Rotork Share Discussion Threads

[jon827] 27/9/2010 19:12

Its like the Apple of the industrial sector, they should name there next product the iValve.. :)

[cambium] 27/9/2010 10:30

exactly that Maspin

[maspkn] 27/9/2010 10:25

Anyone have any idea why the share price has been rocketing lately apart from the fact that this is an great company with excellent prospects?

[cambium] 09/9/2010 20:39

this continues to ROR away :O)

[cerrito] 05/8/2010 18:14

From yesterday's UK analyst
Finn Cap reiterated its "hold" recommendation for industrial engineering company Rotork (ROR). The broker commented that the group's interim results were "satisfactory" and appear "well placed" to achieve full year expectations. Both revenue and adjusted pre-tax profit increased by 2.2% to 183.5 million pounds and 5.7% to 47.4 million pounds, respectively. It believes that the shares have underlying strength in spite of the fact that growth rates may appear less favourable than in recovery stocks. Given the acceleration in the order book and greater contribution from acquisition, Finn Cap expects a slightly higher profit figure in the second half of the year. In the longer term, however, it still regards the firm as a "high quality situation." The shares finished 8p lower at 1,504p.

[maspkn] 05/8/2010 09:57

henryatkin - you stole my thunder. Independent trying to compensate for one misjudgement with another. The 2005 thread is titled 'blasting towards a fiver'. I think I bought around £6.00 and I think its prospects are brighter now than they were then.

[henryatkin] 05/8/2010 09:13

Yeh, and two years ago they were working off of 2007's results and trading at just under 1100 on a PER od 24x earnings. The share price has gone up 36% since they said hold so perhaps they would have done better if they had said buy. In that time the earnings have increase over 60%. Makes the company better value than it was two years ago imo and thats without accounting for increased cash pile. Youv'e only to look at the company website media news section to see what direction we are moving.

[cerrito] 04/8/2010 12:06

From today's Independent
Rotork

Our view: Take profits

Share price: 1512p (-23p)

Half-year results from Rotork – which makes valve controllers used in the exploration and water industries – yesterday looked like good news. Despite a "challenging trading environment", the company saw record revenue and profits in the first half – the former up 2.2 per cent to £184m, the latter by 9 per cent to £48m. Order intake was up by 8.5 per cent overall, with gains accelerating to a whopping 19.3 per cent year-on-year increase in the second quarter. The order book stands at £139m, some 7.4 per cent higher than at the end of December.

And the prognosis for the second six months of the year is also good. Peter France, the chief executive, is cautious about currency movements and commodity-price increases. However, he says that the order book and balance sheet make him confident of further progress for the rest of the year

However, investors might take a more equivocal view. Rotork's stock has gained 36 per cent since we last rated it a "hold" two years ago. But with steady increases of more than 27 per cent this year alone, and a full-year multiple of 20 times forecast earnings, it is time to cash in, take profits and look for better opportunities elsewhere. Sell.

[maspkn] 29/7/2010 12:47

Have u a link to the broker note skirbell?

[skirbell] 29/7/2010 12:18

Only thing that I can find that would drive the price up today is a new broker note from UBS changing to a BUY with a 1900p target, which would be very pleasant if it is achieved.

Otherwise, the chart is a breakout of a pennant formation so this might also explain the break upwards.

[maspkn] 29/7/2010 10:47

When are interims due?

[henryatkin] 29/7/2010 08:43

So whats driving the share price today???

[cambium] 26/4/2010 11:18

MAIN FACTS:

-The order book and current trading levels support confidence that the company will make progress again this year as it continues to see increased activity in many of end user markets and geographies.

-Order intake has picked up in the first quarter, albeit marginally down on the record order intake achieved in the first quarter of 2009.

-Shipments in the quarter are as expected, down 8% on the record levels set last year when the order book had been at an all time high.

-The order book at the end of March stood at GBP130 million which was slightly higher than the year-end position but 10% down on the same period last year.

-The competitive environment remains challenging and Co. experiencing increased pricing pressure however anticipates this will soften as activity levels continue to increase.

-Cash balances at the end of March were GBP84 million.

-There have been no material events or transactions affecting the Group in the period.

[maspkn] 11/3/2010 10:08

Found the answer. 7/4/10

[maspkn] 11/3/2010 10:07

Anyone know when it goes xd?

[broadwood] 10/3/2010 14:48

Its off to the races again.

[broadwood] 05/3/2010 08:23

I see one broker had this as a sell for all the period up to the results.

Makes you wonder - needless to say they've now come into line.

[cambium] 04/3/2010 15:17

agreed...LTBH

[broadwood] 04/3/2010 14:02

Camb - yes, a bit of minor profit taking yesterday - normal upward service resumed today.

They were very encouraging results.

[cambium] 02/3/2010 08:21

solid set you may see thes e marked down slightly today

[cambium] 01/3/2010 16:33

stick.....hopefully

[broadwood] 01/3/2010 16:32

Yep - superb performance today. Results are going to have to be stellar to hang onto these gains tomorrow.

Thought about taking the profit but decided to stick with it. Hope its the right decision.