Convatec Share Discussion Threads

[opodio] 15/2/2017 10:26

I can see a profit warning on this one the way the VC have dumped it

[opodio] 15/2/2017 10:25

I can see a profit warning on this one

[philanderer] 10/2/2017 16:29

Sold out for a small profit today. Cash needed elsewhere.

Luck to holders

[philanderer] 07/2/2017 09:47

Gateside , there you go . Results confirmed for 2nd march :-)

[philanderer] 05/2/2017 10:21

Morning Gateside, early march apparently..


Last week, HSBC issued research and a 310 price target, healthily above where the stock is trading at 238p. Annual results will be released in early March and investors should watch for a private equity overhang, with Nordic and Avista both holding stakes.

A dividend ratio of between 35 and 45 per cent of adjusted net income is being targeted over time and debt is being paid down. ‘Trading at 16 times this year’s forecast earnings, it is a good long-term play’, says Questor


Read more:

[gateside] 05/2/2017 00:12

When can we expect a trading update?Can't find any Financial Calendar on their website.

[mbmiah] 03/2/2017 15:03

Nearly took the 250 out.

[philanderer] 30/1/2017 13:47

This looks promising

[pauliewonder] 27/1/2017 10:39

On the up. Finally above break even...

[philanderer] 27/1/2017 10:34

Looking good today.

[anley] 27/1/2017 10:29

Or at the opening today (245p).............

[anley] 26/1/2017 17:06

I talked to my pal and told him about this wonderful new design and he is going to discuss it with his next door friend (the local Doctor)........we will see what transpires.

The market likes it otherwise the price would not be as firm as it is at the close.

[philanderer] 26/1/2017 10:13

Well better than clocking up travel miles I suppose.

At last some proper newsflow today...


'ConvaTec : Launches New Ostomy System Esteem+ Flex Convex'

[anley] 25/1/2017 15:58

Is this good or poor news Philanderer as these guys need to talk "science".

[philanderer] 25/1/2017 14:18

That's some record :-)

'ConvaTec sets World Record'

Congrats to the ConvaTec organization and it's leadership for setting a new world record. ConvaTec's leadership team, senior managers, field managers, marketing, corporate accounts, channel managers, etc., conducted more than 1,144 conference calls in 2016!!!

With an average time span of 75 minutes on each call, that's 85,800 minutes or a total of 1,430 hours, nearly 60 working days spent on CC's CVT broke it's own previous record of 1,289 conference calls set in 2014. Those calls were much longer because the former US Prez could not speak properly.

With calls generally being scheduled in the middle of work days, and in many cases requiring Webinars, so use of laptops came into play, that means CVT may also hold another industry distinction, as being the most unproductive Medtech company in the industry.

Congrats ConvaTec, you continue to set the bar very high. Now let's have a conference call to discuss.

[anley] 23/1/2017 10:05

What I like about the article is the way DEBT is being paid down quickly. Add this to increased margins and higher sales then more than 300p+ will be seen sooner rather than later.

At some stage the 2 big holders will wont out because they need to reinvest in to other projects.......they have done their bit....and not that well.

[philanderer] 22/1/2017 14:52

Tipped as a 'buy' in The Telegraph's Questor column...


Questor: Medical gear specialist offers a healthy dividend

Telegraph
James Ashton

Telegraph21 January 2017

ConvaTec 238p

Questor says: Buy

[philanderer] 19/1/2017 20:13

Highest target price yet.

"Equities researchers at HSBC began coverage on shares of ConvaTec Group PLC (LON:CTEC) in a research note issued on Thursday. The brokerage set a “buy” rating and a 310p price target on the stock."

[philanderer] 18/1/2017 17:14

Just noticed Goldmans and UBS appointed yesterday , maybe some corporate action in tne near future ?

[anley] 11/1/2017 09:40

What is needed is some news but I can't find out when some is due. In the meantime an orderly market is being developed..........

[philanderer] 06/1/2017 18:11

+11p for the week.... good start to 2017 :-)

[mbmiah] 06/1/2017 09:51

Needs to break 260 level to enter a bull run IMO

[anley] 04/1/2017 11:12

Looks to me to be a neat fit as other products from CTEC could be sold into the distibution network.

[philanderer] 04/1/2017 09:19

Some knew yesterday ;-)


LONDON (Alliance News) - Medical products company ConvaTec Group PLC on Wednesday said it has spent EUR25.0 million on Dutch ostomy products firm EuroTec Beheer BV.