Johnson Matthey Share Discussion Threads

[broadwood] 12/4/2013 09:10

On the upside, precious metals processor Johnson Matthey rose 70p at 2,421p after a flurry of positive broker comment in recent days.

[miata] 12/4/2013 08:48

Foloowing the issue of Credit Suisse's report in the US, Johnson Matthey (NASDAQ: JMPLY) traded up 3.07% on Thursday, hitting $73.80.

Johnson Matthey PLC has a 52-week low of $66.58 and a 52-week high of $84.85. The stock's 50-day moving average is currently $69.3.

[broadwood] 12/4/2013 08:22

Nice bump so far. Results not 'til June.

[miata] 11/4/2013 10:16

11 Apr Johnson Matthey PLC JMAT Credit Suisse Outperform 2,329.00 2,330.00 2,400.00 2,400.00

[miata] 28/3/2013 16:51

Not bears being squeezed, no significant volume traded at high price.

78 7310684958 2300.0 4563 UT 2468.0 2668.0 08:08:18 4,563

[alphahunter] 28/3/2013 10:36

Fat finger in the morning? Or bears being squeezed?
That was a hell of a spike.

[broadwood] 28/3/2013 08:58

Speciality chemicals group Johnson Matthey said it has completed the purchase of formaldehyde producer Formox for 107m pounds in cash from Perstorp Specialty Chemicals, a company owned by PAI Partners.

Formox provides catalysts, plant designs and licences for the manufacture of chemical intermediate formaldehyde, Johnson Matthey explained in a statement.

"The acquisition enhances our position as a leading supplier of technology for a range of syngas and other chemical processes. The addition of Formox's formaldehyde technology provides exciting opportunities to integrate and expand our technology and catalysts into a broader range of chemical processes," Johnson Matthey said.

Furthermore, the Swedish firm's expertise in selective oxidation catalysis, a technology that has application in a number of other catalyst areas, is also expected to provide more opportunities for Johnson Matthey to grow its position in the global petrochemicals market.

Commenting on the deal, Johnson Matthey Chief Executive Neil Carson said: "The acquisition of Formox complements our existing technologies for process catalysts, plant design and licensing."

"Formox has a strong position in a growing and profitable market which gives Johnson Matthey new opportunities to grow its sales of catalysts and process technology into the wider petrochemicals market."

[broadwood] 28/3/2013 08:52

Shot up over £2 at the open. Slipping back a bit now - but still a very pleasant rise.

Market must rate that acquisition.

[broadwood] 28/3/2013 08:04

Blimey - we've gone berserk.

[miata] 28/2/2013 18:24

28 Feb Johnson Matthey PLC JMAT Goldman Sachs Conviction Buy 2,301.00 2,277.00 2,900.00 2,900.00 Retains

[gbb483] 30/1/2013 09:15

Check the graph.

[broadwood] 30/1/2013 07:31

Citigroup Johnson Matthey PLC 30/01/2013
Reiterates
Buy Buy 0 2,650.00 2,650.00 2,408.00 0 2

[gbb483] 30/1/2013 07:28

Today's Q3 report could trigger a retrace to 2200.

[uhound] 23/1/2013 10:44

Possible opportunity here?

Fundamentals look good - technical pull back.

[broadwood] 30/11/2012 16:04

Chemical peers Johnson Matthey and Croda International were lifted higher after Credit Suisse upgraded the companies from 'neutral' to 'outperform' and from 'underperform' to 'neutral', respectively, saying: "Both stocks had disappointing guidance and strongly negative share price reactions. We felt negative short-term fundamentals were thus fairly reflected in the share price

[miata] 30/11/2012 08:47

Johnson Matthey moved higher on the back of an upgrade from Credit Suisse.

(Though ITRK is still the star).

[broadwood] 30/11/2012 08:10

Big opening bounce.

[miata] 29/11/2012 15:14

CARB extends Johnson Matthey AdvCCRT verification 28th November 2012

The California Air Resources Board (CARB) has extended and modified its verification of Johnson Matthey's AdvCCRT system, a ruling that will provide even greater flexibility to end users requiring Level 3+ PM reduction.

It was initially verified for a duty cycle requiring 230 degree C for 40% of the cycle. However the latest extension now allows for the original temperature profile and adds a second optional duty cycle allowing use for applications that meet 300 degree C for ten per cent of the duty cycle.

[broadwood] 29/11/2012 15:01

US car industry booming, surprisingly enough.

[miata] 28/11/2012 16:25

Up despite going XD today.

[gateside] 23/11/2012 16:18

Big increase in price of platinium today

[broadwood] 23/11/2012 15:03

Continuing to benefit. All drop on results now recovered.