Copied from Croda's web site, it gives a quick insight into the niche markets in which this company specialises ...... They also own Uniquema, which is how the latter fits in ......

Croda isnt a household name but household names have made us successful. Within our core speciality chemicals business we focus on personal care, health care, home care and plastics additive markets.

Uniqema (cynic adds - acquisition completed 1/9/06) provides base oleochemicals such as fatty acids, polymerised fatty acids, glycerine and soap to a global market. With years of experience and technical advancements, Uniqema is a global market leader.


Now you have the outline, here are the charts to follow ..... Croda has generally been a steady performer, and none the worse for it ...... the chart today, following the announcement of a sale of a part of the biz, sp has moved upwards with indications that it could be about to break upwards .... and i have backed my mouth with my money

ta Gf
no doubt questor might prove me wrong. i do hope so for all investors sake.
bring back the real quiny. questor aint the same. give im a rise and bring im back. lol.
regards
jkd

Croda International PLC

FORECASTS
2008 2009

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

ABN AMRO
10-02-09 BUY 97.50 47.16 18.60 99.34 48.21 20.46

it's certainly a very good company this, but though i started the thread, i have not been watching it of late ...... though i have some cash in hand, shall sit and contemplate for the moment, though good friend GF (nice to have someone who also gets lots of flak!) has guided me well of late

well, i suppose i half-reciprocated with ORE, which i still highly commend as it is still showing a discount of about 10% to the all-share offer from POG

Nice one cyners.

oh you silver-tongued devil you!

haven't seen the figures, but thought they were very good .... so sp has plummeted! ..... selling on the news? ..... maybe a good chance to buy?

bought a few at 493.5 (see chart above), and may come back for a second bite

Exactly what I did cyners.

Opens up a chance to re- buy after the ships steadied a little.

Bumper profits, divi up 25% and confident about 2009 prospects, so shares go down! Fly in the ointment appears to be rising debt, primarily because of adverse currency translation (which also helped profits) and there is still a significant pension deficit. Cash generation is strong, the business looks to be very well managed and in good long term markets. A quality share imo.

From the Blue Index Blog

Chemical Brother
April 29th, 2009

Chemical group Croda (CRDA) is one of those less-than-glamorous companies, often ignored as traders and investors chase more adventurous plays. But a closer look at the Croda share price performance shows a resilient performance throughout the credit crinch, and a healthy dividend to boot

This morning, Croda announced Q1 pre-tax profits for continuing operations of GBP21.7m, on revenues from continuing operations up 1.9% to 230.8m. These numbers are also boosted 20.1% thanks to some favourable currency transactions, and more importantly are in line with expectations. Group net debt at 395.8m at the end of March, is also in line. While the group expects weakness in the commodity and industrial markets to continue, Croda anticipates sales growth in its Consumer Care and this, says the group, allied to ongoing cost savings and favourable raw material pricing in some sectors, gives continued confidence for further progress in 2009.

Full transcript here
http://blog.blueindex.co.uk/2009/04/chemical-brother/

intrinsically a very good company, though quite illiquid to trade.
results were less than inspiring, and coupled to the announcement to shut one of their plants and a weak chart pattern, this is NOT the time to buy

Good run lately on back of generally improved market and hopes for return to profits in industrial chemicals division (made loss at half year and should be scope for decent recovery) - home/personal care continues to grow. Third quarter update due in a couple of weeks. I have recently top sliced to bank some profit, but this remains core holding in my ISA. Always DYOR.

http://www.proactiveinvestors.co.uk/companies/news/9480/chemicals-specialist-croda-international-continues-to-deliver-solid-returns-9480.html

Having a great run, on my short list (probably a bit more upside to come) but due a pull back my instinct being prior to third quarter results. Good trading play.

Well worth having a trading long in this stock looking at the chart.



855p target SP.

this is another top notch company, though trading can be pretty thin ..... sp just challenging new all-time high ...... buy now? ..... arguably better to wait for the break

Very impressive backing from the brokers....


Croda International PLC

FORECASTS
2009 2010

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

W H Ireland Ltd
27-11-09 MPER 100.00 48.10 20.50 115.00 55.30 22.00

Charles Stanley
20-11-09 BUY 100.00 51.50 20.50 113.00 57.00 22.75

Collins Stewart
02-11-09 BUY 50.00 60.40

ABN AMRO
02-10-09 HOLD 91.92 44.75 20.56 105.47 51.35 23.59

Speirs & Jeffrey Ltd
29-09-09 BUY 94.60 44.90 20.70 109.60 53.80 21.80

Eden Group
03-07-09 BUY

2009 2010

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

Consensus 97.92 49.09 20.52 110.68 55.03 22.06
1 Month Change 3.33 -0.04 0.00 0.08 0.05 0.01
3 Month Change -2.02 1.01 0.00 -3.63 0.07 -0.20


GROWTH
2008 (A) 2009 (E) 2010 (E)

Norm. EPS 69.45% -7.28% 12.10%
DPS 16.44% 20.71% 7.50%

INVESTMENT RATIOS
2008 (A) 2009 (E) 2010 (E)

EBITDA 154.20m 147.26m 168.48m

EBIT 120.20m m m

Dividend Yield 2.20% 2.66% 2.86%

Dividend Cover 3.11x 2.39x 2.50x

PER 14.57x 15.72x 14.02x

PEG 0.21f -2.16f 1.16f

Net Asset Value PS 43.17p 197.47p 206.25p


Way undervalued on a forward P/E of just 14 to 2010

Splendid results today and optimistic opinion about 2010. A high quality business and it has been an excellent PEP/ISA investment to date.

what a clever chap i am! ...... i start the thread saying what a good company this is, and then completely forget about it!!

Excellent results yesterday. Quality business.