Johnson Matthey Share Discussion Threads

[drew lonmenob] 14/12/2021 12:52

ooohh

hit a nerve havent I loser

[drew lonmenob] 14/12/2021 12:41

so speaks the loser who constantly backs the wrong horse - EU and Neil Woodford


lol

[professor john koestler] 14/12/2021 12:40

Porsche

I agree that Brexit is a disaster and in hindsight your investments look rather astute but in reality you have ignored the risks you have taken in order to get those returns. You've had QE and supportive central banks to help you over a couple of decades. The art of Terry Smith will soon meet its end.

[tomps2] 09/12/2021 09:17

Andy Brough interview with PIWORLD

Andy Brough mentions Johnson Matthey #JMAT in the latest PIWORLD interview at 17m18s

Watch the video here:

Or listen to the Podcast here:

[action] 06/12/2021 10:05

Johnson rallycstarted around 1600p.Could this be the bottom?

[blue59] 06/12/2021 09:57

Thanks for that, one never thinks to look at the charts before reading the invaluable comments.

[action] 06/12/2021 09:53

Going only one way . DOWN. anyone knows next resistance levels ?

[fuji99] 02/12/2021 16:48

How its exit from the battery business will affect its numbers in the future ? Is this why the share price is adjusting accordingly ?

[stutes] 25/11/2021 08:39

Today's Times reports the Head of the catalytic converter business is leaving because she failed to secure CEO post.

The FT mentioned JM spinning of the hydrogen business but if that happens what is left to attract investors?

[stutes] 24/11/2021 14:09

hxxps://www.stockmarketwire.com/article/7222413/Johnson-Matthey-swings-to-H1-loss-amid-pound314m-impairment-from-battery-materials-exit.html

The business is going to need time to turn itself around but the City could end up treating JM like the "old" M&S?

[blue59] 24/11/2021 13:33

Don’t both trying to have a rational discussion!

[professor john koestler] 24/11/2021 10:17

I sort of half agree with you Porsche but most of the US market is well over valued.

There is value here in the UK and many of the FTSE 100 companies live on world-wide earnings so surely the negativity towards the £ and the UK in general allows world-wide cash generating assets to be purchased on the cheap, no?

What stocks do you recommend in the S&P just out of interest.

[porsche1945] 24/11/2021 10:04

Traded this last year but don’t like the biz, trading op again under 20 quid. It reflects the ftse 100 in general, terminal. The index same price it was Dec 1999, pitiful. U.K. pretty much doomed, low productivity, brexit fiasco, led by a fat wheezing imbecile, parabolic inflation and taxes, utterly useless BOE and sterling in terminal decline. Stick to the S&P and Nasdaq, U.K. for trading and shorting purposes only.

[professor john koestler] 24/11/2021 09:59

But it is the car industry that seems to be the focus still, right? Not many car manufacturers make money. Appalling sector for investors. Doom gloom. Doom gloom. Algorithms still pushing this stock down.

If everyone and his dog is entering the electric vehicle market then returns will get squeezed for all concerned except perhaps a few main brand winners and suppliers with monopoly positions.

JMAT did well in its auto cat business and stands to receive good cashflow going forward. Everybody can not go out and buy electric cars tomorrow. Goods vehicles/long distance users still have issues. Hybrids will continue sales. Electric infrastructure/hydrogen infrastructure needs billions in investment and a lot of catching up to do.

JMAT still has good tech that is much needed and can accelerate its competitive advantage in these areas.

I'm building a holding although I must admit I haven't done any intrinsic value calculations of late. Too busy with other stuff. I'll get around to it.

[professor john koestler] 24/11/2021 09:49

So market cap £4.2bn. Share buyback announced of £200m. Projected cash flows from Clean Air over the next decade to be approximately £4Bn. Strong balance sheet. Buy today you are roughly getting Efficient Natural Resources/Blue Hydrogen/Green Hydrogen for free.

[paulisi] 24/11/2021 08:09

Glass is gone, health is going. Big push on green - more positive than I expected.

[officerdigby] 24/11/2021 08:01

OK yes what you thin today?

Sold Glass.. too buy own shares..

[jonny_wright] 23/11/2021 08:24

Death spiral continues

[quepassa] 22/11/2021 14:03

Good luck all but combination of factors makes this a very uncomfortable place to be.

Cannot rule out that the share price drop will continue and that share price will halve (or more )from recent £30 highs. Not untypical for shares to halve when companies pull out of a strategy or product which the market had thought was the main growth driver for the future.

ALL IMO. DYOR.
QP