Vesuvius

Vesuvius

Vesuvius News, Fundamentals and Discussion on:

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Vesuvius RNS, News & Media


Headline
20 Apr 2017
RNS press release - Holding(s) in Company from Proactive Investors
4 Apr 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
3 Apr 2017
RNS press release - Annual Financial Report from Proactive Investors
23 Mar 2017
RNS press release - Holding(s) in Company from Proactive Investors
23 Mar 2017
RNS press release - Directorate Change from Proactive Investors
17 Mar 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
13 Mar 2017
RNS press release - Holding(s) in Company from Proactive Investors
7 Mar 2017
RNS press release - Holding(s) in Company from Proactive Investors
6 Mar 2017
News - Vesuvius on the right track, but it's not there yet from Proactive Investors
3 Mar 2017
RNS press release - Holding(s) in Company from Proactive Investors
2 Mar 2017
News - Vesuvius shares rocket as full year profits rise despite troublesome steel market from Proactive Investors
2 Mar 2017
RNS press release - Final Results from Proactive Investors
9 Feb 2017
RNS press release - Holding(s) in Company from Proactive Investors
7 Feb 2017
RNS press release - Holding(s) in Company from Proactive Investors
30 Jan 2017
RNS press release - Appointment of joint corporate broker from Proactive Investors
30 Jan 2017
RNS press release - Total Voting Rights from Proactive Investors
19 Jan 2017
RNS press release - Holding(s) in Company from Proactive Investors
5 Jan 2017
RNS press release - Holding(s) in Company from Proactive Investors
22 Dec 2016
RNS press release - Acquisition of Brazilian Mold Flux business from Proactive Investors
5 Dec 2016
RNS press release - Holding(s) in Company from Proactive Investors
18 Nov 2016
RNS press release - Holding(s) in Company from Proactive Investors
17 Nov 2016
RNS press release - Holding(s) in Company from Proactive Investors
14 Nov 2016
RNS press release - Holding(s) in Company from Proactive Investors
27 Oct 2016
RNS press release - Trading Update from Proactive Investors
6 Oct 2016
RNS press release - Director/PDMR Shareholding from Proactive Investors
30 Sep 2016
RNS press release - Director/PDMR Shareholding from Proactive Investors
28 Sep 2016
RNS press release - Directorate Change from Proactive Investors
15 Sep 2016
RNS press release - Holding(s) in Company from Proactive Investors
14 Sep 2016
RNS press release - Holding(s) in Company from Proactive Investors
2 Sep 2016
RNS press release - Holding(s) in Company from Proactive Investors
29 Jul 2016
RNS press release - Half-year Report from Proactive Investors
28 Jun 2016
RNS press release - Holding(s) in Company from Proactive Investors
8 Jun 2016
RNS press release - Director/PDMR Shareholding from Proactive Investors
1 Jun 2016
RNS press release - Director/PDMR Shareholding from Proactive Investors
16 May 2016
RNS press release - Director/PDMR Shareholding from Proactive Investors
12 May 2016
RNS press release - Result of AGM from Proactive Investors
12 May 2016
RNS press release - AGM Trading Update from Proactive Investors
14 Apr 2016
RNS press release - Director Declaration from Proactive Investors
8 Apr 2016
RNS press release - Director/PDMR Shareholding from Proactive Investors
5 Apr 2016
RNS press release - Annual Financial Report from Proactive Investors
1 Apr 2016
RNS press release - Holding(s) in Company from Proactive Investors
4 Mar 2016
RNS press release - Holding(s) in Company from Proactive Investors
3 Mar 2016
RNS press release - Final Results from Proactive Investors
10 Feb 2016
RNS press release - Holding(s) in Company from Proactive Investors
29 Jan 2016
RNS press release - Total Voting Rights from Proactive Investors
19 Jan 2016
RNS press release - Holding(s) in Company from Proactive Investors
5 Jan 2016
RNS press release - Holding(s) in Company from Proactive Investors
29 Dec 2015
RNS press release - Holding(s) in Company from Proactive Investors
26 Nov 2015
RNS press release - Holding(s) in Company from Proactive Investors

Vesuvius 3 Month Chart


Vesuvius Discussion on Interactive Investor

Bullflag by redchilly

  Mon, 16 Jan 2017 11:05:00 GMT

Bullflag breakout

Targets 424,437,462 (short term, medium term and long term)

Chart on my Twitter account - @chartsvision


By redchilly

So... by Warren Buffoon

  Wed, 20 Jul 2016 13:27:00 GMT

So what's happening here then ??

By Warren Buffoon

Panmure Gordon note - Research Tree by FoxRed

  Mon, 09 May 2016 13:11:00 GMT

Read Panmure Gordon & Co's note on VESUVIUS PLC (VSVS), out this morning, by visiting https://www.research-tree.com/company/GB00B82YXW83
"Vesuvius will issue a trading update on Thursday and we expect the management to remain cautious about trading, particularly given that China appears to be reversing its policy of cutting capacity. However, we continue to believe that the fundamentals of the steel industry are improving and... We believe as its exports are made increasingly unwelcome across the world, China will have no option but to cut capacity as domestic stocks rise and losses mount. US steel prices are up more than 50% and this matters more to Vesuvius as..."


By FoxRed

Ex divi by Warren Buffoon

  Thu, 07 Apr 2016 16:00:00 GMT

Ex divi fall today (off 6.3% as I write)

WB


By Warren Buffoon

Panmure by nk1999

  Wed, 04 Nov 2015 19:48:00 GMT

From ADVFN:

"Broker Panmure Gordon warned that FTSE 250-listed Vesuvius is likely to be hit by the same industry pressures as German rival SGL Carbon, which issued a profit warning on Tuesday.
SGL Carbon warned that, despite its cost-cutting efforts, it expects group profit to decline significantly in 2016 due to renewed pressure on prices in the graphite electrode market.

