Chamberlin Share Discussion Threads

[redartbmud] 24/4/2017 09:10

Just plucked it from Hargreaves Lansdown.

[cockerhoop] 24/4/2017 09:07

Not sure where you get a PE of 28 from?

Hardman have Adjusted EPS of 12.8p for the year just ended and 19.41p for the current year.

So PE of 12, falling to less than 8.

[redartbmud] 24/4/2017 08:45

So pleased for the management, but with little prospect of a dividend anytime soon and a PE of 28 aren't we in bubble territory with the share price?

[zoolook] 24/4/2017 08:39

A lot of shares traded by CMH standards. One trade or none is normal. Still undevalued. I hope they stay independent but I imagine they would be a tempting target with the current strategy and the long term contacts especially at this price

[ansc] 21/4/2017 18:25

Worryingly rise based on few shares traded, a total of 12.9k bought against 13.1k sold; MMs rubbing their hands no doubt.

[chrisis33] 21/4/2017 16:49

It was just really cheap before versus forward projected earnings.

[rhomboid] 21/4/2017 15:57

Not quite sure what's lit a fire under CMH today, anyone out there got a clue?

[cockerhoop] 19/4/2017 16:37

'I mentioned the Walsall salad, but I think I got away with it' :-)

[zoolook] 19/4/2017 16:25

My attempt at humour. Won't happen again

[cockerhoop] 19/4/2017 15:45

Missing the 2nd t in Buffett (bloody spellchecker ) didn't help.

[cockerhoop] 19/4/2017 15:44

I was referring to MRF, rather than your smoozing with Kevin :-)

[zoolook] 19/4/2017 12:55

Dudley buffet? It was a Walsall buffet, and very nice too

[cockerhoop] 18/4/2017 14:17

Zoolook,

I miss him..........Good money to be made on the other side of all the 'Dudley Buffets' trades ;-)

[chrisis33] 18/4/2017 12:25

Unsurprised by the further move upwards here following on from the trading update.

[zoolook] 11/4/2017 21:43

And in even better news that wind-up merchant "My Retirement Fund" has headed for pastures new

[bench2] 11/4/2017 21:25

Holy Cow it finally comes right for " Le Grande Fromage " . I think the Brexit devaluation of sterling also a bonus . Well done all the patient value investors .

[hastings] 11/4/2017 21:08

Appear to be similar to the last Panmure note dated November 2016.
That had EPS of 6.9p for 2017- rising to 18.5p in 2018 and 23.1p for 2019, PER circa 7 falling to a forward PER of 5. Any additional wins or sustained currency weakness could provide for an upgrade on the latter I would have thought.
Seems that Panmure's previous target price of £1.66p may be achieved sooner than later.

[zoolook] 11/4/2017 20:13

I might not be reminding everybody if I wasn't already fully loaded ;-).

Are the Hardman figures perfectly aligned with the forecasts you were given hastings?

[cockerhoop] 11/4/2017 17:19

I blame that Zoolook chap..........coming on here reminding everyone what a good recovery story CMH is :-)

[hastings] 11/4/2017 16:55

And a very nice end to the day.

[hastings] 11/4/2017 13:14

The real benefit should be felt next year and beyond as the major order unwinds.The other businesses Exidor and Petrel appear to be going well too, so a nice turnaround.

[cockerhoop] 11/4/2017 11:37

Hardman from 21st March had:

£2.5m EDITDA
£0.86m (underlying PTP)
12.8p (underlying EPS)
-10.0p (statuary EPS)

[zoolook] 11/4/2017 08:36

All looking good. Be good if they restated what current market forecasts are or the range as some (a minority I know) do.

[hastings] 11/4/2017 08:06

Positive enough update this morning with seemingly further opportunities ahead to support the already underpinned next couple of years.

[redartbmud] 30/3/2017 09:47

zoo

Yes, but there has not been a dividend for a while.
Foundries are difficult animals to run. The last few years have been tough.
As you say -"Given they are at only 50% capacity at the foundry"

Back in the day, when I was a young management accountant at a foundry, it was said that a foundry made it's profit on a Friday afternoon.

I believe that the two guys in charge are the best thing that has happened to the business in many a day. I would back them to move the business forward from this point.