Yule Catto Share Discussion Threads

[broadwood] 02/2/2012 11:22

The fact that they recently announced they would meet analyst's expectations was good enough to give some relief after they had previously said there was some volume slowdown. And they are also maintaining margins.

Six weeks to wait for the next instalment.

[goofball25] 02/2/2012 11:16

For what its worth..dont know if anyone saw, but collins stewart came out with a tp of 293p yesterday.

[cockneyrebel] 02/2/2012 10:15

Nicely through £2 :-)

CR

[kimball808] 01/2/2012 22:18

could be good buying point in a couple of days...

[cocomac0] 01/2/2012 18:09

To me this shows very evidently that there is currently allot of volume, per the volume oscillator. Also shows MACD, where long term and short have nearly converged. As per my previous comments I don't really believe MACD is much more than arbitrary............ however if enough people do believe in it then it becomes significant and will influence share price. Given the high volume, there's allot of potential to shift the share price allot either way, question is will it bump it up or down, 200p I would of thought will be fairly key. If people believing in the MACD start to sell, could spread like wildfire.

As has been said by others tho....... upcoming results could bump it up, and of course there is nothing to confirm any bid rumours either way, so could still be positive

Ultimately........ I just ain't sure, so won't invest at the moment.
Cheers.

[cocomac0] 01/2/2012 17:50

Yep....... who knows tho, could go either way, am just not sure at the moment so definitely not confident enough to put money back in, in which case I'll have to put it down to damn bad luck, suppose that's part of the game tho.

Cheers for everyone's input, glad some threads have sensible people in them!!! Good luck to everyone.

[cockneyrebel] 01/2/2012 12:45

cocomac8 - some people have to sell, for various reasons. In my view anyone selling YULC in size here may well be a forced seller.

Anyway, th price tickling over £2 and back this am - looks like there's plenty want to get long here imo.

CR

[peaeff] 01/2/2012 12:09

coco

Still plenty of upside at ELM and price may suit your pocket. AIMO

[goofball25] 01/2/2012 11:03

hopefully about to move over 200, decent vol...

[cocomac0] 31/1/2012 23:58

Hey CR

Just wondering what you mean by forced sellers. Cheers

Suppose I am really just saying I reckon the rally has been on th back of false bid rumours, like previous times when it was really annoying coz they did more harm than good and share price took a massive tumble after the last one never resulted in a takeover, then came the summer time eurozone collapse. I would have thought with good recent gains people would be careful to protect profit if share price doesn't rise much, and instead takes wee bit of a tumble.

Just frustrated with this stock coz I had it for few years, then of late saw it jump from around 150 to 180, which even then seems undervalued to me. When it jumped up for about 4th time I just thought christ if I don't sell I'll just miss out, inspite of feeling it's still undervalued........... and of course what happens........... Yep............ Wham!!! up 10% in one day pretty much as soon as I had sold.......... so bloody annoying........ so typical.

Will buy back in if it does fall back down, if not am staying out in a huff, and will just watch share price skyrocketing and I'll sit and despair coz I won't be able to stop myself! Typical!!!!

I would expect good results and a rally ahead of it tho....... as u say.

Cheers.

[cockneyrebel] 31/1/2012 19:21

I think that depends on the market in general.

In my experience when a stock races up like this then consolidates it wants to go higher but it's treading water. Look at CIU, same chart formation, it's a timing thing imo. The stock is likely to trend positive up to the results more or less imo in early March. CIU also has results in early March.

When co's put out positive news there's a tendancy for stocks to rally some point ahead and then to trade fairly flat to rising as buyers get in ahead of those results imo.

Never guaranteed - there's several variables like the market in general, forced sellers etc.

But in my view I suspect these have a firm month ahead of the results like many co's have.

All just my opinion.

CR

[cocomac0] 31/1/2012 18:28

Hey, no news of late........... am guessing the takeover spec was exactly that.... just spec'......... just like the last two times it arose, annoying!!!

