Imi Share Discussion Threads

[johnrxx99] 27/2/2024 08:30

Interims Thursday - can it bust the 18 quid?

[johnrxx99] 16/2/2024 15:59

A little further to an all time high but 18 quid will be hard to break perhaps.

[philanderer] 31/1/2024 14:09

Could be a bit tricky to get above 1700p so quickly .

[redartbmud] 30/1/2024 20:39

An train wreck about to unfold.

JP - a one man unprinatble:
"IMI plc (the "Company" or "IMI") today announces that Jamie Pike will be appointed as Chair of the IMI Board and the Nomination Committee with effect from 1 January 2025"

Xpp nearly bankrupted uner hos watch.
Spx CEO succession plan - I have no words that adequately conveys my opinion.

red

[philanderer] 30/1/2024 19:03

IMI electrolyser becomes operational at university’s aviation research centre





IMI VIVO Electrolyser

[philanderer] 30/1/2024 18:48

upgrade yesterday....

Berenberg upgrades IMI on turnaround strength


Berenberg has upgraded fluid control component manufacturer IMI (IMI) on the strength of its ‘turnaround equity story’.

Analyst Calum Battersby upgraded his recommendation from ‘hold’ to ‘buy’ and increased his recommendation from £16.05 to £19.50 on the Citywire Elite Companies A-rated stock that was trading at £16.75 on Monday.

‘We think IMI is an excellent example of a turnaround equity story, where the quality of the underlying business, in terms of margins, returns and future growth profile, has significantly improved, although where this is yet to really play out is in the company’s valuation,’ Battersby said.

Battersby said that the business is benefiting from improved end-market outlooks and ‘looks to be both more resilient to periods of economic weakness –as evidenced through 2023 – and capable of a more consistent future organic growth profile’.

He is expecting a ‘material increase’ in free cashflow over the coming years as the business benefits from growing earnings, the end of its five-year restructuring programme and ‘normalising working capital levels’.

‘As evidence of this improved outlook becomes clear to investors, we believe there is clear re-rating potential for IMI,’ said Battersby.


CITYWIRE.COM

[philanderer] 30/1/2024 15:30

In for a few today and going in the right direction for a change after buying :-)

[our haven] 29/1/2024 09:48

Another broker upgrade from hold to buy this morning.

[our haven] 17/1/2024 08:13

See that we have an upgrade from neutral to buy from Goldman's.

[johnrxx99] 09/11/2023 09:03

Does anyone think a new thread with full charts would be helpful?

[johnrxx99] 09/11/2023 08:23

A few negatives thus I suspect may not end in the blue.

[our haven] 09/11/2023 07:16

Don't you just love the word upgrade.Going very well at IMI and we should benefit from this this morning IMO.

[essentialinvestor] 24/10/2023 11:55

Added a few. Very ugly markets atm and given weaker macro a change that a trading update will be less robust than hoped for.

[johnrxx99] 28/9/2023 04:47

Many thanks oh

[essentialinvestor] 27/9/2023 19:48

Ah right, thanks.

[our haven] 27/9/2023 19:18

JP Morgan issued a research note stating that IMI is a must have stock for this year, hence the price rise.

[johnrxx99] 27/9/2023 07:37

Yes, good performancw so far. Looking forward to 1600 again.

[essentialinvestor] 27/9/2023 07:20

Getting some support.

[essentialinvestor] 25/9/2023 16:32

Sitting duck for a bid?.

[essentialinvestor] 13/9/2023 11:58

IF IMI made FY consensus the multiple is 13 X.

SP factoring in weaker macro ahead may be?. Added a few in any case.

[johnrxx99] 28/7/2023 07:06

Looks to me as though those results are spot on.

Onward and upward.

[essentialinvestor] 04/5/2023 15:31

It's towards the top of my add list in any weakness, although given today's news that may
need wider markets to sell off.

[johnrxx99] 04/5/2023 14:59

Excellent update.

[our haven] 04/5/2023 08:46

Totally agree EI

[essentialinvestor] 04/5/2023 08:35

At the risk of repeating myself..the longer term transformation of this business is arguably underappreciated by the market.