KPC PEEL HUNT buy 4% stake (17.35 million shares)in ELEMENTIS the chemical maker on behalf of mystery client has sparked a buying spree. This purchase followed at 12 million purchase a few minutes earlier and it has been all buy of this share since. Is this a share that is about to bounce.

This company has been staggering over many a year. Promises, promises but NEVER fulfilled. Time, perhaps, to take it out of its misery.

33 million more purchased (another 8%if it is to the same mystery punter that is a 12% portion of this company), after the bell perhaps this one has something in the offing (takeover possibility maybe. The train is leaving the station. All aboard. DYOR

The fat lady is warming up. I'll be sad to see the back of this generous giver. It's perfect for Melrose. Can they wait until February?

This share is shining %16 up in two days. The mystery purchaser of 11% f the shares has now been identified and is an investment company that don't invest in companys without gaining seats on boards.

sit back and enjoy the ride.Isuspect there is more to come.christmas is alittle early this year.

j5960 do you have any info on this one

A nice little 22% rise since the mystery buyer kicked in and some 350,000 protected transaction shares sold after the bell today with a .5p rise today.
Is this share about to breakout. Some solid purchasing of this share since the 9/1/05. :-))) DYOR

yes

Worth having a look at Elementis ELM which has come out with a very bullish trading statement very recently.

http://www.investegate.co.uk/Article.aspx?id=201005240700093878M

In addition brokers are calling this one a buy.



Elementis PLC

FORECASTS 2010 2011
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax
() EPS (p) DPS (p)

Brewin Dolphin Investment Banking [A]
21-05-10 BUY 38.23 5.75 2.98 41.53 6.28 3.11

The Royal Bank of Scotland NV [A]
04-05-10 BUY 37.35 5.90 2.90 42.39 6.69 3.00

Collins Stewart [A]
23-02-10 BUY 5.30 5.70

Notes to forecasts
(24 May 10) A flag refers to outlook


GROWTH
2009 (A) (E) (E)

Norm. EPS -91.34% % %
DPS 0.00% % %

INVESTMENT RATIOS
2009 (A) (E) (E)

EBITDA 27.70m m m

EBIT 14.20m m m

Dividend Yield 4.30% % %

Dividend Cover 0.27x x x

PER 85.34x x x

PEG -0.93f f f

Net Asset Value PS -7.19p p p

From Zak Mir Pro TAer........

Zak Mir



Reged: 28/06/07
Posts: 1303
Re: CHART ATTACK - Longs and Shorts
#465548 - 28/05/10 07:54 AM Edit Reply Quote



ELM looks great. Above the 50 dma at 61p could hit 2009 resistance line target of 90p in 3 months.

Post Extras:

Trading on a P/E of just 8.9 ..... far too cheap imo....... should be at least twice that P/E..................

Elementis ForecastsYear Ending Revenue (m) Pre-tax (m) EPS P/E PEG EPS Grth. Div Yield

31-Dec-10 453.77 44.28 6.56p 10.2 0.1 +134% 2.98p 5.0%
31-Dec-11 482.94 48.56 7.53p 8.9 0.6 +15% 3.15p 5.3%

Monday's tip on UK-Analyst is from the growth company experts at Small Cap Shares‏.

From: Small Cap Shares (smallcapshares@news.t1ps.com)

Sent: 05 July 2010 16:58:13

BUY ELEMENTIS (ELM) at 61.5p

VALUATION

A key catalyst for the shares is the release of interim results in August, where we expect Elementis to report a significant turnaround in trading in line with its recent comments.

Broker Brewin Dolphin increased forecasts by 10% on the trading update and currently anticipates earnings of 5.81p for the 2010 financial year, rising to 6.34p next year.

These estimates put the shares on a current multiple of 10.6 which falls to 9.7 in 2011. The shares also offer a healthy 4.87% yield if as forecast the 3p dividend is maintained. BUY.

Greetings Goldfinger - just a note to let you know that you are not alone in ELM. I bought in July 09 on a tip in Shares Mag, when they were just 29p each. Yield was a tasty 9.5% - so two times a winner with these. These will go a lot higher as the recovery gathers pace. I will look to trade higher up, but only to improve my running yield - I am mainly an income investor these days.

Hope you and I both do well then Lord Gnome.

Just updating the Broker table.....

Far too cheap, a P/E of just over 8 going into 2011, far too stingy and a great chance of upgrades along the way.

From Hemscott premium....

Elementis PLC

FORECASTS 2010 2011
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

The Royal Bank of Scotland NV
08-07-10 BUY 47.72 7.21 2.90 52.76 7.97 3.00

Brewin Dolphin
02-07-10 BUY 49.66 7.46 3.14 51.82 7.81 3.28

Collins Stewart [A]
23-02-10 BUY 5.30 5.70

2010 2011
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Consensus 48.62 7.33 3.01 52.33 7.90 3.13

1 Month Change -1.04 -0.13 -0.13 0.50 0.09 -0.15
3 Month Change 15.40 2.11 0.11 14.89 2.25 0.18

Notes to forecasts
(24 May 10) A flag refers to outlook


GROWTH
2009 (A) 2010 (E) 2011 (E)

Norm. EPS -91.34% 826.28% 7.78%
DPS 0.00% 3.83% 3.95%

INVESTMENT RATIOS
2009 (A) 2010 (E) 2011 (E)

EBITDA 27.70m 69.68m 74.17m

EBIT 14.20m m m

Dividend Yield 4.36% 4.53% 4.71%

Dividend Cover 0.27x 2.43x 2.52x

PER 84.08x 9.08x 8.42x

PEG -0.92f 0.01f 1.08f

Net Asset Value PS -7.19p 44.60p 49.71p

Monday 1st November trading update

Short term looks ugly for ELM....

see chart below

http://charting.webs.com/elm%201.JPG

Elementis +47pc

The speciality chemicals group Elementis is enjoying a sharp increase in demand for its products in Asia and South America, which is offsetting economic uncertainty in Europe .

The company, founded in Liverpool in 1844, makes coatings and chromium, and is benefiting from a boom in the oil and gas drilling sectors. For example, Elementis sells coatings additives for shale drilling and unconventional, high temperature, high pressure drilling.

The group is also cash-rich. Last year the dividend was increased by 42pc and investors are ready for more returns after Elementis said in April that it is “in the process of reviewing the appropriate balance between cash reinvestment and shareholder returns”.

Elementis to acquire Watercryl Quimica
StockMarketWire.com
Elementis has agreed to purchase Watercryl Quimica Ltda, a Brazilian coatings additives company, for $24m in cash. Watercryl was established in 1993 and is a leading supplier of additives to the Brazilian coatings industry, with manufacturing and technical facilities based in Palmital, São Paulo.

Elementis says the acquisition will significantly increase the company's presence in Latin America and provide a platform for its specialty products business to accelerate growth in the region.

The transaction is expected to close during the second half.

At 9:11am: (LON:ELM) Elementis share price was +5.3p at 193.2p

http://www.moneyam.com/action/news/showArticle?id=4417892HIGHLIGHTS



· Total revenue increased, with good organic growth in both of our core businesses:

o Specialty Products up 4 per cent despite the downturn in Europe.

o Chromium up 9 per cent.

· Group operating profit increased by 12 per cent.

· Group operating margins improved from 18.2 per cent to 20.1 per cent.

· Earnings per share increased by 15 per cent.

· Continuing investment in Specialty Products growth, including recently announced acquisition in Brazil.

· Further strong cash generation, with net cash of $29.9 million at the period end.

· Special dividend programme announced to further enhance shareholder returns, returning up to 50 per cent of year end net cash on the balance sheet.