Croda Share Discussion Threads

[garethcoulson] 12/2/2009 13:05

Lets hope for a blue day at last here, seems to be bucking the trend today.

Positive run up to the results now ??

[fast investor] 11/2/2009 09:44

ABN AMRO, new Broker info yesterday..

Croda International PLC

FORECASTS
2008 2009

Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

ABN AMRO
10-02-09 BUY 97.50 47.16 18.60 99.34 48.21 20.46

Charles Stanley
30-01-09 BUY 97.00 49.00 18.90 112.00 55.00 21.80

W H Ireland Ltd
29-01-09 BUY 98.00 43.60 18.60 111.00 54.50 20.50

Collins Stewart
05-12-08 BUY 49.80 56.30

2008 2009
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 97.50 47.90 18.60 111.45 54.72 20.48
1 Month Change 0.00 0.06 0.00 0.04 0.02 0.00
3 Month Change 1.30 1.67 -0.01 2.05 1.23 -0.19


GROWTH
2007 (A) 2008 (E) 2009 (E)

Norm. EPS 17.23% 46.88% 14.24%
DPS 6.96% 27.40% 10.11%

INVESTMENT RATIOS
2007 (A) 2008 (E) 2009 (E)

EBITDA £116.90m £146.64m £158.35m
EBIT £85.40m £m £m
Dividend Yield 2.83% 3.60% 3.96%
Dividend Cover 2.23x 2.58x 2.67x
PER 15.84x 10.78x 9.44x
PEG 0.92f 0.23f 0.66f
Net Asset Value PS 9.85p 152.49p 179.41p

[fast investor] 11/2/2009 09:28

From todays Daily Telegraph..

City Comment: An opportunity missed to grill bankers in detail about their role in crisis; Landlords fear Stylo deal sets precedent; Not a lot to offer Grainger investors

Feature Column by Sir Nigel Rudd, chairman of BAA: When the new economic dawn comes, we must be the first to see the sun

Questor: Petrofac – Hold; Croda - Buy

[yangou] 09/2/2009 17:06

So where after 650? Or will these be it for a while?

[garethcoulson] 09/2/2009 11:53

It just need to get above this rut it is in and break the 550 mark, then were away !

No reason why the results should be anything but good.

[fast investor] 09/2/2009 11:47

Chart clearly shows an inverse head and shoulder pattertn developed and therefore target share price would be around 100 points at least further north from present share price at 630p.

This more or less agrees with the analysis from J P Morgan..

JP Morgan cuts Croda price target to 650p from 670p

A 650p price target with results coming up 17/2/2009

[garethcoulson] 06/2/2009 15:12

Why the drop ?

[fast investor] 06/2/2009 09:30

Comment

27-01-09 27.01.09 :+6, (492.75) JP Morgan cuts Croda price target to 650p from 670p

A 650p price target with results coming up 17/2/2009

Looks bullish to me.

[fast investor] 06/2/2009 09:16

Recent bullish Broker coverage..

Croda International PLC

FORECASTS
2008 2009

Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Charles Stanley
30-01-09 BUY 97.00 49.00 18.90 112.00 55.00 21.80

W H Ireland Ltd
29-01-09 BUY 98.00 43.60 18.60 111.00 54.50 20.50

ABN AMRO
05-01-09 BUY 97.50 47.16 18.60 99.34 48.21 20.46

Collins Stewart
05-12-08 BUY 49.80 56.30

2008 2009
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 97.50 47.92 18.60 111.44 55.26 20.48
1 Month Change 0.00 0.08 0.00 0.01 0.55 0.00
3 Month Change 1.30 1.69 -0.01 2.05 1.76 -0.19


GROWTH
2007 (A) 2008 (E) 2009 (E)

Norm. EPS 17.23% 46.94% 15.32%
DPS 6.96% 27.40% 10.11%

INVESTMENT RATIOS
2007 (A) 2008 (E) 2009 (E)

EBITDA £116.90m £146.63m £158.35m
EBIT £85.40m £m £m
Dividend Yield 2.74% 3.49% 3.84%
Dividend Cover 2.23x 2.58x 2.70x
PER 16.36x 11.13x 9.65x
PEG 0.95f 0.24f 0.63f
Net Asset Value PS 9.85p 152.49p 179.41p

[jonnyfro] 05/2/2009 20:22

Jonnyfro - 28 Jan'09 - 10:21 - 51 of 62 edit


Gareth - I do the majority of my trading through technical analysis. The top of the two shoulders is at 550 and twice we have climber to that point only to drop further down so this is clearly a resistance point. Whilst technical trading is a good indication of what may happen in this market anything could happen.

IF it breaches 550 then I would expect a slow rise to 630 and the results may be the catalyst for this

[garethcoulson] 05/2/2009 10:32

Crda seems to follow a similar daily pattern down AM then back up PM, hopefully today also !

[kilgallp] 05/2/2009 10:24

GC, I was confident they had further to go, but felt after yesterday's surge they would slip back today. Had expected further slippage, but I'm back in with a tiny bit of profit.

[garethcoulson] 05/2/2009 09:33

Hi kilgallp. Tipped to be £7 by mid 2009. Results due in 2 weeks. This is just the run up to break the £6 mark !

[kilgallp] 05/2/2009 09:01

Hmn, maybe I got it wrong. Sold up yesterday, expecting a retrace today, planning to buy back at a lower price.

[garethcoulson] 04/2/2009 20:53

Great result today. Big test now of the previous hight at £5.5, next stop after that £6+

[garethcoulson] 03/2/2009 14:32

Breakout ?

[garethcoulson] 28/1/2009 11:52

Its having a ood go now Jonny, lets see if it goes up to the 550 mark by the end of the week ?

[garethcoulson] 28/1/2009 10:50

Do that again it broke 500 on your last post !!!

[jonnyfro] 28/1/2009 10:38

Current trading range..

patience in breaking 500

[garethcoulson] 28/1/2009 10:27

Hope your correct, finding it hard to break 500 at the moment.

[jonnyfro] 28/1/2009 10:21

Gareth - I do the majority of my trading through technical analysis. The top of the two shoulders is at 550 and twice we have climber to that point only to drop further down so this is clearly a resistance point. Whilst technical trading is a good indication of what may happen in this market anything could happen.

IF it breaches 550 then I would expect a slow rise to 630 and the results may be the catalyst for this

[garethcoulson] 28/1/2009 09:11

Having looked back at the price performance of the share for the past 3 years on results it has increased significantly each time.

Results out on the 17th Feb and no reason to expect anything different this time.

If it gets above your 550 mark before the 17th and good results come out no reason to not see your exit point around 630 reached ?

Or even higher ??

[jonnyfro] 28/1/2009 08:48

Looking good so far for the inverse head and shoulders.. Next resistance is at 550