Nwf Share Discussion Threads

[cambium] 30/7/2009 09:06

I read that too this morning chadders, compelling hey!

[chadders] 30/7/2009 09:03

Questor urges all readers to consider investing in food, soft commodities and the logistics supply chain that transports food from farmer to consumer. The fundamentals of supply and demand are utterly compelling.

[ellemaitch] 30/7/2009 07:39

yeah , alledgedly losing lots of customers as their credit insurers are reducing cover !!!

[chadders] 29/7/2009 19:28

We know the results are going to be good so just for fun I'll take a stab at the numbers. £410 million turnover, operating profit of 11 million, net debt down to 23 million and full year divi of 5p. Anyone care to better that?

[cambium] 28/7/2009 13:36

go, how about that for timing LOL

[cockneyrebel] 28/7/2009 10:32

Creeping up Cambium - results not far away and they've said they are significantly ahead - should be interesting - directors backing it with their own buying.

CR

[cambium] 28/7/2009 10:02

ready steady ............

[cockneyrebel] 14/7/2009 10:26

These were 240p last time they made record profits.

Said this in May:

"As a result of the factors outlined above the Board now anticipates the outcome
of the current financial year will be significantly ahead of current market
expectations. "

I wonder how far ahead? Looks like they are going to at least double earnings over last year, in a recession.

CR

[gateside] 14/7/2009 08:13

NWF Group plc, the specialist distribution business, plans to announce its
preliminary results for the year ended 31 May 2009 on Tuesday 11 August 2009.


As announced on 5 May 2009 in the Group's trading update, NWF's trading
divisions have performed strongly in the year ended 31 May 2009. The results
will present a record level of profitability for the Group and a significant
reduction in net debt.

[cockneyrebel] 24/6/2009 10:52

Up on a 10K sell today - but is it a sell?

Or is it a director buying at bid (as they opften seem to be able to do). About the last buy point before they go into the closed period before the results imo.

They have been paying up to 107p recently (FD).

CR

[cockneyrebel] 20/6/2009 11:14

5th Feb, Paul Grundy Finance Director buys 5K @ 93p.

11 March, David Southworth, Non Exec buys 11K @ 82p.
12 March, David Southworth, Non Exec buys 12K @ 81p.
6 April, David Southworth, Non Exec buys 46K @ 73p.

12 May, Jonathan Ford, Group Finance Director buys 20K @ 107p.

I'd have thought the Group Finance Director had the best handle on the business of all the directors myself, him paying 107p looks confident but all the buying together looks good imo - the Non Exec has increased his holding by 200%.

I've been quietly adding on the dips.

CR

[gateside] 20/6/2009 07:17

These were tipped last month in The Independent



Our view: Buy

Share price: 94p (+10.5p)

Farmers love a good recession: as people trade down from fancier edible alternatives, so their produce becomes increasingly popular. Of course, it is not only farmers who benefit from people generally being poorer. The distribution company NWF, which transports farmers' animal feeds, fuel and food around the country, is enjoying strong trading and yesterday forecast that its full-year results would be significantly ahead of expectations.

The group's shares rose by 12.6 per cent yesterday as the market finally realised the group was doing very well, despite what the company described as "tough trading conditions".

Yes, parts of the business are finding life a little tough – as national milk production falls, so its animal feeds business has found life a little difficult – but on the whole the company is thriving.

Before yesterday's update, NWF's shares had stuttered, despite the strong operational performance. Its chief executive, Richard Whiting, said the group was the victim of being a small company in a market that was shunning those with a market capitalisation of less than £100m. We would agree with him, but would like to think that the market has woken up to the fact that NWF is performing very well indeed.

Trading on 9.6 times earnings, we agree with those who argue that the stock looks undervalued, and though buyers have now missed yesterday's impressive jump, we still believe there is the potential to make a handsome profit from owning NWF shares. Buy.

[cockneyrebel] 11/6/2009 11:16

These have already said results will be significantly ahead of market expectations, Director buying at 107p recently and yet it's come down here through selling by the bored.

