Nwf Share Discussion Threads

[nocton] 02/1/2025 08:49

TY, Santangello. But not really a "penny stock"!

[santangello] 01/1/2025 10:58

From fool.uk:

'By Christopher Ruane.

As a shareholder in NWF (LSE: NWF), I have scratched my head at the penny stock’s dismal 2024 performance. Does the market just not see the value I do? Might it see a value trap?

Yielding over 5% and with a price-to-earnings ratio of 8, the shares look like a bargain to me. It has a proven business model selling products to an established customer base. Competition is limited.

Yes, the profit margins are thin: NWF made less than £10m last year on sales of £951m. So, risks like oil price volatility are significant ones for the company.

But while the margins are thin, this is a consistently profitable company with a customer base set to keep needing what it sells. NWF’s cash generation supports a generous dividend.

Even after capital expenditure including building a warehouse, it ended its last financial year with net cash of £10m, over a seventh of its current market capitalisation.

Christopher Ruane owns shares in NWF.'

--------------------------------------


Following a kind nudge by Jeff H, I hold and continue to add NWF.

[sphere25] 16/12/2024 15:52

Looks cheap.

That note has certainly stirred some interest. Clearly they have to perform and hit the numbers, but this is an illiquid sort that could get moving ahead of the next trading update. Could be an acquisition announcement too.

Some decent exchanges today. It looks like someone is in the market mopping up in size at 154p and some buyers have noted that. So these buyers must believe the forecasts will be met and the price will get re-rated.

Do you know when you've stuck a share on the watchlist, but haven't had chance to get around to looking at it properly.....and then.... this type of action starts....where you're sat looking at the trades and chart and thinking....could I miss out on at least a short term opportunity here?

Well I have bought a speculative position on that basis.

Exit if goes stale and farts about here. That should then give time to look at it.

Hopefully nobody bids it up ha

Clearly if they hit their forecasts next year, then it should get re-rated...surely?

If it goes stale, probably just wait for the next update. Maybe it just goes 155p-160p and they hold it there if there is no buying on top of this bout - not sure.

It is that quiet time of the year too.


All imo
DYOR

[crumppot] 16/12/2024 12:14

Cfro. What makes you think they have had interest in them?

[cfro] 16/12/2024 11:46

I am not surprised the broker is saying "buy" and highlighting the value here.

Looking out to 2026 this is on a PE of a little over 7 with a dividend yield of 5.5%. Net cash is forecast to be £15.7m by then. This is way below their historic average which is more like a PE of ten, so just too cheap even for a slow-growth boring old distributor ..

If the valuation stays this cheap for too long it would never surprise me if there wasn't a bid for them. I think they have had interest in them in the past so you never know.

[9degrees] 16/12/2024 09:02

a buy from citywire

[ntv] 13/12/2024 06:44

The TU seemed reasonable to me
So sticking with them

[c3479z1] 21/11/2024 15:39

'IHT on farms to pay for the NHS'
'only 500 farms likely to be caught every year'

so, if each of the affected were to pay £1m, which is a figure that's probably too high, then that would raise £500m, scarcely enough to fund the NHS for 17hrs?
therefore a politically motivated attack on landowners and property....aim to fund public sector pay rises to keep those workers sweet, voting for a Labour admin at the next election

[c3479z1] 17/11/2024 22:34

seems the numerous labour MPs representing rural constituencies for the first time ever are hearing plenty of discontent from their constituents; the IHT raid in the budget has gone down worse than any other single measure including the raid on pensions.
would be surprised if the gov't changed its approach on the farming IHT, sadly.

[cfro] 04/11/2024 11:41

There are many ways around the problem like split-ownership (as mentioned above) also selling off parts (to pay IHT) and becoming more efficient with a smaller farm.

Where i live any smaller farms that come onto the market are instantly snapped-up by either much larger corporate farmers or the entrepeneurial farmer with ambitions to grow.

This gov IHT decision will make no difference to NWF in fact i hear there are protests planned by the farmers so it may well get over-turned.

[c3479z] 04/11/2024 10:44

think you may be right but the competition to buy farms or forests that come on the market and there may well be more of them, could be less so capital values may decline?

[c3479z] 04/11/2024 09:54

adverse impact of budget will be farms being divided into smaller and smaller units over time as in Ireland North and South, less economically efficient units with adverse impact on the rural economy. How the farmers of rural constituencies including nw Norfolk and Cambridgeshire constituencies must regret the election of a Labour gov't.

[wad collector] 01/11/2024 18:49

Tipped in IC this week suggesting the worst is behind NWF.

Mind you that didn't mention the IHT rule change which is clearly going to give farming a kick.

[cfro] 29/10/2024 15:53

Small director buy. (Seems a good price entry point to make a maiden purchase).

[wad collector] 26/10/2024 20:39

XD next week 7.1p

[ntv] 27/9/2024 08:18

I think the dividend history here makes this a buy around this price

[cfro] 14/8/2024 15:01

Nice vote of confidence from the Non-exec Amanda Burton.

[tomps2] 31/7/2024 13:00

NWF Group (NWF) Full Year 2024 results presentation - July 2024

NWF Group CEO, Chris Belsham and CFO, Katie Shortland present the groups results for the year ended 31 May 2024.

Watch the video here:

Or listen to the podcast here:

[topvest] 31/7/2024 11:25

Anyone watch the results presentation?

[topvest] 31/7/2024 11:06

Another cut in FY25 EPS from 19.4p to 17.8p. Explains the current weakness in the price, I suppose. Was originally 22.5p so down 21% now.

[thebd11] 30/7/2024 15:44

According to their presentation they have existing depots in Redruth and Yeovil, but yes, the density there is a little less than the rest of the West certainly...