Eco Animal Health Share Discussion Threads

[topvest] 10/10/2018 18:42

There is a sell off on growth stocks. Look at Fevertree etc. Getting hammered.

[audigger] 10/10/2018 13:19

Wonder what the reason is for this sharp pull back? Seems to be beyond the general market fall.

[topvest] 31/8/2018 18:29

Yes, I agree. Just be nice if they kept a few! Peter Lawrence’s share transactions are far more significant though.

[audigger] 31/8/2018 16:41

Another jump today. On the directors front, its a bit of a double edged sword. I believe they have done an excellent job with EAH and were not too greedy in the pre-authorisations days. Personally I have no problem with them reaping the rewards of their efforts. There are many shares for which I don't have this view.....EAH is a well run company.

[topvest] 28/8/2018 19:36

Yes, more selling of directors options. All the directors sell these and take as emoluments by the look of things. Be nice if one of the directors actually put their hand in their pocket and bought some shares at some point...seems to be an old fashioned concept these days. Far better to have your cake and eat it!

[audigger] 28/8/2018 17:54

And a bit of volume today....

[audigger] 28/8/2018 10:50

First news in a while, lets hope there's more to come!

[aimingupward2] 28/8/2018 08:19

Another authorisation for Aivlosin this morning - for pigs and poultry in Vietnam.

[topvest] 23/8/2018 19:06

Good to see this bounce back. Looks like Liontrust has taken the overhang by snapping up another 3%.

[aimingupward2] 22/8/2018 09:51

Theses shares have fallen far too far and I am confident of a significant rise back to earlier levels.

[audigger] 21/8/2018 19:32

Only 10ks worth. Bit lucky with timing really. I only bought today because I sold Syncona yesterday when it hit my target. That dropped a lot today so for once it appears I got lucky. Would be good to see another 20p on this tomorrow and some momentum north.

[topvest] 21/8/2018 18:51

Blimey, you must have bought a few! Nice to see this start to bounce. Weakness in the price seems to have been a delayed reaction to last year's EPS numbers that were disappointing due to mix of business last year and currency headwinds. FY19 is looking strong. Currency tailwind and hopefully a better mix.

[audigger] 21/8/2018 12:05

Sold another holding yesterday so added more of these today. Am thinking I will likely add again before it goes ex-divi. Having re-read the results i'm encouraged by their strategic intent to grow in to other product areas through both a combination of new product development (i.e. vaccines) and acquisition. Based on a solid platform of continued growth in Aivlosin sales and more registrations to come and huge barriers to entry for the competition, and an established and competent management team, I see no reason why the share price won't return to its previous high and beyond. The unknown is at what pace this goes. Things have been relatively quite in terms of new product authorisations so I'm hoping a steady stream of RNS is on the horizon.....!!!

[steve3sandal] 20/8/2018 18:33

The authority is 11 months old so they have just 4 weeks to buy up to 650k. Not that significant. Arguably they have played a blinder as the share price was about £2 higher when they gained the authority. The simple statement that they have the authority but no certainty to use it hasn’t had any immediate effect. They might just have to actually use it then to arrest the current slide. I’m starting to think about topping up myself but not skilful enough to catch a falling knife.

[topvest] 20/8/2018 17:40

Looks like they are contemplating a share buy-back. Some momentum traders have obviously exited, but I am sticking with this. Nothing has changed other than a weaker year of earnings. Nothing goes up in a straight line.

[cerrito] 16/8/2018 20:28

Thought of EAH reading an FT article on the possible effects on the Chinese animal foods market with their increased input costs given the tariffs the Chinese have imposed on US soya imports.
Pig production had been strong but there will be collateral damage of this increase in input costs.
Too soon of course to know how much if at all it will impact EAH- and indeed ANP.

[topvest] 09/8/2018 17:28

It could well fall further, but fairly confident it will bounce on FY19 numbers (interim and final) or further positive developments regulatory wise. There are not many better growth companies out there. Also, think there is quite a high chance of an acquisition, as from the final results there was a heavy steer that something was going on. No point carrying £20m of cash if you can invest it wisely. Time will tell, but they are not scaring me out of mine at this price. £6 it was probably close to a sell. Something starting with a 4 is not pricey for a growth company like this.

[audigger] 09/8/2018 17:22

In many respects this is a great buying opportunity but I'm not quite prepared to dive-in just yet. I tend not to be great with timing so it'll be up 50P tomorrow on good news!

[topvest] 09/8/2018 15:29

Should bounce back given we have high sales growth, dividend growing at 30% and exchange rate tailwind. 2017 was stellar, 2018 was a tad disappointing (due to currency headwind), 2019 should be stellar again (due to currency tailwind).

[topvest] 09/8/2018 15:29

Should bounce back given we have high sales growth, dividend growing at 30% and exchange rate tailwind. 2017 was stellar, 2018 was a tad disappointing (due to currency headwind), 2019 should be stellar again (due to currency tailwind).

[jimbowen30] 09/8/2018 15:04

Someone dumped 50k at 450p, which moved the price.

[audigger] 09/8/2018 14:51

We appear to be falling off a cliff!

[topvest] 09/8/2018 12:02

Share price is definitely in a bit of a downtrend, probably catching up with the poor EPS number in 2018. 2019 trade is strong and no doubt the recent weakness in sterling is now providing a headwind versus the 2018 tailwind. You would actually guess that the undershoot on 2018 will likely turn into an overshoot in 2019.
I will remain patient. Think we will see well over 20p EPS this year, particularly if £ weakness continues.

[winston8643] 06/8/2018 14:41

Did they not appoint a joint broker sometime ago that was a spcialist in take takeovers and mergers , at this level they must be looking very attractive.

[aimingupward2] 18/7/2018 12:04

Well,yes. It’s certainly very good value at this level and I feel very confident that we’ll see £7 by next summer - more if it were to become a takeover target.