Senior Share Discussion Threads

[jlo10] 12/12/2012 10:36

I like it when you're wrong

Investor Chronicle says
Engineer Senior (SNR) continues its recent strong track record with another solid trading statement. Buy.

[honiton] 12/12/2012 09:35

Wrong again.

PS You never lose monmey by being too pessimistic!

[jlo10] 12/12/2012 07:57

May not be full of jolly statements but it's a good update.
Everything as expected (and they mostly expected good and EPS progress) and cash is better than expected.
Today's market reaction is unpredicatable but medium term should be moving up

[honiton] 12/12/2012 07:50

broadwood

I disagree. Thought rather downbeat.

[broadwood] 12/12/2012 07:10

Saitisfactory enough update. Should reassure.

Outlook
With market conditions largely as anticipated, the Board continues to expect 2012 adjusted profit before tax(1) to be in line with its previous expectations and, assuming no further deterioration in market conditions, to make further progress in 2013 and beyond.
The Group intends to issue its 2012 full year results announcement on Monday 25 February 2013.

[broadwood] 12/12/2012 06:47

Results this morning.

[mazarin] 23/10/2012 20:41

SNR Interim Div of 1.38p goes Ex div tomorrow (24/10/12) payable 30/11/12

[london calling] 22/10/2012 08:57

An excellent company which keeps on delivering good results.

[broadwood] 22/10/2012 08:52

Oriel Securities Senior PLC 22/10/12 08:50 Retains Buy Buy 0 235.00 235.00 0

[broadwood] 22/10/2012 08:48

Aerospace technology manufacturer Senior said it was on track to hit 2012 profit expectations despite a deterioration in some markets.

In the period since the start of July it said cash generation remained strong, with net debt at the end of September of £68m being £25m lower than at the start of the year.

The firm said the large commercial aircraft market, Senior's most important segment, was strong and shipments of industrial expansion joints were at healthy levels.

It noted Airbus and Boeing had delivered a combined 841 aircraft in the first nine months of 2012, an increase of 16% on the same period last year.

However, the aerospace military and defence, European passenger vehicle and North American truck markets has become more challenging during the period, it said.

The company blamed governmental budgetary constraints for a fall in the level of shipments for some of the group's military and defence programmes, such as the Black Hawk helicopter.

The outlook for other programmes, such as the C130J military transport aircraft, had begun to soften, it added.

"With market conditions largely as anticipated, although increasingly challenging in some areas, the Board continues to expect 2012 adjusted profit before tax to be in line with its previous expectations," the management statement said.

"Assuming no further deterioration in market conditions, the board believes the group is positioned to make further progress in 2013 and beyond."

[broadwood] 22/10/2012 08:45

Seems the market is breathing a sigh of relief they've not been unduly affected by the slowdow, particularly in defence.

Commercial aviation market very strong - Dreamliners new generation particularly.

[sawadee3] 22/10/2012 08:23

No shockers there and marked up on open :-)

[cleverinvestor] 22/10/2012 08:10

Seems ok to me!

[philo124] 22/10/2012 07:36

Yep. Back on watch list.

[broadwood] 22/10/2012 07:32

Bit of a 'baby bear's porridge' statement. Not too hot, not too cold.

[jlo10] 21/10/2012 22:19

IMS Monday morning? - according to Stockopedia
Up early

[sawadee3] 16/10/2012 12:15

Occasionally, the market presents opportunity. This being a beautifull example.

Happy days chaps :-)

[mechanical trader] 16/10/2012 09:51

Disposal helping the share price added a few more....

[gco1133a] 12/10/2012 14:46

MGCR profit warning today. All FTSE 250 cyclicals have been weak in the last few days.

[jojo01] 12/10/2012 14:03

The rest of my portfolio is green yet SNR down 20p 0ver last week or so. Cant find any news - any thoughts? other than a rare opportunity to top up!

[mechanical trader] 04/10/2012 10:23

04 Oct Senior PLC SNR Oriel Securities Buy 204.35 204.20 235.00 235.00 Retains

[mechanical trader] 02/10/2012 16:21

Broker Brief.....

02 Oct Senior PLC SNR Citigroup Buy 206.55 206.20 230.00 230.00 Reiterates

230p share price TARGET

[mechanical trader] 28/9/2012 08:53

Broker Buy targets....

Date Company Name Broker Rec. Price Old target price New target price Notes

05 Sep Senior PLC Oriel Securities Buy 206.80 235.00 235.00 Retains
09 Aug Senior PLC Credit Suisse Neutral 206.80 210.00 210.00 Reiterates
30 Jul Senior PLC Jefferies International Buy 206.80 222.00 223.00 Retains
25 Jul Senior PLC N+1 Brewin Buy 206.80 233.00 233.00 Retains
23 Jul Senior PLC Jefferies International Buy 206.80 222.00 222.00 Retains
23 Jul Senior PLC Investec Buy 206.80 250.00 250.00 Retains

Investec lead the way with a 250p share price target.

NORWICH & PETERBOROUGH BUILDING SOCIETY

[imastu pidgitaswell] 21/9/2012 19:56

No, if you look back, you'll see that bought these at 24p or so.

And sold them for 35....


Doh!

[honiton] 21/9/2012 17:00

there was a boeing rumour a few weeks back.