Anpario Share Discussion Threads

[battlebus2] 07/2/2013 15:11

Added a few more since the update, i'm expecting a decent run up to the results in April.

[tailgunner2] 04/2/2013 05:28

Yes, it is v. Frustrating....but have no wurries regarding this company.... All is good..... No doubt the snakey gits will try more of same in April.... But I'll just play them at own game.... I have substantial funds due in march, so I'll be topping up then.......

[battlebus2] 02/2/2013 18:43

I agree spekky to me it was a good sign they dropped the price on no volume as i said it was time to top up. Looking forward to results and as you say we are looking to use the cash with another earnings enhancing acquisition. All good to me.

[spekky] 02/2/2013 18:29

tg2

It's frustrating I know,but I think the detail in April will show some great progress in China,the cash is way ahead of what I was thinking AND still time for an acquisition before then.We need to find the American version of Meriden.

[battlebus2] 01/2/2013 17:33

Back to near the highs, well done if you bought on the dip.

[stegrego] 01/2/2013 12:49

Things looking well on track and very happy to keep holding here, or adding should the market have a bit of a tizz.

[valhamos] 01/2/2013 08:48

Pleased to see Meriden is performing in line with forecasts. The growth estimate for this year is key. With 10.60 eps for last year confirmed, the existing 11.2p forecast for 2013 is merely including the full year for the Meriden acquisition. This forecast, and consequently the share price, will be driven higher by any meaningful organic growth expected for this year.

[glasshalfull] 01/2/2013 07:50

Pop my bubble why don't you WJ ;-)

I was looking through the accounts when your post dropped through...£1.125m deferred consideration payable over next 2 years & I suspect you are right...as usual.


Regards,
GHF

[wjccghcc] 01/2/2013 07:43

I suspect the net cash excludes the 920k contingent consideration. Still good though.

[glasshalfull] 01/2/2013 07:38

Well, it would appear the net cash at year end is almost £1m ahead of forecasts!!!

They had been forecast to have £2.8m per FinnCap & instead indicate £3.7m net cash, therefore fantastic cash generation during H2.

To reiterate, Market cap only £25m for this cash generative stock focused on growth niche who are forecast to have achieved £2.7m PBT for 2012 or c. 10.6p EPS & grown c. 20% last year....with £3.7m net cash on the b/s.

Great value.

Regards,
GHF

[battlebus2] 01/2/2013 07:34

Yes i thought the same, looking forward to a decent set of results now.

[spekky] 01/2/2013 07:22

Yes,the cash position is excellent.I just wish they would come across better from a PR perspective.They have not given much detail.Strangely........it's that understatement that I admire. :-)

[battlebus2] 01/2/2013 07:09

A good update this morning.

Anpario plc, the international supplier of natural high performance feed additives to enhance health, growth and sustainability in agriculture and aquaculture is providing a performance update prior to entering its close period.


The Company expects to report a successful year to 31 December 2012 with EBITDA and profit after tax in line with market expectations.


The results will reflect nine months post acquisition performance of Meriden Animal Health Limited which is performing in line with forecasts.


2013 has started well and the Group continues to target organic growth and strategic investment activity in key export markets.


The balance sheet remains strong and debt free with cash balances of GBP3.7m at the year end.

[battlebus2] 22/1/2013 21:34

I'd say it's a good time to buy if your looking in.

[glasshalfull] 22/1/2013 21:23

I've been top slicing a few stocks...but have left my ANP intact, as I think it has an outstanding future & I'm certainly no trader to time the vagaries of the market. Reckon we are just witnessing some healthy selling on the back of the meteoric rise. No harm in a few locking in profits.

Regards,
GHF

@glasshalfull1 on Twitter

[battlebus2] 22/1/2013 16:56

Just wait for the update and don't panic sell as they want stock before the rise imv.

[davydoo] 22/1/2013 14:32

Mr Market. Learn to love him.

[battlebus2] 21/1/2013 15:58

Update last year on the 2nd February so just over a week :)

[spekky] 18/1/2013 19:34

Yes indeed,hopefully there will be enough in the update to make that look cheap.

[battlebus2] 18/1/2013 16:14

Spekky your 150 looks very close now :))