Rotork Share Discussion Threads

[thebteam] 06/4/2009 17:34

ha ha! I ask because it's states 14th April on the report I read and my stockbroker stated the 8th?

[thebteam] 06/4/2009 16:47

Anyone know the ex div date?

[liarspoker] 29/3/2009 21:00

ROR Rochester on the news:



Small fire there recently appearently but all is OK.

[gerrymonty] 23/3/2009 13:52

A number of important tech levels are now approaching around 760 and they will hopefully provide good support after the recent sharp sell-off.

50-day MA is at 763, 100-day MA is at 758, 760 is the 61.8% Fibo retracement of the rally from Mar 2 to Mar 18 and 760 is also the top of the Ichimoku cloud on the daily chart. Not a bad area to buy some in.

[cambium] 19/3/2009 15:49

Liars, hold on £7.00 might come yet!

[fast investor] 18/3/2009 08:45

SP gone through 200 day MA, looking very strong...

[fast investor] 13/3/2009 10:18

Recent broker notification..

Rotork PLC

FORECASTS
2009 2010
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Oriel Securities
11-03-09 BUY 86.80 69.20 28.60

[cambium] 13/3/2009 08:29

absolutely

[liarspoker] 13/3/2009 08:21

Nope, market is just having a small rally. I am content to wait and if it comes it comes. If it doesn't I'm happy with my holding here anyway. :O)

No need to chase prices in this market Cambo.

[cambium] 13/3/2009 08:16

I guess your £7 target has gone liars!

[fast investor] 12/3/2009 14:54

Rising nicely now and the brokers seem to like it......

Rotork PLC

FORECASTS
2009 2010

Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Arbuthnot Securities [R]
10-03-09 NEUT 76.96 61.68 28.75 83.96 66.31 31.00

Oriel Securities
10-03-09 BUY 86.80 69.20 28.60

Singer Capital Markets Ltd
09-03-09 FAIR 85.00 69.10 28.00

W H Ireland Ltd
05-03-09 OUTP 82.80 68.00 29.90 89.00 73.10 34.40

FinnCap
05-03-09 BUY 84.80 67.90 25.50

Investec Securities [R]
04-03-09 SELL 76.83 61.50 30.00 80.15 64.16 32.00

KBC Peel Hunt Ltd
04-03-09 BUY 93.60 76.06 28.00 94.30 76.63 31.00

Numis Securities Ltd
03-03-09 BUY 84.50 68.10 28.00 89.50 72.00 30.20

Arden Partners
02-03-09 BUY 83.80 67.30 30.50

Brewin Dolphin Investment Banking
25-02-09 HOLD 80.20 64.30 30.00

ABN AMRO
10-02-09 HOLD 79.00 63.88 26.00

Eden Group
03-12-08 BUY

2009 2010
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 84.53 68.25 27.44 89.25 72.55 30.60
1 Month Change 3.13 3.50 -1.00 3.65 5.43 -0.91
3 Month Change 3.13 3.00 -2.70 5.29 6.24 -1.40


GROWTH
2008 (A) 2009 (E) 2010 (E)

Norm. EPS 36.90% 10.74% 6.30%
DPS 20.16% 18.02% 11.52%

INVESTMENT RATIOS
2008 (A) 2009 (E) 2010 (E)

EBITDA £m £85.94m £94.74m
EBIT £m £84.00m £m
Dividend Yield 2.69% 3.17% 3.54%
Dividend Cover 2.65x 2.49x 2.37x
PER 14.04x 12.67x 11.92x
PEG 0.38f 1.18f 1.89f
Net Asset Value PS p 174.56p p

[jamesiebabie] 10/3/2009 22:17

GL to all, this should have a big jump from about 10am onwards tomorrow. Bullish flag formed. Buy 'em early doors!

[markktm] 05/3/2009 14:53

Great results & stomng performance in the last few days....... how high would these have got on a blue day!!!!!

Has anyone seen any analyst forecasts for future share price?????

[thebteam] 03/3/2009 18:51

here was a resounding success for one of the West's largest and most successful companies as Rotork's profits jumped almost 20 per cent.

The company's share price soared by 12 per cent after the results were announced on Tuesday morning, making it the biggest riser among the UK's largest 250 stock exchange-listed companies.

The Bath-based valve maker said the state of the financial markets had boosted demand for its products, which streamline customers' production processes.

Sales grew by 22 per cent in 2008 to £320.2 million from £235.7m the year before, helping the company to an operating profit of £74.9m up 19.3 per cent from £55.4m.

The strong results defied a widespread slump in the manufacturing industry.
Click here!

Production in UK manufacturing is expected to fall by 8.6 per cent this year, costing 140,000 jobs according to a report this week from the Engineering Employers' Federation.

The manufacturer, which does most of its business in dollars, added that the weak pound also helped its bottom line and said it expected growth to continue this year but at a slower rate due to global market conditions.

Chief executive Peter Francis said: "Rotork is not immune to wider economic trends and we may see some slowing in the growth of order intake. However quotation activity and project visibility for medium and long-term projects are up on levels seen one year ago.

We started 2009 with an order book at record levels Chief executive Peter Francis

"In addition, the group's trading results would be expected to benefit from a continued weakness of sterling against the US dollar and the euro.

"Taken together, these factors underpin our confidence in making progress during 2009."

The firm, which has 1,700 employees, explained another ingredient in its success was the emphasis it places on research and development, and ongoing investment in its three main business divisions – controls, fluid systems and gears.

Mr Francis said the company would continue to pour money into areas of the business where there was potential for further expansion.

He said:"Rotork started 2009 with an order book at record levels and a strong balance sheet. We continue to invest in our future and have identified a number of growth opportunities as part of our business development plans."

Rotork continued to broaden its worldwide reach in 2008, acquiring Swedish valve actuator manufacturer Remote Controls.

The West firm, which has more than 150 bases worldwide, has a third of the global market for electric actuators and said it increased its market share last year even where currency rates were unfavourable.

Rotork's profits outstripped analysts' predictions and prompted City watcher Numis Securities to upgrade its prediction for the company's performance next year.

Numis analysts said in a note: "Underpinned by the record order book we are upgrading our forecasts for 2009 and 2010 by five per cent and following recent weakness in the share price we move our recommendation to buy."

[liarspoker] 03/3/2009 11:41

I'll get my chance again. :O)

[cambium] 03/3/2009 10:35

you had your chance yesterday

[liarspoker] 03/3/2009 10:30

Dump this dog imo !!!











and let me add sub 700p. ;o)

[cambium] 03/3/2009 10:30

oops sorry yep agreed, one for your Zulu thread perhaps?

[liarspoker] 03/3/2009 10:27

Cambo - it's only the final divi that equates to 2.15%......you are leaving out the interim divi and the possibility of an additional dividend payment ( which I am not expecting in this climate ).

Add to that the fact that the regular divi seems to be increasing at 20% per annum as well. :O)

[cambium] 03/3/2009 09:22

Peter France, Chief Executive, commenting on the results, said:"Rotork started 2009 with an order book at record levels and a strong balance sheet. We continue to invest in our future and have identified a number of growth opportunities as part of our business development plans."

"Rotork is not immune to wider economic trends and we may see some slowing in
the growth of order intake. However quotation activity and project visibility
for medium and long term projects are up on levels seen one year ago."

"In addition, the Group's trading results would be expected to benefit from a
continued weakness of sterling against the US dollar and the euro."

"Taken together, these factors underpin our confidence in making progress during 2009."

[cambium] 03/3/2009 08:57

PE of 11 and dividend of 2%

[cambium] 03/3/2009 08:40

honest and solid