Nichols Share Discussion Threads

[philanderer] 07/10/2021 16:20

Yes, tempted to add a few but looking chartwise they may fall back to 1100p

[disneydonald] 07/10/2021 12:19

I suspect that the market is worried about logistics, and the ability to get the product onto the shelves. However, I haven't noticed any shortage of Vimto products in UK based outlets. There may be some issues with shipping overseas, due to shortage of containers and excessive pricing thereof. I suspect the market has over reacted, but I guess we will need to wait until the trading update to find out for sure. The CEO buying shares a week or two ago is a good sign though.

[philanderer] 07/10/2021 11:52

BERENBERG RAISES NICHOLS PRICE TARGET TO 1,350 (1,200) PENCE - 'HOLD'

[disneydonald] 29/9/2021 16:26

Pretty decent results from A G Barr. They say recovery in OoH channels going well, notwithstanding some supply chain friction, so no reason to assume anything much different with NICL OoH recovery. Just need to wait until next trading update for confirmation.In the meantime, if the spread ever narrows to 10p or 20p (which it does occasionally) maybe time to add a few more.

[philanderer] 22/9/2021 18:47

Chief Executive Officer, purchased 4,366 ordinary shares of 10p each in the Company ("Ordinary Shares") on 21 September 2021, at a price of 1,374 pence per Ordinary Share.

[wad collector] 10/9/2021 14:22

What is happening now , have they invented a new Vimto flavoured toothpaste or something?

[philanderer] 27/8/2021 13:57

Yes , it doesn't take many sells to push this one down as can be seen today again.

5 month low.

[disneydonald] 27/8/2021 12:39

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

[essentialinvestor] 21/8/2021 12:22

Big underperformance re BAG ?.


Worries that inflationary pressures may impact profitability in H2?.

[philanderer] 21/8/2021 00:45

Oh blimey 3800 , indeed I do. Sorry about that :-)

[3800] 20/8/2021 18:16

I rather hope you mean £12 philanderer

[philanderer] 20/8/2021 15:27

Looks to be heading back to 120p where there is some sort of chart support.

[philanderer] 13/8/2021 00:20

Yes, I've recently had a break on the south coast and the fish and chip restaurant had Vimto available :-)

[disneydonald] 12/8/2021 18:45

Well, they are definately pushing the brand into new and uncharted territory ! If it helps develop more general awareness outside the North, then that's no bad thing. Probably not my cup of tea (Hmmm, there's a thought maybe Vimto as a fruit flavoured tea ...), anyway we shall see how sales go.

As far as I can tell, anecdotally, Vimto seems to be selling well compared to its traditional competitors on supermarket shelves. Also, with many families staying in the UK for holidays and days out, Vimto OoH products should benefit and have a bumper period through summer, weather permitting.

[philanderer] 12/8/2021 11:30

And very nice it was too :-)

Iceland also had Vimto ice lollies on sale.

[philanderer] 11/8/2021 15:01

Bought the new Vimto cheesecake on sale in Iceland this morning :-)

[philanderer] 10/8/2021 14:45

Yes, I've seen the spread at 1400p - 1500p a few times recently but I would think you could deal well inside those numbers.

[disneydonald] 10/8/2021 10:44

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.

[philanderer] 28/7/2021 15:18

xd tomorrow morning for that 9.8p dividend

[disneydonald] 23/7/2021 09:04

Seems to be a shift in dividend policy, as they used to run pretty hot and pay out around 1.5 cover, but it now seems they are planning 2 times cover. They mentioned that this would help retain cash for acquisition opportunities. I guess we can assume they are positioning for growth again (and hopefully a growth rating in the market), rather than just an income stock as they have been for the last few years.

[philanderer] 21/7/2021 09:07

More than happy with that update.

[ygor705] 21/7/2021 08:51

I have made a lot of money out of Nichols over the years but am currently out. The most recent numbers are solid but annual eps is still going to be well below where it was in 2019 for some little time yet. Meanwhile the share price continues to run at £14+ which is too high for me.

[disneydonald] 21/7/2021 08:36

Decent set of results. Looks like sales building momentum, albeit with some cost and labour pressure. See how they go, and what management have to say later.

[philanderer] 20/7/2021 12:35

Hopefully tomorrows results will follow the BAG update today.

[philanderer] 15/7/2021 16:19

Bang on chart support, looking increasingly like 1200p to be tested .