Share Name Share Symbol Market Type Share ISIN Share Description
600 Group LSE:SIXH London Ordinary Share GB0008121641 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 14.25p 13.50p 15.00p 14.25p 14.25p 14.25p 9,398 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 47.0 3.2 2.0 7.2 14.87

600 Group Share Discussion Threads

Showing 1551 to 1572 of 1850 messages
Chat Pages: 74  73  72  71  70  69  68  67  66  65  64  63  Older
DateSubjectAuthorDiscuss
03/7/2014
12:39
Bullish article in shares magazine today. Generally stating market had failed to recognise positive trends in the company results from June so far which was allowing investors to still get exposure at an attractive valuation. Article is full page in the mag for anyone interested.
bigdazzler
02/7/2014
11:08
I look forward to that.
cjohn
02/7/2014
08:39
Hi C John, spoke yesterday, sounds pretty upbeat and will post thoughts at the weekend.
hastings
30/6/2014
09:53
Hi Hastings, If you do speak to the CEO, it would be great if you could write about the conversation here. Thanks CJohn
cjohn
26/6/2014
11:25
Very good summary's prop joe and cjohn. I should have been speaking with the CEO today but unable to do so from my end. Hopefully catch up next week.Also thought results and forward picture were decent and very comfortable to hold.
hastings
26/6/2014
10:30
rburtn, I don't claim to be a great expert on pension accounting but have some knowledge (I am an accountant). As CJohn says there are different ways of calculating future pension fund liabilities and different methods are required to be used for different purposes. Accounting standards require the current value of the all the future predicted pension payments to be calculated using the interest rate on quality corporate bonds, whereas the actuarial valuation uses the gilt rate. As gilts are considered extremely safe the gilt interest rate is always lower than the corporate bond rate and so an actuarial valuation results in an apparently worse situation than the deficit included in the balance sheet. Of course, any method is attempting to estimate what will happen between now and a very distant point in the future so the one certainty is that what will actually happen will be different to either calculation! However, I think both figures are useful to bear in mind in deciding whether a share is good value or not. As CJohn says the scheme's assets have outperformed the modest target set by the actuary and so this has reduced the actuarial deficit when it was recalculated. Likewise if the gilt rate had increased between the calculation dates it would also have led to a reduction in the actuarial valuation deficit as it would have reduced the present value of all the expected future pension payments. Hope this is of some help! PS I thought the results were good and also believe SIXH is undervalued. Regards
prop_joe
26/6/2014
09:01
Bear in mind that SIXH have very large pension funds. There are different ways of calculating likely future liabilities and as the funds are so large, these can produce significant variations in the calculated surplus and déficit. The critical point is that the necessary return on scheme assets to cover liablitiies on the most pessimistic basis of calculation is very modest. Gilt yields plus 1%. In the last few months, the scheme assets have outperformed this modest benchmark. So there has been a marked reduction in the assumed liablity under this way of calculating. No pension payments are required for several years, when there will be another re-consideration. The most likely outcome is that there will be no payment required at that time either. The results are Ok and if the increased order book translates into increased sales, there could be marked progress here.
cjohn
26/6/2014
08:42
What does one make of a pension fund surplus of 20m reduced to a 25m deficit for technical provisions - what the heck are these provisions. Seems like some excuse for paying a very large sum - 50m to have it taken off one's hands. Then we read the figures suddenly become deficit 15 and buyout 35. It seems to me that shareholders are due some rather more detailed explanation for what is a massive sum swinging around at the whim of those men of great integrity(!) - the financial services industry - no matter the time over which it can be amortised. Nevertheless, this company is well undervalued IMO, it just ain't being made clear. Maybe the next candidate for an MBO?
rburtn
24/6/2014
11:19
US manufacturing highest in 4 years, bodes well for an optimistic outlook statement on Thursday. http://www.theguardian.com/business/2014/jun/23/june-manufacturing-pmi-grows-faster-expected
paleje
27/5/2014
12:27
You're sore you didn't buy before huh? :)
blondeamon
27/5/2014
12:09
WOW. THE ONLY REAASON simon THOMPSON has a good track record is BECAUSE HE KEEPS RETIPPING HIS TIPS OVER AND OVER AND OVER AND OVEr AGAIN. WHAT A MUG IDIOT
dan_the_epic
07/5/2014
12:03
some large late trades which you would think would be buys?
manrobert
17/4/2014
14:07
Cheers for that, appreciated, off to WH Smith this pm. I feel it could be a really decent recovery play. Used to be a high yielder and steady performer around 14 yrs ago!Poor management, lack of investment, cheap imports and the subsequent Global recession hammered it. New team, CEO turning it around.
hastings
17/4/2014
13:48
Yes H, it's a full page article entitled "Tooled up for recovery. A small-cap engineer is primed for a profit surge and is also a possible bid target". Simon Thompson has identified 600 as "showing all the traits I look for in a recovery play". Hope he's right! Worth a trip to your local WHS for a crafty read! Cheers B
bleuville
17/4/2014
13:33
Hi Bleuville, is it a largish write up in the IC ?Cheers H
hastings
17/4/2014
13:00
Thanks for that Hastings, an interesting read. Worth reading Simon Thompson's detailed article in today's IC. Seems like interest in 600 is on the increase which, together with the recent award of options to the directors with an exercise price of 17p, is hopefully pointing to a northbound share price
bleuville
17/4/2014
11:06
A few words that may interest others taking a look.http://www.privatepunter.co.uk/Behind-the-Scene/more-on-600-group-16-april-2014
hastings
14/4/2014
13:31
wow this thread has a chart never seen one of those before
spob
14/4/2014
12:43
lol IC Tip
melodrama
14/4/2014
12:14
sudden buying flurry
melodrama
09/4/2014
12:14
just put a buy order at 19p. wish everyone the best of luck
hikmetyzb
09/4/2014
09:53
Hastings - Any views on the comments above about the level of options awarded to senior staff?
rp19
Chat Pages: 74  73  72  71  70  69  68  67  66  65  64  63  Older
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