Treatt Share Discussion Threads

[campbed] 22/5/2002 00:08

To answer my own question I found the interims at:

www.ukwire.co.uk/cgi-bin/articles/20020520080000W1180.html

I'm not sure why share price dropped today as results read well to me with every chance to make EPS of 20p/share for full year for P/E of ~10 on today's price. House broker Investec forecasted in April a full year earnings of 19.3p. Looks good value IMO on 4.2% yield and that P/E of about 10.

[campbed] 20/5/2002 11:31

Treatt published its interims to 31 March today and Advfn shows the AFX summary but not actual results on the RNS . Anybody know which news service is carrying actual results?

The summary said H1 profits down slightly because of Sept 11 induced trading weakness in Q1 but Q2 much stronger and order books in both US and UK at good levels as at 31 March. These comments look quite bullish to me but for some reason the share price has fallen ca. 8% despite slight increase in interim dividend.

More generally, I'm surprised Treatt (TET) has no following on this BB as it's been tipped this year in both FT and Growth Company Investor as a quality small company with good prospects.