues at its fused silica business, which makes materials for solar cells and speciality glass products. "The marked downturn in the global solar industry which started in mid-2011 ... has proved deeper and more extended than previously anticipated," it said in its interim results statement on Wednesday. The solar energy sector is suffering from reduced state subsidies and overcapacity. But Nick Salmon, chief executive, said Cookson remained committed to providing materials for the industry, which he believes has good medium-term growth prospects. "We might just have to tread water for a year or two," he said, and pointed out that the company is mitigating the impact by cutting costs, including closing a plant in the Czech Republic. Interim dividend rose 3 per cent to 7.5p, paid out of earnings per share of 23p (31.6p). Cookson is in the midst of a strategic review that could result in it demerging the ceramics division, which houses the struggling fused silica business and which delivered nearly 70 per cent of revenues last year, and the division that supplies circuit-board manufacturers. "The two businesses have no operational overlap, and there's a feeling that if you have one business to focus on, you will do better over time," said Mr Salmon, who said he would step aside if the company were broken up. A decision is expected by the end of the year. Several analysts reduced their full-year earnings forecasts on Wednesday on the back of a cautious outlook from the group. ● FT Comment Cookson's shares come cheap at the moment. The company commands a 60 per cent share of some of its markets such as equipment for plants making steel rolls and boasts Apple as a customer of its electronics division. But its debt and equity trade at just over five times 2013 ebitda, a significant discount to both the industrial and electronics sector averages. The thinking goes that a demerger would focus both managers' and investors' minds. Indeed, British manufacturers tend to perform better as small specialists just witness the break-up of ICI. Peel Hunt analysts recently forecast both parts of the business would re-rate upward following a split, with the ceramics division's enterprise value rising to seven times 2013 ebitda and the electronics unit's to 7.4 times. That equates to a combined share price of 945p a tempting premium on Wednesday's close of 550p. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
