Share Name Share Symbol Market Type Share ISIN Share Description
Fenner LSE:FENR London Ordinary Share GB0003345054 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +5.00p +1.24% 407.00p 407.00p 407.50p 408.75p 402.75p 403.50p 319,444 13:06:52
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 655.4 38.1 17.6 23.1 789.59

Fenner Share Discussion Threads

Showing 5326 to 5350 of 5350 messages
Chat Pages: 214  213  212  211  210  209  208  207  206  205  204  203  Older
DateSubjectAuthorDiscuss
23/11/2017
01:31
Thanks for that Lauders. I think I'll be keeping a close eye on this one for the time being.
turbocharge
23/11/2017
01:05
Courtesy of Apad on the VLG BB: Https://www.sharescope.co.uk/philoakley_article182.jsp As you can see, analysts are already predicting a fairly rosy outlook for profits. The shares are also quite highly valued on a one year forecast rolling PE of just over 18 times at 389p. However, the operational gearing is so big with this company that it won't take much in the way of a trading improvement to feed through into more forecast upgrades. This could possibly lead to further share price upside in the short run. The problem with operational gearing is that it works in both upwards and downwards direction. Given Fenner's still large exposure to commodity prices in both conveyor belting and AEP this would make me nervous owning the shares as a long-term investment at the current share price. For me, the non-cyclical parts of AEP such as medical are not yet big enough to offset the big risk of getting badly burned when commodity cycles turn downwards. This leads me to view the shares as of more interest to traders than investors at the moment. This is a shame, as I think there is a lot to like about this company. So more of a traders share than one for the long term investor is Phil's take. Just posting for interest as quite a lot of detail. You will have to make your own mind up about the future. It has already risen above the price at the time of writing the article.
lauders
22/11/2017
11:55
Sold out this morning chaps at 402p bought in twice at 226p and 306p. Great return plus the divis too. Fenner has been very kind to me. Good luck all holders. Think it will have a bit further to go yet. Always leave a bit for others is my motto.
1fox1
22/11/2017
11:28
Finally! All 5 Intermediate-Term chart signals since 29 Nov 2017 are Bullish. Long-Term target of 420 does not seem so long term now.
turbocharge
22/11/2017
10:13
through £4...
wynmck
22/11/2017
00:55
Well done for getting to break-even TC. Hope you will be in profit soon. I bought many years ago too. Watched it drop to the 100p area and then enjoyed it climb back up and past my buy point. I should have bought more as it dropped in hindsight but didn't! Ah well, I can't complain too much as I am now around 50% up and I am sure there is a lot more to come. Had a few dividends too along the way although when I started the yield was good and that is why I invested mainly. Then they cut the dividend the price dropped even more. Now the dividend is gaining strength again too. I might reconsider when I am 100% up ;-)
lauders
21/11/2017
16:18
I bought many years ago, and now reaching break-even as it edges towards the £4 mark!
turbocharge
21/11/2017
15:30
I added fenner to my list two weeks ago and so far happy to keep it long term.
ashehzi
20/11/2017
13:16
17 Nov 2017 Bullish Short-Term Commodity Channel Index and Momentum signals Bullish Itermediate-Term MACD signal 24 Aug 2017 31 Oct 2017 Bullish Long-Term signals indicating a price target of 420-440...
turbocharge
20/11/2017
08:39
Citigroup Buy...ups tgt to 425p(400)
wynmck
16/11/2017
01:50
TMF but still worth a read: Http://www.fool.co.uk/investing/2017/11/15/one-stunning-growth-stock-id-buy-alongside-fevertree-drinks-plc/ Of course, we live in a politically and economically uncertain world, but I’m encouraged by Fenner’s progress and delighted that the directors now expect next year’s trading to come in “above its previous expectations,” a phrase that’s music to the ears of investors far and wide. At a share price near 364p, Fenner trades on a forward price-to-earnings (P/E) ratio of almost 19 for the current trading year to August 2018, not cheap, but fair for a company performing so well. I think the firm is well worth your further research and the stock could make for a more comfortable hold than, for example, Fevertree Drinks (LSE: FEVR), which has a stratospheric valuation.
lauders
15/11/2017
11:41
pennant forming on the daliy chart just needs a push now and it'll breakout wc
woodcutter
15/11/2017
11:16
If we remain at this level or go higher by the close it will be a 3.5 year or so high. With such a good set of results today we will hopefully be back on the way to the 480p levels reached in 2011 and again in 2014 by the look of the chart. May even breach 500p for the 1st time ever! Go FENR ;-)
lauders
15/11/2017
09:54
400+ now in sight
turbocharge
15/11/2017
09:16
i would guess that eps next year would be over 21p which puts it on a lower per than the last few years at the current share price got to be further upside from here. chart hitting resistance so a breakout and we're away woody
woodcutter
15/11/2017
09:05
Nice results. As well as the lowly valuation, the chart looking in breakout mode too.
thorpematt
15/11/2017
09:04
Yes Fenner is very understated so this level of enthusiasm is well founded optimism about the future prospects. The dividend rise should also be seen in this context IMHO.
