Pz Cussons Share Discussion Threads

[bedford1976] 21/11/2024 15:02

All looks quite stable I'm still convinced they are just selling haier, PZ Wilnar and St Tropez. Probably enough to be become debt free. PZ Cussions Nigeria is probably a cash cow in the longer term that will reward shareholders. Every effort is likely to made to trade in dollars mitigating any currency risk.

[gateside] 21/11/2024 08:17

Thought the AGM statement was reasonably sound. Maybe see an uptick in price later?

[gateside] 21/11/2024 08:17

PZC is almost certain to be demoted from the FTSE-250 to FTSE-Small Cap on the review in early December

[bedford1976] 13/11/2024 12:42

I did read a broker report a few months back, and they thought £100m for St Tropez and £180m for Africa but your correct one or the other could fetch a greater premium. Their other thesis being what's left would be much more highly rated. Carex alone is s probably worth 300 - 400 million and that kind of figure has been quoted by a previous PZ Director. I personally think Child's Farm has the potential to become a global brand that's my opinion, and I use to be a packaging technologist in this sector for Unilever. If that plays out there could be huge value here in the medium to long term. I will be keeping my shares nicely tucked away and taking my dividends

[deanowls] 12/11/2024 14:55

Would probably be paid in Naira so worth about four freddos.

[cfro] 12/11/2024 11:47

The figure i have in mind, and i must stress is just a complete guess, is £400m or as much as current market cap. Thats what i would personally hope they would fetch for it. There is a lot to the business, much more than you realise with very valuable distribution channels etc..

Whether they end-up getting anything like that amount i dunno or perhaps they might get more..

[simon gordon] 12/11/2024 10:08

Bedford,

What do you reckon the African business is worth if sold?

The FT reported in April that St Tropez could fetch £100m.

[fernando73] 01/11/2024 15:07

Great buying opportunity here.

[bedford1976] 18/9/2024 16:38

I'm a little bit more positive here once Tropez is s sold and Africa is simplified we should be near enough debt free.
The focus then is working our brands to their full potential (and PZ Cussons have some fantastic brands)

[scepticalinvestor] 18/9/2024 15:18

Extreme incompetence by the BoD.They should have been exchanging as much as they could of the Nala as possibleStarted a short at 98p todayTarget 60

[dope007] 18/9/2024 12:11

The reduction in debt is also a significant positive

[justiceforthemany] 18/9/2024 09:22

Getting out of Nigeria the basket case was imperative so that is a positive when it happens.

[dope007] 18/9/2024 07:42

I'll continue to hold after reading through. Missed an opportunity to add a little in the 80s due to driving to work

[simon gordon] 09/9/2024 05:46

FT Film - 1/8/24

Nigeria's struggle to break the 'oil curse'

Nigeria's oil sector has been plagued by profiteering, theft and under-investment. Can the new $20bn Dangote refinery and ending expensive fuel subsidies help to transform the industry - and the wider economy?

[bedford1976] 03/9/2024 14:18

I'm not so pessimistic. PZ could easily recover & thrive once the business is simplified. The process does seem to be dragging a little bit but hopefully we will have some news soon.

[giltedge1] 03/9/2024 10:23

Another case of a once good company trashed by ceo. Blames every factor fx, difficult markets etc, except himself & bloated salary. Best hope is a takeover.

[bedford1976] 15/8/2024 14:17

WHO have declared mpox as an International health emergency, hand washing is going to be critical to keep the outbreak under control in the African continent, and it's more than likely to spread to Europe & Asia in the near future.
This is likely to increase demand for PZ Cussons hygiene products and strengthens my opinion PZ Cussons Nigeria is unlikely to be sold as part of any restructure.
Reading an article in the Lancet I am personally going to increase my hand washing and sanataizing regime the mpox outbreak lookings particularly unsavoury.

[cfro] 18/7/2024 14:42

Share price creeping up a bit as we await the news on the disposal. No idea how long this is all going to take..

[deanowls] 03/7/2024 15:04

It’s where people are buying and selling.

[evg] 03/7/2024 13:17

What's the latest on pzc why is the price floating around a pound

[cfro] 01/7/2024 15:04

Not sure how long this process will take but it seems to me they are taking their time in carefully deciding upon each step to take.

[bedford1976] 01/7/2024 14:18

No big news coming through yet regarding re-structuring. Clearly St Tropez will be the easy family silver to sell.

Looking at Nigeria I personally think our stake in PZ Wilmar will get sold off along with the electricals business. I have a suspicion they will hold onto PZ Cussins Nigeria, but wipeout minority holders with a debt for equity swap. PZ Cussins owns the debt of PZ Cussons Nigeria Plc and well they are in the soup with negative shareholder equity.
In the long term sticking with our core personal care products in a simplified business without a rag bag if joint ventures should be easier to manage.

[dope007] 30/5/2024 10:35

And a hefty fall in an up market!!

[bedford1976] 28/5/2024 19:57

Hopefully we will here some news on the disposals shortly.
I wonder if they have an acquisition in mind that they mentioned in the interims. The Faith in Nature brand stands out as a good strategic bolt on portfolio.

[dope007] 28/5/2024 15:56

hefty rise in a down mkt today, which is helpful