Zotefoams Share Discussion Threads

[exbroker] 27/7/2013 17:53

Figures on 6 August, meetings with Instos the next 4 days.
We nay get news about the Mucell/Dow Chemical sales efforts and cooperation.

[battlebus2] 20/7/2013 21:00

Bit of a mixed bag with the trading update but the new Joint Venture should ensure Azote levels of sale increase over the next few years. Very happy to hold.

[exbroker] 30/6/2013 20:37

Statement at the end of the week I am told.

[battlebus2] 28/6/2013 16:29

Our buyer seems to still be around.

[battlebus2] 12/6/2013 11:05

Looks like your right Exbroker, could get back to the 220 mark at this rate.

[exbroker] 10/6/2013 10:12

Looks like the buyer is still live I had to pay 201.5 to be part of the print from Friday, the market feels tight.

[battlebus2] 06/6/2013 20:29

I think the mm's used that last statement to flush out a few shares, holding tight to mine.

[exbroker] 06/6/2013 15:56

Seller looks to have finished. I bought 5k today and had to pay the offer price, feels like they are trying to go better.

[janeann] 30/5/2013 16:18

intersting 200k trade at mid price; would ne nice to see some upward movement now.

[al101uk] 16/5/2013 09:19

topvest,

"polyolefin foams business in Germany and Japan suffered subdued levels of business due to de-stocking and an improvement in order lead times."

That's a transitory issue that will resolve itself as companies get stock down to required levels and the order gap caused by lead times shortening closes. A negative, but not exactly company changing.

"Sales in MuCell Extrusion LLC are marginally behind the levels seen at this time last year" looks like a marginal negative to me ;-)

"Our order book for equipment, a leading indicator of future royalty and licence revenue, is at record high levels." ... but looks set to improve.

The price of our main raw material, LDPE (low density polyethylene)showing signs of dipping down closer to the average price seen in 2012... that's one negative of the first couple of quarters on it's way to being sorted then.

Blah, blah, blah... we're confident in out long term prospects...

Plenty of the business also reported as in line.

Mixed, although I agree on first read the tone is negative and probably setting up the market for a less good set of results this financial year. Having slept on it, happy to take the view that nothing has really changed.

investali,

Thanks, interesting to hear of the Investec target.

[investali] 15/5/2013 20:53

I do not see much to worry over as the long term prospects for Zotefoams appear very positive and as Battlebus2 posted in April Investec has reiterated 240 today after the update.

I don't own myself.



Ali.

[topvest] 15/5/2013 19:56

It was a bit of a downgrade, rather than mixed if you ask me...hence the 10% price drop!

[al101uk] 15/5/2013 15:42

Down 10%, but not a whisper ;-)

Trading statement read as being a little mixed to me.

[battlebus2] 24/4/2013 08:25

x dividend today for 3.5p, doesn't seem much given todays share price but for some long termers it nears 5% another plus to staying.

[battlebus2] 05/4/2013 10:00

Investec reiterates 240 target.

[exbroker] 29/3/2013 19:17

Volume at 220 I don't know if the seller or the buyer goes on.

[battlebus2] 26/3/2013 20:48

Nor mine :))

[exbroker] 26/3/2013 20:30

Market are short and buyers paying this level, they are not getting any of mine!!

[battlebus2] 25/3/2013 18:15

Can't win them all Mudbath. Stock very tightly held in these Woody.

[woodcutter] 25/3/2013 18:10

well i was looking to buy back in but the recent rise has put me off. More sales than buys in the last few sessions and still the price rises. Someone in the background must want them pretty badly if they're having to push the share price up to get sellers, clearly no stock!

Woody

[janeann] 25/3/2013 13:38

Yes i saw that. very encourageing; I liked the last sentance from Exbroker's post; 'they are on 24 hour working 7 days at the moment'. It seems to be paying off!!!

[mudbath] 25/3/2013 13:36

Did I miss a trick when these were 45pence ,battlebus,or what ?

[battlebus2] 25/3/2013 13:26

Continuing upwards this morning ,220 to be breached??

[janeann] 24/3/2013 20:52

Many thanks Exbroker, both for the update and explaining the recent price activity.

janeann

[battlebus2] 22/3/2013 21:01

Thank you Exbroker, three pounds a minimum imv.