Looks like it could be a bargain here imo.

CR

[cockneyrebel] 27/5/2009 14:08

21k buy - another director purchase?

CR

[cockneyrebel] 20/5/2009 19:05

NWF sees bounce back


CR

[gateside] 06/5/2009 07:07

NWF Group

Our view: Buy

Share price: 94p (+10.5p)

Farmers love a good recession: as people trade down from fancier edible alternatives, so their produce becomes increasingly popular. Of course, it is not only farmers who benefit from people generally being poorer. The distribution company NWF, which transports farmers' animal feeds, fuel and food around the country, is enjoying strong trading and yesterday forecast that its full-year results would be significantly ahead of expectations.

The group's shares rose by 12.6 per cent yesterday as the market finally realised the group was doing very well, despite what the company described as "tough trading conditions".

Yes, parts of the business are finding life a little tough – as national milk production falls, so its animal feeds business has found life a little difficult – but on the whole the company is thriving.

Before yesterday's update, NWF's shares had stuttered, despite the strong operational performance. Its chief executive, Richard Whiting, said the group was the victim of being a small company in a market that was shunning those with a market capitalisation of less than £100m. We would agree with him, but would like to think that the market has woken up to the fact that NWF is performing very well indeed.

Trading on 9.6 times earnings, we agree with those who argue that the stock looks undervalued, and though buyers have now missed yesterday's impressive jump, we still believe there is the potential to make a handsome profit from owning NWF shares. Buy.

[kyjb] 05/5/2009 13:25

yup, it sure is quiet around here.

[cambium] 05/5/2009 10:18

no more takers, or are you secretly building stakes?

[cambium] 05/5/2009 09:37

As a result of the factors outlined above the Board now anticipates the outcome
of the current financial year will be significantly ahead of current market
expectations.

[cambium] 05/5/2009 09:35

nicwe ahead statememnt

[dgwhughes] 15/4/2008 10:12

Monday, Apr. 7th 2008
Boughey Distribution has announced one of its biggest contract wins since the recent launch of its new state-of-the-art warehouse facility.

The Wardle-based logistics specialist has won a two-year contract with leading international food group, Associated British Foods (ABF).

ABF is a diversified international food, ingredients and retail group with sales of £6.8 billion and 85,000 employees in 43 countries. The major international manufacturer produces branded and private label grocery products, many of which are market-leading household names. Following the acquisition of Patak's Foods last year ABF has brought their ethnic brands together under a single division known as AB World Foods which includes G Costa as well as Patak's.

The contract commences on 31st March and involves the storage and distribution for AB World Foods' brands at the new £15 million Wardle storage development – G Costa (Blue Dragon, Maille mustards, French's mustards and Tabasco sauces) and Patak's.

Boughey has previously provided logistics solutions for Patak's 300-strong product range and will now additionally store approximately 10,000 pallets of G Costa's 800 product lines. The new total combined annual pallet throughput will be in excess of 140,000 pallets.

Paul Wildman, Supply Chain Director at AB World Foods said: "The logistics package that Boughey Distribution is able to deliver for these two brands will undoubtedly offer increased efficiencies and support the streamlining of these key brands' UK logistics."

G Costa manufactures a proportion of its products in Poland and imports a substantial volume from SE Asia, Continental Europe and the Americas. Until moving to Boughey, it operated its own warehouse in Aylesford, Kent and used a number of third party hauliers on a regional basis throughout the UK. Boughey's 140-strong fleet will now deliver to the brand's complete UK distribution network and service all the major retailers, including Tesco, Asda and J Sainsbury.

Keith Forster, MD at Boughey Distribution, added: "Delivering daily to all the major retailers enables us to develop and invest in leading consolidation programmes which save our customers time and money. This new contract is testament to how well our dedicated staff and service have supported Patak's UK distribution over the past 2 years. Now with the additional G Costa brands we can strengthen the offering and efficiencies for ABF even further."

