Nwf Share Discussion Threads

[verynervy] 30/3/2005 09:11

So whats happening - no news so I suppose the recent fall is due to the share comming back to a reasonable rating after its guidy climb?

Or is it that results will be disappointing considering the above points?

[growthhunter] 15/3/2005 11:09

Thanks Getscenic

[getscenic] 14/3/2005 23:28

g h,
they are an icelandic investment group, have done various searches not come up with anything.
M.T.glass runs a very good thread called the "icelanders are coming".
might give you a bit of help.
have to say these vikings can see value, and are pretty savvey when it comes to a deal.
Just a couple of points on NWF.
Visted a very cold and deserted garden centre afew weeks ago, chated with one of the staff who said things very slow since christmas.
The other side of the coin is that many farmers have had to keep livestock under cover, and have had to buy extra feed.
not holding NWF at the mo. am in WYN .

[shirishg] 14/3/2005 22:57

Post removed by ADVFN

[growthhunter] 14/3/2005 22:23

What's happening? Who are the scandanavians who own a large chunk?

[gateside] 22/2/2005 18:02

Is this as far as its going to fall?

[dgwhughes] 20/2/2005 16:29

Maybe something to do with stories doing the rounds about Texaco.. I'm sure I read they were selling off their forecourt shops ??

[mw8156] 19/2/2005 14:37

I have a minimal holding; my guess is that there is something amiss at one of the subs ?Fuel where the margins are low and demand has been poor due to the mild winter.

[m.t.glass] 19/2/2005 12:23

Biggest volume for years was on results day, Jan 31. A down day with no next-day-rebound. I guess that should have been a clue.

Even on my favourite stocks I bank the bulk of my gains ahead of results, and did so on this one. I maintained a token holding but sold that on the day without waiting for a rebound, so I guess i must have spotted something discouraging in the statement but i don't remember what.

If this plunge continues I suppose we may well be about to be told!
In percentage terms this is a much bigger fall than the one at the start of 2003. The shares did eventually recover very well from that, but if I were still a holder now I would quit.



Edit: Having just had a glance at those results again, they did contain several discouraging numbers. And the comments re the garden centres division did not sound at all good. It's only a few months since a new FD came in, so maybe he has found it necessary to look differently at the books? (Mind you, the results are for a period ending 3 months after he took charge, and issued a further 2 months on, so i would have expected any oddities to have been mentioned). My guess is that the poor trading referred to in the results was a softener for a harsher warning re trading since then, with perhaps some big write-offs, though I'm only guessing and have no evidence..

[tday] 18/2/2005 17:42

Looks like the north face of the Eiger!

[pallett] 17/2/2005 15:44

Strange one this. I sold half my holding a few weeks back & took a massive profit. Looks now as though that was a good move. Some news of the cause of this big drop would be usefull although there is steady selling in small amounts today. Perhaps for the end of the tax year approaching.

[zingaro] 17/2/2005 14:48

large 40p drop today. wonder why.

[gateside] 17/2/2005 10:04

Has this finally peaked?

[m.t.glass] 31/1/2005 01:46

Results Monday

[m.t.glass] 06/1/2005 08:17

NWF Group PLC
06 January 2005


For immediate release: Thursday 6 January 2005


NWF GROUP PLC

NEW CONTRACT FOR BOUGHEY DISTRIBUTION
PLANNING CONSENT RECEIVED FOR WARDLE SITE


NWF Group plc ('NWF'), the diversified sales and distribution business,
announces that its wholly owned subsidiary, Boughey Distribution Ltd, has won a
new contract with Patak's Food Ltd ('Patak's').

Boughey has been awarded a two-year contract with Patak's for storage and
distribution of their products based at the Boughey warehouse at Deeside,
Chester. As part of the agreement Boughey will brand a number of its trailers
with Patak's livery. Following this contract and the previously announced
agreement with HP Foods, the Warehouse at Deeside will be fully occupied by the
end of January.

NWF also announces that planning permission has been received for building
further warehouses at the Group's main site at Wardle, Cheshire. If fully
developed, the site at Wardle would increase its storage by some 80% from its
current 45,000 pallets to 82,500 pallets. Additionally the Group has leased
warehouses in Winsford (12,500 pallets) and at Deeside (19,000 pallets).

In the first half of 2005, NWF will undertake studies to determine whether, when
and how to make use of this option. Further announcements will be made as and
when appropriate.

Graham Scott, Chief Executive, NWF commented: 'Boughey has sophisticated stock
control systems which ensure correct rotation of ambient products and full
traceability from point of receipt to delivery. Goods are held on behalf of over
one hundred customers, both UK manufacturers and importers, and the products are
delivered nationally to the full range of supermarket, wholesale and speciality
outlets. Boughey is increasingly being recognised as a distribution firm of
choice as can be evidenced by the Patak's contract.'

He added: 'We are pleased to have received planning permission, which will
enable us, if we so choose, to develop our site at Wardle and significantly
increase our warehousing capacity. We will be assessing the various factors
associated with undertaking this development and will update shareholders in due
course.'

- ends -

For further information please visit
www.nwf.co.uk
or contact:

Graham Scott, Chief Executive John West/Claire Melly
NWF Group plc Tavistock Communications
Tel: [phone] Tel: [phone]



This information is provided by RNS
The company news service from the London Stock Exchange

[m.t.glass] 06/1/2005 08:10

Opening brightly today on Patak contract. And planning permission too.

[m.t.glass] 21/12/2004 16:35

Good week ;o)

[a0002577] 13/12/2004 14:37

On what grounds ... not cricket grounds as it appears to have us stumped.

[pallett] 13/12/2004 11:17

On what grounds does this keep soaring for ever upwards?

[m.t.glass] 30/11/2004 16:20

Excellent rise, in a downward market.

[a0002577] 30/11/2004 15:55

But where too next? Unbelievable really

[m.t.glass] 29/11/2004 15:22

Pause over; here we go again.

[m.t.glass] 19/11/2004 17:20

They had 6.6% in August, so they've upped their interest by over a third within 3 months.

I know nothing about them except they are referred to as an investment company. I don't know if that means a fund manager - in which case they might just want growth companies to invest in, or a more speculative venture outfit with something more aggressive in mind.