Elementis Share Discussion Threads

[stavros28] 17/7/2012 09:34

IRV is swimming with the tide gard but has moved a fair way BLND also good 4 me.

[gardenarc] 16/7/2012 15:58

Yep everthing well all mine are doing naff all ..

[stavros28] 16/7/2012 08:25

General market has been weak .

[peaeff] 13/7/2012 22:19

Not by stavros.

[gardenarc] 13/7/2012 16:10

Expected..

[jsbach123] 12/7/2012 20:40

Anyone any suggestions for the fall over the last few days?

[stavros28] 06/7/2012 15:17

Very good result considering the FTSE.
We are headed higher ELM watchers.

[gardenarc] 06/7/2012 14:30

Looks ok so far today.

[stavros28] 03/7/2012 07:33

Director buys are more important sales have no track record in timing the trade fogged by house purchase, tax and divorce reasons.

Stavros

Back from hols

Looks like ELM has made a little double bottom like IRV mmm

[peaeff] 01/7/2012 11:22

Director sell of 100,000 @189p I hope that isn't a sign of things to come.

[apad] 29/6/2012 19:05

A little more detail from Bloomberg:

Elementis Plc (ELM), the specialty chemical maker born out of British tea-trader Harrisons & Crosfield, agreed to acquire Watercryl Quimica Ltda. of Brazil for $24 million to expand in the Latin American market for coatings additives.

Watercryl generated sales of $9.3 million and earnings before interest, taxes, depreciation and amortization of $2.3 million in the year through May, and the deal is expected to close in the second half, the London-based company said in a release today. Elementis shares climbed 2.7 percent to 193 pence as of 8:49 a.m. local time.

Elementis will combine Watercryl with its existing Specialty Products offering to accelerate growth in Latin America. The company is seeking out other investment opportunities to pursue expansion in high-growth markets, Chief Executive Officer David Dutro said in the release.

"This acquisition represents significant progress in extending our reach into the fast growing and increasingly sophisticated Latin America coatings market," Dutro said.

The purchase price implies a multiple of 10.4 times Ebitda, compared with a median ratio of 7.19 for specialty chemical deals in western Europe over the past six years, according to data compiled by Bloomberg.

[sonigill] 28/6/2012 14:21

Has good instu investments now, but price keeps on falling. 170 seems key. What do u think a good entry point is?

[gardenarc] 28/6/2012 08:33

Yes if you look back over years un years ..

[sonigill] 27/6/2012 21:44

This company seems like a good long-term share. Any thoughts?

[gardenarc] 27/6/2012 09:28

Just added a few croda as i watch un wait on ELM.

[gardenarc] 27/6/2012 09:14

Barcharts are a good read to weigh up when to add to a company peaeff..

[gardenarc] 27/6/2012 09:12

Thats true peaeff its not a buy at this moment in time, but you never know ELM is one of the oldest plc.

[peaeff] 27/6/2012 08:42

Hopefully this won't react too much to the Trading update put out by YULC today (same sector) which has seen a 15% retrace on dwindling revenues.

[apad] 26/6/2012 15:53

Anybody found a website for Watercryl Quimica?
apad

[stavros28] 26/6/2012 13:28

Apad listen to PopeyZig time is the true creator of wealth in the stock market you can see that from the FTSE web site. If you guys want quick money go to Las Vegas.
Look at Warren Buffets stocks and most of all his year on year performance and weep. The BIG money is in the long pull gentlemen !


Scroll down a little on the Berkshire page to see the stocks once you are over the SHOCK of his performance enjoy.

Stavros

[popeyzig] 26/6/2012 09:38

Sorry to hear that Peter. Time will tell.

[petersinthemarket] 26/6/2012 09:34

I've tried to be patient but I cannot see any short/medium term prospect of a profitable rise in this one. I'm out for now. Best of luck to holders. PIM

[apad] 26/6/2012 09:16

Thanks Stav...
Great tool for the 'if only' :-)

Acquisition
Not much financial details in the rns. Don't like EBITD figures. I presume it is not profitable (perhaps indebted).

Small holding in this share - not long enough to develop my own confidence in the management.

apad

[popeyzig] 26/6/2012 08:57

Elementis To Buy Brazil's Watercryl Quimica For $24 Mln Cash It is hoped that that this purchase will open up access to the coating business in South America.