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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Devro Plc | DVO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 329.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 329.00 |
| Top Posts |
|---|
Posted at 02/3/2022 11:16 by km18 Devro encompasses departments offering collagen products for the food industry. The Company operates through two segments: Emerging markets and Mature markets. The Emerging markets segment includes Latin America, Russia and East, Middle East and Africa, Southeast Asia, and China. The mature markets segment includes North America, Continental European Union (EU), the United Kingdom, Ireland, Japan, Australia and New Zealand. The Company's collagen casing is used to manufacture all varieties of sausage. The Company’s products family includes edible collagen casing, non-edible collagen casing, edible collagen film, mini plastics and co-ex gels. The Company sells its collagen products both directly to food manufacturers and through its local distributors. These highly enriching and stimulating initiatives were positively reflected on the firm’s financial prospects, where operating profit soared to £42.7m from £36.2m. As a result, ROCE surged to 16.9% from 15.75 in 2020. Despite the profitability rally, the firm’s stock price is undervalued, illustrated by its low P/E ratio of 11.2x, which is relatively below the consumer staples P/E ratio of 27.3x, hence it is cheaply available for investors to buy the stock. Consequently, it implies that Devro is trading at a discount with respect to its peers and is likely to hike since its CAGR stands at 13.5%, and P/B is 3.5.Keep up to date with WealthOracle AM |
Posted at 30/3/2020 10:14 by dr_smith Supermarkets are unsurprisingly at normal price levels, but DVO is around 18% down what it was 18//20, last normal FTSE day pre CV.Why down, when if anything, sausages are an excellent storage product. IN their results 4/3/20 they had: -------------------- CORONAVIRUS Following the outbreak of Covid-19 in China, our main priority is the health and safety of our colleagues.We are committed to put inplaceall measures we can to help to contain the outbreakand supportthe wellbeing ofour employees.We are closely monitoringthe current and potential impacts of the Covid-19 on our manufacturing and commercial operationsand global supply chain. At this point in time our manufacturing location in Nantong, China,is operating at normal capacity and is not facing labour or supply shortages. We have put in place precautionary measures and are reviewingour business continuity plans for the Group. --------------- The above was obviously when the issue was believed to be virtually constrained to China. Much has happened since then, we've had every co putting up notices to customers re CV. On Devro website! Not a sausage! Either on home page or Investors section. The "safety" page, refers to 2018 successes, hardly up to date for over a year. This is a corporate with a global footprint and they seemingly don't have the competence to keep a website, a key customer interface, up to date!! Not good. As part of the food chain, I am quite surprised at the apparent lack of comment for this extraordinary period. Logical conclusion is BOD have no comment at all. If all is running as normal, then say so! I do see they seek a Business Applications Specialist "Your main role and responsibilities will be to provide excellent support and customer service to Devro stakeholders in regard to business applications." This is still no excuse for BOD not keeping the world up to date on the key interface. IMO Dave |
Posted at 20/4/2017 22:53 by phillis Biggest investor continues to addPi s should probably do the same |
Posted at 28/11/2016 13:55 by racg let's hope they get their act together before the rug is pulled out from under them, got terrible average of 1.95 here and I ve only been an investor for about two weeks. Oh well. |
Posted at 27/10/2015 07:25 by bootycall Nothing went wrong Woodcutter. Great investment. Tobacco stocks have the second highest operating margins ( 41% according to Morgan Stanley) in US packaged consumer goods. They also contain nicotine which means that not everyone found it easy to slightly reduce consumption or switch to a healthier option :) Tobacco stocks historically traded at a discount until all class actions could be dealt with and addressed with product labelling which has dramatically reduced consumption in Western Europe. The big boy in the collagen industry Viscofan fell almost 5% yesterday !Please bear in mind that children eat sausages. Does Mum want to cook two separate meals for the family? Will schools have them on the menu?....they are a product which should now require some form of labelling as to the risks of eating a group 1 carcinogenic product . As an investor you have all that negative process to look forward to over the next few years. The main investment case left for growth in processed meats, like cigarettes, is that we can sell them to poor people in emerging markets. Sad really....some might say that is wrong...and that might affect the rating. I feel bad for British pig farmers but reducing deaths from the 2nd biggest cancer in the UK must take priority. |
