Cookson Share Discussion Threads

[steeplejack] 01/3/2011 12:39

I think bobsidian's £9 target is very feasible.

[robertfaulkner] 01/3/2011 09:09

11.5p dividend, well done long term holders

[robertfaulkner] 01/3/2011 09:04

My 713p IG Cksn Short would have opened Post 1330 above, (If I had had the bottle to have set it)

Now I can watch and see if I would have won or lost

[limit up] 01/3/2011 08:57

there will be upgrades on figs today,as well as back on the dvd list,very good news..
regds

[bobsidian] 01/3/2011 08:54

Excellent set of results.

The share price is really set to go anywhere.

£9 per share would not be unreasonable.

No doubt we will see just how much of a problem resistance at the £7 level may be.

[rwlly] 01/3/2011 07:51

Good set of results, should see some action today.

[nellie1973] 16/2/2011 13:37

Broker upgrade

[rwlly] 16/2/2011 08:34

I think it can has consolidated recently.

[robertfaulkner] 16/2/2011 08:25

I'm tempted to do a IG Sell(short) at 713p, but as usual as it gets near I lose my bottle.

It can't keep going on up without a retrace (can it)?

[rwlly] 16/2/2011 08:17

Should leave 700 behind today surely.

[cockneyrebel] 16/2/2011 07:55

*DJ Cookson Group Started At Overweight By Barclays Capital

[cockneyrebel] 10/2/2011 12:44

234 GMT (Dow Jones) Fairfax IS initiates coverage on Cookson Group (CKSN.LN) at buy with 820p price target. Cookson ceramic products for the steel and foundry industries and electronics products for the PCB industry are currently selling strongly as the global economy recovers, notes Faifax. Growth is expected to continue in the medium term despite expected weakness in some parts of the European economy. This comes down to the group's exposure to emerging markets and late-cycle foundry markets which should all show positive growth. Shares are down 1.7% at 665.5p

[cockneyrebel] 08/2/2011 10:23

testing the breakout level here - should be a screamer when £7 goes imo.

CR

[cockneyrebel] 07/2/2011 13:19

Buy here I'd have thought, imo:



CR

[rwlly] 03/2/2011 07:28

Thanks for the infomation everybody.

[napoleon 14th] 02/2/2011 20:39

Agreed CR - market has a dose of world turmoil.

This, on rising support line, looks good value atm IMHO, but volatile.

[rwlly] 02/2/2011 16:42

Why the large fall today? does not make any sense to me.

[nellie1973] 28/1/2011 08:03

The Times

Cookson Group, who makes ceramic and other equipment for steel plants, is expecting last year's revenues to come in at £2.5 billion and trading profits of £250million, ahead of city predictions. Cookson has pledged to raise earnings over the next three years by double-digit rates, hoping for a 16% growth this year. The risks include a business which is dependant on a highly cyclical industry and a misfortunate recession-cusp buy leaving debts of more than £400 million. However it still feels like these shares are set to rise. Buy.

[nellie1973] 27/1/2011 14:37

Broker upgrade today from sell to hold

[dizzylizzy2] 27/1/2011 11:48

There's a good article in this am FT on Cookson and Renishaw so will give the share some exposure. Mr Salmond want to change the co image from one that is highly correlated to the steel industry to one of a more general industrial champion.
The GS target is still 60% upside so not too bad; plus the divi.

[doubleorquits] 27/1/2011 09:52

Agreed on that - but I would be happy with even 5p less at 1113p :0)

[bigbigdave] 27/1/2011 09:38

DoQ, pointless yes, but considerable upside from current levels......

[doubleorquits] 27/1/2011 09:35

Goldman Sachs raises Cookson Group (CKSN.LN) price target to 1118p from 1113p following the company's 4Q trading statement. It updates forecasts to reflect higher capital expenditure and working capital guidance and new foreign exchange rates. Given management's guidance on sales growth and margins, GS thinks consensus estimates remain too low and will be revised upwards. It raises '11 EPS forecast by 1.2% to 76.6p and '12 up by 2.8% to 90.2p. Buy

My EPS forecast more conservative than GS as was my price target. :0) (although a 5p increase from GS does seem silly, nay pointless).