A significant proportion of G Costa's throughput (15%) is exported to a variety of countries in Europe and further afield; Boughey's tailor-made logistics service will also incorporate a large stickering operation within its co packing facility to facilitate the sale of products via multilingual labelling.

Forster concludes: "We provide the ultimate tailor-made logistics package for all our clients, whatever their size, and pride ourselves on our dedicated approach to customer service. Our unique expertise enables us to offer truly seamless solutions."

Posted by admin | in External News
Local Company Creates 250 Jobs and Invests Over £1M In Staff
Friday, Mar. 7th 2008
This will be one of the most important years for local Wardle-based Boughey Distribution, a pioneering player in the UK's ambient grocery distribution and storage sector.

The distribution division of NWF Group plc has opened the doors to its brand new £15 million storage facility and staff recently celebrated moving into their new head offices.

The investment made by the leading local employer doubles the distribution company's storage capacity and is creating over 250 new jobs for the area, including clerical, technical, management and warehousing roles. Boughey currently employs over 600 people at its Wardle and Deeside sites and invests heavily in supporting the local workforce.

Keith Forster, MD of Boughey Distribution, describes the new development as a key milestone for the company and adds that investing in the right people is crucial: "We provide the ultimate tailor made logistics package for all our clients, whatever their size, and the important investments we make in advancing our facilities and developing our staff ensures we continue to deliver above and beyond our customers' expectations.

"We pride ourselves on our dedicated approach to developing our people and invest heavily in training and staff performance."

In the past year alone, Boughey has invested over £1 million in developing personnel development programmes, staff facilities, driver training and recruitment.

Forster concludes: "Investing in new people, technologies and initiatives is key to Boughey's success and we are proud of the company's achievement to date."

The company previously doubled its storage facility five years ago and has since increased its turnover from £8.5 million to £27.5 million, this new £15 million storage development is expected to further increase the company's turnover to over £40 million this year.

Posted by admin | in External News
Boughey Boosts Hill Biscuits' Deliveries
Friday, Feb. 29th 2008
Achieving on-time deliveries is crucial for a successful business and progressive, high-volume biscuit manufacturer Hill Biscuits knew that it needed the right logistics supplier to improve its record in this area. As one of the UK's leading ambient grocery distribution and storage companies, Boughey Distribution Ltd was glad to step up to the mark to help Hill Biscuits put its logistics back on track.
Based in Ashton-under-Lyne just outside Manchester, Hill Biscuits supplies many major retailers, discount stores and the wholesale/cash and carry trade, as well as exporting its products around the world and contract manufacturing for other companies. Needing a logistics supplier who could provide a better, more professional customer service to move the business closer to its target of consistent on-time deliveries, Hill Biscuits looked at Boughey Distribution before comparing its services to a couple of other companies. Having researched the services on offer and already knowing some of Boughey's other clients, Hill Biscuits went back to Boughey on recommendation.
Said Hill Biscuits' Managing Director Steven Wetherby, "On-time deliveries and good consolidation were the key factors for us. We always need storage for around 1000 pallets at a time and deliveries are generally straightforward full pallet loads, although there is a very small number of mixed pallet deliveries. However, delivery size can vary from a few pallets to a full load, and we wanted to get as close to on-time delivery as possible whatever the load. After a settling-in period, communications are well-established and we are achieving good delivery times."
Said Keith Forster, Boughey's MD, "We are pleased to be able to offer Hill Biscuits with a cost-efficient, superior service. Since the switch over, we have been able to improve delivery times considerably, which proves that value for money and quality of service can be mutually compatible with the right distributor."

[gateside] 04/2/2008 15:04

Mini-conglomerate NWF, which supplies animal feed to farms as well as selling fuel and running garden centres, is likely to produce disappointing interims on Tuesday due to wet weather and raw material costs but house brokers Charles Stanley expects profits to rise from £5.9m to around £6.6m.

[gateside] 16/12/2007 15:31

Hectorp... No

They had a bonus issue of shares back in October. 5 new shares for every existing share, so dividend is a little over 2%. ADVFN have not adjusted their figures or charts!