It's been a good week for WSP with 2 good contracts awarded. Anyone follow these. Does seem to be on an upward climb. Technically has now broken up through strong resistance at 55p now at 74p and up 10p on the week (17%)

I'ts breaking out again , not much resistance til 200p.

Thought I would reserect this thread!

I remember only a few month ago, when I was happy when it passed 1.20. Personally I sold out long ago, and took my profit, but after seing it drop back slightly after hitting 2.00 I tempted to get some for the long term.

Results (finals) due out first thing tommorrow!

Results looking good : http://moneyam.uk-wire.com/cgi-bin/articles/200403080700092241W.html

I did get some for the long term, and the share promptly slipped back slightly, but yesterday it started back up and today I'm in profit.

This one goes ex div on April 7 at 3p a share.

Thought I'd find this thread, as this share is getting interesting again!

when moneymakesmoney started this thread in Feb 03, this share had broken 55p and was at 74p. Now its 230+ and still rising.

Anyone else taken a look at this share? (It also pays 2 dividends a year!)

Still hold some of these bought some time ago - a typical case of buy when the market is down, sit tight and wait: -

Anyone else following this company?

It looks like I'm the only one. Shame really - this seems to be my star buy from last year (as a long term investment) at the moment.

I have watched this one and regret not buying- any price predictions over the next 6 months. I hope there might be a pull back in May time for me to get onboard. cheers MP

I'm happy I'm in! Looks like its not going to pull back, but keep going up up and awayyyyyyyyyyyyyyyyyyyyyyyyyyyy ;-)


LONDON (AFX) - WSP Group PLC posted an increase in turnover and pretax profits in 2004 ahead of expectations and said its order book is at a record level, with more than 500 mln stg of secured orders for the year ahead.

'The quality of this order book in terms of prestigious projects and long term framework agreements ... underpins the sustainability of our future operations.

'I am therefore confident we will build on these good financial results to deliver continued growth, improved profit margins, strong cash flows and an increasing long-term order book,' said chairman David Turner.

For the year to the end of December 2004, WSP posted pretax profits up 71 pct at 9.6 mln stg on sales of 328.2 mln stg from 298.9 mln, and upped its final dividend to 3.2 pence per share from 3.0 pence.

newsdesk@afxnews.com

Moneyplus - its still going up! Directors have been purchasing a lot of shares
- hence todays large increase

March '07 - LONDON (AFX) - "WSP Group PLC posted increased full-year pretax profits and said its order book has grown to 700 mln stg, with a pipeline of 'attractive opportunities'.
The management and consultancy company reported pretax profits of 26.4 mln stg on revenue of 416.7 mln stg compared with 19.8 mln stg on revenue of 349.1 mln stg a year earlier.

Pretax profits, adjusted to add back certain tax and amortisation items, came to 27.5 mln stg as against 20.3 mln, on adjusted revenue of 449.4 mln stg from 374.0 mln stg.

WSP proposed a final dividend of 6 pence a share from 4 pence last time, bringing the total dividend for the year to 9 pence, up 41 pct from 6.4 pence.

The company said it continues to see particularly strong activity in the US and Middle East over the next year, and in the property and environmental sectors in general, adding that it will continue to focus on diversified, profitable growth."

This is not one I have followed at all in the past, but what an awesome graph over the last 5 years.
Is anyone still holding this stock, looking for more growth & does anyone know the ex-divi date please?

Tipped in the Mail on Sunday Midas column as a buy at 763p today. DYOR, but I can see no reason to doubt their continued long-term growth.

never heard of this company before, but from the brief look i have taken, very impressive in all respects and firmly focussed on what it does best ..... perhaps wrongly, i shall wait for a bad day - i.e. for rsi to unwind a bit and for sp to slip back to 25 dma level where it seems to find consistent support.



red = 25 dma
green = 50 dma
black = 200 dma

A pretty impressive graph.
Brokers Numis/Seymour/Altium/ABN Amro all give this a buy rating with an EPS of +/- 35p for 2007, & an EPS +/- 40p for 2008.
2006 saw a turnover of 416m & a pre-tax profit of 26m.
I still haven't been able to find the ex-divi dates, even from their website.
I have been watching this for a few months & looks good for a medium term investment imo.

Nice to see two very recent broker upgrades both putting the stock on a forward P/E of just over 5 ........... way too cheap IMHO...

WSP Group PLC

FORECASTS
2009 2010

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Panmure Gordon
31-03-09 BUY 40.08 43.87 15.00 39.14 42.83 15.00

ABN AMRO
30-03-09 BUY 40.00 43.13 15.50 38.50 41.48 16.00

not so good to see stock being dumped then!

Cyners stock dumped!!!!!!!!, it went ex divi yesterday ......... you divi.