Imi Share Discussion Threads

[epsilon mojo] 26/5/2011 20:33

Big rise from WEIR today, largest on the FTSE 100 infact; IMI starting to look very undervalued in comparison.

Size of the discount unwarranted imv & sure to close over time - should be at least £11 imo.

[valediction] 17/5/2011 19:01

I did see in the evening standard it was downgraded today by someone (only glanced)

[fitdog trader] 17/5/2011 09:18

For a few seconds the price was 970. There really is a case for not using stop losses cus 10 seconds later it settled at 1038 (-3.5%). Needless to say I lost a few hundered quid on this aah

[epsilon mojo] 17/5/2011 07:23

Recovering a bit now it seems - as Corporal Jones used to say, "don't panic".

[epsilon mojo] 17/5/2011 07:08

Unusually large mark down at the open on no news?

[beckwith] 10/5/2011 15:48

A great day for IMI sp, yipee!

[epsilon mojo] 10/5/2011 15:08

That's more like it, hopefully it can stay above £11 this time.

[jamesmaggs] 09/5/2011 10:35

IMI ticking over nicely
Created: 9 May 2011 Written by: Lee Wild
Efforts to tackle rising costs are bearing fruit at engineering group IMI and first-half results are likely to be well up on last year. Reported revenue grew 10 per cent in the first four months of 2011, or 6 per cent organically, led by the group's fluid power division. And the hunt for a new chairman is over; Rexel's Roberto Quarta replaces Norman Askew in November.
What we said: Buy
When: 29 /07/10
Price: 766p
Tip performance to date: +37%
SHARE TIP UPDATE:
Buy
Trading on less than 14 times forecast earnings, the shares remain a buy at 1,053p.

[epsilon mojo] 06/5/2011 09:48

Good luck with that broadwood, not really bothered about day to day movements in choppy markets myself.

Happy to hold these for the medium term & more than enough in this IMS to keep it trending upwards towards £14 by year end imv.

[broadwood] 06/5/2011 09:32

Hopped out for a while. Hoping to get back in lower.

[epsilon mojo] 06/5/2011 06:56

Did 30p in H1 last year, so at least 35-40p this year & further eps upgrades on the back of this statement imv.

Still undervalued relative to its peers imo.

[broadwood] 06/5/2011 06:05

This'll do nicely.

Our plans to accelerate longer term growth through increased investment in sales and engineering, particularly in emerging economies, are making good progress. Our various initiatives to combat input cost inflation and build on the margin momentum of previous years are continuing to bear fruit. Overall we expect results in the first half of the year to be well ahead of the same period last year and we remain confident that the Group will continue to make good progress in 2011.

[valediction] 28/4/2011 17:58

Looks poised to, good performance today

[epsilon mojo] 28/4/2011 10:48

IMS next Friday - should be good & help push this above £11 imo.

[epsilon mojo] 21/4/2011 21:31

Drunk again valediction? ;-)

[valediction] 21/4/2011 19:48

Ha ha, yeah not sure what happened.
Computer error obviously, I better turn it off and on......

[bluebelle] 21/4/2011 19:47

So good they named it twice !

[valediction] 21/4/2011 19:45

That is a beautiful chart, it really is.

[valediction] 21/4/2011 19:45

That is a beautiful chart, it really is.

[valediction] 20/4/2011 07:28

Strong start to the day

[epsilon mojo] 18/4/2011 10:10

BT pension scheme been adding here; wise choice imo - should help reduce their deficit ;)

[bluebelle] 13/4/2011 10:26

I certainly plan to reinvest my dividend !

[epsilon mojo] 13/4/2011 10:21

Pull back below £10 not a great surprise; always a difficult psychological barrier to get past.

Still excellent value here though & 17p dividend now in the bag; shouldn't be too long before we see £11 imv.

£14 by year end still my target.