Well worth a ride up and down on this one I reckon.

Presently long.

Intermediate Chart



1 Year Chart



Broker Recos to follow.

DYOR.

Carrying on from where it left off on friday....Nice and

Loads err money.

too margin-greedy for my liking and also too illiquid i am almost sure

SP gone through 200 day MA, looking very strong...

Met a guy the other day who has recently joined this company as a welder in their trailer division in Suffolk. Not one I have been watching, but seems to have picked up recently. Div yield is fair at 2.3% but most brokers seem to be neutral at the moment on this stock.

21st April 2011
StockMarketWire.com
Actuator manufacturer Rotork plc reported a record order intake for the first quarter, up 18% on last year to 108m.

In its interim management statement for the period since January 1, the group said its order book now stood at 153m, 10% higher than at the year end.

The pneumatic and hydraulic actuator division saw the greatest increase in order intake, 29% up on the first quarter of last year.

However, group shipments were slightly down on 2010 due to the timing of delivery requests by customers. A stronger second-half performance was expecterd as these projects were delivered.

Rotork said it expected first-half results to show margins slightly lower than before, reflecting continued investment in the business and higher raw material costs.

In Rotork Fluid Systems, margins in the first half would show a reduction, although this was expected to reverse in the second half. Management remained focused on mitigating the effect of higher raw material costs through sourcing initiatives.

Overall margins for the full year were expected to be similar to the previous year's.

The market in Japan had started to return and the group was supporting customers in repairing and replacing damaged equipment.

A number of nuclear power projects had been delayed while governments assessed the risks but Rotork expected investment to return in the medium to long term with increased maintenance activity in the short term.

The group said it continued to be highly cash generative and maintained a strong balance sheet. Cash balances at the end of the quarter were 104m.

Acquisition on April 8 of Rotork Servo Controls Mexicowould allow it to develop its sales channels in Mexico and invest in its service solution.

Goes ex-divi wed 25th May '11.

Specialist valve manufacturer Rotork's ability to consistently post blockbuster results should ensure its shares continue to perform. Half yearly update (31 July) -revenues rose 23.3% on -year to hit a record £245.9 million, also helping drive profit before tax 17.2% higher to £58.1 million. Broker consensus expects the company to keep printing record sales and profit numbers in the coming years. Turnover is projected to jump 15.6% in 2012 to £517.6 million and rise 7.6% to £557.1 million in 2013.

Just seen in Shares mag, Ian King purchased shares on 5-12-12 . 1989 shares at 2,694. Up 7% so far. He also purchased on 15-12-09 and the shares are up today 135%

Climbing nice and steady.

On Wednesday, Rotork PLC (ROR:LSE) closed at 2,852, 2.83% below its 52-week high of 2,935, set on Feb 20, 2013.



Consensus recommendation


As of Feb 25, 2013, the consensus forecast amongst 16 polled investment analysts covering Rotork p.l.c. advises investors to hold their position in the company. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Feb 09, 2012. The previous consensus forecast advised that Rotork p.l.c. would outperform the market.
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http://markets.ft.com/research/Markets/Tearsheets/Forecasts?s=ROR:LSE

Sold my holding been in since 23.50

Rotork warns on regional weakness
Tue 05 Mar 2013



LONDON (SHARECAST) - Valve engineering group Rotork delivered a strong set of full year results on Tuesday, but shares dipped as the group warned on the likelihood of weakness within some regions as a result of the current economic conditions.

Revenue for the 12 months came in at £511.7m, up 14.3% from £447.8m in 2011, giving a pre-tax profit of £124.2m, up 10.3% from £112.6m a year earlier.

Basic earnings per share rose 11% from 93p to 103.1p. The full year core dividend totalled 43p, compared to 37.25p in 2011.

Over the year order intake climbed 16.8%, with the order book reaching a record high of £181m at the end of the year.

The group said that each division had achieved record results in terms of order intake, revenue and profit.

Chief Executive Peter France said: "The strong results across the group reflect the progress we have made in executing our strategy, with each division achieving record results in terms of order intake, revenue and profit.

"Our expanded product portfolio and extensive international reach position us for further growth. We will continue to invest in infrastructure, product development and sales channels both organically and by acquisition to strengthen our presence in the wider flow control market.

