Nwf Share Discussion Threads

[8 ball] 17/3/2002 17:04

The company does appear undervalued.
Looking into its competitors, came across Wynnstay group listed on OFEX.
Sales and profit are about half that of NWF's, yet mar cap is one third.
So it would appear both look good value, maybe a coming together may be on the cards.
Also the possibility of Wynnstay moving to AIM would see a re rating of its share price.

[tday] 15/2/2002 17:27

Up and up they go?

Nice, but why?

[stan] 03/2/2002 18:12

the interim results on Friday appear more than satisfactory and the current lowly p/e ratio (forward of about 7x for current year) plus the 5%+ yield ought to see the stock rerated further upwards over the coming months. Weather could be a negative factor on final results if a bad spring, but then again it cuts both ways. Little downside one should imagine at any rate.

[dgwhughes] 09/1/2002 23:51

the interims are due at the end of the month; so I suppose reaction to them; buying on rumour...... hopefully not selling on fact !

[stan] 09/1/2002 19:09

growing shareholder funds reflected in share price?

[dgwhughes] 08/1/2002 22:20

anybody else watching this one? Any ideas why the constant rise ?

[dgwhughes] 18/6/2001 22:26

anybody know why the steady creep up?

[johnatkinson] 03/4/2001 14:26

Speaking purely anecdotally, as I've been watching this share, I naturally took a little look as I had occasion to drive past the Wardle distribution depot last and this week. What I can say is that it appeared very busy indeed but whether that's a temporary phenomenon following the Princes deal or a sign of generally good business levels, I couldn't possibly say.

[dgwhughes] 30/3/2001 08:04

given the spread of the business, I would suggest that they have cover even if the feed business is effected... which I doubt as we have had a terribly wet winter and spring, thus requiring higher levels of feeding than normal, together with the fact that farmers will attempt to keep their stock inside as long as possible to reduce the risks of catching F & M.

I note also that Princes (who they now do all the warehousing for ) have recently bought another company... thus increasing their demand for warehousing.

A good bet I would have thought.

[simonamoore] 27/3/2001 11:33

Taken from iii analsyt article

"By the same token, NWF operates warehousing and distribution of grocery products and is particularly involved in the distribution of fuel in country areas and the sale of country and garden products. Before the crisis erupted, profits were due to show a useful rise, particularly in 2002. They still could. Write off the remainder of the year to May in a company that is notoriously sensitive to trading in its second half and clearly expectations for this year may not be met. But next year is another matter entirely. Earlier forecasts suggested pre-tax of £4m, a third more than the figure seen in the year to May 2000.

It's worth recording that neither stock has been hammered by the current crisis, but the outbreak hasn't exactly done wonders for their share prices either. Once the crisis is over, farms will have to be restocked and country life will have to get back to normal. Both these stocks should benefit from that."

Any more info?