Senior Share Discussion Threads

[mechanical trader] 26/7/2011 07:39

LOL, ill leave that ignorant point above for someone else. Ohh dear the standard on here (this site) gets worse. http://www.youtube.com/watch?v=mEszTzdUMcY

[imastu pidgitaswell] 26/7/2011 07:35

I always giggle when I see these technical assessments. Why would you buy something at 190p when less than two years ago you could have bought it for under 25p? (I did, and sold for 36p...) I know what the technical answer is, but where is the real world thought process? Mechanical indeed - it might go further, but for pity's sake the investment case was before a 9-fold gain, not after it...

[mechanical trader] 26/7/2011 07:03

Senior looks like a trading long on a positive breakout from a bullish pennant formation. The stock has historically stayed overbought for periods of time as marked on RSI and Stochs tops in black............

[bailliej] 04/7/2011 15:08

Most analysts revised forecasts up by around 40% to reflect increase in capacity / revenue in aerospace. Found the following on LSE board. Credit to op. Price: 181.80 SNR Fri 07:18 Despite a positive pre-close update for the first half, Brewin Dolphin downgraded its stance for Senior (SNR) from "buy" to "add" following recent share price strength. However, the broker increased its target price from 185p to 198p, believing that "market conditions in Truck and Business Jet should continue to improve throughout 2011 and into 2012," while "medium term growth is underpinned by the well trailed aerospace programme increases." Brewin therefore maintains its view that Senior should be a core holding in the industrialsector

[scottishfield] 30/6/2011 15:15

Grrr, I'll have to get it on a dip!

[scottishfield] 30/6/2011 14:47

any broker targets baillie?

[bailliej] 30/6/2011 14:44

and up .... and up .... FANTASTIC :)

[scottishfield] 30/6/2011 14:40

trying to get in here but it just keeps going up !

[london calling] 30/6/2011 11:15

a great company and a key holding for a stake in aerospace. Compare performance to that of Hampson!

[broadwood] 29/6/2011 07:49

Stock - thanks for that. What a great statement. Obviously the closer the Boeing 787 gets to delivery in the third quarter the more attention will be focussed on the share price.Aerospace is in a sweet spot at the moment. I see three brokers have upgraded TP's this morning - one to £2.

[broadwood] 29/6/2011 07:42

maz - where did you get that news? Obviously there's no RNS yet.

[mazarin] 29/6/2011 06:33

Good news coming out today that SNR will exceed expectations, should hit new highs as Airbus and Boeing orders likely improve output by 40% in 2014, announcement only slightly tinged with caution over increased debt

[bailliej] 09/6/2011 14:23

Reported yesterday. http://www.thenewstribune.com/2011/06/08/1697176/south-carolina-boeing-plant-to.html South Carolina officials and Boeing Co. executives will celebrate the completion of Boeing's first new airliner assembly plant outside the Puget Sound area Friday. Ceremonies at the North Charleston site of the company's new 787 Dreamliner final assembly plant are scheduled for 10 a.m. there. The plant will be the only site outside Western Washington where Boeing builds airliners. The company has final assembly plants in Renton and Everett now. Boeing already makes large sections of the plane's fuselage in North Charleston in two factories the company bought from its partners in the Dreamliner project. Boeing purchased those factories when the two partner companies, Vought and Alenia, stumbled in their attempts to build the major fuselage sections. The South Carolina factory is expected to produce three Dreamliners a month once it gets up to speed. Read more: http://www.thenewstribune.com/2011/06/08/1697176/south-carolina-boeing-plant-to.html#ixzz1OmxIGy9E

[nellie1973] 04/5/2011 12:40

http://www.my-share.co.uk/Broker-notes-May-2011/broker-notes-may-2011.html Broker ugrade to BUY today-Evolution

[stockadoodle] 04/5/2011 09:39

Yup x div today Final x-div (2.12p) : 04- May- 2011 Payment date : 31- May- 2011

[london calling] 04/5/2011 09:32

I think SNR goes ex div today. hence thefall in share price

[mazarin] 28/4/2011 06:48

Commenting on the latest results, the 'Independent' today says 'buy' despite a rather lacklustre performance so far this year.

[ferries5] 28/3/2011 09:02

Another bolt on Acquisition made, Which is ( immediately earnings enhancing.) Will look forward to analyst updates.!!

