AZ Electro. Share Discussion Threads

[choppa] 08/5/2012 22:16

Looks like that resistance is there after all. Cannot break through at the moment.

[robertfaulkner] 08/5/2012 17:52

Cheaky, I wonder how much less Geoff Wild would have got at 300p compared to 322p. It's the rich what gets the pleasure, it's the poor that gets the grief.

[cheaky monkey] 08/5/2012 17:26

booo, bad drop today, bounce tomorrow?

[robertfaulkner] 07/5/2012 22:22

wish I had 46000 shares to ell at 322p must be about £150k, nice bonus

[stavros28] 07/5/2012 20:13

Geoff Wild, who has occupied the role Chief Executive Officer at speciality chemicals producer AZ Electronic Materials since January 2010, dumped 46,000 shares in the firm one week after the firm reported a robust performance during a tough first quarter.


No panic peeps he still owns a shed full.

Stavros

[stavros28] 05/5/2012 23:23

Choppa
We are above recent resistance at 312p and the last signal we had was a buy 21/3/12 check chart.



Stavros

[choppa] 05/5/2012 11:07

That resistance is still in place Stav. 4th top being formed or a breakthrough is coming. Its a watch and see at the mo no obvious signals to enter imho.

[stavros28] 03/5/2012 22:40

Patience Robert, its your sitting that makes money not your doing.
Buy in place on the charts.

Stavros

[robertfaulkner] 03/5/2012 18:52

Oh dear, it won't be this week. Dow off 88 points and Ftse futures down 28 points. Still a while to go to Dow close

[robertfaulkner] 03/5/2012 18:50

Come on AZEM get a move on to 740p, so I can get out with nearly all my CGT exempt covered in the first few weeks of 12/13 tax year.

[stavros28] 29/4/2012 17:43

Funds getting a position on the back of the trading update.

[hopeful holder] 29/4/2012 16:04

from memory, the company said it would do better the 2nd half of the year, and we are not there yet...

[stavros28] 28/4/2012 06:30

Rob xb

The price action tells you the story, I said it would run up after all the short/old holders had been shaken out. This big intra day reversal is a sign that it wants to breach the all time high. When stocks go to new higher highs we have NO overhead supply of stock to sell it off. Think about it and look at RR. when that broke up and made new higher highs, my posts are on RR.
Stavros

[robertfaulkner] 27/4/2012 16:23

Azem up around a 1p, 16:20 not bad from opening was it 12p down.

I was hoping for + 300p close we could be + 318p

[robertfaulkner] 27/4/2012 15:24

Xan, AZEM is my only share in profit and that was recommended to me, so I'm useless

[xandeebee] 27/4/2012 11:16

I've had a great run on SHFT recently Rob, if it breaks 100p I may have another look there :)

No thoughts otherwise, any suggestions?

Xb

[robertfaulkner] 27/4/2012 10:59

Zand, you can always get back in if it drops to 236p as it was on Jan 3rd this year.

Or even 268p as it was a few weeks ago (6th March)

Whatever, pop in and have look at the posts from time to time.

Now you have the problem of what to do with your gains, keep cash for after "sell in May and go away" or go for a quick profit on a risky share,or buy some very high yielding share like Aviva?

Any thoughts yet

[stavros28] 27/4/2012 10:17

Line of least resistance up

[xandeebee] 27/4/2012 10:13

I sold today for a rather modest profit in the end. It could well have been the wrong decision but from my interpretation AZ just aren't converting their relationship with apple into monetary returns. The statement was (as expected) rather bleak although a little more positive moving forward.

Stav & Rob, I've enjoyed following this company with you guy guys and thanks for all your input. Hope holding pays off!

XB

[stavros28] 27/4/2012 08:25

No just a lot of old holders at this level.
They will be out of the way soon and share price will break higher.

[robertfaulkner] 27/4/2012 08:23

Would be nice to stay well above 300p when the market really starts at 9am and closes for the weekend

[robertfaulkner] 27/4/2012 08:22

Is it the 5% drop in Q1 profits that have upset the SP?

[robertfaulkner] 27/4/2012 08:20

Trading statement form RNS in AZEM News above

outlook

AZ confirms that trading conditions during Q1 were consistent with those reported at the time of our 2011 full year results announcement of 28 February 2012. Management's expectations for the 2012 full year are unchanged.
As expected, the more challenging trading conditions that we experienced towards the end of 2011 continued throughout the first quarter of 2012. Group revenue in Q1 amounted to $184.0m (Q1 2011: $192.3m), a reduction of 4% on Q1 2011 (a reduction of 5% on a constant currency basis). The Group's EBITDA margin in Q1 was in line with management's expectations.
Current trading in April shows that both of our core businesses are performing well. In the integrated circuit ("IC") industry, several of our customers have reported that they are increasing wafer capacity and utilisation, which we expect to have a positive influence in the second quarter and beyond. In the flat panel display ("FPD") industry, we expect an upturn in end user markets and new product qualifications to drive further growth of our Optronics business as we go through the year.
Assuming no adverse change in the consumer and trading environment, we expect sequential quarterly growth throughout 2012 and management's expectations for the 2012 full year are unchanged.

[stavros28] 26/4/2012 09:01

Good open price straight out the blocks.
And now a good finish !

Stavros

[robertfaulkner] 26/4/2012 08:13

RNS 24th April 5.3p div, Ex Div was 30 March, Pay day 11th May

GB Pounds Sterling Exchange Rate for 2011 Final Dividend
AZ Electronic Materials S.A. ("Company" or "AZ") today confirms that, further to its 2011 Preliminary Results Statement of 28 February 2012 (RNS Number: 2275Y), the recommended 2011 Final Dividend of 8.5 cents per Ordinary share equates to 5.28428 pence per Ordinary share based on the exchange rate of US$1 : GBP GBP0.62168.
Subject to shareholder approval of the 2011 Final Dividend being obtained at the Company's Annual General Meeting to be held on 2 May 2012, all dividend payments, including the default payment in GB Pounds Sterling, will be made on 11 May 2012 to shareholders whose names appeared on the register at the close of business on 30 March 2012.
ENDS