Senior Share Discussion Threads

[bailliej] 22/7/2010 14:21

Good figures being reported in the automotive sector. Bodes well for Seniors report.


LONDON (SHARECAST) - The automobiles and parts sector has motored ahead after GKN, which makes parts for cars and planes, said an upturn in automotive markets has resulted in an strong improvement in trading.

[smarm] 21/7/2010 16:19

And I don't recall seeing this here either:



jojo - the days of SNR doubling fast are over....but I'll be happy enough with a penny a week for the next 5 years!

S

[smarm] 21/7/2010 16:17

Was this posted in March?



Remember all orders today can't really be added to the bottom line....they have to be discounted in future years.

When we see ramping up of production that means we can add to the bottom line.

S

[jojo01] 21/7/2010 15:03

Smarm, also thanks for all your posts - very informative. Shame we've only managed to limp back up to 132p after all that great news. Fantastic prospects for the long term though.

[smarm] 21/7/2010 10:44

RBS Aviation orders 52 Airbus A320's and 43 737's.

Broadwood - no problem. It looks like a bumper harvest for the new plane market this year. Certainly all very very good news for SNR.

S

[broadwood] 21/7/2010 10:41

smarm - thanks for all your posts. Looks like they have orders now stretching out to 2020.

[smarm] 21/7/2010 10:38

Garuda orders 6 A330's.

S

[smarm] 21/7/2010 10:08

GKN report demand in auto markets ahead of views. Sounds good to me.

S

[smarm] 20/7/2010 12:23

Tomkins taken out at 17x earnings, makes SNR look cheap.

S

[smarm] 19/7/2010 23:32

"Boeing Co. unveiled more than $13 billion in new aircraft orders during the first day of the Farnborough International Airshow outside of London, topping the $9 billion in orders reported by rival Airbus SAS, as thousands of airplane suppliers and buyers gathered at the largest aerospace trade event of the year.

The flurry of orders came after two lean years for Chicago-based Boeing and France-based Airbus and signaled that a rebound in the global airline market is well under way.

But the plane-makers could see orders again slow if there's a double-dip recession, a worry as they face a growing threat from aircraft manufacturers in Canada, China and Russia.

"The market is clearly coming back, and I feel very confident about how we are positioned to regain, and retain, leadership in this business," Jim Albaugh, CEO of Boeing's commercial airplane business, said Monday."

S

[smarm] 19/7/2010 23:30

"Airbus and Boeing announced 189 orders on the first day, more than twice the total orders at last year's show. "I don't think people thought it would be that high, certainly not on day one," said aviation consultant Scott Hamilton, speaking on an Air Insight LLC podcast. "By the end of the week, we could be looking at 400 orders." Airbus announced 122 orders, while Boeing announced 67."

S

[smarm] 19/7/2010 23:21

I think I need a spreadsheet:



S

[smarm] 19/7/2010 23:20

Where's my calculator!



S

[smarm] 19/7/2010 23:18

marzin - since 26p last year but I managed to sell on an xdiv day by mistake and missed a few p getting back in.

The forward order book is sensational. I'm hoping for 150 short term and 180 for next year. That's based on EPS of 10p (x15) this year and 12p next year. I don't see 15x as too high for what is a growth stock (not that the market sees it that way but it is).

S

[mazarin] 19/7/2010 22:32

Nice posts Swarm - thanks for your contributions. Incidentally how long have you been holding SNR. Hope you've been enjoying the ride?

[smarm] 19/7/2010 14:28

GE Capital orders 40 737's.

SNR has $200k parts per plane.

So that's another £500k (£133k x 40) to bottom line (assuming 10% margin).

S

[smarm] 19/7/2010 13:10

Aeroflot orders 11 Aibus A330's. A small win for SNR - somewhere between $100k-200k per plane.

S

[smarm] 19/7/2010 11:47

Emirates has ordered 30 777's. SNR makes parts for it...looks to be $400k-$800k* per plane.

Let's call it $600k. or £400k. @ 10% = £40k per plane. So that's another £1.2m to the bottom line.

..and the price is weak today. LOL.

*Check out page 11.



S

[smarm] 19/7/2010 11:43

Air Lease has ordered 51 A320. Nice. SNR gets about £60k* for each one. So that's £6k at 10% margin, adding 300k on bottom line.

*

S

[mazarin] 19/7/2010 08:31

Thanks Swarm, the following line from the article, if fulfilled is interesting:
"Boeing already has 860 Dreamliners on order from 56 countries, and from late next year will be delivering ten a month for the foreseeable future."

[smarm] 19/7/2010 00:16

broadwood - how so? 120 planes * average of £500k per plane is 60,000,000 and if the margin is 10% then they are making £6m per year. We know there are orders for 7 years so that's £42m profit for current orders.

S