Enodis Share Discussion Threads

[kitewind] 29/7/2003 09:49

Looks very bullish. Other technical indicaors support this view:

- gap up;
- volume trending up with price;
- Bollinger bands expanding;
- price broke short term resistance.

I would set near term price target at 64p.

[lepope] 25/7/2003 08:58

Including a 4mil buy trade.

[glentimon] 24/7/2003 05:37

This recovery has taken us through an important falling trendline that dates back at least 2 years. I expect some pause for breath, limited by the minor resistance lines:

[burrmj] 23/7/2003 17:00

sold out now, need the profit as enodis have been good to me over the last two years.
sorry to be out mind.

[bungo] 23/7/2003 16:24

An interesting day for a change ... 60p soon?

[bungo] 18/7/2003 14:51

burrmj,

A years a long time. I dont hold many of these and not looking to add at present but I do think they have potential.

[burrmj] 14/7/2003 17:37

bungo
todays market means 90p a bit ambitious, but 60p i agree.

[bungo] 14/7/2003 13:12

Think this should move back over 60p relatively quickly and 90p within a year.

[burrmj] 09/7/2003 16:19

bloody hope so its been a long time, i bought at 28p and thought they were a gift, sold half at 44 then spent the last couple of months wishing i had sold all but held anyway as i thought 50p was easily obtainable.

[davidsheila1] 09/7/2003 10:39

Broke 40p and mms reduch spread are we on the way to 50p again?

[vinyy] 25/6/2003 12:13

DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1) NAME OF COMPANY

ENODIS PLC


2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

HARRIS ASSOCIATES L.P.


3) Please state whether notification indicates that it is in respect of
holding of the Shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18

AS ABOVE


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them.

PLEASE SEE BELOW


5) Number of shares/amount of stock acquired.

NOT KNOWN


6) ( NOT KNOWN %) of issued Class

7) Number of shares/amount of stock disposed

N/A


8) ( N/A %) of issued Class

9) Class of security

ORDINARY 50 PENCE SHARES


10) Date of transaction

24 JUNE 2003


11) Date company informed

24 JUNE 2003


12) Total holding following this notification

50,541,360


13) Total percentage holding of issued class following this notification

12.62%


14) Any additional information



15) Name of contact and telephone number for queries

RHONDA SYMS, 020 7304 6000


16) Name and signature of authorised company official responsible for
making this notification

DAVID HOOPER

Date of Notification ..25 JUNE 2003



Harris Associates L.P

Account Name Shares Owned % of Company

Oakmark International Fund 33,585,320 8.41%
Harris Int'l LP 3,690,040 0.92%
BMG Foundation 3,588,400 0.90%
SunAmerica Focus 2,613,800 0.65%
Schwab Int'l MarketMasters Fund 1,848,000 0.46%
MetLife Concentrated Int'l 1,790,700 0.45%
MMIG Overseas 777,300 0.19%
Ohio PERS 720,400 0.18%
AGF Harmony Fund 600,000 0.15%
CDC Nvest Star International 517,700 0.13%
Levi Strauss & Co. US Pension 482,500 0.12%
Hillview International Alpha Fund 327,200 0.08%

50,541,360 12.62%

[clemenm7] 24/6/2003 15:50

the 9:20 and 11:24 trades corrolate. perhaps it is someone rolling over a position??

[clemenm7] 24/6/2003 08:48

quite a few small investors bailing out at these levels, further stake building has been announced and whilst the offer is coming down the bid is steady (and still at the level of the MM transfer activity of last week). keep your nerve me thinks......

Vinny or Dart any thoughts????

[clemenm7] 18/6/2003 23:34

it must be vinny, yet again large volumes being taken in by the MM and the price ticking up. I think that when Deutsche and Putnam have been cleared out we could see some tasty gains on this. My target is a further 20% by the end of july (depending on what news comes out on who is building their holding)

[vinyy] 18/6/2003 23:18

Looking really positive to me...........stake builder perhaps ?......VINYY

[clemenm7] 18/6/2003 13:10

I like your logic and that is why I'm still in. I first noticed a copy of 1mill buys going through by MMs at above halfway at 34p so started keeping an eye on them. Read dart's comments and jumped in!
I think there is good upside if we're patient, and as always with smallcap it can rocket (and drop) over a short period. fingers crossed we're cheering at end of July!!

[clemenm7] 18/6/2003 12:29

Vinny,

whilst that would be fantastic and Id be delighted it may be a bit ambitious. There are a lot of people in lower than our current point. We are also playing from a diluted stance with several players willing to give up their stake to match the buyer. We are in the lap of the stakebuilder(s) and what level they are gunning for. If both Fidelity and Dupont are looking to take their stakes to 10%+ we could see the 60p level, I think a bid would be the only way we would see anywhere near 100p. as with you all imo.

either way exciting times, how many are you in for? I've got 14k from 37p

[clemenm7] 18/6/2003 08:30

3 million shares taken within current bid offer at close yesterday. With no corresponding tick down in the price there is definately a buyer in the wings who will take up the excess.

MM trade gone through at the offer again today for 200k shares, another positive sign

[vinyy] 17/6/2003 18:45

Letter to Enodis Plc
Dated 16 June, 2003

Disclosure of interests in shares

Further to our letter of 22 May 2003 and in accordance with Section 198-202 of
the UK Companies Act 1985, we are writing on behalf of Deutsche Bank AG to
inform you that on the basis that the relevant issued share capital of your
company is 400,465,587 ordinary shares, Deutsche Bank AG, and its subsidiary
companies no longer have a notifiable interest in the ordinary shares of Enodis
Plc.

Deutsche Bank AG is a corporation domiciled in Frankfurt, Germany.


From Deutsche Bank AG London



Looks like we may see some movement tomorrow..............VINYY

[vinyy] 12/6/2003 13:20

Why the tick up, anybody...........thanks VINYY

[clemenm7] 12/6/2003 12:13

Todays news is that Putnam continue to offload, it is a very good sign that they have reduced their holding by nearly 1% and the price has been holding up. I wonder what the total size of Duponts order is and when we will see the next traunche of selling from Putnam (they now have 15.3m shares down from 19m).

Also strange that the price ticked up when the news came through