Electrocomponents Share Discussion Threads

[horsemike] 15/7/2006 12:38

Strange how some Brokers always seem to dwell on the negatives. A statement today in the Daily Mail .... "Citigroup says sell at 233p (now 226p). Investors should not get over-excited about the international growth rate, because the group seems unable to produce any operational gearing."

Here's part of the AGM statement Citigroup refer to ...
"The group also issued a trading update, saying overall sales grew by 9 pct
in the first quarter, after a 15 pct increase in international revenues offset
flat sales in the UK.
Lawson said revenues from the group's international businesses are growing
strongly and now represent over half of the total."

Now that seems very positive to me. Add to this a 8% yield, plus a commitment from the company to maintain the dividend, and this looks to me to be a steal at the present price.

[bot_man] 12/7/2006 10:05

will be tomorrow AGM

[netcurtains] 04/7/2006 11:07

interesting news.

[bot53693752467] 29/6/2006 14:35

AGM in 2 weeks. trading news will be interesting, will it turn out like HAS news yesterday?

[bot_man] 28/6/2006 15:01

grunty rise going on, reinvesting dividends?

[botwoman] 28/6/2006 13:34

Someone obviously thinks so, as the shares have been moving up all day. Is this the beginning of the big recovery?

[curry2] 28/6/2006 08:15

This fall is not very nice. Can they really keep paying 18.4p dividends?

[b0tman] 27/6/2006 08:07

the 12.6p div is ex tomorrow

[botman2] 23/6/2006 10:04

evo8, looks like you timed it perfectly as it seems the dividend hunters are suddenly active

[evo8] 22/6/2006 14:48

BOT2, I agree : topped up yesterday. Even if the price stays flat there is the bonus of the 5.25% divi next week, as the other BOTS have mentioned.

[botman2] 22/6/2006 11:18

surely good news for ECM...

LONDON (AFX) - UK manufacturers were more confident about output over the
next three months, with optimism rising to levels not seen since February 2005,
the UK's leading business lobby group said today.
In its monthly industrial trends survey, the Confederation of British
Industry said the expected volume of output balance for the next three rose to
+14 pct from +10 pct in May.
Thirty-one pct of manufacturers expected gains in output while 17 pct
predicted falls, leading to the +14 pct net balance which is the highest since
February 2005.
The latest reading beats expectations of a slowing down to +8 pct.
Meanwhile, the total orders balance was unchanged in June at -12 pct, as
expected. Here, 20 pct said output was above normal while 32 pct said they were
lower.
Export orders for the month slipped to -3 pct from zero pct in May which was
the healthiest reading in over a decade.
[e-mail]
ss/ss/joy

[b0tman] 21/6/2006 12:53

5 business days now to the dividend

[b0tman] 20/6/2006 12:22

guess that means at 238p now, in just over a year you effective entry would be 207p. and just 6 business days now to the dividend

[bot_man] 19/6/2006 13:46

241 taken out. hows this for thought - if you buy immediately before the shares go ex-div, you accrue 31p in dividends in 1 year and 1day (assuming company maintains the dividend rate as they say they will)

[bot_man] 19/6/2006 13:32

241 being nibbled. its going to be very interesting to see how these trade through the dividend

[b0tman] 19/6/2006 10:20

9 days to the dividend

[botwoman] 18/6/2006 13:03

Bots, with the share price at similar levels as 1994 can it really go any lower? Perhaps this is the perfect time for a predator to swoop...

[bot_man] 16/6/2006 11:42

i see you bots have been very active this morning... how about some bigger volumes rather than all the silly little trades

[botman2] 15/6/2006 11:03

looks like it has cleared 240 then, how much can it run?

[botman2] 15/6/2006 11:03

looks like it has cleared 240 then, how much can it run?

[botman begins] 15/6/2006 10:19

FTSE is soaring away, cant believe ECM can be left behid for too long....

[b0tman] 15/6/2006 09:34

Try reading the annual report above post 103.

The annual dividend rate is 18.4p and latest revenue growth figures are 9%

[curry2] 15/6/2006 09:11

is this 12.6p dividend for real?

[botman2] 15/6/2006 09:02

bit of resistance at 240

[botman begins] 15/6/2006 08:48

Good morning bots! Are we now on the mend then?