Spirax-sarco Engineering Share Discussion Threads

[philanderer] 24/5/2019 09:44

Nice dividend into the account this morning.

[philanderer] 16/5/2019 16:37

Spirax-Sarco Engineering was up 2.9% after Berenberg initiated the pumps and valves maker with a Buy recommendation.

....tp 10510p

[philanderer] 16/5/2019 10:10

Relentless !

[philanderer] 14/5/2019 23:31

Ah..

Market report:

The likes of Evraz, Glencore, Fresnillo, Antofagasta and Anglo America were high among the best performers although all had to eat the dust of engineer, Spirax Sarco PLC(LON:SPX) , after market makers pumped up the share price by 360p to 8,420p following the inclusion of the stock in an MSCI index series.

proactiveinvestors.co.uk

[philanderer] 14/5/2019 10:14

Something leaked ?

[philanderer] 13/5/2019 11:14

Trading update wednesday.

[philanderer] 03/5/2019 09:40

3rd may JP Morgan 'neutral' tp 7500p up from 6000p

[adrunkenmarcus] 29/4/2019 20:13

It did touch 8400p briefly. I have been wondering how high this will go. Long term, I foresee the equivalent of 16800p; that that doubling; doubling again; and again... ;-)

This is a business paying a dividend growing 11 percent CAGR for fifty years or so. The valuation may stretch at times but I'm not selling.

[philanderer] 23/4/2019 21:32

And now 820p.

Surely a pause is due for some consolidation.

[philanderer] 15/4/2019 17:29

8000p seen on the screen :-O

[philanderer] 15/4/2019 09:40

Deutsche downgrades from buy to hold ... tp unchanged 6570p

[philanderer] 10/4/2019 12:21

Nice one 👍

[adrunkenmarcus] 05/4/2019 20:59

I bought Spirax in March 2015 and the share price is now up 133% - including ordinary dividends (rising at c. 11% CAGR) and a special dividend then the return must be closer to 150%. Quite happy and a long term hold for me!

[philanderer] 05/4/2019 18:25

And the breakout continues :-)

[philanderer] 02/4/2019 17:43

I think that's a new closing ATH .

[philanderer] 20/3/2019 09:18

Positive start so far today .

[philanderer] 10/3/2019 10:36

Spirax-Sarco justifies strong support


IC View
There are signs that global industrial activity is faltering, but management is delivering on those areas within its control. This has not gone unnoticed, so the shares are trading well in advance of JPMorgan Cazenove’s target price (based on an enterprise/trading profit multiple) and on its PE average relative to the sector. Another strong showing, but it is all in the share price. Hold.

Last IC view: Hold, 6,805p, 09 Aug 2018

[philanderer] 08/3/2019 09:51

updated:

8th march HSBC hold tp 6800p up from 6300p
8th march UBS neutral tp 7100p
7th march Peel Hunt add tp 7100p

[philanderer] 07/3/2019 12:15

'Spirax-Sarco profits rise amid strong organic growth, acquisitions'

[philanderer] 07/3/2019 12:07

7th march Peel Hunt add tp 7100p

reiterates

[philanderer] 01/3/2019 11:59

Prelims next thursday.

[philanderer] 19/2/2019 09:49

19th feb Deutsche buy tp 6570p up from 6530p... which is weird with the share price @ 6700p

and..

19th feb UBS neutral tp 7100p

reiteration

[philanderer] 18/2/2019 18:00

Investors should note that Spirax will need regulatory approval in France, Germany and the US to go ahead with the deal. These are expected to come through in the second quarter of 2019.