Plastics Capital Share Discussion Threads

[the anteater] 25/6/2013 08:36

I can't see the 16% tax rate lasting! - this could mean another year of low earnings growth imho.

[davidosh] 25/6/2013 08:23

Electronica....Why not join us for lunch tomorrow and speak to them personally?

[electronica] 25/6/2013 08:05

Huttonr


"Not quite the picture that we were promised this time last year"

It's been longer that that. 3 years ago Faisal & Nick promised me personally good organic growth & a return to the acquisition trail.

I'm still waiting, but I'm well in profit over 3 years. The last 18-24 months have been far too pedestrian though.

C'mon guys, get a grip!

[huttonr] 25/6/2013 07:44

Well, still jam tomorrow, but at least the debt is still reducing and sales have kept up reasonably. Not quite the picture that we were promised this time last year but I suppose that the school report should be 'he is trying'

[davidosh] 24/6/2013 00:01

A lunch and presentation if any of you are in town on Wednesday...

[cerrito] 11/4/2013 07:16

Had not spotted the recent share price increase nor indeed the IC tip; I guess this shows people listen to the IC
Like you Shanklin always a bit suspicous of the term broadly in line which they repeat today as they did in January.
I see from Digital Look that there have been no change to forecasts in the last 3 months; eps in 12/13 are forecast to be 11p rising to 13.6p in 14/15 ie 20%odd over 2 years but not pa.
Do not expect any further increase in the sp
As I have said before they have to run hard to stand still ie CCTV/Turkey new business great but as they say in W Europe they are going backwards

[shanklin] 05/4/2013 14:31

This is the beginning of the IC article. There don't seem to be any broker forecasts on REFS to back up the "forecast" 20% p.a. growth in profits but its certainly put a rocket up the share price This is even though PLA's latest trading update gave me the distinct impression that they expect to marginally miss forecasts.

I've sold out for the present on the back of this doing quite so well today in contrast to the rest of the market. Maybe it will go on heading upwards but I'm not sure whether this is based on hot air or substantive progress.

[asagi] 05/4/2013 09:56

davidosh is correct, Plastics Capital is BUY tipped in today's IC.

Asagi (no position)

[davidosh] 05/4/2013 08:10

I think that there is a tip in the Investors Chronicle headed 'Bag a bargain in Plastics Capital'

[electronica] 05/4/2013 07:46

Something going on this morning!!

Best part of a 10% share price rise in the first 45 mins of trading.

[fangorn2] 14/2/2013 18:51

Director sale...

Whilst large in nominal terms, rather small if his remaining holding taken into account..So nothing to worry about imo.

Vessey sells 142,809 @ 81.5p/sh - Retains 2.4million.

[paulypilot] 29/1/2013 20:11

Hi,

For anyone interested, I reviewed PLA results on my daily Blog report today;


Cheers, Paul.

[electronica] 29/1/2013 20:00

Comic

Well I was certainly v impressed with today's statement. PLA finally seem to be making some progress against the headwinds of weak demand in their main markets.

The new China facility & the new plastic bearing wins were more than I expected - now let's hope that we see some of this reported momentum flow through to real results in H1 FY14.

It would be nice to see a bolt-on acquisition or 2 given that the cash flow appears to be holding up well at a time of geographical expansion & (possibly) reviving capital expenditure.

[electronica] 28/1/2013 11:29

Tom Winfrith tipped IQE in early Jan when it was trading at approx 29p.

Today IQE is 34.5p & has traded as high as 36.5 since TW's tip.

Golden Eagle - please get a little less biased Xtal Ball

[fangorn2] 28/1/2013 11:23

Golden Eagle, You also might want to focus on his "whole" tipping career. It's disingenuous,and certainly not objective to focus on a snapshot one year (most fund managers performed abysmally last year - should they still have their jobs?)

Even Neil Woodford under performs some years...but his overall trend is a healthy positive one.

What would be more interesting would be a 5yr or 10yr assessment of TW's performance for that would truly tell you how capable he is/was.

