Pz Cussons Share Discussion Threads

[cfro] 18/7/2024 15:42

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 16:04

It’s where people are buying and selling.

[evg] 03/7/2024 14:17

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

[cfro] 01/7/2024 16:04

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 15:18

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 11:35

And a hefty fall in an up market!!

[bedford1976] 28/5/2024 20:57

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 16:56

hefty rise in a down mkt today, which is helpful

[farrugia] 28/5/2024 09:12

one can't deny that the brands are great. A company like this would be valued in the billions in the states.

[dope007] 24/5/2024 21:27

https://www.fool.co.uk/2024/05/24/down-43-in-a-year-i-think-this-value-stock-is-primed-for-a-comeback/

[davidosh] 21/5/2024 22:17

PZ Cussons will be featured on the MelloBASH tomorrow evening at the conference in London www.melloevents.com

[bedford1976] 15/5/2024 10:50

Depends if they want to restore the share price a buyback could be the best way to go in the short term.
Saying that when we drop Nigeria we might be surprised by a sudden re-rating.

[toffeeman] 15/5/2024 10:23

Gap to fill at 125

[cfro] 15/5/2024 09:42

The timing of these sales and prices fetched could mean the difference between slashing the final dividend or keeping it intact too..

It should mean they significantly pay the debt right down also..

[bedford1976] 14/5/2024 21:56

They could net significantly more for St Tropez, and the Nigerian enterprises than expected.
Things could get exciting then as we pivot into our remaining core markets, and possibly a share buyback may be coming.

[dope007] 14/5/2024 17:44

Decent, sustained rise here at the moment

[cfro] 10/5/2024 16:05

Some spin announcement today on the reasons why there was 20% of votes cast against the directors remmuneration policy. I am not surprised with the disatisfaction but to be fair the company has had a hard time of it what with covid, war, inflation, cost of living and now the Naira devaluation..

Let us hope the directors earn their money from now on selling what they need to sell and getting the business back on the straight and narrow..

[bedford1976] 30/4/2024 18:03

Some ad-hoc news (all good). Childs Farm has been rolled out nationally through Bipa Hrvatska in Croatia. They have 150 stores, but this demonstrates how we can grow our brands rapidly in new markets.

[dope007] 30/4/2024 09:50

Quiet on here despite the stock doing nicely

[cfro] 26/4/2024 07:21

Nigeria's naira rebounds sharply after bumper interest rate rises

[darrin1471] 25/4/2024 11:24

Naira down 24% vs GBP in 5 days



PZC up 13% in last 5 days





Naira up 5% vs GBP over a month

[jimmywilson612] 24/4/2024 15:43

Feels the right strategy moving forward;

£160M to £180M Gross Debt by YE 2024.
Market Cap of £480M

FT Reporting St Tropez brand could be worth circa £100M.

Growing some core brands like child's farm / original source.

[bedford1976] 24/4/2024 10:20

St Tropez should fetch a good price it's quite popular in the USA and I often see their products in Fund Grube when I'm in Tenerife.
I wonder if the African businesses they are looking to sell is going to be the whole package or just the PZ Wilmar joint venture and the electrical business which is pretty non core. Maybe they want to keep the personal care business who knows?

Whatever happens debt is likely to be reduced by a hefty amount although it doesn't look bad right now still plenty of headroom on their facilities

I look forward to seeing PZ grow core brands like Carex, Original Source and Child's Farm across Europe. The share price should easily bounce back to £2 with a more streamlined business, and a portfolio of growing brands.