"The markets that we serve remain active and whilst we recognise that we are likely to see weakness within some regions due to economic conditions, the board remains confident of achieving further progress in the coming year."

The share price dipped 1.45% to 2,861p by 10:35.

StockMarketWire.com
Rotork said -- based on year-to-date performance, a strong order book and diverse end-market exposure -- it continues to expect to make further progress in the full year, with margins anticipated to be similar to those seen in 2013.

In an interim management statement for the period July 1 to Nov. 13, Rotork said Q3 order intake was up 4.3% (+5.6% OCC) on the comparable period in 2013, with cumulative order intake to 26 October ahead 3.2% (+6.0% OCC) on last year.

Revenue for Q3 was down 1.0% (-0.5% OCC) on the comparable period, reflecting the timing of deliveries. Cumulative revenue was up 0.1% (+2.2% OCC) on the prior year, and revenue is expected to display its traditional weighting to the fourth quarter.

The order book at 26 October was £213.2m, 4.1% (+5.8% OCC) ahead of the same point last year.

Of its various divisions, Rotork offered the following highlights:

Rotork Controls
"Order intake for the third quarter was up 8.7% (+15.9% OCC). Activity levels have continued to increase throughout the year and cumulative order intake was 3.8% ahead (+11.4% OCC) of the prior year. We continued to see strong demand for our products in the Americas and Asia Pacific whilst Europe remained subdued. Downstream and midstream oil and gas remained our most active markets, with variable levels of activity in water and power."

Rotork Fluid Systems
"Trading in the period was challenging, and order intake in the third quarter was down 18.3% (-12.0% OCC). This decline in order intake reflects a strong comparable period in 2013 and the delay and, in some cases, the loss of orders caused by the tightening of trade sanctions on Russia, which resulted in a negative impact of £6m in the quarter. Order intake in Europe was affected the most. Asia Pacific was flat year on year, whilst we saw growth in order intake in the Americas. Cumulatively order intake was 5.7% lower (-1.9% OCC) than the prior year. However, the order book is currently at a record high, leading us to expect that trading in the fourth quarter will be strong."

Rotork Gears
"Third quarter order intake was strong, up 16.3% (+23.2% OCC) against the same period in the prior year. Regional activity was similar to that seen in the other divisions, with Europe down and the Americas and Asia Pacific showing growth. Cumulative order intake was 2.5% ahead (+5.5% OCC) of the prior year. We continue to expect the division to benefit from the product development and sales activity undertaken in recent years."

Rotork Instruments
"Instruments has benefited the most from acquisitions in the period with YTC acquired in March 2014 and Midland acquired in July 2014. Order intake in the third quarter is 115.9% higher but 5.8% lower on an organic constant currency basis. Cumulative order intake was 69.2% ahead (+3.0% OCC). The integration of both businesses into the Rotork Group is progressing well and to plan."

Financial position
"The Group continues to be highly cash generative and maintains a strong balance sheet with a high return on capital employed. Net cash balances at 26 October 2014 were £8.3m."

StockMarketWire.com
Rotork said project activity in the Americas and Asia Pacific remains encouraging and it sees opportunities across key end markets.

"We continue to anticipate a challenging trading environment in the short term with the timing of orders difficult to forecast. In the light of trading to date, the Board currently expects first half results to be lower than the prior year," Rotork said.

Whilst, as anticipated, full-year margins will be slightly lower than the prior year, "current project visibility, combined with the strength of our product portfolio and international sales network, should enable a stronger second half, delivering an overall performance in line with management expectations for the full year."

SHARE SUBDIVISION
As outlined in the Notice of Annual General Meeting dated 25 March 2015, and following the passing of the relevant resolution at the Annual General Meeting held on 24 April 2015, it is expected that the subdivision of each of the Company's existing ordinary shares of 5 pence each into 10 new ordinary shares of 0.5 pence each ("New Ordinary Shares") (the "Subdivision") will become effective at 8.00 a.m. on 18 May 2015 (the "Effective Date"). On the Effective Date, the Official List of the UKLA will be amended to reflect the Subdivision. The issued ordinary share capital of the Company immediately following the Subdivision becoming effective will comprise 869,393,180 New Ordinary Shares of 0.5 pence each.

