Yule Catto Share Discussion Threads

[philo124] 26/8/2011 13:27

CR lots of uncertainty; Merkel may face no confidence vote from her own party
for starters.

[cockneyrebel] 26/8/2011 12:39

the market just isn't interested in any bargains at the moment no matter how cheap.

Crazy days again.

CR

[petersinthemarket] 26/8/2011 11:37

excellent results IMO but too much caution in the report. Doesnt take much of a low note to make investors nervous right now.
pim

[petersinthemarket] 26/8/2011 11:32

>>MrOZ
petersinthemarket - 23 Aug'11 - 17:00 - 1061 of 1077 edit
BRIEF-RESEARCH ALERT-Deutsche Bank cuts price targets on European chemical cos
* Deutsche Bank cuts Yule Catto YULC.L price target to 275P from 290P; rating buy
DB cuts target on same day everyone else contributes to a 5% share price increase! pim

[moneybags] 26/8/2011 10:33

Just topped up with 9,686 shares.

Great results

Dividend, Bring it on.........

Moneybags

[philo124] 26/8/2011 09:14

Today, they were bullish previously. I bought pre rights at 180p, took up rights the sold in the 220's. In more certain market i would agree these would
be a good medium term buy.

[broadwood] 26/8/2011 08:43

Yule Catto & Co plc, the international producer of speciality chemicals, has announced interim results for the six months ended 30 June 2011 showing a strong increase in sales and profits, benefiting from good growth in Asia and the acquisition of PolymerLatex

The company reported an underlying profit before tax of £43.5m - up 81% with underlying earnings per share of 10.0p - up 23%. Total sales were £547.7m - up 65%

An interim dividend of 1.2p per ordinary share was also declared; with commitment to at least 3.0p for full year

Adrian Whitfield, Chief Executive, commented:"The Group had an excellent first half, delivering strong growth in underlying earnings.

"We have benefited from our position in Asia, where we experienced strong demand for our products, and the PolymerLatex acquisition is delivering synergies in line with our original plans.

"We remain cautious regarding the wider economic outlook given the recent turmoil in the equity markets, and the expectations of weakening global demand which we have seen some evidence of during July and August.

"However, Yule Catto's strong portfolio of market leading products, our high percentage of sales into Asia and other developing economies, and our near term synergy benefits from the PolymerLatex acquisition underpin the Board's confidence in the Group's prospects for the medium term.

"Whilst the Board anticipates performance in the second half will likely be affected by current macro-economic difficulties, and the usual seasonal effects, in aggregate, with the benefit of the synergies from the PolymerLatex acquisition, full year earnings are expected to be modestly ahead of previous expectations."

[mr.oz] 26/8/2011 07:59

IS that CS target from today ? Or an older one?
cheers

[philo124] 26/8/2011 07:57

CS have target price of 294p. So what do i know?

[philo124] 26/8/2011 07:45

Yes, good results but uncertainty in the short term, like other stocks, Mkt cap c8 times EBITA. Debt £240m. Fairly priced? i don't hold at moment.

[jakedog2] 26/8/2011 07:44

One worry is the 'softening' in the second half.....but that is what the mkt has priced in at current levels.
Also, no mentioned of actual synergy savings other than they were 'good'

Everything else very encouraging.

[cockneyrebel] 26/8/2011 07:40

Extremely good results, commitment to raising the divi to 3p or more and confident enough to say they'll beat forecasts.

Sell off has been unjustified to this extent imo = 40% away from it's recent high here.

CR

[ricky46] 26/8/2011 07:34

good set of results

[davemac3] 25/8/2011 17:25

PIM,

I think you have to pay more to stop the ads

click on the yellow upgrade button at top left and then scroll right down to bottom of page - additional features

I found it annoying too but am not willing to pay more to remove it.

[petersinthemarket] 25/8/2011 17:15

yulc interims in the morning.
no share price action today, so presumably no dramatic news leaked.


sorry for o/t, but i wonder if someone can help with this.
I cannot stop the annoying advfn popunders from appearing when I log on.
I have tried the usual popup blockers and have managed to prevent the popunder content from showing but I still cannot stop the popunder frame from appearing.
Does anyone know how to do it?

regds,
pim

[napoleon 14th] 24/8/2011 16:33

Careful! See TTG...
Even the best are down...
No hard cash going into the mkt for now, as I see it.
Either I'm halucinating, or there's quite a few pennants forming in last week or 2..

[copyright] 24/8/2011 14:28

Interim reults on Friday 26th August, hopefully all going well with integration of Polymer Chemicals and cost synergys and looking to hear about additional cross selling oportunities with existing customers and with existing markets.

[cockneyrebel] 24/8/2011 14:08

Results this week - must get a big spike up on the results off this low surely?

CR

[cocomac0] 23/8/2011 18:36

Ha, that's almost good news.... I mean 275p!!!! it's currently at an idiotic low of 165p. The share price at the moment is still just absolutely ludicrous, and that's even bearing in mind recent market events.

Cheers PIM

[petersinthemarket] 23/8/2011 17:00

BRIEF-RESEARCH ALERT-Deutsche Bank cuts price targets on European chemical cos
* Deutsche Bank cuts Yule Catto YULC.L price target to 275P from 290P; rating buy

DB cuts target on same day everyone else contributes to a 5% share price increase!
pim

[davidosh] 22/8/2011 16:21

Ouch...Somebody pinched that double bottom !!

[gswredland] 22/8/2011 12:17

Thanks for the chart CR. Looking good, but who knows in these markets!

[cockneyrebel] 22/8/2011 11:35

Just double bottomed on long term support?

Oil prices fallin help YULC's costs too.

[pixi] 22/8/2011 00:08

I bought 3500 at 226.4 a while ago and it is holding up well considering the FTSE 100 is down to the 5000 level. I have a lot of confidence in this, so I won't be selling anytime soon to crystalise a loss.