Nichols Share Discussion Threads

[justiceforthemany] 25/7/2024 15:04

Added.
70 odd pence in dividends next week.

[disneydonald] 25/7/2024 00:04

All good. I get the feeling that the last few years of indifferent performance from management (persevering with OoH business over many years without breaking out profitability / loss), coupled with external shocks (Covid), are in the rear view mirror. Hopefully will get back to steady earnings growth and a rerating.

See what Market Analysts make of the interims, over the next few days.

[wad collector] 24/7/2024 22:50

And your share price guess was right!

[philanderer] 24/7/2024 13:33

Yes, very good news.


"The company has begun trading in Q3 positively and in line with management expectations. Reflecting the progress made in H1 and underpinned by the group's ongoing focus on driving margin improvement, the board now expects to report full year adjusted profit before tax slightly ahead of current market expectations." It puts market expectations for adjusted pretax profit at GBP28.8 million.

[justiceforthemany] 24/7/2024 12:43

Further special dividends and buy backs now possible. Cash should remain above £50M.

[philanderer] 24/7/2024 09:57

Excellent.

Saved my portfolio this morning :-)

[justiceforthemany] 24/7/2024 07:38

Should have included a buy back as well.

[gripfit] 24/7/2024 07:27

Nice special divi … lovely jubbly

[justiceforthemany] 23/7/2024 14:00

Strong results from Coca Cola.

[philanderer] 22/7/2024 14:21

Interims wednesday

[philanderer] 12/7/2024 14:20

1015p - 1070p :-D

[disneydonald] 08/7/2024 22:52

Interesting given Labour are making noises regarding changes to the advantages of business relief for AIM listed companies. NICL, was originally listed on the FTSE 100, and many years ago decided to move to AIM, I assume that was to do with family tax planning. Family control around 35% of the shares.

Given that the company has indicated that they are reviewing options to release cash to shareholders, and I assume NICL family interest re potential reduction / removal of business relief, maybe the business might be due for significant review. Possible sale of the business ?

Not too long and we will hear what is said at interims, and maybe NICL is in play. Of course I might be way of the mark.

[cfro] 21/6/2024 17:44

Just wondering what everyones expectations are for the special dividend (if there is to be one) ?

Any guesses anyone..

[justiceforthemany] 21/6/2024 12:26

Net cash of £70M or so here?

[philanderer] 21/6/2024 09:58

Agree, but good to see the spotlight on the sector.

[disneydonald] 21/6/2024 09:10

Was looking to pick up a few more, first thing, however around 11K went through in first couple of minutes lifting the share price and widening the spread. Interesting.

Maybe because Britvic has just refused a second bid, and there's some sentiment spillover into NICL. Although any acquisition of NICL will likely require the family's approval, as they speak for around 35% of the shares.

[disneydonald] 20/6/2024 09:58

Still plodding along, picked up a few more first thing at 986p. Guess we'll just have to wait until interims update before any potential impact on share price. Hopefully, we should get an update on distribution of excess cash to shareholders, and what form that might take.

Been surprisingly calm last six months, slight uptick a few months ago but drifted back down again. Personally, I believe something is afoot to impact / suppress share price the last six months given the general market bullishness. Maybe it's a family member who left the business end of last year selling down their holding.

[markatkinson] 06/6/2024 09:44

Having been on my watchlist for many years I have finally opened a position in Nichols (NICL ) and my very dear friend Paul Kerin and I cover this in the forthcoming episode of the ‘Desert Island Investor’

You can subscribe here for notification -

[philanderer] 28/5/2024 10:40

Fiddling about with the spread again with no volume.

[philanderer] 17/5/2024 23:39

EI , excellent :-D

[essentialinvestor] 17/5/2024 17:54

Researching Vimto Energy last night and came across it.

[3800] 17/5/2024 17:47

I have to say it wasn't how I imagined you to look EI.

[essentialinvestor] 17/5/2024 11:41

Speaking of Vimto Energy, I did a brief video review on this product