Merrydown Share Discussion Threads

[gateside] 29/11/2003 17:14

No-one interested in this share... I'm very supprised.
Take a look at the long term chart below, there is plenty more upside to come IMHO.
The UK soft drinks market will continue to grow and Shloer is growing even faster. There is always the chance that they could get bought out by one of the big boys, such as S & N.

[gateside] 29/11/2003 09:06

Final Results announced 8/6/2004

"Yet another year of strong and profitable growth"

Highlights
* Group turnover increased by 20% to #20.33m (2003: #16.89m*)
* Shloer turnover up 30% to #13.96m (2003: #10.75m*)
* Shloer further consolidated as the Number 1 Table Top Adult Soft Drink
* Merrydown Vintage turnover up 10%; overall cider turnover up 4% to #6.37 (2003: #6.14m*)
* Profit before tax up 26% to #1.72m (2003: #1.37m)
* Basic EPS up 33% at 5.51p per share (2003: 4.15p)
* Dividend increased by 29% to 1.35p per share (2003: 1.05p)
* Net cash increased by 38% to #3.52m (2003: #2.55m) after share buybacks
costing #0.84m

[barnetpeter] 26/11/2003 18:27

Dont know what to make of these. The mm's were clearly impressed as they marked the price up early. But then nothing much happened.

[gateside] 26/11/2003 18:02

Here is the link to the interim results



Excellent results.. very supprised that there was so little trading in MYW today.

Maybe some press comment tomorrow will bring some buyers out of the woodwork.

[gateside] 26/11/2003 17:59

LONDON (AFX) - Merrydown PLC said it cut its first half losses due to an
exceptional performance from Shloer and encouraging signs from Cider.
Chief executive Nigel Freer said: "This is an excellent first half result
and, since the half year-end, the group has continued to perform in line with
expectations.
"Marketing plans are in place for the Christmas period and we remain
confident of a satisfactory outcome for the year as a whole."
He said the full year results will be strongly influenced by Christmas
trading.
"In addition, the second half of the year will see the full impact of
anticipated pensions and other cost pressures."
Group sales rose by 17 pct to 9.68 mln from 8.29 mln, with Shloer turnover
increasing by 29 pct, led by exceptionally strong summer performance.
Cider's turnover increased by 1 pct, an improvement for the first time since
1998.
Pretax loss was 75,000 stg compared with a loss of 428,000 before. Loss per
share was 0.23 pence, against a restated loss 1.19 pence.Net cash at Sept 30 was
1.68 mln stg, against 0.78 mln previously.
The company's share buyback programme is continues, it added.
[e-mail]
ra

[gateside] 25/11/2003 21:07

Looking forward (hopefully) to some good news in the morning.
Lets hope it's a 'Merry' day ;-)

[gateside] 18/11/2003 09:04

GSands Yep still read this bb and eagerly awaiting results due next week.

Chart looks oversold.

I like shares like this that seem to do their own thing and stay stable on days like yesterday when most shares were down. For the most part Merrydown will go up and down on its own merit and does not act like a lemming to the market. A good stock to hold when the market is feeling nervous.

[barnetpeter] 18/11/2003 00:43

I'm still awake. No is the answer. But then Merry is awaiting the results and will ignore markets til then.

[gsands] 18/11/2003 00:38

Does anyone read this thread anymore?

[gsands] 12/11/2003 11:22

I notice they have recently bought some of their own shares for cancellation.

Do you think they are likely to continue with this policy?

[gsands] 12/11/2003 11:12

Is it safe to assume that after a very hot summer the figures for MYW ought to be very good?

[gateside] 10/11/2003 14:44

With an RSI of just 20, this is beginning to look very oversold.

[gateside] 10/11/2003 14:42

With results due two weeks from wednesday, it will be interesting to see if we get any T-10 trades this week.

[gateside] 04/11/2003 23:08

The MACD is now positive.

Almost a Golden Cross... signals looking very strong

[gateside] 04/11/2003 23:03

Merrydown is beginning to look very interesting. MACD about to go positive. I feel that very soon the bottle will be opened and ther will be lots of fizz!!

[gateside] 10/10/2003 16:51

Eventually got the company report, and it suggests to me that there is a lot more potential growth here.

Been very quiet of late, very few trades with buys similar to sells. Would expect there to be more activity in the run up to results in November.

[gateside] 23/9/2003 22:17

I have been trying to download the latest Annual report from Merrydown's website with no success, has any one else had this problem?

I have tried to get a copy from Meryydown through the post, but they have not responded to my emails, and when I telephoned them just got an answering machine, from which no-one contavted me back.

Are they always this difficult to correspond with?

[wlfc1] 17/9/2003 13:15

anyone looking for a company with huge upside next week, then take a look at AHT agm next week and three major contracts to be

worth a look

[barnetpeter] 11/9/2003 18:57

See todays RNS. They have bought 50,000 at 74p. They havn't done so because they think the shares are expensive! Time to start to accumulate again.

[barnetpeter] 10/9/2003 17:58

Your point is....?

[baom] 10/9/2003 15:56

barnetpeter
"Have to admit sold Merrydown at 84p (right at the top) for a stonking profit"
REally!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1???????

[barnetpeter] 09/9/2003 22:24

Have to admit sold Merrydown at 84p (right at the top) for a stonking profit. Still like the company and still note Schloer every time I go into a supermarket (lol!). Looks like it is still selling very well. I am a trader by nature so hoping it would fall back to around 68p pre-results. Doesn't like likely so will have to think about climbing back aboard soon.

I am looking around for under valued stocks nowadays as I think most of the known ones are fully priced nowadays. MEF looks cheap on any valuation. Any half decent management could make a profit on a 50 million turnover when most of the cash is paid up front. Justin Timberlake is THE biggest act at the moment in the world. Don't really know why apart from the Britney connection but I do know his concert tickets will sell well. Good timing too. Ticket receipts from his tours will exceed the market cap of MEF. His turnover from records, tickets and products will be not far off £100 million this year (like to have shares in HIM!). No wonder young people want to be a popstar

[gateside] 09/9/2003 21:45

barnetpeter

Are you still still interested in MYW now that they have drifted down?

They are beginning to look very oversold. Don't hold at present.

I saw that you suggest MEF over on the FAR2 thread, looks like they have great potential

[barnetpeter] 24/7/2003 19:41

No interest. Yawn. This is NOT a telecom or IT company. It makes money. Boring.Dull. Ignore it.

ps - Doesn't that chart above show the price hitting new highs day in, day out? I must be making loads then? Surely not. No interest. Yawn.