Aggreko Share Discussion Threads

[jasab] 09/9/2013 09:33

Starting to struggle for support. Thought it would bounce back to 1700 pretty quickly.

[tompion] 23/8/2013 18:10

RBC Capital lowered its target today - presumably the reason for the slide.

[topdoc] 23/8/2013 16:24

Why the fall anyway

[jasab] 23/8/2013 15:40

A long haul back to 1700 now.

[redips2] 23/8/2013 14:57

I could have too, but no worries, if they drop significantly well, I'll just grab more .

[tompion] 23/8/2013 13:50

Should have waited!

[redips2] 23/8/2013 12:34

ditto tom---long term we will be fine :)

[tompion] 23/8/2013 10:58

I have also added more - don't expect too much upside in short term but looking for £20 on a 12 month view.

[redips2] 23/8/2013 10:50

ok done, now they will go lower !

[redips2] 23/8/2013 09:37

only just noticed (stupid boy) this is down this morn, a top up may be .

[aspers] 22/8/2013 20:36

Commonwealth games in Glasgow will give these a real kick soon.....expecting 2200p by year end :-)

[redips2] 22/8/2013 11:34

blackrock are usually pretty canny, think i'll ring them, and tell them they are completely wrong this time .

[argylerich] 22/8/2013 09:44

Blackrock playing games, disposed of their CFD holding to dip below 5% again.

[argylerich] 19/8/2013 13:12

In the meantime it's being walked up and down like a chihuahua!

[redips2] 19/8/2013 11:36

happy with these, be nice to get some contract news---give them a bit of a shove up .

[jasab] 15/8/2013 10:38

Profit taking by the looks of it. I'm back in. AGK looks strong long term.

[birdsedgeuk] 09/8/2013 22:56

Hell of a trade this week ny traderdiarycouk. In and oit on rise this week. Cant fault him

[tompion] 09/8/2013 14:58

Cantor Fitzgerald maintains buy recommendation with 2200p target. May explain strength today.

[argylerich] 08/8/2013 10:03

Blackrock playing games with their holding.

Hopefully we should see a steadying-off at around the mid 1700s for a while now.

[dflowers68] 05/8/2013 10:49

Positive momentum today in share price, hopefully that's the end of last week's downturn!!

[jasab] 03/8/2013 14:39

We could run out of power at a peak time is this country which Is developed. Companies like aggrekoWill be a safety blanket for years to come and as the chief exec said, some countries just aren't readily committing cash to temporary power arrays............ but they will when the lights go off!

[dflowers68] 03/8/2013 11:35

Hi all, I dipped my toe in the water for the first time this week, although I have been tempted previously. It was mainly the sell-off after the results came out that persuaded me.

As another poster mentioned a couple of days ago, it only takes a disaster somewhere in the world that requires Aggreko's services and the share could fly again imo. I do agree with thoses who have questioned the high P/E ratio vs growth and the low dividend, however as I said I've just dipped my toe and will see how things go. In the meantime I found this:

Keep faith with Aggreko, Cantor urges

Cantor Fitzgerald has reiterated its 'buy' recommendation on temporary power provider Aggreko (AGK.L).

In the six months to end of June, sales rose 5% on an underlying basis to £760 million, somewhat shy of analyst Caroline de La Soujeole's £770.4 million forecast. Trading profits were flat at £157 million (versus the analyst's estimate of £161.8 million).

'We would look beyond this short term lull in trading,' de La Soujeole said.

'Long term growth prospects remain solid in our view. Meeting peak capacity demand in emerging markets will remain a problem for the foreseeable future. Aggreko is well positioned to benefit from the increasing gap between supply and demand for power.'

Shares in the group closed at £16.43 on Thursday, down 137p or 7.7%.

Source:

Good luck those invested here. DF