Nichols Share Discussion Threads

[topvest] 01/3/2023 09:41

Results are very good. Weakness is due to a more challenging FY23, before improvements again in FY24 I suspect.

[justiceforthemany] 01/3/2023 09:28

Raised dividend. Results seem decent enough?

[justiceforthemany] 23/2/2023 16:30

Look to be some decent buys today.

[philanderer] 22/2/2023 23:49

Good offer in Sainsbury's this morning, 2 litre bottle vimto cordial £2, reduced from £3

[justiceforthemany] 17/2/2023 21:36

Would make a great acquisition for someone.
No debt, net cash of c.£50M
Hard to believe this was trading north of £18 in 2019. Half price now.

[essentialinvestor] 17/2/2023 16:56

That would take a very large sum

What the market may want to see is a longer term growth plan clearly outlined.

[justiceforthemany] 17/2/2023 16:39

Needs to be taken back private. Holding family can't be happy at half the price it used to be pre-Covid.

[philanderer] 17/2/2023 14:40

Sales at 976.88p showing.

[justiceforthemany] 07/2/2023 11:07

1070 paid.

[deanowls] 05/2/2023 06:58

Ramadan the last couple of years has been impacted with covid and the restrictions on mixing, I would expect to see an overall boost this year.

[essentialinvestor] 04/2/2023 14:53

Africa is the big potential market I would guess.


justice, with respect that should be the the case every year
and as such is in forecasts.

Cost inflation impacting margins perhaps their current big challenge.

[justiceforthemany] 04/2/2023 13:22

Ramadan starts next month. Should drive sales.

[topvest] 03/2/2023 18:55

I hold this, BAG and BVIC. Prefer NICL over BAG that's for sure, but the price of BAG is doing better. BAG seem a bit of a one trck pony - IRN BRU in Scotland. This is an international business exposed to the Middle East etc. Much better growth prospects.

[philanderer] 03/2/2023 14:36

Afternoon EI , agree with that. I also hold NICL, DGE and BAG

edit: hold BVIC as well :-)

[essentialinvestor] 03/2/2023 14:04

Phil, thing is NICL is still on a similarISH forward multiple to DGE! and Diageo is growing earnings at a clip.

For years NICL was a high growth business
and atm it's no longer the case.
With their previous growth the rating was arguably justified.

The possible bullish case is they reignite growth and the Vimto brand is likely worth more to a larger sector player.

I hold DGE and NICL. But attempting to be realistic.

[wad collector] 03/2/2023 08:37

TU "In line" though looking at the share price rise, perhaps better than that...

[philanderer] 03/2/2023 00:55

Agree.

NICL now the smallest holding by value in my portfolio. Tempted to add but may wait a while.

[justiceforthemany] 02/2/2023 17:02

2014 levels. Possible support at 975p. Still a quality company with a healthy net cash balance. Seems overdone but perhaps insiders know more? I did say the last RNS did not read great but still did not expect this.

[philanderer] 02/2/2023 14:51

Vimto cordial 1 litre (all flavours) offer price £1.50p reduced from £1.80p in Sainsbury's yesterday . Shelves full.

[justiceforthemany] 02/2/2023 12:38

Lowest price in years.

[philanderer] 02/2/2023 11:03

Sale @ 984p

[philanderer] 01/2/2023 00:20

Bang on chart support from march 2020 ...........next support looks to be 860p from december 2014.

[justiceforthemany] 31/1/2023 10:45

AG Barr positive update today profits ahead of forecast

[philanderer] 25/1/2023 13:26

Berenberg cuts Nichols price target to 1,100 (1,325) pence - 'hold'