Bodycote Share Discussion Threads

[ladywormer] 27/4/2010 08:50

Which papers Broadwood? Nothing in the Telegraph.

[broadwood] 27/4/2010 08:46

The papers are picking up the bid story.

[broadwood] 26/4/2010 15:47

I'm in danger of getting my money back.

[wad collector] 26/4/2010 12:37

Published: 6:00AM BST 09 Apr 2010

Bodycote

Bodycote
205.8p, -5.3p
Questor says, Sell



Good call!Err...not.

[broadwood] 26/4/2010 11:42

Flavour of the week again?

[broadwood] 23/4/2010 10:35

We're off to the races again.

Something's cooking?

[broadwood] 22/4/2010 20:01

Industrial stocks topped the mid-cap leaderboard after IMI's trading statement topped expectations. IMI, which said outlook for the first half of 2010 has "materially improved" since its preliminary results announcement in March, surged 36½ to 680p. Bodycote also jumped 14.3 to 224½p.

[wad collector] 22/4/2010 18:31

Mmm, this looks interesting today - quite big volume too - whats up?

[drectly] 22/4/2010 16:57

I hope so, could just be following IMI, but it does look strong at the moment

[broadwood] 22/4/2010 16:25

There could be more to this.

[broadwood] 22/4/2010 15:43

directly - I've been following IMI today - hoping they might drop back so I could get in Did hold 'til a few months ago.

Hadn't seen BOY as a direct read across.

[drectly] 22/4/2010 14:59

IMI update this morning, they are up 7 or 8% at the moment

[broadwood] 22/4/2010 14:55

Somebody thinks they know something.

[wad collector] 20/4/2010 20:56

I don't think the Market is taking that rumour very seriously , judging by the share price

[drectly] 17/4/2010 20:17

they might have a go at 280 ish and then raise to about 310 to complete and need a bit more to top up the Pension fund, based on existing share price and a typical initial 30% premium
we can hope, but my guess there would probably be a bit of a leek if really being looked at and more volume

they would though be getting 3/4 's of the Company for much less, a lot less shares to buy than before. So a return at some point still a good chance

regards John

[killieboy] 17/4/2010 18:46

Serious - £600M thats about 318p per share - very nice.

[serious] 16/4/2010 07:22

from todays FT..

Mid-cap Bodycote rose 1.9 per cent to 206p after Sulzer, which bid for it in 2007, said it had £600m to spend on acquisitions.

[drectly] 09/4/2010 08:01

Telegraph Questor sell rec and take profits after the good rise - April 9th 2010

We may see a bit of a dip

[cellars] 27/3/2010 12:16

Panmure & Arbuthnot 2011 EPS = 19p = PER 11.7x @ 223p mid price. That PER is well below the median for BOY's peers. Yes, with its high operational gearing, BOY will suffer more in the event of a 2x dip recession, but will benefit more from gradual economic recovery. I think economic recovery is the more likely so I think Goldman's 275p target is reasonable on a 12 month view without the intervention of a takeover.

[drectly] 26/3/2010 16:07

If you compare to the last 5 years v IMI, we are just closing the gap, so it may just be late realisation we have lagged behind for a bit. plus overseas earnings back into pounds must be helping.
Agree a fall back is likely without some indication of the reason for recent strong growth. Thought I would sell or reduce a bit at this level,but growth so strong will just leave for the moment.

[broadwood] 26/3/2010 15:59

It could be stakebuilding but its more likely to be the realisation that BOY's markets are improving and the Company is now much leaner and fitter. That means the gearing has substantially improved and increased sales will quickly flow through to the bottom line.

Possible predators will have noticed that, of course.

[killieboy] 26/3/2010 15:26

As I said in Nov (387) industrials always do well in a recovery sit - but there must be something else shifting this - we should know very soon otherwise could see a major pull back; good luck all.

[etome] 26/3/2010 14:29

Sorta weird indeed.

[broadwood] 26/3/2010 10:51

Neglected thread but the BOY is motoring now.