Porvair Share Discussion Threads

[davr0s] 11/10/2013 13:58

Yes currently making a decision as to whether to enter this one again!

[davr0s] 09/10/2013 19:33

I have noticed that some shares have a good run and then drift down in little waves and at some point they break north again. Have bought into several shares this year and benefited. Was in porvair in the spring but stopped out when it started drifting - so just a waiting game as to when the reversal takes place - it will come providing we don't get negative news

[richtea1701] 09/10/2013 17:29

Everything has had a hiding this week, more or less. If this does keep going around 210 could be very tempting. The story has not changed and management look spot on. Would see it being around 350 by the spring but then WTFDIK

[primarch1] 08/10/2013 16:32

Really has been hamered on little justification. No negative reports yet still heading down somebody wants this cheap or am I just being cynical

[mick95] 08/10/2013 15:47

Probably will go lower Richtea, now below 200sma , not a good sign!

[richtea1701] 06/10/2013 20:23

Will this dribble down much lower?

[lurki0] 26/9/2013 19:18

Excellent acquisition and agreement. The deal with Thermo 'will generate manufacturing margins and royalties on future revenues'. You bet it will. If only the news-flow on my other investments was as unremittingly positive as it is with this company. Chart starting to perk up again.

[willydoctor] 26/9/2013 16:46

;-)
Thought you'd reduced earlier in the year.

[apad] 26/9/2013 16:24

6th purchase since early 2012 Willy.

Never been gone.

apad

[willydoctor] 26/9/2013 14:40

Welcome back aboard APAD! I can't see them dropping any more - and today's news which would previously have resulted in a 5% rise went down with barely a murmur! Still - I think they probably will slide upwards.

[apad] 24/9/2013 17:30

Increased at 248.
I should commission you to trade for me WJ..!
apad

[shauney2] 20/9/2013 10:36

Just read the NT.So thanks for the heads up.
To be fair to him he says he sold at 277p.Hardly the peak as it topped out intraday above 300p at one stage.

Seems he got hit today by the fall in KWS.

[ruethewhirl] 20/9/2013 10:01

LOL funny how NT always seems to get out at the peak - always mentioned well after the fact of course ;o)

[nhp84] 20/9/2013 08:29

Naked Trader is back in a position on this after he sold at the peak stating: "statement this week was pretty confident and it should head back higher."

[apad] 20/9/2013 06:02

FWIW
R, My increase price was 240 (price/CashFlow 12) but I wasn't as fleet of foot as WJ... who bought the dip to 222(price/CashFlow 11).
Anywhere in the 240-250 range is probably fair value.
apad

[ruethewhirl] 19/9/2013 20:50

Rue doesn't buy shares in downtrends.

[richtea1701] 18/9/2013 17:24

Ok - thanks. Like the look of it since I watched it from 150. So keen to get in.

[nhp84] 18/9/2013 10:14

I think so Richtea. Chart is starting to clearly trend back up following the excellent announcement. I would target £3plus. Best of luck!

[richtea1701] 18/9/2013 07:06

Any thoughts on whether 245 is good entry price?

[woodcutter] 17/9/2013 09:33

interesting update, contemplating buying in today but will wait for the dust to settle. The operational gearing of PRV makes for interesting possibilities on the forward numbers.

Assuming 13% increase in revenue for the year and using last years H2 results and magins:

Revenue £86.4m..............@13% increase on 2012 H2
gross margin 33% this is now 34% in H1 2103
Gross Profit £28.5m
admin/oheads £18.7m a 3.5% increase, probably high as H1 2103 o/heads static.
ebit £9.8m
interest say £700K as debt reducing
tax historically around 30%.....why?
pat £6.37
eps 15p

The ratio of revenue increase to admin increase at roughly 3.7/1 could have a significant impact on eps. So at 15p per 16/17, historically been between 13 and 20 so not too onorous particularly when taking into account the potentail from the operational gearing.

Woody

post note: oheads H1 £9.7m so maybe H2 £19.4 still gives eps around 13.4p. about 20% above existing forecasts. 2012 H1 oheads higher than H2 so 15p eps maybe possible

[tudes100] 17/9/2013 09:30

Really encouraging IMS given the share price over the last 10 weeks. FY13 revenue should come in closer to £90m so should be getting some broker upgrades based on current estimates.

[blackrod1] 17/9/2013 08:02

Excellent RNS . Feel a bit for the holders stopped out yesterday . Tough school playing MM games ............