"It appears that steel customers are starting to reduce and/or postpone their demand for graphite electrodes already for first quarter of 2016," Panmure said.

Analysts expect Vesuvius to face similar pressures, particularly from its US and European customers, some of whom are having to close plants.

Panmure believes the consensus EPS forecast of 30.6p and 31.2p for 2015 and 2016 remains "too high" and expects pressure on revenues and margins particularly in 2016."

nk


By nk1999

Investec by nk1999

  Thu, 08 Oct 2015 23:18:00 GMT

From ADVFN:

"Investec took a look at the UK industrials space, upgrading IMI to 'buy' from 'hold', while cutting Spectris to 'hold' from 'buy' and both Vesuvius and Weir to 'sell' from 'hold'.

Investec said that for most companies, trading in September will have been weak, not terrible, just weaker than consensus expectations.

"This will be confirmed by the upcoming trading update season, but has been previewed by the slew of broad-based profit warnings globally and recent conversations we've had."

On IMI, it said investors still generally buy into chief executive Mark Selway's s strategy and plans even if the doubling of profit target to 2018 looks a challenge.

"We view IMI as being at the better quality end of the UK industrials universe and the operational actions being delivered will only enhance this medium-term. While short-term earnings momentum is negative (although probably not as bad as currently assumed) we see cash generation, the balance sheet and dividend yield as attractive and the valuation as undemanding."

As far as Vesuvius is concerned, the brokerage said management has continued to improve the operational performance in recent years, but multiple end market headwinds will overshadow these efforts for the time being.

"We downgrade our EPS expectations for Vesuvius more than for almost any other company we cover as trading in both divisions continues to deteriorate. We are well below consensus and comfortable being so."

Finally, it said Weir looks vulnerable to profit revisions greater than consensus expectations reflect.

"The impact of copper and gold will be felt in terms of lower volumes and pricing, particularly in FY16E, we believe."

Investec said this outturn is not factored into current guidance or consensus estimates."

nk


By nk1999

Right way by Warren Buffoon

  Fri, 31 Jul 2015 08:38:00 GMT

Business seems to be going the right way and a dividend increase is handy too. . . .

WB


By Warren Buffoon

Pretty quiet by Warren Buffoon

  Wed, 22 Jul 2015 16:55:00 GMT

Pretty quiet on this board.

Just bought in to get some exposure to the General Industrial sector and keen to take on board the generous dividend.

Might look a bit dodgey but the cash flow is good and there's not too much debt. ALSO, Christer Gardell has £239 MILLION invested in the company. Seems a good sign to me

WB


By Warren Buffoon

Vesuvius infographic by albent

  Wed, 08 Apr 2015 09:20:00 GMT

Further fundamentals on LSE:VSVS LINK

By albent

Re: Time to take some profits by sapito

  Sat, 28 Feb 2015 14:43:00 GMT


Yes, not a bad time to offload part of your holding, after a good run in recent weeks ahead of next Tuesday's results announcement. My guess though is that any good news is now in the price, and the shares will temporarily retreat - especially if the market generally takes a breather. However, will they then recover before the geopolitical events you refer to send absolutely everything into a tailspin?
This game is not for the faint-hearted, is it?


By sapito

Time to take some profits by Merlindale

  Tue, 17 Feb 2015 12:54:00 GMT

I have been holding these since the demerger and watched them climb and climb, but finally sold half my holding at 462p, along with topsliocing a few other holdings, in anticipation that we might see some sell off generally with a potential grexit, or more mayhem in Europe and Ukraine

By Merlindale

Interims by Hardboy

  Fri, 01 Aug 2014 20:07:00 GMT

The results were sound. I wasn't sure how the market would react - everything was more or less as expected. Strong sterling holding back reported figures, when on the ground things are going well.

What I did not expect from the market was complete apathy.


By Hardboy

NEW ARTICLE: Vesuvius is great margin story by II Editor

  Fri, 01 Aug 2014 13:32:00 GMT

"LSE:VSVS:Vesuvius, the former steel arm of conglomerate Cookson, is doing more business now than it was a year ago, and a drive to restore margins at the molten metal engineer is going well. In fact, half-year results largely beat forecasts, ..."

LINK


By II Editor

Times-Tempus by nk1999

  Thu, 06 Mar 2014 16:33:00 GMT

Extract from HL yesterday (Wednesday):

"Contrary to expectations, following the demerger of Cookson Group into Alent and Vesuvius it was shares of the latter which outperformed. The firm sold unprofitable units, helping to compensate for the slowdown in steel production Stateside and in the Euren. It also hived off its precious metals unit before a collapse in the price of gold. Those measures improved margins and allowed for a 5.3% increase in the dividend. In fact, the firm is targeting a further improvement in margins.

The company will also gain from China's shift towards consumption. Even so, at 14 times' earnings the shares do not seem much more than a hold, as the speed of that change in China is not clear and achieving those targets hinges on achieving internal efficiencies, Tempus says. "

nk


By nk1999

Share Price by Hardboy

  Mon, 03 Feb 2014 17:24:00 GMT

One month ago this was pushing on above 510; now its bouncing around 430 - a 16% drop.

What has changed in that time to the business, or the markets it operates in?

Do they do much business in Argentina, Turkey or South Africa? Not a lot I think. There is a fear that the reduction in US QI will mean there is less money sloshing about in the spending pockets of Emerging Markets, but is that really true? China's manufacturing has slowed a bit. (but the media always compare %s, rather than actual figures, and this often leads them to the wrong conclusions - 7.8% of 100 is less than 7.7% of 107.8.)

I am not saying what is the true value price of VSVS, just that the worth has not come down 16% in a month.


By Hardboy