Goodwin Share Discussion Threads

[redartbmud] 18/12/2015 12:14

Pug

Yes still following.
Concerns:
1. 2 year turnaround, at best.
2. Poor cash flow. If T/o down why are debtors not reducing.
3. All foundries are suffering. Little chance of stealing business, and margins are likely to be eroded by overcapacity/will to keep customers in a buyers market.
4. Determination to hang onto Brazil when business is in a real slump.
5. Dividend at serious risk.
6. Rights issue?

Holding - buyer at £15?

Red

[pugugly] 18/12/2015 11:29

Cash flow looks very nasty also increase in trade debtors - no indication of possibe impairment BUT ..

Interesting diversification develpments but still very much in the area of should rather than will.

On balance a very honest set of accounts - warts adn all - but business very much under pressure -

One for my watch list but no action at this stage

Thoughs from anyone still following ?

[dangersimpson2] 19/11/2015 15:47

Wow, that would be a phenomenal entry point - can but hope.

[srpactive] 19/11/2015 15:18

If it breaks 2188p, this is heading to 1680p.

[quattro44] 24/7/2015 13:17

Wonderfully good honest company with proper engineering products that goes about things in all the correct ways and invests for the future. A breath of fresh air.

[apad] 24/7/2015 09:11

ps
bombproof balance sheet.

[apad] 24/7/2015 09:10

I disagree, sebass. It is a model of clarity (as usual) and they have positive areas. In Goodwin style "not as bad as feared" translates as a positive.
At the risk of looking a fool I reckon the market will like this after reflection.
apad

[sebass] 24/7/2015 08:42

So I have Q4 this year approx. revenue £19 ptp £3 versus last year £28m and ptp £5m. "possibility that the performance in this new financial year will not be as bad as feared" not exactly confidence boosting

[cockneyrebel] 23/6/2015 15:38

China also seems to be getting a bit more omph again too imo.

CR

[cockneyrebel] 23/6/2015 15:38

bid offer spread is often wide like that but usually trades a bit within. So probably 5% in reality and most buys modest move the bid up so it's less painful that it might look imo.

About par for small cap stocks that are rather illiquid imo, looks worse being a £26 share imo.

CR

[redartbmud] 23/6/2015 15:34

Sky

The bid/offer spread is £1.75, which is quite wide.
How does that relate to the chart, if at all?

[cockneyrebel] 23/6/2015 15:29

free stock charts from uk.advfn.com

[cockneyrebel] 23/6/2015 15:27

Chart starting to turn here?

Making another nice level of support to bounce from perhaps?

Results in July

[chrismcglone] 13/4/2015 16:23

That just about sums it up WokingBlade. I’ve been waiting a while for another chance to buy in here and this is probably a decent time. However, the oil industry and associated business is still going to be in a slump for a year or two yet imo.

Will that put me off picking up a few shares? Probably not.

[wokingblade] 20/3/2015 07:27

Patient family ownership and investment in the business for the long term will pay out over time. Short term, more oil pain on its way (IMHO) will weigh on the share price

WB
(Long GDWN)

[phat hair] 17/3/2015 18:55

Comments on the situation here?

[deadly] 22/1/2015 19:24

Recovering well, plenty more to come.

[kneecaps2] 18/12/2014 13:17

Yes reasonable figures and future statement in a difficult market and APAD they never pay an interim dividend.

[deadly] 18/12/2014 10:19

Might as well have been a profit warning!
Their statements are usually modest and the risks are generally made clear.
These look like excellent value now

[apad] 18/12/2014 09:31

No interim
profit warning for the second half.
apad

[apad] 03/12/2014 10:12

Interims in a couple of weeks, so I don't think the graph is very relevant until the news is out, bamboo, particularly as GDWN is close mouthed.
Hope not, as my holding is large (for me that is).
I believe that GDWN will be affected by the oil industry through their pump manufacturers, etc.. If this is the case then it will be a way down the line, so shouldn't show in the interims, except as a management forecast.
I also don't know the proportion that this might be, but they are very diversified.
apad

[bamboo2] 02/12/2014 23:38

If it is a H&S, then target is approx 2500