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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mcbride Plc | LSE:MCB | London | Ordinary Share | GB0005746358 | ORD 10P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.50 | 0.44% | 115.00 | 99,743 | 09:00:32 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 114.50 | 115.00 | 115.00 | 114.50 | 115.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Soap And Other Detergents | 889M | -11.5M | -0.0661 | -17.40 | 199.3M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 09:00:54 | O | 6,314 | 114.6105 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 08/10/2024 | 18:25 | UK RNS | McBride PLC Director/PDMR Shareholding |
| 07/10/2024 | 07:00 | UK RNS | McBride PLC Annual Financial Report |
| 01/10/2024 | 17:30 | UK RNS | McBride PLC Director/PDMR Shareholding |
| 26/9/2024 | 07:00 | UK RNS | McBride PLC Director/PDMR Shareholding |
| 24/9/2024 | 15:38 | UK RNS | McBride PLC Director/PDMR Shareholding |
| 20/9/2024 | 17:17 | UK RNS | McBride PLC Director/PDMR Shareholding |
| 19/9/2024 | 07:00 | UK RNS | McBride PLC Director/PDMR Shareholding |
| 17/9/2024 | 13:03 | ALNC |  EARNINGS AND TRADING: McBride swings to profit; Headlam in the red |
| 17/9/2024 | 07:00 | UK RNS | McBride PLC Final Results |
| 16/7/2024 | 19:35 | ALNC | McBride says annual profit to be in line with market expectations |
Mcbride (MCB) Share Charts1 Year Mcbride Chart |
|
1 Month Mcbride Chart |
Intraday Mcbride Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 11/10/2024 | 08:30 | McBride Broker targets>Ј3 | 1,503 |
| 07/9/2010 | 16:24 | *** McBride *** | 28 |
| 18/5/2007 | 15:23 | MCBRIDE - take a look | 95 |
| 20/2/2004 | 12:28 | MC-BRIDE- MOVES TO A YEAR HIGH UNDERSPECULATION THAT THE TRADING HAS GONE WELL | 105 |
| 03/6/2002 | 19:12 | McBride - Offer Update tomorrow? | 10 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 08:00:55 | 114.61 | 6,314 | 7,236.51 | O |
| 08:00:32 | 115.00 | 2,000 | 2,300.00 | AT |
| 08:00:32 | 115.00 | 5,106 | 5,871.90 | AT |
| 08:00:32 | 115.00 | 1,374 | 1,580.10 | AT |
| 08:00:31 | 115.00 | 1,104 | 1,269.60 | AT |
| Top Posts |
|---|
Posted at 16/9/2024 17:02 by darrin1471 In the 2 years I have held MCB, the share price has always, IMO been well "managed" by someone.The MCB share price has always reacted to the news, so I do not see MCB leaking inside information. Over the last couple of weeks, I think we have had a seller who wanted to bank profits on 500k+ shares before the results. Before previous updates, a seller caused the MCB price to drop. e.g. 07/2023 After so many profit upgrades over the last year, tomorrow's current trading and outlook will be eagerly awaited. The market consensus is that MCB is at peak profit. |
Posted at 24/5/2024 13:56 by darrin1471 bluster, that is a real turnaround from where MCB were in mid 2022, I had not really thought beyond paying down the debt .CEO Chris Smith instigated a MCB share buyback programme starting in 02/11/2020 when MCB share price was 63p. MCB bought 8.6 million shares in 10 months at a total cost of GBP6.8m with an average price of 79.3p. Recent capital market day said: 1.5x to 2x Base dividend Cash 1.0x to 1.49x Additional distribution considered Cash / share buy-back / retain at Board’s discretion Below 1.0x Special distribution considered At Board’s discretion In the 07/09/2021 final results "Base Dividend" was one sixth of EPS and "additional distribution" was an additional one sixth of EPS. So should we expect a dividend of 3p rising to 6.5p next year? Board may be a little more cautious after the inflation shock. Chairman is 79, CEO 60 and CFO 62 so MCB is likely to be their last payday. CEO to move to Chairman? |
Posted at 08/4/2024 16:53 by darrin1471 I sold 20k at 119p on Friday to crystallise CGT and to have funds to move into my ISA for the new financial year.I bought back 10k near the close today for 108.075p. I will buy back the other 10K tomorrow if the share price spikes down again. The MCB share price was already down 8p today before the holding RNS from DUMAC and Teleios. It feels more like a "managed" decine after last weeks spike. |
Posted at 16/1/2024 20:39 by darrin1471 I mentioned yesterday that the high volumes on Monday had led to no price movement. This is unusual for MCB.The opening was uncomfortable this morning as MCB is my biggest holding. I have said for a long time that the MCB share price appears well "managed". This morning there was no "management" on opening. Sellers sold into a falling price and the only support came from the market makers. The shares were then "managed" from 8:20 with L2 showing support but not from the MMs. Whoever was selling yesterday at 90p (after the SCSW tip) was able to buy back at sub 80p today. I continue to hold in full. |
Posted at 01/12/2023 11:32 by darrin1471 "managed" MCB share price looks like taking a pause here. 60,000 sell order sitting at 71p |
Posted at 30/11/2023 16:49 by darrin1471 Crazy day on L2 today. MCB was up 17% at one point. All orders except market makers disappeared then MCB went into auction. 140K went in at 74p and was taken out. MCB share price stretched itself to much.MCB up 65% in the month of November. |
Posted at 25/10/2023 20:56 by darrin1471 Also earnings before tax forecast went up from £9.55m to £25.1m.FCF only up £7.1m I repeat. Forecast EBITDA £65.7m while highest EBITDA in last 10 years was £51m. MCB share price still 80% down on 10 year high with 5% fewer shares. |
