Porvair Share Discussion Threads

[owenski] 01/2/2012 10:28

Good read that Shauney, ta

[shauney2] 01/2/2012 09:37

From the Eastern Daily Press

[pedr01] 31/1/2012 14:19

Need the next forecast upgrade to take into account Record Order Book, Increasing Margins etc ...

[dolphinspirit] 31/1/2012 09:52

Good to see my prediction was wrong yesterday, lets hope this is the beginning
of a long upwards trend.

Bookbroker. I know the Italian investor is a rival filtration company though
I can't remember the company name at the moment. They are interested in getting
into the aerospace side of the business, currently they are better known within
the gasification sector.

D

[bookbroker] 31/1/2012 09:29

Rise in pension deficit also a nuisance, this issue applies to so many cos. these days that it is almost becoming a obligatory factor as to whether a co. should be deemed a sound investment irrespective of the rising contributions that cos. are faced with in fulfilling their priorities to close these funding gaps.

[wynmck] 31/1/2012 09:28

Peel Hunt reiterates Buy,raises tgt from 112 to 122p

[bookbroker] 31/1/2012 09:18

Surprised to see this come off, as somebody said, dysfunctional market we live in, find the prescence of that Italian shareholder a bore, if it is a strategic investment then act , otherwise I am sure there would be willing takers, have tried to discover a little about whether it is corporate or merely an investment vehicle, very little information gleaned.

[tratante] 31/1/2012 08:21

looking towards the long term as well "$25m contract won to supply filters onto the Boeing 787 over the next 15 years"

[333dan] 31/1/2012 08:18

Nice rise here on the back of excellent results. I expect to see a further sustained rise by the end of the day

[lurki0] 31/1/2012 07:52

What the share price does in the short-term is an irrelevance. For over a year now the market has been as irrational as it has been dysfunctional.As I've posted before, this is a superbly managed company with a range of highly unique products. If you don't currently own it I think you're missing out on a high-probability chance of growing your capital. Still, each to his own etc. The results are impressive.

[bookbroker] 31/1/2012 07:49

They beat the forecast, what is particularly impressive is the cash generated, £8.1m, shows that margins have improved significantly.

[michaelwhight] 31/1/2012 07:25

excellent results and given the multiples I don't see why this shouldn't make 115 today

[owenski] 31/1/2012 07:18

Rather good results, with attractive products and prospects and a very positive outlook. Hope this will resume an upward rating, we shall see.

[stonethecrow] 30/1/2012 22:39

Oh yes thats right resort to nasty tactics.
One time this company shares are going down.
The next time the positive posts are best.
See you make your stupid mind up.
Yes up like PVR in the opening hours.

[bookbroker] 30/1/2012 20:59

Only reservation is major earnings alert during trading day of one of the Chinese alumina producers, likely irrelevant, but highlighted on CNBC, one of the factors being weakened margins as a result of pressure on aluminium prices.

[bookbroker] 30/1/2012 20:26

Deal is that commodities are on the up, so is supposedly demand which should provide better visibility for metals filtration side, particularly with regard to Posco contract, earnings of which should show marked improvement from 2013 onwards. Along with that airline manufacturing should have a positive impact on the microfiltration division, and on top strong cash flows further reducing net debt levels. Be disappointing not to see a few pence on the price tomorrow providing management as positive as they were late 2011. Let's face it, this co. may be a small fry in the corporate world, yet they have some pretty strong products technologically within their portfolio.

[shauney2] 30/1/2012 19:15

Nothing would surprise me Dolphin.
I added after the last trading update as i had done last year expecting a repeat of the rise then a sell off into the results.I was surprised at the drop after the very positive update.

[333dan] 30/1/2012 16:22

I disagree with you Dolphinspirit. I'm expecting to see a rise tomorrow. This company is back on track after a challenging few years and I believe the share price is set to reflect this in the coming weeks and months.

But who knows... I guess we'll find out tomorrow morning.

GLA and DYOR

[dolphinspirit] 30/1/2012 15:59

So how many points is this share going to drop tomorrow?
And yes I am expecting good results, it's just that I've been holding onto
these shares for years and every time the results are released the pris drops.

I'm expecting 98p come close tomorrow, bottoming out around 93p come the end
of the week.

Any thoughts?

D

[stonethecrow] 28/1/2012 18:47

Best results for Porvair thanks

[stonethecrow] 28/1/2012 18:00

Best to read this
Pre-close trading update

Porvair plc ("Porvair")

Pre-close trading update and acquisition

Porvair, the specialist filtration and environmental technologies group, makes the following announcements regarding trading for the year ended 30 November 2011 and an acquisition by its Seal Analytical ("Seal") subsidiary:

Porvair traded well in the final quarter of 2011 and the Board expects to report results ahead of expectations for the year. Revenues for the year, at constant exchange rates, are expected to be 9% higher than the prior year and profit before tax is expected to be substantially ahead. Strong cash flows have reduced net borrowings by more than 40% compared with the prior year to below GBP5.5m.

Revenue at the Metals Filtration division, at constant currency, will be over 15% higher than the prior year. Operating profit has improved significantly compared with the prior year due to revenue growth and higher margins derived from new products that have been introduced in recent years.

Revenue at the Microfiltration division, at constant currency, will be around 5% higher than the prior year. Aviation filtration revenue grew strongly in the year and order books for 2012 are encouraging. Seal has traded satisfactorily in the second half with revenues in line with the prior year.

Underlying order books across the Group for the first quarter of 2012 are healthy with the recently announced order from POSCO taking the current order book to record levels.

On 5 December, Seal acquired a complementary product line from Aim Lab Automation Technologies Pty Ltd. The acquisition will add a line of block digestion instruments and consumables to Seal's range of water quality analysis products and will be sold through Seal's existing distribution and sales channels. Production and customer service will be transferred to Seal's facility in Wisconsin. This small transaction is expected to contribute to Group profitability from acquisition.

Porvair will announce its preliminary results for the year ended 30 November 2011 on Tuesday 31 January 2012.