Tomkins Plc Share Discussion Threads

[asmodeus] 28/1/2005 09:32

Might be worth checking what percentage of profits are dependant on the dollar?

[5bertie] 23/1/2005 19:38

might go higher when dollar moves in right direction, worth buying

[madaboutmoney] 18/1/2005 21:33

On Citywire today - recommended in their CFDealer column...

Finally, following numerous broker upgrades, clients have taken the hint to buy into the component manufacturer Tomkins (TOMK). With a 2006 p/e of just 11.8 versus a sector average of 16.2 and a 2005-estimated yield of 5% the shares are excellent value. The main perceived risk in this stock is a currency one: two thirds of its turnover is denominated in US Dollars. It is to report its finals on 25 February and we expect the stock to have a good run before then. Ideally the stock would be bought at low/mid 250's but cautious bulls may want to dip their toe in the water with a smaller than usual trade size around the mid 260's.

[tompion] 06/1/2005 20:35

Tomkins doing well - hoping it can get through the recent downtrend and get back to testing three quid. Recommended by a broker today which presumably caused the move upwards.

[josephmsmith] 17/12/2004 22:37

Low 14RSI (35), 60% reduction in loanstock from last month, 80% from 2 months ago.

Looks atttractive at this price for a small nibble.
Ft100 exclusion perhaps balanced by ft250 fund inclusion.

[bergster56] 10/12/2004 15:31

afternoon people. There's a newly listed company called Armorgroup international (arg) with 1 st day of trading today. Its one i've been researching for the past 9 weeks. I've posted all my researchon the ARG thread if anyone interested. Its a private military company with operations in iraq

[frangelico] 06/12/2004 22:51

Thanks, one and all, for timely advice (ESPECIALLY DYOR and FOOL!)
Just reviewing the charts, looks to me that their Nov. announcement of encouraging sales not dollar-dependent, and the likelihood of the USD spiralling down from the present untenable 1.90+GBP level, TOMK could well reach my target of 320 (Mar 05). Having gone in at 252-ish, I'd do okay. Mind you, it's just a two-quid trial bet, but you've got to start somewhere! And, yes, it does seem to be wallowing within its trading value levels, but then I'd have expected more of a drop what with the pound-dollar situation. That has to change soon .... doesn't it????
Also, their products include stuff for the building trade and they've gone into cheaper production areas (Central Europe) so their underlying stratus should hold good. So I'm not looking at a big loss on this one (especially not at £2 a pop!) and I have a healthy stop on it at 220.
This is a fascinating business. Can't wait to learn more!
All the best, lads and lasses.

[a0002577] 05/12/2004 11:23

DesWalker - fools never differ - at least so the saying goes, but is not borne out by the discussions on the fool which I rate very highly - much more highly than the discussions here which often degenerate into mumbo jumbo where (I suspect) holders are trying merely to justify their continued holding of a particular share.

The best advice to Frangelico is to watch a share, pull the historic share prices, watch its annual movements and see if there are some extraneous events that are going to pull it away from its long term trends.

Tomkins has done well share price wise over the past year or so - but then so have many others. I think it is going to slip back into its trading range and not continue on its upward path until something major happens.

Let's be realistic about its major market - components for cars. 20 years ago these parts did not have the life they have now (how often did you change your tyres then compared to now - and what has happened to tyre manufacturers?)

Nowadays these components - and thus the whole car - last much longer than they previously did. 100,000 miles or more is now the norm for a car without having to replace anything except the oil and the brake pads. 200,000 miles is on the horizon as manufacturing gets better. That does not bode well for the likes of Tomkins, so without a major breakthrough I suspect their business will not grow strongly. Build in obsolescence perhaps?

Personally I preferred the company when it was run by Hutchings - at least he attempted to grow the company - and did so for many years until the City pushed him out.

[deswalker] 04/12/2004 09:59

Frangelico,

If you're looking to learn a bit about picking your own stocks then I suggest you register at The Motley Fool (www.fool.co.uk) and read the High Yield Portfolio, Mid-Cap Movers and Value Shares boards. Also keep an eye on "Paulypilot's Pub" board for small caps. You won't regret it. These boards are about different styles of investing (large cap high yield, mid cap growth, mid cap value, small cap growth/value respectively) instead of the mainly company specific threads found on advfn. You see far more in a condensed space and the expereince of the posters is good.

As for TOMK, I bought a few last week at the same time as the director bought 50k. Clearly trading well in dollar terms but hit hard by the current fx rates. good divi that's just been increased for the first time in years so board must be optimistic. Margins remain strong. Director just bought 50k as I said.

If the dollar tanks then this will be hurt more than many but then my gold shares will fly so it's a hedge. If the dollar recovers then this share looks to be in very good shape going forward. All IMO. DYOR (Do Your Own Research).

Des

[a0002577] 04/12/2004 09:44

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

[madgooner] 03/12/2004 23:24

this is about to transfer from tech analysis to fundamentals then innit ? ;-)

starting to look 'fair value' no more, but 'they' say exiting ftse 100 usually provokes a short term bounce?

[frangelico] 03/12/2004 23:20

RonMikeH
Fair point (about doing own research.) As you can tell, I'm completely new to this. Pushing 60 and looking for ways to bring in useful amounts. I'm actually doing spread betting and not in a position to dole out for 5000 at anything very much!
Still, I have to start somewhere. I'll try anything and I find this business fascinating.
Points noted about analysis of F100 and small cap fundamentals.
I'll follow this thread with interest.

[ronmikeh] 01/12/2004 08:01

Frangelico. I purchased 5000 Tomkins on 26/11/04 at 246.5p. I have a target of 320p by March 05.which is when I hope to sell at £3675 profit. If the share drops by 10% ie 220p I will cut my loss. max loss £1600. ! try to use technical analysis for FT100. comp and fundemental for small caps as they are more news driven. Try to let you know of any ideas I have. You should do your own research that way you have more confidence in your choice.

[frangelico] 30/11/2004 21:26

So, are you in on it, RonMikeH? I'm new to this game, so also wide open to suggestions! (Of the financial sort only.) Save me a bit of scoping round, and flash a few likely lads in a similar position to Tomkins, would you?

[ronmikeh] 30/11/2004 20:50

A low dollar is not ideal for Tomkins,but like the oil situation, a sudden change of direction in the dollar could send the stocj soaring. I believe a technical correction in the dollars downtrend is overdue. Short term bearish sentiment is near exhaustion. Get ready for a sharp rally in Tomkins in the next week or two. It looks like the stock is bottoming out and ready to snap back up.

[frangelico] 30/11/2004 20:32

Anyone recommend any other UK-based stocks (large cap) that rely on relative dollar strength?
I'm going long on TOMK and believe the March - and maybe even June 05s - could be rewarding. Any other views?

[money4me] 26/11/2004 21:53

gone long as its been oversold and should get a nice bounce

[mcsean2163] 05/11/2004 18:55

Gone long, could be wrong. Hopefully there's a few more people out there like me who just get fed up and click the button on their cfd platform. There seems to be quite a lot of talk of hedge funds being short on equities, so hopefully they'll reverse that trend and buy into the FTSE for a few weeks... does anyone know where Tomkins tap, sink production base is located?

[iangill] 26/10/2004 08:15

262 breached then, so what chance of seeing 216 in next few weeks, would be interested in Tomk as a value play at that level.

[salska] 11/10/2004 18:47

Long targets of 280p and 346p ... stops @ 262p and 216p respectively.

[tompion] 04/10/2004 19:28

Tomkins at last upwards - heading for 300p.