|William Sinclair Holdings
||EPS - Basic
||Market Cap (m)
|Household Goods & Home Construction
|jbfnfn: Is this good or bad for the share price?
From Horticulture Week 2nd June.
Sinclair redundancies as centralising starts at Ellesmere Port
2 June 2015, by Matthew Appleby,
William Sinclair Horticulture is closing plants to relocate at its new £50m base in Cheshire, with almost 100 job losses proposed.
Some 74 jobs will be lost at Lincoln (across two sites) plus nine at Bolton Fell, three at Astley Moss and 20 at Ellesmere Port.
... a 45 day consultation started on 1 June.|
|caveat_emptor: First sensible commentary I have heard.|
|emeraldzebra: Hi again Eezy. Am told that news on Natural England is expected ''shortly'' but that even if it is positive - still unlikely to stem further erosion in the Share price. Sorry to be bearer of bad tidings - but we are getting used to it on this one !|
|drewz: People are skint.
Housing (and energy) costs still hugely inflated.
Investment returns and savings horribly depressed.
There could be another couple of years yet of these dire economic headwinds if uropean policy makers can't get their act together.
All in all a woeful outlook for SNCL, despite their strong market position, so I expect support for the share price back down around 110p.|
|yump: You could say that for any stock or all stocks at the moment if there's a widespread sell-off, but its particularly irrelevant to this one as the share price movements have not coincided with Euro crisis moments.
You may as well say your portfolio will drop by 30% overall in the forthcoming sell-off and assume that all the work by all the companies will be undone.
If there's a sell-off of course.|
|18bt: What's firing the share price?|
|yump: I think you'll find that the share price rise in October last up to the current level was related to the trading update.
The rise above 200p was related to the interims.
Neither was built on anything to do with the Bolton Fell compensation, 9mln of which is sitting on the balance sheet and has not been posted to the p&l account (which would inflate profit figures artificially). Without even taking the 9mln into account the company is not highly rated, considering its growth and being at the forefront of peat-substitute technology.
If the announcement re Bolton Fell has shaken out some holders, I'm afraid its for entirely the wrong reasons. The company is growing nicely by itself.|
|3800: Hi Jonut good to hear sales are going well although i feel that todays reversal in the share price is more to do with the delays over payment from Natural england. I do know you are into the pharma stocks FUM has a good rise today (forgive the pun)after this news http://www.myfoxdfw.com/dpp/news/consumer/04202011-British-Condom-Design-Promises-Boost-in-the-Bedroom do you think it's now all in the price?
|yump: I never thought peat would be exciting when I bought into these years ago - or rather, lack of peat. Could prove very interesting this - cheap waste input materials and an essential output material.
Now all we need is for someone to turn spam emails into an efficient heat source and we're made. Alchemy is alive and well ;-)
I really hope this generates lots of good press, if not for the share price, at least for good old industrial innovation that isn't hooked up to a PC.|
|jakleeds: William Sinclair is one of the UK's leading producers of commercial horticulture and branded garden products. The company provides peat and fertiliser products to the retail and commercial sectors.
Although the company has a patchy track record, I believe the foundations are in place for a strong recovery, and the share price has begun to show signs of strength.
The following is what attracted me to the co:
PEG of under 0.4
Div yield of about 3.5%
PSR of 0.35
Last year they lost a contract to supply Wyevale Garden Centres when Wyevale was bought out, but they have since signed a new contract with them.
The co's sales and profits are heavily reliant on the summer weather being favourable, and I have read that this summer is going to be the hottest since records began.
They are launching new products and have been streamlining their ops, which will enhance profits.
The company owns 11 freehold properties
Directors bought, albeit small amounts, a few months ago.
Gartmore have been adding and now hold over 10% of the co.
I believe the shares have the potential to double on a 12 month view. Here is the link to their last set of results, which are worth a read imo:
William Sinclair share price data is direct from the London Stock Exchange