Imi Share Discussion Threads

[nellie1973] 04/3/2011 13:57

Broker update-Credit suisse-Neutral

[broadwood] 04/3/2011 11:02

IMI upgrades margin targets
Created: 4 March 2011 Written by: Stephen Wilmot
Even after a year of snowballing hype - including a promotion to the FTSE 100 - IMI posted profits well ahead of City expectations. Chief executive Martin Lamb aspires to turn the lumbering industrial giant of yesteryear into a high-tech solver of global mega-problems like climate change and resource scarcity. Operating margins rose from 13.1 per cent to a record 16.7 per cent last year - despite only a modest recovery in sales driven mainly by the lorry market - yet Mr Lamb says IMI is still only half way there in achieving his goals.

He defines that precisely, claiming only half of IMI's operations tick the three boxes all engineers cherish: strong technology, niche-market leadership and exposure to "global trends". By investing in the right businesses and countries - both organically and by acquisition - he hopes to increase that share. He now has his sights on operating margins of 20 per cent for IMI's three core 'fluid-control' divisions, though he has kept the old 15 per cent target for the two retail-orientated businesses.

Following 6 per cent earnings upgrades, Investec expects EPS of 77p this year (2010: 66p) and notes "the risk remains firmly weighted

[bluebelle] 04/3/2011 09:22

wendsworth - 4 Mar'11 - 08:30 - 199 of 200

I haven't ! You'll miss the divi !!!

[valediction] 04/3/2011 09:19

Solid company

[wendsworth] 04/3/2011 08:30

Veg Man and Bluebelle : Another great rise this a.m. Have just sold some.

[veg man] 03/3/2011 18:27

Thanks wendsworth.

[broadwood] 03/3/2011 17:21

IMI topped the leaderboard, improving 58p at 943p, after it revealed that full-year profits for 2010 rose 44%. Pretax profit from continuing operations climbed to £304.4m from £211.7m on revenue up 7% to £1.91bn.

[wendsworth] 03/3/2011 14:52

Veg Man : Click on 'financials' header above. Goes ex on 13th April. Share price heading north of 950p now!

[veg man] 03/3/2011 09:39

What a company fantastic.Anyone any idea when the share goes exdividend.
Thanks in advance.

[broadwood] 03/3/2011 09:27

Investec targets £10.80 from £10.

[wendsworth] 03/3/2011 08:59

Bluebelle: Just starting 'to blossom' ..eh?

[bluebelle] 03/3/2011 08:56

No complaints !

[wendsworth] 03/3/2011 08:20

Up 50p.

Advfn chartists having problem keeping up to speed!

£10 here we come?

[wendsworth] 03/3/2011 07:57

Terrific set of results. Dividend UP 29%. Final Dividend 17p! Should see this share go considerably higher.

[valediction] 02/3/2011 23:45

Nasdaq

Close): Leading Japanese shares fell on Wednesday, wiping out the gains made in recent days.

Another rise in oil prices and continuing turmoil in the Middle East prompted the drop.

Oil rose more than $3 to over $116 a barre with concerns centred on Libya's troubles spreading to the rest of the Middle East.

Japan's Nikkei average fell more than 2.4% to 10,492.38 points, Sharp was the biggest faller losing 4.8%.

It fell after Morgan Stanley cut its rating to "equal-weight" from "overweight".

[wendsworth] 02/3/2011 15:55

Veg Man : NASDAQ currently up 0.78%. If that augurs well for the DOW and it finishes strongly then IMI could well have a favourable trading 'climate' for tomorrow's results.

[veg man] 01/3/2011 15:31

wendsworth I think you are spot on regarding the fall back.IMI dos seem to be a share that follows the FT very closely me thinks.

[wendsworth] 01/3/2011 10:30

Veg Man : If only it were that easy ! Trends can be meaningless . My view is that IMI has already its fall back and will go on from here. Final Dividend should be 15p 'ish.

Bluebelle : There is a 'truism' in effect that when you trade short term things can catch you out and when you invest medium to long term 'up she goes'!!! In other words...there's always a decision to be made ! As a result I set limit buys and sells ..hence my previous sale of this stock at 998p which was deliberately pitched just short of the £10!

[bluebelle] 01/3/2011 10:14

That's certainly what appears to have happened with GKN (which I also hold) today. As I've said before, if I had a short time scale, this wouldn't be a stock I'd necessarily pick.

[veg man] 01/3/2011 09:43

wendsworth,do you think that a fall could be expected on or after results.Sorry for asking perhaps unanswerable questions.I would hate to be classed as a deramper which I certainly am not,but I have noticed with other shares the better the company and better the results the greater the fall,all be it followed by a steady move north again.

[wendsworth] 01/3/2011 09:27

Veg Man : We wish!

Bluebelle : Patience is a virtue and ultimately will be rewarded. Up 20p as I type. As commented earlier IMI moves quickly ! MY revised forecast is now 950 by this Friday.

[bluebelle] 01/3/2011 08:50

...although certainly showing some strength in the run up !

[bluebelle] 28/2/2011 14:49

Doubt it - they're due Thursday.

[veg man] 28/2/2011 10:40

Beginning to wonder if we will see £10.00 before results.

[veg man] 21/2/2011 14:21

Hello wendsworth I tend to think shares like coffee should be instant.