Benchmark Share Discussion Threads

[nimrod22] 03/10/2017 08:18

Should run up to 390p without too much trouble, has upwards momentum after being oversold

[nimrod22] 25/9/2017 09:30

Appears to have been oversold, and worth a punt to catch a rebound

[che7win] 19/9/2017 17:53

They bought around them with no regard for making profit up to now. I was in them in the 60's, but the profits forecasts and their performance did not make sense for me to hold.

They need to bed everything down, I think there are some efficiencies to make, stop the acquisitions and prove themselves.

[pugugly] 19/9/2017 15:55

Exbroker - Agreed -still trying to come to a decision as to whether the problems are with the product or management. So this is why I am watching and waiting.

If the latter then then they can be removed and a new bunch installed. If the product new formulation and costings but always very much harder to find buyers the 2nd time round.

[exbroker] 19/9/2017 15:29

Hi Pugugly
I have been in since the start and have supported the fund raises as well, so am losing big time.
I would like them to stick to what they now have and make a profit and generate some cash, simple but so far, they have managed not to do this very well.
There comes a point when one of the industry big boys just hoovers them up but I am not sure it is yet!

[pugugly] 19/9/2017 15:05

Continuing to fall - no 40/42 p/e still far too high - Any thoughts as to where it has to fall to have gamble value ???

[pugugly] 12/9/2017 11:23

Oh dear - came to have a look as at a 1 year low and falling - Look who is a major shareholder

Significant shareholders % of issued share capital
Woodford Investment Management LLP 25.10

With his current record a possible red flag ???????????????????????

[goldenshare888] 09/9/2017 10:24

Got any salmon?

[pugugly] 08/9/2017 08:33

Market cap to still far too high (imo) "adjusted EBITDA to be in the range GBP8.7m to GBP9.3m, for the full year." & what will be in the "adjustments!!"

Agree re 30's - Looks as though will have to run hard to meet Numis target unless new products VERY successful - but in my experience many new products have teething problems - Classic example another of Woodford's duds - RM2 and fibreglass pallets.

[my retirement fund] 08/9/2017 08:19

Another Woodford clanger, loving it though as Woodford legions of Daily Mail fans get a good rinsing.

[napoleon 14th] 08/9/2017 07:46

Hmmmm, I'm certainly not buying back in on that TU.
Not bad per se, but has a warning stitched in the lining IMO, &
"share price down into the 30's is feasible" indeed if they need to wait before
getting sales of their anti sea-lice product.

[simon gordon] 08/8/2017 11:32

What's fair value? Numis forecast it to do c.£11m PBT to 9/19. Market cap now £269m. Probably got some debt now, not sure how much. Give them 15x 11m = £165m market cap. So share price down into the 30's is feasible unless they start meeting their numbers and upgrading forecasts. They might want to consolidate the share so it doesn't look like a penny dribbler.

[napoleon 14th] 07/8/2017 12:26

What's up with this one?
I used to hold & sold, thank my lucky stars, at c.90p.
Chart since then looks a nightmare!

[edmonda] 23/6/2017 16:20

We will be hosting a results webinar with the management of Benchmark Holdings on Thursday 29th June at 11.45am.

The presentation will last around 30mins with time afterwards for Q&A. If you would like to send questions in ahead of the webinar please send them to [e-mail]

To register for free and find out more please visit:

[napoleon 14th] 25/5/2017 11:23

Bit of a neutral TS, eh?
"In line" didn't impress, obviously!
IMO the risk is disease, the reward is sales of treatments, if these happen.

Anyhow, I took the +33% I have here & on to pastures new.

[multibagger] 28/4/2017 07:47

Good to see BMK moving close to the £1 mark once again :)

To recap - recent NED and II activity....

NED Alex Hambro buying circa 53k shares at 90p yesterday

NED Kevin Quinn bought 25k @ 94p in Feb

A few big trades in the last few months 1m + 600k at 109.5p towards end Jan

FERD adding another 20m shares at 97p (this Norwegian fund now holds about 16%)

75.83% of the shares are not in public hands with Woodford holding about 25%

...tells a story/paints a picture....if people are listening/watching as coming events cast their shadow before.

Good luck all :)

[multibagger] 07/3/2017 08:07

Another excellent contract with one the world leaders in salmon production....

RNS Non-Regulatory

7 March 2017

Benchmark Holdings plc

("Benchmark" or the "Company")

Contract win for Benchmark

Benchmark announces today that it has signed a long-term agreement with SalMar ASA ("SalMar") to provide genetics, health and knowledge services to the company. The full suite of services the Company is providing illustrates Benchmark's leading position in the market, as well as its ability to offer a wide spread of products and solutions across the salmon's life cycle. SalMar is one of world's leading salmon producers.

Benchmark will, through it's subsidiary SalmoBreed AS, form a 50/50 joint venture for the production of SalMar's salmon strain, Rauma. This joint venture to be called 'SalMar Genetic AS', will be formed by a demerger of SalMar's salmon production facility in Reistad, Norway. Benchmark will take full responsibility for managing the breeding programme through its subsidiary Akvaforsk Genetics Center AS.

The agreement also includes sales of eggs from Benchmark's land based sites in Iceland and once commissioned from its Salten site in Norway. The Benchmark group will also provide fish health services, diagnostics, and health products.

Malcolm Pye, CEO of Benchmark, said;

"We are delighted to sign an agreement with such a blue-chip partner in the salmon market. It is testament to our customers' recognition of the benefits of our growing, integrated package of products and services, as well as our ability to enhance value for producers and contribute towards the overall sustainability of the aquaculture industry."

[multibagger] 01/3/2017 14:17

Ferd add another 20m shares at 97p to take their stake over 16%....clearly the Norwegians seem to like their Benchmark salmon amongst other treats BMK has to offer.

Big vote of confidence, not that it was needed !

[multibagger] 22/2/2017 17:52

Good to see a big Norwegian player increase their stake to 12.8%

[multibagger] 16/2/2017 08:20

Good to see Non Exec Kevin Quinn RNS of 25k buy shares @ circa 94p yesterday.....

[multibagger] 31/1/2017 07:32

Aha Janeann - we meet again !

I thought our investing styles were similar so I guess our paths cross frequently and I am pleased that we are doing well (atleast for now in a bull market).

BMK is another of my decent sized holds - I think that the company has developed a great IP portfolio with multiple revenue streams, in different countries, across a range of sectors and this de-risks the company massively IMHO.

I think that there is a real possibility of a takeover in due course given the barriers to entry by one of the agri giants.

It was a steal when I started buying in the late 50s price range. I am confident that we will see a multipound share price over the next 3-5 years.

Good luck :)

Good decision re BOO - our values and principles are more important than a few pieces of silver !

[janeann] 30/1/2017 20:29

well multib - didn't realise you were here!
Look like sells to me given the times of trade. Hope not - I just getting into profit on these!

and thanks for the heads up re boo on that thread - sold out completely - hadnt realised there was a second dispatches on boo - and now watching the programme. Right decision me thinks

[multibagger] 30/1/2017 15:29

Two massive trades - 1m and 600k at 109.50 and bid has moved up....probably buys ?

Clearly out of the ordinary !

[nw99] 27/1/2017 14:29

It's a great ride enjoying this huge profit