Pz Cussons Share Discussion Threads

[bedford1976] 17/4/2024 15:12

Just purchased additional shares this morning at a good price. Trading update is next week.
Not sure what to expect but things in Nigeria seem to be stabilising.

[justiceforthemany] 17/4/2024 11:12

Has anyone asked IR why the Board are not buying?

[simon gordon] 14/4/2024 20:08

JO Hambro - 9/4/24

There was further disappointment at PZ Cussons over the quarter as additional Naira devaluation extended the balance sheet mismatch of its gross and net cash balances whilst also limiting the company’s execution flexibility. We had proactively further reduced the position size prior to the bulk of this move, which helped limit the damage, and are actively engaging with the management around options to put themselves in greater control of their own destiny.

[simon gordon] 13/4/2024 15:23

Chartwise PZC has been on a downtrend since 2011. What's the best hope, it crawls back to 200p? Risk reward doesn't look extraordinary.

Yearly chart:


free stock charts from uk.advfn.com

[hamhamham1] 13/4/2024 07:45

This, AAF and CABP plummeted, unjustly, due to the collapse in some currencies like the Nigerian naira.
Now watch this share price rise. As the naira recovers...

[essentialinvestor] 12/4/2024 14:22

API my recent larger position - however as it's a possible wind up play, it's a more complex equity situation. API current discount to NAV now allows for a lot.

Ive got 3 PZC producys in my house currently, so like what they do.

[darrin1471] 12/4/2024 14:20

Dangote Refinery Wikipedia.

[essentialinvestor] 12/4/2024 14:08

I don't hold APH, just to clarify -
might possibly be an interesting recovery play, emphasis on might.

SN. Is not helped by the quick succession of CEO's. Bid possibility perhaps.

I don't hold Mobico and have not looked at the business in sometime.

PCZ, I dont hold either atm, I've put it on a potential list,
who no large BOD buying..?.

[justiceforthemany] 12/4/2024 14:04

EI what are your views on Mobico/NEX, APH and SN? Seem to be hugely out of favour like PZ.

[justiceforthemany] 12/4/2024 14:02

Still holding and the Naira has strengthened about 30% in one month but is still 40% weaker since the last reporting period.
The share price is dead though. Sadly.
Technicals are awful.

[italianfinance] 12/4/2024 09:51

You're funny--it was an example to make the point about the size of the new refinery, because right now nigeria imports its fuel needs from europe. With the Dangote refinery, fuel imports to africa will be cut dramatically.

[essentialinvestor] 12/4/2024 09:38

Dope, I would view along similar lines - speculative bet.

[deanowls] 12/4/2024 09:26

They’ve moved Nigeria to Europe?

[italianfinance] 12/4/2024 09:19

The price of oil near $90 and the startup of the giant new refinery in nigeria (largest in europe) I am sure can make a positive contribution to nigeria's budget.

[italianfinance] 12/4/2024 09:13

You don't see the quantity in the book because I have already bought them in the past few days, slowly, daily.
Yesterday I increased by another 19,000.
It is a speculative bet, on a stock that I think can recover more appropriate values, the exposure is compatible with my risk profile and portfolio. Especially in the last year I have had strong capital gains, on banking stocks that allow me to raise the risk.
I will keep you updated if I increase the position.
Go PZ go.

[dope007] 12/4/2024 08:49

Bought a very small amount for a pure speculative gamble here in my ISA. May as well give it a whirl and see.

[essentialinvestor] 11/4/2024 18:51

I don't see any of the BOD buying near that quantity..

[farrugia] 11/4/2024 18:31

putting too much in one basket is not recommended however strong your conviction.

[barnes4] 11/4/2024 18:23

Pizza Cussons 😂

[cfro] 11/4/2024 13:42

That's a big slice of Pizza Cussons you have Lol. Good luck..

[italianfinance] 11/4/2024 11:13

I finally found a forum where we talk about PZ CUSSONS, I am an Italian investor and excuse my English generated by an automatic translator :-)
I discovered PZ a few weeks ago and it is a historical company that I like very much, in the last few months we all know the reasons for the stock market meltdown, but we also see tentative signs of recovery from the Nigerian currency NAIRA, which gives me hope for the future. I think there is very good scope for recovery, so my bet is quite heavy, at the moment about 300,000 shares at 0.89 average, but I am willing to raise the risk and go up to 500,000 in the next few days. Also willing to take momentary losses without fear. From now on I will read your comments very gladly to keep myself updated, as you are very knowledgeable.
Good work to all.

[loofyloofy] 10/4/2024 09:38

Bumping along the bottom, but too many good brands to stay down for too long. Naira up 20pcnt in the last 30 days. All positive.

[mozy123] 03/4/2024 14:00

Base rate 22.75% and YOY inflation 31%. Exchange rate turning or sure, but more work to do?

[justiceforthemany] 03/4/2024 13:42

Daily strengthening of the Naira but this crock remains in negative mode...