Bunzl Share Discussion Threads

[albert arthur] 10/11/2023 11:18

Ex divi next week, added today.

[waldron] 25/9/2022 18:56

Upcoming events on BUNZL PLC


September/28/2022 Berenberg Business Services Conference

Might get decent writeups and media attention

[waldron] 25/9/2022 18:52

Next strong support apparently at 2575p

[dudishes] 14/9/2022 16:54

G'day,

Didn't see that incoming?

Increased long @ 2807).

cheers

[dudishes] 07/9/2022 11:41

G'day Waldron,

Another unloved co?

I looked at divi (I can do much better elsewhere, ie CLIG).

Took long @ 2774, £50pp.

Your bottom figure very close.

cheers

[waldron] 07/9/2022 09:50

Oliver Haill

15:58 Thu 01 Sep 2022

Bunzl 'deserves premium rating' - broker

The shares trade at 15 times 2023 earnings per share or an EV/EBITDA ratio of 9.8 times


Following strong half-year numbers from Bunzl PLC (LSE:BNZL), Shore Capital has upgraded its forecasts for earnings and dividends for this year and next.

"We foresee the potential for more to come," the broker said, highlighting the FTSE 100 group's attractions as "highly resilient business to economic cycles" through its business model as a distributor of capital efficiency to companies across a wide spectrum of industries.

Analyst Robin Speakman said cash generation "remains to the fore", which will allow the group to fund organic and acquisitive growth "at a time when its services to clients remain high on the agenda".

Performance in the second half of the year is set to be driven by the confirmation of a higher operating margin than previously expected, the analyst said, due to a good operational performance and positive leverage, helped by inflation, but also product mix.

"Inflation tailwinds are set to lap prior comps from this point and so weaken, but FX tailwinds persist to reported results. Acquisitions continue (with material funding headroom noted), future announcements to be wound into our forecasts delivering additional upgrade potential."

On valuation, Speakman said prospects "continue to look assured", with the group's strong management culture, the proven resilience of its business model to economic cycles, positive cash generation credentials and ability to source, transact and integrate acquisitions.

Bunzl shares trade at 15 times 2023 earnings per share or an EV/EBITDA ratio of 9.8 times.

Based on the upgraded forecasts, Shore Capital now sees fair value at 3,500p, up from 3,450p.

"A premium rating is deserved, in our opinion," said the analyst, reiterating a 'buy' rating.

Proactive

[waldron] 06/9/2022 17:45

Might continue to fall towards strong supports,one being 2792p

Well covered by Analysts

Enterprise value might allow an uptrend as it advances towards ex divi date although divi not impressive

[waldron] 06/9/2022 17:42

Bunzl PLC

30 August 2022

Bunzl plc - Interim dividend for the year ending 31 December 2022

Further to the announcement earlier today of its half yearly results for the six months ended 30 June 2022, Bunzl plc (the "Company") confirms that the interim dividend for the year ending 31 December 2022 of 17.3p per share will be paid on 4 January 2023 to those members on the Company's register at the close of business on 18 November 2022.


The ex-dividend date will be 17 November 2022.

[shallwe] 19/8/2022 16:11

Keeps bouncing off its 31.60 resistance, it just needs a bit more of a push.

[keyno] 04/7/2022 12:13

The quiet boards are the best ones in many ways ;-)

[nfs] 04/7/2022 08:31

I do now. I just bought in after those results

[cw2000] 30/6/2022 18:21

A great trading update... not that anyone reads this BB!

[ram376s] 19/5/2022 10:40

Pick up BNZL . 300 nurse to train new test GDR . Anticipated news .Possible multibagger .

[tole] 08/9/2021 07:09

https://citywire.co.uk/funds-insider/news/expert-view-berkeley-ted-baker-vistry-hilton-food-group-and-bunzl/Peel Hunt expects 'positive catalyst' at BunzlThe ever-reliable Bunzl (BNZL) is showing strong momentum and Peel Hunt believes the October capital markets day will be a 'positive catalyst'.Analyst Andrew Nussey retained his 'buy' recommendation and increased the target price from £26 to £28 on the provider of everyday items such as food packaging and safety equipment. The stock was up 0.7%, or 18p, at £26.18 on Tuesday.Nussey updated his model following first half results as management retained the revenue and increased margin guidance given in June.'Our modest 2021 earnings per share increase remains consistent with consensus,' said the analyst.'We raise our target price...to reflect the underlying momentum and the robust medium-term outlook – including the potential for accretive M&A. The October capital markets day looks set to be a positive catalyst given the scope to provide insight into competitive differentiation.'

[philanderer] 12/7/2021 10:10

Berenberg has upgraded Bunzl (BNZL) which it believes is too overlooked by investors and is attractively valued.

Analyst Thomas Burlton upgraded his recommendation from ‘hold’ to ‘buy’ and increased the target price from £26.50 to £27.50 on the stock, which has been described as the most boring company in the FTSE 100.

Shares in the company, which provides a range of everyday products from food packaging to safety equipment, closed up 3.6%, or 89p, at £25.56 on Friday.

Burlton said the stock ‘often gets overlooked by investors, but this is to neglect a well-run, attractively priced, acquisitive compounding business, where expectations are too cautious’.

‘After a relatively strong performance of Bunzl’s shares following the March 2020 market trough, since November, the reopening trade has taken hold and investors have rotated out of – or bet against – the perceived 2020 winners,’ he said.

‘We think the recent relative underperformance of Bunzl has run its course. The shares are attractively valued and consensus estimates are conservative.’

[thewheeliedealer] 02/3/2021 21:36

Hi everyone,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast last week and part of our discussion includes BNZL which both of us are fans of. As always we also chatted about loads of other Stocks and Ideas for research and a fair bit of educational stuff with regards to Investing and Portfolio Management.

This one covers our thoughts on where the Markets are now and what we think is most likely going to confront us in coming months and what our strategies are. Specific topics in this one include the impact of Storytelling on our Brains and it also has a chunk on reasons for Retirement and we have found lots of Listeners seemed to like that.

Anyway, if you use Youtube, Apple, Audioboom, Overcast, Google+ or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 43) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful, we try to keep them light and they are totally unscripted, with the intent being that it is like you are eavesdropping on us having a chat down the pub (we can dream !!).

Cheers, WD
@wheeliedealer

[yam114] 13/7/2020 08:28

Why will the second half be a challenge doesn't it supply protective clothing if we have a second spike I'd have thought this company would do well?

[dandu69] 25/3/2020 10:17

Surprised this is down today and by so much overall, looking to open a position around 1250p if possible. Any other interested parties on here?

[thomstar] 24/2/2020 09:29

And there it is!

[thomstar] 18/2/2020 16:16

This thing needs a meet injection

[dandu69] 09/2/2020 11:52

This gets good reports on fool for what that`s worth. It looks like a steady grower with increases in dividend and good dividend cover. Certainly keeping on my watchlist to look for a decent entry point.

[philanderer] 29/8/2019 09:56

EFFERIES CUTS BUNZL PRICE TARGET TO 1700 (2050) PENCE - 'UNDERPERFORM'