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25 directors buy shares in UK Engineering Companies

I’m not talking about the big cap FTSE 100 stocks here, but smaller FTSE 250 companies that are the global leaders in their field of specialty engineering. Many of these companies have grown from a UK engineering base to have globally spread customers. They may also be companies with less near term economic exposure, protected […]

John Wood CFO buys back shares sold in April

The CFO of John Wood Group plc (WG. , 185p), Alan Semple, yesterday bought 50,000 shares at 166p, taking his holding to 1.164m shares. Whilst this of itself is not significant, there are a few factors which continue to support a positive view on John Wood : Semple sold 92,000 shares in April this year […]

Melrose plc – working on FKI, four directors bought shares.

On November 19th Melrose plc (MRO, 78p) reassured investors with an Interim Trading Statement saying that ‘trading is in line with expectations’ and ‘the integration of FKI is ahead of plan’. So good news. This was supported by director buying on the 19th and 25th of November by four directors who between them bought over 1.3m […]

Weekly Review- November 16th: HSBC, De La Rue, Allscripts, GKN, IMI, Babcock, Rentokil, TT Electronics

Lets start with the good news! We’ve closed our cautious view on HSBC (November 14th article here), with a 10% absolute return or a 20% relative return over a month. We linked directors share sales with an expected increase in negative newsflow over China’s economy, and saw the shares weaker to reflect this. Maybe this is […]

TT Electronics sees acceleration in director buying activity

From November 2007 to September 2008, directors of TT Electronics (TTG, 45p, Small Cap)  bought roughly 200,000 shares. In October 2008 the activity accelerated, with five of the groups seven directors buying over 1.3m shares. The directors dealing activity exhibited other favourable characteristics such as a significant % increase in shareholdings of the directors who […]

Weekly review Nov 2nd- Directors signal market bottom, UK Engineers, Allscripts-Misys, Carnival.

Directors Buying signalling market bottom? I was surprised on Friday to see such a turnaround in directors sentiment ‘Directors ARE buying shares. Buys outnumber Sells 10 to 1’. Data on Directors Dealings from Digitallook (site here) showed that over the month of October Directors Buys in the FT 350 companies outnumbered Directors Sells by almost […]

Head of GKN Automotive doubles shareholding.

Five Executive directors at GKN plc (GKN, 126p) have bought 386,000 shares between them this week, increasing their shareholdings in the group by 75% to around 896,000 (Source: London Stock Exchange). Those directors are: CFO William Seeger, CEO Sir Kevin Smith, CEO of Powder Metallurgy Andrew Smith, CEO of Aerospace Marcus Bryson, and CEO of […]

Can Sulzer come back and bid for Bodycote? Ask the directors.

‘Bodycote (BOY, 118p) is the world’s largest and most respected provider of testing and thermal processing services: Heat Treating, Hot Isostatic Pressing, Metallurgical Coatings and Testing – operating in 30 countries’ (strategy page on co website). Four directors have bought shares in the last two months, and the CEO has exercised options over 148,000 shares (at […]

Confident Laird directors delve into pockets

Laird plc (LRD, 150p) ‘provide technology for an increasingly connected world’ in the form of  Electronic Components and Antennae enabling wireless connectivity (see co website for the lowdown). They last declared results at the end of July for the June half year, showing an operating cash flow of GBP 28m for the half year (or […]