Portmeirion Share Discussion Threads

[thelongandtheshortandthetall] 13/9/2022 09:38

Yes indeed CWA1.
Very good read across for Portmeirion.

[cwa1] 13/9/2022 06:28

CHH Interims are out and my be worth a glance for read across here...



Snippet:-

We continue to benefit from high levels of demand. Our order book is the strongest we have experienced and reflects Churchill's reputation for providing an innovative, technically advanced product alongside market leading service levels. We expect revenue to grow for the foreseeable future despite increasing economic headwinds in the wider economy. The ability to deliver a good performance in a difficult trading environment confirms the strength of Churchill's market position, strategy and operations and emphasises the benefit of our long term approach to business.

[zangdook] 09/9/2022 09:55

then you'll have the charlie coronation mugs and so on

[wad collector] 09/9/2022 09:54

Good thought, though I guess it will be a line with a very short sell-by date.

[dicktrade] 08/9/2022 16:53

Wouldnt like to profit from such terrible news but i am assuming PMP will be able to produce a range as a tribute to QE2

[shanklin] 08/9/2022 06:42

Just looked at the new website for placemats and coasters which we need to buy. Website may be better, no view on that, but designs are completely tedious. Need some designs suitable for the current century rather than the 1800’s.

[cwa1] 08/9/2022 06:17

8 September 2022



Portmeirion Group PLC (the 'Group')

Launch of new UK ecommerce sites as part of strategic growth plan

Portmeirion Group PLC, the designer, manufacturer and worldwide distributor of
high quality homewares under the Portmeirion, Spode, Royal Worcester,
Pimpernel, Wax Lyrical and Nambé brands is pleased to announce the launch of
its new UK and International ecommerce sites.

As part of our key strategic online roadmap, the newly developed websites will
provide a stronger user experience with streamlined customer journeys, more
compelling brand engagement and significantly enhanced visuals.

We expect the new sites to deliver improved customer acquisition, conversion
and cross selling opportunities across our well established brand and range
portfolio. In particular, mobile users (who account for over 50% of all
traffic) will receive a much improved user experience driving a better sales
conversion.

Mike Raybould, Chief Executive, commented:

"The launch of our new UK and International ecommerce sites marks an important
milestone as we continue our roadmap in delivering on one of our key strategic
growth areas. The new websites will create a more fluent and engaging brand
experience for our customers as well as providing a more efficient and
effective sales channel for the Group. We look forward to adding further
developments to these new platforms over the next 6-12 months and building a
deeper relationship with our customers around the world.

The new Portmeirion family of brands website can be accessed via the following
link: (

The new Spode website can be accessed via the following link:

(

Our new rest of world website can be accessed via the following link:

(

[zangdook] 15/8/2022 10:13

I find it hard to believe anyone actually buys smelly candles, but since apparently they do this looks a reasonably priced acquisition.

[wad collector] 14/7/2022 08:31

Ouch today's TU has taken the share price to a new 2 yr low. No mention of profit numbers, just a rather cautionary statement.

[cwa1] 22/6/2022 06:41

Churchill China AGM Statement:-



In our Preliminary Results, announced on 21 April 2022, we advised that we were experiencing record demand across our geographic markets. I am pleased to report that this demand has continued and our order book remains healthy. We remain confident in our ability to deliver an improved year on year performance in 2022.

With any luck there's a read across to PMP in this...

[cwa1] 15/6/2022 17:11

15 June 2022

Portmeirion Group PLC ('the Company')

Directors' Dealings

The Company has been notified that, on 14 June 2022, Mike Raybould, Chief Executive of the Company, purchased 1,980 ordinary shares of 5p each in the Company ('Ordinary Shares') at a price of 403.45 pence per share. Following this transaction, Mike Raybould has an interest in 7,528 Ordinary Shares representing approximately 0.05% of the Company's issued ordinary share capital excluding shares held in treasury.

The Company has also been notified that, on 15 June 2022, David Sproston, Group Finance Director of the Company, purchased 2,500 ordinary shares of 5p each in the Company ('Ordinary Shares') at a price of 398.75 pence per share. Following this transaction, David Sproston has an interest in 3,815 Ordinary Shares representing approximately 0.03% of the Company's issued ordinary share capital excluding shares held in treasury.

