Zotefoams Share Discussion Threads

[battlebus2] 11/2/2011 23:41

Yeah need a new motor myself and may cash in xpp at anytime. Took profits in eto to purchase a motorhome as the mrs wants one for the summer. All that driving and no computer time!

[cockneyrebel] 11/2/2011 18:34

Hmm, not been buying anything with the profit battlebus, just reinvesting it. I'll spend some when the market weakens.

Mrs wants an extension and I fancy upping my Beemer 650 to an M Power version - I can find plenty of places to get rid of my profits :-)

CR

[slopsjon] 11/2/2011 16:41

I decided to add as well.

[battlebus2] 11/2/2011 16:38

Yes just added!

[kimball808] 11/2/2011 16:35

nice buying today, would have thought more than accounts for yesterdays drop in price...

[battlebus2] 10/2/2011 17:58

Good luck with your proceeds C.R. Still holding tight to these even though at one stage i was showing a profit of 150% which is now about 100% but i still believe this company has great potential and a very high possibilty of an offer so don't want to be out when that happens. The 5% dividend has been a bonus over the last few years. Kimball808 will be joining you in adding over the next day or two. C.R. what you buying (not shares} with all this profit we've been making? on a nice run at the minute these engineering co's.

[kimball808] 10/2/2011 14:54

Back in..been thinking about getting back in last few days..this weakness was too good to be true....(famous last words)...great interims...

[cockneyrebel] 10/2/2011 11:23

Let mine go battlebus, sadly - been buying a lot more FCCN and needed the cash - as these were rather slow they had to be sacrificed sadly.

Will probably revisit at some point.

CR

[battlebus2] 09/2/2011 19:08

Time to add maybe.

[cockneyrebel] 03/2/2011 20:20

yep, very quiet, but trickling up on that trendline.

CR

[rusty9717] 03/2/2011 18:08

yep I know battlebus.......
bit of news to digest would be nice though. Volume is minimal to say the least......

[battlebus2] 03/2/2011 17:04

Quiet is good rusty as long as the shares are heading in the right direction over time.

[rusty9717] 03/2/2011 15:46

ZZZZZzzzzzzzzzzzzzz

[rusty9717] 03/2/2011 12:52

Why is this not moving anywhere? I know volume is low but this is a right bore!!!

[rusty9717] 03/2/2011 12:51

Crikey didnt think anyone ever posted in here!!!
Thanks Underhill.

[battlebus2] 01/1/2011 13:37

Happy new year ztf fans. as Blackrock know this has a lot to give in 2011.

[kimball808] 22/12/2010 17:57

Blackrock still bullish...

[phate1313] 21/12/2010 22:46

This has a target price of 160p. It's only 20p away from what we are. To some people is clearly not enough as they look for so called 'ten baggers' and other nonsense like 'double or nothing'. If the target for it was 260p, this would be flying today. Even on this forum some suggested 180p or so before, which now is pie in the sky.

[cockerhoop] 21/12/2010 15:14

Hi CR,

There's a lot to like about ZTF and I do hold some (though wasn't able to get as many as I wanted at 130/132 recently). I was refering to earlier comments reagarding a rationale as to why the shares had fallen back a little on the trading statement.

As your're aware they did 6.0p in the first half and I beleive consensus is 8.6 for the year so it is mildly disappointing that they're not ahead of that. Polymer prices though static in H2 are higher than last year so volumes may have been static in 4th quarter if they've passed on those rises to customers.

I will check comparables with Q3/Q4 2009 but personally feel less inclined to add after the statement than before it.

HPP still growing quickly tho.

[simon gordon] 21/12/2010 13:10

HB Markets - 21/12/10:

Zotefoams (LON:ZTF) (ZTF, 143p, £54.76m) Trading statement for the year ending December 2010 confirms trading is in-line with expectations, Q4 sales being up some 7% on the comparable period last year. Results will be in line with sales up 20% for the year with strong sales from the Azote range – especially in Asia and High Performance polymers (HPP) up 50% with margins aided by stable LDPE raw material prices in H2. Investors will focus on the outlook for next year with forecasts of some £4.6m with 8.9p EPS, putting the group on 16x. We do see modest upside to some 18x over the year – so we maintain the BUY with a price target of 160p.

[cockerhoop] 21/12/2010 08:56

Clearly if your're growing at 26% revenue for the 1st 3 quarters of the year (as per IMS) and 7% for the final quarter (todays statement) some would see the falloff in sales growth as disappointing.