[bailliej] 25/3/2011 16:00

Peel Hunt initiated new Buy coverage on the 24th Mar 11 @ 145.5 - target 170.0

[raysor] 18/3/2011 12:42

Sahre of the month in March edition of Eavesdropper. Given the potential the shares look cheap at current levels. http://www.shareworld.co.uk/index.php/alan-watson/newsletter/march-2011/#shareofthemonth

[wjccghcc] 28/2/2011 14:58

Results were good and it's an extremely well managed company. However, I sold half of mine first thing mainly because it looks like 2011 will only have pedestrian growth before it picks up in 2012 as Boeing and Airbus increase build rates and the 787 finally gets into production. Will certainly buy back if it drops to 130p.

[johnsoho] 28/2/2011 13:53

Results, despite the share price movement, appear good to me....rns as follows 28 February 2011 Results for the year ended 31 December 2010 Record adjusted profit before tax, up 36%, driven by significant margin improvement FINANCIAL HIGHLIGHTS Year ended 31 December 2010 2009 ---------------------------------- ------------ ----------- --------- ---- REVENUE GBP566.9m GBP540.1m +5% ---------------------------------- ------------ ----------- --------- ---- OPERATING PROFIT GBP62.2m GBP61.0m +2% ( ) ADJUSTED OPERATING PROFIT (1) GBP75.4m GBP59.4m +27% ADJUSTED OPERATING MARGIN (1) 13.3% 11.0% +2.3ppts ---------------------------------- ------------ ----------- --------- ---- PROFIT BEFORE TAX GBP52.1m GBP49.6m +5% ADJUSTED PROFIT BEFORE TAX (1) GBP65.3m GBP48.0m +36% ---------------------------------- ------------ ----------- --------- ---- BASIC EARNINGS PER SHARE 10.11p 9.79p +3% ADJUSTED EARNINGS PER SHARE (1) 12.01p 8.91p +35% ---------------------------------- ------------ ----------- --------- ---- TOTAL DIVIDENDS (PAID AND PROPOSED) PER SHARE 3.12p 2.60p +20% ---------------------------------- ------------ ----------- --------- ---- FREE CASH FLOW (2) GBP58.8m GBP60.1m -2% ---------------------------------- ------------ ----------- --------- ---- NET DEBT (2) GBP63.7m GBP102.3m GBP39m better ---------------------------------- ------------ ----------- --------- ---- (1) Adjusted figures are stated before profit on disposal of fixed assets of GBP0.2m (2009 - GBP0.1m loss), a GBP4.6m charge for amortisation of intangible assets acquired on acquisitions (2009 - GBP4.6m), a GBP8.7m charge for impairment of goodwill (2009 - GBPnil), acquisition costs of GBP0.1m (2009 - GBPnil) and an exceptional pension gain of GBPnil (2009 - GBP6.3m). Adjusted earnings per share takes account of the tax impact of these items. (2) See Notes 11(b) and 11(c) for derivation of free cash flow and of net debt, respectively. The Group's principal exchange rates for the US dollar and the Euro, applied in the translation of revenue, profit and cash flow items at average rates were $1.55 (2009 - $1.56) and EUR1.16 (2009 - EUR1.12), respectively. The US dollar and Euro rates applied to the balance sheet at 31 December 2010 were $1.57 (2009 - $1.61) and EUR1.17 (2009 - EUR1.13), respectively. Group Highlights - Increased revenues from the military and defence, land vehicle and semi-conductor markets - Group's focus on operational efficiencies resulted in much improved margins - Record level of adjusted profit before tax - Continuing strong cash flow delivered a GBP39m reduction in net debt - Acquisition of WahlcoMetroflex in August 2010; integration on track - Airbus and Boeing announced significant future build rate increases for most of their aircraft - Strengthening customer relationships leading to increased opportunities Commenting on the results, Martin Clark, Chairman of Senior plc, said: "Senior has delivered an excellent set of results for 2010. Adjusted profit before tax increased by 36% to record levels, driven by significant margin improvements, and healthy operating cash flow resulted in a net debt reduction of GBP39m to GBP64m. Trading has been in line with expectations at the start of 2011 and this, combined with the strong 2010 performance and healthy long-term prospects for the Group, gives the Board the confidence to recommend a 20% increase in the full-year dividend for 2010."

[mazarin] 07/2/2011 17:19

Currently a bit quiet here and I've been out of SNR for while having taken some profit, but continue to monitor & maintain the header. I fully intend to return and was close to buying back in last week on temp drop, but chose FENR instead. Time will tell if it was the right decision.