Victrex Share Chat (VCT)

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Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Victrex Plc	LSE:VCT	London	Ordinary Share	GB0009292243	ORD 1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	+28.00p	+1.19%	2,376.00p	2,366.00p	2,372.00p	2,372.00p	2,332.00p	2,332.00p	273,101	16:35:12

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Chemicals	326.0	127.5	128.8	18.4	2,046.48

Victrex Share Discussion Threads

Showing 551 to 573 of 575 messages

Chat Pages: 23 22 21 20 19 18 17 16 15 14 13 12 Older

Date	Subject	Author	Discuss
29/11/2018 09:15	From The Times this morning: There was no sign of relief for Victrex plc (VCT), the supplier of plastic polymers to the aviation, oil, gas, automobile and technology sectors. The FTSE 250 company, whose share price is down 29% since September, fell 146p to £23.88 after analysts published opinions ahead of its full-year results next week. Companies in the car, semiconductor and Apple supply chains have cut their guidance recently as demand has slowed, analysts at Barclays noted. However, the valuation of Victrex, which sells between 20% and 30% of its volume in those markets, “is right at the top end of its historical range”. The bank cut its target price to £23.20 from £23.80, saying that it expected the results to reflect that demand is cyclical and that valuation “needs to adjust to reflect that reality”. ;Analysts at Liberum estimated that more than two thirds of Victrex’s revenues come from cyclical markets and noted that its earnings had suffered in 2009, after the global crisis. They still issued a “buy” rating, though, saying that cashflow had been strong, special dividends were likely to recur and the product pipeline looked “promisingR21;.	robinnicolson	Read Full Thread Reply
28/11/2018 17:56	Slowing global growth and today there was a broker downgrade, Barclays cutting target price to 2320p from 2380p.	robinnicolson	Read Full Thread Reply
28/11/2018 16:32	hmm, what's going on?	artibee	Read Full Thread Reply
13/10/2018 11:17	December 4th Prelims	godwin2	Read Full Thread Reply
12/10/2018 10:55	That Morgan Stanley downgrade note can be read over on the FT Alphaville webpage.	robinnicolson	Read Full Thread Reply
12/10/2018 10:26	DAB, the other 4 were SOM, GAW, XPP and IPX - they are all core holdings, as is VCT. Croda is on my watchlist.	crazycoops	Read Full Thread Reply
12/10/2018 10:20	Looking at the weekly momentum and relative strength charts for Victrex, they indicate the steepest decline since IG Markets have available data (1996)...extremely oversold!!	robinnicolson	Read Full Thread Reply
12/10/2018 09:44	'Morning Crazycoops, Would it be too rude to ask which the other four are, just out of curiosity? Always looking for quality watchlist candidates if people are willing to share. I've been surprised by the Victrex share-rice action this week. Obviously there is the general market environment, but it felt particularly severe here. In case you were not aware, my best guess was that is has been read-over from the PPG announcement in the US: hTTps://www.cnbc.com/2018/10/09/economic-proxy-ppg-shares-plunge-on-weaker-demand-higher-costs.html Another speciality chemical company, but other than that not fully convinced about the appropriateness of the comparison quite yet. Croda also got hit quite hard, so I wonder whether - as the market was falling - it simply became a case of Chemical=Bad perceptions. FYI re Q3: hTTps://www.investegate.co.uk/victrex-plc--vct-/rns/interim-management-statement/201807250700046360V/ Final results early Dec I would guess. Hope some of that helps. Very best, DB	dab26	Read Full Thread Reply
12/10/2018 07:36	Morgan Stanley have downgraded VCT to underweight with price target of 2300p which probably explains why they aren't bouncing with the other four "quality compounders" I topped up yesterday. Q3 update next week I imagine?	crazycoops	Read Full Thread Reply
04/10/2018 08:40	Thanks also.	srichardson8	Read Full Thread Reply
03/10/2018 18:37	Thanks. That must be it then. Maybe wait for the dust to settling then top up?	artibee	Read Full Thread Reply
03/10/2018 17:39	There was a downgrade by Merrill Lynch from 'buy' to 'neutral' on valuation grounds. They said that outperformance of 40% in the past 12 months has priced in Victrex's 'quality premium', with the shares at a 56% premium to European peers at 25 times 2019 earnings. They also see possible new-term risk to volumes from the weak auto market and foreign exchange headwinds lasting into 2020.	robinnicolson	Read Full Thread Reply
03/10/2018 16:55	hope it is just a buyers strike. Annoying me as well	srichardson8	Read Full Thread Reply
03/10/2018 16:34	have I missed something today?	artibee	Read Full Thread Reply
25/9/2018 09:41	My timing was off too - bought in June at £31 to see it immediately fall under £29. Looking OK now though. I'll take 50% p.a. any day !!	villarich	Read Full Thread Reply
20/9/2018 13:38	I seeded this at about 3200 so good to see some strength from my get-go (usually my timing is carp). Nice steady uptrend (about 50% pa). At top of channel for now but looking good. GLA	sogoesit	Read Full Thread Reply
18/9/2018 12:07	More all time highs!	villarich	Read Full Thread Reply
14/5/2018 10:48	Hmm, scratching my head a bit with this morning's price action. I presume there has been a broker downgrade following the outlook statements (will try and check)? Which would seem strange given the in line (despite currency headwinds and tough LfL comparatives) comments today.	crazycoops	Read Full Thread Reply
