Imi Share Discussion Threads

[jamesmaggs] 09/5/2011 11:35

IMI ticking over nicely
Created: 9 May 2011 Written by: Lee Wild
Efforts to tackle rising costs are bearing fruit at engineering group IMI and first-half results are likely to be well up on last year. Reported revenue grew 10 per cent in the first four months of 2011, or 6 per cent organically, led by the group's fluid power division. And the hunt for a new chairman is over; Rexel's Roberto Quarta replaces Norman Askew in November.
What we said: Buy
When: 29 /07/10
Price: 766p
Tip performance to date: +37%
SHARE TIP UPDATE:
Buy
Trading on less than 14 times forecast earnings, the shares remain a buy at 1,053p.

[epsilon mojo] 06/5/2011 10:48

Good luck with that broadwood, not really bothered about day to day movements in choppy markets myself.

Happy to hold these for the medium term & more than enough in this IMS to keep it trending upwards towards £14 by year end imv.

[broadwood] 06/5/2011 10:32

Hopped out for a while. Hoping to get back in lower.

[epsilon mojo] 06/5/2011 07:56

Did 30p in H1 last year, so at least 35-40p this year & further eps upgrades on the back of this statement imv.

Still undervalued relative to its peers imo.

[broadwood] 06/5/2011 07:05

This'll do nicely.

Our plans to accelerate longer term growth through increased investment in sales and engineering, particularly in emerging economies, are making good progress. Our various initiatives to combat input cost inflation and build on the margin momentum of previous years are continuing to bear fruit. Overall we expect results in the first half of the year to be well ahead of the same period last year and we remain confident that the Group will continue to make good progress in 2011.

[valediction] 28/4/2011 18:58

Looks poised to, good performance today

[epsilon mojo] 28/4/2011 11:48

IMS next Friday - should be good & help push this above £11 imo.

[epsilon mojo] 21/4/2011 22:31

Drunk again valediction? ;-)

[valediction] 21/4/2011 20:48

Ha ha, yeah not sure what happened.
Computer error obviously, I better turn it off and on......

[bluebelle] 21/4/2011 20:47

So good they named it twice !

[valediction] 21/4/2011 20:45

That is a beautiful chart, it really is.

[valediction] 21/4/2011 20:45

That is a beautiful chart, it really is.

[valediction] 20/4/2011 08:28

Strong start to the day

[epsilon mojo] 18/4/2011 11:10

BT pension scheme been adding here; wise choice imo - should help reduce their deficit ;)

[bluebelle] 13/4/2011 11:26

I certainly plan to reinvest my dividend !

[epsilon mojo] 13/4/2011 11:21

Pull back below £10 not a great surprise; always a difficult psychological barrier to get past.

Still excellent value here though & 17p dividend now in the bag; shouldn't be too long before we see £11 imv.

£14 by year end still my target.

[wendsworth] 11/4/2011 09:11

Goes ex-dividend this Wednesday.

[valediction] 01/4/2011 00:25

Its really pushed on lately

[epsilon mojo] 31/3/2011 11:36

Cheers for that broadwood; nice to see someone agrees with us.

[broadwood] 31/3/2011 05:57

IMI fired up 19p to £10.30 as RBC Capital Markets named the engineer its "top pick" in the industrials sector.

[valediction] 24/3/2011 18:33

Certainly is Epsilon, that chart is looking better and better

[wendsworth] 24/3/2011 16:33

Epsilon: Up , Up and away!

[epsilon mojo] 24/3/2011 13:10

£10 barrier broken valediction ;-)

[wendsworth] 23/3/2011 14:41

Epsilon : Excellent rise back up of > 100p in one week.AS previously stated when this share moves ....boy does it move! Not forgetting the 17p final dividend...of course!

Sound prospects here.

[valediction] 22/3/2011 17:49

Lets see it break that £10 barrier first ;-)