Electrocomponents Share Discussion Threads

[botman begins] 08/12/2005 12:54

well its not falling, FTSE off 20 pts. could be a push this afternoon

[b0tman] 08/12/2005 10:42

PFL up on Q3 results, why is ECM lagging?

[bot_man] 02/12/2005 16:12

not i, at this rate could be back above 300 next week

[botman2] 02/12/2005 12:17

anyone got the guts to be short?

[botman2] 02/12/2005 12:15

PFL Q3 next week could add some excitements. then theres the 5.8p divvy on the 14th

[tokyogirl] 01/12/2005 21:43

Have taken advantage of the recent rally and have reduced my holdings in ECM today.

[botman begins] 09/11/2005 13:16

how far back will they come? i want some more

[royaloak] 09/11/2005 11:20

....especially if the £ tanks!

[botman begins] 09/11/2005 11:20

just been studying results. international business accounts for 56% of group by origination, growing at 12% in october. thats pretty impressive

[botman2] 08/11/2005 15:03

bots, could the perked up revenue growth figures encourage a bidder to come out of the woodwork?

[bot_man] 08/11/2005 14:45

popped above 253... could be a lot more more excitements yet...

[b0tman] 08/11/2005 14:04

madgooner, thats a phenomenal amount of shorts... sets in place the potential for a huge bear squeeze

[b0tman] 08/11/2005 12:47

if someone has seen or comes up with different forward revenues figures, please post. DYOR etc

[b0tman] 08/11/2005 12:31

look at the october sales growth figures, up 5%. international up 12%!

based on that, if H2 grows at say 4%, that implies group revenues of around £810m+ or some £30m more than yesterday's consensus.

[madgooner] 08/11/2005 11:11

On Loan / Shares In Issue 15.69 %

-Must be some nervousness in that figure
-Still looks overvalued to me, but wait for the clearout I think.

[mroalan] 08/11/2005 10:56

and i laughed,was waitin for 240 and he says do you want 253?yes please says i!on a serious note did anyone see any good news apart going to maintain the div.imagine the scernario if they hadn,t!well who,s going long?

[fusebox] 08/11/2005 08:21

Ia am invested in EKT and the trading update will affect EKT.

Good growth!

This will affect EKT far more it exports over 60% and is high margin with cash building fast.

You just watch EKT at some stage to rise rapidly from here. Its already beten the sector previousy.

[tokyogirl] 08/11/2005 08:16

LONDON (AFX) - Electrocomponents PLC, the electrical and industrial supplier,
reported a slump in half-year profit as expected, blaming poor UK trading, and
said it remains "cautious" for the full year.
The company, which issued a profit warning in September, said pretax profit
before restructuring costs fell to 35.3 mln stg in the six months to Sept 30
from 49.6 mln in the same period last year.
Sales rose to 396.8 mln stg from 379.5 mln.
Barclays forecast pretax profit of 34.5 mln stg.
The company said it aims to complete the problematic rollout of a key
computer system, Enterprise Business System, in the final quarter of its
financial year. It also said it will continue its cost-cutting drive announced
earlier this year that aims to cut annual costs by 10 mln stg over three years
and accelerate a new strategy focusing on its key markets.
"In the first half, the strong growth in our International business, which
now represents over half the group's revenue, has been offset by difficult
trading conditions in the UK, and incremental activity and costs associated with
our Enterprise Business System ('EBS') project," said Electrocomponents chairman
Bob Lawson in a statement.
Revenue in the UK was down 3.6 pct from last year, which Electrocomponents
blamed on the decline in the UK manufacturing sector and slower economic growth.
However, the international business, which represents more than half of the
group's revenue, was strong, increasing sales by 9 pct.
Continental Europe sales growth rate doubled to 5 pct, with Asia and the
rest of the world achieving 14 pct, and North America 14 pct.

[tokyogirl] 03/11/2005 12:07

Thank you AOO.

[tokyogirl] 02/11/2005 20:03

Hi AOO! I don't quite follow what you were saying. The bullish morning star I was referring to was dated 28th Oct, and it was confirmed the following day. I have my idiotic way of reading candles stick patterns.

I used to be able to post charts, but I haven't been able to do so since I changed my computer programme to 'Window XP' some time ago - can't bring up 'properties' of my chosen chart when I right click the mouse.

[bot53693752467] 02/11/2005 15:20

nibble nibble