Zotefoams Share Discussion Threads

[janeann] 17/3/2015 08:03

Results out; looks good to me especially given the exchange rate not in their favour.

Increaseing profilt, good forward order book and gradually increasing dividend.

[battlebus2] 11/3/2015 16:04

Good news with the tie up with King Lia in China..

[battlebus2] 15/2/2015 23:31

Thanks exbroker.


Zotefoams - Croydon, Greater London - £40,000-45,000 per year

Planning Manager (Manufacturing)

Zotefoams plc is a world leader in cellular material technology. We are seeking an experienced Planning Manager to manage the Planning Department and develop a performance based, process thinking culture throughout the planning function.

Position: Planning Manager
Location: Croydon, London
Salary: £40,000 - £45,000 per annum

ROLE:
Zotefoams plc is the gold standard in cross-linked block foam technology. We use a unique production process that gives our products superior strength, consistency, quality and purity. Our foams are used in a wide range of markets including sports and leisure, aviation, automotive, packaging, healthcare, toys, building, marine and the military. Zotefoams is a UK company with operations and ventures in the US and the Far East.

The Planning Manager will manage the Zotefoams Planning Department so that manufacturing planning and inventories at all levels from raw materials to fabricated products are optimised and customers are supplied with their requested goods on-time, in full at an economic cost. You will support the drive for a process thinking culture which is performance based and looking for continuous improvement at all levels.

RESPONSIBILITIES:
a) Delivery of a number of manufacturing plans on a pre-agreed basis including material requirements planning at 2,3,4,5,6 and 7 levels of stock using the company ERP planning system. Communication of these plans and their relevant aspects to different groups within the company.
b) Development of planning tools using the Zotefoams ERP system and other systems to provide improved manufacturing planning and stock management.
c) Ownership of the Demand and Supply Planning steps of the company Sales and Operations Planning system, ensuring Demand and Supply plans are produced on time each month; organisation and running of the monthly Supply Planning meeting within this process. Translate Master Production schedules into capacity plans, recognising the limits of production capacity, coordinate medium & long term demand vs. capacity reviews through the S&OP process.
d) Production of monthly KPIs, reports and other data required to measure the success of business operations both within the supply chain and where required across the whole business including lead times, schedule performance and capacity management.
e) Set up, maintenance and regular review of safety stock levels both at Croydon and appropriate regional locations to reduce the risk of non- or late supply to customers.
f) Building and regular monitoring of a stock model for stock at all levels, which attempts to identify the optimum stockholding of products accounting for their inventory value, replenishment lead times, both internal manufacturing and external procurement (including the exploded Bill of Materials).
g) Working with commercial and marketing colleagues review on a pre-agreed basis the product range for slow and non-moving, obsolete stock making recommendations for write-offs and SKU rationalisation.
h) Management of a perpetual inventory process counting Croydon based stock at intervals appropriate to their throughput. Management of the annual Croydon site stocktake of raw materials, semi- and manufactured goods.
i) Management of Azote, HPP, Walton & Asia conflicting capacity demands.
j) Implement processes where value streams are constantly measured, challenged & improved in terms of eliminating waste & improving the service offering to the market-place.

[exbroker] 10/2/2015 16:13

Figs on 17 March

[battlebus2] 28/1/2015 11:16

240 to buy small amounts, seems little stock ATM.

[battlebus2] 23/1/2015 16:38

Finished up 10p on 6k traded... Investoree nice timing on your top ups :))

[battlebus2] 23/1/2015 15:51

Still moving higher, i wonder is it in connection with Europe or have we been tipped somewhere? No stock available to buy online atm.

[battlebus2] 23/1/2015 15:12

BIT OF A JUMP THERE :))

[investoree] 15/1/2015 12:41

BB2 Just accepted another 1,500 @ £2.23 from the seller to add to my long term core holding - will continue topping up on any further weakness if and when it should happen.

[battlebus2] 13/1/2015 09:01

Recovered to around the pre trading statement level :))

[battlebus2] 09/1/2015 09:07

BONY OCS Nominees Limited over 3% so buyers at these levels..

[battlebus2] 07/1/2015 13:30

Thanks Exbroker, 250 target whilst not impossible may not happen without further news etc.

[battlebus2] 07/1/2015 11:27

Any views exbroker? Brokers target price lowered slightly to. 290 from 300.

[battlebus2] 07/1/2015 07:57

Trading update positive with growth in all areas then a backlog caused by new systems which will lead to lower profits but will be booked later.
Disappointed we had no details of the new product etc.

[battlebus2] 12/12/2014 13:05

I would have thought so given the main ingredient is oil. Currencies still a problem though. Still concerns over the availability of the product might keep prices up, it seems harder and harder to get supplies i believe, could be wrong ofcourse just my own view.

Asian polymer prices fell by between $10 and $80/tonne in HDPE, LLDPE, LLDPE, PET, Polypropylene, PVC, ABS and Polystyrene. European polymer prices also fell with reductions of 20 Euros to 100 Euros per tonne reported in HDPE, LLDPE, LLDPE, Polypropylene, PVC, ABS and Polystyrene. US polymers remained largely unchanged but PVC fell by 6 Cents/pound.

[underhill] 12/12/2014 12:54

"Raw material prices have been broadly unchanged over the period."

But they're going to be significantly lower going forward, no?

[battlebus2] 12/12/2014 08:15

A bit of selling over the last couple of days and a dip in the share price to match,

[emeraldzebra] 17/11/2014 14:47

pleased i topped up at 2.30 -- wonder when the benefits will start to come through from the Unilever deal.

[battlebus2] 11/11/2014 13:17

Thanks exbroker, plenty of buyers still in the market for ZTF.

[exbroker] 07/11/2014 14:48

My analysis of liquidity suggests that even with the enlarged number of shares in issue the company has passed liquidity 6 out of 6 months. That keeps them on track to go into the all share index in June if that trend continues and they maintain the required market cap.


The joint house brokers comments in the morning note...


Zotefoams* (ZTF.L)


Price: 234.5p / PT: 285p (n/c)


Add (n/c)

Our View: Today’s Q3 FY14 update by Zotefoams confirms continued progress and sales growth that was broadly expected. Mucell revenues were primarily driven by equipment sales and demonstrated strong growth, albeit after a slower H1 FY14. Elsewhere, Q3 HPP sales were nearly double the prior year comparative, while polyolefin foams delivered good volume growth in the UK, Continental Europe and North America, with Far East sales weaker, against a strong comparative. We understand that there is a strong order book for the remainder of the year and management is confident of a satisfactory outcome for the current financial year, whilst being mindful of ongoing economic uncertainty, particularly in Europe. We retain our Add recommendation and 285p price target, which remains dependent on progress and growing visibility in HPP and Mucell.

§ In common with wider market conditions, the strengthening of sterling (primarily against USD and EUR) over the period has impacted sales.

§ As the business continues to invest to support future growth, operating costs in the third quarter have naturally been higher. Raw material prices have been broadly unchanged over the period.

[battlebus2] 07/11/2014 10:09

Happy with that IMS. Should restore a little confidence.

[coolen] 04/11/2014 22:40

Even that might be a relief !

[exbroker] 03/11/2014 12:26

IMS this week I am told, most likely back end, not expecting much change.

[coolen] 06/10/2014 14:57

Small beer, but interesting to note that the MD has today topped-up his ISA with ZTF at 240p