Wellington Hds. Share Discussion Threads

[philjeans] 20/3/2005 08:54

Hope we get more than 185p - that's a steal for this booming little co., benefiting hugely from the continuing higher oil price, among many other keen markets.

Somebody wants this on the cheap!

Don't give it away please directors.

[shirishg] 14/3/2005 17:15

Post removed by ADVFN

[soysoy] 14/3/2005 16:54

Wellington Holdings plc ("Wellington" or "the Company")

Preliminary discussions regarding a possible offer for the Company

14 March 2005 for immediate release

Having noted the recent rise in the Company's share price, the Board of
Wellington announces that the Company has received an approach and is now in
discussions with regard to a possible offer for the entire issued share capital
of the Company in the range of 180p to 185p per share.

First Britannia Mezzanine NV, which holds 29 per cent of the issued share
capital of Wellington, has indicated that it would accept a formal offer in this
range.

These discussions are at an early stage and there can be no certainty that they
will lead to a recommended offer for the entire issued share capital of
Wellington.

Shareholders will be kept informed of further developments.

Pursuant to Rule 2.10 of the City Code on Takeovers and Mergers, Wellington
announces that it has 23,861,946 ordinary shares in issue

[soysoy] 14/3/2005 16:53

seemscheap

[soysoy] 14/3/2005 16:51

LONDON (AFX) - Wellington Holdings PLC said it has recieved an offer
approach is now in discussions with regard to a possible bid for the company in
the range of 180p to 185p per share.
First Britannia Mezzanine NV, which holds 29 pct of the issued share
capital of Wellington, has indicated that it would accept a formal offer in this
range, Wellington said, adding that the discussions are still at an early stage.
tc

[soysoy] 09/3/2005 08:26

WELLINGTON HOLDINGS PLC

Announcement of 2004 Preliminary Results

Wellington Holdings plc, the manufacturer and distributor of specialist polymer
seals for engineering and industrial applications, will announce preliminary
results for the year ended 31 December, 2004 on Wednesday 30 March, 2005.

An analysts meeting to discuss the Group's results and future outlook will be
held at 9.30am on that day at the London Capital Club, 15, Abchurch Lane, EC4N
7BW.

For further information

[soysoy] 19/2/2005 08:04

i came in 170p

[philjeans] 09/2/2005 18:38

Looks as if results will, indeed, bring a Bumper Bundle!

All time high breached today and chart suggests next stop at 210p.

Still time to get on board...........but not for much longer.

[schober] 27/1/2005 08:19

27 January, 2005

Board Changes and Trading Update

..................TRADING UPATE

Wellington Holdings plc is also pleased to announce that the 2004 financial year
has closed on a buoyant note and it is expected that Group results for the year
ended 31 December 2004 will be at the upper end of market estimates. The Board
expects to announce the preliminary results of the Company for the year ended 31
December 2004 on 30 March 2005.

Further, 2005 has started equally well and we expect at this stage to achieve
another year of growth...........................




now whats the forecast?

[philjeans] 26/1/2005 16:17

Very quiet here but chart appears to be strengthening again as results time approaches.

We already know they've had a bumper year and continuing high oil price underpins current trading.

Looking for a breakout by March. Quality play - good old fashioned business selling stuff other businesses want!

[philjeans] 26/9/2004 11:27

Very happy to be over 100% up on these - AND STILL HOLDING!

WHY WOULD I WANT TO SELL? - HAVE YOU SEEN THE CHART?

Just look at those results and the report suggests even better to come - hence the divi up by 10%.

Sell your dross; keep Wellies; buy some more.

[jk8] 22/9/2004 16:20

Makes you wonder if they are a take over target longer term. A good business in a niche area.

My money is on them either being taken private or being bought out by a bigger fish. No knowledge - just speculation.

[jk8] 22/9/2004 16:19

Makes you wonder if they are a take over target longer term. A good business in a niche area.

My money is on them either being taken private or being bought out by a bigger fish. No knowledge - just speculation.

[schober] 22/9/2004 06:56

results out early!!!!


Financial Highlights
2004 2003
Turnover £17.2m £15.4m
Operating Profit* £2.7m £1.8m
Profit before Tax £2.3m £0.6m
Earnings per share* 6.95p 4.0p
Dividend per share 2.4p 2.2p
Interest cover* 8.7x 5.0x
Margins at an excellent 15.6%*

Operating highlights:

1. Order book at near record levels.
2. Sales growth throughout our key market segments.
3. Operating Profit for H1 up 53% on first half of last year..
4. Interest cover up to 8.7x*.
5 Interim dividend increased by 9% to 2.4p
6. Completion of sale of Hampton Site for £6.5m
* Before goodwill amortisation and exceptional items.

H ave to say im amazeed at how good hey arre - even the divi is increased!!!!!

[philjeans] 11/9/2004 17:09

Clearly few followers for this solid performer - JUST LOOK AT THAT CHART!

Results out 23rd and they will be GOOD.

Still a long way North to go! High oil price underpins sales for this business together with surplus land to sell in west London; 5 year record order book and a great yield.

[schober] 30/5/2004 18:38

honourable mention in the telegraph

[philjeans] 29/5/2004 09:06

This will probably get a mention in IC and Shares next week, following the very positive comment at the AGM a few days ago.

Should serve to underpin the recent rise and push the price on again.

Still certain we'll see 150p in due course.

[azalea] 26/5/2004 19:41

philjeans
Good to see you are still in there and getting the just rewards for your patience.

[philjeans] 26/5/2004 17:27

As I said four days ago (see above); no stopping them now!

[schober] 26/5/2004 14:32

By gum!!!! what an upbeat agm statement! - our order book overfloweth!!!!

also site sale and leaseback details and cost savings!!!!

[philjeans] 22/5/2004 09:06

Virtually overlooked but this little company is a major beneficiary from a high oil price; it makes and sells industrial seals - a large part of the business supplying the oil and gas industry around the world.

With more and more exploration and output now triggered by a high (and probably continuing high)oil price, Wellington has a massive order book; a rapidly rising turnover and much better margins following the major restructuring seen over the past year.

I bought a pile at 80p and am very happy to hold until they double; looking for 150p by autumn. Institutions hold quite a wedge. Good yield.

Latest report was extremely bullish and I think it's well overdue for another uplift. The high oil price can only help.

[philjeans] 29/3/2004 19:13

Well it was worth the wait; absolutley solid and splendid results in the second half.

Very POSITIVE trading statement and the chart says it will accelerate upwards; once it gets past the previous high of around 108p, it should clear 150p by mid summer.

Looks a steal and completely overlooked currently.

[lisleryder] 05/2/2004 23:33

Why the sudden steep fall?

[schober] 04/2/2004 19:15

baker hughes rig count looking good




and graphically