Bodycote Share Discussion Threads

[cockneyrebel] 12/10/2012 07:18

reveral point here?

CR

[sleveen] 11/10/2012 18:58

the double top mid Sept and early Oct is a little troubleing though IMHO.

[cockneyrebel] 11/10/2012 14:33

Long again from today, cyclicals back on the up here imo.

CR

[sailastra] 10/10/2012 14:36

My first entry...been watching this little break down recently and tend to feel that it is a pause in the uptrend rather than a full scale tumble...Given that Cookson warned that things are difficult and that Morgan Crucible have lost ground a little, we can not expect BOY to buck the trend...The sector is under a little pressure for sure...These stocks are not expensive unless you believe that their earnings are set to get toasted.

[purple boots] 10/10/2012 12:00

disappointing double top here, perhaps heading for gap at 3.66

[k mon] 02/10/2012 10:08

Spot on there Big D.

[bigbigdave] 01/10/2012 15:46

Next leg up coming here I reckon.

[speedsgh] 11/9/2012 12:08

Boy, is this a quiet thread! Probably due a bit of breather after recent strength but nice to see the intra-day reversal.

[bigbigdave] 07/9/2012 07:07

Breaking out past August high this morning.

[sleveen] 28/8/2012 09:47

looks like the support @ 322p will be tested. Edit: or maybe not.

[cockneyrebel] 23/8/2012 09:24

Looking hot here imo:

lovely bowl:

[cockneyrebel] 22/8/2012 10:19

The hot buyrs that created this rally and bowl are still out there waiting to pounce on the dip imo.

CR

[cockneyrebel] 16/8/2012 15:58

Panmure out with a Buy today, upped their target today from 505p to 540p

CR

[cockneyrebel] 16/8/2012 15:14

Nice intraday reversal :-)

Welcome BBD :-)

CR

[cockneyrebel] 15/8/2012 12:40

On or near a nice pointy on the bowl to be adding here imo - so I have :-)

CR

[cockneyrebel] 14/8/2012 15:21

Big intraday reveral here - looks a buy rather than a sell imo Greenroom.

BOY can add 5-10% in a day no trouble when the punters chase it imo.

CR

[greenroom78] 14/8/2012 14:48

Trimmed back on some FENR that I bought sub 350p and bought into here today. Chart looks like this could go the same way.

[cockneyrebel] 14/8/2012 10:35

Nearly all buys today - a seller to clear then up these go again imo.

CR

[cockneyrebel] 09/8/2012 19:15

And a nice breakout too now:

[cockneyrebel] 07/8/2012 12:54

Nice bowl imo:

[northernlass] 31/7/2012 08:10

Investors Chronicle Tips Bodycote

BODYCOTE COPES WITH HEAT

Much is made of Bodycote 's heavy exposure to Europe and the inevitable currency impact. Yet the heat treatment specialist makes more money from fast growing sectors, like aerospace and energy, than anything else, which should offset turbulence elsewhere – leaving the shares looking too cheaply rated.

That said, management admit that 40 per cent of the business – the automotive and general industrial operations in Europe – is softening. French car manufacturers are struggling and Germany was weaker in the second quarter. This has rippled out to Poland and the Czech Republic and China has been a "bit less exciting". Still, these trends have been well-flagged and weaker demand in emerging markets – just 10 per cent of sales – isn't expected to last. Significantly, 60 per cent of the business is in growth mode. Cars and trucks are still selling well in North America and sales to the aerospace and defence industry grew nearly a fifth during the period, with the headline operating profit margin having hit 24 per cent. That trend is unlikely to change given the production ramp-up at Boeing and Airbus. Elsewhere, revenue from oil and gas work was up a third, and North American mining and agricultural equipment made a big contribution, too.

Investec Securities has trimmed forecasts for full-year adjusted pre-tax profit by 4 per cent to £88m, giving adjusted EPS of 34.8p (from £80.9m and 32.1p in 2011).

IC VIEW:
Bodycote carries little debt and pays a decent dividend. Demand from aerospace and energy markets is growing fast, too, and a forward PE ratio of nine factors in a weak Europe. BUY.

Source:


P.S.
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