Member Info for Chazwalker

Interesting ! quite a large order ....let's hope there is more in the pipeline, to be honest I had for 4 years and only got rid of them last month as I felt the PE was very high, but got back in again today..........

Crazy jump pre-market, not really known such a large company jump up 38% in a day ! Results do look good though and future PE wise still looking good value

I'm really keen on it, even at today's price the expected PE next FY is 8 ! It's a bit like Samsung a huge growth in memory chip costs ( future PE next year only 6.5 ! ) . It can't go on for ever but I'm confident to 2028/29 there will still be bottlenecks in Hyperscale ramp ups.... I've invested heavily in both Samsung/Mircron and a more riskier smaller amount ( ref a higher PE but even more predicted growth i.e. lower PEG's ) for both Sandisk and Western digital from the Memory chip side

Good update, looks like their margins have improved also, order book looks strong and recent acquisition seems to have gone well. I have a contact who believes they have a strong future and looks like hitting high internal bonus figures, so have topped up again today.

Don't think either, it's a good company with some great projects and a reasonable PE and PEG. I think it's just the market itself has gone off Defence UK as in reality the UK isn't doing the spending the rest of Europe is going through .........

I think people thought there would be a crash on AI, but seeing all the big boys have fantastic Q1s the reality has changed, most of these guys are on PE's of 20-30 with future growth 30% plus, I can see the AI share boom continue as long as they are making fantastic returns ........ blow my mind first with Samsung 39 Billion for Q1 and then Google 62 !!! the previous Q1 record was Apple in 2018 with 20.......

Yep with the latest ridiculous Q1s i.e. 62 billion !! underlying 39 (exclu investments ) .... they are really monetising AI , I've increased my investment it's on a PE of 29 now, that will drop into the 10s if the share price don't rise

I think this is a good buying opportunity. With an expected 43% increase in earning yet a PE of 27 they do look good. I think what's holding them back is the increased spending from the UK Government is failing to materialise for the Defense sector as a whole, but Chemring has some really significant projects in the pipeline that have to happen i.e. the UK missile shield program etc

Agree, if you look at the report in detail Josh is making some real operational improvements. I have a friend working in the organisation and the focus on lean and CI is really focussed and professional. It's refreshing to see a Interim report that goes down into this detail i.e. operational profit up from 6.2 to 16.5 million dollars, productivity up 2%, scrap down 65%, and inventory turns improved 6% ( to 3.0x )...these are significant lean improvements from a CI strategy and will go straight to the bottom line. Also a really interesting comment about opening up the rebreather market to shallower devices, this could bring in a lot more income. Surprised the shares dropped, I guess the helmet orders will come through later than expected but overall i'm in for more

Great update with almost 40% increase in profits. Does anyone know more detail about the increased semiconductor orders ? I'm interested if this will enable a rerating as a 'picks and shovel' supplier for the AI boom...............

2 contracts this week over 60 million Euros in total , this is a significant amount when compared to the last 6 months total report out was an order bank of 128 £million

Yep a P/E of 18 looks good now for such a growth stock ........

Ah sorry it's made up of 2 other brokerages also , so perhaps can see why the cost, but it's a shame they haven't put the financials with the RSN...

Anyone have any thoughts on this purchase ? 80 million sounds a lot for a brokerage with 11-50 people, normally when a company is purchased they let you know it's turnover/profit, but nothing in this case, apart from it will be immediately earning enhanced and the company is profitable. It's hard to know if they paid a good price or otherwise for it ?

Wow, agree, excellent results, some real momentum happening in AI, also the hardware sales has risen significantly. Let's hope the market catches on as it's not just a 'software provider' now, also the rapid increase in AI consultation and business growth hopefully will lead to a re-rating by the market.

Ah thanks, sorry I missed that when reading

Not really sure what to think, " we expect strong profit projection" is a bit open winded... I was hoping for them to say meeting specific targets etc

I guess it's the margin reduction leading to the drop ?

Maybe I will thanks , as just ran my BB's again and it has broken through

Much as I'm loving watching 'House of Guinness' at the moment, I'm still not sure we can see a turn around here yet. I would hope to see the 200 day moving average upwards and the price to be above this, also no breakout yet from the 'Bollinger bands'. Will be interesting though as I'm sure long term it would be a great investment but not sure the time to get in is now ?