[podgyted] 08/6/2022 17:02

Cheap can get cheaper in this market.

Did a cheeky kill or fill at 411p earlier in the day - rejected - but if I'd got I'd be over 4% down already.

But is looking value.

[zangdook] 08/6/2022 14:27

Getting cheap

[cwa1] 12/5/2022 12:27

AB Traction holding >5%

[cwa1] 21/4/2022 13:47

FWIW the Churchill China results from today were pretty punchy:-



XD this morning for 13p and price still modestly up is a decent day in actuality

[cwa1] 18/3/2022 09:46

In case anyone's interested, some comment over on Investor's Champion(may need to register but free):-

[cwa1] 17/3/2022 07:46

Mike Raybould, Chief Executive commented:



" I am delighted with the significant progress we have made. Our record sales reflect the strong progress we have made on our strategy whilst successfully navigating the ongoing disruption from the pandemic. I would like to thank our employees around the world for their tireless efforts against this unprecedented backdrop.



We are focused on reaching an ever wider potential customer base - by developing online sales channels, building out new geographies and leveraging our brands and new product development more effectively. On each count, I am pleased to report we have made strong progress in 2021.



We saw a very successful seasonal holiday trading period driven by customers increasingly searching for our brands online as well as in physical retail stores. We have a roadmap for developing our brands around the world and the 30% against 2020 (and 33% against 2019) growth in our Spode brand indicates the potential opportunity ahead.



Our capital investments made in the last 12 months will enable increased production in the current year and beyond whilst driving improved operating margins through productivity gains.



We are mindful of the ongoing disruption to global supply chains and cost pressures including container freight rates. We have long term energy contracts in place until early 2024 that will protect the business in the short term from increased energy costs but are watchful that consumers around the world will require a period of adjustment to the inflationary pressures in everyday spend. We remain confident we can continue to navigate those challenges and that our brand strength and the changes we have made to the business will allow us to continue to grow in the short term with improved operating margins, and in the long term deliver significant gains in profitability.



We are also pleased that the strong trading performance and operating cash generated has allowed us to reintroduce our longstanding dividend to shareholders ."

[scepticalinvestor] 17/3/2022 07:17

800p today? Not unlikely with those results

[tole] 10/3/2022 19:23

https://masterinvestor.co.uk/equities/take-a-quick-look-at-tly-cnic-iog-foxt-and-pmp/Portmeirion Group (LON:PMP) – last year was smashing and so too are its sharesThe brands of Spode, Royal Worcester, Pimpernel, Wax Lyrical, Nambe and, of course, Portmeirion are owned by this designer, manufacturer and worldwide distributor of homewares.Its shares were up to 710p less than two months ago, last night they closed at around 570p, after hitting 520p at the start of this month.This is a quality company, with excellent management and global potential.It had a cracking year in sales in 2021, at around £104m, which was more than 10% better than market expectations – that was announced in its Trading Update in mid-January this year.At the same time, it guided that its pre-tax profits would be at least £7m, again beating brokers estimates.That was when the shares went to the year's High.On Thursday 17 March the group will declare its full results for 2021 and present itself to the City and to investors generally.I see the shares going higher this year.Analyst Sahill Shan, at Singer Capital Markets, has estimated slightly lower sales this year at £98.9m but with much greater adjusted pre-tax profits, at £10.0m, worth 57.4p per share in earnings compared to his estimated 40.5p for 2021.For 2023 he is even more bullish – £107.8m sales, £11.8m profits, 66.9p of earnings easily covering a 22.31p dividend per share.His price objective is 840p and understandably he rates the shares as a 'buy'.In these markets I see some incredibly overrated stocks on price earnings ratios of 20 times and above – ratings that they don't deserve. So, when I view Portmeirion I see true 'undervalue' of a premium company.I would not be at all surprised to see the shares breaking the £10 level within the next couple of years.Hold very tightly.

[shanklin] 28/2/2022 15:22

...and PMP have edged their energy prices until early 2024

[zangdook] 28/2/2022 14:25

Rather cheap today. Russia isn't invading Gwynedd surely?

[cwa1] 10/2/2022 10:13

Decided to average up a little bit as I've liked everything that's come out of the company recently. The capital market day presentation had a reaonably positive "vibe" for me at least.

Fingers crossed for the future