Reckitt Benckiser Share Discussion Threads

[grahamburn] 23/4/2013 17:49

frontrun. Why are you posting the same three extracts on so many different boards? Come across you twice in the past five minutes!

[frontrun] 23/4/2013 17:09

Barclays' Sarin: Stocks Could Be Next to Drop After Gold Plunge
23 Apr 2013

Following the recent dramatic drop in gold prices, stocks may be next to plunge, warns Dhiren Sarin, chief technical strategist at Barclays, as the plunge in gold prices is a sign that markets have lost faith in central banks' quantitative easing efforts.

"The breakdown in gold, in euros and U.S. dollars, tells us that some of the belief in quantitative easing measures has faded, and policies by central banks aren't flowing through to investors," Sarin told CNBC. "The asset class most vulnerable for a selloff after commodities is likely equities."

[frontrun] 23/4/2013 16:58

Don't think its in anyones interest to ramp/deramp, nor does it make a difference on these shores. Bubble is clearly evident. Brokers are known to ramp. Average broker high/low sits at circa £34.

Canaccord Genuity has a target of 4,100p after a decent first quarter, but has kept its 'sell' rating for the stock.

Can't see it reaching £17, but £30-£34 is more then achievable.
Consumer spending virtually gone with pressure on disposable income.



Billionaires Dumping Stocks, Economist Knows Why
06 Feb 2013

Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.

Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of "disappointing performance" in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.

In the latest filing for Buffett's holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced his overall stake in "consumer product stocks" by 21%. Berkshire Hathaway also sold its entire stake in California-based computer parts supplier Intel.

Unfortunately Buffett isn't alone.

Fellow billionaire John Paulson, who made a fortune betting on the subprime mortgage meltdown, is clearing out of U.S. stocks too. During the second quarter of the year, Paulson's hedge fund, Paulson & Co., dumped 14 million shares of JPMorgan Chase. The fund also dumped its entire position in discount retailer Family Dollar and consumer-goods maker Sara Lee.

Finally, billionaire George Soros recently sold nearly all of his bank stocks, including shares of JPMorgan Chase, Citigroup, and Goldman Sachs. Between the three banks, Soros sold more than a million shares.

So why are these billionaires dumping their shares of U.S. companies?

It's very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%.

[agai] 22/4/2013 23:06

Excluding ramps, and "one off" higher incidence of flu, should see it towards £17/£31 mark. Value £17 deramp, value £47 ramp! agai

[spacecake] 22/4/2013 07:49

Yes, good news for full year targets ...

The Q1 2013 results position the Group well to achieve its FY 2013 financial targets despite continued challenging market conditions.
For the Group excluding RBP, the target is for total net revenue growth of +5-6% at constant rates. We also expect to maintain operating margins* (ex RBP) as we invest behind brand equity building initiatives.
*Adjusted to exclude the impact of exceptional items

[gbb483] 22/4/2013 07:37

Good Q1 report, should see the derampers piling in.

[gbb483] 19/4/2013 18:44

It's the price he needs for his short to show a profit.

[grahamburn] 19/4/2013 17:46

Shouldn't really encourage you, but......

How do work out a value of £17?

[agai] 19/4/2013 16:12

Worth £17, trading at £47, manipulate to the max! was £32 circa 12 months ago.lol
Watch out for the straight line fall
agai

[frontrun] 15/4/2013 21:57

Precisely!
Dow crashed tonight. Running out of hot air.
Price correction due. R.I.P

[agai] 15/4/2013 19:00

Many more brokers pump and dump come to mind, with stupendous targets.
FRES, VED, POG, KAZ STAN, RSA etc!!
Will wait technical point at £31.09
agai

[agai] 15/4/2013 18:53

Bargain hunters...do bargain hunters hunt at the top?..lol!
Giddy valuations. Sub £30 price correction target.

Looked at recent broker valuations on RRS, bubbled picture like RB comes to mind!
Its down nearly another 9% today, thats HALF some of the recent broker targets!!

