Intertek Share Discussion Threads

[bigbigdave] 28/6/2024 06:56

*GOLDMAN RAISES INTERTEK TO 'BUY' (NEUTRAL) - PRICE TARGET 6350 (5650) PENCE

[bigbigdave] 06/3/2024 16:52

*KEPLER CHEUVREUX RAISES INTERTEK PRICE TARGET TO 5000 (4500) PENCE - 'BUY'

[johnrxx99] 28/7/2023 09:47

looks alright today, lol

[adamb1978] 01/7/2023 09:25

John - I think its a very good business, but buying on a 19x PE when growth is perhaps 4%-6% p.a. means there's no/limited scope for multiple appreciation. I'd certainly be interested if the price came off 10%-20%

[johnrxx99] 01/7/2023 05:16

Surprised this isn't followed. A global leading in an area much in demand as global warming continues and a financial track record second to but a few.

Too boring for these threads I guess.

[arja] 25/9/2021 19:08

bad looking chart and more doenside but might be a temporary rally in the meantime

[salpara111] 30/7/2021 11:41

One of the most fundamental things I have learnt as an investor is, follow the market!
My opinion of the results is irrelevant, the market has spoken. This is a solid company but it does trade on pretty punchy multiples so any slight slip up will see them punished. Personally I thought that the update was fine.
I could potentially see myself buying in here again if it drops back to around 4700.

[srichardson8] 30/7/2021 09:22

Quite understand your sentiment though the numbers don't look that bad, do they? I wonder to what extent supply chain disruptions have held back recovery? The comps are against a very weak period and the OP remains around 10% lower then the 6 months to June 2019.Pretty miserable traded volume for a company valued at £8bn and nothing to get one's teeth into in the commentary.

[salpara111] 30/7/2021 08:09

Don't really understand the very large negative reaction to the results but have taken a small loss selling at 5200, no point in trying to fight the market.

[salpara111] 09/6/2021 11:52

Well, I've taken a stake at 5300. I suspect that it will be range bound for a while but if it can climb back to the 6000 line I would consider that a result.

[srichardson8] 05/6/2021 13:08

Yes very poor relative performance. I read in the morning's Times that Terry Smith had sold his position in February
though this doesn't tally with the fact that they are shown as still holding just under 5% at the beginning of March.
I would just note that the earnings recovery seems pretty pedestrian and the valuations on current forecasts hardly exciting though they are maintaining a fine RoCE. A 30% opposition to the remuneration proposals looks bad as well.
However, there was big volume (for this share) yesterday which often markes a turning point. I wouldn't be surprised if we see some recovery very soon.

[scepticalinvestor] 04/6/2021 09:48

Goodness, quality stock this, amazed at the constant drop

[apollocreed1] 24/2/2021 16:34

Why is this stock falling? There's no news I'm aware of that would push it down except for a strengthening GBP.

[thewheeliedealer] 03/2/2021 20:18

Hi everyone,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast last week and part of our discussion includes ITRK which C3 suggested and I think he is on to something.

As always we also chatted about loads of other Stocks and Ideas for research and a fair bit of educational stuff with regards to Investing and Portfolio Management. We included a bit on ‘Lockdown Fever’ which our Listeners seem to have particularly enjoyed (a bit surprising !!).

Anyway, if you use Youtube, Apple, Audioboom, Overcast, Google+ or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 41) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful, we try to keep them light and they are totally unscripted, not like all the stuffy financial fodder you are probably more used to !!

Cheers, WD
@wheeliedealer

[togglebrush] 24/11/2020 20:08

Trading Update ___which on first reading seems reasonable___ see RNS ___ FY 2 Mar 21

[togglebrush] 29/10/2020 15:38

FWIW News
'

[arja] 05/10/2020 07:26

great start and not sure why it then fell sharply ! Must be some bad news out

[srichardson8] 31/7/2020 10:37

no complaints from me