Nichols Share Discussion Threads

[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.

[stockstracker] 13/1/2020 21:46

New 52 Week Closing Low today: #JOUL #OBC #SEFA #NMC #MPL #NICL #INTO #ARIX #HUR #INTU #SIS #EMH #UVEL #EVG #STAF ...https://t.co/ILp9E4F8mN

[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.

[essentialinvestor] 09/1/2020 14:25

Had a small amount.

[essentialinvestor] 09/1/2020 13:10

Beginning to look interesting?.

[kb267] 23/12/2019 09:32

Seems to be a bit of an overreaction.

[topvest] 23/12/2019 08:22

Not great news for next year. It looks like they make a very high return on the Ramadan concentrate sales. I'm sure they will bounce back from this and adapt. It seems to be just on non-carbonated drinks which is odd!

[davebowler] 15/2/2019 15:18

HTTps://www.insidermedia.com/insider/national/vimto-ceo-calls-for-connectivity-investment?utm_source=northern_powerhouse_newsletter&utm_campaign=northern_powerhouse_news_tracker&utm_medium=top_story_article

[davebowler] 10/1/2019 09:58

httPS://www.telegraph.co.uk/business/2019/01/09/vimto-supply-safe-brexit-says-nichols-sales-sparkle/amp/?WT.mc_id=tmg_share_tw&__twitter_impression=true

[philanderer] 10/1/2019 00:26

Stock Watch - Nichols Investors 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. https://www.dailymail.co.uk/money/markets/article-6574863/MARKET-REPORT-Investors-tune-ITV-amid-hopes-soon-sign-new-deal-Sky.html

[gripfit] 26/10/2018 14:49

did you tell everyone to sell DAVID ?? LOLOL

[gripfit] 12/10/2018 12:00

david dosh,,,, what have you done to the share price with your presentation

[davidosh] 23/9/2018 00:10

The full line up for my Mello in the City on Tuesday at 11am will be PTSG, Dominos Poland, Nichols, Fulham Shore and Judges Scientific all presenting for 40 minutes with lunch and drinks included. I have six places left so reserve a place via Http://www.freesharedata.com/mello

[philanderer] 01/5/2018 11:23

And again today :-) Questor: Nichols is no bargain but it has a long record of growth in profits and dividends https://www.telegraph.co.uk/investing/shares/telegraph-questor-share-tip-hold-nichols-devro-royal-dutch/

[philanderer] 29/1/2018 20:28

Questor: if you’re looking for quality, Vimto maker Nichols looks set for another purple patch http://www.telegraph.co.uk/investing/shares/questorif-looking-quality-vimto-maker-nichols-looks-set-another/

[gripfit] 19/12/2017 08:17

great...................................................