Bodycote Share Discussion Threads

[rathlindri] 16/2/2015 11:17

Bought in here today after watching for a few weeks. Chart looks strong

[hawaly] 12/2/2015 13:39

Thanks very much.

[toffeeman] 12/2/2015 11:56

Oil and gas is £58m so 10% of revenue

[hawaly] 12/2/2015 10:44

Can anyone tell me how much of the revenue is generated via the Oil and Gas industry?

Thanks.

[toffeeman] 12/2/2015 10:01

Or not! - gone through today so let's see if it holds above 730

[toffeeman] 05/2/2015 15:32

Yep - been moving up 730 resistance?

[meijiman] 19/12/2014 16:00

will soon be at 700p I think.

[toffeeman] 17/12/2014 11:00

Will it recover or is that 600 gone for now?

[toffeeman] 12/12/2014 13:34

Good test of 600 methinks

[mach100] 01/12/2014 15:57

Gone into reverse and now back to the price I sold at. More likely weighed down by the general market malaise. I wonder is the long awaited and perhaps overdue market correction underway?

[toffeeman] 25/11/2014 16:21

Hopefully 600 will establish as support

[mach100] 25/11/2014 16:19

Big bounce today. I think Investec were impressed by their capital market's day.

[toffeeman] 20/11/2014 16:45

It was by BlackRock but they no longer have a disclosable position

[mach100] 20/11/2014 12:09

I wonder is this being shorted?It certainly is getting a hammering and has been as low as 590.5p today. It is bouncing back a little as I type but I wouldn't be surprise if it weakened again. If it falls through 590p support then I think it be very bearish.

[mach100] 17/11/2014 09:36

Hi Toffee, I didn't deep dive into this but sold quickly because I thought it was going to be hammered. I saw very few positives in today's statement at first glance. OK Oil and Gas were up 13.6% but I am not sure how the low price of Oil affects the revenue. Aerospace and Defence revenues lower ( unlikely to improve imo. Industrial Gas Turbines flat, Automotives lower at currency rates,Trucks lower in Western Europe and weaker Nth America


Revenues in the Aerospace, Defence and Energy business were higher by 2.5% at constant exchange rates (2.9% lower at actual exchange rates). Aerospace and Defence revenues were lower by 3.3% at constant exchange rates. Civil aviation revenues have been impacted by continuing inventory adjustments by some engine OEMs, particularly in the UK, and defence revenue suffered from the ongoing reduction in military budgets. Revenues in Oil & Gas were up 13.6% on a constant currency basis. Demand from the North American onshore sector remains on an improving trend and revenues for subsea applications, particularly for the Group's HIP Product Fabrication offering, have continued to grow steadily. Revenues in the Industrial Gas Turbine sector were flat compared to the same period of last year. "The Board currently expects that general background demand will be more difficult in 2015 than in 2014." A lowering of expectations which would avoid a profit warning I suppose. I like the share and I like the divi but there were just too many weaknesses and negatives for me. I might re-enter at 550 if it reached that. I am happy to hear any bull points or price targets.

[toffeeman] 17/11/2014 08:41

Can you be more specific MAch100 - they look ok to me

[mach100] 17/11/2014 07:53

Results out. They seem to explain the drop. I am out.

[toffeeman] 15/10/2014 07:53

Hectorp! Now there's a name I remember from when OXB was 130! How you doing? Still alive I see!

[matt123d] 14/10/2014 22:00

Hammered on the weekly, still red on the month though.

[hectorp] 14/10/2014 19:43

good bounce today , certainly...
there is nothing in the number 600. watch the overall markets too.

[toffeeman] 13/10/2014 11:46

I am long (from 700! for the long run) but I think this is through 600 support and so will hit 500.

BWTFDIK!

[goodman] 13/10/2014 10:37

CR: Why do you think this share has been beaten down to this level? Is it going to fall to £5.00 or shoot up to £7.00

[cockneyrebel] 10/9/2014 07:19

*TRADERS: LIBERUM INITIATES BODYCOTE WITH 'BUY' - TARGET 830 PENCE

[cockneyrebel] 26/8/2014 10:25

BERENBERG RAISES BODYCOTE PRICE TARGET TO 795 (776) PENCE - 'BUY'

[wad collector] 06/8/2014 21:24

Haven't been here for a while ; got out last yr too early .
Looking briefly at the last results it looks like the low yield is well underpinned , looks like recent weakness is an opportunity to buy back in. Doesn't look a bargain though ; 650 looks a reasonable re-entry point to me .