Imi Share Discussion Threads

[bluebelle] 06/12/2010 12:29

FWIW I added this morning.

[philistine] 06/12/2010 12:26

Sorry wrong forum - oops

[philistine] 06/12/2010 12:26

Avanti gets a couple of mentions in this article one man's struggle to get a decent broadband connection

[wendsworth] 04/12/2010 16:31

CocneyRebel and Beckwith : Reckon you could both be right. I'm looking to buy back in on Monday! Looks like there could be trading north of £ 10 pretty quickly. One only has to see what happened to Weir Group just prior and just following its elevation to the FTSE.

[beckwith] 03/12/2010 17:49

Could be time to top up again, another little nudge upwards today.

[cockneyrebel] 03/12/2010 14:26

ta broadwood - could see these go a lot higher then - the revisioon isn't till Dec 7th and they don't physically enter for another fortnight there on.

Tend to get a lot of buying in advance of FTSE100 entry so perhaps that's the reason.


CR

[wendsworth] 03/12/2010 13:55

b.w : Sold out yesterday...just about when you were posting ! Decided on being satisfied with a 50p profit per share and set Limit sale accordingly first thing.

If it drops back then ....?

[broadwood] 02/12/2010 14:46

They're going into the FTSE 100 at the next review. Funds buying in anticipation.

[cockneyrebel] 02/12/2010 14:36

The way these are cutting through the up-trend resistance these are going to be a tenner in no time imo.

CR

[cockneyrebel] 02/12/2010 12:45

These have broken through the uptrend resistance in the past two days - suggests they are about to start making a steeper chart.

CR

[wendsworth] 02/12/2010 08:26

Veg Man : You're SO right!

Beckwith : Much more juice in this lemon.Only my view!

[beckwith] 01/12/2010 16:37

If only we knew yesterday what we know today! Glad I didn't sell.

[veg man] 01/12/2010 11:30

Yesterday was a time to buy.But then yesterday always is.

[beckwith] 30/11/2010 16:58

What makes you think it is time to sell?

[barrygibb] 30/11/2010 13:11

time to sell me thinks
BG

[u813061] 01/9/2010 12:56

And again today

[deanforester] 26/4/2010 16:11

Another sharp rise today.

[killieboy] 23/4/2010 14:31

Keep an eye on BOY as well - sector is flying.

[beckwith] 22/4/2010 13:15

Up ,up and away. I am sure they will keep going higher for a while at least. Might struggle past 750p though IMHO.

[killieboy] 22/4/2010 10:14

Is this easy money or what!! More to come IMHO.

[deanforester] 17/3/2010 16:28

I've taken some profit today, but they are still going up.

Sold 1/4 at 641p, having bought at 254p a year ago.

[deanforester] 08/3/2010 17:11

They're off again. Up 3.4% today.

[deanforester] 04/12/2009 17:32

On the move again, up 37p on the week.

[eater24] 11/11/2009 09:13

bit confused ,buys much higher than sells , price dropping any idea why?

[cerrito] 10/11/2009 10:17

The view of Questor in the Telegraph
the economy could hit the group. And so it proved.

Soon after we tipped the company as a buy in March 2008, shares fell from 528p to a low of around 220p.

However, the company is bouncing back and is looking like a solid recovery play.

Yesterday it brought forward an interim management statement from November 18 to say that its earnings for 2009 are likely to be "materially" ahead of the market's current consensus figures.

The shares leapt by 69.7p to 529½p.

IMI said that revenues are around 18pc lower than last year at constant currency levels.

However, the actions its management has taken to mitigate the profit impact of lower revenues are continuing to have a positive effect.

The company said that low-cost sourcing initiatives and value engineering programs have reduced material prices in the year to date by around 5pc. Meanwhile, lower average metal prices have also produced margin benefits.

The group also has continued its programme of transferring more production to low-cost economies.

These actions will benefit both operating margins and earnings per share over the year and the overall levels of demand are broadly stable, although Europe remains subdued.

City analysts were impressed. Arden Partners said that the main areas of strength were the Fluid Power and Indoor Climate divisions.

The broker described IMI as a "bellwether engineer".

Earlier this month RBS said that between 2004 and 2008 IMI resembled a curate's egg – good in parts.

It believes that its drinks dispensing business will achieve better growth than it has been seeing, which makes IMI a more compelling investment case than it was.

Some analysts in the City say that their 2010 estimates remain on the conservative side due to potential headwinds in IMI's so-called later cycle businesses.

A lot depends on the speed of recovery of construction in the private sector.

The shares are yielding around 4.5pc and we think that they offer good value. Buy.