AZ Electro. Share Discussion Threads

[robertfaulkner] 28/2/2012 08:15

8:15 today, a seminar in London by AZEM on the results

[robertfaulkner] 28/2/2012 08:14

Geoff Wild, CEO of AZ, commented:

"I am pleased to report a strong set of results and good growth in revenue and profits in our first full year of trading as a listed company. We have continued to invest substantially in the core drivers of our future success - our products, our processes and our people - in order to meet the requirements of our customers across the globe and ensure sustainable, long-term growth for our business."

[xandeebee] 28/2/2012 08:07

Not really what I was looking for.

[cambium] 28/2/2012 08:00

Subject:


DJ AZ Electronic Materials Swings To Full Year Profit


LONDON (Dow Jones)--AZ Electronic Materials S.A. (AZEM.LN), the chemicals company, Tuesday reported that it swung to a full year profit but said it expects the more challenging trading conditions experienced towards the end of 2011 to continue into the first half of 2012.

MAIN FACTS:

-Pretax profit for the year ended Dec 31, 2011 $125.6 million (2010: loss $90.6 million)

-Revenue $791.8 million (2010: $682.1 million)

-Operating Profit $150.7 million (2010: $124.3 million)

-Net profit $96.5 million (2010: loss $139.2 million)

-Earnings per share 25.3c (2010: loss 56.9c)

-Net Debt $343.4 million (2010: $423.0 million)

-Adjusted EBITDA up 16% to $261.0 million

-IC Materials division revenue up 22% to $545.1 million

-Optronics division revenue up 8% to $224.1 million

-Recommending final dividend of 8.5 cents per share, bringing the total dividend for the year to 12.3 cents per share

-Remains mindful of the uncertain macroeconomic environment which continues to impact consumer markets

-Shares closed Monday at GBP3.1 valuing the company at GBP1.2 billion.



-By Jana Weigand, Dow Jones Newswires

[xandeebee] 27/2/2012 23:40

Too right Stav.

[stavros28] 27/2/2012 22:19

We trade on hard work and experience XB .

320 the buy order XB.

Results look good on a first glance also paid down debt on strong cash flow!!

Stavros

[xandeebee] 27/2/2012 17:45

Looks like a tree shake occurred around US opening time today.. Interesting; perhaps MMs picking up a little extra float before results. We shall see. Good luck tomorrow all :).

XB

[stavros28] 27/2/2012 16:12

Choppa

With the number of apple phones being shifted its a risk worth taking.

Stavros

[choppa] 27/2/2012 15:33

hmmm results day can bring some big moves hope the results are good if not we'll be retesting the lower support levels imho.

[stavros28] 27/2/2012 11:03

Good move with FTSE down, short term technicals at a better level we can move forward tomorrow if the results are ahead of expectations.

Stavros

[stavros28] 24/2/2012 10:28

MM will try and shake a few punters out XB steady as we go .
Point and figure chart target 407 mmm.
Stav

[xandeebee] 24/2/2012 10:13

Drifting in the wind right now - volume low, price steady.

TBH, I'd have liked to of seen AZ up a few points over the past few days to hold a little more conviction going into Tuesday. High/Low of broker profit forecasts are huge (209 vs 116).

Hold onto your hats, could be a bumpy ride! :D

[xandeebee] 23/2/2012 10:43

Yet AZEM shave a few points! Roll on next Tuesday :D

XB

[stavros28] 23/2/2012 09:31

Chemical and Insurance sector leading today.
XB this pll back is good!!!

Stavros

[stavros28] 22/2/2012 17:36

Chopp/Rob
We are ok we wanted a pullback the Dow and FTSE are in need of a rest also we have moved a long way in a short time. Let the market takes its breath and we will continue up.
Short term indicators on AZEM now falling !!! price in a divergence with them.
No triple top on my point and figure chart its a consolidation not a problem
Bring on the results please!!!.

Stavros

[robertfaulkner] 22/2/2012 17:19

Stavros was saying a few days ago that we needed a clean push through 320p to get a break through. It got to touching 319p and it's shame it didn't close today above 315p.

[choppa] 22/2/2012 17:00

Hitting a lot of resistance here Stavros tripple top in fact. Am a holder but needs to break through these levels to have a clear breakout imho.

[stavros28] 22/2/2012 10:01

Short term technicals are starting to unwind a little now and the price point is still in tact looking good going into the results 28th.
Hold steady boys we need some pull back!!!!!!

Stavros

[stavros28] 21/2/2012 23:59

Cambium

DIA looking good , AZEM will know more on the 28th and CSR mmm have to do more research. Do u trade US stocks have my head in the clouds over this one CVLT Comm Vault. Iam up 57% and still running. This could be your fourth leg to your table

Stavros

[cambium] 21/2/2012 14:15

Is a portfolio of CSR, AZEM and DIA balanced?

[stavros28] 21/2/2012 14:13

Rob tank is in excess of 200 points.
Lets get the Dow open first and see how we go.
Market wants to go up from this point listen to what its telling you.

Stavros

[robertfaulkner] 21/2/2012 12:25

I'm a Baby Boomer (1947) so I was a bit too old to get into the Punk thing.

Talk about sell on the news, we now have the Greek bail out mk2 signed and the dow/ftse tank

[stavros28] 20/2/2012 15:35

Rob
Reminds me of that Stranglers record just hanging around.
Got a bit choppy towards the end of the session.

Tuesday
Good morning gents , yes we are still in this very narrow range but with the pre Dow up 60 think we could get some movement after the Dow opens.

Stavros Ex Punk

[robertfaulkner] 20/2/2012 11:27

Thanks Stavros, Azem kissing 320 as we post

[stavros28] 20/2/2012 11:21

Hi Rob

Both pieces of software take a full data set all automated. No problems

Point and figure target 670 ish but at that level you have a lot of overhead supply to sell it off from JAN-JUNE 2011.

Short term looks very overbought short term stoch is 90ish RSI 70 plus.
No signals on my other software RS strength moving with the FTSE if that powers ahead so will your cookson.
Dow closed today so no direction to move us on.


Stavros