Member Info for JAMESY1980

Up up and away. Where will it stop?

Looking forward to tomorrow.

I'm very close to flogging all of my NG. shares which I've held for a long time to jump in here big style (for me). I'm not sure what the market was expecting of the interims? P/E is between 5 and 6 by my calculations and that is not taking any forecast growth into account. China's tightening up of regulation in cement production will secure cement prices in the longer term. I think this should be hitting £8 right now. Why is it not? Open to suggestions. Have I missed anything?

Not the SP reaction I expected. FTSE is dropping like a stone, which is creating a bit of negative sentiment, shouldn't really be effecting us- sometimes it takes a while for news to sink in. If this drops much further I'll be topping up.

Strong Buy!!!! Got excited when I was reading the interims.

Wow. 62P pro rata EPS and on track to increase production by almost 100% by next year (7.5 million tonnes). This SP is rediculously low. Surprised we haven't seen a lot more movement this morning. I'd get in quick.

Yes - plenty of value left. Just look at the projections and current P/E. I can't really work out why this share was so vastly undervalued only a short time ago. A broker reccomendation brought it to my attention at £1.75 and I jumped in. I reacently doubled my investment at £3.04. Still room for short term movement, but more importantly I can not see a big risk, like there is with some other exciting, but inherently risky stocks. Still a buy IMO. GL

I take it this is a good sign, and they aren't coming to console us due to their poor results? You are always first with news and views on this share, would it be rude to ask about your position with WCC. I'm in for £6K, £3K at 175p and £3k at 304p. Quite a lot for me and I sold up a chunk of good solid stock (NG.) for which I will miss my dividends. When we hit £15.00 I should have £40k which will be nice.

I'd say the sooner the better. It is a difficult share to predict and has generous movements on relatively small volumes. General trend is upwards, so I'd be more concerned about missing another surge than suffering a small drop. GL

No problem. They are only words though. At the end of the day it is the company's performance which will determine the SP. IMO too many people are throwing money at recovery stocks at the minute, as a more cautious investor I prefer to look for inherently good companies that are going through periods of growth and trading at reasonable P/Es. Although a very different comapany, I can see a lot of similarities (Outperforming targets, Impressive projections, and importantly a quiet message board) between WCC and EDD, another growth company which I did very nicely out of and still hold a small amount of. Just to let you know though - I am a novice and fairly small fry compared to many on here (total portfolio around £20k). GL with this one.

Although Proselenes has contributed lots of excellent material on this share, he is not the only one who feels bullish about WCC. This is a solid company and is trading on a rediculously low P/E ratio which is based on last years earnings. Current earnings will be considerably higher meaning P/E is even lower than shown above. Don't concern yourself with a small drop at this stage, I doubled my stake this morning at 304.8 and will not be selling below £10.00. Looking at Proselenes' very basic projected earnings for 2011 of £1.72 and Hargreave's belief that a cement manufacturing company is a solid business and should trade on a P/E of around 15 I'll let you do the sums, but I like the answer. My confidence in this share is based on the company meeting targets If it achieves anywhere near the projections above it will be a real winner. This is a definate Hold or buy if you are not already in. GL

I think they are due mid September. Proselenes has put forward good evidence to support a positive report. Are you in here yet?

Breaking through 52 week high. My research was very limited on this one, but stuck to the basic principles, WCC hit targets, current growth is phenomenal and their PE ratio is rediculously low. I would have thought that a company growing at this rate should have a P/E over 15. I take it from your posts that you feel the interims could be very positive with projections increased? A simple on track message should push this one further north.

Bit of a pattern emmerging here - Will jump about between £2.40-£2.60 for a while before another surge. Big movements (North and south) on very small volumes. Still plenty of value IMO.

You're right - it has gone very quiet here. I however will be staying put. Don't want to miss another surge like the last one from £1.80 - £2.50. I was starting to loose my nerve when it was fluctuating between £1.70-£1.80, but glad I held my nerve. I was expecting a slow and steady rise to at least £5.00. What always puzzles me is how this surge occurs on no RNS. What has changed or is it leaks from inside the company?

Thanks for the link. Wouldn't have had a clue where to start looking for this. Interesting that Prices are still on the rise in this area whilst most are falling. Assume this is down to increased demand in relation to the quake. WCC still has plenty of support at these prices.

Nice - Slow and steady wins the race. I have read a lot of speculation about the diversification of the power distribution networks adversely effecting NGs bottom line in the future. A company as solid as this should be trading at a higher P/E. Has performed acceptably through the crunch and always claimed to have its debt well under control. I know it is a boring share at the minute, but it has guaranteed Divi increases for next couple of years and income is safe until Ofgem price review, which I think is in 2012. Energy is going to become a more precious commodity in the future. Government is going to push plug in electric cars and there will be plenty of opportunities for NG in transmission/distribution of renewable power sources. Anyone agree/disagree or have any further views on this company?

Nearly back in the blue now then. The way I see it this company is perfectly placed to take advantage of the boom in China, and although it's not nice to profit out of the earthquake, this has created a huge extra demand. The comfort factor for me is that I feel there will be a solid company left here once the boom has levelled out. I have to say that I have been caught off guard by the momentum it has gathered on no news. Someone knows something. GL

Looks like I was incorrect. Wouldn't worry too much if you purchased though - the drop is likely to be day traders and speculators looking for a quick buck loosing their nerve on a small drop. If you hold your nerve you will be rewarded. If you haven't purchased yet, wait for a sign that its bottomed before buying. Still a good purchase at this price IMO. GL

jp60 - I dont feel that this will drop. I feel that a P/E of around 10 would be reasonable, based on current performance/risks. A few people have made massive eps projections for next two years. I feel that they are realistic and that this really could hit £10 within 2 years. GL.