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RCDO Ricardo Plc

448.00
0.00 (0.00%)
Last Updated: 13:19:58
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ricardo Plc LSE:RCDO London Ordinary Share GB0007370074 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 448.00 448.00 450.00 450.00 447.00 449.00 35,375 13:19:58
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Motor Vehicle Part,accessory 446M -5.4M -0.0868 -51.84 279.98M
Ricardo Plc is listed in the Motor Vehicle Part,accessory sector of the London Stock Exchange with ticker RCDO. The last closing price for Ricardo was 448p. Over the last year, Ricardo shares have traded in a share price range of 395.00p to 618.00p.

Ricardo currently has 62,218,280 shares in issue. The market capitalisation of Ricardo is £279.98 million. Ricardo has a price to earnings ratio (PE ratio) of -51.84.

Ricardo Share Discussion Threads

Showing 326 to 348 of 950 messages
Chat Pages: Latest  14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
03/3/2004
14:57
Some big trades recently, nice 2.3% rise.
pictureframe
03/3/2004
12:16
Looks like its ready to move up now.

1.2%up

pictureframe
03/3/2004
10:46
MMs ready to play now?
pictureframe
01/3/2004
13:52
This looke like its being held down, there has been big buying over the past three days and yet its manipulated down
pictureframe
27/2/2004
15:45
tuffbet ... this looks like their first holding ... is that right?
kiwihope
27/2/2004
15:45
There is no new bull market , period... well not for many many years yet..imho

im looking to rcdo being bought up soon... im off for a sleep.

blackbear
27/2/2004
12:56
RNS today top fund managers ARTEMIS declare a 4% + interest.

Watch the institutions load up with this stock over the next few weeks

tuffbet
27/2/2004
12:51
ARTEMIS SPECIAL SITUATIONS now holding 4.25% of Ricardo
mpnorth
26/2/2004
12:11
now a couple of 100k trades...any views on this ??? Looks ready to pop to me
pictureframe
26/2/2004
11:18
some big buys coming today against general trend of the market today.;

A 50k & 70k buy..would it be good if they were director buys.

pictureframe
25/2/2004
12:23
I with you on that. Totally relaxed about my holding, next update in 3 months should show increase in £££.

Thats if we dont get any contract wins

pictureframe
24/2/2004
22:36
This is a great up and down three to six month swing stock.
Get on the upswing, relax and be patient.
HH.

huwrayhenry
24/2/2004
11:05
any other write ups anyone?? See buying is increasing again
pictureframe
24/2/2004
08:37
good write up in the FT today, basically states its a good recovery play with divi as a sweetner
pictureframe
24/2/2004
08:31
good write up in the FT today, basically states its a good recovery play with divi as a sweetner
pictureframe
23/2/2004
13:25
If cars interest you as much as shares then you should have a close look at Ricardo.

Results for the 6 months to the end of December 2003 were announced today and although they posted a small loss of £273,000 that had already been well signalled so no surprises there.

Why did the shares rise 15% . Well I guess everyone knows just how profitable it can be if you manage to catch a quality company and a leader in its sector just after its share price has been slashed and just before the first signs of a recovery come through .

Thes first signs were I feel clearly documented in todays RNS in particular the fact thatthere has been improved order intake within the past two months to the extent that the pipeline of prospects has doubled since june 2003.

Given that this is one of Britains few remaining engineering success stories there will I feel be plenty written about the company tomorrow for today the foolowing are extracts from the excellent Citywire .

" On a positive note the US and German operations remained profitable with Germany benefiting from recent acquisitions. Motorsport activities including F1 and world Rally continue to perform well given the specialist skills required in the sector. Ricardo provided Mitsubishi with the transmission for the Pajero EVO which recently won the Paris Dakar rally for the second consecutive year . Order intake in December 2003 was at a record high"

"All being well forecasts for the year include a return to profit of £3.66 million and earnings per share of 5.59 rising to 16.7p thereafter. The dividend should increase to 9p giving a net yield of 4.4% . Worth buying for recovery. "


As thats selected text I suggest anyone interested reads the whole RNS to get the full picture but if the Worlds economies continue to grow as widely predicted here is a quality British company operating right at the top of a Global market on a forward PE of about 8 paying a dividend broadly equivalent to what you would earn in interest if the same money was lying in one of the best of the high street svings accounts..

Now I caanot promoise this will work so don't build up your expectations or cancel any holidays just in case . As you know some companies offer share perks to shareholders and as far as I know Ricardo don't.

The proposition I want to put to them is that there should be a draw after the final results open only to private shareholders registerd at that time . The perk I propose should be that the winner should get the use for one day ,petrol provide of course, of the Bugatti Veyron which they were heavily involved in developing

Spec ? Well don't know if its got sat nav gov but how does this sound

..." The car is powered by an innovative W16 light alloy engine comprising of two narrow angle cylinder blocks each with eight cylinders,and mounted to a common 90 degree included angle crankcase.
.
Capable of delivering a truly awesome peak power of 736kW (1001 hp) at 6000 rev/min and peak torque of 1250 Newton Metres.between 2200 and 5500 rev/min the Veyron represents a formidable driveline and transmission engineering challenge "

Challenge it might be but I think we could handle that could we not ?

Remember its only an idea but if enough of you show a positive response I will put it to the Directors for consideration.


Will have more to say on the subject of Ricardo once I find the time to sit down again and post meantime I will go and have another look at that picture of the Bugatti just in case

tuffbet
23/2/2004
12:11
There seems to be some big delayed buys starting to show.

Maybe the institutionas are busy buying already?

Cant see many individuals buying £67,000 shares. Wouldnt it be nice if that was a director buy ;0)

pictureframe
23/2/2004
11:54
Tuft something you know or just a hunch?

Other outside bet is that someone comes along and take them out whilst they are still vunerable and shareprice weak. Personally prefer to bank my divi's and
let it recover over time BUT that what happend to another of my recovery stcoks Peterhouse.

pictureframe
23/2/2004
11:48
Good write up of the results over on Citywire .

The bootom line of their summary sums it up nicely ie post the 15% rise "worth buying for the recovery"

Personally I think that will turn out to be an understatement and I will tell you why I think that if I get a chance to post again today.

tuffbet
23/2/2004
11:48
Results confirmed trading statement in my opinion, fundamentals and chart pointing in one direction only.

As usual the market over reacts up and down on news, but sometimes takes time to forgive, a little bit like one of my other recovery stocks SUY.

royaloak
23/2/2004
09:43
agree with your views, I saw this as a recovery play in November, todays results
now show that is well on track to the heights of £4

I have two lots of shares in this some at £1.85 and £2.13 so im in profit, short terms £2.50 min but its about a year from here that real money will be made imho

pictureframe
23/2/2004
08:53
guess you are right re institutions, will take a few days for the news to filter through their heads! In terms of order intake/activity the results were better than I expected. Another little bonus is the divi is unchanged
pictureframe
23/2/2004
08:50
pictureframe -- I don't think you'll see any institutional activity on RCDO, either selling or buying, first thing on a Monday morning. Westhead is pretty active about seeing his institutional investors and so likely it won't be before Thursday that they push any buttons to alter their holdings either up or down. I'd guess we'll see another 10p on the price then to 225p and thereafter it will go to sleep until May.
campbed
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