Produce Share Discussion Threads

[battlebus2] 27/9/2016 20:19

Everyone's entitled to an opinion but I'm expecting a better outlook than you. These are on a P/E of 7 which will fall imv.

[fivedays] 27/9/2016 18:42

While I want to be constructive in my conversation with Produce I fail to see how they will make those forecasts. All across the retail sector especially in food related sectors margins are continually under pressure, basically if you don't confirm your out. I do hope I'm proved wrong as it's not my intention to be the bearer of gloom.
Personally I see a fall on Thursday, just by how much will be determined by their outlook more than dividends.

[gingerplant] 27/9/2016 10:28

Well - results just two days away; pre-tax consensus is £8.35m / 7.55p FY divi - we shall see...

[battlebus2] 26/9/2016 19:03

I agree spooky, the last update spoke of robust trading so I'm not expecting any nasty surprises. Looks 50% too cheap to me but we will soon know. GLAH DYOR ETC.

[spooky] 26/9/2016 10:21

Would have thought that all of the bad news is in the price. Look very cheap to me, particularly if you compare them with TOT.

[fivedays] 25/9/2016 12:58

I'm not at all sure the upcoming results will be anything other than disappointing.
It's a tough environment for supermarket suppliers not to mention the insurance claim.
Not a buy for me but those holding will welcome an increased level of yield.

[battlebus2] 12/9/2016 12:05

Another 25k worked through at 150.........

[battlebus2] 08/9/2016 14:34

A few trades at 149 mid price going through...

[battlebus2] 01/9/2016 16:53

Watching the trades it seems once the mm's have taken a few buys they let a 15k sale go at 150, unless there's another reason.

[battlebus2] 01/9/2016 13:52

Moved the offer on that 6k buy, but still a mid 150??

[battlebus2] 31/8/2016 14:48

Should pop one of these days, broker reckons there's an overhang atm.

[battlebus2] 19/8/2016 15:18

Well a tick up at last, virtually full ask for 1k...

[battlebus2] 15/8/2016 16:38

I've got a feeling these are being held at today's level for a reason, could be wrong but they're usually quite illiquid and we had mostly buys since the update. Could be a large sell order or maybe another placing etc for an acquisition. Only guess work so a pinch of salt is needed.

[topvest] 12/8/2016 08:14

Yes, looks like they have got through their sticky patch. Happy to hold. Will be interested to see how the Jersey operation has performed in its first full year. They will need to get the share price up before they do any further substantial acquisitions.

[battlebus2] 11/8/2016 09:02

Couldn't agree more, P/E of 7 and a yield of almost 5%, 50% upside from here imv...

[value hound] 11/8/2016 07:47

Yep - substantially undervalued IMO.

[value hound] 11/8/2016 07:47

Yep - substantially undervalued IMO.

[battlebus2] 11/8/2016 07:27

Happy to see the claim settled and the trading update also reassures.

[battlebus2] 29/3/2016 22:50

Upgraded today by Investec to £2...

[topvest] 16/3/2016 20:55

Yes, that's what I thought. It's a well run company this. Hopefully getting to the end of its unlucky run.

[battlebus2] 16/3/2016 07:16

Pretty good results imv....

Increase in operating profit (pre-exceptionals) to £3.43m (2014: £2.51m)
- Continued focus on improving operational efficiencies:
o Improvement in man hours per tonne of over 13% year to date
- Interim dividend per share increased to 2.44p (2014: 2.39p)
- Reduction in net debt to £22.79m (2014: £26.63m)
- Improved visibility and long term arrangements with key customer

[battlebus2] 01/3/2016 20:37

Bit of a bounce from lows. Results on the 16th.

[mach100] 23/2/2016 18:26

Oi Investor! Gem is a type of lettuce not a potato! Yer can't fool me. I know my onions.

[battlebus2] 12/11/2015 15:15

Downing small cap adding bringing them up to 4%