[davidosh] 28/1/2013 11:06

Just for the record....where are you getting this supposedly 'complete' list from ? Whilst not wishing to defend TW and certainly I would not be surprised at such negative performance, I do hope you are not being selective.

[electronica] 11/1/2013 11:48

I'll think that it's worth going in order to give Faisal & Nick a grilling.

Last 2 years ..................
No growth
No stepchange in business efficiency
No acquisitions.

I didn't buy in for this pedestrian performance. It's not what was sold to me by these two guys.

[tradervic] 11/1/2013 11:21

Plastics Capital to showcase at the London Innovators and Investors Forum

It is our pleasure to invite you to attend the forthcoming Innovators & Investors Forum on the 29th January 2013 at the Business Design Centre, London. This will be an exclusive invitation only event organised by Shares Magazine and Cenkos Securities.

As an active private investor, we are sure you would appreciate this unique opportunity to receive privileged access to 30 diverse, forward thinking and energetic technology companies at a single event.

Many of the exhibiting companies are currently involved in some very exciting projects in an effort to drive future growth, and development within their industries.

The event will be supported with an extensive conference program, including keynote speakers and company presentations.

We sincerely hope you are able to attend and that you find the experience both profitable and enlightening. Companies represented include:

1Spatial
Avanti Communications
Bango
Bond International Software Group
Brady
CML Microsystems
Corac
Cyan Holdings
eg Solutions
Energetix Group
eServGlobal
Forbidden Technologies
Fusion IP
Globo
incadea
InternetQ
IQE
KBC Advanced Technologies
Netcall
Optimal Payments
Plastics Capital
Probability
Quindell Portfolio
StatPro Group
WANdisco


Event time: 12.30pm to 5.30pm

Complimentary refreshments and luncheon provided

To register for this event please


CONFERENCE AGENDA AS AT 09.01.13
(To be updated once presentation speakers are confirmed)

12:30 Registration & Lunch

14:00 Keynote speaker - Richard Penny, Senior Fund Manager - Legal and General

14:15 Shares Magazine presentation - Russ Mould, Editorial Director

14:30 Company presentation - David Richards, President & CEO - WANdisco

14:45 Company presentation - Henrik Bang, CEO - Netcall

15:00 Company presentation - Marcus Hanke, CEO - 1Spatial

15:15 Company presentation - tbc

15:30 Coffee Break

16:00 Company presentation - Stephen Blundell, CFO - eServGlobal

16:15 Company presentation - David Baynes, CEO - Fusion IP

16:30 Company presentation - Stephen Streater, CEO - Forbidden Technologies

16:45 Company presentation - Charles Cohen, CEO - Probability

17:00 Company presentation - Simon Smith, Non-Executive Director - Cyan Holdings

17:15 Close

This agenda is subject to change and alterations

For further information, please visit our

[cerrito] 01/12/2012 21:53

You are right the anteater to point out that this last six months has been flattered by unrealized FX gains no doubt due to the strengthening of the £ against the Euro and to a lesser extent against the US$.
The corollary is that operating profit went down to £1.2m against £2m the year before..although not dissimilar to the £1.3m in the second half of the last financial year.
I see that operating profit in the three semesters ending 9.10,3.11 and 9.11 were in the £1.7m/£2m region.
No doubt this explains the share price being where it is compared to 90+ mid 2011.

[the anteater] 29/11/2012 11:31

I understand that there were Pre-tax profit downgrades of 5-10% to a range of £3.8m-£3.9m for 2012. I wonder if they will struggle to make those new numbers considering that the interest charge was positive in the first half despite having £11.8m of gross debt (interest charge seems to be aided by curreny translation).

[cerrito] 28/11/2012 18:19

Just kicked the figures around; can well understand why there has been no price reaction.
Revenue in the last semester the lowest of all 5 preceding semesters.
The anteater you are right that analyst forecast seems out of reach for this FY..no idea where it came from Cenkos I assume
Not adding or selling; glad to see financials getting stronger and let's hope they do not splurge on an ill advised acquisition.