A nice Santa rally with Fenner. A 7% rise on no news. I bought in at 451 and this is starting to go into nice profit. Double digit % on ROC, ROE and operating margins. With positive revenue and earnings growth over next couple of years, i am encouraged about my investment in this company
10 Sep '13
Pre-close trading statement
Following a successful end to its financial year, Fenner anticipates that its financial results for the year ended 31 August 2013 will be in line with expectations. The Group's balance sheet remains strong. Net debt at 31 August 2013 was better than expected at approximately £125m, having benefitted from the timing of payment of capital expenditure, reduction in working capital and exchange rate movements. Trading conditions across the Group have remained broadly unchanged since the interim management statement on 18 July 2013, and the Group continues to anticipate a return to growth in its 2013/4 financial year. The Group expects to release its results for the full year on 13 November 2013. ( 10 September 2013 )
28 Jul '13
Nice tip in the Sunday Times today, points out broker targets over £4, but that future revenues are guaranteed with maintenance contacts
5 Jul '13
Good news imho....
...NORGES BANK have upped their holing in FENNER from 3.06% to over 4%. They bought a slice of afren a few weeks ago too.
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.