Nichols Share Discussion Threads

[deanowls] 20/11/2020 13:15

It’s a one off year. I’d love a steep drop down.

[energeticbacker] 20/11/2020 12:22

Management currently expects adjusted profit before tax for the year ending December 2020 to be between £11m and £13m, a whopping 66% decline on the prior year. According to Investor's Champion the emphasis on ‘adjusted̵7; suggests the reported number will be even worse.

[philanderer] 19/11/2020 14:14

Vimto-maker Nichols reveals jobs at-risk as pandemic hits revenues HTTPS://www.standard.co.uk/business/vimto-maker-nichols-job-cuts-b73978.html

[3800] 31/10/2020 12:37

Yesterdays 20% price increase was rather out of character too for a company which is usually very boring.

[disneydonald] 30/10/2020 23:26

Well, I’ve been watching the trades over the last couple of months. Seems someone has been reducing, however last week more activity albeit with lots of small trades, which is unusual. Lots of “off book” trades also caught the eye. Maybe they will now build towards next trading statement, expected early January.

[philanderer] 29/7/2020 13:50

xd for the 28p dividend tomorrow morning

[philanderer] 28/7/2020 13:16

Questor : HOLD https://www.telegraph.co.uk/investing/shares/questor-aim-quoted-firm-can-cornerstone-portfolio/

[disneydonald] 22/7/2020 12:24

Given the situation, decent results. We should be able to recover back into the mid teens over the next couple of months. Plenty buying today so far.

[philanderer] 07/4/2020 13:16

Questor: Nichols is one of London’s 200-odd dividend cutters but is still worth holding Questor share tip: the drinks maker’s net cash, brands and ‘capital-light’ business model should see it through https://www.telegraph.co.uk/investing/shares/questor-nichols-one-londons-200-odd-dividend-cutters-still-worth/

[davebowler] 31/3/2020 16:33

HTtps://masterinvestor.co.uk/financial-news/markets-sweeten-a-little-on-nichols/?

[davebowler] 09/3/2020 13:41

Plus it gives immunity from all viruses......

[justiceforthemany] 28/1/2020 18:34

AG Barr up 15% today. Hopefully Nichols can do the same. Nichols has a superior equity ratio, net cash and a lower P/E.

[essentialinvestor] 15/1/2020 12:26

Winding up for a move?

[justiceforthemany] 14/1/2020 20:49

These types of shares with great balance sheets usually trade on 25-30x earnings. Saudi Arabia/UAE is a small fraction of their revenue. Nichols actually has a far better balance sheet than AG Barr.

[essentialinvestor] 14/1/2020 18:37

They had net cash last time I looked, circa £30 million?. You could make a case the shares are not particularly cheap, but in the context of current market valuations the rating looks reasonable to me. The share price is given to fat % moves in either direction. It's around a level NICL has bounced from previously.

[justiceforthemany] 14/1/2020 17:44

Very good equity ratio of 4 and low debt. Annual pre-tax profits of c.£31M wipe out total debt/liabilities of c.£29M. P/E ~ 20.

[essentialinvestor] 14/1/2020 13:55

Added another few.

[essentialinvestor] 10/1/2020 20:19

Yes, agree it's a good point. And congrats.

[rustwood] 10/1/2020 19:26

I'm with Saurish on this. Ramadan is a time when a few bob extra on your favourite drink is peanuts within the context of the whole celebration. Given 80% sales during this period I can't see it as having huge impact on overall sales. I've been long term holder of these since about £1.20 a share so they've paid for themselves in divi alone. BIG fan of Nichols. Keep the faith.

[essentialinvestor] 10/1/2020 09:59

Just for clarity, if Nichols made the margin I've assumed on that calculation across the rest of the business, they would make £110 million plus on pre tax annually. I've attempted to allow for as much reasonable downside as can be factored in, at least on my way of looking at this. Just imv.

[essentialinvestor] 10/1/2020 09:34

Only £7 million on annual revenue in SA and the UAE. So doing some very rough estimates - for the sake of argument let's assume those sales are incredibly profitable and give a pre tax of say £5 million and they subsequently lose over 50% of that, take off £3 million. That's a shortfall of £3 million on £30 Million plus pre tax Material yes, but in the context of total profitability it's minor. Would stress the above is very much a case of imv only, please DYOR, as always. Https://www.arabianbusiness.com/video/420078-video-why-people-drink-vimto-at-ramadan

[saurish] 09/1/2020 15:45

Bought a few today. Good update. Glad to see growth in UK given challenging christmas period for the supermarkets. UAE 50% levy a concern going forward however IMHO the board is preparing the markets for the worst. With 80% of the sales coming in the middle east during festive Ramadan period the hit should be marginal IMO. Not a lot of people think about the sugar content or spending a little extra during these times! DYOR.