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COB Cobham Plc

164.50
0.00 (0.00%)
08 May 2024 - Closed
Delayed by 15 minutes
Cobham Investors - COB

Cobham Investors - COB

Share Name Share Symbol Market Stock Type
Cobham Plc COB London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 164.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
164.50 164.50
more quote information »

Top Investor Posts

Top Posts
Posted at 26/7/2019 17:38 by steeplejack
I see Cobham,like Inmarsat,has now joined the ranks of those companies keen to go private.What irks me is that such a move eliminates the possibility of existing shareholders enjoying any potential recovery in fortunes.Meanwhile,the management (at least in part) responsible for failing to successfully handle the storm continue their existence under the not so public eyes of private capital.This is despite calling on shareholders to provide emergency backing at times of crisis.It’s the self same management that have overtly let shareholders down that then negotiate the terms to exit their stock exchange listing.I’m sure they look after themselves when deciding whether to provide their recommendation to accept the private capital offer.Private capital can be tough task masters of course.Perhaps the Cobham move will be scuppered by justifiable concern.Too late now to stop the loss of Inmarsat to private capital.Inmarsat,a company who had a nasty habit of falling out with its institutional investors because of its over generous remuneration packages.
Posted at 13/3/2018 13:11 by philanderer
Questor: keep buying Cobham – time is back on the side of its management and investors
Posted at 02/6/2016 18:23 by lord gnome
AdamB1978 - Greetings - I would certainly expect / hope that the rebased dividend is secure and on that basis the shares look to be a reasonable buy for dividend in anticipation of longer term share price recovery.
As regards the short term share price, unless the market now sees the refinanced Cobham as a screaming buy, which I doubt, the share price will suffer some short to medium term volatility whist the rights issue is absorbed.
Previous experience with other companies has seen shares sold down to much closer to the rights issue price. If an institution is going to get 1000 shares in the rights issue that it doesn't really want and can't afford, why not sell their shares for 138p ex-rights and buy them back in the rights issue at 89p?
If this doesn't happen, I will take it as a sign of institutional investor confidence in Cobham.
Just my take on things.
Posted at 05/10/2015 11:40 by salpara111
Well, it would seem that the recent investor presentation has done the trick in terms of generating some interest here.
If a T/O materialises that would be great but even without it I don't see why it cant climb back to the 340 recent high.
Posted at 29/4/2015 08:10 by johnwise
BlackRock Inc has some 120+ investment teams in 30 countries, the biggest investor in the world, As of June 30, 2014, BlackRock's assets under management total US$4.594 trillion (almost as much as all private-equity and hedge funds put together) and another $11 trillion it oversees through its trading platform.. ...

BlackRock Buy 55,914,503 Cobham Shares
Posted at 06/4/2012 16:29 by scobiebreasley
Cobham Now Owns 25% of Danish SATCOM Firm




RNS Number : 9623A

Cobham plc

05 April 2012

For Immediate Release

5 April 2012

Cobham announces acquisition of shares in Thrane & Thrane

Cobham ("Cobham" or the "Group") announced on 12 March 2012 that it had withdrawn its proposal to the Board of Thrane & Thrane A/S ("Thrane & Thrane") regarding a possible recommended offer for Thrane & Thrane at a price of DKK420 per share in cash, as the Board of Thrane & Thrane felt unable to recommend its proposal. Cobham reserved the right to reconsider its position at any time.

In that announcement Cobham commented that its strategy is to build market leadership positions in its strategic business units, by investing in technology. SATCOM is one such technology and Thrane & Thrane remains an attractive potential partner. Cobham has therefore continued to follow events at Thrane & Thrane with interest.

Following the resignation with immediate effect of the Chairman of Thrane & Thrane on 26 March 2012, a number of institutional investors have expressed an interest in selling their shareholdings in Thrane & Thrane.

This has resulted in the purchase today by Cobham from Jupiter Asset Management Limited and other institutional shareholders of 1,292,110 shares at a price of DKK420 per share in cash, representing approximately 22.74 percent of the issued share capital of Thrane & Thrane.

Cobham has notified the Board of Thrane & Thrane that, taken together with market purchases, it now owns 1,453,795 shares, representing approximately 25.6 percent of the issued share capital of Thrane & Thrane.

