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TOMK Tomkins

324.40
0.00 (0.00%)
27 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tomkins LSE:TOMK London Ordinary Share GB0008962655 ORD USD0.09
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 324.40 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 324.40 GBX

Tomkins Plc (TOMK) Latest News

Real-Time news about Tomkins (London Stock Exchange): 0 recent articles

Tomkins Plc (TOMK) Discussions and Chat

Tomkins Plc Forums and Chat

Date Time Title Posts
27/7/201020:54Tomkins with charts184
21/4/200816:57Tomkins - Outlook29
21/4/200816:55Tomkins - Anybody Interested147
21/12/200408:18Buy Signals1
09/10/200107:50Guns & Bun's ????????????2

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Tomkins Plc (TOMK) Most Recent Trades

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Tomkins Plc (TOMK) Top Chat Posts

Top Posts
Posted at 27/7/2010 10:05 by wad collector
Up to the offer price now.Time to go?

...I'm outahere.323.7 will do me , still a tiny bit of uncertainty and cost me a dealing fee, but I would rather invest elsewhere today.
Posted at 23/7/2010 11:56 by sandlab
Comment in the Telegraph in two separate pieces:

However, for Tomkins, the honeymoon has been soured slightly – with chatter of close ties between Onex and Tomkins' management ruffling some feathers. Pride, said some shareholders, prejudice said those close to Tomkins.

and

Conversations over a bid are understood to have begun four months ago and were sparked by the close ties between Jim Nicol, Tomkins' chief executive, who is Canadian, and Onex. Mr Nicol knew Onex while he was chief operating officer at car parts maker Magna.

The steady climb back from 294 to that initial price, after the announcement, is almost complete.

Not sure which way to interpret the above pieces. Let go soon or hold on for further possible action?
Posted at 22/7/2010 12:03 by wad collector
There is still a 19p gap between offer price and todays share price ; there is some uncertainty there, suspect most of us are holding for the extra 19p and no dealing costs, but only Jon827 confident enough to buy now for a quick 5%.
Posted at 02/6/2010 16:21 by deanforester
The exchange rate for the final dividend has been posted today:



Interim Dividend payment 10 June 2010 – Exchange Rate

The exchange rate for calculating the sterling final dividend payment for the year ended 2 January 2010 has been established at US$1=£0.682798. Therefore, the final dividend payment on 10 June 2010, declared at the rate of 6.5 US cents per Ordinary share, will convert to a sterling equivalent of 4.438187 pence per Ordinary share on the register at record date 7 May 2010.

DF
Posted at 19/5/2010 08:25 by loganair
Tomkins, the maker of systems and components for the industrial and automotive markets, could be worth up to two-thirds more than its current market price in Nomura's best-case scenario.

"Extensive rationalisation, structural growth opportunities and potential for significantly higher returns warrant a re-rating of the stock, in our opinion," writes the Japanese broker.

It expects structural (excess) growth of around 4-5% in the next cycle worth an extra 50-60p a share, driven by expansion in green markets, aftermarket opportunity in Asia and structural shift in the consumer demand towards small cars.

Nomura maintains its 'buy' rating and increases its target to 320p from 240p, but thinks the stock is worth about 410p in its best-case scenario
Posted at 01/3/2010 11:10 by iangill
In line with guidance previously given, the Board proposes a final dividend for
2009 of 6.50 cents per share, which, based on the number of shares currently in
issue, will amount to $57.4 million. When taken together with the interim
dividend of 3.50 cents per share that was paid in November 2009, the total
dividend proposed for 2009 is 10.00 cents per share (2008: 13.02 cents per
share). The Board will seek to resume its progressive dividend policy as soon as
the Group's results and market conditions allow.
Subject to approval by shareholders at the Annual General Meeting on 1 June
2010, the final dividend will be paid on 10 June 2010 to shareholders on the
register on 7 May 2010. Shareholders with registered addresses in the UK and the
Republic of Ireland will receive their dividends in sterling, unless they choose
to receive them in US dollars. All other shareholders will receive their
dividends in US dollars. Any currency elections need to be received by the
Company's registrars, Equiniti, no later than 21 May 2010. The exchange rate
that will be used to calculate the dividend amount payable in sterling will be
determined by reference to the prevailing forward exchange rate for the dividend
payment date achieved by the Company on or around 1 June 2010. We will publish
the exchange rate on the Company's website on the following day.
.
Posted at 08/1/2010 18:27 by deanforester
FTalphaville says there are rumours of two PE firms sniffing around, with 30% premium as a possible take-over price.



