Senior Share Discussion Threads

[mazarin] 30/4/2015 09:03

I was a little surprised to see it jump a few pence up on opening first thing as I believe it went Ex div @ 315.6p today that normally has the effect of knocking back the opening price, however within 10 mins the price dipped accordingly, now currently down 5.3p.

[lateralam] 23/4/2015 15:42

Motley fool are full of it.....

[mazarin] 23/4/2015 14:57

Turbulance ahead :

[lateralam] 23/4/2015 14:36

Today's drop is vastly overdone. Ridiculous state of affairs. Holding.

[spudders] 09/4/2015 18:42

Where is that gap that needs filling 😛

[lateralam] 01/4/2015 07:13

Excellent idea to obtain this sort of thing in house. Keeps costs down and no worries about supply. They just need to buy Hardide (HDD) now!

[broadwood] 25/3/2015 12:41

SNR Senior PLC Numis Add Hold 380

[a0148009] 12/3/2015 11:04

I wonder if the large trades on 5th and 6th March was an impatient buyer.
Have to wait and see if share price settles into a new trading range.

AO

[cleverinvestor] 06/3/2015 00:52

Someone somewhere moved the share price to new high

4 big "O" trade 216,000, 216,395, 750,000, 750,000
Total =1,932,000

'O' Ordinary Trade (System will delay if over 6 x NMS)
A standard trade made through the Market Makers and dealt at normal settlement date.

Source: Advfn

[broadwood] 05/3/2015 09:40

Continuing all time highs.

[mike740] 05/3/2015 09:35

Senior plc’s Buy Rating Reiterated at Liberum Capital (SNR)
March 2nd, 2015 Updated March 5th 2015

Senior plc (LON:SNR)‘s stock had its “buy” rating reissued by analysts at Liberum Capital in a research report issued to clients and investors on Monday.

Analysts at Numis Securities Ltd reiterated a “buy” rating and set a GBX 340 ($5.24) price target on shares of Senior plc in a research note on Friday, February 20th. Analysts at N+1 Singer downgraded shares of Senior plc to a “hold” rating and set a GBX 312 ($4.81) price target on the stock in a research note on Tuesday, February 10th. Finally, analysts at Panmure Gordon initiated coverage on shares of Senior plc in a research note on Tuesday, February 3rd. They set a “buy” rating and a GBX 417 ($6.43) price target on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company’s stock. Senior plc currently has an average rating of “Buy” and an average price target of GBX 337.64 ($5.20).

Senior plc (LON:SNR) opened at 337.10 on Monday. Senior plc has a 52-week low of GBX 248.90 and a 52-week high of GBX 343.30. The stock’s 50-day moving average is GBX 319.7 and its 200-day moving average is GBX 289.2. The company’s market cap is £1.401 billion.

Senior Plc is a United-Kingdom based manufacturing company proves engineered products for demanding operating environments. The Company operates in two divisions: Aerospace and Flextronics. Aerospace serves both the commercial aerospace and defense markets with a range of products for structures, fluid conveyance, and gas turbine engines.

[a0148009] 03/3/2015 18:04

Clever: thanks sold mine on 20th Feb at 3.41the chart looks very stretched 25% up since end September possible retracment 320 and 300 although it is true quality engineering companies are in demand.

AO

[cleverinvestor] 03/3/2015 02:32

Telegraph's article

[broadwood] 02/3/2015 19:51

Shares in defence, aerospace and energy manufacturing firm Senior fell on Monday due to challenges in its aerospace programmes and weak demand in Brazil and Europe.
Revenue increased slightly by 6% to £820.8m, but profits before tax declined 4% to £80.6m. In constant currency, profits rose 2%.

As a result, basic earnings per share fell 11% to 15.25p.

Senior said it grew its commercial aerospace and North American heavy-duty truck markets, but costs and challenges in the industrialisation of new aerospace programmes affected its full-year results.

Furthermore, the suspension of Bombardier's Learjet 85 business made Senior to take non-recurring exceptional charges of £1.8m.

The group said the challenges experienced in 2014, including the weak industrial sales in Brazil and Europe, will continue to hurt the company throughout 2015.

Chief executive Mark Rollins said 2014 was "another year of healthy progress" and said it increased its dividend thanks to a strong financial position, healthy outlook and large commercial aircraft.

