ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

POWR Powerflute Di

90.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Powerflute Di LSE:POWR London Ordinary Share FI0009015291 SHS NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 90.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 90.00 GBX

Powerflute Di (POWR) Latest News

Real-Time news about Powerflute Di (London Stock Exchange): 0 recent articles

Powerflute Di (POWR) Discussions and Chat

Powerflute Di Forums and Chat

Date Time Title Posts
14/11/201608:03Powerflute - Nothing to do with power or indeed flutes!475

Add a New Thread

Powerflute Di (POWR) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Powerflute Di (POWR) Top Chat Posts

Top Posts
Posted at 20/9/2016 09:07 by sharw
The next stage is the publication of the formal document. You will then be asked to accept or not. If you accept and the offer is declared wholly unconditional then you will receive the 90p/share automatically.

The risk of it not going through is less than usual in this case as they already have 51% irrevocable undertakings to accept and questions of competition are unlikely.
Posted at 20/9/2016 08:43 by commiesy
I have never been in this situation - what will happen now?If I hold till completion of this takeover, will my stockbroker automatically settle this at 90p once complete?I assume there is still some risk here - the takeover could fall flat for some reason and then price will retrace somewhat?
Posted at 02/9/2016 15:11 by moorsie2
Very good news for Corenso...

BRUSSELS, 2 September 2016 (Globe Newswire) - Sonoco-Alcore S.a.r.l. today announced it will raise prices for paper-based tubes and cores by up to 8 percent, depending on product category, to all customers in Europe, effective from shipments beginning on October 1, 2016.

"The increase follows a recent rise in coreboard prices across Europe driven predominantly by higher raw material costs," said Karsten Kemmerling, Director of Sales and Marketing - Tubes and Cores, Europe. "We continue to do all we can to maintain tight cost control, but with coreboard a dominant part of our cost, we are unable to offset recent price increases."

Sonoco Alcore S.a.r.l. is wholly-owned by Sonoco and operates 29 tubes and cores plants and five paperboard mills in Europe
Posted at 01/9/2016 15:09 by hopeful holder
The selling of 1 million shares is not helping. Good to see the price has held well with this backdrop.
Posted at 16/8/2016 12:22 by boonkoh
The market is still very challenging, with forward order book prices in packaging for H2 still showing more margin pressure. But the self help measures, operationally and also with lower financing interest, should mitigate and keep POWR with a good net profit and cash flow for this year. One to buy if you believe there will be a turnaround in pricing next year. In the meantime, a sound balance sheet, cash flow, and divs.
Posted at 16/8/2016 11:58 by lanzarote666
This seems to have been marked down to a cheap price based on the May announcement of a more challenging H2, but today's statement appears more optimistic.

'we expect to make further progress with operational improvement initiatives in both Coreboard and Cores and Packaging Papers and expect that the Group will continue to perform well for the remainder of the year.'

Add in a 2% currency benefit and lower finance cost on renegotiated debt and there is enough for me to take an interest.

Numis have retained their 105p target after today's news.

8-)
Posted at 12/8/2016 14:53 by commiesy
POWR has had a disappointing run recently that I don't understand. Their fundamentals haven't changed much - it's a sold business that is well run and has been growing. Nothing in the fundamentals has changed by the market has fallen out of love with this share. I hope that the next set of results are a catalyst for renewed interest, if not it could well continue to stagnate...Any thoughts?
Posted at 28/6/2016 20:19 by sharw
What a difference a broker makes! I also hold POWR with another broker and although a couple of days later they have had the decency to send me an explanatory note which says inter alia "Please note the proceeds of the Return of Capital has been taxed at 30 percent withholding tax".
Posted at 29/4/2016 12:03 by gorilla36
Shakey - I would hope not, but for the moment the chart does not look very encouraging. Fundamentals here are good, but as I have found to my cost before, there can still be a disconnect with the share price.
Posted at 28/4/2016 16:31 by 78paul
hi im a POWR shareholder.

the acquisition that this company made last year has transformed them into a cash cow. I dont have the figures to hand but Free Cash Flow in the last set of accounts was very very high, enough to pay off all debt in a couple of years so they could be completely debt-free with a great balance sheet, then after that i predict a hike in dividends, special dividends and/or share buy-backs.

i also predict the next set of accounts to show a greatly strengthened balance sheet which is what the markets like to see. the share price currently could trickle down further but this only presents a buying opportunity.

all in my humble opinion of course !
Powerflute Di share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock