Nichols Share Discussion Threads

[philanderer] 29/4/2022 11:09

Nichols is a defensive pick for Berenberg

Beverage group Nichols (NICL) is benefiting from market momentum and is a defensive pick in a challenging market, according to Berenberg.

Analyst Ashton Olds retained his ‘hold’ recommendation and target price of £13.25 on the maker of Vimto, which fell 3.2% to £13.05 on Thursday.

He said a first-quarter update ‘highlighted prevailing momentum in the UK market and provides a positive read-through to the broader soft drinks sector’.

‘A buoyant sales performance, underpinned by distribution growth and market share gains, has offset incremental cost inflation,’ said Olds.

‘Off the back of this performance, we have left our operating profit expectations broadly unchanged. We remain “hold”-rated on Nichols given its premium valuation to UK soft drink peers but view it as a defensive exposure in a challenging equity market.’


citywire.com

[philanderer] 27/4/2022 10:09

it's everywhere .."significant inflationary pressure" .. and down we go.

[philanderer] 26/4/2022 13:57

Maybe a trading update with the AGM tomorrow ?

[philanderer] 13/4/2022 00:24

Nichols plc launches Vimto innovations & Big Cash Giveaway promotion this spring

[topvest] 31/3/2022 21:52

Yes, absolutely. A really good company this one!

[disneydonald] 31/3/2022 19:31

Good to see the CEO and CFO buying some shares with their own money (i.e. not management incentive plan).

[philanderer] 23/3/2022 15:37

xd tomorrow morning for the 13.1p dividend


Another two litre bottle of vimto squash for me this morning, usually £3 reduced to £2 :-)

[topvest] 13/3/2022 12:00

It's a great little company this one. I'm happy to hold what I have left here. The big positive versus BAG (which I also hold) is that this has real overseas growth potential.

[wad collector] 12/3/2022 09:39

IC says hold , awaiting their Out of Home review , hit by the outlet covid closures. I see that the Vimto squash now outsells the carbobated.25X prospective P/E.

[justiceforthemany] 03/3/2022 12:57

Sold out this morning at a 20% profit.
P/E is around 30 which I can not justify.
Dividend is also poor yielding 2%
I thought the statement yesterday had a negative undertone also re: business today vs pre pandemic.
AG Barr looks better value.

[philanderer] 02/3/2022 10:59

Happy to hold.

[philanderer] 25/2/2022 11:55

Prelims next wednesday

[philanderer] 23/2/2022 16:07

Bought two 2L bottles of Vimto squash 'on offer' in Sainsbury's for £2.00 this morning.

Only one left there now :-)

[justiceforthemany] 16/2/2022 15:34

Spread of 100p
Ridiculous

[philanderer] 15/2/2022 16:15

Prominsing, just seen a 1500p AT buy.

[philanderer] 01/2/2022 11:07

Read across from a solid BAG update.

[justiceforthemany] 19/1/2022 16:08

The spread here is frankly ridiculous. Poor performer for a while now.

[justiceforthemany] 06/1/2022 16:33

Despite buy back continues to be very volatile

[philanderer] 05/1/2022 01:27

A firm start to 2022 :-)

[disneydonald] 15/12/2021 08:37

Hmmm, around £6m to be allocated to SAYE and LTIP pots. Hope they can deliver similar benefits to the shareholders, maybe a special dividend of similar amount. That would approximate a special of around 16p per share.

Giving them the benefit of the doubt, current trading and the prelims due in a few weeks must be solid to make this announcement now.

Although it's interesting that NICL have chosen to buy shares from existing issued capital, rather than issue new shares for SAYE and LTIP obligations. Maybe the family does not want any dilution, can't remember the last time NICL issued any shares.

Either way, we should benefit from a steady buyer supporting the share price.

[justiceforthemany] 14/12/2021 14:14

No evidence of the share buy back yet

[justiceforthemany] 09/12/2021 14:34

FCA please investigate how this share trades!
Opened at 1400p!

[justiceforthemany] 08/12/2021 20:44

Spread is 5%...beta according to FT is low at 0.5
Clearly wrong as this moves up and down like a miner.
Not a very 'liquid' share and seems very little interest in it which is strange given free float % seems high.

[philanderer] 08/12/2021 18:41

That's some fall today on just 14,000 shares traded .

Worth keeping an eye on any delayed reporting from trading today, in the next couple of days, for a larger dump of shares.