Anpario Share Discussion Threads

[cfro] 30/5/2023 17:38

I am as surprised as you. At today's price the dividend yield is now 6.1% which is extraordinary. Somebody please correct me if so but as far as i am aware this company hasn't had metrics this favourable ever in it's history.

Since the trading statement at the turn of the year and the subsequent results the fall has been steep and yet revenues were only down by a measly 1%. Mental when you think about it..

[partridge1948] 30/5/2023 13:45

Held for many years and never thought it would become an income stock. Tempted to try to catch the falling knife, but will wait for AGM statement.

[earwacks] 28/5/2023 11:41

Not question of missing anything. The profit drop was largely due to poor trade in Europe and inflation in food prices.Richard Edwards was confident that this was a short term hit, but the recovery may take longer than initially thought. The other problem is companies with cap below 100 million seem to suffer bigger sell off than others. Strong balance sheet and increased dividend prove that this is a very good and well managed company. As often said directors do not direct the share price , they direct the company, its speculators who direct share prices.will be a difficult year for sure.

[igoe104] 26/5/2023 18:17

I would like to think logistics inflation has improved since the last results, shipping costs and desiel have dropped significantly, supply chains have surely improved surely especially with China reopening. Id like to think the worst is certainly behind us, or am I missing something?

[igoe104] 26/5/2023 16:58

£5 to £1.83 so far this year, very painful indeed.

[keyno] 26/5/2023 16:33

Ten year low by the looks of it. I might as well have just thrown my money down the nearest drain. Quicker too.

[cerrito] 24/5/2023 17:07

This decline today gives Shore Capital the chance to show it csn succeed

[arthur_lame_stocks] 22/5/2023 17:40

Anybody else think Richard Edwards is overpaid?

[cfro] 22/5/2023 16:05

The director disclosures RNS from Friday: i am not sure i understand why the relevance of that now.
Karen Prior goes way back to 2009 and with Kate leaving anyway i don't think any of us are worried that her middle name is "Adie" (although i have to say it did make me smile and all that).

[earwacks] 22/5/2023 15:32

Way too cheap and oversold, like many. Unfortunately no spare cash at the moment

[cerrito] 16/5/2023 16:31

Not sure if the weakness today had anything to do with the gloomy news Genus had thid morning ref China.
China was 13pc of ANP sales last year and I note their comments that ANP are concentrating on the feed mill sector and they have poultry so not a complete read across.

[cerrito] 12/5/2023 18:10

Thanks for that igoe104.
I note written by an ANP person but I guess fair enough.
I see that there were 47 share trades today-none of them big-and surprised there were so many.
I guess the recent strength of the £ is a bit of a downer here.

[igoe104] 10/5/2023 18:23

Good writeup here.

[cerrito] 09/5/2023 15:31

Yes it will be good to get a Chair with industry knowledge and ideally the international expertise needed.
That said not sure if I see the need for a change of strategy though I guess using it's cash to make an acquisition could allow it to bulk up its international marketing.
It does not have an activist shareholder register with the Employees Trust the largest shareholder and the only major holder who can and does make waves Gresham House at 5pc.

[cfro] 05/5/2023 07:28

Kate Allum stepping down then due to family commitments.

That's a shame but hopefully they can find a new non-exec Chair person replacement with equal experience and the relevant industry knowledge. (Finding the right candidate here might make a big difference).

[earwacks] 03/5/2023 14:20

58 million market cap for a company with 33 million revenue, 13 million cash and 4.5 dividend . Sounds good to me. I guess it depends on whether revenue and profit decline much further

[triskelion] 01/5/2023 16:58

This may be off track as I've only glanced at the following but I wonder if any coming kickback against

Genetic Technology (Precision Breeding) Act 2023


could serve to benefit ANP in the mid to long term? From a note on the law when a Bill:



"....Specifically, the bill seeks to ensure that plants, animals, and food and feed products developed using precision breeding technologies—in other words those modified using specified technological methods such as gene editing to replicate changes which can occur naturally—are regulated “proportionately to risk”. Consequently, its provisions would remove these products from the regulatory system for genetically modified organisms (GMOs) in favour of a new regime....."

IMO it's an abomination to have effectively GMO materials sold without disclosure of status.

"...as gene editing to replicate changes which can occur naturally..." - that implies a great deal of trust in the system is going to be necessary...?

[earwacks] 21/4/2023 10:06

Great and thoroughly deserved award. I was quite taken by surprise at the low staff count for a global company. Obviously very efficient. It is going to be a tough year ahead, but should think the share price is underpinned by strong balance sheet. It was a strange reaction by the market to a 1% drop in revenue. Obviously profits have been hit by energy and rising prices like every company. Longer term this should balance out, although not looking forward to next set of figures. Possibly what concerned the market which cant see past the end of its nose at the moment

[cerrito] 21/4/2023 08:37

What struck me most from the RNS was that they only had 120 employees including those in the recently established overseas sales units.

[cfro] 21/4/2023 07:17

A great achievement, very well done to the management team and all the employees..

[cerrito] 17/4/2023 16:37

No real surprise that the share price took a breather today after it's sharp rise of the last few days and others like me took some profits from their sub 200p purchases.
Even after the small amount I sold today it is now my 6th biggest holding.
I foresee that the share price will meander round where it is today and I will rather go back to sleep here.

[earwacks] 11/4/2023 23:00

I think that is exactly the point ‘scope for outperformance.̵7; That’s with or without a recovery in the European market. With the many problems of the last year, food production will need to be stepped up whether that happens in Europe or not. They have indicated a stronger performance to be expected in the second half. Increasing the dividend also shows confidence.

[rp19] 11/4/2023 19:30

I share a similar view, a share price of £2.24 puts it on a PE of around 18 based on next year's projected earnings. I don't think that is particularly cheap but of course there may be scope for outperformance. Also, if it just a couple of less profitable years and then back to circa 20p EPS then it is going to be very good value at current levels.

[bottomfisher] 11/4/2023 16:54

Surely the main reason for the recent sharp drop in the share price is the dramatic reduction in brokers EPS forecasts. According to the latest Investor Chronicle, Anpario's forecast eps for the current financial year has been reduced from 22.2p three months ago, to 17.9p a month ago, and now 11.1p. The following year the company is forecast to earn 12.6p. Given that ANP was earning over 20p a share a few years ago, the downgrading in the company's share rating is understandable.

The latest share purchase by the chief executive is welcome but remember that he raised over £700,000 two years ago by selling 125,000 shares (over half his stake) at £5.80.