Nwf Share Discussion Threads

[wad collector] 31/1/2023 21:35

Disappointing to see the share price drop , especially as it has already dropped so much from the November peak.
I guess the other way of looking at it is that the share price is broadly back in line with the gradual rise over the last decade. It was never going to be a high-tech overnight tripling stock.

[1tx] 31/1/2023 12:27

NWF always pay a nominal 1p interim dividend NTV;it has been at this level for at least 15 years....However the good news is that the final has been increased over the years each year.The reason for this is that the company has the maximum amount of credit outstanding with farmers for animal feed at this time and it helps a bit with cash flow.I have no doubt that they will continue adding bolt-on deals if opportunities arise.

[ntv] 31/1/2023 07:55

Decent results
Presume dividend not raised as they have their on a another bolt-on deal

[gswredland] 31/1/2023 07:49

Good results. Be interesting to see how the market responds

[cwa1] 31/1/2023 07:27

Group highlights



●

Record first half results, with Group revenues and headline operating profit significantly ahead of the prior year and the Board's expectations.

●

All divisions traded ahead of the Board's expectations at the end of the first half, continuing to demonstrate the resilience of the Group.

●

Strong financial position, with a positive cash position at the end of the half year supporting the £10.0 million acquisition of Sweetfuels Limited ('Sweetfuels') in December 2022 and a maintained dividend.

●

The Group has traded well since the period end and carries encouraging momentum into the seasonally busier second half, with the Board confident in delivering its full year expectations.

Ri chard Whiting, Chief Executive, NWF Group plc, commented:

"We have delivered a record first half with a good performance from all three divisions in spite of an uncertain economic outlook and inflationary pressures. NWF has continued to demonstrate its resilience as a business and has significant further growth opportunities. The acquisition of Sweetfuels in December highlights delivery of our growth strategy to consolidate the fragmented fuels distribution market. We have started the important winter period well and continue to focus on the long-term growth of the Group, with a clear investment strategy, which is supported by a strong financial position."

A hybrid meeting is being held today for analysts starting at 9.30am. For login details please contact NWF @mhp group .com or call MHP on 020 3128 8013.

[cfro] 31/1/2023 07:21

Solid results with revenues up over 34%. A hugely cash generative first half going from a net debt to a net cash position.

I am just frustrated that they didn't raise the interim dividend.

[cwa1] 18/1/2023 07:28

NWF Group plc

NWF Group plc: Announcement of Results

NWF Group plc will announce its half year results for the six months ended 30 November 2022 on Tuesday 31(st) January 2023.

A meeting will be held for analysts at 9.30 a.m. on the day of the results announcement at MHP Group, 60 Great Portland Street, London W1W 7RT . Please contact MHP for further details at [e-mail] .

[ntv] 17/1/2023 13:46

Bought a few recently

[ramlamb] 13/1/2023 13:53

CWA1 It was a positive trading statement in December, not heard anything since, so topped up again. Long term hold.

[cwa1] 13/1/2023 12:04

Seems unpopular for no obvious reason that I can see. Anyone spotted anything?

[gymratt] 10/1/2023 12:48

Just had my first nibble(1500) showing as a sell.

[gswredland] 05/1/2023 13:19

Likewise Ram and CWA! Just couldn't resist and had some at 238. Longer term should be good (fingers crossed)

[ramlamb] 05/1/2023 11:36

Agree CWA1, followed suit @238p.

9degrees, Mild weather will certainly knock sales of fuel oil, winter far from over yet though!

[9degrees] 05/1/2023 11:06

Too much mild weather ?

[cwa1] 05/1/2023 10:37

Couldn't resist a few at 238p. Probably further to fall and a stupid attempt to catch a knife...but, hey, you have to live sometimes :-)

[gswredland] 05/1/2023 09:29

Also surprised Ram.
Falling like a stone this morning
Just tried a dummy trade and a message appeared that I need to phone broker to get a price

[ramlamb] 04/1/2023 22:11

Surprised the share price has fallen as far to be honest, the acquisition seems to have been overlooked.
Have taken the opportunity to top-up today, hoping it will be a safe-haven during the first-half of 2023, good solid company paying an increasing dividend.

[gswredland] 04/1/2023 16:04

Support at 240?

[wynmck] 22/12/2022 11:53

"immediately earnings enhancing" too

[cfro] 22/12/2022 10:17

Nice acquisition, it's been a fair while since they last bought anybody.

[davebowler] 18/12/2022 15:38

htTPs://www.dailymail.co.uk/money/investing/article-11549003/MIDAS-SHARE-TIPS-tips-helped-grow-cash-tough-times.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

[tole] 09/11/2022 09:32

Peel Hunt downgrades NWF as shares rallyPeel Hunt has downgraded NWF (NWF) after shares in the agricultural supplies distributor have rallied.Analyst Charles Hall downgraded his recommendation from 'buy' to 'hold' with a target price of 245p on the stock, which closed up 0.7% at 280p on Tuesday.'The shares have performed particularly well and are up 32% year-to-date,' he said.'As the share price has moved past our target price, we are moving our recommendation to "hold".'He said NWF should 'prove resilient in the economic downturn, given that the company operates in large, stable markets'. The next news from the company is likely to come from a trading update in early December.'We expect the company to report a good first half performance in all three divisions,' said Hall.'Margins in fuel have been helpful, which is more than offsetting a reduction in volumes. Food has traded ahead of expectations with storage capacity almost fully utilised and further improvements in operating efficiencies. Feed has continued to show good recovery as strong milk prices have helped to support price increases and thus margins.'Hall said the strong operating performance is 'translating into a healthy net cash position, which provides firepower for the company to deliver on its strategy to make infill acquisitions in the fuel segment'.

[cwa1] 08/11/2022 08:04

* NWF Group Plc NWF.L : Peel Hunt cuts to hold from buy

[cwa1] 11/10/2022 16:43

...and there are very few of my stocks I can say that about currently!