Macfarlane Share Discussion Threads

[hvs] 09/2/2015 19:09

lol !!!!

lol !!!!

lol!!!!!!!!!!

ndeed i have joined the shareholders' action group. Company engineering administration by a suspect pattern that must be investigated by the law

[oliversanvil] 09/2/2015 18:56

OliversAnvil
9 Feb'15 - 18:44 - 10061 of 10061 0 0 edit

Indeed i have joined the shareholders' action group. Company engineering administration by a suspect pattern that must be investigated by the law. Of course BLATANTLY the Bods are manoeuvring or are being manoeuvred by (? ) ( maybe who has the train set? ) thinking they are ahead of the law! The wishy washy legal loopholes have to be filled,and i believe a precedent will be set this time once and for ALL investors on the Aim

[hastings] 09/2/2015 17:56

A bit of a slow response from me limit up, but agree with your thoughts. Some interesting trades going through lately, including today.Some nice numbers shortly with a decent fwd picture could see the shares head northwards quite quickly. After all not exactly expensive and a decent yield to boot.

[limit up] 07/2/2015 11:14

hastings.
That will be interesting i have been invested in the co for 2 years at 25p(250000 shares) ,took the view the co will start to grow the eps through adding to what they have(sort the pension out),i really like what they are doing,and more importantly the mgmt are good.the co really has been through a lot,and is now getting interesting as the mkt cap gets over £50m,then it can be looked by a greater number off fund mgmt cos...
regds

[hastings] 06/2/2015 09:35

Will indeed. Have a visit to M Keynes operation next week to meet up with the CEO and FD. Obviously won't receive any new info, but given their willingness to meet up and spend some time, hopefully things are on track for the near and medium term.Price looks attractive at current level and yield not to be sneezed at either.

[limit up] 06/2/2015 09:25

figures due soon,will be interesting to see how the christmas period went with the new addition to the co.which will be included in the figs..

[cs44] 14/1/2015 08:52

The drop in fuel costs and the cost of the raw material for manufacturing plastics must be a plus for the company. On the reverse side I expect the big retailers are putting the squeeze on prices that they are prepared to pay for packaging. All will be clear soon.

[limit up] 08/1/2015 14:06

trading online is generally up over the christmas period for retailers that have reported so far,which i presume will be a bonus for us here.especially with the recent purchase the co made at the end of last year.
regds

[hastings] 04/12/2014 08:27

hxxp://www.cambridge-news.co.uk/Private-Punter-Martin-Flitton-takes-look/story-25077246-detail/story.html

[hastings] 01/12/2014 17:17

A few thoughts may be of interest to others taking a look.

[janekane] 14/11/2014 11:15

This is looking extreamly interesting

[limit up] 14/11/2014 09:07

good statement,for going fwd..

[hydrus] 14/11/2014 08:19

Good results topped up, decent growth prospects and very cheap to boot

[limit up] 06/11/2014 16:28

added as well.

[chickcrumbs] 04/11/2014 15:00

I've bought a little more of this one today.

[cs44] 08/9/2014 13:45

Very positive news that they can raise 3m through a placing at a good price. Solid institutional backing emphasises the fundamental strength of this company.

[hydrus] 28/8/2014 20:38

Some big buys today

[limit up] 28/8/2014 09:39

the figs look solid,with no suprises,i like the approach to
growth,still have my holding from 25p,

[cs44] 28/8/2014 08:08

A well run and prudent company which turns out respectable numbers.
I would expect a rights issue in the not too distant future in
order to fund acquisitions and keep a lid on the debt.

[hydrus] 28/8/2014 07:19

Solid update and pleasing confidence in the outlook which is unusual for MACF as they typically are cautious

[hvs] 10/8/2014 08:36

My pleasure.

Lets hope they make some more good acquisitions.

[coolen] 09/8/2014 21:47

Thanks for that, HVS. I had not spotted any of that previously.

[hvs] 09/8/2014 16:12

Macfarlane : on hunt for further acquisitions

05/07/2014 | 03:21am US/EasternRecommend:

MACFARLANE Group has made its first acquisition since before the recession and revealed it is in talks which could lead to further deals this year.

