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Share Name Share Symbol Market Type Share ISIN Share Description
Johnson Matthey LSE:JMAT London Ordinary Share GB00BZ4BQC70 ORD 110 49/53P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -37.00p -1.21% 3,014.00p 3,013.00p 3,014.00p 3,054.00p 3,012.00p 3,034.00p 75,342 13:06:46
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 14,122.0 320.0 155.2 19.4 6,176.22

Johnson Matthey Share Discussion Threads

Showing 551 to 573 of 575 messages
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
DateSubjectAuthorDiscuss
21/11/2018
16:52
Liberum Capital Reiterates Buy
minerve
21/11/2018
16:50
Citi: These are a robust set of results showing that the share gains in LDV diesel are able to drive material EPS growth, together with HDD. We think these results imply modest (0-5%) consensus upgrades. We expect the business to recover most of the one-time item hampering working capital and therefore FCF in the half. In clarification, JMAT has detailed further its contingent liabilities which relate to only 2 customers and notes the failures have not been demonstrated to be due to the coated substrate supplied by JMAT. JMAT believes it has defensible warranty positions in the matter, highlighting that any impact should be limited. With tighter emissions legislation in both HDD & LDV providing a positive backdrop for growth both near-term and medium-term in addition to their potential in cathode materials, we think the current share price continues to under-estimate the growth potential of the business– BUY.
minerve
21/11/2018
16:49
Yes, good results. I had actually sold out but reversed the decision and bought back in. I was concerned about the automotive sector but LDV business strengthening it seems.
minerve
21/11/2018
07:46
Good results
gateside
17/10/2018
11:41
Citi In November 2017, JMAT settled with no admission of fault in relation to a claim following being made a defendant in contract dispute lawsuit alongside a supplier to an automotive OEM in the US. We judge this provides limited insight into the current situation given that this focused on light duty trucks, not heavy duty. In short, there are many moving parts, around which little is understood at this point. We see this as a short-term negative for sentiment but should not detract from significant earnings growth ➡️ (12.8% CAGR FY18-21E) ⬅️ we expect from JMAT driven by the emissions abatement step-up for HDD, especially in Emerging Markets with China IV-a taking effect from July 1st, 2019 and Bharat VI after April 1, 2020 as well as in LDV in Europe with Euro 6d in 2020, where early adoption is likely, and the increasing market shares JMAT has announced in both diesel and gasoline.
minerve
03/7/2018
17:11
1st buy for this stock for me this evening at 35.5.I see close to 400000 shares bought after 4.30 close today.....is it normal for this stock?
mp79
03/7/2018
07:34
Where is everybody?
miss womble
06/6/2018
07:09
No details. tis hidden.
officerdigby
05/6/2018
20:53
xxx Just the results presentation. I would assume you will not find much about their chemistry because of course it is their intellectual property and they want to protect it.
minerve
05/6/2018
19:06
Thanks, but I am interested in the chemistry. Thus apart from saying it will use less cobalt, I can't see further details, or are you thinking of a different presentation ?
xxx
04/6/2018
21:22
xxx If you watch the results presentation it would be a good start as they have a few slides there.
minerve
04/6/2018
13:45
Does anyone know where I could get further info on their battery business ? TIA
xxx
02/6/2018
10:50
Minerva With regards to btg, yes still watching and waiting. I am expecting the next 12 to 18 months to be absolute carnage. Hope to re-enter at £4, the IM business (excluding Varithena) is a gem.
cockneytrader
01/6/2018
14:56
They have missed a trick! Their cathode material, eLNO, not commercially available until 2021/22, and only 10,000 tonnes per annum. Compared to their peer, Umicore, who will be producing 100,000 tonnes by 2019 and 175,000 tonnes by 2021 (mainly NMC811). The catalyst business of both companies will begin to reduce significantly post 2021.
cockneytrader
01/6/2018
07:59
Satisfactory"... In the coming year we expect mid to high single digit growth in operating performance. The changes we are making as we continue to develop our business give me confidence in our strategy to deliver, over the medium term, mid to high single digit EPS CAGR, expanding ROIC to 20% and, as a result, a progressive dividend."
loftus16
01/6/2018
05:45
Good results yesterday
gateside
31/5/2018
11:05
Good in-line update today. Morgan Stanley: Johnson Matthey's H2'18 results were in line with consensus throughout; reporting sales (ex. metals) of £1,993m, and EBIT £275m, versus cons. of £1,993m and £273m respectively. Johnson Matthey's FY'18 dividend of 80p was 2.5% ahead of consensus (78p). Divisionally Clean Air was ~5% ahead at EBIT given strength in HDD markets, as well as LDV, offsetting the weakness in Health, which was impacted by inventory destocking, and optimising production footprint. YE net debt of £679m was down £212m from 1H ’18 level of £891m, and comfortably below cons. of £797m. This was driven by lower capex of £217m (vs FY ‘18 guidance of £285m) due to capex discipline and project phasing. Net debt incl. pensions was £725m, or 1.1x EBITDA, below JM’s target range of 1.5-2x. Working capital outflows were £158m, impacted by a precious metal outflow of £82m from higher prices and volumes. Guidance calls for mid to high single digit EBIT growth at constant currency, implying at the midpoint FY'18/19 EBIT of £564m; which when adjusted for £6m FX headwind is a touch ahead of consensus (£556m). Bottom line: fears over weak cash flow and escalating capex have not materialised, margins are improving in Clean Air, and new guidance underpins consensus and may yet prove conservative. In cathode materials, the company remains confident around its emerging eLNO technology, and sees its proposed 10k mtpa project as "just the beginning". ➡️ For the returns and growth on offer, JM remains one of the most attractive stocks in EU chemicals, we think. Overweight. ⬅️
minerve
31/1/2018
23:16
Nice to see it evolving. I originally invested because of the promise catalytic converters held quite some years ago.
loftus16
31/1/2018
18:15
It will be interesting to read further into the divestment announced today and what implications it has for the company going forward. Share acted positively to the announcement. I like the diversification this share offers to my portfolio.
minerve
31/1/2018
18:03
Certainly been on the up over the last month and on today's new.
luderitz
30/12/2017
20:45
Tipped in Times today as New year tip
9degrees
22/9/2017
09:12
Who knows? LOL I am only relaying what I read in the FT.
minerve
22/9/2017
09:08
No price-sensitive information was disclosed then!
edmondj
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
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