Pz Cussons Share Discussion Threads

[eastbourne1982] 01/3/2018 23:06

Bought some today at £2.75, I'm open to the possibility they may head towards £2.50, if they do I will add.

I have a hunch this will get taken over sooner or later, it must me tempting for a much bigger player.

[topvest] 20/2/2018 19:02

Yes,looks like there is a risk of H2 being below expectations. There is no doubt this is a good business, but is it strengthening or weakening? Probably the latter. Cash flow is weak and net debt on an upward trend. Profitability deterioration and Dividend growth may not be sustainable. Think I will just keep watching.

[toffeeman] 20/2/2018 15:21

290 gone - if 280 goes than 250 looks like next support

[topvest] 13/2/2018 21:01

This is on my watch list, but I'm going to hold off. They seem to be struggling a little from the last update and the share price looks weak. Look a little bit in need of a strategy reset really!

[toffeeman] 13/2/2018 15:29

Glad I got out when I did - 320 looking further away than 250 if it doesn't bounce here.

[toffeeman] 30/1/2018 08:45

Yep - I sold this morning - I think this could get smacked in any market downturn so time to generate some cash methinks

[pugugly] 30/1/2018 07:40

Looks like marking time – Suspect market may mark down slightly – No rumours of takeover yet but general m&a increasing.

[toffeeman] 15/12/2017 12:57

I just wonder when the family and their trusts will say "The returns hers are pretty poor for a multinational CPG corporation. Let's sell to CP. and invest the proceeds in other companies who will give a superior return to us and our charitable foundations.

Ho hum

[philanderer] 15/12/2017 11:06

15th dec JP Morgan neutral tp 310p cut from 350p

[philanderer] 14/12/2017 23:25

14th dec Numis hold tp 325p cut from 340p

[toffeeman] 14/12/2017 07:17

pretty downbeat statement - does not inspire

[toffeeman] 07/12/2017 15:59

Strange trading form Capital

[gateside] 18/10/2017 08:09

Share price very weak. Might be worth adding to my holdings if it gets any nearer 300p

[bend1pa] 28/9/2017 18:54

I see another veiled profits warning out today, viz 'tough trading conditions'.....yet again. So that means eps will plateau for the umpteenth year running. Predictable as night follows day.

[toffeeman] 09/8/2017 13:19

Everyone has their price

[trytotakeiteasy] 09/8/2017 13:12

I think this is family controlled? I doubt it is a takeover target. Family owners tend not to care about the valuation or takeovers. They only focus on the dividend and PZ Cussons has a 43 track record of dividend growth. It isn't true that everyone has their price. The family controlling Heineken wouldn't want to sell out. They are rich enough already.

[toffeeman] 27/7/2017 15:55

Effing useless Numis upgrade!

[toffeeman] 26/7/2017 09:18

Times today says avoid because of Naira uncertainty.

Getting to the point where I will hold and short via a spread bet as a hedge when it hits resistance.

Doing nicely this am

[toffeeman] 25/7/2017 21:08

Gale force - that's why I bought. Colgate is my favoured suitor

[galeforce1] 25/7/2017 17:28

I wonder how long a company like PZC will remain independent.

It must be a tempting takeover target for bigger companies in the same kind of consumer non-discretionary space. Reckitt Benckiser , or maybe even Kraft Heinz. I think Unilever is already big in Nigeria an Indonesia, so PZC would probably not be a good fit.

Let's say that PZC would cost £2bn. For all of those companies that's not a huge number.

PZC has some good brands, and a dominant position in Nigeria which has one of the fastest-growing populations in the world.

[toffeeman] 25/7/2017 09:08

Get ready to short at 375?

[gateside] 20/6/2017 15:46

Have faith! Excellent company.

[toffeeman] 15/6/2017 09:40

Hasn't plummeted on trading update/results for the first time in a while.