Pz Cussons Share Discussion Threads

[zcaprd7] 09/2/2016 22:26

I like the way they top up their Nigerian subsidiary % ownership when the market and currency allows..

[eastbourne1982] 02/2/2016 18:54

The price is up around 10% since Questor advised to sell, no surprise there then !!

[philanderer] 29/1/2016 09:56

29th jan Numis hold tp 262p cut from 282p

[philanderer] 28/1/2016 13:23

28th jan Goldmans buy tp 315p cut from 350p

[adamb1978] 27/1/2016 10:17

100% agree Toffeeman

[toffeeman] 27/1/2016 10:07

PZC is one of the few multinational consumer products companies with reasonably strong brands and a market cap of around £1bn (find me another and I'll invest there too!) - so there is lots of room for growth (have a look at RB's market cap) and the potential for a bigger company to take it out.

[philanderer] 27/1/2016 09:01

27th jan JP Morgan 'neutral' tp 330p cut from 390p

[adamb1978] 27/1/2016 08:25

Agree Eastbourne and I also bought into these a few weeks ago. This isn't a company which is going to regularly make you 30%-50% in a year however they have strong brands, been in existence for decades, increased the dividend even in downturns and operate in very defensive markets. Therefore as a low risk investment which should grow at over GDP rates due to emerging market positions, supplemented by a reasonable and reliable dividend, its a steady bet

[eastbourne1982] 26/1/2016 22:50

Questor often tell you to sell after a share has tanked, seems a pretty pointless entity to me (Questor), that Ficenic chap often appears totally clueless.

I bought these a few weeks ago around the £2.70 mark and will be holding medium / long term.

I think the fall was overdone as trading seems OK on a constant currency basis and the Nigeria situation has been ongoing for years, I thought all of this was pretty well flagged hence why I can't really understand the fall. The problem is the markets at the moment, any update that isn't fantastic seems to be the prelude to a hefty share price fall.

Worth noting that the price today is about the lowest it's been in 6 / 7 years.

[gateside] 26/1/2016 22:17

Well if Questor says Sell. Then I will be buying some more.
They can't even get their Geography right. Australia is in Oceania and not Asia.

[philanderer] 26/1/2016 20:27

Telegraph:

Questor share tip: Sell PZ Cussons as debt levels jump

The FTSE 250 listed consumer products company has expanded rapidly in Australia leaving the balance sheet looking exposed, says Questor

PZ Cussons
249.3p -24.3p

Questor says SELL

[jimmywilson612] 26/1/2016 13:45

Why has Net Debt increased by £60M in a year?

[philanderer] 26/1/2016 13:06

Averaged down for a few @ 245p


'PZ Cussons a 'buy' after solid first half, says Investec'

[adamb1978] 26/1/2016 11:38

Can partly understand the drop, however the defensiveness of the sector and long-term track record of the company should mean that if/when the economy eventually does turn south (which it obviously will do at some point) then PZC shouldn't drop anywhere near as much as most companies. People wont stop buying soap.

I hold in my SIPP and LTBH part of my ISA as a buy and forget about company. 42 years of dividend increases gives a lot of comfort.

[toffeeman] 26/1/2016 09:46

Poor results

[gymratt] 26/1/2016 09:37

Blimey! Why the drop?

[philanderer] 26/1/2016 09:36

LOL ....., got their clients out ?

[toffeeman] 26/1/2016 08:33

Good old Cannacord!

[philanderer] 22/1/2016 14:04

Canaccord 'buy' tp 345p

reiterates

[dvb99] 15/12/2015 15:09

I've now taken an initial stake at 269p

[philanderer] 11/12/2015 09:28

Small buy @ 274p this morning for me.


11th dec Numis hold tp 282p

[gateside] 10/12/2015 19:46

Seems a bit of an over reaction. Will look at adding to my holding in PZC at these prices

[philanderer] 10/12/2015 18:00

Finger still hovering on the buy button.

FTSE 250 - Fallers

Investec (INVP) 469.90p -11.09%
PZ Cussons (PZC) 280.40p -8.31%
Ocado Group (OCDO) 337.60p -6.01%
Brown (N.) Group (BWNG) 323.60p -5.93%
Dignity (DTY) 2,303.00p -4.40%
Serco Group (SRP) 101.00p -4.17%
Provident Financial (PFG) 3,358.00p -3.97%
International Personal Finance (IPF) 324.90p -3.96%
Vedanta Resources (VED) 310.30p -3.03%
Redefine International (RDI) 50.20p -3.00%