The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Details behind the rise http://www.investegate.co.uk/Article.aspx?id=201103300700128736D
http://www.investegate.co.uk/Article.aspx?id=201103300700128732D
Seymour Pierce have now confirmed that the EPS will be around 70p, i.e 10p EPS more than forecasts! GCI say this is a "good buying opportunity": http://www.growthbusiness.co.uk/news/smallcap-spotlight/1514738/chinese-bump-for-shoto.thtml "Chinese bump for Shoto Article Date: Jan 21 2011 China Shoto (CHNS), the maker of batteries and a supplier of back up batteries to China's telecom operators, has announced that reduced spending from three of its biggest telecoms customers will hit profits. In a trading update for the year-end the AIM-quoted concern remarked that a 'substantial decrease in the level of investment' made by the three major telecom operators is expected to 'adversely affect' the company's performance for the year though adding that the high levels of spending in 2009 by telecoms operators was partially driven by a stimulus package from the Chinese government. As a result Shoto announced that it expected net profits to be 30 per cent lower than last year, which has sent the share price down seven per cent this morning to 278.5p. Following the update analysts at Seymour Pierce suggested an expected earnings decline from 100p to 70p, some 10p ahead of the 60p EPS forecast it had originally pencilled in. Last recommended by Growth Company Investor at 173.5p in April of 2009, the shares have gained 60.5 per cent since, with its current price 278.5p. 2009 was a particularly good year for the company, with the record levels of sales and profits at the concern driven by the Chinese government's stimulus measures. Trading on under four times earnings, we think the market has overreacted to the news, with a fall in profits and sales on the previous year expected and that now represents a good buying opportunity. Buy/Hold"
I've bought back in here after this morning's markdown. An excellent performance in H2 has been masked by about the most badly worded RNS I've ever seen! CHNS are on track to make around 70p historic EPS or so for last year. This is a P/E of just 3.8 after today's markdown, and compares to the broker forecast of 59.7p EPS, i.e well ahead of forecasts. It also means H2 EPS alone was around 50p EPS!
There seem to be a lot of trades today, but I can't see any news. The company is generally a value stock though isn't it?
I'm in a bind, do I sell up with a great profit or do I continue to hold, has the corner been turned?
hello whats going on here in profit?
Interim Results China Shoto plc, a leading Chinese battery producer and the largest supplier of back-up batteries to China's telecommunications operators, announces interim results for the six months ended 30 June 2010. Highlights 1. Profit before tax up 1.3% to £6.48m (H1 2009: £6.40m) 2. Substantial cost-control benefits: distribution and administrative expenses down by 38% to £13.7m (H1 2009: £22.2m) 3. Maintained status as largest back-up battery supplier to China's telecoms market 4. Back-up battery sales into markets other than the telecoms sector accounted for 17% (H1 2009: 9%) of total back-up battery revenue 5. Successful development of two new series of battery for wide application in telecoms and e-bike markets: 12V (Narrow Type) and 16V (Power Type)
The Board is confident of remaining the largest back up battery manufacturer in China. It is well placed with its large R&D facilities providing improved products. The Company continues to expand its environmental activities and is progressing with its major lead recycling programme which will position the Company favourably. The Board remains committed to developing its strategy of developing international sales. A further update on trading, will be provided as appropriate.
Any recent news on this one guys
Morning. I'm a bit late into the office this morning had better do some quick reading.
Good Morning... Let's have a better day!:)
Date: Tuesday 22 Jun 2010 LONDON (ShareCast) - Digital media formatting specialist ZOO Digital said a second major film studio has adopted a solution using Zoo’s media collaboration platform. The name of the studio cannot be revealed for contractual reasons. The system, which includes ZOO's Media Adaptation Tool, enables the user to repurpose standard data, legal requirements and logos for a variety of end uses and formats, and will speed up the distribution and accuracy of the studio's worldwide releases. Shares in battery maker China Shoto dropped sharply after the group said revenue and profitability have fallen by approximately 15% during the first five months of the 2010 financial year. Paper manufacturer James Cropper reported a pre-tax profit of £3.3m in the year ended 27 March compared with £1.1m last time as turnover increased by £3.1m to £52.9m. IPSO Ventures has signed an agreement with B1 Medical to collaborate on the development of a device for diagnosing Acute Compartment Syndrome. B1 has developed a monitor , based on the measurement of tissue pH, to provide an early indication of the likely onset of ACS. This is a condition which occurs mainly in trauma/crush victims and patients who have undergone surgery.
I decided to go out for the afternoon wasn't into it once I got my Barx working again and thought I would end up making stupid decisions. I live in Bury St Edmunds Suffolk and work in Harlow Essex at my dad's law firm. I will give you my email address be good to hear your wisdom now and again whilst your away lol dthomas@hcnlaw.co.uk
No thanks needed mate made a lot of $ from your Rns updates!! Got out of NPE at 140.60 should have taken the 144 3 mins earlier though!! put a sell order for 180 on CHNS will just let it ride. Have a look at Altona very little risk Im' expecting it to double over the next 12 months? IMHO of course Cheers
What a f^cking nightmare that was... I had a few chances to make some $$$... Such is life and I'm not too down with £££ which is good.:) If you don't mind me asking, what area of the UK are you located?
I'm back online at last :)
No... I was just able to get back online after all morning being off. Cheers for your help and I owe you!:) I mean it to... Will check out NPE now. Thanks...
You watching NPE? oh and sorry about mix up earleir
I'm now back online!:)
12:49:08 220 1,500 O 12:48:44 237.9574 1,239 O 12:26:33 230.1136 514 O 12:24:16 237 2,500 O 12:21:07 233 2,500 O 12:16:05 220 3,000 O 12:13:56 220.119 597 O 11:57:04 223 2,500 O
GL
totally ignore that second screen NPE CHNS 220 -240 had a buy at 237 last 220 @12.49
Cheers:)
more @ 135 just gone through