Yule Catto Share Discussion Threads

[philo124] 14/6/2012 08:23

Back in having sold some time ago; very good note from Canaccord- £2.90 target.
Balance Sheet looks undergeared imo.

[peaeff] 12/6/2012 10:39

What an absolute disaster this has become but the directors are taking the opportunity to buy on the cheap, albeit in very small amounts. I would like to think that 180p would be the bottom but I can't say I'm too confident about that.

Regards

[dahhad] 04/6/2012 12:31

With my present luck, having picked companies like Kentz, Fenner & Aviva as well as this one, the time I decide to sell to get out will be the time the market picks up!!

[peaeff] 04/6/2012 09:34

Extremely volatile here since that IMS and, the current state of world finance, with all it's purported uncertainties, can't be helping.

I suppose a really clever person would say 'get out' until these uncertainties are far less of an unknown quantity than at present.

I have very little to do with charts and I fail to see how thay can be used with any accuracy in the present climate.

regards

[dahhad] 31/5/2012 13:53

Forgive my ignorance on charts but does that indicate that the price might go up? Hopefully, that's the case!

[cockneyrebel] 31/5/2012 11:41

A nice little reversal pattern forming here imo.

Little higher highs and higher lows

CR

[peaeff] 21/5/2012 15:26

Yes it is difficult to understand how a director buys at 251p just before the share price plunges on a tactless IMS. I expect he's been asking the same question of his colleagues.

regards

[stevemarkus] 21/5/2012 11:20

Directors were actually buying reasonable quantities at 250p, so unlikely to be that. But that in itself is slightly reassuring.

Cheers,
Steve.

[cockneyrebel] 20/5/2012 14:16

YULC statememts rarely gung-ho imo, you usually need an enigma machine to crack the code of many of these trading statements from companies imo.

Might often be a way of not saying too much so the directors can buy a few shares on the cheap at some point imo - but then I'm a sceptical old Hector.

CR

[peaeff] 20/5/2012 13:00

Stevemarkus

Yes it's something CEO's like to do when there is not too much to say. They compensate by baffling people with percentages instead of figures.

I rather got the impression that he wrote it in his coffee break from memory and got himself, and everyone else, totally confused.

A month ago this share stood at 50p more than ELM (same sector) but is now on a par and seemingly not too worried about the overall economies or the exchange rates.

Very poor statement, must do better. 4 out of 10

[stevemarkus] 18/5/2012 11:04

The statement was worded poorly I thought. First the very positive 'substantially exceeding' and then the poor wording for Q1 this year down against last years Q1. But then they go on to say that it was stronger than Q4 last year. So, I think wording will have made people read more into the statement than perhaps is necessary. Having said that, I don't like the impact of the pound against the Euro exchange rate on profits much.

Thought about selling a few yesterday and decided against it. More likely to buy some more if it falls further.

Cheers,
Steve.

[cockneyrebel] 17/5/2012 10:08

Happened in the last fall on YULC last July Peaeff - despite them being inline the market sold off - the market was wrong then because these still performed and by the time they were back to 250p all the 'anal-lysts' were positive and saying 'buy'.

Bulk of the falls are funds selling on lows as they do when they've just been buying on highs - little wonder pensions are so poorly performing imo.

CR

[peaeff] 17/5/2012 09:34

CR

The initial statement you have outlined seems to be totally negated by what follows and IMO probably is the reason why we have had a 40p drop recently. Oh to be in the know!.

In the present climate the markets don't like being reminded of the negatives and he seems to like doing that. One of his previous statements was of a similar theme. I am very disappointed but at the same time unsure that I should be.

Meanwhile ELM (same sector) is nearing record highs again.

regards.

[cockneyrebel] 17/5/2012 07:36

"Profitability for the period was substantially ahead of prior year* and in line with the Board's expectations"

Well trading in line with expectations - you wouldn't think so looking at the recent decline on the chart - 40p off the recent high.

All imo/dyor etc.

CR

[broadwood] 16/5/2012 16:00

I suspect its fallen with the market generally which is now back 600 points from recent highs.

CRDA in the Chemicals sector has survived pretty well. We'll see if the same can be said for polymers.

[cockneyrebel] 16/5/2012 15:39

trading update tomorrow, with the share price looking like it's pricing in a poor performace can they possibly disappoint?

Were pretty upbeat in March, directors been buying since then too.

CR

[cockneyrebel] 16/5/2012 13:04

Bouncing off the 100 day moving ave.

CR

[peaeff] 16/5/2012 08:24

CE

This is quite a fall that has happened over the last couple of weeks. I will be very interested to see the update and if it contains any possible reason for the fall. If so then one could be forgiven for thinking that someone very clearly has gotten wind of it's content.

They will soon be on a par with ELM who have not suffered anywhere near the same demise during the same period.

A bounce of 10% here won't touch the sides from a 250p high at the end of March.

Perhaps the price included the T/O speculation and perhaps that speculation has now, for those in the know, finally receded.

regards

[cockneyrebel] 16/5/2012 07:55

trading update tomorrow - RSW bounced over 10% on its t/s yesterday - a lot of stocks oversold imo.

CR

[fozzie] 11/5/2012 15:08

Morning Vicar!

[fozzie] 10/5/2012 10:11

One week to the trading update, i want to hoover these up but was very badly hit over the last week and just dont have the funds or the balls at the minute.

[peaeff] 09/5/2012 14:14

that's a big retrace since 3rd May. I know the markets are poor at present but this seems excessive to me.

[cockneyrebel] 08/5/2012 15:56

trading update in less than 10 days - director buy of 50K @ 251p recently.

CR

[cockneyrebel] 04/5/2012 11:38

Market keeps offering these at a bargain price - AGM Thursday week and the IMS statement - can they remain this cheap after what they said at the last upddate? Brokers were having orgasms everywhere when that last updated.

CR

[peaeff] 03/5/2012 11:35

CR

Can it go through today. Volume extremely slow this am.