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Entendance

05/27/14 9:13 AM

#14055 RE: b9molecule #14054

SMIN.LN SMGZY Smiths still reeling after IMS, Investec cuts rating Dowjones 05/27/2014
Investec Securities has mulled Smiths Group's 3IMS which was delivered Friday and has decided to cut its recommendation on the stock to hold from buy following the 'disappointing' GBP25 million charge in the Detection business. The target price is cut by 7.7% to 1385p.
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ALOG halted: company issues downside guidance, lowers Q14 revenues guidance
...continued delay in airport tenders resulting in lower than previously expected sales of our security systems in this fiscal year...
ALOG SECURITY SOLUTIONS
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zeynoc

05/27/14 3:56 PM

#14057 RE: b9molecule #14054

We will see whether them being not able to sell is good news or bad for us. We are not selling that many either to air cargo so if it is market related then all this chatter around smiths is a little bit off if you ask me. Again, Glenn goes down to deep silence, hopefully we don't find ourselves again in 70s and then he puts a sales PR out there.