30/4/2018 10:52	Barclays downgrade	artibee	Read Full Thread Reply
12/2/2018 08:10	Upgrade Logout MonitorQuoteChartsTradesNewsFinancialsToplistsAlertsPortfolioLevel 2Free BBPBB Copyright © 2018 ADVFN plc Switch to Desktop View Current Price 2,424.00p +0.00p+0.00% Bid PriceOffer Price2,410.00p2,412.00pHigh PriceLow PriceOpen Price---Shares TradedLast TradeMarket Cap (m)006:41:422,081.60 Victrex PLC AGM & Q1 IMS Intraday Victrex Chart 09/02/2018 7:00amUK Regulatory (RNS & others) TIDMVCT RNS Number : 3712E Victrex PLC 09 February 2018 9 February 2018 Victrex plc AGM and Q1 Interim Management Statement 'A strong start to 2018' Victrex plc, an innovative world leader in high performance polymer solutions, today releases its first quarter (Q1) Interim Management Statement ahead of its Annual General Meeting (AGM) being held today. Victrex made a strong start to its 2018 financial year, with a continuing positive performance in the Industrial business, offset by a slightly weaker performance in Medical. Against a weaker comparative, Q1 revenue of GBP78.7m was 41% ahead of the prior year period (Q1 2017: GBP55.7m), with Q1 Group sales volume of 1,051 tonnes being 30% ahead of the prior year (Q1 2017: 810 tonnes). Alongside continuing strength in Industrial, the Group's Q1 performance also reflects three specific items which were not in the comparative period. These are the benefit from currency hedges taken on at the most favourable post-Brexit rates; sales from our Zyex acquisition; and a sizeable proportion of volumes for the large Consumer Electronics order, compared to negligible volumes in Q1 2017. Excluding these items, our underlying momentum is broadly unchanged from the positive performance we saw in the second half of 2017. Victrex saw good performances across most end markets, with Electronics being the strongest performer and a steady start in Aerospace. Medical saw a weaker end to the quarter, although we continue to see progress in our innovative PEEK-OPTIMA(TM) HA Enhanced product for the Spine market and outside the US. Our pipeline of new products remains strong. We have now started supplying the first parts for our Gears mega-programme to a major European car manufacturer, whilst in Magma, a deployment of a 2.5km flowline by Tullow Oil in West Africa supports our expectations of growth this year. Victrex retains a highly cash generative business model, with no change to its financial position since 30 September 2017. Currency remains supportive for 2018, with the most favourable currency rates coming through in the first half and a heavy bias towards Q1. Looking further ahead, Sterling's re-rating currently implies an increasing headwind for 2019. Outlook Jakob Sigurdsson, Chief Executive of Victrex, said: "Victrex has made a strong start to 2018. If the strength in our Industrial business continues to offset weakness in Medical, it could offer a limited degree of upside potential to expectations, although it remains very early in the year and our underlying momentum is broadly unchanged from the second half of 2017. "Our priorities for 2018 are to remain focused on driving growth, on cost efficiency and to show further progress in our Polymer & Parts strategy." Enquiries: Victrex plc: Andrew Hanson, Director of Investor Relations & Corporate Communications   +44 (0) 7809 595831 Louisa Burdett, Group Finance Director +44 (0) 1253 897700 Jakob Sigurdsson, Chief Executive +44 (0) 1253 897700 About Victrex: Victrex is an innovative world leader in high performance polymer solutions, focused on the strategic markets of Automotive, Aerospace, Energy, Electronics and Medical. Every day, millions of people rely on products or applications which contain our materials, from smartphones, aeroplanes and cars to oil & gas operations and medical devices. With over 35 years' experience, we are moving beyond the polymer into semi-finished and finished products which shape future performance for our customers and our markets, and drive value for our shareholders. Find out more at www.victrexplc.com Analyst and investor call: A conference call for analysts and investors will be held this morning at 08.30am GMT. Dial in details +44 (0) 3333 000804 PIN: 22224538# This information is provided by RNS The company news service from the London Stock Exchange END MSCSSFFMAFASEDE (END) Dow Jones Newswires February 09, 2018 02:00 ET (07:00 GMT) Victrex Share Price TodayVictrex Share Price ChartVictrex Share ChatVictrex NewsVictrex Share Price HistoryVictrex FinancialsVictrex DividendsVictrex TradesVictrex Level 2Add Victrex to WatchlistAdd Victrex to your PortfolioVictrex Share Price Alert Switch to Desktop View By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions Share and Investment Glossary Investment WarningCopyright © 1999 - 2018 Cookie and Privacy Policy . ADVFN UK Investors Hub ADVFN Italy ADVFN Australia ADVFN BrazilADVFN Canada ADVFN Germany ADVFN JapanADVFN MexicoADVFN France ADVFN US Finance Manila	return_of_the_apeman	Read Full Thread Reply
05/2/2018 13:34	Arf Dysg - Everything down today :-(	losos	Read Full Thread Reply
02/2/2018 15:02	Looks like the price dropped by more than the dividend.	arf dysg	Read Full Thread Reply
31/1/2018 12:37	kohsam - "Really? A positive change?" Not sure, new bloke has background in T/O & Restructuring, might be good, might be bad, like I said interesting times ahead :-)	losos	Read Full Thread Reply

Chat Pages: 23 22 21 20 19 18 17 16 15 14 13 12 Older