||EPS - Basic
||Market Cap (m)
Devro Share Discussion Threads
Showing 2726 to 2748 of 2750 messages
|When you allow for debt and the pension deficit, DVO
not as cheap as it first looks IMV.
Having increased hearingt to fund the CAPEX programme it will be interesting
to see if there is a pay back on that investment.|
|As mentioned previously this significant CAPEX spend comes with risks,
and rising debt levels.|
I bought a small position in DVO to get me into the Stock (again) - I intend to build a stake over time and reckon this could be a nice play for recovery. Anyway, I scribbled a fairly detailed Blog about it that I suspect might be a bit helpful.
|Results showed that conditions are challenging but momentum has increased through q2..
Singers view on ResearchTree:
"The transition programme is not proving smooth, which is disappointing. However, given we are now in the final phase this was always a risk and ultimately should be rewarding. Whilst we lower our 3 year EPS forecasts by 6%-10%, we keep faith in the recovery thesis, albeit pushed out to FY18... We also feel the recent setback does leave the group vulnerable to being taken over."|
|well after reading the results i figure i dodged as bullet here today. Increase in net debt and longer timescale to come to full production/sales with clients. I'd expect the share price to drift a little this year through H2.
Poor returns on yields have impacted the pension liabilities further and the retained earnings on the balance sheet have halved when taking this and the dividends payments in to account.
This is going to be a recurring theme across many businesses and there's no sign of any improvement as central bank interest rate policy continues to see further drops in rates. More profits going to shore up pension liabilities.
The upside is strong cash flow which will support the pension and debt repayments but we may see the Divi impacted in the future.
Interestingly at some point when interest rates reverse and yields return to something normal we are going to witness very strong pension positions in many businesses possibly even surpluses. In the meantime i will watch with interest.
good business but not sure on the current share price so not a buyer on this drop i'm afraid
|sold my entire holding this morning in several chunks. Taken profits as there's too much uncertainty in markets at present. The fast rise and blip above resistance at 280p was too much to ignore.
solid business so happy to accumulate again on any weakness in the share price
|Cannot understand why DVO should be particularly affected by Brexit
Fantastic overseas opportunities backed by focussed capital investment
More for me please|
Just had a modest punt here at 252p to join your merry band this morning. Hoping it will look decent medium term value IF all goes well. No doubt could have got it cheaper if I had waited it out but wanted to take an initial stake. Good fortune to all holders.|
|Brave imv, sometimes that pays off.|
|added again today around 247p
|Chairman adding at last, expecting some others to follow suit.|
|At last a bit of dissension, been too easy for too long.|
|DVO coming back from the days low.
last results pbt £15m
cash generated from ops over £34m after depreciating older equipment
30% market share from recollection. looks a very boring but profitable business. One for the long haul at this price.
Next few years could be very interesting.
apologies not intending to ramp, but the valuation at this level is worth considering
|i sold all my holding above 300p but this drop is too tempting so i've begun to accumulate again. The new China and USA plants will drive efficiencies and the cash flow is great which will impact finance costs and add to the bottom line. One for the long haul if you're patient.
|Seem to be de-rating as that investment in plant does not seem to be coming through in the financial forecasts.
In fact it looks ex growth and debt has increased over the past 5 years|
|Give him a load of shares instead. Why buy em? Old fashioned view I know.|
|Next move to £3.50 surely?|
|Usual range bound price action resumed. Expect new FD to get his hand in his pocket soon.|
|At least 2 broker upgrades with increased pt's last week, cruising in a difficult market. Expecting to break out of its trading range very soon.|
|set for a big push forward in 2016
Demand strong and new production facilities in USA and China
What is not to like?
People have to eat|
|Well I've bought more - hope the bounce comes!|
|Unloved at the moment testing lower end of trading range, normally bounces from here!|
|Solid update, future prospects look good. Hopefully break out of the range in the coming weeks..,,,|