Nichols Share Discussion Threads

[shuisky] 27/1/2011 01:25

Who knows?

You can't let the short term price movements push you around into buying/selling a stock.

[panachegrp] 26/1/2011 11:50

and the reason for the dip??

[shuisky] 26/1/2011 08:46

Finally had its dip, so I picked some up!

[ygor705] 07/1/2011 13:37

Given the track record and prospects here I would expect the share price here to start discounting future potential by trading above the level justified by near term earnings ie it will start to act more like a tec share. On that basis I think that £6 is achievable at some point this year. If you don't believe me have a look at the chart............a near perfect Gann Fan positive trend - with a little catching up to do. Just topped up at 491p.

[shuisky] 07/1/2011 11:19

Yep and re the earlier link, you have to consider that the forecasts look to be a little light

[topvest] 06/1/2011 21:59

Great news - they are getting some very good sales momentum here. A fantastic little company.

[shuisky] 06/1/2011 18:14

Update on earnings found here, plus link to previous article...



Looks like those broker forecasts are a bit too conservative!

[bones] 06/1/2011 16:54

"In overall terms we expect the Group's profitability for the year to 31 December 2010 to be significantly ahead of last year and ahead of current market expectations."

Whichever way you cut that statement, this share can only go one direction and amazingly the price is little further ahead than it was in September. Good opportunity I would say, so I bought in today.

[ygor705] 06/1/2011 14:15

I think that this one will push on through £5 in fairly quick order now.

[nellie1973] 06/1/2011 13:25

Broker upgrade

[shuisky] 06/1/2011 11:39

Rev's ahead but margins only in line. I suspect rising food costs (sugar etc) have held back margin expansion. Otherwise an excellent statement.

[bones] 06/1/2011 11:12

Davebowler, I assume that was published before this morning's bullish statement? They quote the closing price last night but must assume they were tipped the wink by the management?

525p forecast seems out of date already. Can't see this stopping for a while on the back of the statement which exudes unadulterated positivity!



Pre-Close Trading Statement:

I am pleased to report the excellent trading performance seen in the first half year has continued into the second half of 2010. This has been achieved against very strong comparatives in 2009.

Full year 2010 revenues are once again well ahead of our internal plans, with operating margins that will be in line with plan. The Group's balance sheet has been strengthened and underlying cash generation will also be ahead of expectations.

In overall terms we expect the Group's profitability for the year to 31 December 2010 to be significantly ahead of last year and ahead of current market expectations.

Board Changes:

Mr Eric Healey (aged 62) has been appointed to the Board as a Non-Executive Director and he will chair the Audit Committee.

Eric was previously a Senior Audit and Independent Review partner at Grant Thornton LLP, and chair of its Audit Committee. He will be replacing our current Non-Executive Director, John Bee, who has served since 2002 and has stepped down to enable the Board to be refreshed in line with 'Best Practice'.

Commenting John Nichols, Non-Executive Chairman, said:

"On behalf of everyone at Nichols, I would like to place on record our sincere thanks to John Bee, who has been an excellent member of the Board and we all wish him and his family well in his retirement".

"I would also like to take this opportunity of welcoming Eric Healey to the Board and we look forward to working with him in his new role".

[ygor705] 03/12/2010 17:50

More background below:-

[ygor705] 03/12/2010 17:40

Boost in sales triggers Vimto's expansion plans

Tuesday, Nov 30, 2010

Gulf News

Beverage brand to expand in Iran, Egypt and Iraq

Dubai A staple on dining tables around the region, the beverage brand Vimto is working on a major bottling capacity expansion in Iran, Egypt and Iraq.

Aujan Industries, the Saudi company which makes and distributes Vimto, decided to go for the additional capacities based on strong demand.

Vimto's international sales were up 38.6 per cent last year driven mainly by higher demand in the Middle East, Africa and Eur-ope. Within the region, the highest sales have been in Saudi Arabia and the rest of the region.
"What's the use of extending ou distribution if we can't supply?" said Adel Aujan, chairman of Aujan IndustriesAujan Industries. "We want to bolster manufacturing capacity in our plants to meet those demands and introduce manufacturing facilities to Tehran in 2011 and - when the security situation allows us - in Iraq as well."

In the UAE, the company operates a $55 million (Dh201 million) plant at Dubai Investments Park. Aujan IndustriesAujan Industries is the largest privately-owned independent soft drink and confectionary manufacturer in the Middle East with a turnover of $750 million.

Vimto holds 90 per cent of the cordial drinks market and has seen steady growth even during the downturn. The foundation for all of this was laid in 1928 when the Saudi firm tied up with Nichols, a UK-based soft drink manufacturer, to distribute Vimto.

"We were very adventurous for those times; India was part of the British Empire so the very first shipment was to India," said Aujan. "We ordered 50 cases which were shipped via wooden dhows from Manchester to Bombay [Mumbai], then to Bahrain which at the time was the principal port in the Gulf."


First for market

Its popularity, so to speak, has only grown with time. Last year over 20 million bottles of Vimto were sold in the GCC.

"The drink has a very traditional taste - during the 1920s to 1940s there wasn't any cordial drink on the market," Aujan said.

"People used to make all their drinks at home. This was the first readymade drink available and in those days it used to be a year-round drink."

Aujan started local production more than 25 years ago with a plant in Dammam in Saudi Arabia. The carbonated version was introduced in the 1980s and the product range has now grown to include a ready-to-drink carbonated drink in cans and PET bottles with easy open/close caps.

Recently, they introduced a cherry-flavoured version which has proved popular in the UK. Over the years, the drink has been adapted to suit changing consumer tastes.

"The consumer is becoming more health-conscious, so to suit the times we have increased the juice and vitamin C content," said Aujan.

JAVED NAWAB/Gulf News

In demand

Adel Aujan, Chairman of Aujan IndustriesAujan Industries, says Aujan decided to go for additional capacities based on a strong demand.

[ygor705] 26/11/2010 11:26

Bought a few more this morning. I thinks this outfit is firing on all cylinders at the moment and the sales into the Arab world will not go unnoticed.
BAG may live to regret not taking these people out when they had the chance.

[ygor705] 24/11/2010 20:12

Good link Shuisky. My own view is that it will not be long before this Manchester-based company starts to attract the attention of Middle Eastern investors and goes the same way as Manchester City football club. The share price performance has levelled out in recent weeks but I think that it won't be long before the upward trend is resumed.

[shuisky] 24/11/2010 17:29

Phil and others,

Try this write up here

[philprofit] 20/10/2010 20:36

Anyone Help?
As I'm to new investing- can anyone provide any insight in the following on Nicohls Plc:

Is the value already in the Share Price?

Having researched the business, the fundamentals look very strong ; and future prospects look "potentially" good.... I just not sure I can where the next uplift in Share Price would come from.

(But as I'm pretty new to this- might have got the above wrong)

Any help is much appreciated.

[ygor705] 18/8/2010 17:45

Heave ho and up we go...........this share price seems to be doing its own thing.

[ygor705] 05/8/2010 23:56

Cambium.................must happen at some point and BAG still the most logical predator. Glad to hear that it still makes economic sense for them. Meaanwhile, enjoy the ride!!!

[cambium] 05/8/2010 16:20

ygor, BAG could still take them out at this price and it be earnings enhancing immediately.

[topvest] 04/8/2010 22:06

What a terrific chart from £2 to today.