Chamberlin Share Discussion Threads

[my retirement fund] 11/11/2015 16:51

Well I guess the next set of excuses will be along the lines of prolonged serling strength and Uro weakness coupled with the VW scandal and perhaps some other stuff thrown in toboot (probably to do with oil price and layoffs in the producer arena)

[my retirement fund] 29/7/2015 12:04

With the ever increasing strength of sterling this is really going to have to sweat it to make any progress from here that's for sure.

Short to medium term it does not look like sterling is going to get any respite either with Carney forever talking up the pound and Europe fighting inflation and prolonged Euro weakness.

[redartbmud] 17/7/2015 21:42

top


Most of the IMS that I have read in recent months have said exactly the same.

red

[topvest] 17/7/2015 21:28

Always wary of a weak H1 and the promise of a strong H2 to meet current market expectations. Profit warning in H2 a moderate possibility?

[redartbmud] 17/7/2015 07:49

CHAMBERLIN plc

("Chamberlin" or "the Group")



AGM Statement



Chamberlin, the specialist foundry and engineering group, will be holding its Annual General Meeting today at which Chairman, Keith Butler-Wheelhouse, will provide the following update on current trading:



"The first three months of the new financial year reflect the overall subdued performance anticipated at the time of the publication of the Group's final results on 19 May. This includes the impact of the current weak euro. Nonetheless, the Group continues to drive continuous improvement and lean manufacturing, and volumes are expected to improve in the second half of the financial year to March 2016. As a consequence while the Board anticipates a soft first half, it expects the Group to deliver financial results for the full year in line with current market expectations."



Le Grand Fromage est abbattue.

[my retirement fund] 19/5/2015 16:06

Indeed, one thing noted. There was no real reference to reduction in input costs in the statement, having got his feet firmly under the table its mostly about sterling. However the reality of the matter is that this will have a major positive effect on the bottom line come 2016 results.

Whilst I have sympathy with them having had to live through 2 years of the BOE constantly talking sterling up threatening to raise interest rates almost daily. I wonder if the new style is of over delivering but under promising. That would of course be a welcome departure from the old guard.

I see its very hard to buy any here today, wonder if there is a larger buyer lurking?

[spooky] 19/5/2015 15:50

IF they make those numbers then they are definitely going to go up.

[my retirement fund] 19/5/2015 15:33

Thanks hasting interesting article. So going by that forecast underlying EPS growth from 7.2 to 11p is 50%

PEG here is way below 1, the share price is going to have to rise somewhat.

[hastings] 19/5/2015 13:00

May be of interest to others taking a look.

[spooky] 19/5/2015 09:06

Debt/pension fund deficit balanced by assets, but it looks as though trading is going to be difficult for the foreseeable future because of competition from Euro based companies. Without a dividend it's difficult to see how the shares are going to perform unless you believe in meaningful sterling weakness or a bid from out of the blue.

[redartbmud] 19/5/2015 08:39

ça alors!

[my retirement fund] 19/5/2015 08:38

Given the fall into the leadup it could be a lot worse but it wasn't and seems on the whole in line.Ok there's not a magical pot of gold in the pipe line but to be fare it looks reasonable value.

[foxman14] 19/5/2015 08:25

Looks likes full recovery is further away than I envisaged so out for now.

[redartbmud] 17/4/2015 19:18

Le Grand Fromage est perplexe.

[foxman14] 17/4/2015 13:11

Env, hope that 18k buy has cheered you up!

[envirovision] 16/4/2015 15:03

Well this constant selling is beginning to look like connected parties (eg. employees) selling knowing there is some bad news afoot.

[envirovision] 02/4/2015 16:03

Could not help myself. Bought the dip, looking forward to Finals in May.

[spooky] 19/2/2015 14:54

Can't see why they would do one now, but nothing is impossible.

[zoolook] 19/2/2015 14:44

Im not clear on AIM rules but as I understand it they are only required to issue a trading update if there is a material change that will affect forecasts.

What makes you think one is due?

[envirovision] 19/2/2015 14:23

Trading update ?

[hastings] 16/2/2015 19:41

A few thoughts that may be of interest.

[zoolook] 15/1/2015 23:24

Plus ça change