GKN Share Discussion Threads

[cockneyrebel] 12/9/2012 21:43

EADS in merger talks with BAE systems - might stir interest in anything connected with aero/defence tomorrow imo.

CR

[thorpematt] 12/9/2012 21:32

Interestingly:-

[cockneyrebel] 12/9/2012 10:00

Cheers shauney.

Through the recent high here today.

CR

[shauney2] 11/9/2012 14:56

GKN included here.

[cockneyrebel] 10/9/2012 19:19

a trade delayed from Sep 6th.

CR

[ladywormer] 10/9/2012 18:44

What is with the two 10 million transactions recorded after hours?

[cockneyrebel] 10/9/2012 11:43

UK Manufacturing shows signs of recovery.

With GKN having a trading update in Oct I think investors will be buying GKN ahead of the Oct t/s

aftter the strength of the interims and the anecdotal news of a manufacturing recovery imo.

CR

[cockneyrebel] 07/9/2012 08:34

Breaking out through the recent high

CR

[nil pd] 06/9/2012 16:44

Excellent day of recovery.

Clearly very compelling reasoning underpinning the brokers' notes and price targets. It's reasonable to expect a great deal more to this re-rating in the coming days and weeks.

[cockneyrebel] 06/9/2012 11:29

Germanm manufacturing rises 0.5% month on month in July.

CR

[cockneyrebel] 06/9/2012 10:23

Next leg up starting - UK manufacturing stronger than expected too

CR

[cockneyrebel] 03/9/2012 11:37

UK manufacturing surprisingly rises in August.

CR

[cockneyrebel] 31/8/2012 14:43

Was just going to post that Phil0124

Nice

CR

[philo124] 31/8/2012 09:35

Jeffries 275p target mantioned on CNBC.

[northernlass] 30/8/2012 14:06

GKN Benefits From Re-rating

GKN BENEFITS FROM RE-RATING COMMENTS

GKN hit its highest since March this month after JPMorgan Cazenove, its joint house broker, saw scope for a re-rating.

The engineer's purchase last month of Volvo's aero engine business for £633m means aerospace will provide about 40 per cent of group profits next year, JPMorgan said.

"GKN is widely regarded as an auto components business," said the broker. "Typically, aerospace companies trade on significantly higher valuation multiples than auto-related companies."

Yet GKN was being valued at just 6.8 times 2013 earnings and 0.6 times sales, making it among the cheapest stocks in the sector, JPMorgan told clients. "We believe current valuation of the group fails to fairly reflect the marked improvement in profitability or the richer business mix as a result of the acquisition of Volvo Aero."

JPMorgan put a 255p target on GKN shares.

Source:



P.S.
Here's some links about SCLP, one of the hottest stocks at the moment:

[cockneyrebel] 17/8/2012 08:38

Looking rather good imo - nice bowl

CR

[cockneyrebel] 16/8/2012 16:54

Cheers

CR

[philo124] 16/8/2012 14:49

Panmure up TP to 260p.

[cockneyrebel] 10/8/2012 13:02

Breakout - small pullback then big rally is how it usually goes imo

CR

[thorpematt] 08/8/2012 10:17

Ex-div today.

GKN is fundamently undervalued IMO. I intend to hold until it becomes the reverse.

Meanwhile I view it as a FTSE tracker with dividend.

happy days.

[cockneyrebel] 07/8/2012 11:07

235p resistance level likely to get tested after this break out imo, over the short to medium term imo.

CR

[cockneyrebel] 07/8/2012 08:16

Breaking out - impressive.

CR

[philo124] 06/8/2012 15:47

What, again?