Rotork Share Discussion Threads

[liarspoker] 03/3/2009 08:27

Nice results. :O)

[thebteam] 25/2/2009 17:44

Results out Tuesday!

[liarspoker] 25/2/2009 12:02

Just to add to post 92 - it looks like the CVA is selling well.

It was a new product released in Q4 2008 so no doubt we'll get an update on it next week.

The CVA won't be profitable until 2010.

[liarspoker] 25/2/2009 11:48

Control valve applications provide evidence that the recently launched CVA electric actuator from Rotork Australia is living up to the demanding expectations of end users.

[liarspoker] 21/2/2009 12:42

Rotork pipeline valve actuators in Kurdistan economic improvement project
Rotork Fluid Systems has supplied heavy duty GO Range gas-over-oil valve actuators for a new strategic gas pipeline bringing economic benefits to the Kurdistan region of Iraq.

[cambium] 10/2/2009 11:38

More than one thousand Rotork intelligent electric valve actuators have been ordered for the US$ 1.6 billion Qinzhou Refinery project in South China. The new refinery, which is owned by PetroChina, is designed to improve the energy supply throughout southwest China.

Rotork IQPro intelligent actuators with Pakscan P3 network control systems are being installed in areas including the crude oil, LPG, petroleum and diesel tank farms, processing and water purifying plants and waste water treatment works.

The actuation contracts are being co-ordinated and supported by Rotork's office in the city of Guangzhou, in Guangdong Province. The Qinzhou Refinery is among the latest in a series of Rotork project successes in the Chinese oil and gas industries, including the 4000km strategic West to East Natural Gas Pipeline, for which over 700 Rotork IQ electric actuators have been ordered.

[cambium] 10/2/2009 11:36

big push up

[liarspoker] 08/2/2009 21:29

FY 07 is Net Cash of GBP 37.926m

Cash in current assets less all bank debt.

FY 08 released Tuesday, 3rd March.

Edit: Interim 08 = GBP 25.725m Net Cash.

Plus look at the internal returns too.......huge.......on no debt !!

[romantic rambo] 08/2/2009 21:15

just looking at company report anyone tell me what net debt of Rotork is if any as i cant find in report thanx

[liarspoker] 08/2/2009 12:12

Oil & Gas Engineer - Production Processing

Digital valve control goes wireless
Date: 29/01/2009
Starting with site trials in 2009, market-leading valve actuation specialist Rotork is extending the capabilities of the Pakscan digital control system with the addition of a wireless option. ................

[liarspoker] 08/2/2009 12:09

More than one thousand Rotork intelligent electric valve actuators have been ordered for the US$ 1.6 billion Qinzhou Refinery project in South China. The new refinery, which is owned by PetroChina, is designed to improve .........

[liarspoker] 31/1/2009 09:16

Rotary actuators play an integral role in the world's third largest concentrated solar power plant...................................

Actuators are also at the heart of Rotork's latest contract - for the Vopak Skarvik 1 project at Skarvikshamnen in the City of Gothenburg......................................

[liarspoker] 28/12/2008 20:05

Rotork electric valve actuators in Saudi Arabia's major airport expansion project.....

[thebteam] 20/11/2008 17:44

Talk of the North American economy sliding into recession has Peter France puzzled. "We are having a fantastic year in the US," says Mr France, the chief executive of Rotork, an engineering group based in Bath, Somerset. Turning to Rotork's business in general, Mr France – who took the company's top job at Rotork in May – says that, while trying not to be complacent, he has yet to see signs of a downturn.

"Of course, a period of weaker demand could be creeping up on us, that we just cannot see, but in most of the markets we are in, the number of projects we are working on is higher than a year ago," says Mr France. Behind this robust statement is Rotork's leading position in a specialised field of engineering.

[liarspoker] 19/11/2008 18:49

Rotork orders show resilience
By Michael Kavanagh

Published: November 14 2008 02:00 | Last updated: November 14 2008 02:00

Rotork, the maker of valve control systems for the oil, gas and water industries, shrugged off fears of a collapse in demand prompted by falling commodity prices as orders hit a new record at the end of October.

Peter France, chief executive, would not specify an exact order book figure when he updated on trading yesterday, but said it exceeded £135m at the half-way stage.

He conceded some customers were trimming capital expenditure plans, but the long lead times for many of their projects meant Rotork continued to enjoy strong trading prospects into next year, he said.

The shares fell 12½p to 685p. Michael Kavanagh
Copyright The Financial Times Limited 2008

[cambium] 13/11/2008 14:22

Rotork p.l.c., the specialist engineer, today issues its Interim Management Statement
covering the period from 1st July to 13th November
2008.

Our end markets continue to be robust and order intake has been strong. The order book at
the end of October reached a new record high.

We have seen raw material cost increases across many areas of the business during the
period, although in the last month there has been
some reversal of this trend. Some of these increases are currency related, and may affect
material costs in the final quarter of 2008.
Rotork has a continuous cost reduction programme which includes design review and vendor
partnership programmes, that has been in place for
several years.

The strengthening of our two major trading currencies, the Euro and the US Dollar, through
the current year, is continuing to be of
benefit overall. The US Dollar has strengthened appreciably in the last few months, while the
Euro has retained its gains against Sterling
from earlier in the year. Around 30% of our income streams are in US Dollars and around 30% in
Euros.

The group continues to maintain a strong balance sheet.

There have been no material events or transactions affecting the group in the period.

Outlook

Based on the strong sales revenue in the year to date, the strength of our order book, the
level of project activity being seen in all
our geographic locations and the positive currency environment, we are confident of achieving
profits in excess of current market
expectations for the full year 2008.

[thebteam] 17/10/2008 19:31

Ouch! what's everyones thoughts on this one?

[princessbouncy] 17/10/2008 19:26

Be careful what you wish for :(

B.

[liarspoker] 06/10/2008 20:47

Please fall to 800p. :O)

[princessbouncy] 18/9/2008 19:29

Me as well, bought a few more at 888p

B.

[thebteam] 11/9/2008 17:51

Top up time for me !