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
  +1.00p +0.46% 220.50p 219.50p 220.50p 222.00p 219.50p 222.00p 64,219 08:42:59
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Aerospace & Defence 547.5 3.1 2.4 91.9 618.18

Chemring Share Discussion Threads

Showing 1426 to 1447 of 1600 messages
Chat Pages: 64  63  62  61  60  59  58  57  56  55  54  53  Older
DateSubjectAuthorDiscuss
25/11/2013
15:35
They may have a first class ceo, but he has his hands full with this one.
ianstrain
25/11/2013
09:20
The have a first class ceo.
randolph and mortimer
25/11/2013
08:57
Investec Chemring Group PLC 25/11/2013 Upgrades Hold Buy 2 260.00 260.00 194.40 0 2
broadwood
25/11/2013
08:54
Oh well, my chance to average down has gone for the moment. Still, a largely reassuring update. Debt seems to have improved and sounds like they can do more to help by selling non-core businesses. That was the immediate problem which the market was worried about. We still have poor trading which will take longer to remedy but I like to way things are progressing. I was so tempted to buy more on Friday, but I already have my maximum normal holding and only allow to myself to buy more if they are seriously undervalued with acceptable risk. Although I thought they would be OK on cash and debt the risk was too great to go overweight.
kiwihope
25/11/2013
08:14
The recovery starts here.
broadwood
21/11/2013
10:48
The only reason for a fund-raising would be if covenants looked at risk and couldn't be renegotiated. That's certainly possible but I tend to think the risk of that is next year, when the ratios tighten. Sure they would have to plan early for that. At this price I would like to buy more but, with only two days to wait I'll see what Monday brings.
kiwihope
21/11/2013
08:19
I thought they already gave a guidance of £8M.
wakeland
21/11/2013
08:15
Watching here too - any chartists care to suggest a support? After getting kicked in the balls by Bowlevens results and surprise fund raising, I'll hold off until after, this time.
time_traveller
21/11/2013
06:18
£1.50 - £1.80 if the trading update is poor? Plus fund raising on the horizon possibly...
bulltradept
20/11/2013
14:53
When this does stop falling it will be one hell of a recovery stock imho and a certain takeover target. In the meantime, sincere apologies to those holding but another profit warning next week will take it nearer to my buying territory.
warranty
20/11/2013
09:20
There doesn't seem much support to the share price Falling through the 200p level. I guess there is some nervousness ahead of the trading update on Monday 25th. Also, the sector is not in favour at the moment with the US budgets undecided.
kiwihope
31/10/2013
15:02
Taking a bit of a tonking today in a bad market.
philanderer
29/10/2013
15:21
I had a brief conversation on Sunday, and was informed that the internal rumour at CHG is that the results will be WORSE than implied heretofore. Certain US components of the business have made some rare old boobs. If that is the case, and there is another drop, I will top up. Having said that, who knows what will happen! (Apologies for taking so long to post this).
blanketstacker
29/10/2013
10:22
Added a few more this morning.
philanderer
28/10/2013
18:11
Been watching this company for some time and generally agree with Yorgi. However the momentum is not encouraging, nor the dept which is well above my pre-tax multiplier. Will continue to monitor over the next few weeks.
hugo farrari
25/10/2013
19:25
lol Good luck to you too Blanketstacker.
thelongandtheshortandthetall
25/10/2013
08:52
H1 results confirmed for 25 November. Good luck to one and all (be they long or short or tall).
blanketstacker
23/10/2013
15:26
Pretty much holding a tad under 220p......I would think think we will see the share price back to around 250p fairly soon but getting back above 300p could take a longer and will probably require some good news to achieve that.
yorgi
23/10/2013
09:54
Yes and I expect a slow but steady recovery from here.
yorgi
23/10/2013
09:11
Morning guys. Well it`s a promising start today :-)
philanderer
23/10/2013
08:40
Hi blanket... I fear you are being a little too optimistic. Sales are down (revenue is reduced from last year). The reason some people are talking about a rights issue is to strengthen the balance sheet by reducing debt and giving more headroom to covenants. Unlike you I think covenants are quite tight but unlike some others I think the company can manage working capital, etc to keep these safe, for now. But I do agree the company has a good medium/long term future.
kiwihope
22/10/2013
20:46
Back again! Just a few points. Sales are NOT down, although margins, and therefore profits are. Profits are also being adversely impacted by the exchange rate. A further problem is manufacturing in the US flares section, where local management seem to have a limited level of competence. However measures are already underway to bring down costs (some of said management are getting their cards), and market research and consolidation are new priorities. I am not sure why a rights issue would be necessary, or what it would achieve. Funds are NOT needed in the business beyond what is generated, unless further acquisitions are planned. Covenants are not all that near to being breached, so the banks should be happy enough without dilution. As others here have said though, and I myself fear, shares are too often driven by sentiment and momentum, often with one feeding off the other. I remain confident, but realise that there are potential shorter term problems here. Good luck to us all. (If I was a removal man my nickname would be 'removal man'. I used to be a blanketstacker, so it is 'blanketstsacker').
blanketstacker
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