Share Name Share Symbol Market Type Share ISIN Share Description
Produce Invest LSE:PIL London Ordinary Share GB00B3ZGBY47 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 143.50p 140.00p 147.00p 143.50p 143.50p 143.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 200.1 6.6 22.4 6.4 38.02

Produce Share Discussion Threads

Showing 326 to 349 of 350 messages
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
29/5/2018
12:54
hxxps://jerseyeveningpost.com/news/2018/05/18/first-it-was-too-wet--now-its-too-dry-for-potato-growers/ William Church, marketing director at the Island’s biggest potato producer, The Jersey Royal Company, says they are not having to resort to irrigation yet – but the subject has been discussed. ‘Things have improved massively over the past two weeks which is amazing,’ he said. ‘We are still behind where we would expect to be at this time of the year, but the situation has improved. Where there is a level of moisture in the land, and you get a bit of dry and warm weather, potatoes grow like billy-o.’ While yields are down, growers are confident of increasing exports throughout June.
jimmywilson612
22/5/2018
20:03
Have a look first and we talk after
costax1654x
22/5/2018
19:56
‘Guys have a look at Aeg as well.Last RNS was amazing.Potential multibag in 2018.Take care’ 🙄 oxymoron alert
rhomboid
22/5/2018
19:55
Guys have a look at Aeg as well.Last RNS was amazing.Potential multibag in 2018.Take care
costax1654x
22/5/2018
18:14
Yes and no. They didn’t own up to it at the interims as they were still aiming to hit market expectations. Think the big issue is the impairment charges at Rowe and Swancote. This is going to be c£10m and will need booking at the parent company as well. This could be a dividend block unless they can get some dividends out of Greenvale or Jersey Royals before the end of March. As always, this company is normally a buy at close to £1 and a sell at £2+. I’m happy to have stepped out at £1.50 as it’s been a serial disappointment. To have made a profit is, in the circumstances, fortunate!
topvest
22/5/2018
14:01
All as expected.... we knew profits would be down... over the years the earnings will become more consistent... etc
greg the grinch
22/5/2018
08:17
I'm out. Lost my patience here. Its a poor business. Quite frankly, I'm amazed to get out at a profit overall + dividends on top. Its been one disaster after another. That's farming I suppose! What the RNS doesn't say is that it looks like the final dividend will have to be canned. The parent company doesn't appear to have sufficient distributable reserves to pay a dividend if the impairments are booked. They will need a capital reduction in my view. Indeed, the 2016 final dividend looks like it was borderline illegal anyway given the company had negative P&L reserves at the end of the year. It also doesn't say whether the Net Debt to EBITDA covenant is breached or at risk of. Last year 2.0 versus 2.5 covenant. To be honest, I think this is fixable as the company does have lots of valuable assets to secure their borrowings. Nevertheless, it points to the final dividend being canned. Swancote Foods is an absolute disaster and needs close to a full impairment and possible closure. Metal potatoes and just incredibly low margin, even with free / outsized potatoes! Will keep on the watch list as a value play, but its not the best business of all time. Selling commodity products to supermarkets. UPDATE - somewhat surprised this hasn't moved down further today. I was expecting it to tank to 130p or less. Still happy to be out as more downside risk than upside risk for the next 6 months.
topvest
22/3/2018
11:32
Unfortunately this is an up and down business mainly due to the natural environment. For me it would be a good buy around £1.30 however if I already held I probably wouldn't be selling now.
eastbourne1982
22/3/2018
10:59
I understand your points boon and the prospect of a profit warning is what probably will hold off me buying more for now. However, I think its a good business. Daffodils suffering, missed key demand window this year. - Weather related Jersey Royals crop also way behind schedule. - Weather related Normal potato crop also suffering. - Weather related Unfortunately that's the nature of the beast in the farming world. Question is, can the business survive bad seasons and prosper in good seasons. I also believe that Europe has also suffered bad weather if Feb/March so think it will have a positive impact on prices.
jimmywilson612
22/3/2018
10:37
I see a pre emptied profit warning in the outlook statement. Daffodils suffering, missed key demand window this year. Jersey Royals crop also way behind schedule. Normal potato crop also suffering.Prices will rise but with worldwide trading price increases are limited as potatoes can be imported. Mgmt say FY profits will be broadly in line, but depending on the outturn of these three. I think they just don't have the guts to lower profit forecast now, and are waiting for a miracle.
boonkoh
22/3/2018
10:34
Same dilemna for me Jimmy . I bought at 230p and it has blighted my PF ever since a rise and a retrace. It does pay a divi so I am happy to have some (potato) skin in the game but the share price is trending down so you have to keep your eyes peeled! I woud be happy to let the share vegetate in my PF if I could be the sure we are at the bottom now. I will probably plough on for now but with a weary eye on the weather.
mach100
22/3/2018
10:20
Any thoughts on today's interim results? Havent had a chance to go through them yet - not been my best investment but don't know whether to leave the ship now or if its a good price.
jimmywilson612
07/3/2018
23:43
Jersey royale crops at risk this year due to cold weather. Running 2 weeks behind schedule already.
boonkoh
07/3/2018
18:02
Hi BB did you reduce your holding? I seem to remember you held a lot? Of your current shares, which 3 would be your best picks for gains in 2018? Thanks Greg
greg the grinch
02/3/2018
18:56
Ah I see now, will have to update that BBUS header. Don’t know what happened to it.
battlebus2
02/3/2018
18:52
Still holding these. Like the dividend and the fact Zucker are invested.
battlebus2
02/3/2018
18:51
No I haven’t?
battlebus2
02/3/2018
18:49
Do you still hold a fair chunk or did you sell?
greg the grinch
02/3/2018
18:49
Hi BB The sell off started well before the bad weather. Bad weather in the SE of British Isles but one-two week delay? I cant see it destroying the crops. I'm thinking of buying more but will wait until new ISA season. I note on your BB thread you have removed your list of share? Any reason? TIA
greg the grinch
02/3/2018
18:02
Weather related I’m guessing though I’m not sure how it’ll effect the crop as the snow early spuds are in.
battlebus2
02/3/2018
17:54
Thoughts? SP going down?
greg the grinch
29/10/2017
09:15
bb2: Thanks for heads up - R,
pugugly
28/10/2017
21:28
That’s not the way it was AFAIA.
battlebus2
28/10/2017
20:28
He was kicked out along with 2 other NEDs in a Board Room bust-up, if you ask me. In such a scenario I don't think he would be likely to retain his shares.
topvest
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
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