Pz Cussons Share Discussion Threads

[gateside] 14/6/2018 16:16

Added more on weakness today. Looking good in Australia and Indonesia, and Nigeria will get turned around for the better.

[bend1pa] 14/6/2018 15:07

Who was it now who boasted on 24/09/16 that they bought in @ 229p,after I had sold this dog the same day at @ 360p? Who was it who said a week later 'Not a dog, it's a Pedigree' and surprisingly still holds today? Not looking too smart now, are you?

Even more of a dog than I believed possible at the time, and still based in Nigeria, where the economy continues to splutter. You guys can't say you weren't warned.

[toffeeman] 14/6/2018 14:51

220 looks like key resistance for today

[toffeeman] 14/6/2018 14:51

.. double post soz

[fillipe] 14/6/2018 14:41

philanderer
14 Jun '18 - 13:51 - 595 of 595
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Many thanks....

f

[philanderer] 14/6/2018 13:51

Cazenove........


On the back of persistent challenging trading conditions in Africa, we reduce our FY18e Adj PBT by 3.6% to £80.2m, and FY19e Adj PBT by 7.8% to £84.9m. We maintain our Neutral rating, with a reduced price target of 250p (previously 260p).

[philanderer] 14/6/2018 09:24

14th june Numis 'hold' tp 230p cut from 255p

[grahamite2] 14/6/2018 09:19

On my watchlist as well. Of course I don't like the idea of a family with power to turn it into a personal fiefdom - but there seems no sign they would.

[philanderer] 14/6/2018 08:55

On the watchlist with me as well.

[asturius101] 14/6/2018 08:55

well added myself - great opp imo

[toffeeman] 14/6/2018 08:40

Chart not pretty - thinking of getting back in, but not sure I see the support level.

[gateside] 11/6/2018 16:48

To balance things out, I'm not selling as the company are very well run, but don't have confidence to buy more.So I'm holding what I've got.

[toffeeman] 11/6/2018 11:05

Well - that's what makes a market!

I am concerned about Nigeria and that other toiletries cos (CP,PG, RB.) have not produced good results recently and I can't see why PZC should buck the trend.

I am not sufficiently confident to go short mind you!

[asturius101] 11/6/2018 09:44

interesting...i have actually bought in today. Solid BOD imo

[toffeeman] 11/6/2018 09:17

Sold today - nervous re results this week.

[toffeeman] 24/4/2018 12:40

Well I am up 8% so far on this trade.

Plan on moving my stop up from 199 to 230 to protect

Interesting to see if it has a go at regaining the 280 level.

[toffeeman] 18/3/2018 23:12

Yes it could and my stop will then get hit!

[topvest] 17/3/2018 18:12

I think there is a risk of a reset in June. Think it’s one to watch, but I think the point of maximum pessimism hasn’t yet been reached. Could be a value trap. I’m watching but will await the June update. It was noticeable that they didn’t commit on the dividend and some forecasts now indicate a cut. Think this could well go below £2.

[toffeeman] 17/3/2018 17:04

I would have thought they have been on radars for a long time - it's the family trust who need to want out.

[eastbourne1982] 17/3/2018 11:39

This will surely get a takeover bid within the next 12 months.

The likes of Unilever, Reckitt Benckiser, P & G etc must be looking at this now.

[toffeeman] 16/3/2018 08:31

Certainly was Topvest

I thought of waiting until 250 was established as support - but am perhaps a little greedy. - Tight stop as I said

[topvest] 15/3/2018 21:12

My post 565 was bang on then. Now definitely interesting and on the watch list. I think its a tad too early to buy though.

[toffeeman] 15/3/2018 16:15

Numis today reaffirms its hold investment rating on PZ Cussons PLC (LON:PZC) and cut its price target to 255p (from 325p).


Perhaps more realistic!

[gateside] 15/3/2018 13:02

Well if it get backs to 309p soon, then I'll be happy.

[toffeeman] 15/3/2018 12:12

Gotta love dem brokers:

Investec today reaffirms its buy investment rating on PZ Cussons PLC (LON:PZC) and cut its price target to 309p (from 374p).