Senior Share Discussion Threads

[broadwood] 05/11/2014 16:29

My pleasure.

[discodave4] 05/11/2014 15:46

broadwood,Thanks for previous post, that explains the rare...boooom lol.DD

[broadwood] 05/11/2014 15:42

Off to the races - plenty of catching up to do.

[broadwood] 05/11/2014 15:16

This'll do nicely.

Canaccord Genuity has upgraded its recommendation on manufacturing group Senior (LON:SNR) to ��A533;buy�ʏ33;" from ��A533;hold�A533;", stating that the current share price offers a good entry point for investors.

The broker pointed out that the shares are off 17 per cent since the beginning of the year, which it attributes to the mid-cap engineering sell-off.

However, it reckons that the visibility of revenue streams and relative stability of earnings are increasingly attractive compared to peers.

��SWe believe Senior�ᦙ3;"s 99% aerospace OE exposure (66% of Group revenue) provides investors with high medium-term conviction for organic top line growth comparative to peers who have a greater mix exposure to the aftermarket,⬝ Canaccord added.

Target price remains unchanged at 325 pence a share.

[discodave4] 24/10/2014 19:46

IMV would hold, the market is still jittery and focussing on any slight negatives, the fundamentals are still sound, looks like there is support at around 255 (WTFDIK) and I'm confident the share price will return to the 290's. But, it's your call and as usual DYOR etc etc.DD

[johnthespacer] 24/10/2014 15:43

Thanks DD I dont know if I should stay with these or move on tbh

[discodave4] 23/10/2014 13:30

John,From memory 1.67p.DD

[johnthespacer] 23/10/2014 08:59

Ex dividend today

How much is the dividend?

[discodave4] 22/10/2014 19:42

Broker forecasts today:N 1 Singer reiterate Buy, Target 312pLiberum Capital reiterate Buy, Target 325pNumis downgrade from Buy to Add, Target still 315pInvestec reiterate Add, Target 290pNumis's forecast may explain today?.Ex div tomorrow.GLDD

[discodave4] 22/10/2014 08:35

.......apart from, increased debt and relocation costs and a fire in Mexico, lol. See if share price picks up later.GLDD

[broadwood] 22/10/2014 07:45

Sound enough statement.

[discodave4] 21/10/2014 19:41

Let's hope it's a good IMS tomorrow.DD

[discodave4] 08/10/2014 20:02

Aerospace orders increase four fold:Http://www.thisismoney.co.uk/money/markets/article-2784303/Aerospace-throttle-orders-increase-four-fold-August.htmlGLDD

[discodave4] 07/10/2014 09:01

Seems to be on a downward trend since Jan.There have been a lot of small sells in the 785-788 range this morning, is this possibly bot/algorithm trading?.GLDD

[discodave4] 21/8/2014 20:37

Getting back to where it should be @300+ (I hope!).....apologies for the slight ramp!.DD

[broadwood] 21/8/2014 16:40

Waking up. Currency conversion moving slightly more in their favour, possible increased defence spending and civil aviation plane orders going from strength to strength.

[discodave4] 04/8/2014 21:59

Ignore last post, looks like Investec retained its add rating (target ?). Couple of other analysts notes:http://tickerreport.com/banking-finance/266647/investec-reiterates-add-rating-for-senior-plc-snr/?DD

[discodave4] 04/8/2014 20:45

Investec places both its target price (prev.: 290p) and its add rating under review. DD

[broadwood] 04/8/2014 07:55

It is pleasing, at the time of announcing my forthcoming retirement, to report that Senior has produced a healthy set of results for the first half of 2014, mainly due to continuing strong growth in the commercial aerospace sector, the Group's largest end-market, and improving demand from the Group's principal land vehicle markets. Most importantly, the Group remains well positioned for the future. Senior has a stable and experienced management team in place, is well financed and strongly cash-generative, new aerospace programmes are entering production and the increased global demands of Senior's customers offer good opportunities. The operational challenges associated with introducing new commercial aerospace programmes are continuing to be addressed and the outlook for the remainder of the year remains in line with expectations. The Board expects continued progress in 2015 and beyond."

[spudders] 04/8/2014 07:33

Rns out, all appears well to me :)

[discodave4] 27/7/2014 12:06

Prelims 4th August I believe. Is the strength of the £ going to hit SNR as it's predicted to for other engineering/aerospace companies?, or is this already priced into the SP?http://www.telegraph.co.uk/finance/newsbysector/industry/engineering/10993000/Engineering-giants-Rolls-Royce-and-GKN-hit-by-strong-pound.htmlDD

[discodave4] 23/7/2014 20:37

Investec upgrade to Add but reduced target to 290.DD

[discodave4] 22/7/2014 09:10

Jefferies cuts to 310 (340), Buy.DD