Origin Enterprises Share Discussion Threads

[djderry] 04/7/2013 17:27

Let's hope they spend the 90 odd million wisely.

[djderry] 27/5/2013 17:27

I\'m braced for a subdued trading statement,weather has probably weighed on fertiliser sales and agri-advice.

[djderry] 30/3/2013 19:34

Why has the Origin shareprice not responded to the bid for CFG,they own a chunk of their shares.

[wexboy] 20/3/2013 12:55

2013 – The Great Irish Share Valuation Project (Part VII)

I take a look at Origin Enterprises, plus a batch of other Irish stocks:



Cheers,

Wexboy

[liarspoker] 07/2/2013 10:09

Origin is covered in today's The Phoenix magazine.

For two profitable, debt free, dividend paying companies trading at less than cash look here ( and win an investment book of your choice ):

[djderry] 19/9/2012 07:27

Positive statement,making good progress,25 million euro to be invested over next four years,dividend up 34%,Agrii gaining traction.

[djderry] 22/8/2012 22:23

I intend to add Origin to my pension portfolio in the next few days.Don't be surprised if the share price goes up!!

[wexboy] 09/2/2012 17:40

Hi folks,

Just posted Part IV of The Great Irish Share Valuation Project, including valuation and commentary about Origin:



Cheers,

Wexboy

[m.t.glass] 15/3/2011 11:36

And 400c was duly reached yesterday

[farnesbarnes] 20/10/2010 18:53

Chart looks good for 400 here.

[lbo] 11/3/2010 11:53

Profits tumble by 33pc at Origin in H1

[lbo] 05/10/2009 09:37

It's time Aryzta cut loose its Origin ties

[lbo] 13/8/2009 21:21

Falling grain prices worries IFA

[lbo] 22/7/2009 22:38

A MAJOR agri-food group has secured court approval for a €104 million reduction in its share capital arising from collapsing land and property values.

[lbo] 07/7/2009 00:12

Accounting body queried 11 large plcs



The Irish Auditing and Accounting Supervisory Authority (IAASA) reviewed the accounts of 13 leading Irish publicly quoted companies last year.

Of the 13 companies reviewed, the authority raised issues with the directors of 11 companies. The 11 companies with which the authority corresponded were Bank of Ireland, Ryanair, C&C, DCC, Oglesby and Butler, AIB, Anglo Irish Bank, CRH, IAWS, Kingspan And Waterford Wedgwood.

C&C Group and DCC were the subject of both a full review and a follow-up by the authority.

[lbo] 06/7/2009 17:05

Its another Irish property failure! And sadly Irish farming is in no great state either. Also not sure you can leverage it any more and net debt has risen from €164m to €200m in the last year alone. Post IPO it had €120m, of which €115m was linked to potential land development which will now never happen and is probably now worth agricultural land prices. Also they have proposed only an 8c dividend which would only give a 3.3% yield and thats still subject to the High Court Capital reduction confirmation and shareholder approval.





The focus of Origin will be to enhance shareholder return through a combination of organic and new investment opportunities. Origin will have the benefit of a substantial operating asset base associated with the acquired businesses including a number of significant properties with development potential located in areas destined for future development and regeneration. The objective will be to add value to these properties over time in order to maximise their potential



The Swiss-registered plc, Aryzta, also confirmed it would be taking an exceptional charge at the end of the trading year to reflect a €105m property revaluation at its 71.4pc subsidiary Origin



2008 worst year for farmers in 15 years

[strollingmolby] 02/7/2009 22:08

This is from the covering article:

An excellent example of a small company beginning to distribute a dividend is Origin Enterprises (see Slide 9). This agricultural business has recently announced it will start to pay a dividend of around 4% from this year. With this dividend being covered approximately 5 times there is obvious scope to increase these payments further.

And this is Slide 9:

• Agricultural business that works with farmers to maximise crop yields
• Strong markets position with significant scope to grow the business
• Under leveraged balance sheet with financial headroom on gearing at €150m
• Recently announced that it will pay a 4% yield, having not paid a dividend previously. Plenty of scope for dividend growth as business expected to expand and dividend growth as business expected to expand and dividend cover 6x
• Scope to grow at a faster rate by incremental acquisitions. These will be easily fundable by equity if necessary


[free registration required]

[strollingmolby] 02/7/2009 21:54

Hi LBO, quiet board here isn't it!?

I saw a presentation yesterday on the Aimzine website from Gartmore fund manager Gervais Williams in which he praised the ability of small-caps to generate high yields as we come out of recession - he only mentioned one stock and that was OGN, hence me having a dig around here.

I'll try and find the presentation and post the salient points.

[lbo] 02/7/2009 21:42

THE Competition Authority has confirmed that retailers are pressuring suppliers – including the top Irish food firms – for better deals.


27 jobs to go at Odlums in Cork
Odlums, which is owned by Origin Enterprises

[lbo] 17/6/2009 22:50

Wynnstay, the UK agricultural and retail group, that is a peer to Ireland's Origin Enterprises, unveiled its results today. Operating profit increased slightly (4pc), as gains in its pet stores offset lower feed and fertiliser sales. It is not surprising that fertiliser and feed sales have entered negative territory, as farmers are delaying purchasing decisions due to high prices. Origin shares were down 15c at E2.65

[andrbea] 10/3/2008 13:01

IAWS still controls a stake of about 70 percent in Origin, whose activities include making animal-feed ingredients and distributing foods under the Shamrock Foods name. Profit rose 13 percent to 12.1 million euros on increased cereal plantings in the U.K. and higher prices, Origin said today in a statement.

[andrbea] 10/3/2008 12:11

Origin shares jumped 40 cent to €4.90 in Dublin this morning

[andrbea] 10/3/2008 12:10

``Origin posted a very strong set of interim results,'' Liam Igoe, an analyst at Goodbody Stockbrokers in Dublin, said in a research note. Igoe, who has an ``add'' recommendation on the stock, plans to raise his estimate for annual per-share profit to about 30 cents from 24.3 cents.


Sales gained 49 percent to 375.4 million euros at its agri- nutrition unit, the company said. Revenue climbed 40 percent to 171 million euros at the food division and advanced 6.6 percent excluding the purchase of Greencore Group Plc's 50 percent stake in flour miller Odlum Group in August.

[andrbea] 10/3/2008 12:09

Revenue advanced 11 percent at the company's European consumer-foods division, and rose 46 percent to 546 million euros at Origin Enterprises Plc, which contains IAWS's original agribusiness activities and some food units.