The Scottish packaging and labelling company has acquired PSD Industrial Holdings, owner of Reading-based Lane Packaging, in a deal which could ultimately be worth pound(s)1.1 million.

Macfarlane, which has a long-standing connection with Lane, will pay an initial pound(s)0.7m in cash up front, plus a deferred component of pound(s)0.4m in the second quarter of 2015. This will depend on certain trading targets being met in the year to April 30, 2015.

The acquisition was funded by a pound(s)20m financing facility agreed with Lloyds Banking Group which, as previously announced, will also be used to reduce its pension deficit and fund further acquisitions.

Lane generates annual sales of pound(s)2.7m and Macfarlane said its acquisition will fill a gap in its geographical coverage in the Thames Valley area.

Speaking after the company's annual general meeting in Glasgow, where all of the resolutions proposed by the board were carried, chief executive Peter Atkinson said: "It's a small step. We started out at the end of last year saying we wanted to get back on the acquisition trail.

"We bought three companies just before the UK went into economic difficulties and we sort of postponed our programme because of those difficulties.

"So for us this is a first step and we hope as the year progresses and we move into next year we will have more positive announcements to make. There are a number of other discussions taking place with potential acquisition candidates and this is a nice start for us."

The Lane Packaging acquisition was revealed as Macfarlane reported that group sales were up by 2.4% in the first four months of the year compared with the same period in 2013.

Sales in packaging distribution, which accounts for 80% of group sales, were running 2.5% ahead of 2013, with the division winning new business from clients such as ASOS, The Hut, Screwfix, and Selfridges in the last six months.

On the manufacturing side, sales were 1.8% ahead of the same period last year.

Macfarlane said that competition in the UK retail sector was affecting its label business, but declared its confidence that its investment in sales and resource would ensure the performance of its manufacturing business this year will be broadly in line with 2013.

Macfarlane shareholders yesterday voted to approve the directors' annual remuneration report, the re-appointment of Mr Atkinson and finance director John Love to the board, and an increased final dividend of 1.10p a share, to be paid on June 5.

Mr Atkinson said he was "surprised" that shareholders had not quizzed the board about the referendum on Scottish independence. Asked whether the board had taken a definitive view on the poll, he said: "No, we don't.

"Our view is: let the politicians come to their conclusions and then I'm sure we as Macfarlane Group will be able to organise and manage our business accordingly.

"We've not taken a position. We're neutral on it and we will see what happens and plan accordingly. To be honest, there is very little debate or discussion about it. Our customers are not asking us about it, our shareholders are not asking us about it, so for us it is a business-as-usual type issue.

"It's not really getting in the way of anything."

Shares in Macfarlane Group closed down 2.12p at 46.88p.

[hvs] 09/8/2014 16:05

Announced 28th May 2014

Wilson Partners is pleased to announce that we recently successfully advised the shareholders of Lane Packaging on their sale to Macfarlane Plc.

The sale provided a retirement exit for the shareholders and a perfect home for the ongoing business. Like most owner managed businesses there is a great amount of pride in the people and market positioning of the business so the challenge was not only to negotiate an attractive deal but to find an acquirer whom would be able to seamlessly continue, integrate and build upon the business.

Mr Gordon Lane said, "Wilson Partners provided expert advice throughout our sale, keeping us calm and focused in what for most owners is a once in a lifetime transaction and no doubt usually a very stressful process".

Mr John Love, CFO of Macfarlane Group Plc commented "We are delighted with the acquisition of Lane Packaging and the acquisition is part of our strategy focussed on good quality businesses, enhancing geographic coverage and improving market penetration. Adam Wardle and his team at Wilson Partners were professional throughout the transaction".

"This was arguably the most important transaction of our careers. We are absolutely delighted with the result, meeting and exceeding our expectations", Mr Gordon Lane and Michael Lane, on behalf of the shareholders of PSD Holdings Ltd and Lane Packaging Ltd.

[hydrus] 25/7/2014 23:22

Looking bullish now, great value at this price.