Cape PLC Share Discussion Threads

[salpara111] 29/8/2013 08:18

I am currently around b/e, the market clearly has not taken to the results well so I am tempted to sell.
Most metrics improved considerably but the big drop in the forward order book is quite concerning and I guess that is what the market is focusing on.

[skinny] 29/8/2013 07:25

JP Morgan Cazenove Overweight 280.75 280.75 308.00 323.00 Reiterates

[skinny] 29/8/2013 07:05

Highlights
• H1 2013 performance in line with the Board's expectations
• Robust performances from the majority of the Group offset by a continued poor performance in Asia Pacific
• Order intake subdued at £239m (H1 2012: £363m) largely due to weakness in Asia Pacific; key prospects targeted for H2 2013
• Arzew Project substantially complete
• Good progress on driving the Operational Excellence programme
• Performance improvement programme initiated in Australia; Exceptional charge of £15.6m (H1 2012: £nil)
• Interim dividend of 4.5p (H1 2012: 4.5p)
• The Board anticipates the full year performance will be broadly in line with expectations

[skinny] 23/8/2013 09:20

Investec Buy 273.75 273.50 375.00 375.00 Reiterates

[wylecoyote] 20/8/2013 16:42

Well I am in, first traget is 320.0p

[skinny] 20/8/2013 16:37

Another excellent close.

[skinny] 19/8/2013 16:15

Excellent bullish engulfing candle atm.

[salpara111] 19/8/2013 08:56

Interesting that Kentz gets a hostile takeover bid this morning and Prudential lift their stake in CIU

[border3] 09/7/2013 19:32

Uk turnover will now be seriously affected by the loss of the Magnox contract to C&D group.

[vladiator] 03/7/2013 14:27

Interesting acquisition by Wood Group of Pyeroy must put at risk Cape's offshore business in UKCS unless they sharpen their pencils?

[skinny] 03/7/2013 07:27

JP Morgan Cazenove Overweight 248.00 248.00 308.00 308.00 Reiterates

[salpara111] 21/6/2013 13:13

pretty pitiful performance over the last few months.
I guess I will hold until the next update, the market seems to be pricing in another profit warning so I guess as long as they are stable at that point the share price should be able to re rate.

[mega_trader] 12/6/2013 09:25

Looks overold imo, support at 230p, and a return to 290 near term on a trend line. 10p downside/50p upside.

[salpara111] 11/6/2013 16:43

As a holder....ouch!
No real support here it seems.
Guess I will continue to hold for the moment but a little uneasy that it has fallen 25% in less than 2 months especially as the last ims was pretty decent.

[stevemarkus] 06/6/2013 08:49

Tim Eggar takes part of his remuneration as chairman in shares, which is what that purchase is.

Cheers,
Steve.

[kmann] 06/6/2013 08:45

director buy Tim Eggar 3,323 @ 282.13p £9,375.21

[salpara111] 04/6/2013 19:45

Despite being long the trend does appear to be down however I am comforted by the large divi which will provide support.

[wylecoyote] 04/6/2013 13:05

kmann, an obvious bounce on TA, however the short term trend appears to be down.

[kmann] 04/6/2013 10:44

Superb bounce off 250, get a few more of these while ther cheap imo, no news is good news, until the next contract imo.

[molatovkid] 04/6/2013 08:55

Same as you Salpara, in at 270 here and thought I had hit a dip....wrong!!

Can't find any bad news though so could be general market sentiment

[salpara111] 03/6/2013 17:23

given that there has been no "new news" and no profit warnings from any of their peers I can only assume that there is a big seller in the background.
I entered at 272 and as such I am willing to hold for the moment.

[donny13] 03/6/2013 17:02

Anyone know the reason for the drop in share price?

[robbo35] 03/6/2013 16:18

Are you still in here CR?

[salpara111] 03/6/2013 14:59

Clearly called this one wrong but will hold as there does not appear to be any fundamental reason for the drop off.