Spirax Share Discussion Threads

[apad] 09/3/2014 22:38

Solid results, no debt, same share price as 6 months ago.
Fully valued at PER 22 and price to net cash flow 18.
apad

[apad] 16/12/2013 10:29

Thanks,
Brammer was on my watch list, can't remember why I took it off.
Just listening to the lecture for the second time :-)
Plays to my prejudice of needing to understand any company's products.
apad

[redartbmud] 16/12/2013 09:14

APAD

Hill and Smith and Brammer.

Hill & Smith manuf and supplies infrastructure products and galvanizing services to construction and utilities. eg. They supply temporary road barriers in the UK. They have been developing the galvanizing business in the USA of late.

Brammer is involved in power transmission components and engineering and other industrial services incl bearings, seals and power transmission - elect & mech.

Both around £400m/£500m+ market cap.

Just a snap shot.

As ever DYOR.

red

[apad] 16/12/2013 09:12

Belay that. Blonde moment.
apad

[apad] 16/12/2013 09:03

Common interests, red

What are Hils and Bram? Couldn't find them in the epic codes on FT.

I have large holdings in the other 3.

apad

[redartbmud] 16/12/2013 08:26

APAD

Your stock has increased exponentially with post 91. I will study it in detail

I am a big Bill Whiteley follower, having met him on a number of occasions. I don't think it is coincidence that he is involved in these very successful businesses.
I hold Spx, Ror, RSW, Hils and Bram, together with RSW. All world class well managed organizations.
In fact I posted my dismay on his leaving Rsw on the thread. He would have been ideal a Chair.

Promise I'm not stalking you.


red

[apad] 16/12/2013 08:11

www.playitback.org/details.aspx?v=336

[togglebrush] 15/9/2013 07:33

Press, Daily Telegraph, today

[major clanger] 12/9/2013 15:17

Spirax-Sarco downgraded by Citigroup

NEU from BUY ; TP £30.40 from £29.05

More on the downgrade here:

[deadly] 12/9/2013 12:11

pause for breath on the climb today; time for a top-up.

[deadly] 08/8/2013 15:23

Excellent results today by an excellent company.
Breaking out.

[redartbmud] 08/8/2013 06:58

Good set of results.

broadwood, you don't know what you are missing here.

red

[spob] 03/6/2013 09:42

no only by starting another thread again

[deadly] 03/6/2013 09:19

Can't you correct the spelling as author?

[broadwood] 09/5/2013 07:48

Skipped out of these for the moment. Has been a superb earner.

[broadwood] 09/5/2013 07:39

Steady as you go results. Holding onto all time highs atm.

[spob] 19/4/2013 09:39

forgot about this thread

damn spelling mistake - just noticed

[deadly] 19/4/2013 07:33

big fall on Spectris IMS today.

[redartbmud] 07/3/2013 14:21

I'll drink to that. The cream always rises to the top.

[broadwood] 07/3/2013 14:09

Fantastic reaction to those results - and the £1 per share windfall.


Engineering proposes windfall after profit increase
Thu 07 Mar 2013
Spirax-Sarco Engineering proposes windfall after profit increase LONDON (SHARECAST) - FTSE 250-listed Spirax-Sarco Engineering has recommended a windfall dividend of 100p per share, worth a total of 78m pounds, after posting record sales and profit in 2012.

The group, which supplies engineered solutions for commercial steam systems, reported a 2.0% rise in revenue to £661.7m in 2012 and adjusted operating profit of £136.2m, up from £134m in 2011.

Organic sales rose by 5.0%, operating profit was up 6.0% at constant currency and adjusted profit before tax rose 1.0% to £138.5m.

The dividend per share rose 8.0% to 53p.

Mark Vernon, Chief Executive Officer of Spirax-Sarco Engneering, commented: "I am pleased to report that the group delivered another year of record sales, profit and cash generation despite slowing global economic growth throughout the year.

"The resiliency of our business model and our good exposure to faster growing emerging markets in Asia, enabled the group to achieve 5% overall organic sales growth and higher profits, a noteworthy accomplishment given the particularly difficult economic environment in Europe.

"2013 has started in line with our expectations and we look forward to making further progress for the year," he concluded

[broadwood] 06/3/2013 08:13

Results tomorrow.

[maurillac] 06/2/2013 08:16

yes still looking good eh broadwood. wish id got back in - been waiting for a decent dip but it hasnt really happened.
m

[broadwood] 05/2/2013 16:32

Prelims were !8 Mar last year.