Rexam Share Discussion Threads

[wad collector] 19/4/2012 10:41

Looking at the share price chart , it is hard to imagine that this is not going to head back up to £5 in a year or so. I am holding but not adding.

[mechanical trader] 18/4/2012 09:22

REX REXHAM

Some price targets from the
brokers..........

REXAM Broker Views
Date Broker Recommendation Price Old target price New target price Notes

30 Mar Credit Suisse Outperform 436.10 485.00 485.00 Retains
26 Mar Credit Suisse Outperform 436.10 485.00 485.00 Retains
21 Mar Alexander David Securities Buy 436.10 - - Reiterates
02 Mar Goldman Sachs Neutral 436.10 400.00 470.00 Retains
01 Mar Oriel Securities Add 436.10 - 450.00 Reiterates

[mechanical trader] 18/4/2012 07:45

REX REXHAM

On the brink of a 12 month breakout...

[mechanical trader] 17/4/2012 09:44

REXAM PLC

P/E of just over 10 to 2013.

Far too cheap for a quality company.

FORECASTS 2012 2013
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Charles Stanley
13-04-12 ACCU 464.00 37.00 15.50 515.00 41.10 16.50
Seymour Pierce
01-02-12 BUY 483.60 38.70 15.40 525.30 42.00 16.70

2012 2013
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 469.55 37.48 15.47 517.92 41.36 16.56
1 Month Change 0.15 0.01 0.00 0.08 0.01 0.00
3 Month Change 0.26 -0.19 0.01 21.91 1.78 -0.33


GROWTH
2011 (A) 2012 (E) 2013 (E)

Norm. EPS 28.61% 1.92% 10.34%
DPS 5.83% 21.83% 7.01%

INVESTMENT RATIOS
2011 (A) 2012 (E) 2013 (E)

EBITDA £191.00m £755.10m £799.60m
EBIT £m £557.50m £587.40m
Dividend Yield 2.98% 3.63% 3.88%
Dividend Cover 2.90x 2.42x 2.50x
PER 11.59x 11.37x 10.31x
PEG 0.40f 5.93f 1.00f
Net Asset Value PS 15.68p 349.10p 378.20p

[mechanical trader] 13/4/2012 08:07

REX REXHAM

Broker upgrade......

Rexam FTSE 100 Industrial Buy 533 418.6 27.3% AlphaValue


SP Target 533p 27.35% Upside

[mechanical trader] 30/3/2012 09:11

Rexham REX....

Positive broker backing

REXAM PLC

FORECASTS 2012 2013
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Charles Stanley
23-03-12 ACCU 464.00 37.00 15.50 515.00 41.10 16.50
Seymour Pierce
01-02-12 BUY 483.60 38.70 15.40 525.30 42.00 16.70

2012 2013
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 469.44 37.47 15.47 517.86 41.35 16.56

1 Month Change 0.19 0.02 -0.00 0.10 0.01 0.00
3 Month Change -0.11 -0.22 0.01 21.31 1.73 -0.32


GROWTH
2011 (A) 2012 (E) 2013 (E)

Norm. EPS 28.61% 1.89% 10.35%
DPS 5.83% 21.83% 7.01%

INVESTMENT RATIOS
2011 (A) 2012 (E) 2013 (E)

EBITDA £191.00m £755.10m £799.60m
EBIT £m £557.50m £587.40m
Dividend Yield 2.97% 3.62% 3.88%
Dividend Cover 2.90x 2.42x 2.50x
PER 11.61x 11.40x 10.33x
PEG 0.41f 6.02f 1.00f
Net Asset Value PS 15.68p 349.10p 378.20p

[mechanical trader] 29/3/2012 17:03

Rexham REX

Broker Upgrade just out..........

Rexam FTSE 100 Industrial Buy 538 427.7 25.8% AlphaValue

SP Target 538p 25.8% Upside.


Very Nice.

