WS Atkins Share Discussion Threads

[last-in] 29/6/2004 15:24

Lets hope we get a good finish then, should see us well on the way to 625 when the shorters will probably come in.

[last-in] 29/6/2004 13:37

Good rise today, back to 600 - no news maybe something about to happen!

[jhowell] 28/6/2004 10:59

doshflusher,


Just to confirm the situation:

"Dividend
The Board is recommending payment of a final dividend of 7.0p, making the total dividend for the year 9.0p. Subject to shareholder approval at the Annual General Meeting, the final dividend will be paid on 1 October 2004 to shareholders on the register on 3 September 2004."

Regards,

John

[chasexx] 24/6/2004 13:50

So I will need to hold the shares until after the 03/09/04 to qualify. Thanks very much.

[chasexx] 24/6/2004 09:30

Novice here. When is the next dividend due and do you have to hold the shares till then to be eligible?

[salpara111] 22/6/2004 08:39

Well I think that I will hold for the forseeable future on the back of these very solid results, all divisions seemingly healthy and serious levels of cash generation which gives plenty of headroom for new contract bidding work.
I'm just afraid that my portfolio is begining to resemble a one trick pony! Nice pony that it is.

[cashflo] 22/6/2004 08:17

Now trading above £6 and no intention of selling any whatsoever, with news like this the price is likely to climb steadily towards £7 with the next few months:

LONDON (AFX) - WS Atkins PLC saw full-year pretax profit surge to more than
56 mln stg in the full year to March, compared with a re-stated 18.7 mln stg
last year, thanks to a lucrative contract to upgrade the London Underground.
This excluded Metronet bid costs, the Colchester Garrison dilution gain,
amortisation of pension fund deficit, amortisation of goodwill, exceptional
items and employee benefit trusts.
Unadjusted pretax profit was 62.0 mln stg, compared with a 45.3 mln stg
loss.
"This reflects the strength of the group's underlying businesses, the
continued control of the group's overheads and the elimination of loss-making
contracts and low margin activities," the company said in a statement.
The results include the first year of activity in the London Underground
Metronet PPP companies.
The forward order book is "healthy," the company said, with approximately 60
pct of budgeted turnover for 2005 secured at the start of the new financial
year.
The company also said Stephen Billingham, group finance director, will leave
the board on Aug 24 to take up the appointment as FD of British Energy PLC and
will be succeeded by Robert MacLeod, currently group financial controller.
Michael Jeffries, chairman of Atkins, said: "The outlook for our markets is
robust. We will continue to focus on our core competencies, with margin
improvement and cash generation remaining key."
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[last-in] 21/6/2004 15:45

Thanks Tony - will take a look at KMR this evening; spread seems on the high side.

[last-in] 21/6/2004 14:10

Yes I am in, see my post 515;

Also got a lot of cash in M&S which is going no where fast so I am thinking of taking profilts there and shifting it to ATK

[last-in] 21/6/2004 13:15

Don't know about 580 for this week, currently 590 and most of us expect to see it back above 600 this week. If the Telegraph report is true then it will get well above the recent highs.