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Hello, Share Seekers. For some reason which escapes me Johnson Matthey (JMAT), the chemicals giant, has seen a falling share price while other Footsie members have (slowly) been crawling forwards. And yet this is one of those British giants that should grow strongly into the brave new world of progressing technology. Never mind, in the last few days, the share price has rallied and I expect it to do even better within the next few months.
Last month here, I concluded that ‘Johnson Matthey (JMAT) shares are worth buying’. It is positive to see the FTSE 100 name noting that ‘our vision is for a world that's cleaner and healthier, today and for future generations’.
Malcolm was absolutely correct last Tuesday when he wrote HERE that Johnson Matthey (JMAT) ‘is a company which depends on its securing a good market share of the electric future and it’s certainly trying hard to succeed in this competitive field’. As I observed last September, ‘it is kind of tough to value potential 2030 themes, but it is nice to have a few of these things sprinkled into a broader corporate business which is already sensibly set’. In short, I have owned the stock for a while and currently sit on a nice profit. There have been two recent sets of numbers on this one during the last couple of weeks.
Hello, Share Takers. The growing popularity and rosy future of electric cars has caused excitement in the city. And yet the warmth for related shares seems to be cooling a bit. Ceres Power (CWR), which makes steel cell batteries, has enjoyed a multi-bagging run over 12 months but the shares are down about 20% on their highs now. However, another player in the field, Johnson Matthey (JMAT), has seen its share price rise steadily in recent weeks.
Hello Share Takers. We all know there’s a huge change coming over the way we get from A to B. We can tell from the surge of adverts on TV that the age of petrol cars is coming to an end after more than a century. And it’s not just cars undergoing the change. Also being urgently electrified are lorries, buses and trains...
Hello, Share Seekers. In June 2018, the share price of Johnson Matthey (JMAT) reached around 3800p. Less than two years later it had fallen below 1700p. This looked mainly due to the virus, yet other companies in the same sector seem to have benefited from the pandemic. So perhaps it’s high time that Johnson Matthey caught up...
I believe it was Frank Zappa who once observed that 'there is more stupidity than hydrogen in the universe, and it has a longer shelf life'. I seem to talk about stupidity a lot in my writings on various investments (mostly at a specific company level but - naturally - occasionally my own). Today, however, it is the turn of hydrogen. Like the complete investment geek sad-o that I am, I spent part of this weekend listening to Friday's seminar by the FTSE 100's Johnson Matthey (JMAT), a company I last loved up here , noting that their vision of 'growth opportunities for our science-led strategy' is a philosophy and profile that I can sign up for.
I last wrote about Johnson Matthey (JMAT) in late March, since when unsurprisingly the share has made some solid progress (although clearly it remains heavily down year-to-date). Back in March I wrote about how the stock would be a member of my top five 'quality longer-term FTSE-100 constituents' on the basis of the range of 'typically high barrier to entry businesses (recycling and refining of precious metals, clean air and car emissions regulation focused, plus batteries and value-adding fine chemicals)'. Well that is all fine and dandy but - as today's full year to 31st March numbers show - it does not preclude profits getting a whack...
If you ask me to name five 'quality' longer-term FTSE-100 constituents, then I would probably include Johnson Matthey (JMAT) on that list. Naturally though, its corporate longevity and range of typically high barrier to entry businesses (recycling and refining of precious metals, clean air and car emissions regulation focused, plus batteries and value-adding fine chemicals) has not stopped it avoiding the recent plunge. Today's update (thanks to the FCA for allowing this – you know my thoughts on the postponement / suppression of reporting) includes a profit warning, but that is par for the course, although with a bunch of cost suppression comments…
Hello, Share Squeakers. Continuing my cautious policy of bringing to your attention companies which continue to boost profits, rather than those ventures which grow revenues but whose profits lag behind, I suggest you look at Johnson Matthey (JMAT)...
Hello Share Trippers. Johnson Matthey (JMAT) is a play worth looking at. While some FTSE giants appear to be struggling at the moment, this company is doing better than expected. Its full-year income was 7% ahead of the previous year. Though its underlying profits were more or less unchanged at £525 million, the final dividend rises by 7%.
Back from some half-term jaunts...and it is not the usual Thursday frenzy in the corporate earnings markets. I do note though results from my old mucker Johnson Matthey (JMAT) which I have loved-up in the past, describing it as a 'precious metal refiner and clever catalytic converter technology company'. I also - back in September last year - highlighted the 35 quid share price level as being full. Well that worked alright over the following few months but here we are again back close to that big level. So what do you do?
Hello, Share Chasers. It seems a while since I’ve looked at Johnson Matthey (JMAT), but considering the latest numbers - and more importantly its future prospects - I believe that the stock is worth buying.
A cool two years and two months ago (almost to the day) I observed you had the opportunity to make some money on the shares of precious metal refiner and clever catalytic converter technology company Johnson Matthey (JMAT) with the natty headline of '19th Century heritage with 21st Century appeal'. After briefly getting to the area of my £35 target price a few months after the original call, they are back there again now after a stupendous end of last week bounce.
Hello, Share Diggers. Johnson Matthey (JMAT) is a chemicals king. The world will always need what it does. But what is exciting the City at the mo is its ambitious drive to improve battery technology. As electric cars are the big talking point at the mo, it seems that the right battery for them has a blistering future.
Hello Share Scratchers. I’m not a great enthusiast for chemicals. I got a GCE in the subject, but never understood the benefits. Also, my dad used to say never eat foods with chemicals in them. And yet the world of elements and compounds is a chemical one and everything in existence can be classed in the realm of chemistry.There’s no doubt that the chemical outfit Johnson Matthey (JMAT) do a lot of good work for the planet.
Sharesin Johnson Matthey (JMAT) have been hit hard by the fall in precious metal prices, plus the diesel car emissions scandal, but I think it offers a buying opportunity.
I once met a chap who had a silver cigarette case. He’s not reading his Shareprophets carefully enough, I thought. Otherwise, his glittering cigarette case would be made of gold.
For those of you bemoaning the decline of British industrial ingenuity I present to you Johnson Matthey (JMAT): a company with a 19 Century heritage, the name of a provincial solicitor but 21st Century appeal. Here’s why.
The uber excellent mining analyst Roger Bade of Whitman Howard has today pointed out what seems blindingly obvious to me but apparently not to most of the other mining analysts in London: shares in Johnson Matthey (JMAT) at 2758p just look to be patently overvalued. In my humble opinion there has to be 20% downside. But Bade is the expert and he writes:
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