Despite the challenges, chairman Charles Berry said the outlook "remains encouraging" thanks to new aerospace programmes, economy recovery and expected market share gains in its aerospace and flexonics divisions.

N+1 Singer welcomed the results, which were in line with analysts' expectations. The broker said the outlook was "generally strong" as the group remains "a key pick" in the industrial sector.

"The key risk to the group, in our opinion, remains the ability to gear up successfully for the increasing production rates that are being demanded by Boeing and Airbus, although we would note that management has been aware of this for many years and has been planning ahead."

[legg96] 02/3/2015 10:12

This has been a ten bagger for me, but I am now out showing a profit well into six figures. Cannot quite understand the current rating unless there is a predator who might be interested.

[imastu pidgitaswell] 02/3/2015 08:58

I put the attached post up a couple of years ago. Today, it can be updated for the latest info (see end). While massageable numbers like earnings, divdends etc are up, I still can’t see that a lot has changed since the days of a 24p share price in terms of operating cashflow, and in terms of operating cashflow per share. Debt also up significantly. Yet the shares trade some 12-15 times higher.

Odd business, the stockmarket…





imastu pidgitaswell
28 Aug'13 - 16:37 - 2403 of 2595 0 0 edit


Not intended negatively, I promise, but reading post 2386, and as a purchaser of quite a lot of these at 25p (believe it or not I sold for prices between 35-40p...) back in 2009, I have to ask what the upside in these at this point?

It has peformed phenomenally, up well over 1,000% in 4 years, and yet I compare the relative financial performances then and now and see:


.................2009.................2008

REVENUE | GBP540.1m | | GBP562.4m | | -4% | |
+------------------------------------+-----------+--+-----------+--+-----------+-+
| OPERATING PROFIT | GBP61.0m | | GBP59.8m | | +2% | |
+------------------------------------+-----------+--+-----------+--+-----------+-+
| ADJUSTED OPERATING PROFIT (1) | GBP59.4m | | GBP64.5m | | -8% | |
+------------------------------------+-----------+--+-----------+--+-----------+-+
| ADJUSTED OPERATING MARGIN (1) | 11.0% | | 11.5% | | - | |
+------------------------------------+-----------+--+-----------+--+-----------+-+
| PROFIT BEFORE TAX | GBP49.6m | | GBP51.3m | | -3% | |
+------------------------------------+-----------+--+-----------+--+-----------+-+
| ADJUSTED PROFIT BEFORE TAX (1) | GBP48.0m | | GBP56.0m | | -14% | |
+------------------------------------+-----------+--+-----------+--+-----------+-+
| BASIC EARNINGS PER SHARE | 9.79p | | 9.92p | | -1% | |
+------------------------------------+-----------+--+-----------+--+-----------+-+
| ADJUSTED EARNINGS PER SHARE (1) | 8.91p | | 10.63p | | -16% | |
+------------------------------------+-----------+--+-----------+--+-----------+-+
| TOTAL DIVIDENDS (PAID AND | 2.60p | | 2.60p | | Unchanged | |
| PROPOSED) PER SHARE | | | | | | |
+------------------------------------+-----------+--+-----------+--+-----------+-+
| FREE CASH FLOW (2) | GBP60.1m | | GBP52.4m | | +15% | |
+------------------------------------+-----------+--+-----------+--+-----------+-+
| NET DEBT (2) | GBP102.3m | | GBP174.5m | | GBP72m | |
| | | | | | better | |





and most recently:




FINANCIAL HIGHLIGHTS Year ended 31 December
2012 2011
------------------------------------- ------------ ----------- ---------
REVENUE GBP729.8m GBP640.7m +14%
------------------------------------- ------------ ----------- ---------
OPERATING PROFIT GBP94.5m GBP83.0m +14%
ADJUSTED OPERATING PROFIT (1) GBP101.4m GBP88.3m +15%
ADJUSTED OPERATING MARGIN (1) 13.9% 13.8% +0.1ppts
------------------------------------- ------------ ----------- ---------
PROFIT BEFORE TAX GBP86.7m GBP72.7m +19%
ADJUSTED PROFIT BEFORE TAX (1) GBP91.1m GBP78.0m +17%
------------------------------------- ------------ ----------- ---------
BASIC EARNINGS PER SHARE 17.11p 13.68p +25%
ADJUSTED EARNINGS PER SHARE (1) 17.75p 14.55p +22%
------------------------------------- ------------ ----------- ---------
TOTAL DIVIDENDS (PAID AND PROPOSED)
PER SHARE 4.65p 3.80p +22%
------------------------------------- ------------ ----------- ---------
FREE CASH FLOW (2) GBP57.6m GBP55.6m +4%


Better, some measures up 100% (although note the free cash flow then and now...) - but given the 1,000% share price increase, albeit from a distressed high net debt position, I just don't see much from here?


