Electrocomponents Share Discussion Threads

[studhaves] 12/7/2007 20:54

Can I point out that I work in the UK electronics industry (I work for a Swiss manufacturer of electronic components), & we have seen an enormous growth in the last 15 months. So much in fact that we have turned over 50% of our annual target in the 1st 3 months of this financial year, & that represents about 65% of our total turnover last year.

And we're not the only ones. Talking to a number of companies that we know, they have also experienced a significant increase in sales as well.

I don't know how RS are doing, but we do supply them with our products & from the look of it they don't seem to be doing badly at all.

I think perhaps that the market is doing better than some people think, but I have to admit that I can't see why it is.

[mrt8] 04/7/2007 15:44

Why is this stock so unloved? Never much news, and even fewer posts on this BB. I have held these, on and off, for well over a year and still feel that they are good value for money. You were right about the fall to 260 Kievtrader, but surely this is the bottom now. m8

[eithin] 30/5/2007 07:59

thanks your views kt...

[kievtrader] 30/5/2007 07:51

no surprises - company made announcement a few months ago that results will be at top end of expectations and that is what we have got - all is discounted already. this one will fall to 260p again over the course of 2007 and perhaps even lower when the companies markets especially in Uk deteriorate more

[eithin] 30/5/2007 07:28

eps increased to 13p. may surprise....

[kievtrader] 30/5/2007 07:21

big problem eps is 12p and dividend 18p per share so most of dividend is not being paid out of earnings but from taking on debt. Seems a little worrying to me. Only one more year of companies 2005 pledge to mainitain dividend for 3 years left. Only a matter of time before they cut. A lot of brokers are worried about this stock with dividends being paid from debt - cannot be sustained.

[eithin] 30/5/2007 07:09

Look OK to me.. Divi maintained. Yield 6.13% at this price....

[helpaargh] 29/5/2007 18:07

Thanks Kiev

[kievtrader] 23/5/2007 16:46

Helpaargh- was in London Evening Standard last thursday and that was on the day they droped 7/8p from 308 to 300p. Goldmans said things deteriorating in companines markets and there was chance of a dividend cut

[mayall] 22/5/2007 10:17

ev08 re xd date -many thanks.

[helpaargh] 22/5/2007 06:53

Kiev where did you see that? Help

[kievtrader] 21/5/2007 20:36

goldman sacs think the dividend may be cut

[evo8] 21/5/2007 10:07

mayall, xd date not announced yet but will be at results next Wed.
Last year was 28/6 (12.6p).

[simongn] 20/5/2007 23:46

From here:


"Electrocomponents fell after Goldman Sachs cut its rating to 'sell' from 'neutral' on the back of concern about deteriorating UK and US markets. "

[mayall] 18/5/2007 11:55

does anybody know the ex-divi date please?

[evo8] 18/5/2007 09:56

Tree shake this morning. Results must be good!

[evo8] 01/5/2007 16:28

A bit late but a reminder of progress this year (from March trading update) :

Electrocomponents H2 sales up, sees pretax at 'upper end' of forecast
Collins Stewart upgraded Electrocomponents' stock to 'buy' from 'hold', with a target price of 330 pence, based on increased confidence in management's ability to deliver a much stronger profit recovery than the market anticipates, dealers said.
The full results for the year will be announced on 30 May 2007

And don't forget 6% yield (final xd end of June)!

[eithin] 29/3/2007 07:13

The Board anticipates that headline Group profit before tax for the year ending
31 March 2007 (adjusted for reorganisation costs and the profit on the sale of
the head office building) will be at the upper end of our expectations.

Do me with 6% divi.......

[evo8] 26/3/2007 08:57

Trading update on Thursday

[b0tman] 13/3/2007 15:22

dont you hate these type whom pop in once, never to be heard of again

[b0tman] 09/3/2007 15:00

Hot_Property, whats hybrid system and whats your target?

[bot_man] 08/3/2007 21:25

how does your hybrid system work

[hot_property] 07/3/2007 20:41

buy this stock i have a hybrid system buy