Polymer Log. Share Discussion Threads

[nurdin] 17/8/2007 10:14

Yes there is always a risk.But if you worry about every risk in a business you end up never buying...:o)

[wjccghcc] 17/8/2007 09:51

Agree with you on the long-term prospects but their meeting mkt expectations this year would seem to depend on launching the US contracts by Sep/Oct. Since they've already been delayed once, that might not happen.

[nurdin] 17/8/2007 09:18

Too good a chance to miss....so I bought them.

Brilliant, high margin business,company in line to meet market expecations,very low peg with forward pe of 6.This market turmoil is throwing up some good buying opporunties... :o)

[stakeadder] 26/7/2007 18:21

Holding up well in the curent market malaize.

Looks as though it 'could' be supported by a buyer/s from behind the scenes.

imo, its looking a bit cheap at these levels anyway.

[rik shaw] 25/7/2007 22:41

Big buys again today.

[samenic] 03/7/2007 11:10

Sounds more like you are bored !!

[stakeadder] 02/7/2007 18:15

100,000 shares bought today at £1.01.

Somebody's bullish !

[wjccghcc] 11/6/2007 12:46

A PE of 12.5 dropping to 8 (assuming forecasts met) is pretty cheap for 50% earnings growth with green credentials. If they were on a PE of 20 then I'd be more worried. I read the statement as trading "in line" provided the Walmart contract doesn't slip past October.

[56richard] 11/6/2007 12:25

Always a problem for a relatively small company relying on relatively big contracts BUT as long as they dont actualy loose the Walmart meat contract the Tesco news will be seen as a big positive I hope (if Tesco fail in the US however . . .). This was always going to be a bit of a punt and the markets are pretty nervous at the moment . . we will see!

[masurenguy] 11/6/2007 12:02

Well the line 'gives management confidence' that it will be able to report in line etc etc is the problem phrase. They have tried to coat the shortfalls in US/Germany with sugar by announcing the additional US business at the same time in order to try and offset the negatives.

I would interpret this as them really saying that they will probably come in just a little below market expectations but with a wing and a prayer they might just be able to make up the likely shortfall between now and the year end.

[barry11] 11/6/2007 11:40

Looks positive to me , but there's a negative in there no doubt the market will focus on that, perhaps that's why the share price dropped last week

Or am I being cynical?

[penpont] 25/5/2007 22:44

Thanks. I've ordered the AR so that may have the AGM date too.

Quite an interesting article here giving an overview of 'Retail Ready Packaging'. Although 2yrs old has good coverage of pros and cons from retailers and manufacturers point of view, and also mentions POLL.

Sally Holdstock, who heads up the MU project at Sainsbury, says the supplier pain, retailer gain argument is "too simplistic". She adds: "The supplier isn't the only one incurring costs -- it has cost us money to change our shelving, and to move the MUs through a dedicated hub at a depot in Hertfordshire. We have also worked with Tesco and Asda to develop standard units with Polymer Logistics so that suppliers are not having to do things differently for each retailer. It's a gradual process, but we are now looking at water, eggs, UHT milk as well as the usual categories like soft drinks."

[dshuttleworth] 25/5/2007 08:09

According to Natwest stockbrokers agm is 22 June

[cerrito] 24/5/2007 17:11

penpont
noone knows but it was not today

[barefoot1] 16/4/2007 23:33

Me too ric...bought after it was tipped in the paper....not bad so far...didnt know broker price was 155p either..:o)

[rik shaw] 16/4/2007 20:58

Thanks Davius. I had not seen any broker notes.

[davius] 16/4/2007 20:09

Broker target price is 155p, I bought in at the end of March for 98p so feeling pretty confident on this as a medium term hold.

[rik shaw] 16/4/2007 12:59

Nice move upwards. I'm glad I bought a few last week.

[battlebus] 15/4/2007 18:58

Broker buy note from collins on friday.

[davius] 15/4/2007 15:44

The results out on Thursday were in line with market expectations. Revenue up 58%, Operating Profit up 129%, Pretax up 164% and Post Tax up 299%. EPS trebled to 0.06 Euro. The current P/E is quite high, around 25, but the potential growth is significant and the 2008 projected P/E is now around 11. Still a very good long term prospect I would have thought. Lots of buying in the last two weeks and very little selling, with only a modest increase in the share price.


Operational Highlights

Successful IPO in December 2006, raising Euro22m (#15m) (net of expenses) of new money for the Company

Successful introduction of new products into core UK market, receiving purchase orders from Tesco, Sainsbury and Asda

Increased penetration of the German market, winning long-term contracts with leading retailers including Marktkauf-AVA (part of Edeka Group), Rewe and Tengelmann

US subsidiary established in Q2 with recognition from Wal*Mart as an Approved Case-Ready meat crate supplier within the year

Won four-year contracts from March 2007 with two leading retailers in Italy, Carrefour and Ortofin with expected total annual revenues of Euro15.0m

Strong order book for 2007

[rik shaw] 13/4/2007 17:36

2M or around 3% of shares traded today at 100p

[rik shaw] 12/4/2007 12:21

Thanks for your thoughts LS. May be high on P/E at present at over 20, but prospective P/E might be worth watching. I'm always interested when I see things in daily life such as POLLS products being used at local ASDA etc in past few months. It puts the potential opportunity for growth into a real context.