Senior Share Discussion Threads

[mazarin] 11/11/2011 14:08

From today's Broker list: 11 Nov Senior PLC SNR RBS 'Buy' @ 167.35 205.00 190.00 Retains

[mazarin] 08/11/2011 16:21

I'm surprised to see SNR as my only faller today and trying to work out why, unless its Fundies moving over... Anyone else have an idea on the drop, on generally a positive day - notwithstanding Euro issues

[mazarin] 27/10/2011 08:49

Boeing's Dreamliner promise - "Go where you want when you want" http://www.bbc.co.uk/news/business-15456298

[ferries5] 26/10/2011 07:53

Boeing's Dreamliner begins first commercial flight http://www.bbc.co.uk/news/business-15456914

[mazarin] 25/10/2011 13:48

SNR: Evolution Securities today maintains 'buy' recommendation and 190p target and RBS maintains its 'buy' stance and 205p target. So decided perhaps now is a good time to get back in @ 1.60

[cockneyrebel] 25/10/2011 09:38

Breakout: Should be a fair bit in these from here out now imo. free stock charts from www.advfn.com

[cockneyrebel] 25/10/2011 07:29

Looking to break out here imo. CR

[cockneyrebel] 25/10/2011 06:33

A rather good statement from a very resilient and well run co imo. With the step up in Dreamliners and what seems to be much better performance for the US economy than expected, the sell off here looks unjustified imo. Back to £2 soon? Buyers rarely get a dip like this to buy on with SNR imo. CR

[smarm] 14/10/2011 16:07

Trading update 25th. S

[mazarin] 12/10/2011 13:08

Starting first thing 4p down, SNR has recovered in characteristic style and powered up into the blue and is currently on course to add 10p on the day IMO

[broadwood] 12/10/2011 11:16

Very interesting programme on CNBC last night on the history of building the Boeing 787 - or as everyone knows it - the Dreamliner. It was delayed and delayed - but now its here and is beginning to be delivered. Everyone will want to fly on it - to the cost of those airlines who havn't ordered it. Don't forget - SNR puts plenty into every plane

[cockneyrebel] 12/10/2011 10:08

Breaking out through the Sep1 high here. Trading update soon. CR

[london calling] 31/8/2011 22:38

a nice bounce today. now back to nearly £1.60. interesting to see that blackrock have not got 18% of the stock. smart move.

[imastu pidgitaswell] 19/8/2011 12:25

Pity about that bullish pennant formation in late July, eh? No doubt the technicals are telling us that it's now a sell at 140, having been a buy at 180 and losing close to 25%. Just possible that maybe it is the other way round - or is that too ignorant a point?

[cleverinvestor] 18/8/2011 20:22

http://nycaviation.com/2011/08/boeing-787-completes-certification-test-flights/

[willsy50] 06/8/2011 16:27

I'm in a quandary what to top up on. FENR, SNR or FXPO? Good opportunity IMO, but i will be waiting to see if i can get in a bit cheaper.

[london calling] 06/8/2011 15:39

All the engineers have fallen sharply in the last week. FENR, SNR, TTG, GKN, TTG, RNO but often on low volumes. I am hoping for a bounce on monday.

[g2am] 05/8/2011 12:44

tell me about it, what a disaster after such a nice rally

[g2am] 01/8/2011 11:29

Agreed, think this was expected and as such currently priced in

[ferries5] 01/8/2011 07:47

Good results. good looking forward, But well publicised and priced in imo.

[mechanical trader] 27/7/2011 07:11

2011 First Half Results The results for the six-month period to 30 June 2011 will be announced on Monday 1 August 2011.

[mechanical trader] 26/7/2011 15:24

Higher, higher, higher.

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

Recent article on SNR.......... Healthy outlook for Senior Created: 15 July 2011 Written by: Lee Wild http://www.investorschronicle.co.uk/Companies/ByEvent/TradingNews/Analysis/article/20110715/4fdd3ce2-aedc-11e0-8a4b-00144f2af8e8/Healthy-outlook-for-Senior.jsp What's new: • Profit to beat forecasts • Strengthening aerospace market • Rise in heavy truck production Senior had analysts rushing to upgrade earnings forecasts after announcing that both first half and full-year profit will beat expectations. Growing demand for the company's truck parts in North America and Europe, and increased production of the C130J military transport aircraft and Boeing 787 were behind the improvement. Despite "slight weakness" in the European car market, group sales are just ahead of estimates, meaning better operating margins for both the automotive and aerospace units when half-year results are published on 1 August. It's aerospace that's the key driver, accounting for 59 per cent of 2010's sales. Between them, Boeing and Airbus expect to deliver 40 per cent more aircraft in 2014 than they did last year and Senior makes precision machined components for both of them. What's more, a strong Paris Air Show that saw aircraft manufacturers build order books to almost seven years is great news for the company. Even the market for short-haul and business jets is improving. Net debt at the end of the first half will creep above the year-end figure of £63.7m, following the acquisition of American group Damar in March for £15.3m. But cash generation is healthy and Damar, which does 88 per cent of its work for Boeing, looks like a wise purchase. Brewin Dolphin says... Buy. We have said before that Senior is a core holding in the industrials sector and we feel that market conditions in the truck and business jet operations should continue to improve as 2011 progresses. After that, the medium term is underpinned by the well trailed aerospace programme increases. We have upgraded forecasts for 2011's pre-tax profit by 7 per cent to £74.1m and by 5 per cent for 2012 to £81.1m, giving EPS of 13p and 14.5p, respectively. A positive stance on Senior has served us well since the share price nadir of 30p in 2009, but we see further gains in coming years. Royal Bank of Scotland says... Buy. We retain our positive stance towards the group, both in the short and the long term, with opportunities for growth across both of Senior's divisions. This, we believe, is driven by a number of end markets seeing positive momentum - but is also due to Senior's strong track record of consistent execution and its ability to deliver. We believe this will remain a key driver of the story going forward, along with an increasingly positive outlook for the commercial aerospace segment. Senior offers good short-term momentum and an attractive long-term story. Expect a drop in year-end net debt to £49m, falling to £19.6m in 2012. IC VIEW: GoodValue Senior has ticked all the right boxes. Aerospace order visibility is particularly encouraging, but the group is also well positioned in the recovering truck market and is exposed to a much-anticipated revival in business jets sector. The shares trade on 14 times full-year forecast earnings - a deserved premium to the sector, given the company's history of strong cash generation and growth prospects. And, with plenty of fire-power for acquisitions, the shares - at 186p - still represent long-term good value.