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TOMK Tomkins

324.40
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Tomkins Plc Investors - TOMK

Tomkins Plc Investors - TOMK

Share Name Share Symbol Market Stock Type
Tomkins TOMK London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 324.40 01:00:00
Open Price Low Price High Price Close Price Previous Close
324.40 324.40
more quote information »

Top Investor Posts

Top Posts
Posted at 17/8/2009 12:37 by wad collector
From the Mail,sim story in Independent


Company: Tomkins
Event: Interim Results
Pretax loss: £69.6m, +89%
Dividend: 3 cents (1.8p)
One-year share price performance: +25%


The engineer Tomkins has suffered badly at the hands of the collapsing US automotive market.

But there are now signs it may have entered recovery mode.

The interims reveal that sales volumes were down sharply.

But in June and July the rate of decline slowed markedly and analysts predict that business will continue to improve.

The loss before tax included £74m of restructuring costs and another £20m of impairments.

Leaving them to one side for a moment, and appears the underlying performance was actually a lot better than the City had been predicting.

The dividend, which is paid in US cents, has been severely pruned back to 3.5 cents a share from 11.02 cents.

But this is again is in line with forecasts and allows the metal basher to make a full-year payout of 10 cents - which is what it promised investors.

Yet all this and more is factored into the share price, which has almost doubled since hitting a year low in November.

Tomkins is now valued at heady 37 times this year's earnings. This is just too expensive, even if 2009 proves the low point in the cycle.

Verdict: Too dear



I shall continue to hold.
Posted at 21/4/2008 17:54 by true_brit
Have any of you shareholders clocked into what Newlands and co are doing at Tomkins – taking it to the USA to get the heat off them in the UK and enable them to slash the dividend (and may be even reward themselves better).

Step 1:
Say you are 60% based in the USA (so what!!)
Step 2:
Redenominate pound shares into dollars (why?)
Step 3:
Pay dividends in dollars (more reliable for American shareholders!!)
Step 4:
Schmooze the investors by saying you will keep headquarters in UK (smelly – having sold the Putney HO for a vast profit and made a number of the staff redundant!!)
Step 5:
Open a new head office in ski centre Denver (disguise it as near Gates operations and conveniently lucky the CEO prefers to spend lots of his time already in USA and fortunate too that the FD lives there!!)
Step 6:
ok chaps now that we are an American company lets look at comparable US companies' dividend yields – (wow – much lower/if pay at all!!)
Step 7:
Say hello to the institutions in US and conveniently the 14% in Toronto (all mates fortunately!)
Step 8:
Hey presto – sorry UK boys – need to conform – have to half the dividend! (it's ok the Americans don't mind)
Step 9:
Good job – deserves more directors' pay! (ho ho!)
Step 10:
NEXT – why not look at comparable remuneration..(good idea David)
Step 11:
repeat steps 9 and 10 (recurring).

Why not retain your £ dividend by voting against resolution 16 before/on 1 May.
Posted at 24/12/2007 13:08 by aioannou
pathetic! what do directors take us investors for? Muppets??!!
I can't believe what a meagre amount of stock this director buy represents, hardly worth the effort taken to publish the RNS!!!
Posted at 04/5/2007 17:14 by jonathanlabrey
Well done Investors' Chronicle. They have devoted a full page to a "sell" recommendation in today's issue!
Posted at 06/10/2006 15:12 by retirado
UK engineer Tomkins headed higher as traders began speculating on a possible deal, with private equity investors said to be interested in making a bid for the company.
Posted at 18/8/2006 07:51 by josephmsmith
Shares in Tomkins have been upgraded to overweight from equal-weight by Morgan Stanley, which has also raised the price target to 320p from 300p on the back of the engineer's attractive risk/reward balance.

In a research note to investors published this morning, the US-owned broker said its analysis of a number of Tomkins' divisional operating drivers and a top-down examination of the end markets indicates upside potential from two directions.

It said that, firstly, Tomkins' operational outlook is set to improve for the next 12 months, with EPS growth set to accelerate according to the broker's estimates.

Secondly, the broker thinks the market's fears over Tomkins' exposure to the US residential market are overdone.
Posted at 04/12/2004 09:44 by a0002577
Hi frangelico If you are new to this then please be aware that on stock specific boards like this one, some investors get carried away. I storngly suggest that you look on other sites particularly www.fool.co.uk and have a look at some of the threads on more generic type investing - thee thread on High Yield shares is interesting as is the one on Mechanical investing.

This is a share that I have watched (and bought and sold) for many years. I am out of it at the moment - price seems too high for my liking

Hi Madg good to see you here as well! My buy price is somewhat less than 220 for this one
Posted at 12/6/2003 02:27 by goodiee
Sitting on the sidelines and warming the bench is never any fun. It seems that after months of uncertainties, recently released data shows that investors are starting to get back into the game. This indicates that investors are becoming more optimistic about the market's performance in the next few months. In order to forge ahead with renewed confidence, register your email address with this newsletter. It will point you in the right direction by notifying you when an undervalued share is about to move. It's free and you can cancel at any time. These shares are traded in the US markets.
Posted at 17/1/2002 13:44 by billy whizz
Yep I'm happy with results and they shall remain in my PF as well....

Comment on ......"The outlook for many of our markets remains uncertain,"....

This is a fairly common statement from most companies in the present climate...anyone who sticks their neck out and says otherwise (with a few exceptions) is taking a risk of misleading their shareholders and future investors....who knows what awaits us all in 2002..???
Posted at 25/6/2001 14:41 by scripophilist
So as clear as mud then?

TOMKINS: Investors will want an update on the search for a new chief executive when the refashioned engineer files full-year figures on Thursday.

The company has previously indicated that it had a shortlist of three to four candidates to succeed Greg Hutchings, who left under a cloud last year, but analysts are sceptical that his replacement will be announced as soon as this week.

That will leave the focus on current trading at Tomkins’s remaining businesses after the disposal last month of Smith & Wesson, its handgun subsidiary. In its April pre-close briefing, the company gave warning that trading in its new financial year would be “challenging”, and analysts are pessimistic that its two largest operations — automotive and construction components — will yet show any signs of recovery. They are also bearish on Tomkins’s air systems components arm in the wake of a profit warning two weeks ago from United Technologies of the US, the owner of Carrier, a rival business.

Deutsche Bank expects a 38 per cent fall in clean pre-tax profits to £296 million (£478 million), earnings per share of 18.7p (28.3p) and a sharply reduced dividend of 12p (17.5p).

Investors should note that the figures will be complicated by a series of one-off items, including restructuring, relocation and strike costs, as well as a £19 million credit from a legal settlement. The earnings per share figure will also be skewed by a £700 million share buyback, now halfway complete.

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