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NICL Nichols Plc

1,290.00
0.00 (0.00%)
Last Updated: 08:00:28
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Nichols Plc LSE:NICL London Ordinary Share GB0006389398 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1,290.00 0.00 08:00:28
Bid Price Offer Price High Price Low Price Open Price
1,255.00 1,315.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Btld & Can Soft Drinks,water 170.74M 18.36M 0.5034 25.63 470.58M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1,290.00 GBX

Nichols (NICL) Latest News

Nichols (NICL) Discussions and Chat

Nichols Forums and Chat

Date Time Title Posts
20/11/202400:51nichols break out-phew wot a scorcher!744
07/1/201319:29Is this about to be taken over?207
04/9/200417:39Anyone have views on Nichols?44
19/5/200410:35The Nichols(V) success thread9

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Nichols (NICL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-11-20 16:35:231,290.002,17628,070.40UT
2024-11-20 16:26:331,290.4031400.02O
2024-11-20 16:21:551,282.7547602.89O
2024-11-20 15:56:461,300.00678.00AT
2024-11-20 15:55:461,282.271,00012,822.70O

Nichols (NICL) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Nichols Daily Update
Nichols Plc is listed in the Btld & Can Soft Drinks,water sector of the London Stock Exchange with ticker NICL. The last closing price for Nichols was 1,290p.
Nichols currently has 36,478,934 shares in issue. The market capitalisation of Nichols is £470,578,249.
Nichols has a price to earnings ratio (PE ratio) of 25.63.
This morning NICL shares opened at -
Posted at 20/11/2024 00:46 by philanderer
Telegraph Questor Tip

19th november


'Why shares in Vimto and Slush Puppie maker continue to reward investors after 100 years'

A first-ever capital markets day from soft drinks specialist Nichols shows how this well-run business continues to develop, as management implements distinct strategies for all three parts of the company – packaged drinks for the UK market, packaged drinks for overseas markets and the out of home (OOH) segment, which serves the hospitality industry.

The roll-out of an SAP-based enterprise resourcing planning software supports a business transformation programme that should deliver ongoing productivity gains, to the benefit of margins, even as the company invests in its brand range, which includes Vimto, Slush Puppie and Levi Roots.

Nichols share price performance

The plan is to increase share in the UK market, which represents around half of group sales, accelerate growth in the overseas business, which generates a quarter of revenue (primarily from the Middle East and Africa), and work on costs in the OOH operation. The OOH business is already delivering here, as it ceases to supply unprofitable customers, improves procurement and targets cost efficiencies.

The key question for investors now is to decide whether Nichols can successfully deploy these strategies and in turn meet its medium-term financial goals. Chief executive Andrew Milne and the board are targeting a 30pc uplift in sales, an extra 250 basis points (2.5 percentage points) in profit margin and a 50pc increase in pre-tax income to £45m.


Assuming a 25pc rate of corporation tax and an unchanged share count, this implies an earnings per share figure of more than 90p and thus a forward earnings multiple of barely 14 times. That would look low for a business with an operating margin of 20pc, high returns on capital, a debt-free balance sheet and a record of consistent cash generation.

All of those facets underpin dividend payments. The 6.6pc forward yield for this year may be a little deceptive, as it owes much to the autumn’s 54.8p-a-share special payment, although that welcome sum takes the total banked since our initial analysis to 259.4p a share, with the prospect of more to come. Nichols can still reward patient support.

Questor says: hold
Ticker: NICL:AIM
Share price: £12.95
Posted at 13/11/2024 00:35 by philanderer
Nichols Plc NICL: Peel Hunt raises to buy from add.
Posted at 12/11/2024 13:27 by philanderer
NICL saving my portfolio from a total beating today.

Highest share price since july 2022.
Posted at 24/10/2024 15:56 by disneydonald
Traded out my short term bet, reasonable profit for a few weeks exposure. However, I am now regretting not holding a little longer as NICL trading update now scheduled on Investor Meet for Nov 7th. I suspect they have something positive to update the market on, and hopefully no misstep from Reeves regarding Business Relief should provide a fair wind for some share price recovery.
Posted at 24/9/2024 22:07 by essentialinvestor
Fair point

I would guess share price adjustments should have happened pre budget, but let's see.

NICL traded on a steep multiple previously when earning were growing at a clip, coupled with ZIRP.

Post ZIRP and with modest growth, 12-14 X seems reasonable?.
Posted at 20/9/2024 21:37 by disneydonald
Because NICL are AIM listed, and inherit the benefit of Business Relief, I was wondering whether they were suffering selling pressure from holders who are reducing the risk from potential adverse CGT budget changes.

Of course, if the family who hold around 35% of the shares may also be thinking the same, and some family members may be selling.

As for M & A activity, with the family holding 35% it is unlikely that NICL can be acquired without family accepting any offer.
Posted at 17/9/2024 11:46 by disneydonald
Well, NICL is a difficult stock to get into, or get out of. Wide spreads, and limited stock available means it can take a while for investors to build a stake, or off load a stake. If someone is reducing a stake this could depress the share price for weeks, or months, especially if no business updates or news expected from NICL.

Just have to swallow it with NICL, even though they are very profitable and generate good free cash flow it doesn't mean that the share price will be rerated any time soon.

However, all things being equal, IMHO NICL are worth holding / increasing (at around £10 / £11). Management now seem more inclined to return to previous years dividend payout strategy, and not hang on to too much cash pending potential acquisitions.

I think that you have to take a long term view of NICL.

Currently, the spread is as good as it get's. 1065 / 1075.
Posted at 05/9/2024 22:54 by philanderer
Telegraph tip...


Questor: We’re sticking with the maker of Vimto despite its 24pc share price slump

Questor AIM portfolio: an improving market position should prompt a share price recovery
Posted at 21/6/2024 08:10 by disneydonald
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.
Posted at 20/6/2024 08:58 by disneydonald
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.
Nichols share price data is direct from the London Stock Exchange

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