Dairy Crest Share Discussion Threads

[philanderer] 24/5/2013 21:40

that`s a fine performance on a bad market day.

[philanderer] 24/5/2013 14:05

Dairy Crest: Investec moves target price from 466p to 480p reiterating an add rating

Beaufort Securities initiates with 'buy'

[philanderer] 23/5/2013 14:08

Dairy Crest: Panmure Gordon increases target price from 430p to 500p and keeps a hold recommendation. Investec places its target price (prev.: 466p) under review, while retaining an add rating.

Jefferies buy tp 485p
Shore Cap hold
Investec add
Numis hold tp 460p

retentions

[philanderer] 23/5/2013 13:57

Dairy Crest CEO Interviewed on Full-Year Results

[philanderer] 23/5/2013 13:39

Checking in from Naxos and numbers look very acceptable. Bad day to be reporting.

[skinny] 23/5/2013 07:05

Financial Highlights
· Adjusted profit before tax is up 7% to £50.6 million
· Year-end net debt is down 82% to £60 million
· Post year-end restructuring of balance sheet reduces future interest charges
· Post year-end additional £40 million cash contribution to the pension fund reduces exposure
· Proposed final dividend is up 2%

Strategic highlights
· Successful sale of St Hubert has refocused the business on the UK
· Process is underway to move to one business structure focusing on consumer driven growth and an integrated supply chain
· Innovative new milk price formula introduced to help farmers and sustain milk supply

Operating Highlights
· Ongoing growth for Cathedral City ahead of market
· Clover and Country Life both gained market share
· Innovation driving added value sales: 5% of total revenue and 9% of key brand revenue generated from products introduced in the last three years
· Continued focus on costs: £23 million annualised cost savings delivered in 2012/13, with a further £20 million identified for 2013/14
· BITC Platinum Big Tick Award reflects ongoing strong Corporate Responsibility commitment

[philanderer] 22/5/2013 20:39

Teams will put their pulling power to the test in Stroud on Bank Holiday Monday.

The Charity Truck Pull Challenge will see 13 teams attempting to pull Dairy Crest trucks along Merrywalks, which will be closed to traffic.


Read more:

[philanderer] 21/5/2013 16:03

Soc Gen retains 'hold' .... increases tp to 485p

[philanderer] 18/5/2013 16:15

Thursday 23 May

Dairy Crest is the third notable UK firm in our sector to book FY figures next week. It has been a significant year for the Cathedral City cheese owner. It quit France in June when it sold its St Hubert business. The company said it would use the proceeds to pay down debt and possibly acquire brands in the UK. Dairy Crest has yet to pounce but has revised its capital structure and invested funds in its pension scheme. The company, meanwhile, has restructured its challenging UK dairies division.

[philanderer] 17/5/2013 14:37

Low volume reported so far unless there`s a big one to report after the close

Mail market report:

A few brokers have today downgraded the Food & Beverage sector today... The sector is now testing the bottom end of its channel from the start of 2011 - and with the earnings multiple still at 19x 2012 price-to-earnings - there is still more downward reversions to come,' Nick Xanders, who heads up European Equity strategy at brokerage BTIG, said in a note

Read more:

[philanderer] 17/5/2013 14:08

What happened at 11am ????


June DCD Newsletter - Dairy Crest Direct

[martin.sadler] 16/5/2013 16:40

target 450!!!!! I want 500 by end of the month :-)

[philanderer] 16/5/2013 15:01

wifi`s fine here :-)

Dairy Crest: UBS ups target price from 390p to 450p and leaves its neutral rating unchanged.

[philanderer] 14/5/2013 20:48

Evening Martin, looking forward to a good set of numbers on the 23rd.... off to Naxos tomorrow night so I hope the wi-fi`s ok to keep me in touch :-)


"Dairy Crest Direct puts farmgate price up"

[philanderer] 12/5/2013 20:52

'Sentiment could sour towards Dairy Crest'

Strong rally offers a profit-taking opportunity at the milk, cheese and butter business

Risk-averse investors might consider selling into the rally at milk, cheese and butter supplier Dairy Crest (DCG) ahead of forthcoming (23 May) finals.

Downgrades could be on the cards, should the dairy foods firm flag margin pressure and slowing....

subscription reqd.

[philanderer] 10/5/2013 20:59

10th may Panmure 'hold'

reiterates.

[philanderer] 08/5/2013 17:08

Well that was a strange start to the day. More or less unchanged on good volume of 322k traded.

Two weeks until the prelims.... and hopefully the wi-fi on Naxos will be working :-)

[leeson31] 08/5/2013 10:20

dont worry, theres lurkers here :-)

love the share price trend, but id need to get in only on a dip, but still in uptrend..

[biggcl] 08/5/2013 10:06

Aren't you a bit lonely on here phil?


For the record I'm also in recently and I like the steady growth and a decent dividend.I also prefer a quiet thread.

[philanderer] 08/5/2013 09:12

That`s a good rise on heavy early volume today.

[philanderer] 05/5/2013 09:40

Newsletter may issue 103

[leeson31] 03/5/2013 21:00

Great trend on this and low volatility Phil!!

Low mcap to sales, but nice per.

Cheers