Dairy Crest Share Discussion Threads

[sampsun] 23/5/2018 18:31

I broiught in at 5 thinking it wouldn't drop any lower. Only onward and upward tomorrow

[asturius101] 23/5/2018 11:39

Well just bought 1k at 4.91 so can't see this going much lower

[linton5] 23/5/2018 11:02

Your getting them now at share issue price,so buy them alfred

[alfred] 23/5/2018 10:10

No dividend increase, no PI participation in the share issue. What contempt!

[asturius101] 23/5/2018 08:17

Talk about screwing your l/t shareholders - why discount the placing when the results are decent?

[asturius101] 18/5/2018 15:56

wonder what caused that drop

[mirandaj] 18/5/2018 12:09

31 Jan 2018
Dairy Crest is today issuing a Trading Update for the nine months ended 31 December 2017.

The outlook for the full year remains in line with our expectations.
Total revenue for the Group was well ahead of last year for the nine month period. This was driven by a combined strong performance from the company’s key brands, Cathedral City, Clover, Country Life and Frylight. Together, they delivered revenue growth of 7% for the first nine months of the year.

Cathedral City has delivered another good quarter. We recently launched a fresh TV sponsorship campaign and Cathedral City Spreadable won ‘Product of the Year 2018’ in the UK cheese category of the world’s largest consumer survey award for product innovation.

All of Dairy Crest’s spreads brands – Clover, Utterly Butterly, Vitalite and Willow – continued to gain market share. Growth in Frylight remains strong going into the fourth quarter driven by a significant increase in the number of distribution points across the UK. Country Life volumes continued to come under pressure from the considerable increase in the cost of cream over the last year. The cream price has fallen in recent months and Country Life promotional activity will pick up in 2018.

Sales of our functional ingredients - demineralised whey powder and galacto-oligosaccharide (‘GOS’), both used in the growing global infant formula market – are progressing well. We continue to research uses of GOS beyond the infant formula market.

Mark Allen, Chief Executive of Dairy Crest, commented:
“We have seen strong growth across our key brands, with Cathedral City, Clover and Frylight performing well and all of our spreads brands increasing market share. I am delighted that Cathedral City Spreadable, one of our more recent innovations, was voted ‘Product of the Year 2018’ in the cheese category by consumers.
“We continue to build the customer base for our functional ingredients business and we will talk in greater detail about this in May.”

Dairy Crest will issue its Preliminary Results for the year ended 31 March 2018 on 23 May 2018.

[asturius101] 17/5/2018 09:07

so what news - any thoughts on what will happen next week?

[mirandaj] 15/3/2018 07:20

Debt rising?:

[repooh] 15/3/2018 07:12

Yes - what happened or is happening?

[theobaldr] 14/3/2018 10:03

What is going on with share price today?

[artibee] 31/1/2018 14:13

Surely the story is all around GOS - until there's firm news on that (one way or another) I'm sure we'll continue this yo-yo share price movement.

[chickcrumbs] 31/1/2018 09:20

Doing very nicely today. Just read the Edmund Jackson article thanks for that.

[peterae] 09/1/2018 18:22

Thanks for the link Mirandaj

Nice rise today ;)

[ianood] 06/1/2018 16:36

Let's just settle for Edmond Jackson ;)

[mirandaj] 06/1/2018 09:27

Interesting comments, pro and con from well respected Edmond Jackson:

[peterae] 16/12/2017 18:25

Interesting Mirandaj

If you look back at a website cache, best I can do is just over 1 year ago, they did not hold.

Here's a cache dated for 03/11/2016


and here is an up to date version

[mirandaj] 16/12/2017 06:26

They went from under 5% holding to declarable just over 5%:

[peterae] 15/12/2017 22:14

very quiet on here, I bought into these today as a long term holder.

Did anyone notice that an Australian investment company bought 5% of the shares in issue in December.

[essentialinvestor] 10/11/2017 15:17

Anyone have any views here?.