Jarlway Share Discussion Threads

[macca28] 28/3/2007 12:02

nicer spread of late, instead of the earlier 3p

[68steve] 28/3/2007 11:51

Some construction machinery info...

[68steve] 27/3/2007 10:32

Although last years finals were out late,interims were inside 3 months so could see finals in next week or so.Interims stated on target for year on year financial growth,no RNS since year end to suggest otherwise,heres hoping...

[68steve] 27/3/2007 09:54

Good results and outlook should bode well for JWY...

[macca28] 26/3/2007 20:44

just put the link to the rns up top

[68steve] 26/3/2007 13:57

Nice buying,chart looking horny again...

[68steve] 26/3/2007 11:18

Yes looks positive going forward,lets see what the market does...

[flashheart] 26/3/2007 11:11

RNS out re nice little j.v with chinese state company. All adds to the exciting prospects for this one.

[68steve] 20/2/2007 07:21

Would of been ideal time to put trading statement out,will hold off adding till next news...

[kaffee] 20/2/2007 05:54

Dunno, but can't be good with year end just gone.... there wasn't the usual "to pursue other interests" or "because of other committments" claptrap.

Oh well, stop losses in on this one just in case..........

[papalpower] 19/2/2007 07:39

Wonder why the non-exec resigned ??????......... ?



Jarlway Holdings plc
19 February 2007

Date: 19 February 2007
On behalf of: Jarlway Holdings PLC ('Jarlway' or the 'Company')


Jarlway Holdings PLC
Resignation of Director


Jarlway Holdings PLC announces that Mr. David Steeds has informed the Company
that he has resigned with immediate effect.

Mr. Wu Zhi Jia, Chairman, commented: 'We would like to thank David Steeds for
his services and intend to appoint a replacement independent non-Executive
Director in due course.'

[badgerry] 18/2/2007 23:21

100% agree with that comment. They will only make a decent price if they have buyers or sellers to match. On that basis an electronic matching system such as Australia or Canada would let us all see those trades and cut the easy money merchants out of the game and leave the real risk takers to get on with it. I speak from many years experience! Have bought JWY recently and have high hopes of a recovery to over the float price of 30p and beyond.

[68steve] 16/2/2007 12:22

Nice profit for the MM`s,could see afternoon rally...

[hattori_hanzo] 16/2/2007 11:15

Indeed. One look at the market cap shows the potential IF the business is back on track. If the next results please, I predict a riot!

EDIT: Had a closer look at this and a few doubts have crept in, so I'm out. Good luck.

[68steve] 16/2/2007 11:02

Agree,just outlining potential IF business showing strength...

[hattori_hanzo] 16/2/2007 10:55

Hi Steve

I like your enthusiasm, but let's get back to the IPO price first, before we start talking about 80p! ;-)

Having said that, if we return to the IPO price (30p) the chart suggests we should continue to push on to the mid/high 30s without to much trouble. All time high is around 48p on the day of the IPO.

Hi sandbank

I was just posting that RNS to qualify my comments as it's the last communication from the company and explains, to some degree, the depressed price. But, as you say, the situation should (in theory) be looking a lot rosier now.

This retracement is quite healthy, as we are (historically) overbought now:

[sandbank] 16/2/2007 10:49

HATTORI_HANZO: Agreed. By the way it's probably worth pointing out that the RNS you quote was dated last September. The situation is a lot better now.

[68steve] 16/2/2007 10:47

H2 should be the stronger half so possible £4m+ revenue and £700k+ pbt for year(historic)...AIM listing costs should diminish and bad debt stabilise given more % payments up front...If business remains strong £1m+ pbt in current year possible should see share price trade 65-80p range...

[hattori_hanzo] 16/2/2007 10:36

I agree, the chart looks good and they look cheap. Bought some earlier this week.

If they've got control of costs & there are no large bad debt provisions then a return to the floatation price (and above) is on the cards. I suspect growth will be impressive.

LONDON (AFX) - Jarlway Holdings PLC, which makes equipment for the
construction industry, unveiled a fall in profits for the six months to June 30
as higher costs and provisions outweighed a sharp rise in sales.
The group, which is heavily involved in the Chinese market, said pretax
profits fell to 435,000 stg from 578,000 stg a year earlier despite a 40 pct
jump in sales to 3.6 mln stg.
Jarlway blamed "higher overheads, reflecting an increased spend on sales and
marketing, ongoing costs associated with the AIM Listing and a further increase
in bad debt provisions" for the fall in profits.
Gross margins slipped slightly to 38 pct from 40 pct.
Looking ahead, the company is forecasting a reduction in costs in the second
half and reiterated the board is "very positive about current trading and
believes the company is on course to deliver a considerably improved performance
in the current year."
[e-mail]

[68steve] 16/2/2007 10:34

Snippet in Daily Mail mentions business is booming in China and busy pumping concrete up a 500-yard elevation...

[68steve] 16/2/2007 09:49

Interesting chart,not too much resistance after a little shake to 34p ish,could be good recovery play...

[the big fella] 15/2/2007 13:44

Bought back in in November having traded this short term a while back. Not sure what has spurred this recent surge but not complaining (although only bought 10K shs!)

[hattori_hanzo] 15/2/2007 13:14

Hi folks.

I've bought into JWY this week. Looking good.

[macca28] 15/2/2007 13:07

what about that then, you were spot on