Been looking into why stocks seem to move arbitrarily so much.......... ended up looking at all that MACD pish....... it pretty much is arbitrary...... however, maybe I'll have to accept that that doesn't matter, and that if enough people use it then figures it throws up become meaningful. I did find a nice way of looking at volume tho whilst delving into chartism....... and I did find something I do really like: advfn have something called the volume oscillator and it finally let me visualise a meaningful measure of volume, because it's basically relative volume, that is: a volume chart which shows how the recent volume compares to a long term (proper long term) average of volume. It nicely shows there is relatively allot of interest in this stock at the moment. However, that MACD pish is just about to show the short term average is going below a longer term average.......... or errrrrrr..... duhhhhhhhhhhhh....... the share price chart is going flat!!!!!! and that's about all that pish means, and it's patently obvious from even a mere glance at the share price chart. However, like I said, if enough people use it then it will start to have influence.

Given the above....... I reckon if share price stays about the same next couple of days, and in the absence of any takeover news, the share price is gonna start falling back down again!!!

Any sensible criticism welcome.
Cheers.

[cockneyrebel] 26/1/2012 12:46

Pushing that £2 level all morning - gonna break through soon imo.

CR

[gswredland] 25/1/2012 18:27

yep looking good guys

[moneybags] 25/1/2012 14:02

Nice bit of blue on a down day.

Regards , Moneybags

[cockneyrebel] 25/1/2012 13:31

Looking a bit firm today :-)

CR

[moneybags] 23/1/2012 09:50

I decided to hedge my bets on this takeover coming so I have sold two lots of 20,000 shares this morning and keeping the other half of the shares.......Just in case, as they say.Second 20,000 sell not showing yet.
so..............Happy if bid comes, happy if bid doesn't come...!

Regards , Moneybags

[ddav] 22/1/2012 16:38

Monday 23 Jan 2012


KL Kepong's 19 per cent owned Yule Catto, which controls 40 per cent of the world's nitrile latex supply, is spending RM110 million to expand its factory in Pasir Gudang, Johor.


KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK), which owns 19 per cent of Yule Catto & Co plc, is set to grab a bigger share of the world's nitrile latex supply as its unit continue to expand output.

London stock exchange listed-Yule Catto, which currently controls 40 per cent of the world's nitrile latex supply, is spending RM110 million to expand its factory in Pasir Gudang, Johor.

Global annual demand for nitrile latex is reportedly around 550,000 tonnes.

The world's six nitrile latex producers, including Yule Catto, are ramping up output to satisfy rising global demand for nitrile latex used in the manufacture of medical examination and industrial gloves.

Yule Catto is making its latest expansion in Malaysia through wholly-owned Synthomer Group.

Synthomer said in a statement that the expansion will continue to strengthen its presence in the synthetic nitrile glove market.

Currently, the company runs 100,000-tonne a year nitrile latex plant in Pasir Gudang and another 130,000-tonne plant in Kluang.

Earlier this year, it had already expanded its Kluang facility.

Synthomer Asia managing director Dr Brendan Catlow said that by 2013, Synthomer's combined capacity at Kluang and Pasir Gudang will be 300,000 tonnes per year.


Read more: KL Kepong set to grab bigger nitrile latex market share

[kimball808] 21/1/2012 11:14

Great volume (12%) in the Chemicals sector this week...Adds more value to YULC...Now 54% discount to the sector...

[cockneyrebel] 20/1/2012 20:10

bad link I think ddav.

Good volume again today.

CR

[moneybags] 20/1/2012 16:15

broadwood...........Many thanks for the info, I thought something had to be behind it.

Regards , Moneybags

[dalesiders] 20/1/2012 13:33

4 x 100k
1 x 50k

today's o trades

[broadwood] 20/1/2012 11:47

Its encouraging it hasn't fallen today - yet.