Nichols Share Discussion Threads

[philanderer] 26/7/2023 12:45

dD , a good summary.

I'm happy to hold what I've got.

[disneydonald] 26/7/2023 10:06

Well, we now we know the King had no clothes ... Now results segmented on business unit rather than product type we can see that the OoH business is barely profitable, and this is after the big write down last year. So, hopefully we can now move forward and focus on the packaged business (Both UK and International) driving forward with good gains not being diluted by OoH (see what I did there ).

Hard to see any stellar gains in the share price at the mo, with relatively flat earnings, dividend growth steady but nothing special forecast. They could always pay a special dividend from the cash pile if no "acquisitions" in the pipeline, although I worry about acquisitions given the past record and subsequent write downs in the OoH business.

Would be interested to know what the strategic position is re OoH; just don't lose money, clean it up and offload (if that's possible given the need to control and manage the Vimto brand), wind it down to minimum footprint offloading all non "Vimto" products, focus on expanding the royalty side of the OoH business as that would be asset light.

[philanderer] 26/7/2023 09:59

Massive interest ...... 617 shares traded ;-)

[philanderer] 26/7/2023 09:01

Ticking along

[philanderer] 26/7/2023 00:17

Hopefully a good omen tonight with a very catchy Vimto advert on ITV2 after Family Guy ;-)

[philanderer] 25/7/2023 10:17

Interims tomorrow

[philanderer] 05/7/2023 14:47

Bit of buying interest today , 15k printed so far.

...tighter spread 1,025.00 - 1,040.00

[philanderer] 04/7/2023 10:39

Getting fed up with messing about with the spread , 940p - 1010p why ??????

[philanderer] 03/7/2023 10:46

And relegated to the bottom shelf in my Sainsbury's with no discounted price anymore.

[philanderer] 30/6/2023 10:33

Definitely.

Gone right down the cr@pper.

950p - 978p

[sleepy] 28/6/2023 15:47

Is it time to rename thread - Phew NOT a scorcher

[philanderer] 28/6/2023 13:54

1000 sell @ 984p

[sleepy] 10/6/2023 11:50

Actually purchase of 3k shares at 983p

[disneydonald] 10/6/2023 05:18

Seems the non Exec Chairman (Lady) purchase of around 30k shares has had a positive effect. Once they get the OoH business sorted and on a even keel (not losing money), then the main Vimto packaged business should. be able to drive things forward. Of course it would help if a new CFO gets appointed soon(ish), to help stabilise the core management team

[philanderer] 26/5/2023 22:02

Non exec purchase of shares.

[justiceforthemany] 25/5/2023 21:10

Yet another stock at multi year lows.

[philanderer] 04/5/2023 10:49

Dividend paid into ii account this morning :-)

[philanderer] 02/5/2023 15:40

Maybe more than one.

[philanderer] 02/5/2023 14:28

Big seller about today.

[philanderer] 26/4/2023 12:44

No surprises in the update.

[philanderer] 22/4/2023 00:16

Just seen it. No idea either.

[coolen] 21/4/2023 22:15

Anyone else confused by the reason behind today's RNS re the cancellation of share options ?

[wad collector] 19/3/2023 10:33

Xd 15.3p this week.

[philanderer] 14/3/2023 11:28

Telegraph - Questor


Vimto maker’s bubble has been burst by rising input costs but it still holds long-term appeal

Questor share tip: supply chain overhaul at drinks company Nichols is expected to deliver margin and profit improvements in 2024 and beyond

Despite the impact of a war in Yemen, a key market, and the UK’s sugar tax, Nichols recorded a new peak in net profit of £26.5m in 2019, only for Covid, lockdowns, carbon dioxide shortages and then rising input costs to slightly burst its bubble.

One result of that is a paper loss since this column bought in January 2018, partly ameliorated by 161.5p a share in dividends (once last year’s 15.3p final payment arrives in May) and mainly this column’s fault for paying 20 times that peak earnings figure.

However, the latest results at the start of the month still show a double-digit return on capital employed and a net cash balance sheet, both of which are more than enough to keep us interested.

That said, shares in the maker of Vimto and Sunkist may not roar away, given management’s forecast of flat profits in 2023, as weakness in the domestic out-of-home market offsets strength overseas. But 2022’s £2m strategic review is leading to an overhaul of supply chains and the out-of-home business, which management believes will lead to margin and profit improvements in 2024 and beyond.

In the meantime, shareholders can take comfort from the balance sheet, collect their dividends – and wait. Nichols still has long-term appeal.

Questor says: hold

Ticker: NICL

Share price at close: £10.78

[philanderer] 08/3/2023 00:31

Nichols plc launches consumer favourite SLUSH PUPPiE in new FIZZiE format