Plastics Capital Share Discussion Threads

[glennborthwick] 22/9/2009 09:58

its come down a long long way. If markets are recovering as thye indicate they could make 15p next year. Would be a ludicrous pe then. Must look into debt more though.

[glennborthwick] 22/9/2009 09:57

try viagra

[mr hangman] 22/9/2009 09:23

i can't get excited

[glennborthwick] 21/9/2009 23:05

they still made 10p a share.

[beaufort1] 21/9/2009 14:03

Up 35% today, so debt priced in?

[beaufort1] 21/9/2009 14:03

Up 35% today, so debt priced in?

[stegrego] 21/9/2009 12:42

Just its got 20 million debt.
Other than that its great!

[beaufort1] 21/9/2009 11:42

Neglected share this one, which has come up with a very positive update.

[stegrego] 30/6/2009 19:21

HB:

Plastics Capital (PLA, 28p, £7.65m) Final results to March 2009 reveals revenues up 40% to £28.19m (£20.13m) and underlying pre-tax profits of £2.01m (£2.66m) with 10.0p (11.9p) EPS. Revenues were boosted by full year contributions from acquisitions and helped by overseas earning being translated into Sterling. Profits were depressed by the volatility in raw materials as well as currency effects. A very confident statement highlights that the most recent acquisition, Palagan, is trading ahead of expectations and that the market will throw up more such opportunities. There is little evidence of improving trading conditions but the group does believe that demand levels have reached a floor. The group has taken advantage of lower cost manufacturing in Thailand with the October opening of a rotating moulding plastics operation that has replaced a large proportion of product previously outsourced in the UK. Little growth this year is expected, the majority of improvement arising from full year contributions from acquired operations and better FOREX translation, giving pre-tax forecasts of £2.8m with 7.5p EPS, putting the company on a too depressed 3.7x. Key reason is the high debt at £20m which investors must note before following our Buy advice with a price target of 34p.

[silence2] 07/3/2008 16:36

Listen to the interview Resource TRIPLED news within a week.


Link

[silence2] 07/3/2008 16:36

Listen to the interview Resource TRIPLED news within a week.


Link

[silence2] 07/3/2008 16:36

Listen to the interview Resource TRIPLED news within a week.


Link

[silence2] 07/3/2008 16:36

Listen to the interview Resource TRIPLED news within a week.


Link

[compoundup] 11/9/2007 10:44

Index entry - shouldn't hurt either

[pecker1] 11/9/2007 10:13

Info about selling a stake to a black empowerment partner for Smokey Hills after the mining licence has been received. Should provide a useful contribution to the cash pile:

[route66] 09/8/2007 02:32

up early doors... steady as she goes..

[maximoney1] 06/8/2007 13:51

Price should hit an uptrend support at 1.65 imo. Next target thereafter(baring a collapsing dow) would be c2.45 imo. :)

[compoundup] 06/8/2007 12:58

Just fell out of the envelope, sssh!

[compoundup] 01/8/2007 08:39

Tap water restored last night, thanks :-) I can't quite bring myself to remove the temporary flood defences yet.

[justjules] 31/7/2007 17:24

Edward.. it was on the ASX website



Hope all is better regarding the flooding.

[compoundup] 31/7/2007 16:57

Jules, where did you find that one? Nothing on the PLA web-site so far as I can see. Nor anything in their quarterly statement dated 31 July. Was it announced by Accent?

[justjules] 31/7/2007 08:34

There is also another announcement which allows ACCENT to explore for vanadium-titanium-magnetite on PLA's exploration licence E70/2729 at Katanning

Pla retains all rights to Platinum group metals and gold

Accent is also to meet all expenditure requirements and make available to PLA all exploration results in particular those relevant to the platinum group metals

PLA retaiins a Net Smelter Royalty of an aggregate of 1% of metal sold being vanadium/titanium and any other related metals

[justjules] 31/7/2007 08:33

LONDON (Thomson Financial) - Platinum Australia Ltd said latest results from drilling at the Kalahari Platinum (Kalplats) project in South Africa found some of the widest zones of high grade mineralisation seen in the Sirius deposit.

Managing director John Lewins added that these wide intersections have potentially significant implications when considering the proposed development of open cut operation at Kalplats.