Zotefoams Share Discussion Threads

[exbroker] 01/11/2018 13:49

Good update quality company happy to hold these for a long time!

[geraldus] 23/10/2018 22:25

Gets a mention in Daily Mail as a promising future stock apparently.

[robow] 12/9/2018 14:19

No but the message gave me pause for thought

[janeann] 12/9/2018 13:52

Nice to see ztf coming back to like; hope not too many people got burned by the message below

davidosh 7 Aug '18 - 15:34 - 1266 of 1276

Yes time to exit for a while as the company have admitted it may be a couple of year before eps growth can continue after the placing and the chart certainly looks to be falling over. I suspect it will be a fair bit lower in a year or so and a better time to buy then. Good company and management though

[robow] 09/8/2018 16:37

BUY says Cannaccord tp 620

[kazoom] 08/8/2018 23:01

Thanks David,

I don't disagree that there remains a reasonable chance of drift, especially given that H1 profit growth was entirely down to favourable Forex movements.

For my part I've decided not to try to trade that this time. If you accept the given reasons for the relatively modest H1 performance (which I do) then it seems to me that 'the jam' is getting ever closer (you can almost smell it) and I just don't feel that we will see more than a very few more percent drift.

I certainly would not rate it as a strong buy on a 2 month time frame, but over 3-6+ months it probably still is and I think the risk of 'unforeseen news' is now very much to the upside.

Unless the Forex tailwind in H1 becomes a headwind in H2 (I'll try to work out the likelihood of that later in the week) then I think we should actually see an 'earnings beat' for the FY and that could well be signalled in the update at the beginning of November.

If you are selling to re-buy lower, then good luck (not meant in any way sarcastically), but personally I'd rather be in than out at this stage.

If we do see a bigger drift-down than I expect, I might be tempted to break my position sizing rules and buy an additional "trading position".

[pireric] 08/8/2018 22:29

Similar. my Thomson screen for next 12 month PE shows

[battlebus2] 08/8/2018 22:19

Y/E 13 21.9
Y/E 14 21.6
Y/E 15 30
Y/E 16 18
Y/E 17 27.5

Forecast Y/E 18 29.9
Y/E 19 25

[pireric] 08/8/2018 21:10

Is that right more recently BB2? I only know because I sorely regret not buying this at 320p and IIRC the PE was around 17-18x. pretty much weeks before this began to take off

[battlebus2] 08/8/2018 20:54

They’ve traded at a P/E in the mid twenties when the co wasn’t in such good shape or had a path for growth.

[davidosh] 08/8/2018 20:38

Kazoom....Indeed apologies if I gave the wrong interpretation but I do feel it will cause a drift in the share price until the next trading update and of course on a P/E near to 30 the company need to deliver strong eps growth or there is risk the share price will collapse off so I decided to stay out for now.

[kazoom] 08/8/2018 17:30

"the company have admitted it may be a couple of year before eps growth can continue after the placing"

Not so David, they said the placing would be immediately dilutive and not begin to pay back fully until 2020, but the underlying business looks sufficiently zippy that even after the 9% dilution, EPS for the current year is forecast to be 12% up and up 20% next year.

We may well see a little price drift until the next material news (probably trading update in November) but I'm not sure it will be that much lower.

I did trade the drift a few months ago with part of my position, but on this occassion I've decided to sit tight (for now at least).

[battlebus2] 08/8/2018 13:22

Tight hold for me. Wouldn’t want to put given all the possibilities for this co but each to their own.

[petewy] 08/8/2018 13:09

I got out a few months ago until production started up. Production starts in SE London in "new year" and production is full blast in the US. Can't understand the drop in share value.

[davidosh] 07/8/2018 15:34

Yes time to exit for a while as the company have admitted it may be a couple of year before eps growth can continue after the placing and the chart certainly looks to be falling over. I suspect it will be a fair bit lower in a year or so and a better time to buy then. Good company and management though.

[geraldus] 07/8/2018 14:10

Results just in line and now below placing price.Well done rivaldo,must admit to selling part myself.May buy back if goes sub £5

[thefartingcommie] 07/8/2018 10:50

wouldnt disagree with that at all....however,short term barring unknown potentially uplifting developments...I do think we are in drift mode for a period...and that usually means dribbling south in my limited experience....

[janeann] 07/8/2018 10:40

As I see it, we are at the start of the expansion ............ In the first half of 2018 we also commissioned the initial phase of capacity expansion in Kentucky, USA, which allowed us to increase sales volumes in what remains a capacity constrained environment

so further phases to come.

[thefartingcommie] 07/8/2018 10:38

rather pedestrian..bordering dull....chart looks as if its rolling over

...better opps elsewhere methinks for now.

initial support 525..then475..will be looking to re-enter under 500

[ed 123] 07/8/2018 10:10

Good interim results today met expectations.

The fall in gross margin is explained and presumably reverses, in time.

Shares are down 3p at a mid 551p.

Forecast eps this year 18p, putting the shares on a forward p/e ratio of about 30.

Full year dividend yield is only about 1.1%. Ok, it's a growth stock and some don't pay out dividends at all, but 1.1% may not be enough to persuade everyone to stay?

Next year, 22p eps? That would be about p/e of 25.

I'm continuing to hold but I think maybe these go sideways for 6 to 12 months?

Did anyone here go to this year's agm? I missed it.

[ali47fish] 06/8/2018 10:39

anyone has any idea of what to expect in the update tomorrow?

[danieldanj] 05/8/2018 12:16

Zotefoams (ZTF) Earnings-Reaction to Keep an Eye

[ali47fish] 01/6/2018 17:12

blackrok added

[battlebus2] 28/5/2018 17:59

That’s what I like about ZTF. We don’t need to do anything rash 👍