Vesuvius Share Discussion Threads

[cellular3] 02/3/2017 22:39

Vesuvius chart lives up to its history

[cc2014] 02/3/2017 12:39

I guess I'll take this one off my radar now and move on to the next trade. Possible short closing today driving the price?

[inki] 02/3/2017 12:14

Does somebody know something that is not in the public domain, can be the only question here. The PE is massive, and the recovery is just so great in the figures. I am happy to have got out at 540.75

[gorse] 02/3/2017 11:12

Just sold my wife's holding at 540odd. Got a few left in a Finspreads Trading account.

[cc2014] 02/3/2017 10:50

Nor me - they don't look that good. I sold at 519 and thought I'd done really well !

[gorse] 02/3/2017 10:17

Make that 15%!

[gorse] 02/3/2017 08:58

Can't understand why these have jumped 10% on results, but I'm not grumbling.

[cc2014] 18/1/2017 13:08

Broken through 400 now where alot of volume went through. Seems to have moved up with little resistance. Clear resistance around 520-530 but hard to work out what other resistance points along the way as chart is a congested. Possibly 470-480?

[luckymouse] 15/11/2016 23:29

Steel prices rising significantly

[cc2014] 08/8/2016 10:41

This from today: IN THE KNOW: Vesuvius Well Positioned To Benefit From Market Trends Vesuvius performed ahead of Investec's expectations for the first half of 2016, as the metal flow engineering company looks to benefit from...

[cc2014] 08/8/2016 09:22

No idea - Chinese manufacturing data was poor so it's not that. This is now getting close to my terrible entry points between 395 and 420. Huge sigh of relief ;-) I sold all my others from much lower down in the 345 to 355 area

[robsy2] 08/8/2016 08:25

this seems quite perky today.Anyone got any idea why? R2

[cc2014] 22/7/2016 09:33

Panmure Gordon predicts "another almighty crash" in the steel market and thus feels molten metal flow engineering company Vesusvius will not be.. I guess they were on the wrong side of this as the price started moving up fast !!

[chadders] 08/7/2016 08:58

I think the fact that VSVS does huge trade in $, euros and RMB hasn't been factored in. The £ has plummeted against all of them.

[wipo1] 27/6/2016 16:59

Good luck robsy2. I'm staying in cash for now.

[robsy2] 27/6/2016 14:12

I have bought a few more in the Brexit sale. R2

[wipo1] 14/6/2016 19:34

Looks a good entry point on the chart for long term investment

[postmanpat11] 13/6/2016 18:19

Just took this by Panmure from Research Tree… "The economics of the US steel industry continue to improve, albeit not because of demand. Tariffs are helping to cut Chinese imports in the US markets, where steel prices are now up 70% since the low point in December 2015. More importantly, capacity utilisation at US steel mills has improved from 60% in December 2016 to 75% in early June... Higher US steel prices and capacity utilisation matters to Vesuvius as US mills restock on consumables. The management is not relying on a turnaround to deliver cash returns. However, as fundamentals improve the risk to our forecasts are on the upside."

[thomasthetank1] 09/5/2016 12:10

Read Panmure Gordon & Co's note on VESUVIUS PLC (VSVS), out this morning, by visiting hxxps://www.research-tree.com/company/GB00B82YXW83 "Vesuvius will issue a trading update on Thursday and we expect the management to remain cautious about trading, particularly given that China appears to be reversing its policy of cutting capacity. However, we continue to believe that the fundamentals of the steel industry are improving and... We believe as its exports are made increasingly unwelcome across the world, China will have no option but to cut capacity as domestic stocks rise and losses mount. US steel prices are up more than 50% and this matters more to Vesuvius as..."

[wipo1] 12/4/2016 11:04

I sold vsvs(309p) beginning of last month to buy Sony. Back on my watch list but nervous about this sector in general and staying mostly in cash over the summer.

[dins1249] 12/4/2016 08:38

On Tuesday Jefferies International downgraded its broker consensus on shares of Vesuvius (LON:VSVS) giving the company a ‘Underperform’ rating. Jefferies International gave shares of Vesuvius a price target of 255 indicating a potential decrease of -16.48% from Vesuvius’s current price of 305.3.

[cc2014] 12/4/2016 07:59

Interesting price this morning. Couldn't resist

[cc2014] 03/3/2016 13:08

hmm - I thought the results were pretty good considering the economic backdrop and clearly someone agreed with me first thing since it opened at 345. Hopefully it will move up during the day as the weak sellers exit

[chadders] 03/3/2016 10:51

Solid results as per the management guidance. PE of 11 and dividend of 5% so will hold. Should recover from here methinks