Elementis Share Discussion Threads

[toffeeman] 11/3/2021 09:18

I remain relaxed - good to see a proper test of 130 - be interesting to see where we finish the week.

[venezuela45] 11/3/2021 08:05

Results now delayed until 23 March. Not sure why they didn’t just give it a few more weeks and they could have announced them alongside the half year results.

After a rejected bid you would expect management to up their game to impress shareholders. Delayed results are rarely a sign of a management team who are on top of the business. The board also have to start taking some responsibility for these missteps, looks again like they’ve been asleep at the wheel.

I was positive on this share as a recovery play but I’m now thinking I may just cash out and run.

[richjp] 09/3/2021 17:10

I am not too worried about the results being a couple of weeks later than before. If it were a month or more that would be different.

[ladywormer] 09/3/2021 17:03

Toffeeman - thank you for that. This is about two weeks later than normal. Do bad numbers take longer to add up or are they negotiating behind the scenes?

[richjp] 09/3/2021 14:54

I have had a small holding here for years but I added a couple of times when the takeover approach was made and have added again today.

I think it is a recovery situation anyway and management was taking action before Covid came along. It's also always been a cyclical stock and the amount of money being poured into the economy by the US and others can only be good.

I think the takeover was opportunistic however I still think that another approach from somewhere is still possible.

I am not a great chart enthusiast but lots of people do use them and I see no price resistance up to about 180P.

Altogether I think things have come together nicely.

[toffeeman] 09/3/2021 12:26

March 16th - but I don't expect them to influence the SP

[ladywormer] 09/3/2021 11:11

when is the next set of results due out?

[toffeeman] 09/3/2021 10:26

I would like it to spend the rest of the week testing and re-testing 130

[dunns_river_falls] 09/3/2021 10:10

It seems keen to go higher! Looking interesting

[jonnybig] 09/3/2021 09:46

Something is brewing

[toffeeman] 09/3/2021 09:41

Textbook so far - let's see how it plays out

[jonnybig] 08/3/2021 09:03

And to think this crashed to sub 30p a year ago. Wish I had taken more advantage rather than buying just a grands worth.

[venezuela45] 08/3/2021 08:59

This will cruise back up to around 145-150p over the next 3-4 months on just a general recovery play as things unlock.

Assuming we see an encouraging set of half year results then 180p by end of 2021 is definitely achievable.

I think any bid potential has gone, north of 130p I don’t see any attraction for a bidder.

[jonnybig] 08/3/2021 08:52

Something is definitely brewing

[solarno lopez] 08/3/2021 08:43

looks promising

[toffeeman] 05/3/2021 16:58

Successful week.

I will be happy to see us retest 130 and finish where we are next Friday - then onwards and (hopefully) upwards.

[toffeeman] 05/3/2021 13:58

Nah - that's Inbev you want :)

[jonnybig] 05/3/2021 12:06

Something is brewing....

[toffeeman] 05/3/2021 08:42

OK - so will we end the day (and week) above 130?

[toffeeman] 04/3/2021 16:34

So now we want to see (ideally a test of 130 and an end of the week above that level.....

[solarno lopez] 04/3/2021 16:26

and we did Toffeeman

[solarno lopez] 04/3/2021 13:42

we can try !

[toffeeman] 04/3/2021 13:28

Could we close above 130 today?......

[toffeeman] 25/2/2021 12:25

LOL - we do need to close above 130 and then get the level tested and retested a few times. I am happy, as all my shares are running for free, and I will wait.

[solarno lopez] 25/2/2021 12:16

They clearly take the advice of an esteemed investor