Imi Share Discussion Threads

[broadwood] 19/4/2012 06:43

Jefferies International IMI PLC 19/04/12 06:22 Upgrades Hold Buy 2 840.00 1,150.00

[deanforester] 02/3/2012 11:20

I never complain when the dividend is increased by 15%.

[alter ego] 02/3/2012 09:36

Current forecast is for 80.56p eps in year end Dec 2012. That's less than they've just announced so I expect to see it revised pdq. The business is clearly focussed, it knows what it wants to sell, who it needs to sell to and how to improve margins along the way. Short of unforeseen set backs in global economic activity, IMI should continue to prosper IMO.

[bluebelle] 02/3/2012 09:27

Agree. Haven't looked at the detail yet, but on the face of it these are a good set of figures.

[broadwood] 02/3/2012 09:25

Ticking up nicely on mostly positive Broker comment.

[alter ego] 02/3/2012 08:02

"Based on current market conditions we remain optimistic that the Group will make further progress in 2012."

confident outlook

[broadwood] 02/3/2012 07:23

Results look pretty satisfactory.

[broadwood] 01/3/2012 10:26

Results up and coming.

IMI announced this morning that it had spent £22m in cash on buying Brazilian isolation valve business Grupo InterAtiva, which is expected to provide a "strong platform for IMI's existing severe service isolation valve brands."

[bluebelle] 20/2/2012 11:29

Positive mention in the Sunday Times yesterday.

[bluebelle] 17/2/2012 08:57

Yes, on the face of it they seem to be a good strategic fit.

[pip] 17/2/2012 08:11

Another acquistion albeit small, this time in Brazil. IMI obviously want world domination in valves for severe applications - whatever that means! - but it sounds good to me!

[bluebelle] 16/2/2012 14:05

The only thing that worries me is my personal experience of acquiring family-owned Italian businesses !

[redips2] 16/2/2012 13:40

all good here.

[cockneyrebel] 16/2/2012 13:05

Results in a foretnight - somethhing else to add to the outlook imo.

CR

[cockneyrebel] 16/2/2012 13:01

Nice acquisition just announced for 80m Euros.

CR.

[redips2] 11/1/2012 12:57

"alive alive oh"

[wildey] 21/11/2011 19:07

Pat, although I am by no means an expert, my opinion is that there is nothing specifically wrong with the share and in normal market conditions would be trading at a much higher price, however the general market volatility holds the share back at the moment.

Big engineering companies such as IMI act very much as barometers for general consensus regarding the performance of the economy in the short to mid term. Hence if people think they see dark clouds on the horizon for the economy as a whole it will affect the share price of the company... there has been a fair amount of negative news about over the last few days (such as the potential for France to lose it's AAA credit rating, the continuing uncertainty around the reduction in US deficit, Spain/Italy/Greece).

[pat96] 21/11/2011 15:26

Does anyone have any idea why this share is falling so fast at the moment? It seems to be a good value share and the recent statement was decent. I know that things are generally a bit ropey at the moment but this seems a bit out of proportion. Excuse me for being a bit thick but I am a relative newcomer and there is obviously something I'm missing here.

[lennonsalive] 16/11/2011 13:59

Price moved lower because of this

* Jefferies cuts IMI PLC price target to 1,050.00P from 1,220.00P

So I bought in!

[lennonsalive] 10/11/2011 09:42

Ah ha!

Sales for ten months to end-October up 10 pct on reported basis

* Sees FY earnings per share in line with market expectations

* Analysts currently expect FY adjusted earnings of 71.6p/share

[alter ego] 10/11/2011 09:38

Lennons, www.investegate.co.uk/Article.aspx?id=201111100700248255R

[bluebelle] 10/11/2011 09:22

The strong statement, Lennons, but then they did e-mail it to me so it wasn't too difficult !

[lennonsalive] 10/11/2011 09:08

Order book looks fantastic this morning....ticking up nicely!

What did you spot chaps?