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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Nichols Plc | NICL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1,000.00 | 13:29:48 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1,000.00 |
| Industry Sector |
|---|
| BEVERAGES |
| Top Posts |
|---|
Posted at 02/2/2024 14:47 by philanderer Must admit, I've started pulling out of the UK."Small investors pull money out of UK stock market at record pace" Small investors are yanking money out of the UK stock market at a record pace, industry figures are poised to reveal. Trade body the Investment Association is finalising its figures for 2023, which seem sure to be the worst ever for outflows from UK funds. Around £25 billion has been taken out of the UK stock market in the last two years alone, which partly explains why London shares have much more lowly valuations than rivals in the US and elsewhere. This comes as the London stock market struggles to attract floats of big companies, which are heading to New York instead. |
Posted at 01/3/2023 14:21 by philanderer Website says there's an investor presentation on friday. |
Posted at 02/11/2021 12:16 by disneydonald FWIW, I have been invested in NICL for more than twenty five years, in at around £1.13p. Along the way they moved from FTSE100 to AIM, which I assumed was to take advantage of business relief (family IHT planning). Also along the way they did engage in talks about selling the business, and that was rumoured to be to A G Barr (IRN BRU), but Barr didn't want the overseas business. So nothing came of that. With family owning ~35% it's unlikely that anyone could launch a contested bid, it would need the family approval.What is interesting is that the company has now reviewed its dividend policy, at 1.5 times, were previously it was closer to 1.0. Being a family controlled business most of the profits were paid out as dividends, and NO DEBT has always been one of the main considerations. The new(ish) CEO has alluded to returning to growth and using some of the cash to make acquisitions. Put these two together, resetting of dividend at a lower level and potential acquisitions has possibly unsettled the market. Also, at the Investor Meet session (first time in living memory that NICL have communicated anything other than basic results) , the CEO did make a few remarks about supply chain and container shortages. I fear that whilst he was just expressing the common view of current environment the market might have taken a fright. If no containers then no exports. Whenever I look in my local stores, VIMTO is always well placed and over the years has taken market share over its competitors. So all looks good and no shortages in UK. In conclusion, I suspect that the market has over reacted a little to the new dividend policy and uncertainty of potential M & A activity. Add the fact that getting in, and out of NICL is difficult because of the general illiquidity and often very wide margins, therefore any selling can depress the shares for months. However, given they decided that they wanted a family board representative, I guess they want to keep an eye on things a will be motivated to get the share price moving back to where it has previously been. In all the years I have held NICL, the Chairman's (John Nichols, now non exec Chairman) has always been very straight with his remarks, and when he has guided to meeting consensus earnings he has never missed. If, on occasion (like when the Saudi sugar tax was announced) he was always quick to issue an update, which tended to be taken as a profit warning even though they are often turn out to be insignificant. Either way, these will turn up in December, so if no updates issued in December you can take it that they will meet / beat consensus earnings. Maybe now is the time to top up, whilst share price depressed and the spread is currently at all time lows. |
Posted at 27/8/2021 12:39 by disneydonald Watching the daily trade totals, seems that there has been a bias to selling recently. Given the difficulty of entering or exiting NICL in any meaningful amount, maybe we are witnessing an investor steadily reducing their holding and consequently putting downward pressure on the share price |
Posted at 10/8/2021 10:44 by disneydonald Well, I'm a little disappointed that the share price has not picked up since interims. One problem is of course, that the liquidity is poor and it is difficult to build a position, or for that matter exit a position. I raised this question at the Investor Meet webcast, and the CFO just responded with a short ad lib response, which suggests he has no plans to increase liquidity at the mo.Even if the family do not want to sell any of their shares to improve liquidity (and I guess they don't), then we could look at a capital restructure to issue 5 for 1, or 10 for one share split. Whilst this does not impact overall balance sheet, it would help to increase the daily volume, reduce the spread and in turn allow more auto trades, rather than off-book trades. |
Posted at 13/7/2021 00:27 by disneydonald Yeah, I got the invitation from the Investor Meet people. I hold VLX and they use Investor Meet as well. Looking up re communications for NICL, usually they say nowt ! Maybe now that the family have representation on the Board, they are supportive of promoting NICL. I guess if there was any bad news the new management team (CEO and CFO) wouldn't take the hot seat next week. |
Posted at 12/7/2021 11:21 by philanderer Nichols plc is pleased to announce that Andrew Milne, Chief Executive Officer, and David Rattigan, Chief Financial Officer, will provide a live presentation relating to the Interim results for the six months ended 30 June 2021 via the Investor Meet Company platform on 21st Jul 2021 at 5:00pm BST.The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation. Investors can sign up to Investor Meet Company for free and add to meet Nichols plc via: |
Posted at 10/1/2019 00:26 by philanderer Stock Watch - NicholsInvestors have lapped up a trading update from Vimto-maker Nichols, which said sales jumped 6.9 per cent to £142million last year. The UK branch of the business did particularly well, as sales shot up 12.6 per cent to £114.6million. The UK soft drinks market grew 7.4 per cent in 2018. As well as Vimto, which was 110 years old in 2018, Nichols also owns Feel Good drinks, the Levi Roots brand, Sunkist and a range of frozen slushy products. Shares climbed 8.3 per cent, or 120p, to 1560p. |
Posted at 02/3/2016 11:10 by fbrj Mention on 27 Feb of NICL here - NICL target 1450p:Berenberg initiated coverage on the four UK mid-cap soft drinks manufacturers, highlighting a preference for Britvic and Nichols. “We feel this market is often overlooked by investors due to the lack of absolute growth in the end-markets. However, we believe these businesses score well on several elements relative to our broader UK mid-cap coverage.” The bank said they typically generate strong and stable margins driven by operating efficiencies, they can deploy capital on value-accretive M&A, and they have demonstrated a good level of success by UK and international expansion. It started Britvic and Nichols with a ‘buy’ rating and 850p and 1,450p price targets, respectively. The bank said its preference for these two was mainly due to a combination of a propensity for future EPS upgrades and reasonable valuations. On Britvic, it said EPS momentum was stabilising and there are several areas that could surprise to the upside, such as margin uplift from supply chain investment, Fruit Shoot’s move into the $2bn US multipack market, and the International division returning to profitability. “We believe these upside risks are not reflected in the current 14.3x FY 2016E P/E multiple, which makes the stock the cheapest among soft drinks peers and in the broader consumer sector.” As far as Nichols is concerned, it said recent acquisitions of Feel Good and Noisy Drinks have helped drive strong EPS momentum. In addition, the company generates much higher margins and return on invested capital than most peers. |
Posted at 26/7/2015 17:01 by philanderer Anyone know what 'corporate' rating means ?"Nichols plc (LON:NICL)‘s stock had its “corporate&rdq |
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