Johnson Matthey Share Discussion Threads

[nosob sggih] 14/10/2013 13:21

I get £8.2 billon if 205 million shares is correct. and there is nearly £900 million of debt

[miata] 14/10/2013 12:41

£40 would give a market value of £7.7bn. Personally I'm looking for about £32 as a channel top before a dip, possibly to occur by January.

[nosob sggih] 14/10/2013 11:09

that would value the company at nearly £10 billion . what were the earnings last year? £276.5 million ?????

hxxp://www.matthey.com/ar13/accounts/consolidated_income_statement.html

[broadwood] 14/10/2013 10:57

Nice increase in TP hey Boson.

[broadwood] 14/10/2013 10:44

We expect years of investment in the industrial catalyst market to lead to accelerated growth, benefitting from the swathe of new customer capex driven by Chinese petrochemical self-sustainability and the US shale gas revolution

[broadwood] 14/10/2013 07:47

JP Morgan Cazenove Johnson Matthey PLC 14/10/2013
Upgrades
Neutral Overweight 2 2,800.00 4,000.00 2,821.00 1200 2

[broadwood] 04/10/2013 07:21

Deutsche Bank Johnson Matthey PLC 04/10/2013
Retains
Buy Buy 0 3,050.00 3,050.00 2,810.00 0 2

[broadwood] 04/10/2013 07:14

Liberum Capital Johnson Matthey PLC 04/10/2013
Reiterates
Buy Buy 0 3,000.00 3,000.00 2,810.00 0 2

[miata] 20/9/2013 10:26

OpEx
20/09/13 10:15 2888.0 59,167 UT 2887.0 2888.0 Buy

[miata] 05/9/2013 11:29

Or put another way the medium and long term price trend is very positive but short term we are near the top of the channel.

[nosob sggih] 05/9/2013 10:24

or they want to win business from them but think it is over priced

[nosob sggih] 05/9/2013 10:06

broadwood that Deutsche Bank "Buy" is ridiculous with target only 3%. it suggests they like the company buy think it is over priced

[nosob sggih] 05/9/2013 09:59

down now. my bet is that 3015 was the top. £15 target

[miata] 05/9/2013 08:14

In the UK, researchers are predicting a 7.6% rise in car sales to 2.2m for 2013, rather than the 5% decline they had been expecting.

[broadwood] 05/9/2013 07:42

Deutsche Bank Johnson Matthey PLC 05/09/2013
Retains
Buy Buy 0 3,050.00 3,050.00 2,972.00 0

[miata] 05/9/2013 07:42

..in August.

The average age of vehicles in the US is currently at a record 11 years.

[broadwood] 05/9/2013 07:35

US car sales up a massive 17%.

[miata] 05/9/2013 07:33

Chartists will note that the platinum price this week moved back above its 200 day moving average, potentially setting up to breach resistance around the $1,550 an ounce level.

[miata] 05/9/2013 07:29

Platinum shares are bouncing back on the as the metal's price recovers and investor sentiment towards the sector improves, following one of the worst slumps in the notoriously volatile business.

South Africa dominates the global platinum business, accounting for 73% of world's supply last year, according to precious metal refiners Johnson Matthey. The country's three main miners - Anglo American Platinum (Amplats), Impala Platinum (Implats) and Lonmin - are the three largest producers of the metal in the world.

The platinum price - as measured by its movements on the London market - increased by 16% to about $1,529/oz recently, after bottoming at $1,317/oz on June 28.

The platinum price is going higher and could reach $1,700/oz by the end of the year, according to the head of commodity strategy at Canadian institution TD Securities, Bart Melek.

Mr Melek is not alone in his positive outlook. JPMorgan Cazenove analysts Steve Shepherd and Allan Cooke said in their latest weekly assessment of the platinum market: "With a more optimistic view of the global macro outlook developing, the market may be moving into the next platinum equities up-cycle."

[nosob sggih] 04/9/2013 22:30

many sound tech businesses dropped 90% after the bubble. JMAT share price has gone from 700 in 2009 to £30 while EPS has gone from 91p in 2009 to 142p in 2013 . historic PE is 21 and dividend yield is just 2%.

[davidbh] 04/9/2013 21:41

smithim,
like his user name nosob is all back to front in opinions.

[miata] 04/9/2013 17:33

LOL.

I think it will be a long time before Tesla et al burst the catalyst technology bubble.

[smithim1311] 04/9/2013 17:17

So how do you link this to the tech bubble then Nosob? I'm intrigued as a manager working in Johnson Matthey. If you can give me an insight as to how fragile our business is then I'll warn my colleagues that their shares are about to plummet!