Yule Catto Discussion

Re: Reaction to the IMS

Boring Bernie — Fri, 18 May 2012 06:43:00 GMT

The Buzz

While markets are getting hammered I'll be drip feeding cash into some shares. Chances are they'll be in red for a while but I'm not trying to call the bottom on this.

Off topic - I did get round to researching and buying Walker Greenbank a few months ago. Tx for the tip.

Got a plane to catch, so won't be around for a while.

BB By Boring Bernie

Re: Reaction to the IMS

The buzz — Thu, 17 May 2012 17:40:00 GMT

Hi BB,

A brave person to buy at the moment. I bought a few shares elsewhere a week or so ago and they are looking distinctly down at the moment! The market is in fear mode at the moment so some prices are starting to reach badly oversold levels. YULC has been reasonably resilient in the past, but there were some signs of weakness in the Far East as well. The debt level is still 'high' but I suspect that their investment/ consolidation expenses will start to taper away and the huge synergy savings (still on track) will start to work their way through - so I do not see a problem there; but the market is running a bit scared in respect to large bank loans. Yes the Euro exchange rate has weakend a bit - time will tell if that will remain the case. On the plus side the $ is getting stronger v £ so that will help with a bid from the US.

The Buzz By The buzz

Reaction to the IMS

Boring Bernie — Thu, 17 May 2012 12:38:00 GMT

Well, the City seems to have decided that the IMS wasn't good news.

From my reading of it, trading is much as expected but the thing which has put the cat among the pigeons is the exchange rate on the Euro.

With everything happening in the world it's probably a bit early to top up, but that's what I did over lunch. Time will tell if that's right or not

BB By Boring Bernie

Re: Director buys

Boring Bernie — Wed, 04 Apr 2012 19:42:00 GMT

Buzz / Old Bolier

You're both right. Basically, don't invest in a company primarily for the possibility of a takeover. But good companies which look undervalued and give a larger company a presence somewhere ( either geographically or ) are always likely takeover targets.

BB
By Boring Bernie

Re: Director buys

The Oil Boiler — Wed, 21 Mar 2012 16:39:00 GMT

You may well be right regarding takeovers but I would prefer to benefit from long term growth and know my money is invested in a good quality business with excellent prospects. By The Oil Boiler

Re: Director buys

The buzz — Tue, 20 Mar 2012 21:47:00 GMT

.. Did I read that you intend to hold these shares for 5 years. I would suggest that is most unlikely. As the global economy recovers I would expect YULC to be taken over within 3 years. What never fails to amaze me is that no matter how much new production capacity that they build in Malaysia, it is never enough and they have to build yet more facilities. The likes of Dow Chemical cannot ignore the fact the Western economies are moving much more slowly/ more mature than Far East economies, and that they need to have an increased presence there.

The Buzz By The buzz

Re: Director buys

The Oil Boiler — Tue, 20 Mar 2012 19:24:00 GMT

A VERY positive sign I would say.

I only bought in on the results but this is the third time I've owned YULC shares and I have to say that it has never looked stronger.

Well placed for a global recovery - I envisage holding these for at least five years. By The Oil Boiler

Director buys

MJS1234 — Tue, 20 Mar 2012 11:59:00 GMT

See from the News tab that yesterday one of the directors bought 50,000 shares - a positive sign.
GLTA
MJS By MJS1234

Re: Catto - Sell (Don't?)

Boring Bernie — Fri, 16 Mar 2012 09:52:00 GMT

Gardener

It does indeed, though I'll admit to taking some more profits. Mind you, my history on selling YULC isn't great a
so I'd suggest now is a good time to buy

BB By Boring Bernie

Re: Catto - Sell (Don't?)

cottagegardener — Fri, 16 Mar 2012 09:46:00 GMT

Looking very good here today.

By cottagegardener

Re: Catto - Sell (Don't?)

Boring Bernie — Thu, 15 Mar 2012 14:34:00 GMT

Seems to me that he's top sliced a few. Nowt wrong with doing that from where I'm sat !

BB By Boring Bernie

Re: Catto - Sell (Don't?)

MJS1234 — Thu, 15 Mar 2012 14:26:00 GMT

The RNS says:

11. Number of shares, debentures or financial instruments relating to shares disposed
100,000 SHARES
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
0.03%
13. Price per share or value of transaction
£2.27 PER SHARE
14. Date and place of transaction
14 MARCH 2012
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
BENEFICIAL HOLDING: 1,946,955 SHARES, 0.57%

Seems to me he sold 5% of his holding at a price lower than the current price by just under 10p and has circa £225k to play with.
I don't think this should be a concern when he still has just under 2m left in the company plus whatever options.
May be wrong, DYOT etc
GLTA
MJS

By MJS1234

Catto - Sell

Chip_Scashtin — Thu, 15 Mar 2012 14:07:00 GMT

See RNS
No comment - I guess he has plenty more By Chip_Scashtin

Questor - buy

MJS1234 — Thu, 15 Mar 2012 08:11:00 GMT

Another positive article.
Good rise yesterday and up today.
Long may it continue
GLTA
MJS

http://www.telegraph.co.uk/finance/markets/questor/9144115/Questor-share-tip-Yule-Catto-has-the-right-mix-to-weather-tough-times.html By MJS1234

Motley Fool Comment

MJS1234 — Wed, 14 Mar 2012 12:48:00 GMT

Agree with what others have said.
The Motley Fool comment is worth a read.
Good rise today - long may it continue.
GLTA
MJS

http://www.fool.co.uk/news/investing/company-comment/2012/03/14/profit-up-99-in-one-year.aspx?source=ufwflwlnk0000001 By MJS1234