Posted at 03/9/2015 11:23 by woodcutter buywell my porfolio is made up mainly of small and mid caps and has hardly moved during these troubled times as you put it. indeed most of those stocks that have moved have all come back to where they were, one or two have improved on their previous share price i don't see that with many of the larger cap stocks in the ftse 100. do you?larger caps ftse 100 it's a nonsense index. miners, oilers, and anything exposed to asian earnings have got hammered. HSBC, PRU, GLEN etc i hope you're not holding any of them. The index is heavily weighted on a dozen stocks or so and when they get hit the whole index gets hit. 20 year history of relative performance for small SMX, mid MCX and large UKX caps index. have a guess which one is UKX and which MCX the red one is SMX by the way. free stock charts from uk.advfn.com if you're not a TA advocate then fine don't knock those of us who use it to good advantage. my returns have always been decent, above the mid and small cap index performance however they've improved immeasurably since i began to use TA seriously. DVO back at resistance now. i suspect most investors could pretty much identify the support and resistance levels on DVO they look well defined to me, 280/300/320. each to their own woody |
Posted at 14/11/2013 11:58 by essentialinvestor Salpara, most long term holders here are in at considerably lower levelsand their yield is significantly higher than an investor who has bought more recently - that is why many are just happy to hold. |
Posted at 14/11/2013 08:21 by phillis bye byeLong term investors will stay comfortable with what is happening |
Posted at 25/6/2013 16:18 by greatwhitefunkmaster MARKET REPORT: Devro's boom in bangers may just have burstBy Rupert Steiner PUBLISHED: 22:04, 24 June 2013 | UPDATED: 22:08, 24 June 2013 As defensive stocks go, sausage-skin maker Devro has been an unlikely safe haven for investors. But as cash-strapped shoppers foraged out cheaper meal alternatives, the sausage firm was able to ride high on the downturn. However, the boom in bangers may just have burst. Devro was forced to issue a profit warning as the bottom fell out of the sausage market with Britain's biggest supplier to the ham industry saying the slowdown has finally hit. Shares fell 2.3 per cent or 7p to 296p with the firm saying: 'As a result of slower than expected sales, particularly in April and May, combined with raw material cost increases and temporary manufacturing issues in the USA, operating profits for the first half are expected to be approximately £3m below last year.' This was a shock to investors. The firm added that in some countries sales of processed meats 'declined temporarily' due to various factors including the colder weather and lower levels of consumer spending. There has also been a drive upmarket with the sausage market polarised at both ends. In the UK some consumers have flocked to premium products and this caused a slump in more mainstream varieties. Devro does have its upmarket Select range, which has seen volumes rise 13 per cent, but it is mainly in the smaller German and Japanese regions. Investors appear to be giving chief executive Peter Page more time. He claims the problems are a short-term blip and the business can deliver bigger things in the future. But Darren Shirley, an analyst at broker Shore Capital, said: 'Devro has reported UK and Australasia volumes in decline, with the UK hit by the ongoing trend to premium sausage and Australasia hit by weak consumer demand. 'Whilst we remain positive on the medium term, we cannot overlook the weakness in current trading and the fact that a proportion of Devro's second-half recovery is out of control.' Shirley reiterates a 'hold' but it remains to be seen whether the firm has enough time to beef up the business in the second half. |
Posted at 23/4/2013 17:03 by plexi Interesting to see Fidelity and Schroders selling down as well as three directors exercising nil paid options and immediately unloading their shares at 305. One had an excuse (tax & NIs), the others didn't offer one. Company needed to lay on a site visit today to try and convince investors that everything is working fine. If it was why sell today and not wait for a price rebound? Hardly buying into weakness.. . |
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