RRS £45 today and recent broker targets:
7th feb Citigroup neutral tp 6830p
5th feb Liberum buy -
5th feb Deutsche Bank buy tp 7360p
5th feb BOAMerrill buy tp 8500p
5th feb Soc Gen buy tp 8000p
4th feb Canaccord buy tp 8300p
4th feb Prime Markets buy -
4th feb SBG buy tp 6500p

agai

[gbb483] 10/4/2013 08:54

Looks like the 'end of the tax year' CGT sellers have been and gone. Now the bargain hunters are piling in.

[citymohawk] 05/4/2013 22:58

It's not about the Dow nor technicals. It's about participants trading a market which they think they understand and the market reflecting that irrationalilty in the price. I don't recall my figures but I believe my calculations showed a 2013 yr end gain of 10%.

I still think we have some upside left. Maybe one more rebound if I'm lucky to get in again but ... Ultimately it'll be around the 4000 in 2013. Sept/Oct will determine the acceptable levels for RB which I hope to see it end the yr at (guess) 42-4300.

[agai] 05/4/2013 17:53

Don't think that 50 was ever going to happen to be honest citymohawk. The bubble was evident to many, but carried on, on bubbled commentary till today!
Now they're talking of a price correction.
Still think technically its heading for a retest at 30.17/31.09
agai



5 April 2013

U.S. stocks fell sharply on Friday, with equities in position for their worst week this year, after the government said the economy added far fewer jobs than forecast in March, clarifying the view of an economic soft patch.

"Welcome back to tempered expectations. We don't think the wheels have fallen off the economy, but we don't think it ever had the momentum that some people believed," said Bruce McCain, chief investment strategist at Key Private Bank in Cleveland.

"That's what makes for market corrections," he added.

[arja] 05/4/2013 12:03

yes, RB hammered today but few stocks have not been. Dow sneezes and we catch the flu as always !

[agai] 05/4/2013 11:37

Purely looking to sell based on an over bubbled market price! At these prices they can fund what they want..lol!!
Anticipating a price correction into the lower £30's.
Technically, its hit circa £30.17/£31.09 several times prior to this bubble, possible targets now to deflate this bubble.
agai


"German investment group Joh A. Benckiser - led by former Reckitt boss Bart Becht - could sell part of its 10.7% to help fund a bid for coffee group D.E. Master Blenders. The market is anticipating that JAB could sell some more of its stake in Reckitt. However if they go below 10%, they may lose board representation and that is a consideration. In May, JAB sold £1.2bn worth of shares, cutting its stake from around 15%"

[citymohawk] 03/4/2013 17:18

Now 5000 short on RB. Will be adding another 1000 on tomorrows peak and then at £50.00 should it hit.

[citymohawk] 03/4/2013 12:12

Just added to my shorts and will continue doing so should this go to 50+.

[gbb483] 03/4/2013 11:00

Onwards and upwards!

[stever4747] 03/4/2013 08:53

its fab but ULVR has more scope

[gbb483] 02/4/2013 21:45

1 step down, 3 steps up - long may it repeat!

[stever4747] 02/4/2013 09:42

Migrate to short run better return:
ULVR
Q1 FINAL RESULTS:
Global volume up 3.2% and 2.9% on fully adjusted like for like basis (strips disposals and aquisitions etc.)
Prices up on sales out 2.8% seen ahead of expectation
GSV growth (gross sales value) up 6% and 5.7% fully adjusted like for like

All results compare Q1 2012 VS Q1 2013

BBTOT - spend down 92 basis points and 90 basis points fully adjusted

Underlying sales growth (turnover) 6.92% ahead - 6.72% adjusted

Cash margin growth up 7.5% due to mix migration to non food, non food growth especially emerging markets

GP% up 90 basis points on this leverage and on supply chain cost reductions and efficiencies some 32 basis points.

The result caterpolts ULVR and is industry leading

[miata] 30/3/2013 08:44

German investment group Joh A. Benckiser - led by former Reckitt boss Bart Becht - could sell part of its 10.7% to help fund a bid for coffee group D.E. Master Blenders. The market is anticipating that JAB could sell some more of its stake in Reckitt. However if they go below 10%, they may lose board representation and that is a consideration. In May, JAB sold £1.2bn worth of shares, cutting its stake from around 15%.