Dairy Crest Share Discussion Threads

[little beaker] 12/11/2013 08:36

I sold these as I wasn't happy with the cashflow figures from the last results.

[goldpiguk] 07/11/2013 00:02

Hi Darias,

Will certainly be looking at DCG results closely and good luck.
One of the appeals of DCG is its relationship with Waitrose which is rapidly gaining market share. Until now the growth of Waitrose (top end) and the discount supermarkets had held me back from holding any supermarket shares.

I have looked at them again and SBRY has a very strong brand, good management, and recovery written all over it.

MRW (which is also coming out with a quarterly management statement in the morning) has real growth potential underpinned by a massive freehold property portfolio. It may take a few years to really flow through to the share price but I am very happy to wait!

CGT reasons played a part in my decision to take profits here.

Goldpig

[darias] 06/11/2013 15:56

We bought over April/May 2011 for £3:82. In line with our policy of introducing a stop loss at 30% profit it was due for sale but I recommended purchasing more to take our average to £4:42p

The dividend yield is so good that I did not want to sell. A majority of the club agreed so we cancelled stop loss and bought more.

Best of luck with SBRY and MRW. We hold MRW (bought in June at £2:75) but caught a cold with Tescos (May 2010 £4:24) :-(. Do not fancy putting any more into supermarkets.

We also have our Christmas knees up at end of November so are unlikely to trade until January which means we would face penalties from Barclays for not trading for three months if the stop loss had not been acted on.

[goldpiguk] 05/11/2013 21:19

Hi Darias,

I sold my holding of 5,000 DCG yesterday which I had bought for c.3.30ish a couple of years ago.
There is much to like about this company and it would certainly make an attractive takeover target.
In the short term it may be vulnerable to further margin pressure and risk reward going forward now looks more evenly balanced.

Yesterday I also sold my BT holding after a very strong rise and used the sales proceeds to buy Sainsbury's and Morrison which were not in my portfolio. Both SBRY and MRW have a higher dividend yield and both dividends should rise faster than at DCG.

Goldpig

[darias] 04/11/2013 13:30

Added today.

Now represent over 4% of our investments.

Even after adding current price represents over 14% over our purchase price. With a dividend yield approaching 4% seemed rude not to have some more.

[leeson31] 19/9/2013 17:56

23 May 2013

Dairy Crest Group plc ("Dairy Crest")

Final results for year ended 31 March 2013


2012/13 2011/12 Change
------------------------------ ---------- ----------- -------
Revenue # GBP1,382m GBP1,515m (9)%
------------------------------ ---------- ----------- -------
Adjusted profit before tax*
# GBP50.6m GBP47.5m +7%
------------------------------ ---------- ----------- -------
Profit / (loss) for the year GBP54.5m GBP(17.1)m
------------------------------ ---------- ----------- -------
Adjusted basic earnings per
share* # 29.9p 28.9p +3%
------------------------------ ---------- ----------- -------
Basic earnings / (loss) per
share # 0.0p (29.1)p
------------------------------ ---------- ----------- -------
Year-end net debt GBP60m GBP336m (82)%
------------------------------ ---------- ----------- -------
Proposed final dividend 15.0p 14.7p +2%
------------------------------ ---------- ----------- -------


--------------


Trading update Monday should see min of ~$700m revs.. ??

[leeson31] 19/9/2013 17:50

Trading update Monday 23rd Sept/

Panmure Gordon PT 600p, as at 19th Sept 2013/

[leeson31] 19/9/2013 17:46

we-heyyy. re "whey" :-)

thats a pretty good price target and scope for profit at 600p.

thanks Phil.

[philanderer] 19/9/2013 17:39

Panmure Gordon's foodies took a trip to Dairy Crest's cheese operations, and liked what they saw. They increased their target to 600p and rated it a buy to "reflect the opportunity in whey". The group, which recently reinstated its Buttermen characters, pictured, to its Country Life brand, gobbled up 2p to 483.4p ahead of a trading update on Monday.

London Ev Standard newspaper.

[skinny] 16/7/2013 07:01

Dairy Crest's overall trading in the first quarter has been in line with our expectations and our financial position also remains in line. Our expectations for the full year remain unchanged.

[philanderer] 24/6/2013 09:24

Sold out for now , will keep on the watchlist.

Luck to all holders.

[philanderer] 23/6/2013 20:44

Dairy Crest Announces More Good News!

We have also had some brilliant news from Dairy Crest. I was delighted to hear with the Minister, David Heath MP that firstly after a competitive process, they have secured the contract to supply fresh liquid milk to Lidl for another year, effective from 1 June 2013.

hxxp://www.heatherwheeler.org.uk/blog/3219

[philanderer] 21/6/2013 20:43

Dairy Crest increases voluntary benefits take up

hxxp://www.employeebenefits.co.uk/benefits/voluntary-benefits/dairy-crest-increases-voluntary-benefits-take-up/102343.article

(http)

[philanderer] 21/6/2013 10:02

xd for the 15p next wednesday... maybe some are buying for that reason ?

[philanderer] 20/6/2013 13:39

That`s the question :-)

But it`s up on big volume ... 500k+ traded so far.

[nofool] 20/6/2013 12:43

It's BLUE. But for how long?

[philanderer] 19/6/2013 12:41

Coca-Cola, Mondelez, United Biscuits, Kellogg and Dairy Crest are among the major food and drink companies that have rejected the Government's new universal front of pack "traffic light" labelling scheme, which the Department of Health (DH) will fear could cause confusion among health-conscious consumers.

hxxp://www.marketingweek.co.uk/news/major-brands-shun-govt-traffic-light-labelling-scheme/4007085.article

[philanderer] 18/6/2013 20:44

Legal & General up to 3.5% holding.

[philanderer] 18/6/2013 16:25

Missed this from last week..


Morgan Stanley restated their hold rating on shares of Dairy Crest Group (LON: DCG) in a research note issued to investors on Friday, AnalystRatingsNetwork reports. The firm currently has a GBX 500 ($7.85) price target on the stock.

[philanderer] 14/6/2013 21:01

Business Profile: Mark Allen, CEO Dairy Crest

hxxp://www.fwi.co.uk/articles/14/06/2013/139548/business-profile-mark-allen-ceo-dairy-crest.htm#.Ubt08OdOPIk

[philanderer] 14/6/2013 09:14

Responsible Business of the Year Award – Platinum Big Tick 2013

Dairy Crest is supporting small dairy farmers, reducing its impact on the environment and introducing measures to improve the health of its staff and customers. This saves money and supports the sustainability of the industry.

- See more at: hxxp://www.bitc.org.uk/our-resources/case-studies/dairy-crest-if-we-can-do-it-anyone-can#sthash.RQGwIkvm.dpuf