Cadbury Schweppes Share Discussion Threads

[frankiestheone] 21/9/2009 17:07

was on bloomberg this morning dan

[danielsimmons] 21/9/2009 13:31

frankiestheone

where did you read that?

[frankiestheone] 21/9/2009 08:30

the board of kraft are coming over to the uk for a meeting with cbry so hopefully hear some news this week..

[kumala] 18/9/2009 14:56

Ita a waiting game at the moment: zz zz

[rolobollo] 18/9/2009 14:39

Is this lift off?

[topicel] 17/9/2009 18:57

Seems that way wad. Either Kraft comeback quickly and cause a rival better suited to Cadbury to show their hand, or Kraft take the slow route and someone else gets their act together anyway.

It will indeed be a merger somewhere at the very least.

Topicel

[wad collector] 17/9/2009 11:54

I don't think we'll see 600p again ; even if Kraft don't come back , there is an expectation in the air here of an eventual takeover - Cadburys plc won't see another Xmas on the stockmarket even if it survives this one.I'm holding.

[topicel] 16/9/2009 16:17

Possibly, careful, possibly.

But you'll be being too careful imho. The Yanks don't take kindly to being told they're a low-margin conglomerate, a two-bit player etc. etc.

You just know they'll be playing hardball soon.

Topicel

[careful] 16/9/2009 16:12

watching this to get back in.
current offer worth about 720 at todays kraft price.
they will come back with a bit more cash and a few more kraft shares.
if market holds up say about 780.
by the time this is played out the market may have pulled back.
cbry will beat them off and share will sink to about 600, depending on market mood.
i will return at 600p.

[topicel] 16/9/2009 12:48

So a rather damp squib of a performance by Stilzer from what I gather. Takeover rules not allowing any further expansion on future prospects really and whether or not he spoke freely with the investors in the room in the Q&A session about the Kraft situation is open to doubt too.

Seems like maybe it'll be a long-haul, at least that's the latest anyalyst predictions, but still get £8.50 in the end after being worn down.

Pocket the interims anyway.

Topicel

[frankiestheone] 15/9/2009 18:57

could be a good day tomoz

[topicel] 15/9/2009 16:42

Bloomberg reporting Kraft CEO as about to make a formal offer. Hence share price tick up today.

Ex-dividend tomorrow and I expect some fireworks with it!

Sorry the market's closed.

Topicel

[yump] 15/9/2009 12:36

> wad collector
"Err...I think you have veared off topic.Try a UKIP BB ?"

Woops, true. Actually veering off topic is why I was 'encouraged' to leave Cadbury back in the 80's, which was it turned out the best thing could have done.

Still got the odd share, hence a bit of interest in the thread.
Cadburys has been one of the safest places to work for years because of its relatively stable business, apart from the inevitable 'downsizing' that happens year on year to remove overheads (ie. jobs).

Be interesting to see if the stability continues on a takeover. Plenty of retired employees sitting pretty on generious leaving salary pensions at the moment. I get them to buy me drinks quite often with the 'its hard running your own company' story ;-)

[wad collector] 14/9/2009 14:52

Err...I think you have veared off topic.Try a UKIP BB ?

[yump] 14/9/2009 12:31

@ brian smiley
"And now Britain is being colonised and our companies being boughtover."
Absolutely.

Unfortunately we're moving rapidly to becoming an annex of the US, both in financial and cultural terms.

Cadburys already moved a shed load of production to Poland, to reduce overheads and bump up profits, although of course the capital cost doesn't show quite so much in profit reduction, because of the way accounts can be done.

Any arguments that they are in any way philanthropically British in the old Quaker way are long redundant.

Since the sell-offs of BT years ago, we've completely opened ourselves up to the power of 'market forces' and consumerism and now we are reaping what we sowed.

The problem is finding a country with bit of culture to move to that hasn't already been populated by either chavs who want to roast in the sun on their dream terrace overlooking a brown dried up hill, or faceless middle class 4x4 people with no conversation other than who owns what, where and how much it cost.

Anyone know a country with a load of sad scientists who like talking about interesting stuff ? Or artists ?

[wad collector] 14/9/2009 12:08

Yesterdays Mail


Soaring Cadbury has further to go

Midas recommended Cadbury at the beginning of the year when the shares were 574p. Today they are 775.5p, up 35%.

The price surge follows an unexpected, unsolicited offer for the company from Kraft. The US food giant said last Monday that it wanted to buy Cadbury for 300p a share in cash and 0.25 Kraft shares, equivalent to 745p per Cadbury share. The offer valued the company at £10.2bn.

The stock soared instantly, but Cadbury chief executive Todd Stitzer rejected the offer and leading investors said they would demand a considerably higher price. Their reaction makes eminent sense. Cadbury makes some of the bes-tloved chocolate brands in the world, including Creme Egg, Crunchie and Dairy Milk.

It also owns Trident chewing gum and premium products such as Green & Black's organic chocolate. It leads the market in at least 20 countries and Stitzer is in the middle of a three-year programme designed to enhance profits. Brokers expect sales to rise from £5.4bn in 2008 to £5.9bn this year, while profits are forecast to increase 18% to £665m.

Large shareholders believe a merger of Kraft and Cadbury is logical. Kraft is the second-biggest food maker in the world, with products such as Terry's All Gold, Toblerone, Philadelphia and Dairylea.

Combining the two firms could save hundreds ofms of pounds and improve overall growth prospects. But Kraft will have to pay more, otherwise it risks being pipped to the post by a rival.

•Midas verdict: Investors who bought last January have been richly rewarded over the past few days, but there is almost certainly more to come. Brokers reckon Cadbury is worth at least 800p a share and possibly much more. Investors should sit back and watch events as they unfold. This bid battle is only just beginning. Hold.

That's advice I have decided to follow.

[topicel] 14/9/2009 07:59

It was good that Cadbury published the response letter in full this morning (see news item above) after being so heavily leaked in the weekend press.

That Mr. Barr has sent one mean curve ball across the Atlantic that can only be dealt with by Kraft by upping their friendly bid - which it is felt they will do once financing is secured - before going all-out hostile.

If that happened, Nestle/Hershey/A.N. Other might just enjoy putting a spoke in their wheels and make a counter-bid.

This has turned into a face-off that threatens the Kraft CEO's credibility in the US if she backs down now. Imho the price of £8.50 minimum remains fully in play.

Await the dividend payment and see what happens next!

Topicel

[brain smiley] 12/9/2009 08:03

And now Britain is being colonised and our companies being boughtover.

[topicel] 11/9/2009 21:25

Gorse, I hope you're not assuming I had anything to do with that piece from the Times, or agree with the sentiments! Lol.

Never mind.

Topicel

[barniebear] 11/9/2009 17:47

Gorse!! As a retired working man(engines)the only people i encountered who did think imperialism and colonialism were evil were those who profited out of it!! The Tony Benns & BBC types & most of N/L top brass!!

[gorse] 11/9/2009 17:15

"Contrary to what you were probably told at school, imperialism and colonialism were good things and remain so today."

topicel

Well, no - we were told in the 1950s that imperialism and colonialism were good things - only later did I encounter British self-haters who reckoned otherwise.

[brain smiley] 11/9/2009 16:44

This is what should happen



Hershey and Cadbury to merge. Cadbury doesn't what to be gobbled up by the Kraft. Time for a deal.

[wad collector] 11/9/2009 15:25

...err...none.