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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Bakkavor Group Plc | BAKK | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -4.00 | -3.25% | 119.00 | 14:36:11 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 116.50 | 116.50 | 119.50 | 123.00 |
| Industry Sector |
|---|
| FOOD PRODUCERS |
| Top Posts |
|---|
Posted at 26/1/2024 19:46 by johnsoho Very nice write-up in the 26 January 2024 Investors’ Chronicle, which to summarise its trading update states that increased efficiencies and cost synergies are ahead of expectations. Looks like an undervalued company to me and I wouldn’t be surprised if the share price doubled in the next year or so. As always, time will tell. |
Posted at 10/4/2020 20:43 by threadworm Interesting, 1224saj!!No shaky, 'secret' film ever looks good. However....lets take the heat out of it and look at the facts: He clearly stated several things that aren't especially a problem, in my view: 1) He reiterates and urges that if anyone is unwell, or if anyone in the family is unwell, to stay at home and to fully recover. That's a good thing and is responsible management. 2) He strongly urges anyone who IS in good health to TURN UP and get to work! That's also not a bad thing. They are after all supplying an essential: food!....not something that is expendable and unnecessary. 3) He tells everyone that IF (IF), going forwards, he is in the, quote "unfortunate" position to lay anyone off, he will naturally be inclined to choose those workers who WERE in good health but failed to show up. Again that seems fair enough to me. If cuts were being made to the workforce and I had a history of not showing up when I knew I could, I'd expect to be released ahead of those who did show up. 4) He reiterated the need for everyone to wear face masks and gloves at all times and tells the workforce where they can be found on site. That's responsible, in my view. If we take the opposite to the above, it would read like this: 'If you're unwell with covid, I don't care, turn up to work anyway. If I have to make cuts, I'll fire the healthy workers who have historically given me the best service. Oh, and don't bother wearing any face masks and gloves'. Anyway, from what I understand, Bakkavor are not planning on laying anyone off from this plant. The only thing that was off, was his tone. From an investment point of view, this news report may have actually highlighted an oversold company to further investors. And if sentiment is hit in the near term there will surely be a cracking buying opportunity on top of the collapse in share price that we've already seen. As I said.....this company is a supplier of good quality food, with a >£1B turnover supplying an essential service at a time of great need. Needless to say, I would be more concerned if they were supplying cotton floral bonnets for Easter. Reading between the lines, we can at least deduce one very encouraging thing: the company is clearly doing business with sizeable orders to fill......which is a hell of a lot more than can be said for just about every other business in the land at present; food and drink are just about the only sectors trading. Management would not be urging his workforce to show up if there was nothing to do. The fall here is pretty crazy......especiall I still think BAKK will bounce strongly at some point. |
Posted at 16/11/2017 07:16 by martywidget !FOLLOWFEED |
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