Chemring Share Price (CHG)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Chemring Group	LSE:CHG	London	Ordinary Share	GB00B45C9X44	ORD 1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-3.00p	-1.57%	188.50p	188.50p	189.25p	193.00p	187.00p	190.00p	931,266	16:35:19

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Aerospace & Defence	477.1	8.0	4.2	44.9	526.37

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Chemring (CHG) Latest News (3)

Chemring News

Date	Time	Source	Headline
23/6/2017	13:03	ALNC	DIRECTOR DEALINGS: Wife Of Chemring CEO Buys Shares
23/6/2017	10:25	UKREG	Chemring Group PLC Director/PDMR Shareholding
23/6/2017	07:59	ALNCF	Alliance News Flash Headline
22/6/2017	09:06	ALNC	Chemring Brings Back Interim Dividend On Narrowed Loss, Higher Revenue
22/6/2017	07:00	UKREG	Chemring Group PLC Half-year Report
20/6/2017	14:10	UKREG	Chemring Group PLC Block listing Interim Review
20/6/2017	09:15	UKREG	Chemring Group PLC Block listing Interim Review
01/6/2017	10:55	UKREG	Chemring Group PLC Total Voting Rights
31/5/2017	15:13	UKREG	Chemring Group PLC Holding(s) in Company
02/5/2017	14:38	UKREG	Chemring Group PLC Total Voting Rights

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Chemring (CHG) Share Charts

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1 Month Chemring Chart

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Chemring (CHG) Discussions and Chat

Chemring Forums and Chat

Date	Time	Title	Posts
22/6/2017	11:38	Chemring - A defensive play	68
21/3/2016	17:03	Chemring with Charts & News	1,240
20/3/2015	18:59	Chemering - A defensive play	4
20/3/2015	18:37	anoj Ladwa of TJM Partners offers Fundamental & Technical Analysis on CHG	1
27/6/2014	11:41	Alan Green , CEO TradersOwn PLC , says to BUY in Chemring Group PLC (CHG.L)	1

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Chemring (CHG) Top Chat Posts

