Delta Share Discussion Threads

[v11slr] 25/9/2009 17:25

wipo1 - I was! Luckily. ;-)

[wipo1] 25/9/2009 17:07

Stocks and share a strange game nobody interested in these when they were 80pish,market cap the same as their cash pile at that time. Still looks worth holding on for 200p?

[cockneyrebel] 24/9/2009 19:28

done well on a down day today.

CR

[thecurrymonster] 24/9/2009 14:16

very quiet here considering...

[crawford] 23/9/2009 16:01

Mmm, let's see if we recover.

[monsta2] 23/9/2009 09:37

and getting better....

[crawford] 23/9/2009 09:10

Good opening.

[monsta2] 22/9/2009 19:09

yes good finiosh....167.7

looks good for tomorrow

[cockneyrebel] 22/9/2009 18:47

New recent high at the close.

CR

[monsta2] 22/9/2009 09:32

another attempt at the breakout soon perhaps

[wooosh2] 19/9/2009 19:30

imo directors cannot exchange shares for options, well those out the building cannot.. anyway, those out the building are short and caught... (rhymes :)

[cockneyrebel] 19/9/2009 19:28

Agree - directors nearly done selling off their options, then it's lift off! :-)

CR

[s50cam] 18/9/2009 19:48

I notice that two directors are currently exercising and selling some options, is anyone aware how many they have to sell ?

Once they have finished and its no longer ex-divi there appears to be alot of potential for another sharp rise.

[cockneyrebel] 18/9/2009 11:22

just the directors selling options that's held this back over the past few days imo.

Nearly done I reckon and once that line of stock has gone these will be off and away imo. Milese too cheap and half the mkt cap in cash screams buy me imo.

CR

[wjccghcc] 04/9/2009 16:10

Yup. FCF/EV of just over 2.5 which makes them one of the cheapest stocks on the market still growing earnings.

[cwa1] 04/9/2009 14:43

Have backed the director with a small top up. Fingers firmly crossed.....

[meadow50] 04/9/2009 14:18

Today's IC comment..fully valued on a forecast p/e 0f 10...The writer has not factored in the stripping out of cash,which amounts to well over half the mkt cap.

[cockneyrebel] 03/9/2009 12:38

10K director buy @ 160p

CR

[cwa1] 17/7/2009 17:04

Grabbed a few. Anyone any idea what might have caused the pullback today? Maybe I should have asked before I bought them.....

[cwa1] 17/7/2009 16:15

Gone a bit soft considering the relatively upbeat trading update. Think it could be time to add a few. Good luck to all holders.

[v11slr] 06/5/2009 11:06

Overall the Group's year-to-date trading performance has exceeded our earlier expectations, with favourable exchange rates continuing to assist our results. Cash generation remains strong, and at 30 April 2009 the Group had net cash of more than £120 million, although reduced market interest rates continue to reduce interest income.


On the whole, prospects for the year are better than earlier expected. Nonetheless we remain closely attentive to market conditions, quote activity and order intake, as the future effects of the current economic crisis on the Group's businesses remain unclear.

[v11slr] 28/4/2009 13:48

Nice to see the chief exec having another 42000 shares.

[davebowler] 21/1/2009 15:48

Delta Trading Statement





TIDMDLTA

RNS Number : 7430L
Delta PLC
16 January 2009

?
Delta plc - Trading Statement


Trading across the Group's three business segments has remained strong, and
the Group's full year trading results are forecast to be in line with management
expectations.


Volumes sold were very good at most of the Group's Engineered Steel Products
businesses during the year as investment in infrastructure continued in
Australia and Asia, providing Webforge improved trading profit in both Australia
and Asia. Ingal Civil Products' trading profit was also improved by the
operational efficiencies achieved at its new safety barrier manufacturing
facility, and the volume of grinding media sold to Australian mining houses
increased over the prior year providing significantly improved trading profit at
Donhad. These improvements more than offset a difficult year at Ingal EPS.

Demand for galvanizing services remained strong in Australia but softened in
Asia and the United States. Selling prices were managed effectively against
substantially reduced zinc prices, except at the Group's zinc reclamation
business where selling prices were tied closely to LME zinc prices.


Delta EMD's second half sales volume and selling prices met expectations and
provided further trading profit improvement over the first half. MMC also traded
well during the second half, although volumes sold to steel makers softened late
in the year as global steel production reduced. The Group's earlier impairment
of its share of MMC's net assets was fully reversed during the second half, and
MMC's results will be reported as a business held for sale as the formal sales
process initiated during 2008 is expected to conclude during 2009. Opportunities
for realising attractive values for Delta EMD's Australian assets also remain
promising.


We are pleased to announce that individual annuities were dispatched to former
pensioners of the Delta Pension Plan prior to the year end and as such the Group
will report a much reduced pension liability at the year end. The plan assets
have been invested mostly in corporate bonds and the preliminary value of the
plan assets as at 31 December was GBP194.7 million (92% in Corporate Bonds and
Cash).


2008 was a very good year for the Group. A significant step forward was made
with respect to the Delta Pension Plan, and trading profit improved
substantially over the prior year. Cash generated from trading also met
expectations and largely offset the substantial investment made in the Delta
Pension Plan, providing a year end cash balance in excess of GBP100 million.


Our outlook for 2009 remains cautious. Whilst not yet fully evident, global
economic conditions and the credit crunch are likely to affect our businesses
during the year. Although most publicly funded infrastructure projects are
expected to go forward, infrastructure and mine development projects that are
dependent upon private funding might be deferred, possibly reducing sales
volumes at our Engineered Steel Products and Galvanizing Services Businesses.
Reduced steel production and battery sales are expected to reduce the Group's
manganese materials sales volumes, and reduced mining output could reduce
grinding media sales volumes. Nonetheless, most of the markets served by the
Group's businesses are expected to be relatively resilient.


Exchange rates will continue to affect the Group's translated result. As the
exchange rate movements during 2008 demonstrated, rates can vary significantly
and the effect of a sustained movement could be significant on the Group's
future results.

[rainmaker] 19/12/2008 16:55

Thanks Wipo, spotting majorily undervalued "Value" shares is fairly easy but timing trades has always been a lot more difficult. I've got a new thread devoted to pure technical analysis-see BOUT. I'm going to highlight what I consider to be major opportunities using just TA and advising of entry and exits points plus stops to limit any loss and to protect profits.

regards

[wipo1] 19/12/2008 15:54

Good call Rainmaker, I just hope DLTA's big cash pile is not all in sterling! lol