Chemring Share Discussion Threads

[mj19] 12/10/2018 11:16

Chemring Group plc 9.8% Potential Decrease Indicated by Barclays CapitalPosted by: Charlotte Edwards 12th October 2018Chemring Group plc using EPIC/TICKER code (LON:CHG) has had its stock rating noted as 'Downgrades' with the recommendation being set at 'UNDERWEIGHT' this morning by analysts at Barclays Capital. Chemring Group plc are listed in the Industrials sector within UK Main Market. Barclays Capital have set their target price at 185 GBX on its stock. This now indicates the analyst believes there is a potential downside of -9.8% from the opening price of 205 GBX. Over the last 30 and 90 trading days the company share price has decreased 8 points and decreased 27 points respectively. The 52 week high share price is 239.5 GBX while the year low share price is currently 163 GBX.

[newbold120] 11/10/2018 08:02

Esterline gone - looks like just shy of 2x ev/sales

[warranty] 13/8/2018 08:51

This could be even more serious than thought if the closure and damage caused is more serious than anticipated. Countermeasures is the key are for CHG and a long delay in reopening could be critical. Certainly today's statement doesn't fill you with great confidence and I would say the share price may have considerably further to fall yet over ominous months. Hopefully it won't be as bad as that and it can be cleared up quickly.

[warranty] 11/8/2018 09:32

What effect will the accident this morning have on CHG. Dead workers always lead to thorough investigation of H&S conditions and could have a negative effect. Will be interesting to see what happens on Monday morning.

[royaloak] 18/1/2018 09:50

Good Morning

CHG fallen back at the moment, very easy to buy stock.

[deadly] 22/6/2017 11:38

Decent results again, still recovering well it seems.

[jitters3] 20/3/2017 14:42

The likes of CHG and BA. will be winners from a weaker pound which is forecast now A50 will be triggered soon IMO

[jitters3] 16/3/2017 21:07

Is the update tomorrow

[jitters3] 15/3/2017 16:55

100k buy again

[jitters3] 06/3/2017 13:43

Late trades again

[jitters3] 02/3/2017 11:57

My buy showing as a sell

[davr0s] 02/3/2017 10:42

There was a seller at 196 providing consolidation support that was clearly weakening yesterday together with repeated buys at 196. As soon as this cleared it was game on. Nice move as a result

[jitters3] 02/3/2017 10:39

Added again today there's some chunky trades going through

[che7win] 02/3/2017 10:18

Lovely breakout today - this is a firm recovery share with Trump military spend noises helping.

[davr0s] 01/3/2017 15:51

I've added today as looks like another leg up likely to occur imo

[jitters3] 23/2/2017 12:20

First purchase looks a good turnaround play

[che7win] 20/1/2017 13:50

deadly,
I'm very pleased with the results, its well on the way to recovery now.

[deadly] 20/1/2017 13:40

No comments on excellent results?

· Operational and financial performance improved in H2 with strong 40mm volumes and favourable currency impact

· Cash generation improved with cash flows from operating activities of £76.4 million (2015: £35.4 million), giving cash conversion* of underlying operating profit of 123% (2015: 53%)

· Net debt reduced to £87.6 million; net debt to EBITDA at 1.15x

[staverly] 18/1/2017 02:24

Guernseymoney: I think you're on the money. He is a top FD, and CHG is ripe for a turnaround. Land and buildings have a carrying value of around £100m with a piddling revaluation reserve. I doubt share price will (like Avon) thirty five bag given high EV water mark historically was around £1.4b, so one might reasonably expect market value to double/triple over the next 3-5 years. No brainer.

[guernseymoney] 15/12/2016 09:13

New Finance guy Andrew Lewis is very well regarded and is supposedly the driving force behind Avon Rubber being a ten bagger (and more).

Have just added - I see CHG either making acquisitions or being acquired. Both of which will drive the share price in my time horizon (5 years).

[che7win] 09/11/2016 09:17

Donald Trump = more defensive spending.Should help here.

[che7win] 03/11/2016 11:30

Breakout here?

[stevenlondon3] 31/8/2016 08:28

It seems along time since the company produce a "remain unchanged" statement. Hopefully the period of unpleasant surprise is over.