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" The Group is targeting a modest constant currency revenue performance, with reported revenue to benefit from a positive FX impact " I think that says it all.....revenues are not increasing and if it wasnt for the fall in sterling things would be a lot worse .... the SP had got ahead of itself thinking things would be better...clealrly the SP drop today shaves off that over expectation
...trading statement. Ever. Anyone actually any idea what it means?
"This looks like it's heading back down to towards the 3's? " The halfyear results suggested otherwise...business management doing very well....ready for when sales revenue increases ..
This looks like it's heading back down to towards the 3's? Core markets are still skint with oil being so low, UK H/Office closing and lack of new and innovative products coming through.
..and up today? Do you know why?
Quoted 483p to sell, and lots of buying activity today. Been in the red on this one for longer than I care to remember!
Down 7.7% so far today after Montanaro Asset Management cuts its holding and the oil service sector continues to struggle
Well I guess that answers my question!!
I see Generation Investment management now holds 19% of the company! Certainly explains the bounce from earlier in the year. Presumably they can't buy too much more, and I'm wondering what happens when they stop....?
two brokers ratings this month appear fairly positive at 660 and 650p.
Jam 2morrow rns means the only buy needed here is bye bye til price reflects lost divi, weaker or diminished markets, costs of reorg and balance sheet under pressure. GLA
Well 24% drop on trading update which is as expected...continued uncertainty and sales falls in the oil and gas sector...strong targets though in the review....will give it all a good reading before making any hurried buys ...
Just seen your post after having sold out myself on Monday. Surprised by almost 10% drop since then. Wonder how much further it will go. Maybe 28%.
for a top-up
The markets in which they operate hasnt changed much since the profit warning. Whilst they will have made inroads into reducing costs and improving efficiencies I think that the review will be a cautious one with much emphasis on cost control....many companies right now have good products to sell...the problem around the world is actually...well selling them I sold out last Friday and I personally I will sit it out and keep an eye from the sidelines..I think it will retrace a bit but just my thoughts only GLA ..DYOR
Happened when review was announced. Share price has just recovered to where it was b4. Can only hope result of review does not send it back down.
Does this have anything to do with the strategic review due this month?
rise in 3 months is not bad
Terrible value here on a realistic forward PER basis, and even on an 'official' one (about35).
Do not believe rise is takeover related, although LED / laser manufacturer PPIX has had large stake taken in it by SIXH. Believe rise is due to good prospects - there have been lots of reports recently concerning legislation to be introduced banning incandescent bulbs which should result in LED market increasing in size by 30% yearly between now and 2019. With opportunity like this, a slimmed down Dialight should do well.
What is driving this SP recovery ?. Are there takeover rumours ??... I cant help thinking that one day soon it is all going to fall back down to 550p levels if the rise isnt based on anything concrete .... Anyone got any views ?
Well once they sort the issues in Mexico and reduce labour and costs there along with an improvement in sales from oil and gas industries then the profitability should return....the new guy is probably very keen to get those issues resolved ready for the sales upturn .... No doubt next week there will be a few selling and taking profits on this suprise rise but let us wait and see....
Hopefully someone's got a sniff of good news.
80p rise at the end of the day... what is going on then?
which argues that the price is way too high. hTTp://www.lordshipstrading.blogspot.co.uk