Bodycote Share Discussion Threads

[toffeeman] 26/9/2022 11:57

About 400 give or take the panic on the day

[essentialinvestor] 26/9/2022 11:47

Toffee, interesting - can you confirm the 2020 share price low, thanks.

[toffeeman] 26/9/2022 10:36

Tripple bottom?

I am using BOY as one of my stock indicators to try and understand the recession. I am looking for a drop below the 2020 low as a key point.

[essentialinvestor] 23/9/2022 16:07

Had a small amount, however would expect the next update to be significantly less sanguine.

[essentialinvestor] 11/3/2022 13:11

Had a very small amount,
may add on a bad day

[essentialinvestor] 03/3/2022 17:20

Toffee, MRO heavily lower today will not have helped here.

[toffeeman] 03/3/2022 17:06

I think Poland and Romania are pretty Putin proof

[essentialinvestor] 03/3/2022 17:00

Need to look at where in Eastern Europe they have relocated significant
amounts of manufacturing to.

Don't want to find it's a country next on Putin's wish list.

[toffeeman] 03/3/2022 16:57

Well it's reached my target but I've not bought yet - chart looks like further to fall.

[roguetraderuk] 23/2/2022 20:44

yes i remember that. one of the areas of the restructuring was to pivot towards becoming oem for ev given that there would be some drop off from ice.

[essentialinvestor] 23/2/2022 19:54

They also benefit from automotive transition to EV - that was mentioned on a conference call 2 years ago - so may not be up to date information.

[roguetraderuk] 23/2/2022 19:42

the more the merrier! dont think its that expensive. growth in eps from 21 to 22 is expected to be about 30% taking consensus f/c so it paints the fwd pe of 16.5 which is close to historical avg in a different light since you are getting much more growth than avg. i wouldnt particularly consider the 2020 pe nor 2021 as a major guide given both years were those of upheavel after covid. 22 and 23 promise to be much better. and if they go towards the lower end of their range (sp) i think they are a candidate to go the way of meggit and co.

[essentialinvestor] 23/2/2022 19:01

Oh, you beat me to it rt.

Quality company, near debt free, rate the CEO, not particularly cheap,
but then you are paying for their cash generation and decent history.

Usually gets hammered on risk off sentiment and as a result worth consideration
on a bad day, I flipped a few bought yesterday morning and they are on my buy list
again should the Russian situation worsen and markets react.

Decent longer term hold if that's what you are after - but still a cyclical.
They are geared to the recovery in civil aerospace.

Very heavy energy requirements with this business, but should be able to pass costs on.
Auto/aerospace their main markets, also exposure to general industrial.

[roguetraderuk] 23/2/2022 18:53

youd expect aero auto and defence to have bounced back with a better 12 month outlook too. while higher energy prices are a recent drag no doubt, in the update late last year they said they were passing on those and labour costs too. a solid company that will get to the other side. 676 was the pre-vaccine close. on 16.5 for 22 dropping to 14.5 for 23. looking out aero and auto should really gain legs in second half of this year but they should start seeing benefits already.

[rmillaree] 23/2/2022 18:40

wow 2 posts since 2020 - is this the most under the radar company on the stockmarket?

[toffeeman] 22/2/2022 11:23

I was looking at a target entry price of 700......

[ny boy] 14/3/2021 13:58

Certainly was a bargain last Spring, recovered well will look for a pull back to enter the arena

[essentialinvestor] 23/7/2020 21:41

Safe to say this is a very well run company who's two major markets are incredibly
challenging atm.

Hold a small amount but not particularly minded to add atm.


Any other or different views appreciated?.

[volvo] 23/7/2020 07:56

Ahh the new new...20pc drop in turnover and 45pc drop in profits for the first 6 months....coupled with 'we haven't got a clue' style outlook, going forward....which will hopefully improve...but who knows.

[jimsyone] 28/6/2020 20:36

Bodycote has made itself more resilient and now looks worth a punt

[essentialinvestor] 14/4/2020 18:47

Surprised at the rapid bounce.

[waikenchan] 10/4/2020 00:00

How does anybody view bodycote their revenues going forward? Surely revenues must be falling off a cliff especially what will be expected to happen in the aerospace and automotive industry now.

[cw2000] 12/3/2020 22:21

Results came out today - what a day to release them!
Main clients auto & aero - not a great combo.