Low & Bonar Share Discussion Threads

[2walwen] 27/10/2011 16:09

How can a buy show up as a sell?

[thorpematt] 21/10/2011 23:23

deadly,
No choice but to hang back really. I'm not a chartist by any means but for me the share price has gone through any levels of support and 30p is certainly not out of the question IMO.

Specialist nature could make it T/O target...

[wjccghcc] 17/10/2011 10:06

Trading statement was okay but the tone was quite a bit more downbeat that the last one IMHO.

[deadly] 17/10/2011 09:49

Thorpematt, don't know what your charts are saying now, but I guess you're still hanging back a bit!

Support at 30p?

Pity as the trading statement today was rather good.

[tole] 14/10/2011 16:20

Waking up a little late on in the day..

[dugganjoe] 17/8/2011 08:23

interesting read..chart looking better of late

[martini] 04/8/2011 21:07

Yes margin calls triggering profit taking on gold to cover. Interesting times!

[thorpematt] 04/8/2011 19:49

deadly,
Honestly?

Hanging back just a tad. Not worried abo LWB or ITS market, just the irationality of THE market.

Euro poilticians must sort the mess and halt the fear. How...I've no idea. I can't see what you do without currency mechanisms. Therefore it has to be politicians of individual countries who must stand up and be counted and in some cases bring to bear harsh reality upon its citizens. Can you see Berlesconi doing that?

Back to LWB, it bounced of the support - that's when I would usually buy so that's a good sign IMO. See Gold price has retreated. Is this IIs looking to take profit and advatage from today's sellers? Who knows (I don't) we'll find out more tommorrow.

I think we're in a new phase, defensives look the place to be DTY (funerals), TSCO (food), stuff with forward earing visibility IRV (support services) are where I'm sat most comfortably.

"Flight to quality" is a phrase I can see when I look in the crystal ball. What's Neil woodford doing might be a good question at this point also.

GL all.

Edit: The Gold isn't off as much as I thought. Reckon that might just be utilisation of funds to cover losse elsewhere (FWIW).

[jpickles] 04/8/2011 18:54

big drop today, b#mmer

[deadly] 04/8/2011 12:17

So you're buying strongly then?

[thorpematt] 02/8/2011 21:47

Events dear boy Events.

It means that most of the world's investor are fearful of a double dip global recession driven by that fact that most of the world's largest economies have so much debt they can only just afford the interest.

So, Fear.

When the share price hits the lower trend line I shall be buying.



(which is not always a good sign but there you are)

[venture traveller] 02/8/2011 10:33

Forgive my ignorance, but 2 million shares bought on Friday, and a correction today. Does anyone know what this means?


thx

[barn owl] 29/7/2011 21:54

Interim Report 2011

Highlights

* Profit before taxation increased by 42% to £11.2m

* Underlying profits and revenues 20% ahead, after adjusting for foreign exchange movements

* Margins maintained despite significant raw material inflation

* Yarns restructuring completed and business will be profitable this year

* Interim dividend increased by 40% to 0.7p per share, reflecting confidence in growth prospects

* Further progress towards operational targets

* Improved full year outlook

These results, during a period of unprecedented raw material price escalation, demonstrate the quality of our business, its positioning and its growth prospects.

With good trading momentum, selling prices increased and polymer prices beginning to stabilise, the Group is confident of delivering another year of significant progress. We will continue to push ahead with our initiatives to deliver margin improvement and growth in our chosen niche markets and geographies in 2011 and beyond.

[jimcar] 20/7/2011 09:38

Edison report available here

[cockneyrebel] 07/7/2011 20:38

Hi Jodi.

Hard work, and lots of it - plus long hours and lots of coffee :-)

You can follow what I'm buying and doing here:



I also try to tweet several times a day if there's anything interesting together with a list of stuff worth watching for next week at the weekends on

[e-mail]

CR

[cockneyrebel] 07/7/2011 13:34

Another firm day today.

CR

[jaws6] 07/7/2011 08:24

buy of 50000 at open trade by some one

[penpont] 05/7/2011 21:44

IC comment with buy rec.

Solid growth at Low & Bonar

Created: 5 July 2011 Written by: Jonas Crosland
Shares in Low & Bonar rose almost 10 per cent after the specialist materials group pushed first-half underlying pre-tax profits up 20 per cent, despite a 22 per cent rise in raw material costs. This is significant because raw materials make up 50 per cent of sales revenue, with polymer costs tied to the price of oil.
However, of the £14.7m increase in costs, all but £4.7m was passed on to its customers through higher prices. The balance is expected to be recouped in the second half, and polymer prices are showing signs of stabilising. Operating margins were held at 6.5 per cent and management expects a rise to 9 per cent in the second half and is targeting 10 per cent by 2013.
Profits are also expected to grow following the restructuring of the loss-making yarns business after a new facility in Abu Dhabi came onstream, replacing the old facility based in Ostend that closed in June. Revenue in the core western Europe market rose 19 per cent to £116m, although the first half of last year was badly affected by the freezing conditions. The real growth is expected to come from markets like China and South America.
Numis Securities has upgraded full-year pre-tax profits estimates by 8 per cent to £23m, giving EPS of 5.6p (£18.6m and 4.4p in 2010), and lifted 2012 numbers by 14 per cent to £28.5m and 7p, respectively.

[cockneyrebel] 05/7/2011 12:10

Ta Jaws :-)

CR

[jaws6] 05/7/2011 11:54

Broker note out with numis add 78 p target,
peel hunt 95 p with buy !!!!

[mechanical trader] 05/7/2011 08:30

Chart oscilator Disparity Index shows that at present the index has a upper reach of +10 and a lower reach of -3 with the index still some way to go to reach +10 an ideal time to get on board the uptrend.

Disparity index being top oscilator and below it the RSI. Strange the labels havent come out.

[cockneyrebel] 05/7/2011 08:09

84p the next resistance on the chart - nice new recent high this am.

CR

[mechanical trader] 05/7/2011 07:59

Excelent outlook statement.