|Zenith Hygiene Group
||EPS - Basic
||Market Cap (m)
Real-Time news about Zenith Hygn. (London Stock Exchange): 0 recent articles
|premiumdeal: Plenty of work needed here-
New FD is encouraging we need some stability on the financials but when you look at previous Co. Found Ian Selby on Google; See corero.com. Share price has collapsed.
Time will tell.|
|1ch: Well, I think management still have a lot of work to do, to justify the current share price.
A company is all about management - how good they are - if one does not believe in management and think their ability is lacking somewhat then that company is one to avoid, as without new blood then it is difficult to see how things can change or revive.
If I was a holder I would be selling the stock before it went lower, after the artificial rise yesterday. It is dangerous to live for potential. Take Cinpart which was Buckland, they have had potential for the last 3 years, and they still have potential, but are they really going to go anywhere. The only management achievement there is that they are still trading.
Now a company with not only potential but a good track record of late is DMP,
which is about to announce results soon. Don't live on hope, but on past record.|
|diogenesj: Classic Aim manoeuvre if so: float the shares, trash the share price, and buy the company back a couple of years later for a fraction of what you sold it for.
It's what WTL are doing right now.|
|pugugly: Loss making trading statement and share price bounces 25% As Spock would have said "This does not oompute" Any views as to why?|
|josh devil: Kenny - if puffing the share price results in a 80%+ diminution in value then they have been wasting their time.
This business needs a strong FD very quickly and probably a new Chairman and NEDs as the current bunch cannot have been asking the right questions.|
The figures for earlier period have been rigged to show a healthy business.
Do not touch at any price because current management have spent more time puffing the share price than running the business.|
|chazza454: MartinC IF and its a big IF the mess in now behind the Company and your eps is correct what would the share price be now if the sentiment wasn't so bad due to past errors?|
|kenmill1: The exit of the FD could be related to the bad presentation of the profit warning last year. If the FD had not realised the significance of the exceptionals etc last year and had not therefore flagged the news to the Board, it is possible he was pushed after a reasonable gap to save face. The argument against that is the fact that they do not have anybody lined up as a replacement. The only slightly optimistic sign is that the fall in the share price is on low volume.|
|chazza454: There is no logic to the share price at present. The results were Ok on the whole and this year is on track. There is some bid activity in the background that clearly started when the price was around 170+. The multiples of profit based on current yr produce an share price 30% higher than current - what is going on??|
|0rb1t: The prelim report looks good. Here's a rough forecast for 2007:
2006 2H Turnover £19.8
2007 Turnover £39.6
20% inc TO £47.52 (organic and acquisitive rough estimate)
OP Margin 8.00%
PT Profit £5.6016
AT Profit £3.92112
Current FPE = 7.2
Share Price based on PE of 10 = £1.93
The Lisburn factory was is still only at 40% capacity so further expansion will improve the operating margin and profit goes straight to the bottom line.
Its was also reassuring that no attempt has been made to talk the share price down. So I don't think the takeover speculation is a MBO. Also the management would not have been caught out with the trading statement if it was. DYOR|
Zenith Hygiene share price data is direct from the London Stock Exchange