Zotefoams (ZTF)

Sector:

Industrial Chemicals

Index:

FTSE Small Cap

400.00p
   
  • Change Today:
    -8.00p
  • 52 Week High: 494.00
  • 52 Week Low: 360.00
  • Currency: UK Pounds
  • Shares Issued: 48.62m
  • Volume: 8,654
  • Market Cap: £194.48m
  • RiskGrade: 186

London midday: Miners bolster Footsie

Date: Friday 23 Oct 2009

  • Market Movers
  • techMARK 1,494.70 +0.32%
  • FTSE 100 5,269.87 +1.20%
  • FTSE 250 9,388.12 +0.74%

LONDON (ShareCast) - UK share prices have shrugged off unexpectedly bad gross domestic product figures, with mining stocks leading the advance.

The economy shrank by 0.4% in the third quarter, confounding analysts’ expectations of a return to growth and suggesting that further stimulus measures may be on the cards.

It is the sixth consecutive quarter of contraction, the longest peacetime recession in the UK since the 1930s. Analysts had been expecting a rise of 0.2%.

With metal prices on the rise again – copper for three-month delivery has hit a one-year high – mining stocks are in demand. Kazakhmys, Anglo American, Vedanta and Xstrata are the picks of the mining sector, with Anglo receiving an additional leg-up from a positive broker note from Deutsche Bank, while Vedanta benefits from Morgan Stanley upping its price target from 3112p to 3168p. Credit Suisse, meanwhile, has given the whole sector a rating upgrade, to ‘benchmark’.

Moving from underground to outer space, satellite broadcaster BSkyB had a good third quarter, adding a net 94,000 subscribers in the last three months, with revenues and profits also ahead. However, the strong performance was expected and the share price remains becalmed.

Engineering company Invensys said its railway subsidiary has won a contract for the Metro system in São Paulo, Brazil. Invensys Rail will install its Sirius Communication Based Train Control (CBTC) system on line 8, 10 and 11 of the city’s metro system.

Conditions are set to remain mixed for underwriter Brit Insurance after a three months that saw UK premiums rise strongly but elsewhere remain under pressure.

Laundry and workwear firm Davis Service Group said trading has continued broadly in line with the trends seen in the first half of the year, with revenue modestly ahead of the nine months period in 2008 and profits maintained at a similar level.

Financial trading software specialist Fidessa has continued to make good progress across all regions and believes that it can deliver strong growth for 2009 as a whole.

Speciality plastic and fibre products supplier Filtrona had a slightly better than expected third quarter than management had been expecting, on the back of a strong performance by its Porous Technologies division.

Foam maker Zotefoams expects underlying profits to beat market foreasts for this year after sales picked up in the second half.

Metals group Delta's trading performance has weakened since the half year though it remains on track to hit market forecasts.

Sub-prime lender Provident Financial expects no material improvement in the rate of increase in unemployment until next Spring and will maintain a cautious approach to new lending will remain in place at least until then.

Exploration and production energy company Hardy Oil and Gas’s shares shed around a third of their value after it plugged and abandoned the first of four wells to be drilled in the D9 exploration licence in India.

The proposed merger between South African platinum producer Sylvania Resources and Finnish minerals company Ruukki Group has been called off by mutual consent.

Medgenics has moved a step closer to commercialisation of its tissue protein therapy technology by securing the backing of a major international biopharmaceuticals company.

FTSE 100 - Risers
Kazakhmys (KAZ) 1,312.00p +4.79%
Prudential (PRU) 629.50p +4.48%
Invensys (ISYS) 309.80p +3.86%
Anglo American (AAL) 2,370.00p +3.72%
Vedanta Resources (VED) 2,371.00p +3.72%

FTSE 100 - Fallers
BT Group (BT.A) 137.10p -1.86%
Bunzl (BNZL) 653.00p -1.73%
3i Group (III) 298.50p -1.13%
GlaxoSmithKline (GSK) 1,241.00p -0.76%
TUI Travel (TT.) 244.80p -0.69%

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Zotefoams Market Data

Currency UK Pounds
Share Price 400.00p
Change Today -8.00p
% Change -1.96 %
52 Week High 494.00
52 Week Low 360.00
Volume 8,654
Shares Issued 48.62m
Market Cap £194.48m
RiskGrade 186

Zotefoams Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.9% below the market average70.9% below the market average70.9% below the market average70.9% below the market average70.9% below the market average
41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average
Price Trend
77.26% below the market average77.26% below the market average77.26% below the market average77.26% below the market average77.26% below the market average
88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average
Income
57.77% below the market average57.77% below the market average57.77% below the market average57.77% below the market average57.77% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
1.69% above the market average1.69% above the market average1.69% above the market average1.69% above the market average1.69% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Zotefoams Dividends

  Latest Previous
  Interim Final
Ex-Div 09-Sep-21 06-May-21
Paid 08-Oct-21 01-Jun-21
Amount 2.10p 4.27p

Trades for 28-Sep-2021

Time Volume / Share Price
11:18 238 @ 400.00p
11:06 1 @ 400.00p
10:56 256 @ 400.00p
10:35 276 @ 400.00p
10:26 1,268 @ 396.29p

Zotefoams Key Personnel

CEO David Stirling
Finance Director Gary McGrath

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