Rotork Share Discussion Threads

[liarspoker] 15/9/2009 20:31

Welcome aboard Kbass.

I wish you very good fortune here. ;o)

[kbass] 15/9/2009 16:03

Dipped my toe in the water.

[liarspoker] 11/8/2009 10:11

IDH Markktm.

[markktm] 11/8/2009 09:45

I thought about selling when it hit my £10 target Lairspoker......... but something nagging says that there is more to come here so I'll hold on!

Where are the proceeds of your half sale going??

[liarspoker] 10/8/2009 15:46

Sold half at just over 10 squid today.

An excellent long term share but am putting the proceeds into a Zulu. :O)

[liarspoker] 07/8/2009 09:20

Quite a rise. Like for like figures are a bit softer then I had expected. I'm expecting double digit growth in H2 due to forex though and perhaps low single digit l-f-l growth.

[markktm] 07/8/2009 01:13

Nice rise upward...... I'll keep posting in the hope it continues.

[dasv] 06/8/2009 14:10

that didn't take long....

[liarspoker] 04/8/2009 20:48

Analysts at Arbuthnot Securities said the results beat their expectations by a "sizeable margin", and they expect to lift their full-year forecast. On average, analysts expect the company to record full-year pre-tax profit of £86m, compared to £76.9m last year.

[dasv] 04/8/2009 17:06

Nice break out after DOW open. Somebody bothered to act on the results by then it seems. Mild resistance predicted at £10 but £11, £12 is likely to be firmer.

[coincall] 04/8/2009 17:01

Markktm,

Might be looking at £10 in a few days if you keep posting!

[dasv] 04/8/2009 11:27

sorry - should have noticed results out this morning. Fantastic numbers.

Key Points


* Revenue and profit at record levels

* Order book up 2.7% year on year to GBP138.7m

* Rotork Controls revenue up 26.6%, order book up 11.7%

* Rotork Fluid Systems revenue up 24.4%, operating margin up to 13.8%

* Strong balance sheet at the Half Year, with net cash of GBP52.4m

[dasv] 04/8/2009 10:37

knocking on the glass ceiling still... WEIR results today bode well for pump engineering sector?

[liarspoker] 31/7/2009 12:59

No problem dasv - APG isn't a net working cap stock as liabilities just exceed working cap but like I said cheap if you add in the property etc.

[dasv] 31/7/2009 12:44

reply much appreciated liarspoker.

[liarspoker] 31/7/2009 12:33

TAIH is another but with a multibagger ability if all goes well. Discounting that though just have a look at it's net working cap vs market cap.....lots of cash too.

[liarspoker] 31/7/2009 12:22

Well most of them are fairly illiquid so I don't want to say too much as I want to add. AVR is basically an investment in a sensational coin collection. Look at the balance sheet - half inventory, multiple receibables by 3/4 and add cash from this deduct all liabilities. It's a buy up to 7.6p on that...and halving inventory is a huge dicount imo. APG - cheap on it's property assets. Of the fixed assets about GBP 4.8m was last valued in April 1997 and they've receiving planning for the block of land they own opposite the factory. Redeemed the preference divi, paid back debt, returning to profitability, starting to pay a dive while most others are cutting the divi. Very good value imo.

[dasv] 31/7/2009 11:56

which ones of those do you like? - I am finding it harder to find value at the moment.

[liarspoker] 31/7/2009 11:38

Not looked at Zulu's recently. I still like my net working cap stocks. :O)

[dasv] 31/7/2009 11:22

yes I like GDWN too (I bought more recently).

[cambium] 31/7/2009 11:06

Best Zulu by far GDWN imo

[cambium] 31/7/2009 11:06

£9.01 ?

[dasv] 31/7/2009 11:04

Liarspoker - what have you got your eye on zulu wise at the moment?

[markktm] 31/7/2009 10:41

Why does this hit a glass ceiling at £9????

What will it take to breakout? Any ideas??