meijiman
15/11/2017
08:56
Absolutely fantastic results and i think despite the share price rise this morning investors haven't yet woken up to just how good they are and how much further the share price could go given that they expect to beat next years current forecasts. FENR gross margin improved from 28% to 31% revenue growth 14.5% admin costs reduced by 25% net debt reduced by 32% dividend increased by 40% pbt £38.1m ..........cash generated from oprations after wc £88.1m retained earnings went from £159.2m to £216.4m very strong performance if you ask me.......................sorry i appear to be ramping but they are very good results woody
woodcutter
15/11/2017
08:37
Tremendous. I've read through it and it's the most positive they have sounded for years.. Expect upgrades to forecasts.
meijiman
15/11/2017
08:11
- Fenner's underlying operating profits rose by 59% to £59.1m in the year to the end of August. Revenues were up 14% at £655.4m and the group posted an operating profit of £53.4m compared with a loss of £14.7m last time. Other highlights: - Underlying pre-tax profit of £45.3m (up 95%) and underlying earnings per share of 17.7p (up 111%) - Free cash flow of £69.0m (up 78%); net debt of £101.5m (2016: £150.0m), representing 1.2 times EBITDA - AEP like-for-like revenue up by 11%; underlying operating profit of £43.9m (up 29% at constant currencies) - Increased final dividend of 2.8p (up 40%) making total dividend for the year of 4.2p Chief executive Mark Abrahams said: 'The group's results for 2017 show significant improvements over the previous year on all measures. 'These improvements illustrate the strength of the group's responses to the difficult trading conditions faced by the group in many of its principal markets over recent years and particularly reflect our continuing commitments to customer service, product development and operating efficiency. 'As we enter the new year, the outlook is strengthening. 'The group's momentum is being maintained with each of our businesses seeing opportunities and encouraging developments. 'We believe the coming year will see further progress across the group, notwithstanding the significant macro-economic uncertainties around the world. 'Overall, given the structural growth opportunities that the group has created, the board anticipates that the outcome will be above its previous expectations.'
broadwood
15/11/2017
07:39
Strengthening outlook and likely to perform ahead of previous expectations. Nice. ...As we enter the new year, the outlook is strengthening. The Group's momentum is being maintained with each of our businesses seeing opportunities and encouraging developments. We believe the coming year will see further progress across the Group, notwithstanding the significant macro-economic uncertainties around the world. Overall, given the structural growth opportunities that the Group has created, the Board anticipates that the outcome will be above its previous expectations...
paleje
13/11/2017
16:18
Pretty positive article for Fenner in yesterdays ST:- Trump’s love for coal lifts Fenner John Collingridge November 12 2017, 12:01am, The Sunday Times The demise of King Coal has not been kind to Fenner, the East Yorkshire maker of conveyor belts. The fuel that powered the Industrial Revolution — and helped Fenner grow from its humble beginnings in Hull in 1861 — is going out of fashion fast. Governments from Westminster to Beijing are attempting to clean up their power generation with curbs on coal. The commodity price crash of 2014 left the engineer on the ropes, as plunging demand for minerals and oil and gas slashed demand for its belts, spare parts and hydraulic seals. Fenner hit its lowest ebb in early 2016, after a string of profit warnings that left its shares trading at just 98.5p and forced deep cost-cutting. Investors who had the guts to plunge in then are sitting pretty. Its shares have more than tripled in value, and now stand at 335p, valuing it at £650m. Swiss activist investor and 6% shareholder Teleios has been a beneficiary, and now has a seat on its board. Donald Trump’s love affair with coal has helped propel its shares north, as has the recovery in the oil price and America’s growing rig count. Saudi Arabia’s recent political purge has given the oil price another shot of adrenaline, which should feed through to Fenner’s order books. This week’s full-year results should show more momentum, as well as another hike to its dividend. Cost cuts have created a business that ought to generate significant cash when orders start to flow. Analysts are factoring in a total payout of 4.2p per share, up from 3p last year, but if free cashflow improves further and debt continues to fall, there could be more scope for dividend growth. Fenner is not just about conveyor belts. Its widgets division covers a broad spread of industries. They range from the seals used in liquid natural gas production, to parts used in keyhole surgery. While sales there have been falling, profits and margins are in the ascendency. Fenner is on the hunt for acquisitions, something unthinkable just a few years ago. The company has been a perennial on the stock market since its float in 1937. Its 62-year-old chief executive Mark Abrahams is not quite of the same vintage, but has served an impressive stint on its board, since joining in 1990 as finance director. His plans to step aside have been complicated by the departure of his replacement, Nick Hobson, with illness. Fenner needs clarity on a replacement for its veteran boss, but its prospects are bright. Buy.
paleje
10/11/2017
14:53
Yes I think that would be a good move. Capex cannot be postponed for ever in the mining world.
meijiman
10/11/2017
14:03
Wondering if I should top up - a couple of Bullish Long-Term chart signals (24 August an 31 October) suggesting a price target of 420-440...
turbocharge
10/11/2017
13:57
Thanks Lauders. Really appreciate that. Sure, I should have looked at it in more detail.
ashehzi
Chat Pages: 214  213  212  211  210  209  208  207  206  205  204  203  Older
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