Chamberlin Share Discussion Threads

[coolen] 23/7/2013 13:35

Good spot, Hastings.

Nice to see well-researched investment articles appear in what I assume is a regional on-line newspaper of sorts.

I've held this stock for 30 years and, to date, it has been a constant 2 steps forward and 2 steps back.

Might the involvement of tough investors Gervais Williams (per the article) and Simon Knott (boss of Rights & Issues Inv Tst) finally change this for the better ?

[hastings] 23/7/2013 12:21

hxxp://www.cambridge-news.co.uk/Business/Private-Punter/Be-sure-you-dont-cut-yourself-there-20130723112008.htm

[phoenix1234] 20/7/2013 11:09

Chamberlin plc - profit warning analysis

[coolen] 19/7/2013 23:58

Per previous post, do not overlook their continuing mishaps with Finance Directors.

Best hope for a takeover is local, either by Castings (cash rich) or by Hill & Smith (who know Chamberlin well).

[the anteater] 19/7/2013 15:47

After profit warning, I believe broker forecasts for PTP have halved to £0.5m for year to 3/14. This equates to a P/E of around 16x - still too expensive imho , considering the company's poor track record.

[redartbmud] 18/7/2013 21:07

Bad day at the office by the looks of things.
Ripe for a takeover??

[salpara111] 18/7/2013 12:32

Just opened a short here.
Looking for 50p in the next few months.

[topvest] 18/7/2013 09:32

All looking a bit grim here at the moment!

[linhur] 18/7/2013 09:20

Might be an interesting meeting. Trouble is that there is no finance director until September with an outgoing CEO who might be more interested whether there is going to be enough in the kitty to meet his final cheque!!

[redartbmud] 16/7/2013 16:21

Anybody going to Tim Hair's farewell party? Oops I mean the AGM.

[redartbmud] 21/5/2013 08:22

Tim Hair going?

This is getting to be a habit.

Come back Adam Vickery - please.

[coolen] 29/4/2013 21:53

Re. "black balled", do not forget this is the 2nd Finance Director they've lost in recent times in similar circumstances.

Re. "cash generative", if orders are falling then the purchase of raw materials goes down and cash balances go up.

[redartbmud] 29/4/2013 10:41

Did they ever say why the FD was black balled?

red

[electronica] 29/4/2013 09:00

coolen

You will have to explain. I don't see the correlation.

[coolen] 28/4/2013 21:36

Might "cash generative" signal lower order books ?

[wjccghcc] 26/4/2013 10:50

Forecasts are for PBT to decline again next year to 1mm which seems about right given they only made 400k PBT in the second half.

[strollingmolby] 26/4/2013 10:48

Maybe today's TS will stop the slide now? PTP of £1.3m (profit = £1m?) on a MCap of £7m gives a low P/E with room to grow if this really is the floor.
The lowest debt position in three years too.

Trading Update

Chamberlin, the specialist foundry and engineering group, provides the following update on trading for the financial year to 31 March 2013.

The Board is pleased to confirm that it expects the Group to deliver pre-tax profits for the full year in line with current market expectations of approximately GBP1.3m following the softer market conditions encountered in the second half. The Group continues to generate positive cash flows and net debt at the year end is expected to close materially lower than the same point last year, at below GBP1.0m.

Full year results are expected to be announced on 21 May 2013.

[bench2] 15/2/2013 10:04

Castings IMS today confirms new orders are scarce .

[coolen] 29/1/2013 21:19

Second such incident in recent years of Chamberlin's unlucky loss of an FD followed shortly by profits warning.

[redartbmud] 28/1/2013 19:39

Brilliant timing of purchase by Diverse Income Trust. don't think I will be investing in them any time soon. Due dilligence???

[redartbmud] 28/1/2013 19:33

Believe that Castings order book has slimmed down as well, but don't quote me on that.

Wonder what Bache was up to then?


red

[bench2] 28/1/2013 11:34

Not an easy ride for the new chairman , will he average down at 128p ? Delayed or deferred order book not good ... do we read across to Castings or are they much more efficient and gaining biz from Chamberlin. Loss of FD also a worry . I will wait a bit . Profit warnings come in 3's so we are due one more .

[rimmy2000] 28/1/2013 09:13

bought some on that fall. will have to monitor and hope that's the bottom.

[electronica] 10/12/2012 15:48

Nice vote of confidence by the Chairman has an immediate impact on the shareprice.

Glad I topped up on the FD "panic".