Roebuck Food Share Discussion Threads

[resourceful] 20/10/2021 15:34

supposed to be worth 30p a share
i like assets

[george stobart] 08/10/2021 15:45

hi chat, are you going to continue investing in the food business following the special divi or will you sell out completely and take profit?

if the food business worth anything?

[redalert] 30/9/2021 11:43

sale of cold storage division

[resourceful] 15/3/2021 14:56

has to be a deal coming

[boonkoh] 14/1/2021 15:57

Wonder if Norish is impacted by Brexit issues for exports to EU?Saw that there were some in the news regarding seafood from Scotland.

[resourceful] 18/12/2020 16:14

this is turning out to be a good investment but no one cares

[resourceful] 10/11/2020 16:19

someone knows something

[resourceful] 30/10/2020 14:58

has anyone any inkling of whats going on
A US company is mopping up cold store firms in Europe

[maverick081267] 27/10/2020 17:45

Anybody here?? Very quiet here

[hastings] 21/11/2019 09:37

Very welcome move here today, accelerating the more recent trend.

[resourceful] 22/10/2019 10:16

good to see some life in this
there was a presentation in dublin recently
was anybody at it

[mr doughnut1] 06/9/2019 14:40

Got my 10k, in two 5k trades. Spread not good and will probably put a lot of investors off. MM are releasing stock but pi's will have to pay a premium for the moment. Hopefully it will be worth it.
Loving this BB nice and quiet.

[mr doughnut1] 05/9/2019 14:36

I have been trying to buy an additional 10k prior to the release of next weeks half years results, there is no stock available. hopefully this is a promising sign.

[martinthebrave] 23/5/2019 09:32

Nice Update today before the AGM inc/ -

Overall, the Group continues to make substantial progress. Group profit before tax for the first four months at £754k is 80% ahead of the same period last year.
The Balance Sheet is strong with the net debt to EBITDA ratio at 1.7 at 31 December 2018. Net debt has continued to reduce during the first four months of 2019.
As previously reported the final dividend of 1.85€cent which is an increase of 9% will be paid on the 18 October 2019 to those shareholders on the register on 27 September 2019.
At this juncture, we expect another very positive outcome for 2019."

[resourceful] 08/3/2019 16:37

well done them
surprised that the cold stores did not make more

[davidosh] 08/3/2019 10:01

Yes it looks very positive overall with the key metrics going in the right direction....

Norish plc (AIM: NSH), is pleased to announce its preliminary results for the year ended 31 December 2018.

Financial Highlights

· Profit before tax increased by 17.6% to £1.94m (2017: £1.65m)

· Diluted adjusted Eps increased by 22% to 5p (2017: 4.1p)

· Group revenue decreased by 12.4% to £36.8m (2017: £42.0m)

· Dividend increased by 9% to 1.80 €cent (2017: 1.65 €cent)

· Net debt was reduced from £5.4m at start of year to £4.9m at year end.

· Interest cover has increased to 11.4 times (2017: 8.7 times)

We anticipate another year of strong profit growth for the group in 2019.

In our cold store division, the year has got off to a strong start in the first two months of the year. Management continues to focus on maximising both sales mix and pricing, in a market that is currently more favorable to cold storage businesses, than it has been at any time in the most recent past. Focus on underlying cost improvement will continue. We look forward to further improving returns in this division during the current year.

The UK frozen food sector is currently the fastest growing retail category, growing at 4% per annum. A combination of factors is driving this growth including growth in online shopping premiumisation of the category, as well as providing a solution to food waste. This growth comes against a background of a cold store market which has seen a lack of significant investment over an extended number of years.

Despite the current volatility in its underlying markets, our protein sourcing division is well placed to deliver in line with expectation on the back of its low risk operating model.

Our dairy farming division is now performing strongly. Work in relation to our major dairy project is ongoing at pace. We have assembled a very experienced team, to drive this initiative, to achieve the market position we have set for this development over a two to four-year time frame.

[hastings] 08/3/2019 09:15

Results make for pleasant reading, outlook looks positive for further progress.

[davidosh] 03/3/2019 15:40

I have invited Norish to my Mello event in May

Fingers crossed for good results this Friday

[resourceful] 25/2/2019 11:53

they must be making good money from brexit fears
all warehouses full

[hiraniha] 31/1/2019 17:56

Miton Asset Management appear to be a large holder in this stock.

[resourceful] 28/3/2018 08:41

more good results
price getting high
any idea whats going on