[mechanical trader] 27/3/2012 12:26

REXHAM (rex)

Brokers still bullish on this and it
certainly is too cheap on a P/E of just
10.5 going into 2013 and NAV of 378.2p.

Derd cheap in fact.
REXAM PLC

FORECASTS 2012 2013
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Charles Stanley
23-03-12 ACCU 464.00 37.00 15.50 515.00 41.10 16.50
Seymour Pierce
01-02-12 BUY 483.60 38.70 15.40 525.30 42.00 16.70

2012 2013
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 469.44 37.47 15.47 517.86 41.35 16.56

1 Month Change 0.19 0.02 -0.00 0.10 0.01 0.00
3 Month Change -0.11 -0.22 0.01 21.31 1.73 -0.32


GROWTH
2011 (A) 2012 (E) 2013 (E)

Norm. EPS 28.61% 1.89% 10.35%
DPS 5.83% 21.83% 7.01%

INVESTMENT RATIOS
2011 (A) 2012 (E) 2013 (E)

EBITDA £191.00m £755.10m £799.60m
EBIT £m £557.50m £587.40m
Dividend Yield 2.91% 3.55% 3.80%
Dividend Cover 2.90x 2.42x 2.50x
PER 11.86x 11.64x 10.54x
PEG 0.41f 6.15f 1.02f
Net Asset Value PS 15.68p 349.10p 378.20p

[mechanical trader] 26/3/2012 15:16

REX Rexham

Upgrade from broker Credit Suisse today........

REXAM Broker Views

Date Broker Recommendation Price Old target price New target price Notes

26 Mar Credit Suisse Outperform 435.25 485.00 485.00 Retains
21 Mar Alexander David Securities Buy 435.25 - - Reiterates
02 Mar Goldman Sachs Neutral 435.25 400.00 470.00 Retains
01 Mar Oriel Securities Add 435.25 - 450.00 Reiterates
23 Feb HB Markets Buy 435.25 - - Reiterates

[wad collector] 26/3/2012 13:33

Oooh , it carries on creeping, £5 does not look so distant again now.Maybe not this yr , but I can wait.

[mechanical trader] 23/3/2012 15:17

REXAM Broker Views

Date Broker Recommendation Price Old target price New target price Notes

21 Mar Alexander David Securities Buy 429.75 - - Reiterates
02 Mar Goldman Sachs Neutral 429.75 400.00 470.00 Retains
01 Mar Oriel Securities Add 429.75 - 450.00 Reiterates
23 Feb HB Markets Buy 429.75 - - Reiterates
23 Feb Credit Suisse Outperform 429.75 445.00 485.00 Retains

[mechanical trader] 23/3/2012 09:41

REX Rexham.

Brokers bullish on the stock
and its trading on a forward P/E
of just 10.4 to 2013

REXAM PLC

FORECASTS 2012 2013
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Charles Stanley
16-03-12 ACCU 464.00 37.00 15.50 515.00 41.10 16.50
Seymour Pierce
01-02-12 BUY 483.60 38.70 15.40 525.30 42.00 16.70

2012 2013
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 469.40 37.47 15.47 517.84 41.35 16.56

1 Month Change 0.14 0.01 -0.00 0.07 0.01 0.00
3 Month Change -0.16 -0.22 0.01 21.29 1.73 -0.32


GROWTH
2011 (A) 2012 (E) 2013 (E)

Norm. EPS 28.61% 1.88% 10.36%
DPS 5.83% 21.83% 7.00%

INVESTMENT RATIOS
2011 (A) 2012 (E) 2013 (E)

EBITDA £191.00m £755.10m £799.60m
EBIT £m £557.50m £587.40m
Dividend Yield 2.95% 3.60% 3.85%
Dividend Cover 2.90x 2.42x 2.50x
PER 11.69x 11.48x 10.40x
PEG 0.41f 6.10f 1.00f
Net Asset Value PS 15.68p 349.10p 378.20p

[mechanical trader] 23/3/2012 09:25

Still in a lovely uptrend.

