Devro Share Discussion Threads

[essentialinvestor] 09/1/2010 18:23

The 2010 EPS is likely to be 12.5 at the very least.
Even allowing for a PER of 15, gives a price target of £1.85 as a very minimum

There are likely further upgrades following the Feb Finals, so a 2010 EPS of
over 13 Pence may be more than possible.

I would prefer a gradual re-rating over the next few months.

The upside is very clear, that is why Directors have been buying in quanity.

[eburne1960] 09/1/2010 18:08

Agreed, and the constant director share buys hopefully bode well for the future.

[essentialinvestor] 09/1/2010 17:22

Apologies, I could only find share price graphs going back 10 years.
That makes the upside even greater than I thought in that case.

A 2010 PER of approx 12 for the Global No1 in its Market, is way too low.

[eburne1960] 09/1/2010 15:43

Quite a few pence away from an all time high Essential, it was well over 400p in the 1990's!

[essentialinvestor] 09/1/2010 14:33

People will still eating sausages long after the World's Oil reserves are long gone - now that is a Long term view.

[essentialinvestor] 09/1/2010 11:14

Next few weeks here are going to be very interesting for Devro.
We have a new 12 month high and I have just discovered that we are pence away
from a new All Time High.

If this is broken through there is no resistence on the Chart, we are in
new territory.

If you prefer fundamentals, the rapid rise in Global meat consumption (particularly China and South America) combined with efficiency gains through out DVO add up to a very exciting outlook.

[essentialinvestor] 08/1/2010 15:23

Tuesday Feburary 16th.

Looks like this we are on the verge on a definate Breakout here,
12 month high is £1.40 mid.

DVO remains 15-20% undervalued imv.

[phillis] 08/1/2010 15:07

very prompt prelims - usually a v good sign

[essentialinvestor] 07/1/2010 18:17

Start of the rise to results.

[essentialinvestor] 23/12/2009 11:12

Martket Makers trying to mug some poor PI's into selling by dropping the bid price from the Open but keeping the Offer virtually unchanged.
Before letting the share price rise, very same as yesterday.

[essentialinvestor] 22/12/2009 20:17

Sausages are usually cheap, Devro shares not for much longer imv.
Just buy like the Directors, and hold.

[cr4zyness] 22/12/2009 20:05

EssentialInvestor you sell yourself cheap ;))

[essentialinvestor] 22/12/2009 15:27

I see DVO selling at £1.45-£1.55 approx by results as I have previously posted.
Far more likely to be closer to £1.55 imv.

[pitball] 20/12/2009 17:34

IC. SMALL SHARES BIG FUTURE ?
Nice little write up this week
Devro is forecast to improve revenues by 21% this year to £221.4m
(£15.3m in 2008). Eps is estimated to increase by 23% to 10.1p (buy)

[essentialinvestor] 16/12/2009 10:59

Plent of time for that Scapman, I would much prefer a slow steady rise.
Mid Jan onwards within orbit of results is most likely when you will
see large moves imo.

[scrapman] 16/12/2009 10:56

well that was a very brief peep at 140 , thought it was well on the way for a serious breakout,

[phillis] 16/12/2009 09:59

Not really much volume trded here

[essentialinvestor] 16/12/2009 09:39

I really hope that did not happen to many yesterday.

When Devro Directors are snapping up the shares left right and centre, you want to hold on to yours tightly imo.

[cr4zyness] 15/12/2009 18:24

Phillis bet a few got shook today what do you reckon?

[essentialinvestor] 15/12/2009 18:20

Directors continuing to buy Devro shares as announced today.

I thought we had broken to new higher ground with two consecutive closes
abover £1.35 pence a share, interesting to watch the price action over
the next week or so.

[phillis] 15/12/2009 17:57

The non Execs have just signed off on next year's budgets and guess what - they like what they see!

[phillis] 15/12/2009 14:07

Shuisky - why are you shy?

[essentialinvestor] 11/12/2009 11:58

Definate breakout if it closes over 135 on the mid price imv
well clear of that at the moment.