Date	Subject
24/6/2017 09:20	Chemring Daily Update: Chemring Group is listed in the Aerospace & Defence sector of the London Stock Exchange with ticker CHG. The last closing price for Chemring was 191.50p. Chemring Group has a 4 week average price of 175p and a 12 week average price of 175p. The 1 year high share price is 208p while the 1 year low share price is currently 106.75p. There are currently 279,242,026 shares in issue and the average daily traded volume is 130,831 shares. The market capitalisation of Chemring Group is £526,371,219.01. Read Full Thread Reply
12/8/2014 14:22	betman: No rumours I know of but the facts are : this is down to 2006 levels and I think could have reached a bottom before recovering slowly. I think with Russia, Ukraine, Iraq, Syria, Gaza amongst others , more defence cuts may be premature. Troop withdrawals from Iraq and Afghanistan led to real falls in defence expenditure and explain share price drop. Read Full Thread Follow Reply
29/6/2014 19:31	bogotatrader: Any buyer (US?) would wait for a potential further profit warning in the next couple of months and then might consider if the share price was between 100p - 150p...all imho... Read Full Thread Follow Reply
21/10/2013 11:56	philanderer: Citigroup this morning on the sector... "... We expect defence budgets in the US and Europe to stay roughly flat over the coming years. The recent US debt ceiling deal has removed some immediate risks overhanging US defence, although these are likely to re- appear early next year. Given tough budgetary conditions in the US and Europe, large export contracts are likely to become important catalysts for Defence share price performance, in our view." HTTP://www.theguardian.com/business/2013/oct/21/bae-systems-rolls-royce-civil-defence-aerospace Read Full Thread Follow Reply
14/10/2013 16:54	philanderer: Fair points kiwi... I`m looking for a reason to buy :-) 4 million traded today, another 4% down and Invesco sold 500k friday , still holding around 25% though. Interesting thoughts here from Financial Orbit: "...Looking at a few numbers, the above guidance would imply the company would be likely to be generating about £60m+ in operating profit. This gives the company an EV of £700m (£425m market cap + £275m in debt), so around x11-12 EV/ebit. This is not classically cheap but clearly the company is likely to be at a low point of its business cycle and historically has generated much higher profits. "I note also that the company's net debt:ebitda ratio is x2.8 or near an important x3 covenant which leads to higher interest rate costs. This seems a bit high to me and - given the above - this is the key ratio I will be focusing on in their formal full year numbers in November. "Net net, I like the share price chart, I note some useful positions in defence markets and a £700m order book (equal to the EV of the company). However I want to see a few more numbers, particularly on the debt progression side. "Previous share price troughs tell investors that they have time to work with this one. It is firmly on my watch list, but not my buy list, today consequently." HTTP://financialorbit.blogspot.co.uk/2013/10/chemring-embrace-weakness.html Read Full Thread Follow Reply
14/10/2013 16:48	kiwihope: phil... There is more than one thing at work here. Obviously the profit-warning, which is made worse by management saying that 2014 result will probably be worse than 2013. That's a fairly long-term warning. Secondly the US debt ceiling and shutdown mess. With lots of US earnings, CHG would always be hit by this. Thirdly the cuts to US defence spending; again CHG is being hit hard by this. And finally the self-inflicted wounds due to too much fat and loss of focus built up in the mid to late 2000s. Life was too easy then and they're now paying for it. Don't focus too much on the share price. That's not a reason to sell. Read Full Thread Follow Reply
30/12/2012 09:16	bigbigdave: One of the Sunday Times' pick for 2013 The group, which makes battlefield flares and missile decoys, has had a very tough 2012. A shock profit warning was enough to force Carlyle, the American buyout group, to rethink its takeover attempt and head for the hills. Defence cuts at home and in America, coupled with operational weakness, left Chemring's shares down 38% in 2012. The stock, at 227.5p, is trading at about half the 52-week high. The good news is that Chemring has brought in a new chief executive to turn round the business. Mark Papworth, who joined from John Wood Group, will outline his strategy when he reveals full-year results on January 24. Chemring's markets are likely to remain challenging but much of the bad news has already been priced in, so Papworth might not have to produce a miracle to make a difference to the share price. The company has good technology and is a big player operating in a niche area of the military equipment market, which some City bankers believe is ripe for consolidation. It also has a large shareholder - Invesco, with a stake of almost 30% - that is a willing seller. Carlyle, or some other predator, may fancy another crack at Chemring. Read Full Thread Follow Reply
27/11/2012 12:20	simon gordon: Liberium: Following the profit warning on 1st Nov, the company has announced an 'in line' year end statement. However, having spoken to the company, it appears consensus will settle around 29p from a range of 31p- 34p from those who published post the last warning. The order book is down 13% to £760m. Our FY'13 eps estimate will decline by c 25% to 27p. FY net debt is £250m (10% worse than we estimated). Next year requires a focus on strengthening the balance sheet. Admission of weak operational performance and poor expectation management is the first step to recovery. The Chairman and new CEO recently bought 50,000 shares each. The investment case now hinges on what can be done by the new CEO to limit the effects of cyclical decline and improve cash generation. Valuation looks attractive but we can't rule out further downgrades. Bull scenario The new CEO deploys his experience to turn the business around with a focus on cash generation. The Chairman did so with Anglian Water. A trade buyer may emerge once there is certainty on US defence budget cuts in Q1.  Bear scenario New management may find more skeletons. US sequestration (or resulting required defence cuts), combined with ongoing withdrawal from Afghanistan, will further impact this short cycle business.  Valuation reflects ongoing uncertainty The investment case now hinges on what can be done by the new CEO to limit the effects of cyclical decline and improve cash generation. The shares now trade on a CY13 P/E of 8x but cannot rule out the possibility of further downgrades. We remain at Hold while we await details of the improvement strategy. ==== 27p next year makes it look like there ain't much more juice in the share price until late January, with a high risk of rubbish to emerge from the half a billion of companies acquired. I've taken my profits. Good fortune. Read Full Thread Follow Reply
14/11/2012 14:02	simon gordon: ards, You have a point, CHG spent a lot of money on acquisitions and maybe some of them will turn out to be rubbish, they could have been hidden up to now. When a share price crumbles like this you never know what can come out of the woodwork. That's why it's best to be very cynical. "You only find out who is swimming naked when the tide goes out" Warren Buffett Read Full Thread Follow Reply
02/11/2012 09:32	jodi17qad: Thanks Varies. I hold quite a few purchased before the T/O talks were announced and increased susequently. In the mid term, I would expect these shares to recover, particularly with the arrival of the new CEO. It looks to me as though the Board are not expecting the T/O to go ahead but were conscious of their shortcomings. Hopefully, after an initial blip if the T/O does not go ahead, the share price will recover since the world does not seem to be becoming a safer place. DYOR Read Full Thread Follow Reply
20/8/2012 14:22	aleks_atanasov: "The Fact that Chemring issued the statement about Carlyle after a jump in its share price last week suggests "a reasonable chance that the bid does not materialize," according to UBS. " hahaha! man what an idiot no wonder he doesnt trade for his own account, whether a company issues RNS because of a press report, a share price rise or because more people will get involved in the negotiations doesnt predict or even suggest an outcome! If this guy worked for me i will tell him to pack his porn DVDs and go Read Full Thread Follow Reply

Chemring share price data is direct from the London Stock Exchange

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