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I also joined today 365 @ 938 , and also in IQE about 3 weeks ago. GLA.
I've joined you BJ, 400 @ 945.67. As you say it looks a really good long term investment. This stock just came up by chance this morning and after, perhaps too brief research, decided to use some of my profit taken from IQE. I like the steady rise looking at the share price graph, slow and steady. I can live with that sort of performance better than one which looks like the result of an earthquake. I don't see this being much more than a slow burner. Many would think of this as being a boring stock, but very often those are the best stocks to hold longer term. It won't compare to the fireworks of many other investments and I see IQE has now risen above what I sold out at last week, but such is life. Share price has risen by around 15% in 6 months. I generally would look for and should be happy with a return of around 20% pa but it's very tempting to look for high flyers possibly giving (far) more. They are relatively few and carry extra risk of course. I can't remember ever investing in a share at anything more than around 600p a share previously, but I guess it is all relative. Lets see how it goes from here. Good luck and regards CM PS I see this is a very quiet board - usually a very good sign. Who knows, if this really heats up it will probably get far busier!.
Just got 229 @ 922.01. looks a really good long term investment.
Still bullish, you can check for yourself here for free: https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=BOY.L
redchilly Now we are at 790 please what are your charts telling you? Thanks.
Bullish candle today after a bullish Inside Bar - Target 733 https://uk.tradingview.com/x/ZwqOA6Kw/ Follow my Twitter account @chartsvision for more trading updates
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What's all this then? Lots of 9 trades. I sold out on the last update as it made for poor reading. Bouncing back a little today from being sold down.
a Target Price of 830p so 35% upside. I think this has been hammered unfairly in the general reverse in sentiment recently. Hopefully this will will rerate. Under 700p is a joke for this company.
boing
keep your nerve
O
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The directors have certainly been selling a lot recently. Perhaps overvalued?
haunt me for a long long time ...solid this one buy on any further dips if your lucky
In my opinion
big trades,250k ish....
big trade......
Bodycote: Jefferies reduces target price from 485p to 450p, buy rating kept. Citigroup raises target price from 310p to 390p, neutral rating remains unchanged.
At the end of October, net debt was £33.7m, compared to £16.7m at the end of June. "Although trading remains volatile, the sales momentum we have seen in October and early November offers support for the remainder of 2012 and consequently the board's expectations for the year to December 31st 2012 are unchanged," the group said.
Bodycote, the world's largest thermal processing services provider, has reported revenue growth of 2.9 per cent in the four months to the end of October compared to the same period the previous year. At constant currency rates (CER), this rose to 7.6%. Sales in the Aerospace, Defence and Energy business were ahead by 14.4% (15.9% at CER), with organic growth at 10.4% and acquisitions adding 5.5%. In Western Europe, CER sales improved by 14.2%, all of which was organic, while in North America, revenues, at CER, grew 17.5% of which organic growth accounted for 7.1% and acquisitions 10.4%. Further growth was seen in revenues from the commercial aerospace sector, while the defence sector remained stable. Sales into oil and gas customers continued to improve while industrial gas turbine demand was good in North America, but remained subdued in Europe. In the Automotive and General Industrial business, revenues were lower by 5.2%, but at CER were ahead 1.8%, with organic sales lower by 2.9%. Sales from Western Europe fell 2.9%, compared to North America where organic revenues at CER climbed 6.5% and acquisitions added a further 32.2%. Emerging market revenues were weak in all territories.
Bodycote: Investec raises target price from 400p to 410p, buy recommendation remains unchanged.
Consensus expectations for the year ending December 31st are for revenues of £597.04m with pre-tax profits of £88.68m, delivering earnings per share of 34.98p.
"The business is of high quality and has few local competitors. This region of the USA continues to be amongst the highest recipients of inward investment in North America with many domestic and overseas corporations establishing facilities and supply chains in the area. The recent announcements from both Boeing and Airbus concerning their new manufacturing operations in the region underscore this trend. We expect the business to become more focused on aerospace and energy markets over time as the supply chains for these industries expand. "The acquisition also represents the first meaningful exposure for Bodycote to the off-road vehicle and heavy truck market in the USA. While demand from these particular sectors is expected to be lower in the near term, the medium and longer term prospects for this part of the business offer attractive returns". Commenting on trading for Bodycote globally, Harris added: "Trading for the period July 1st to September 30th 2012 was volatile, but overall has been in line with expectations". Bodycote will publish its interim management statement on November 16th.
Bodycote, the world's largest thermal processing services provider, has bought US-based Carolina Commercial Heat Treating from Bluewater Thermal Solutions for 68m dollars. The company also commented that trading from July to September was "in line with expectations". The consideration of $68m has been met from existing cash resources and bank facilities. In the 12 months to September the business delivered earnings before interest tax, depreciation and amortisation (EBITDA) of $11.7m on sales of $34.9m. The acquisition is expected to achieve a return on investment well in excess of Bodycote's cost of capital and be accretive to earnings in the first year of ownership. Commenting on the acquisition, Stephen Harris, Chief Executive Officer of Bodycote said: "The acquisition of this pre-eminent heat treatment business in the South Eastern USA and Southern Indiana represents a considerable step forward in the delivery of Bodycote's strategy in North America.