Essentra Share Discussion Threads

[philanderer] 02/8/2022 19:50

Just when you think you've turned the corner...

[philanderer] 25/7/2022 16:11

Essentra Components to supply recyclable parts to reduce landfill HTTPS://www.mrchub.com/news/403206-essentra-components-to-supply-recyclable-parts-to-reduce-landfill

[essentialinvestor] 21/7/2022 16:10

Sold a few, Up nicely since last Friday's post.

[essentialinvestor] 20/7/2022 15:57

Nice few days.

[essentialinvestor] 18/7/2022 14:34

Hi Phil, yes and you wonder if that might be a resistance level on the way up, provided this is going back up!. Lets not get ahead of ourselves etc. Wider markets enjoying a few stronger days.

[philanderer] 18/7/2022 14:13

Still 20p to go to hit the 260p placing price from september 2020 :-O

[essentialinvestor] 15/7/2022 18:14

Consensus has net debt following the packaging disposal and pension contribution at very approx £40 million. Packaging made a pretty minimal pre tax contribution re total group profitability How much is the filters business worth, £150-£200 million plus?, I'm allowing for a low multiple because of the tobacco sector. If so, they are left with say £150 million cash, a current market cap under £700 mn and a class leading components business, which has delivered the bulk of group profitability for years, I could only guess where a share price low point may be, £2.10 a share perhaps?, barring anything unforeseen !. It looks reasonable risk/reward to me, but No guarantees as always.

[essentialinvestor] 14/7/2022 10:10

A woeful share price performance, added a small amount. That's not a recommendation!.

[loads2] 13/7/2022 19:25

Essentra board are rubbish. They are doing this strategic review, and all their publicity on sustainability and pride, because it seems the latest buzzword grand scheme for them. If they really were gonna look after shareholders they would cut down on their board excess in line with the business getting smaller The Austrian deal looks good on paper but has too many issues. Money wil be banked from the sale which the clueless board will fritter away. You have been warned

[philanderer] 13/7/2022 14:36

Sad to see this one going to the dogs.

[philanderer] 07/7/2022 09:07

No surprises on the update today.

[essentialinvestor] 30/6/2022 10:14

Morning Phil, I can beat you by one 1 - NICL !, but give it time ; all the rest lower.

[philanderer] 30/6/2022 10:11

Morning guys. All twenty seven red in my portfolio this morning :-(

[essentialinvestor] 30/6/2022 08:25

Another small amount. £2 is possible, may depend how low wider markets go.

[loads2] 30/6/2022 08:16

I'm a buyer below 2 quid (ie at 1.99) but only on a short term perspective as I don't rate the management

[philanderer] 30/6/2022 01:14

EI, luck with those. Almost hit the buy button wednesday morning.

[essentialinvestor] 29/6/2022 15:21

Small amount, might regret this.

[essentialinvestor] 28/6/2022 21:42

Not as CFO. It's all in the RNS. Will keep ESNT on a watch list.

[loads2] 28/6/2022 21:35

His last day was 31 March 2022. He served a notice period of 1 year from 2021 to 31 March 2022. He remained CFO until 31 March 2022. The share price rot set in before the war. Back to essentra I note their dismissiveness of the war and its effects. Some rubbish about only 5% of their business is with Russia is what they say. They completely miss the wider effects of this war eg recession which is why the share price is going down. The biggest idiot at essentra is the CEO who I understand is drunk most of the time. The guy before was Colin Day who was an even bigger idiot. Essentra do find them...

[essentialinvestor] 28/6/2022 21:06

That's incorrect. Jack stepped down as CFO wef 1 April 2021, he remained with the company until this year, but not as CFO and assume neither was he a member of the BOD following April 2021. The share price was over £6.80 on his last day in that role.

[loads2] 28/6/2022 20:56

MSLH (Marshalls) has halved in value from 9 pounds to 4.50. Jack james clark was there before essentra

[essentialinvestor] 28/6/2022 19:49

I don't know much about Jack Clarke but while CFO of Marshalls their share price increased by approx 250%. Was tempted to add a few today but have held off as cautious on equity markets atm.

[loads2] 28/6/2022 19:09

Progress. It's the Jack James Clark effect. Happened at Marshalls. When they can't go lower he will be gifted free shares under the essentra executive share plan. He then will hang around a bit while they recover then he 'retires' on full board pay on a years notice. Starts selling the gifted shares and then joins his next ftse company while still being excessively paid by his current company. At least he won't be able to spread the tax burden with his ex wife this time because she's divorced him. He loves his money, and so did she.