AZ Electro. Share Discussion Threads

[stavros28] 24/8/2012 21:37

NASDAQ looking good again.

[stavros28] 24/8/2012 21:34

HH that's whats this BB is all about for me traders helping each other to gather the research content.
We all take time out and its nice to have others watching the pot boil.

[hopeful holder] 24/8/2012 11:01

Cheers - feels nice to be able to contribute for once!

Nice rise today - I wonder if this is on the back of the article or if other positive things afoot?

I see the quick rise above £3 as really positive support for this stock.

HH

[stavros28] 23/8/2012 22:11

HH nice work on your find above.

[hopeful holder] 23/8/2012 15:51

Nice article -



talks about looking for acquisitions as we progress forwards and refinancing debt when time is right - they come across as a pragmatic and shrewd bunch.

Perhaps this is a good reason to stay for a bit (as well as yours Stav - thanks)

HH

[stavros28] 23/8/2012 10:34

Hope NASDAQ is starting to move higher tech is moving again HOLD.

[hopeful holder] 23/8/2012 08:37

R&D make up the profit fall - so preparing itself for the future.

227 again Rob, for me I hope not - 340-350 in the next 6 months - doubt it unless we get a takeover bid - not really sure who would be interested.

Nice to se debt fall as satv mentions - get that down further and the costs to finance that debt get released to do good elsewhere.

Now questioning myself why do I hold these at the moment and I cant give myself a response to hold for the next 6 months or so.

HH

[stavros28] 23/8/2012 08:21

Results look ok Debt down cash flow up Rob.

[robertfaulkner] 23/8/2012 08:20

I don't think it's going to drop to 227p for my limit buy, it's just a touch below my sell of 295p. not enough to cover stamp and costs

[robertfaulkner] 23/8/2012 08:18

RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2012
FIRST-HALF PERFORMANCE IN LINE WITH EXPECTATIONS; GOOD PROGRESS IN SECOND QUARTER
Highlights

US$m H1 2012 H1 2011 Change
-------------------------------------- -------- -------- --------
Revenue 383.6 391.8 -2%
EBITDA(1) 125.1 129.5 -3%
EBITDA margin 32.6% 33.1% -0.5pts
Operating Profit 68.7 76.2 -10%
Profit before Tax 58.5 60.9 -4%
Profit after Tax 37.8 40.9 -8%
Basic and Diluted Earnings per Share 9.9c 10.7c -7%
-------------------------------------- -------- -------- --------
Adjusted (underlying):
Profit after Tax(1) 64.4 65.7 -2%
Earnings per Share(1) 16.9c 17.2c -2%
-------------------------------------- -------- -------- --------
Operating Cash Flow(1) 96.8 85.0 +14%
Net Debt 329.5 402.2 -18%
Leverage (x EBITDA(2) ) 1.3 1.6 (0.3)
Dividend per Share 4.0c 3.8c +5%
-------------------------------------- -------- -------- --------

-- Solid trading performance in the first half, in line with our expectations. -- Total revenue down 2% to US$383.6m (down 2% at constant currencies(3) ); second quarter revenues up 8% sequentially.
-- EBITDA down 3% to US$125.1m (down 5% at constant currencies(3) ), reflecting lower revenue and higher year-on-year R&D investment.

[robertfaulkner] 22/8/2012 19:54

Tomorrows the day, it all seems to be pointing to a big anti climax, why did I sell at 295p?

[hopeful holder] 21/8/2012 16:32

thats a great result and well researched / deserved!

[stavros28] 21/8/2012 08:36

Thanks hope up 23% with the Divi over 6 months a result and a little more to come.

[hopeful holder] 20/8/2012 21:53

stav - a little illiquid right now so didn't make any purchase - hope you did well stav.

[robertfaulkner] 20/8/2012 19:53

HH, I thought so, they told me to buy around the the issue price with the nod that a takeover was probable, well that hasn't happened but it has risen well from my buy price. So when they said sell, I did, and missed out on 20p rise.. Ho Hum. I wouldn't recommend anyone to follow me

[stavros28] 20/8/2012 15:55

Back from a whisky buying trip.

Hopeful did give you IRV its moving on good results and a Divi increase !

[hopeful holder] 20/8/2012 01:28

Rob - are your sources reliable?

[robertfaulkner] 19/8/2012 21:00

Oh well, this is the week. Will I be proven right that the half year results will be well below expectation?


I can't believe that 1) I'm the only idiot thats has heard this and 2) it's going to happen.

Thursday will tell!!!!!!!!!!

[hopeful holder] 14/8/2012 16:32

The chart does indeed seem to indicate good things for the 23rd report - but im still cautious.
Good results could push up to 330's or more with poor results sending us to 280's ?

HH

[stavros28] 13/8/2012 22:57

Been away price action looks better.

[hopeful holder] 09/8/2012 12:49

the 23rd could go either, profit made is profit made. Given the yo-yo ing of the markets in general, unless the reports is superb, I guess you'll get another chance lower than your sell price - but I may be wrong!!

[robertfaulkner] 09/8/2012 08:02

Have I missed the boat, I was under the impression that there will be some bad news/results at the financial statement on the 23rd, but the share price is still perky, will it break 300p before the statement?

[stavros28] 07/8/2012 16:27

No probs !

[hopeful holder] 07/8/2012 12:34

Hi Stav - looked at SGRO - would like to see 260 broken as looks like a huge resistance level, once that breaks then I would see a good rise (Imho).
Its now on my watchlist!
Thanks
HH