ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

PVCS Pv Crystalox Solar Plc

33.10
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pv Crystalox Solar Plc LSE:PVCS London Ordinary Share GB00BJ0CHQ31 ORD 3.0206P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 33.10 30.20 36.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Pv Crystalox Solar Share Discussion Threads

Showing 7801 to 7822 of 8300 messages
Chat Pages: Latest  320  319  318  317  316  315  314  313  312  311  310  309  Older
DateSubjectAuthorDiscuss
10/6/2019
12:41
"Following the capital return the Board will consider the options available to maximise any value from the listing of Group’s shares on the Official List. Consideration will also be given to the possible cancellation of the listing."

Obviously the first one is the best option for everyone. Also Solar in general is big and growing in Germany, a country with its strong network of high end manufacturing. Therefore the obvious direction, especially considering that paid research contract is ongoing, is to explore the niche as it exists in Germany given that the PV wafers themselves are, at least for the present, totally undercut (sic) by China.

What we have is a glass and quartz cutting operation in Germany that services chip makers and the optic industry. There is no evidence I can find that the company will diversify however it has an excellent ongoing network in a growth area more generally than the above, and therefore surely it is being considered?

Rightly they are focused on their area of expertise, and on developing new customers, but I am suggesting it is highly likely that a new niche will present itself. Some of their transferables will include high quality manufacturing processes in general which includes standards and work culture in place, for example a dust controlled environment.

My guess is that they will diversify their manufacturing capabilities according to the desires of their new customers, focusing on highest areas of productivity, which could occur well outside the current specialist sector.

If they do continue, a change of name will be a part of it. I would be interested in the views of others with more specific knowledge of related sectors.

pie314159
10/6/2019
10:40
Depends how much cash they fritter away polishing the company up for an MBO I guess?
zcaprd7
10/6/2019
09:33
Management are playing at getting the best value from the assets.

They have identified wire sawing ceramics as an operation where they can get best value from the existing plant and potentially avoid closure and redundancy costs.
The lease is up on existing premises at the end of the year. If you look at them on google earth you will see that they are far too big for a 20 person operation, so they are likely to vacate at the end of the year, and are likely to have end of lease remedial costs.
Also the minor legal claim against a directors insurer should be resolved this year as will be any value from the listing.

That should leave the wire sawing business to be sold or transferred without legacy issues.

As ever the question is what is it worth.

flyfisher
10/6/2019
09:12
Always good to drip the money in usually.I suppose pvcs could actually become the next pvcs, once we figure out what management are playing at...
zcaprd7
09/6/2019
12:59
zcaprd7 I sort of like cash in a 'hole' rather than metal in a 'hole'.

I do think there must be another P.V. Crystalox out there somewhere. I am doing the rounds of the 'deep value' people/blogs/funds that I know. It is thin on the ground right now. That usually means sit on your hands.

My only new buy - timing terrible mind! is Assetco Plc.

I have got so use to buying at the wrong time, I get disappointed when I get the timing right.

konradpuss
09/6/2019
09:30
Yes, I'm not convinced by miners, but fresnillo and centamin seem to be getting the stuff out of the ground and selling it...
zcaprd7
09/6/2019
09:26
zcaprd7 - definition of a miner - a liar who owns a hole in the ground!

I am sorry, I have never bought a mining stock. I am am sure there is money in them there hills.

As to holding different currencies, I am sure sterling could go lower however I think there is a better chance in the medium term will go higher against the Euro and maybe the dollar. However never bet against the dollar.

Good luck and let me know what you do.

konradpuss
08/6/2019
01:46
I am looking at a "tin hat" portfolio, but haven't really decided yet.I have a few gold miners in mind.I quite like the idea of holding cash for a bit, but not sure about sterling?
zcaprd7
07/6/2019
20:45
zcaprd7 I am with you at £1.50.

Where is your 'folding' going from the distribution?

konradpuss
07/6/2019
11:59
Thanks for the info guys.
vk74
07/6/2019
11:39
Current nav estimate.

Year end nav 52.3m euro
distribution 42.8m euro
6 months loss 1m
current nav 8.5m euro = 104p at 1.125 fx

flyfisher
07/6/2019
11:21
Yeah, that's about correct, every 25p is like 1p old money (roughly). So my 30p prediction means about £1.50...
zcaprd7
07/6/2019
11:21
Yeah, that's about correct, every 25p is like 1p old money (roughly). So my 30p prediction means about £1.50...
zcaprd7
07/6/2019
10:53
Come join the party #TSL
bradbury3559
07/6/2019
10:29
If you don't understand this basic stuff then....blankety blank.....
eezymunny
07/6/2019
10:28
Your account will get shares with the new ISIN (1/22) x (previous number of shares held) shortly and you'll get the 24p cap return around 21/June
eezymunny
07/6/2019
10:26
If you think they're worthless give them to me!
eezymunny
07/6/2019
10:16
I don't get it. In my account I have 0 value on the stock.
vk74
07/6/2019
07:53
22 to 1 share consolidation, so 73p now is like 3.3p in yesterday's terms. Add back the 24p cash, and you're at c. 27.3p... just a little higher than it was yesterday.

..or at least that's how I see it...

steve73
07/6/2019
07:42
That's approx 3p in old money isn't it?
cockerhoop
07/6/2019
07:37
It's showing a mid price of 67.7p.

I need to put my thinking cap on.

konradpuss
06/6/2019
10:34
75%, sorry... The ownership ratio would remain the same.Although I guess they could be sneaky, and use the left over money to tender for shares?
zcaprd7
Chat Pages: Latest  320  319  318  317  316  315  314  313  312  311  310  309  Older

Your Recent History

Delayed Upgrade Clock