just got this off sharecrazy board>

http://www.stockchallenge.co.uk/typo/stockchallenge/ftse.php


seems its definately set to move into the smallcap sector and indeed the trackers will be buying.Its up today as a few have already calculated this.

anyone still holding onto these?

Does anyone have any recent 'buy' notes on this one?

Results out on 26th of this month. Buys will come in stronger when the price hits 440 and the retrace is clearly over. Does look a great buying opportunity.

bloddy hell..........bit of a drop.

Maybe this is the bit the market didn't like:

"but added that it (RAY) does not expect the outlook for the US to improve in the second half of the year."

Looks like a very good opportunity for a top-up in RAY now. Fall has been overdone.


Raymarine gains strength - MoneyAM

Raymarine this morning reported a 13.8% rise in its first-half adjusted pretax profit.

Numbers were helped by a strong performance in Europe, the Middle East and Asia Pacific.

The company also said that it has purchased its sole German distributor H E Eissing KG for up to 2.4m.

Raymarine, which supplies electronic products to the leisure marine market, posted an adjusted pretax profit of 22m for the six months ended June 30th, compared with 19.3m last year, on sales of 83.7m, marginally up from 83.4m.

The company said due to improving margins, it expects its overall full-year performance to be in line with its expectations, but added that it does not expect the outlook for the US to improve in the second half of the year.

It said it believes that the strong trading performance in Europe, the Middle East and Asia Pacific will continue in the second half as it introduces more new products.

Raymarine added that it expects sales to remain flat in the US in 2008, with the rest of the world continuing its recent growth trend.

Gross margins are expected to remain in line with expectations, the company said, adding that it continues to approach the future with confidence.

Raymarine said the purchase price of Eissing will be paid in cash from its existing facilities, and the acquisition is expected to be earnings enhancing before restructuring costs in the first full year of ownership.

For the year ended December 31st, 2006, Eissing reported a turnover of 10.9m (7.4m), Raymarine added.

Fall has been overdone. They are buying their own shares now.


Raymarine PLC
20 August 2007

Raymarine plc - Transactions in Own Shares

Raymarine plc announces that on 20 August 2007 it purchased from JPMorgan
Cazenove Limited 500,000 ordinary shares at an average price of 266.3812 pence
per share. The purchased shares will be held as treasury shares. Following the
above purchase, Raymarine plc holds 500,000 ordinary shares in treasury, and has
82,311,839 ordinary shares in issue (excluding treasury shares).

harrycat

everything else is fine and expectations overall are to be met.........the market is getting more corrupt by the week.

I agree that yesterday's drop was a bit overdone but maybe its more to do with the announced acquisition. They will be paying up to 2.4m using their own cash reserves. Considering that they still have a sizable debt, perhaps the market didn't like this upfront payment.

I don't profess to know the answer - just speculating.

Goes ex-divi on the 29th Aug (interim divi).

Have done nicely out of these this week. ;-)))

is anyone in this recently as potential for takeover

is this takeover about to happen.....be quick everyone before its too late.
sudden increase in price right now with decent volume

going higher and higher

hurry up guys and buy

RAY has gone down sharply after talks of offer terminated - now 214p.

so is this a buying oppertunity than.

Not yet...it just fall to 200p now. I think 140p will be a fair price

With the credit crunch biting and economy crumbling, RAY which niche lies in the leisure marine market is not a place to be. SELL - currently 197p.

Raymarine (LSE: RAY.L - news) makes the kind of kit every well-equipped sailor needs, from navigation devices and autopilots to radar gear and instrument panels. The rating on the shares of 5.5 times current year earnings plus the prospective yield of 8.2% - certainly looks attractive on a long-term basis. However, the short term is likely to prove difficult. Avoid says the Telegraph.

Raymarine sits at six times earnings and yields nearly 8%, but carries 82m of net debt. The chance of a fresh bid approach remains, but that is insufficient reason to buy. Sell says the Times.