Imi Share Discussion Threads

[redips2] 10/11/2011 09:07

I spotted it too!

[bluebelle] 10/11/2011 09:00

Not by me !

[valediction] 10/11/2011 07:31

Strong statement imo but perhaps it will go un noticed in all the turmoil in europe

[valediction] 27/10/2011 16:34

Lets hope today is a sign of things to come

[bluebelle] 18/10/2011 09:48

Severe Service acquisition
IMI plc ("IMI"), the global engineering group, has acquired TH Jansen Armaturen GmbH ('THJ') a business specialising in severe service valves and related flow control products, for an enterprise value of €17.5m, including approximately €5.2m of assumed debt. The consideration was paid in cash on closing.

Founded in Germany in 1903, THJ designs, manufactures and sells isolation valves for the Iron & Steel, Petrochemical, Water and Power industries. Like IMI's existing Severe Service businesses, THJ's products are typically custom engineered for specific, critical, severe service applications with significant ongoing aftermarket requirements.

THJ has 120 employees and a 10,000 square metre manufacturing facility near Saarbrücken in Germany. In the calendar year 2010 THJ made EBITDA of €2.3m on revenues of €16.0m.

THJ is highly complementary to and will be integrated with Zimmermann & Jansen ("Z&J"), which was acquired at the end of 2010. THJ will significantly enhance Z&J's capabilities as a leading global provider of custom engineered valve, actuation, and control solutions for critical in-plant processes in the Iron & Steel and Petrochemical sectors.

[blueball] 12/10/2011 15:12

Robbie Burns is buying.

[toby tots] 09/10/2011 08:25

Tipped in Times Money today!

[deanforester] 06/10/2011 16:14

Whoosh!

Looks like the analysts have realised their mistakes.

[redips2] 08/9/2011 07:59

Sorry--bit late, yes, ex yesterday--cheers.

[limit up] 07/9/2011 17:55

redips2.
hope you are correct,did they go ex dvd today?
regds

[redips2] 07/9/2011 17:34

Gap was filled yesterday--so up we go to that £11 again!?

[limit up] 07/9/2011 07:26

bought shares yesterday at 790p,they had a write up in sunday telegraph..
regds

[redips2] 06/9/2011 08:30

There is a gap---that is if you believe in them!? On balance/experience I think I do.

[nellie1973] 26/8/2011 15:11

Tipped in press today as a buy

[aztech10] 25/8/2011 11:59

At these prices IMI really is a steal!

[alter ego] 25/8/2011 06:43

very nice set of results out today

[aztech10] 16/8/2011 06:31

I can honestly see this being back at £11 very soon

[grigor] 11/8/2011 19:56

Good opportunity, Class act, I'm in

[epsilon mojo] 05/8/2011 19:04

Two wads better than one valediction? ;-)

Seriously though, this does seems to have been very harshly marked down in comparison to other similar stocks imo.

[valediction] 05/8/2011 18:42

If only I had a wad of spare cash lying around......

[valediction] 05/8/2011 18:42

If only I had a wad of spare cash lying around......

[epsilon mojo] 04/8/2011 10:32

Screaming buy at this price imo with results in a few weeks & QE3 looking more & more likely.

Short covering & fundamentals over fear coming soon imo.

[epsilon mojo] 02/8/2011 23:59

Drop appears to have been exacerbated by short selling with a surge in the amount of stock out on loan according to the chart on this page (just type IMI into the search bar below the chart):

[epsilon mojo] 02/8/2011 21:19

IMI's turn to be caught in the crossfire of a volatile & fear driven market sell off aimed predominantly at (what the market believes to be) more economically sensitive, cyclical stocks - nothing more than that imo.

Maybe we are heading for a US/European driven collapse in world growth or even the dreaded double dip recession, in which case it's game over for now.

Personally though, I feel the fear is somewhat overdone & expect a (QE3 driven?) rally at some point soon with IMI firmly at the forefront.

Could be a bumby ride in the short term though, especially with the DOW collapsing 266 to 11866 in late trading.