NH
Tomkins
BE
Aha!
BE
rumours of a bid have been doing the rounds for weeks and weeks
BE
have you finally managed to put some meat on the bone?
NH
meat on the bone. RAW. excellent
NH
I think so
NH
what I am hearing is this
NH
two private equity groups are weighing a bid for the company
BE
!
BE
Tomkins would be a big mouthful for PE
BE
market cap of £1.8bn
BE
and then the debt
BE
actually the debt is not too bad – expected to have come in at $450m at the end of the 2009
NH
I agree it would be a mouthful
NH
but apparently they have got financing
NH
it is there
NH
if they want it
BE
who are these bidders then?
NH
well, the people who have been looking
NH
are TPG and another company called Onyx
NH
TPG being Texas Pacific
NH
and BofA Merrill would provide the finance
BE
any indications of price?
NH
not really
NH
but one imagines they would have to offer the standard 30% premium from here
NH
if not a little bit more

and it goes on further. Too much to post here with Broker comments.
Posted at 16/12/2009 10:07 by betman
Well, yet again FT mentions recent bid speculation. Or else just good broker upgrade and recovery in the US. Price highest since end 2007 is good news what ever the reason. Also rising volume as well which is very positive
Posted at 17/8/2009 11:37 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 13/8/2009 09:44 by deanforester
Obviously something is screwed up in ADVFN's RNS system. The Placing RNS at 0600 on 13/08/09 is nothing to do with TOMK, and they have not picked up the interim results RNS.

That you can see at

1. KEY POINTS

* Sales were $2,002.3 million (H1 2008: $2,927.0 million)
* Adjusted operating profit(1) was $82.3 million (H1 2008: $242.7 million(2))
* Adjusted operating profit of ongoing segments was $89.8 million (H1 2008: $240.6 million(2))
* Loss before tax was $114.9 million (H1 2008: profit of $61.3 million(2))
* Operating cash flow(3) was $14.6 million (H1 2008: $90.4 million)
* Net debt was $515.9 million (H1 2008: $702.8 million, FY 2008: $476.4 million)
* New $450 million forward-start committed borrowing facility completed, maturing in May 2012
* Adjusted diluted earnings per share(4) were 2.99 cents (H1 2008: 16.84 cents(2))
* Diluted loss per share(5) was 14.07 cents (H1 2008: earnings of 0.42 cents per share)
* Interim dividend of 3.5 cents per share (H1 2008: 11.02 cents)
* Restructuring initiatives on track to achieve cost savings of $150 million per annum by end of 2011
* H1 2009 headcount reduction of 3,900
* Acquisition of Hydrolink to complement Gates Engineering & Services

(1) Operating profit before restructuring initiatives, impairments and the amortisation of intangible assets arising on acquisitions.

(2) Restated to reflect the adoption of an amendment to IFRS 2 'Share-based Payment' (see note 1 to the accompanying financial statements).

(3) Operating cash flow is cash generated from operations less net capital expenditure.

(4) Adjusted earnings per share is based on earnings from continuing operations before items excluded in arriving at adjusted operating profit and related tax effects.

(5) From continuing operations.

The interim dividend for 2009 of 3.5 cents per share will be paid on 19 November 2009 to shareholders on the register on 16 October 2009. Shareholders with registered addresses in the UK and the Republic of Ireland will receive their dividends in Sterling, unless they choose to receive them in US dollars. All other shareholders will receive their dividends in US dollars. Any currency elections need to be received by our registrars, Equiniti, no later than 29 October 2009. The exchange rate that will be used to calculate the dividend amount payable in Sterling will be determined by reference to the forward exchange rate achieved by the Group on or around 5 November 2009 for settlement on the dividend payment date. This rate will be published on the Group's website on the following day.
Tomkins Plc share price data is direct from the London Stock Exchange

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