Foseco Share Discussion Threads

[yinyang42] 12/10/2005 07:08

ticked down a bit today

[yinyang42] 11/10/2005 17:55

lolololololol

[peladon] 11/10/2005 14:57

Like London buses.....

[peladon] 11/10/2005 14:54

Nope. Forecasts are for 12% to 12/06, and 18% to 12/07.

Nobody posts on this company for days then along come 3 at once (on the other thread). Bit more subtlety in the shorting please!

[kingkongsfinger] 11/10/2005 14:42

Foseco (FOSE) - gloomy outlook statement, directors selling, negligible eps growth, debts £100m. chart dont look pretty either.

[kingkongsfinger] 11/10/2005 14:32

Outlook from recent results.....outlook rubbish imho


In the Foundry business, the rate of growth in the second half is likely to
MODERATE when compared to the very strong second half of 2004. However, the
outlook remains positive.

In our Steel business, the market in North America remains UNCERTAIN but is
expected to recover towards the end of the year as the inventory position
normalises. A similar trend appears to be underway in Europe.


Looks too high

[kingkongsfinger] 11/10/2005 14:26

Forecasts are for flatish eps. Looks ripe for a kicking. Good find.

[yinyang42] 11/10/2005 14:14

yikes scary!

[yinyang42] 11/10/2005 14:11

chart looks awful!

[yinyang42] 11/10/2005 14:03

Recent director selling is grim
Target 120p imho

debts are £100m+ so enterprise value far too high

[grigor] 27/9/2005 16:59

Foseco plc, a global leader in the supply of consumable products to the
foundry and steelmaking industries, is today hosting a visit for analysts and
institutional investors to its manufacturing facilities in Borken, Germany.

[philo124] 21/9/2005 09:27

Yep, really relaxed about this stock getting to 175p
Philo

[peladon] 21/9/2005 08:14

Added some more. Chart looking very good.

[peladon] 21/9/2005 07:41

into new high territory..

[grigor] 15/9/2005 19:50

Panmure Gordon initiates coverage of Foseco with a buy rating and 175p price target

[grigor] 15/9/2005 19:48

Foseco 1H Data Very Strong - Collins Stewart

Thursday, September 15, 2005 6:21:46 AM ET
Dow Jones Newswires

1009 GMT [Dow Jones] Foseco (FOSE.LN) produced "very strong" maiden interims, with sales up 13% organically in what was hardly a vintage spell for industrial activity, notes Collins Stewart. "Margins were held at 10.7% despite heavy raw material cost increases and substantial spend on new facilities in China." Sector average is now up at 15x, "and this is at least a sector average company so our share price target is 180p." Says other brokers are starting to follow the shares and there is an analyst visit to the main site in Germany at the end of the month. Trades -0.7% at 144p.

[philo124] 08/9/2005 13:41

Good Eh?
Philo

[mapomapo] 08/9/2005 13:40

nine million shares gone thru today as ordinary trades !

[philo124] 07/9/2005 15:40

Confident of 185p target.
Philo

[pippit] 07/9/2005 15:32

Many more buys than sells yet the price goes down. MM's must have their knickers in a twist?

[pippit] 07/9/2005 10:53

Each day good long term buying for the stock which argurs well for the results on the 15th. Have just added to my long term growth portfolio.

[grigor] 05/9/2005 19:21

Corus Will Raise Steel Prices to Counter Iron Costs (Update1)
Sept. 5 (Bloomberg) -- Corus Group Plc, the U.K.'s biggest steelmaker, plans to raise steel prices next month to pass on raw- material costs to its customers, a company statement said.

London-based Corus will raise the price of structural sections, used in construction, by 20 pounds ($36.91) a metric ton. The increase will become effective on Oct.2, the statement today said.

``Raw materials are purchased at a price dictated by the global market and the constant upward pressure on costs means we have to increase prices for our U.K. structural sections,'' Jonathan Sochart, general manager for sales and marketing of sections, said in an e-mailed statement.

Corus is the first of the biggest European steelmakers to announce a price increase for the fourth quarter. Mittal Steel Co., the world's largest steel company, declined to say whether it would raise prices, Nicola Davidson, a spokeswoman, said.

Luc Scheer, a spokesman for Luxembourg-based Arcelor SA, the world's No. 2 steelmaker, declined to comment.

Iron ore prices rose 71.5 percent this year, while coking coal more than doubled. Benchmark steel prices in Europe have fallen 35 percent in 2005 to $385 a metric ton, according to Metal Bulletin.

Supply and demand favourable for FOSE?

[grigor] 02/9/2005 19:17

Foseco PLC will be releasing its Financial Results in 13 days time - 15/9/2005

[broadwood] 26/8/2005 17:02

john - good luck.

Hope to get back in at some stage - if it falls. Not wishing it on you though.