Johnson Matthey Share Discussion Threads

[zeppo] 12/1/2008 11:39

Bid talk has quietened off.

I prefer the company to stay independent and keep growing our divis long term.

z

[robson1974] 21/12/2007 15:36

very interesting

[liam1om] 21/12/2007 08:08

Well thats it for me I'm out, been a good run but I cant see a bid coming soon and its peaking out now. Good luck all holders.

[martincc] 20/12/2007 10:28

spiked up 18%, now back down.

[martincc] 20/12/2007 09:41

Up 10% on no news, into auction.
Bid rumours again??

[the mullah] 31/10/2007 10:08

There we go again. Good!

[grgkecer] 31/10/2007 09:25

Diesel car market set to boom - 30th October 2007
Diesel-powered cars with platinum autocatalysts will proliferate as European carmakers seek to comply with EU emissions legislation, it has been predicted.

[sagem] 24/10/2007 06:40

Johnson Matthey
Traders were talking of a possible £20 a share takeover, which would value the platinum specialist at more than £4bn. One name in the frame was said to be Praxair, a $26bn US gases and materials business.

A Johnson spokesman refused to comment on "market rumours", but the company's shares ended 166p higher at £18.40, with nearly 8 million shares traded. The normal daily volume is closer to 2-3 million.

Apart from the takeover talk, Johnson was buoyed by a record platinum price, pushed higher by supply worries.

[sagem] 16/10/2007 06:19

SHARE PRICE VERY UNDERVALUED AND WERE DUE A RE RATING TO MINIMUM £18 PER SHARE.

A bid would have to be minimum £20 per share and this is very likeley to happen
soon :-
///////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

Johnson Matthey moves higher on takeover rumou

By Neil Hume and Robert Orr

Published: October 16 2007 03:00 | Last updated: October 16 2007 03:00

Johnson Matthey was the standout feature in a FTSE 100 that closed sharply lower yesterday.

Shares in the precious metals and pharmaceuticals group climbed 9.9 per cent to a record high of £18.40 in volume three times the daily average.

The rise was triggered by rumours that Praxair, the US industrial gases company, was attempting to buy a stake as the prelude to a £20-a-share bid.

Sector watchers were sceptical, on the grounds that there was little overlap between the two businesses and no clear synergies.

Yet no one was prepared to rule out a bid for JM, which has a leading position in the fast-growing market for catalytic convertors.

Traders pointed out that Dow Chemical had just shelved an investor meeting, fuelling speculation that it was working on a deal.

In a e-mail sent to investors and analysts on Friday, Dow said it was making progress on "a number of exciting opportunities to deliver long-term value" to shareholders.

[pre] 15/10/2007 16:30

v.srong indeed...o/t...'IMAP' breakout today....take a look for those interested:-)

[abcd1234] 15/10/2007 16:20

Looks like v strong Buying right up to the bell ... nice ;O)
edit...slipped a % after i posted

[martincc] 15/10/2007 16:11

Still going, up 12% now

Johnson Matthey Rises on Speculation Praxair May Make Offer

By Poppy Trowbridge

Oct. 15 (Bloomberg) -- Johnson Matthey PLC, the maker of a third of all catalysts, posted its biggest gain in 5 years in London trading on speculation Praxair Inc, an U.S. producer of industrial gasses, is planning to make a takeover offer at 2,000 pence a share.

Johnson Matthey rose as much as 7.1 percent to 1,793 pence, the steepest rise since Aug. 2002, and traded up 102 pence, or 6.1 percent, as of 3:24 p.m.

``Praxair buying Johnson Matthey would make for a good fit,'' said Jimmy Yates, a trader at CMC Markets in London. Speculation of a ``2,000 pence bid does not suggest a massive premium, although the stock is trading only one pound below its all-time high.''

Nigel Muir, spokesman for Praxair, says they don't comment on speculation. ``We don't comment on market rumours,'' Ian Godwin, director of corporate communications at Johnson Matthey, said by phone.

[typo56] 15/10/2007 15:14

Taking off this afternoon due to a 2,000p bid rumour. Praxair apparently

[sagem] 15/10/2007 12:28

THIS SHOULD HELP THE SHARE PRICE :-

"Platinum ... continues to hold the most bullish forecast of the precious
complex as the already tight fundamentals could be made tighter still should
South African mine workers strike," said TheBullionDesk.com analyst James Moore.
At 11.04 am, spot platinum was quoted up at 1,422 usd per ounce against
1,417 usd in late New York trades on Friday, having earlier set a new all-time
record high of 1,425.00 usd per ounce.

[samoto] 10/7/2007 14:11

UK: IDM 10 Bagger

[cambium] 07/6/2007 08:21

No take GSK eg.

[zeppo] 07/6/2007 08:20

Good divi rise.


Will the shares be split when it gets up to £20+ ???


z

[cambium] 31/5/2007 15:30

Johnson Matthey 1,637 up 69
Citigroup 'buy' from 'hold' with target upped to 1,800p from 1,400


yep broadwood

[broadwood] 31/5/2007 10:12

Cam - Thanks for joining me in the asylum then.