2015 update:


FINANCIAL HIGHLIGHTS Year ended 31 December % change % change
(constant
currency)
2014 2013
------------------------------------- ------------ ----------- ---
REVENUE GBP820.8m GBP775.1m
------------------------------------- ------------ ----------- ---
OPERATING PROFIT GBP89.6m GBP93.3m
ADJUSTED OPERATING PROFIT (1) GBP111.6m GBP107.6m
ADJUSTED OPERATING MARGIN (1) 13.6% 13.9%
------------------------------------- ------------ ----------- ---------
PROFIT BEFORE TAX GBP80.6m GBP83.8m -
ADJUSTED PROFIT BEFORE TAX (1) GBP102.6m GBP98.1m
------------------------------------- ------------ ----------- ---------
BASIC EARNINGS PER SHARE 15.25p 17.22p -
ADJUSTED EARNINGS PER SHARE (1) 19.84p 19.00p
------------------------------------- ------------ ----------- ---------
TOTAL DIVIDENDS (PAID AND PROPOSED)
PER SHARE 5.63p 5.12p
------------------------------------- ------------ ----------- ---------
FREE CASH FLOW (2) GBP57.8m GBP63.8m -
------------------------------------- ------------ ----------- ---------
NET DEBT (2) GBP105.0m GBP59.2m
------------------------------------- ------------ ----------- ---------- -----------

[spudders] 02/3/2015 08:41

Where is everyone ?

[spudders] 02/3/2015 07:53

Finals out.

[mazarin] 27/2/2015 10:36

Preliminary announcement due on Mon 02/03/15 for 2014 Annual Results

[mike740] 26/2/2015 14:28

SNR Senior hits a new 10 year high. Forward P/E of 16.3 to 2016, still further to go.

[mike740] 26/2/2015 14:27

SNR Senior hits a new 10 year high. Forward P/E of 16.3 to 2016, still further to go.

[broadwood] 26/2/2015 11:52

Been here for half a decade. Rarely disappoints.

[mike740] 24/2/2015 09:47

Senior plc Stock Rating Reaffirmed by Numis Securities Ltd (SNR)
Posted by mitch on Feb 23rd, 2015

Senior plc (LON:SNR)‘s stock had its “buy” rating reissued by equities researchers at Numis Securities Ltd in a research report issued on Friday. They currently have a GBX 340 ($5.23) target price on the stock. Numis Securities Ltd’s price target indicates a potential downside of 0.50% from the stock’s previous close.
Senior plc (LON:SNR) opened at 341.90 on Friday. Senior plc has a one year low of GBX 248.90 and a one year high of GBX 339.729. The stock’s 50-day moving average is GBX 314.8 and its 200-day moving average is GBX 286.5. The company’s market cap is £1.421 billion.
A number of other firms have also recently commented on SNR. Analysts at N+1 Singer downgraded shares of Senior plc to a “hold” rating and set a GBX 312 ($4.80) price target on the stock in a research note on Tuesday, February 10th. Analysts at Liberum Capital reiterated a “buy” rating and set a GBX 325 ($5.00) price target on shares of Senior plc in a research note on Wednesday, February 4th. Analysts at Panmure Gordon initiated coverage on shares of Senior plc in a research note on Tuesday, February 3rd. They set a “buy” rating and a GBX 417 ($6.41) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight221; rating on shares of Senior plc in a research note on Friday, January 16th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the company’s stock. Senior plc presently has an average rating of “Buy” and a consensus target price of GBX 337.64 ($5.19).
Senior Plc is a United-Kingdom based manufacturing company proves engineered products for demanding operating environments. The Company operates in two divisions: Aerospace and Flextronics. Aerospace serves both the commercial aerospace and defense markets with a range of products for structures, fluid conveyance, and gas turbine engines.

[discodave4] 20/2/2015 18:57

Yes please.........but guess it will take a breather first.GLDD