New share certificates in respect of each shareholder's holding of New Ordinary Shares will be sent to the holders of certificated shares as soon as practicable after the Effective Date. Shareholders who hold their shares in uncertificated form will have their CREST accounts credited on the Effective Date.

StockMarketWire.com
Rotork's H1 pretax profit fell to £56.3m, from £61.5m. Revenue was £274.2m, from £278.5m. Order intake was £274.0m, from £302.7m. Interim dividend was 1.95p, from 1.92p.

Rotork also announced the acquisition of M&M International Srl, a subsidiary of Spirax-Sarco Engineering plc.

The enterprise value of the acquisition is 9.7m euros payable in cash.

The purchase will be funded from existing committed bank facilities. In 2014, based on audited accounts, M&M generated operating profit of €1.5 million on turnover of 8.9m euros

StockMarketWire.com
Rotork, the market leading actuator manufacturer and global flow control company, has acquired Bifold Group for up to £125m on a cash-free and debt-free basis.

Bifold, based in Manchester, is a leading manufacturer of pneumatic and hydraulic instrument valves and components focused on the oil and gas industry and wider industrial markets, with expertise in a number of niche sectors such as subsea and wellhead control systems.

The acquisition is in line with Rotork's strategy of strengthening its presence in the flow control market and broadening its product portfolio.

The total consideration is for up to £125m in cash, comprising £115m on completion and £10m deferred for up to two years based on achieving specific financial targets. The acquisition is being financed from new committed debt facilities.

Peter France, chief executive, said: "The acquisition of Bifold represents an exciting step forward in the continued development of Rotork Instruments. This strategic acquisition of a long held target of Rotork's is directly in line with our core strategy of strengthening Rotork's presence in the flow control sector and broadening our product portfolio.

Bifold is a highly complementary business to Rotork with a well-regarded management team that provides Rotork with an enlarged platform to further offer its products and services to the oil and gas sector and wider industrial markets."

StockMarketWire.com
Rotork said, based on current exchange rates, it expects FY revenue to be in the range of £530m-£555m with adjusted operating profit in the range of £120m-£130m.

"The trading environment in the second half to date has been challenging across most of our key markets and geographies," the company said.

"We have seen an increased number of project deferrals and cancellations, with trading in August particularly weak.

"We continue to see an encouraging level of quote activity and a large pipeline of opportunities. However, as we highlighted at the time of the half year results, the timing of order placement and product delivery remains difficult to forecast.

"A number of orders expected to be placed in the third quarter have been delayed with delivery now anticipated in 2016, impacting the Group's results for the current year.

"Rotork operates a lean business model and we have continued to implement our previously-announced cost management initiatives and are on track to achieve the savings indicated at the time of our half year results.

"However, these savings will not be sufficient to mitigate the profit impact of lower revenues in the year."

StockMarketWire.com
Rotork has acquired Roto Hammer Industries Inc. and Servo Moteurs Service. Roto Hammer, based in Tulsa, Oklahoma, USA, is a manufacturer of custom-designed chain wheel manual valve operators.

The enterprise value of the acquisition is up to $12.4 million, payable in cash. The purchase will be funded from existing committed bank facilities. In 2014 Roto Hammer generated operating profit of $1.9 million.

StockMarketWire.com
Rotork said its trading environment has remained challenging across most of its key markets and geographies. Nevertheless, the company's FY expectations remain unchanged from the guidance issued Sept. 17.

Based on current forex rates, revenue for the year would be in the range of GBP530m-GBP555m, with adjusted operating profit in the range of GBP120m-GBP130m.

Quotation activity in the third quarter was similar to the prior year but order intake was 17.2% lower (-17.3% OCC). Cumulative order intake in the ten months to 25 October was 12.5% lower (-15.1% OCC) than the same period in 2014.

Revenue for the third quarter was 18.1% lower (-18.6% OCC) than the comparable period with cumulative revenue 7.1% lower (-10.0% OCC) than the prior year. The order book at 25 October was £185m, a 13.3% reduction (-13.1% OCC) compared with the same point last year.

"Although our quote activity has remained encouraging, the timing of order placement and product delivery remains difficult to forecast," Rotork said in a statement.

"We continue to implement our previously announced cost management initiatives and we are on track to achieve the savings indicated at the time of our half year results.

"Today we are announcing the small acquisition of Eltav which provides wireless technology for the valve industry and will strengthen our wireless offering."