Porvair Share Discussion Threads

[lurki0] 04/6/2014 18:26

Willy: to return to your original point. I placed an order first thing this morning to buy about 500 above the nms. No dice. However - and rather annoyingly - I noticed two buyers managed subsequently to hoover up some stock at my target price: 317.5. They were well within the nms. So as you say stock is tight at the moment. I may split my order, but we'll see.

[werty5] 04/6/2014 18:15

Always good to have different views about a share on a BB some will see the glass half empty and others as half full. I Think it is healthy to have a debate and welcome both views but agree that any argument should be kept civil.

[willydoctor] 04/6/2014 14:03

Exactly. 2000 shares!?!?!? I rest my case

[pierre oreilly] 04/6/2014 10:20

nms is 2000, so anyone can buy 6.5ks worth at the offer with no problems.

[willydoctor] 04/6/2014 10:08

And there's no stock about at all. It's very tightly held and if you try to buy in any quantity you have to pay up for them. Good sign!
I imagine there will be additional good news when figures come out - they will have kept something back for the TU and subsequent conference calls.

[lurki0] 03/6/2014 17:34

Punched straight back through the 100 day MA. That'll make a few people sit up.

[investoree] 03/6/2014 08:47

Shanklin surely the nature of these contracts will result in a stream of repeat business for their consumables - something akin to printers being sold at a loss in the hope that purchasers will buy premium ink from the manufacturers rather than the myriad of cheaper ink suppliers. I think that it is highly improbable from a health and safety perspective that the oil gas and aero industries would consider using cheaper filters from a backstreet sweatshop in India or China. I declare that I am a holder who retains a small Porvair shareholding from many years ago prior to them holding a rights issue at £2.60 which subsequently took many years for the shareprice and business model to recover. I was really miffed when they sold their specialised clothing business for a song in a MBO only for a large military contract to then be agreed.

[shauney2] 03/6/2014 08:38

Take out the large contracts and they are still ahead.The underlying business is still growing.
Highly rated they may be but for a reason.

That's why they are expanding their facilities in the UK,USA and China.

[shanklin] 03/6/2014 08:00

So what happens when all this super-duper project work is completed? I see the revenue forecast for next year indicates a considerable drop.

[werty5] 03/6/2014 07:33

Nice update should have a good lift in the price today :-)

[willydoctor] 28/5/2014 08:56

I've spoken to my broker and this was simply a badly executed fat fingered sell which triggered the automated 'bots, and so the share price fell out of bed. I had to pay extra for 10,000 this morning.
All is on track - this was simply a perfect illustration of the danger of programmed trades, but a perfect opportunity to buy back in again. I didn't think I'd re-enter below £3.
I am sure that the TU will surprise on the upside.

[lurki0] 27/5/2014 19:28

TU due in the next 10 days. Looks like MMs went bowling for stop-losses between 3.10 to sub 300. Shabby and cynical, but it's what they do.

[apad] 27/5/2014 18:12

Before this drop I noticed that PRV hadn't suffered the same as some of my other techy shares (e.g. ROR).
This could be just a catch-up.
Backwards PER of 23 rather high after the recent change of market mood.
I was comparing PRV with WEIR over the weekend and thought that if I could increase either (I can't - too many already) I would go for WEIR, simply based on a value for money decision.
Could be a good buy if it is a tree shake though.
Bon chance,
apad

[georgeg2] 27/5/2014 16:39

I did the same at 290.

[wjccghcc] 27/5/2014 16:34

Yup. Had a few at 290p. Likely to beat expectations again IMHO.

[georgeg2] 27/5/2014 16:14

Lovely tree shake it seems!

[lurki0] 28/3/2014 17:29

Momentum seems to be building for 350 by time of the trading update. Nice.

[shauney2] 28/3/2014 10:29

Next leg up.

"cash-rich predator" Going to have to pay a lot more at this rate.
The biggest holder is Giorgio Girondi with around 22% mostly acquired at 60p.

Trading update next month.

[lurki0] 20/3/2014 20:04

Virtually debt-free, occupying a niche position in ever-expanding global markets. I continue to hold in hopeful expectation that a cash-rich predator will make them an offer they can't refuse.

[werty5] 20/3/2014 16:39

This share is pushing up through some strong headwinds in the market. Think this is about the only share I have which has not suffered a pounding in the last month.