Wellstream Share Discussion Threads

[dalstal] 28/8/2009 13:40

monsta - yeh longed a few - will see what it is at days end - to add some more. but looks like it prefered the bounce.

[monsta2] 27/8/2009 23:37

id be surprised if that trendline didnt hold esp considering up day in markets tomorrow and it sheld since lows last nov and any bad news is out ie results few days ago when it dipped to this level but bounced over a fiver sharpish. so looks a good bet here imo

[dalstal] 27/8/2009 21:50

not necessarily - if it can bounce of that up trend then its good to go back up to 580 - if it doesnt hold i personally would look to go short. Interesting one though.

[fivepounds] 27/8/2009 21:42

from a chartists perspective its heading further down to £4

[mr.oz] 27/8/2009 18:57

would like a chartists perspective , please , anyone?

[romantic rambo] 27/8/2009 16:25

where is everbody today
looks like it will finish at session low

[romantic rambo] 27/8/2009 15:43

any wellstream junkies thoughts on why these are tanking today
many more buys than sells
i think the price is being manipulated
answers on a postcard

[romantic rambo] 27/8/2009 14:44

whats happening

[sjhanna2109] 21/8/2009 21:29

Agree Hardy...this share has great prospects and I would say not only long term. I expect a continued movement northward over coming months.

Whats happening over at GOO. Have been watching it over past number of months. Is this just a correction or is there something more substantial behind the rise.

[hardie1961] 21/8/2009 10:37

Bright start to the day. Long Term WSM have good future.

Hi Cecky....got on board GOO this morning. Good luck. GOO are up 31% already. Expecting to multibag on GOO.

WSM good buy at prest ptice as long term hold

[cecky] 21/8/2009 09:51

cecky - 20 Aug'09 - 16:53 - 2010 of 2011 edit


That was a disappointing day.

If you want some excitment and a large potential multibagger then check out GOO.
Vast oil reserves offshore Peru.

Time to get in.....NOW...

aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
Gold Oil up 22% so far this morning.
Time to get onboard

[quidzinn] 21/8/2009 08:24

out @490 :)

Q

[cecky] 20/8/2009 16:53

That was a disappointing day.

If you want some excitment and a large potential multibagger then check out GOO.
Vast oil reserves offshore Peru.

Time to get in.....NOW...

[chillwill] 20/8/2009 10:48

quidzinn - could work out nicely for you, i'm too much of a wuss to do things like that, just sold my WG. as they're reporting wednesday and don't want to be holding them if they have a similar reaction!

[jonnyp2004] 20/8/2009 10:24

Lol almost got excited at the 8.5% ! Keeping a close eye on this one for a longer term hold

[marketshaker] 20/8/2009 09:56

Sorry all. Early morning calculatoritis. Ignore my rubbish spouting. Trying too hard to see the silver lining.

[quidzinn] 20/8/2009 09:51

I'm in for the bounce with 5000 shares @471.3p on a T5

Q

[miss womble] 20/8/2009 09:48

Market shaker. I think you need to check your maths. I make the dividend some 0.85% not 8.5% Regards MW

[finess] 20/8/2009 09:40

Well well well wot av we ear,

Back in this morning , still a mysterey to me this share as to why it moves as it does.
I use a very technical system. Sell above £5.00 and buy under.

[marketshaker] 20/8/2009 09:37

4p div based on 468p share price. Great yield of 8.5%. I think selling is overdone. MAy be a chance to pick up some cheap shares.

[simon gordon] 20/8/2009 09:23

Trying to decipher the RNS was difficult. The brokers must have been given the hard numbers and reduced forecasts (profit warning). It is pretty vexing that we do not get the full picture, just spiel.

[chillwill] 20/8/2009 08:51

Jeez, nearly bought some of these the other day! Lucky I didn't - results don't look all that bad; fair enough profits have dropped but still made £25m

[ohisay] 20/8/2009 08:37

Earnings pick up not forecast until mid 2010 so no excitement in the short term.
Should get support at 450p and then a good long term hold.

[fivepounds] 20/8/2009 08:29

matchstik - 19 Aug'09 - 21:10 - 1997 of 1998

I was referring to the brokers!!!!!

[cwavecrest] 20/8/2009 07:21

WELLSTREAM HOLDINGS PLC
No real surprises. Most likely to see sub £5 soon!



INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2009




Wellstream, a leading designer and manufacturer of bespoke flexible pipeline products, systems and solutions for the oil and gas industry, today announces its interim results for the six months ended 30 June 2009.




Headlines




Revenues up 11.8% to £202.7m (H1 2008: £181.4m) driven by installation revenues and completion of the capacity expansion programme

Operating profit of £25.3m (H1 2008: £42.5m) reflecting softening of pricing, a shift in product mix and increased installation revenues where margins are lower

Profit before tax of £24.5m (H1 2008: £40.8m)

Earnings per share of 16.9 pence (H1 2008: 28.1p)

Interim dividend maintained at 4 pence per share (H1 2008: 4 pence)

Cash from operations of £21.4m (H1 2008: £44.5m)

Revenue Backlog of £215m (H1 2008: £295m)