Vesuvius Share Discussion Threads

[plat hunter] 29/3/2022 10:55

It is, well done there linton

[linton5] 29/3/2022 09:54

Choo choo look at wizz that’s a boom boom hahahaha

[plat hunter] 29/3/2022 07:03

Took a small bit at the beginning of the month, doubled up this morning.Charts looks good imo...gl all

[currencytrader1] 29/3/2022 06:54

Fundermentals and last results strong, im looking to add on drops. Its not a glamorous business and forgotten by the market for now...

[philanderer] 28/3/2022 18:03

currencytrader, I hope you got them @ 349p ;-)

Fall is a bit worrying.

Chartwise there should be support around 302p from march 2020 then 285p (february 2016).

Hopefully won't come to that. I'm still holding.

[currencytrader1] 24/3/2022 15:09

Just grabbed a portion myself, was waiting for 430s but don't think it will happen, 449p will do for a 12 month hold... GLA

[linton5] 22/3/2022 14:06

Took a wee starting point looks like it’s a wee gem forgotten about

[philanderer] 09/3/2022 14:16

RBC raises Vesuvius to 'outperform' (sector perform) - price target 475 (540) pence

[philanderer] 03/3/2022 15:54

JPMorgan cuts Vesuvius price target to 485 (503) pence - 'neutral'

[currencytrader1] 03/3/2022 11:41

You and me both, no one interested in taking a long term view on anything.
Can only guess its heading to covid drop at early 3s..

[salpara111] 03/3/2022 11:35

Really confused, but there appear to be plenty of companies reporting good results recently only to see either no reaction or very negative.
Like most holders here I am well under water but I can't bring myself to sell.

[philanderer] 03/3/2022 10:16

And they've not gone down well at all.

[philanderer] 25/2/2022 11:55

Results next thursday

[philanderer] 11/2/2022 11:52

Jefferies cuts Vesuvius price target to 705 (730) pence - 'buy'

[philanderer] 21/12/2021 10:57

Multiple growth drivers at Vesuvius, says Peel Hunt


There is plenty of opportunity at industrial engineer Vesuvius (VSVS) thanks to multiple factors working in its favour, according to Peel Hunt.

Analyst Harry Philips reiterated his ‘buy’ recommendation and increased the target price from 435p to 570p on the stock, which fell 0.9%, or 3.8p, to 426p on Monday.

‘The outlook for global steel demand ex-China continues to be positive heading into 2022 with a further underpin from low finished steel inventories in Europe and North America,’ he said.

‘Add in the recovery profile of global auto production expected to drive [the foundry division; in 2022 and Vesuvius is set for a good start to the year.’

Philips added: ‘The pricing model is robust and well proven, which gives us confidence in the ultimate delivery of the 12.5% operating margin albeit we do not currently have it reflected in our forecasts, so more opportunity.’


hxxps://citywire.com/funds-insider/news/expert-view-marks-and-spencer-hiscox-keywords-sig-and-vesuvius/a2375393?section=funds-insider&_ga=2.75673173.1961244594.1640083825-985641414.1640083825#i=6

[philanderer] 20/12/2021 10:41

JEFFERIES RAISES VESUVIUS PRICE TARGET TO 730 (725) PENCE - 'BUY

[philanderer] 12/11/2021 11:13

MORGAN STANLEY CUTS VESUVIUS PRICE TARGET TO 570 (590) PENCE - 'EQUAL-WEIGHT'

[philanderer] 11/11/2021 14:27

Vesuvius YTD revenue growth broadly in line with expectations

Engineering and technology firm Vesuvius said on Thursday price year-to-date revenue growth was broadly in line with internal expectations, leading the firm to forecast full-year group trading profits towards the lower end of analysts' projections range.


[...]

[salpara111] 11/11/2021 11:35

Personally I've never paid any attention to broker targets.
I remember reading a study a while back that looked at broker consensus targets for FTSE 250 stocks at the beginning of a particular year and found at the end of year that there was a NEGATIVE correlation between targets and outcomes!
Having said that, I maintain my view that if I see another more attractive proposition I will jump ship.

[philanderer] 11/11/2021 10:38

JPMORGAN CUTS VESUVIUS PRICE TARGET TO 503 (589) PENCE - 'NEUTRAL'

[philanderer] 11/11/2021 10:32

Good update and I'm happy to hold.

[salpara111] 11/11/2021 08:30

As a holder who is under water I'm not really sure what to do here.
Pros and cons in the update leaving a broadly neutral outlook.
I guess if I see another opportunity that looks more attractive I will sell but inclined to hold for the moment.

[philanderer] 09/11/2021 18:14

Trading update thursday