Nichols Share Discussion Threads

[guernseymoney] 02/3/2016 21:45

Chuffed with the results. I got in a £12. Plan to hold this for a long time.

[fbrj] 02/3/2016 11:10

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.

[lobby ludd] 02/3/2016 09:56

Today: another set of cracking full-year results from the Purple Nectar.

[strollingmolby] 24/2/2016 09:43

The Vimto Caliphate

[robow] 11/12/2015 13:49

nice bowl forming on the chart

[philanderer] 30/7/2015 15:44

I`ve taken my profits today after a fine run.

Luck to all holders.

[philanderer] 29/7/2015 17:21

xd tomorrow morning for the 8p interim dividend


Investec downgrades from 'buy' to 'hold'........ increases target price from 1240p to 1500p

[philanderer] 27/7/2015 20:19

Hydrus ,I don`t think they give that information .

[hydrus] 27/7/2015 19:13

Anyone know what proportion of total sales and profits roughly Vimto contributes to Nichols? I'm assuming it's the vast majority of both but I can't see this in the annual report ( perhaps they don't disclose it)

[philanderer] 26/7/2015 21:01

Thanks guys.

[henchard] 26/7/2015 20:26

Corporate rating - N+1 singer is Nichols' NOMAD and house broker; therefore not independent. Something like 95% of AIM house brokers rate their clients a buy!

[hydrus] 26/7/2015 18:06

Ha I've wondered that before and come to the conclusion it means 'buy' but happy to be corrected.

[philanderer] 26/7/2015 17:01

Anyone know what 'corporate' rating means ?

"Nichols plc (LON:NICL)‘s stock had its “corporate” rating reissued by analysts at N+1 Singer in a research report issued to clients and investors on Thursday"

[lobby ludd] 25/7/2015 19:11

Yes, in contrast Barr's results the next day showed disappointing sales.

[ygor706] 24/7/2015 17:55

Good results given the market background. Yes, the share price does look expensive now but the fundamentals here are still largely unchanged. My own view has always been that some rich Arab will eventually step in to buy his favourite Ramadan tipple!

[philanderer] 23/7/2015 17:03

Yep, not a clever call that one :-)

Closing ath ...... 1364p - 1385p

[lobby ludd] 23/7/2015 12:10

9 Jan, 2015. Tempus in The Times, share price 987p.....'best avoid for now'. Increase in share price since, er.......39%.

[philanderer] 23/7/2015 07:49

The soft drinks group, which is headquartered in Newton-le-Willows, revealed that it had bought the Feel Good brand and plans to further develop the brand across its established UK and international markets supported by increased marketing resource and investment.

Feel Good's range of drinks, which contain no added sugar and 100 per cent natural ingredients, are sold in the UK through retail and on-trade channels as well as being exported to mainland Europe.

[cwa1] 23/7/2015 07:23

Results and acquisition:-

[philanderer] 15/7/2015 21:21

closing ath...1317.00 - 1327.00

1 week until interims.

[philanderer] 14/7/2015 16:28

Exactly , my favourite :-)

A few shares @ 1300p + being paid at the moment