Dairy Crest Share Discussion Threads

[sludgesurfer] 09/2/2017 19:35

Disappointing response to an "in-line" statement. It's not as if the market was pricing in a stellar statement to justify a 6% drop. The debt item was however unnecessarily vague in my opinion

[mirandaj] 04/11/2016 09:58

Launch of new Cathedral City snack bar:

[mirandaj] 24/10/2016 14:05

Peel Hunt - BUY note today with TP £7.20

[mundungus] 19/9/2016 15:01

Guardian article: DCG paying more more for milk to UK farmers. also mentioned was sales of key brands were rising.

[sludgesurfer] 19/9/2016 12:58

Disappointing reaction to what appears to be a solid statement this morning. Perhaps the market expected an update on the china powdered business arm which was conspicuous by its absence i thought.

[value king] 20/8/2016 16:09

Having bought these after the EU referendum fall I never dreamed they would rally nearly 25%.

One of my better decisions.

[sludgesurfer] 03/1/2016 13:40

I see this has been tipped by the Times as a 2016 pick. His 2015 tips averaged a 8% loss over the year - admittedly mainly due to a couple of oil stocks. His confidence in DCG seems partly related to potential upside from the china powdered market.

[sludgesurfer] 29/12/2015 19:15

Nice few weeks. Muller back for the lot in the new year?

[darias] 07/12/2015 14:06

Out completely

[darias] 27/11/2015 11:30

Sold around half my holding

[rarther] 12/11/2015 09:32

i am no chartist but this chart looks doomed for a slump. experts please correct me if i am wrong!

[fardistanthills] 20/10/2015 10:38

Sale of dairies confirmed at last - onwards and upwards hopefully!

[luckymouse] 26/8/2015 14:27

nice bounce off pivot spt

[rarther] 25/8/2015 10:35

£80m deal to get rid of a break-even division is a non-event for an £800m company. Let's move on...

[mundungus] 12/8/2015 09:07

Dairy Crest and Müller edge closer to sealing £80m deal

[sludgesurfer] 07/8/2015 11:55

Thanks. I'll chase them down.

[ianood] 07/8/2015 11:35

sludge paid into my account on the 6th August 15.7p/share

[sludgesurfer] 07/8/2015 09:43

Strong few months. I always had this down as a pretty dull stock...lately its been pretty exciting! The quietest BBs tend to be a sign of a good stockI can't find when the final divvy is due. Website just says 'August'.Next updates coming by way of:Dairy Crest expects to issue its half-yearly trading update on 22 September 2015 and its Interim Results for the six months ending 30 September 2015 on 5 November 2015.

[philanderer] 15/6/2015 20:43

I`m waiting for the CMA re Poundland`s takeover of 99p stores - october they reckon before a decision !

[fardistanthills] 15/6/2015 20:38

Thanks philanderer - the CMA is not coming out of this well!

[philanderer] 15/6/2015 20:25

Guardian market report:

Among the mid-caps Dairy Crest dipped 4.5p to 525p after Friday’s news after the market closed that the Competition and Markets Authority had referred the sale of the company’s dairy operations to Muller UK, an investigation which will take a minimum of 24 weeks. Shore Capital analysts Clive Black and Darren Shirley said:

Not surprisingly, to our minds, the Competition & Markets Authority (CMA) has decided to take the proposed acquisition of Dairy Crest Dairies by Muller-Wiseman to a phase II review. However, when trying to make sense of the process we believe that CMA has bottled it, so unnecessarily prolonging a process that is, by common thinking, necessary for the challenge and over-supplied British liquid milk industry to progress; a view implied in the CMA’s own narrative to our minds.

... the CMA is potentially in a pickle here because if this merger does not go through then there will be further economic consequences because the viability of liquid production is under serious threat. The discounting of a highly expensive product to produce, care for and move is a frustration for everyone involved in milk production. Rationalisation and concentration needs to take place because the retail trade is picking off the processor leading to depleted margins. Such margins are a chronic issue with respect to future investment and innovation in the trade. The farming lobby will justifiably go nuts with the CMA if common sense does not prevail. That though, when it comes to common sense, there is now encyclopaedic evidence that the CMA lives on another planet.

Shore Capital believes that this apparently finely tuned decision creates a path for Muller-Wiseman to explore reasonable remedies with the CMA albeit we struggle to see why change is necessary in the first place, particularly if big supermarkets are behind the decision. In due course though, admittedly at inordinate cost, we believe that there are greater chances than not that approval can come through. Accordingly, whilst we sense that the management and shareholders of both parties and their suppliers will be frustrated, we reiterate our buy stance on Dairy Crest Group shares, noting that a cash generative group with a strong portfolio of proprietary brands remains for investors to harvest.

[fardistanthills] 04/6/2015 16:31

Going well again against the market.

[fardistanthills] 21/5/2015 20:57

Sell off resumes, share price curdles again.