[mechanical trader] 22/3/2012 15:24

Closed one of my shorts in NTA
to buy some more here.

Not much as Im a bit over stretched on
a property project at the moment.

[mechanical trader] 22/3/2012 11:37

Whats the share price target.? Coome on someone
what are we aiming for given that the share price
looks about to explode through the up
trend channel ceilling.....

[mechanical trader] 22/3/2012 11:25

On a roll here.

Debatable speculative talk on other
board of take over of rex.

Cant see it personally.

[mechanical trader] 21/3/2012 21:25

Excelent recovery today still in
uptend channel.

Looking for a lot more here.

[wad collector] 09/3/2012 09:58

Hitting a 3 yr high now. Rex is one of my portfolio that I have never worried too much about - it has always seemed safe in the long run , even though I have been in the red with it until recently.Happy to hold, though short term retracement wouldn't be a surprise.

[wad collector] 01/3/2012 09:13

"Noah's Launches Oxygenated Spring Water in Rexam 12 oz. SLEEK® Cans "

Only the gullible would buy water with extra oxygen added ; it will never contribute more than a fraction of the oxygen we breath in at a litre a minute ; and our stomach does not have the fine gas exchange surfaces that the lung does.
Still , I have no problem with separating fools from their money.Somehow doubt it will make Rex much money.
Sp continues to trickle upwards - £5 does not look so distant now, though may take another year.

[broadwood] 23/2/2012 06:05

Rexam tops FTSE leaderboard after putting personal care business up for sale
Rexam jumped to the top of the FTSE leaderboard on Wednesday, rising 7.4pc after the maker of drinks cans put its personal care business up for sale.

Rexam makes 60bn cans a year for companies such as PepsiCo Photo: Justin Thomas
By Garry White
5:11PM GMT 22 Feb 2012
Comment
The company, which makes 60bn cans a year for companies such as PepsiCo as well as packaging for food, healthcare and cosmetic products, said it had decided to spin off its under-performing personal care unit as it did not expect a turnaround in the near term. The unit has been hit by rising costs and falling volumes.

While Rexam did not put a price tag on the unit, or give a timeframe for its sale, analysts said the business could fetch as much as £350m.

"Current trading is weak, but we expect [the personal care unit] to be sold," Ross Gilardi, an analyst at BoA Merrill Lynch, said.

In the year to December 31, pre-tax profits jumped 28pc to £431m, boosted by a fall in interest expenses. Sales rose 2pc to £4.7bn.

The final dividend was declared at 9.7p and will be paid on June 7. This will bring the total payment for the year to 14.4p, a year-on-year rise of 20pc.


Rexam said it remained "cautious" about prospects for the global economy and pointed to a rise in costs over the coming year, but it expects 2012 will be another year of progress.

"The end markets that we're supporting are pretty defensive," Graham Chipcase, Rexam's chief executive, said. "People are still going out and buying beer and fizzy drinks in good times and bad," he added.

The shares jumped 28.6p to 413p to close at their highest level since May 2008.

[wad collector] 22/2/2012 17:17

Personally I would like to dig a hole to put all the investment bankers in.Then cover them with hedge fund managers , and put a neat layer of concrete on the top.
Figuratively speaking.

[broadwood] 22/2/2012 15:58

Its often the case on here that some of the gems are completely disregarded by Joe Public. You'll find thousands of posts on companies who are just starting to dig a hole and a group of investors stand on the edge peering in - figuratively speaking.

Not so the Fund Managers. This is a pension fund stock for them.

[broadwood] 22/2/2012 12:48

Motoring now - hopefully we've left £4 behind.

[utsushi] 22/2/2012 10:18

A great set of results, looks like the company is progressing well on all fronts.

[broadwood] 22/2/2012 08:35

wad - looks that way.