Cobham is continuing to consider all options available to it in relation to Thrane & Thrane.
Posted at 01/12/2010 10:01 by fl4nders
Did anyone attend the Investor Presentation?
Posted at 03/11/2010 14:05 by johnsoho
Having read the interim management statement it actually doesn't look that bad, certainly not, in my view, enough to have caused today's fall!!! anyway here is a cut and paste of it

INTERIM MANAGEMENT STATEMENT

Current Trading and Outlook

For the first nine months of 2010, the book-to-bill ratio of the Group's
Technology Divisions - Avionics and Surveillance, Defence Systems and Mission
Systems - has improved in comparison to the equivalent period in 2009, remaining
at a similar level to the first half of 2010.

The Group's commercial markets remain stable, but fragile. However, the Group
continues to experience delays and deferrals in the award of certain US defence
and security contracts. Taken together, organic revenue in the Technology
Divisions was slightly down on the first nine months of 2009, and it is now
unlikely that a significant increase in organic revenue growth for the full year
will be achieved. The Aviation Services Division has continued to deliver good
organic growth.

Given the uncertainty over growth in the fourth quarter, the Board recognises
that the Group could make only limited underlying progress in the full year,
benefiting from cost efficiencies already made under the first phase of the
Excellence in Delivery programme.

The recently announced UK National Security Strategy and Strategic Defence and
Security Review and emphasis on countering terrorism and the critical need for
technology provides additional support to Cobham's strategy. The Group's focus
on developing and maintaining leading positions in critical, high technology
defence and security, and commercial markets, together with the delivery of the
Excellence in Delivery programme and the Group's other strategic objectives,
reinforces the Board's confidence of continuing progress over the medium term.

Operational Update

The Excellence in Delivery programme remains on track and, as previously
announced, very significant cost savings are expected over the next 3 years,
with the anticipated efficiencies of GBP10m accruing in 2010. A detailed
presentation on the programme will be made at an investor day on 30 November
2010.

Cobham has announced a number of material events and transactions since the end
of the first half of 2010, including:

� A US$26m order in July received by the Defence Systems Division for ROVIS
(AN/VIC-3) digital vehicular intercom systems for the US Army, with all
deliveries to be made by the end of 2010;

� Indefinite Delivery/Indefinite Quantity contracts for the Defence Systems
Division with the US Missile Defence Agency announced in July and October for
infrastructure and deployment, and engineering and test, with release of the
first task orders expected before the end of 2010. These contracts, which are
worth up to US$565m and US$1,619m respectively over 5 years, provide a
substantial position from which to expand the existing long-term relationship
with this customer;

� A US$18m first year award of a 5-year long term agreement received by the
Mission Systems Division in August from the US Air Force to provide
crew-breathing regulator overhaul kits;

� A product damages award against the Group, announced in September, of EUR37m
before tax, resulting in an October payment of GBP32m. A partial insurance
recovery of GBP4m was also received in October;

� The divestment of Cobham Maintenance and Overhaul (MRO) in France, part of
the Avionics and Surveillance Division, in September for a cash consideration of
EUR8m. This transaction is consistent with the strategy of actively managing the
portfolio of businesses to focus on scale positions and of reducing the number
of small operating sites;

� In September, the Group announced the closure of the Avionics and
Surveillance Division SATCOM facility in Michigan, USA with integration into an
existing facility in Florida, USA.

Cobham has also recently reached agreement to sell part of the Mission Systems
Division site in Wimborne, UK for GBP9m, ahead of the move into a more compact,
purpose built facility that is nearing completion on the site. Completion of
the sale is expected in December.

Financial Position

Net debt had decreased to GBP319m at the end of September (30 June: GBP373m) as
a result of strong operating cash conversion in the period and favourable
exchange movements, as most of Cobham's debt is US dollar denominated as a
natural hedge against assets and earnings denominated in dollars.

Cobham's preliminary results for the year ended 31 December 2010 will be
announced on 3 March 2011.
Posted at 26/7/2004 17:32 by ilostamillion
A punt for long term investors, not a ramp TRL Electronics will not be known to many investors of BA, But they are in direct competition
This company was floated on the AIM on the 21st of July, 40% of the shares where issued to the market, the placement offer was 2.5 times oversubscribed on flotation, and well received by invetors.
Revenues and profits are expected to increase by 30% year on year, Ultra attempted to purchase the company 6 months ago for an undisclosed amount in millions, a unique opportunity for a long term investment.
How long it stays independant before the large companies BA,ULTRA,and COBHAM come in one will never know.
Link from investors chronicle

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