Pz Cussons Share Discussion Threads

[toffeeman] 03/4/2012 11:46

Gap almost closed! - (I didn't have the guts to trade it this time!)

[royaloak] 03/4/2012 11:26

Caution on the short side proved correct it looks.

[toffeeman] 28/3/2012 10:08

see posts 259 and 260

I would say a drop of 11% after a profit warning is a fall.

Gaps tend to have a habit of closing - look at the chart just above!


Support at 260 from 2009 and 285 from Jan.

I am tempted to a limit order of 285 with a stop close to 260.

[aleks_atanasov] 28/3/2012 08:03

bonio10000 - what you are saying that a share dont fall after a profit warning is a lie. and nobody cares what they make, or if they make something at all!

[bonio10000] 27/3/2012 23:15

aleks_atanasov - 27 Mar'12 - 23:12 - 268 of 268 (Filtered)

I really can't stand your posting style.

tchau.

[aleks_atanasov] 27/3/2012 23:12

bonio10000 - you are wrong.

[bonio10000] 27/3/2012 21:16

it's selling household goods - not cancer treatments.

accordingly, a profit warning should not be as severe to the share price. the business is not going to disappear.

plus - nigeria is a huge and growing market, so any "warning" is relative over the long term.

hence the price does not react as much.

simples.

[royaloak] 27/3/2012 20:39

Will be looking closely after 9am tomorrow.

[aleks_atanasov] 27/3/2012 19:58

my opinion is that because the same is happening in some other stocks, they move this doesnt therefore we have a different market participants here, HFT and algo trading should be very high % of the turnover here.

There isnt anything special here setting a floor to the price. Who knows.

[royaloak] 27/3/2012 19:46

aleks

I traded it, but on the short side, however closed in the auction to be on the safe side, the fact it has held up suggests perhaps something afoot?

[aleks_atanasov] 27/3/2012 19:39

o really? you bought after a profit warning, are you out of mind? and so what you made 10%.. Is that considered a profit? you will lose 1234567% if you trade that way other shares.

this share doesnt act properly there is something wrong with it. 3 profit warnings and it doesn't move

[aleks_atanasov] 27/3/2012 17:54

what a crazy share 3 profit warnings and still at 300s.. who trades this dog

[toffeeman] 26/1/2012 15:03

I think it just about closed the gap so I took my 10 points

[toffeeman] 24/1/2012 10:03

I just took a small long to see if the gap closes again!

[bonio10000] 24/1/2012 09:44

There is certainly a lot of deep blue sea under this price on the 2-3 year chart.

On a technical side, that would be worrying in terms of resistance for any drop.

[m.t.glass] 24/1/2012 08:52

a GoogleNews search for Cussons brings up nothing but negative headlines for today so far

[redartbmud] 24/1/2012 08:52

Meanwhile in the UK very heavy discounting is going on. Every penny off the price is apenny off the bottom line.
No signs of any respite.

[bonio10000] 24/1/2012 08:32

Was listening to a December edition of the Economist and there were some very interesting articles on Africa and its growth. If PZC can tap into that, this is a long term hold.

[m.t.glass] 24/1/2012 08:25

.........Overall, we anticipate that results for the full year will be towards the bottom end of the range of current expectations." ..........



.........Post period end, two events have affected Nigeria, our largest market. First, social instability over the Christmas period led to a state of emergency being declared in a number of northern states which has impacted sales in those areas. Second, the removal of the fuel duty subsidy led to civil disruption during January and a week long national strike which affected production in all factories and sales on a national level, during what is a peak trading period. Whilst the strike has now ended and the fuel subsidies have been partially reintroduced, continued social instability in the North together with ongoing fiscal reforms may create further unrest in the balance of year.

Elsewhere, we expect that the trading environment will continue to be difficult in some markets given increasing pressures on consumer spending power, continued high levels of promotional activity in developed markets and the UK in particular, and ongoing high levels of input costs.........

.........Performance for the Group in the coming months will depend in part on the severity of any further disruption in Nigeria as well as any impact on consumer disposable income from removal of the fuel subsidy. We anticipate that results for the full year will be towards the bottom end of the range of current expectations........

(see full text via link in header)

[toffeeman] 19/12/2011 08:30

So another case of gap filled

[hvs] 11/12/2011 14:37

lol !!! lol !!!!

ANAL YSTS at it again.

These shares are way overpriced .

[gateside] 10/12/2011 23:16

Analysts predict PZ Cussons recovery

Analysts have predicted Imperial Leather to St Tropez maker PZ Cussons will bounce back in the second half of the year after it issued a profit warning for the six months to November 30.

Manchester-based Cussons blamed high raw material and promotional activity costs and weak consumer spend for increased pressure on its margins.

In a trading update it said it had achieved good revenue growth in its core markets of the UK, Indonesia and Nigeria, though raw material costs and adverse exchange rates had impacted margins.

And trading conditions in Australia, Greece, Thailand and the Middle East have been challenging, meaning overall profit for the period was below expectations.

Its UK washing and bathing division saw good revenue growth, and new products have been well received, though margins were hit by high levels of promotional activity.

The beauty division, which includes The Sanctuary and St Tropez, has grown revenue and profit and new product launches have been successful.

In Poland revenue and profits were ahead of the prior period, but trading conditions in Greece continue to be difficult.

Revenue and profit in Australia have fallen due to competitive trading and high raw material costs, though they have grown in Indonesia.

Trading in the Middle East has been affected by political unrest and supply from Thailand was affected by floods, though it is now almost back to normal.

In Nigeria, revenue growth has been strong as economic and political stability returns following elections, though margins continue to be hit by high raw material costs and adverse exchange rates.

Cussons predicts the trading environment will continue to be difficult and it is focusing on driving growth by growing margins and launching new and improved products.

Analyst Graham Jones at Panmure Gordon said: "A combination of events mean that H1 results will be worse than expected, but it is worth stressing that in the core markets (UK, Nigeria, Indonesia) growth has been strong, and while costs are likely to remain high, there won't be significant increases on H2.

"As such we forecast a return to profit growth in H2 and expect profits to be ahead for the year as a whole."

PZ Cussons shares were down 11.8 per cent, or 40.8p, to 303.9p on the news, but rebounded to 309p later in the day.

It posted a seven per cent increase in pre-tax profits to £108.9m for the year May 31, on revenues of £820.7m, 6.4 per cent up on the previous period.