Posted at 02/8/2023 21:09 by darrin1471 nobull: My point in 1118 was "current trading profits are back to near normal levels".After H1 figures that will be a massive turnaround so I wanted to back it up with some numbers. If there is an error in my thinking, I hope there is somebody out there to point out the error. "current trading profits are back to near normal levels" should put MCB back to 60p. My expectations however are more than just "normal levels". I think MCB will make exceptional profits over the next 18 months. I can not back this up with numbers. Demand for own brand goods are rising. All suppliers need to rebuild margin and some went to the wall which will take out capacity. With rising demand, lower capacity and lower input prices MCB may be in a sweet spot for the next few quarters and beyond. I believe MCB history shows high input prices in the late 1990's led to a collapse in the MCB share price ahead of the 2000 market fall and an early recovery for MCB as input prices fell. Recent rises in input prices were a lot more significant than 1998. |
Posted at 15/7/2023 10:54 by darrin1471 Comparing H1 to limited FY information.H1 revenue 426.3 (+30.3% at constant currency) FY23 +"28.4% on a constant currency" FY22 678.3 Est FY23 revenue 870.9 H2 est revenue 444.6 H1 volumes up 1.2% (2.6% in private label) FY volumes "up 5.4% for the full year, following 12.7% growth in the fourth quarter" By my calculation Q3 volume growth is about 7% H1 1.2% Q3 7% Q4 12.7% Accelerating volume growth. H1 revenue minus volume growth would be 421.3 H2 revenue minus volume growth would be 404.4 From that I would say average selling prices fell by 4% in H2 due to falling input costs. Net debt closed at GBP166.5m which is only a slight improvement on last year but a significant improvement on the guidance of 181 to 186 provided less than 3 months ago. Lower input costs and better operational profits. Higher interest payments on the higher debt will be a profits drag for several years. H1 adjusted operating loss -1.3 FY adjusted operating profit "materially ahead of current market expectations" (9.7) and "at the top end of the range indicated" (up to 13). I will use 12 as my forecast So H2 adjusted operating profit was 13.3 H1/24 adjusted operating profit should be higher than 13.3 if volumes continue to rise and falling input prices boost margins. H2 adjusted operating profit annualised would be 26.6 In 2022 Adjusted operating loss was -24.5 EBITDA -8m eps -0.157 cf -44m debt 169m In 2021 Adjusted operating profit was 24.1 EBITDA 39m eps -0.058 cf - 9m debt 143m In 2020 Adjusted operating profit was 28.3 EBITDA 38m eps 0.07 cf 33m debt 146m In 2019 Adjusted operating profit was 28.1 EBITDA 46m eps 0.014 cf -11m debt 135m In 2018 Adjusted operating profit was 36.2 EBITDA 51m eps 0.061 cf 5m debt 126m In 2017 Adjusted operating profit was 45.1 EBITDA 47m eps -0.015 cf 20m debt 102m In 2016 Adjusted operating profit was 36.2 EBITDA 51m eps 0.115 cf 22m debt 116m In 2015 Adjusted operating profit was 28.5 EBITDA 29m eps 0.017 cf - 1m debt 116m * Adjusted operating profit taken from annual report and other numbers from fidelity My conclusion is that MCB has seen a rapid improvement in H2 and current trading profits are back to near normal levels. MCB share price is up 50% ytd but still only 25% to 50% of its value 2-5 years ago. IMO a 100% rise to 60p should be rapid. I also see a possibility that MCB will make exceptional profits over the next 18 months. It depends upon the strength of MCB's competition across Europe. Pre Covid margins were under pressure as competition was fierce. That competition would have been exposed to the same cost pressures experience by MCB. How strong is that competition today, did they survive, did they go bust, has capacity been reduced, are they looking to improve margins to repair balance sheets or gain market share. When input prices were rising MCB were on the loosing end of pre agreed pricing contracts. As input prices fall MCB should be able to rebuild margin along with competitors. MCB gaining volume could be seen as competition being weaker. MCB has had a very difficult 2 years. As they exit debt and interest payments will be higher. However the stock has not been diluted, in fact there are currently fewer shares than 5 years ago due to the badly timed share buy back. The debt deal they did last September will, I believe dilute MCB's shares by 11% in the future. Finally we should expect revenue going forward to be under pressure as higher volumes is unlikely to offset falling input and selling prices. |
Posted at 25/4/2023 09:17 by darrin1471 Prior to today MCB were 80% off their lows. We knew they had high levels of debt and input inflation was causing losses.Anecdotal evidence has been that input prices have peaked and now falling. Accrol who supply paper goods to the same customer base as MCB say they will benefit as input prices stabilise and fall, in a similar but opposite way to the way they lost out when input prices rose. Historically I believe the MCB share price fall from mid 1998 was also caused by less severe input inflation and MCB's share price recovered before the wider market, as input prices fell. I don't think any supplier to supermarkets will be shouting from the roof tops that margins have recovered or the supermarkets will be piling on the pressure to cut prices. Todays trading update is a significant step in the right direction. £5m-£10m profit improvement and £15m-£20m reduced debt in the 2 months since half year report is not to be sniffed at. |
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