Dull business but cracking chart, great dividend and ad hoc takeover rumours. I'm happy to settle for that kind of dull!

More sexy than you think.
Watch out when the results are published for news about their Chinese business. With the huge iincrease in mining output Fenner must be supplying lots of conveyer belting. Similarly S Africa and Australia's mines are humming at the moment!

Smile

Smile - thanks for that. Your name appears apt as I am now! Let's hope SP momentum keeps going!!

Another nice little tick up today......

And a further 2% so far today. Small steps but getting exciting...

....+3.5% and a new high today. Is no-one else interested in this little gem?

I look in now and again. I've been holding since 101p, so I'm very pleased indeed. I'm looking for 135p by year end.

Good for you ironnick151157! I got in at 108p so a little behind you but still willing the price on! I think that this one has legs and although not as sexy as some of the oil exploration stocks at present it could surprise a few people (hopefully!)

Looks like you're going to get your 135p ironnick!!

ironnick - you're pretty much there. You selling or staying put?

Q, Sorry for the delay in getting back to you. I've been away for the past two weeks and couldn't get near a computer. On the ADVFN board the have been some very positive comments as well as from Robbie Burns, on his site & in the Sunday Times. I'm still holding out for the 135p, but will have another look at where I think it's heading, when it gets there.
Cheers,
IN

No worries - I hope that the break was on a deserted beach somewhere in the Pacific!

I wish it was. Unfortunately I broke my both legs in seperate accidents whilst training for my next Ironman race. Had to go away to get them fixed.
IN

Nightmare! Sorry to have brought that to the surface. I'm hoping that you are okay now but if you do the Ironman races then I guess you're made of pretty stern stuff.

LONDON (AFX) - Fenner PLC told shareholders at today's AGM that, with strong order levels and buoyant demand across most operations, the outlook remains unchanged for an improved result for the six months to February 2005.

Chairman Colin Cooke said the group is confident of further progress in the remainder of the year.

He said the weakness of the US dollar continues to impinge on profits in the specialist polymer operations but these businesses continue to grow, especially in the area of silicone hose products.

In addition, the group said the worldwide resurgent demand for coal, at significantly higher prices, has sustained the high level of orders for the company's heavyweight conveyor belting products - particularly in North America.

As expected, however, it said raw material input costs driven by high oil prices, supply constraints and unprecedented demand present a constant challenge to the company's businesses.

Nice tick up again today - is no-one out there interested in this little gem?

very interested but no money at present!!

Well keep watching moneyplus as I'm hoping for great things from FENR!

Queen,
Where do you see this going? I had thought it would level out at 135, but it's gone past that.
IN

Well, have breached the March 2002 level of 140p and the next resistance seems to me a re-test of the March 1998 high of c.220p. Now, that would be nice!

LONDON (AFX) - Speculators had a crack at Fenner, 3 pence firmer at 145-1/2, amid talk that Brown Shipley has received a 160 pence-a-share offer from a cash-rich US conglomerate for its 11.4 pct stake in the conveyor belt manufacturer. Traders say that, in the event of a full-blown bid for Fenner, a take-out price would have to be north of 200 pence.

This is from the end of last week. Looks exciting and if events head in a bid direction my prediction of 220p may not be too far wrong. Now wouldn't that be nice!