Pz Cussons Share Discussion Threads

[philanderer] 27/4/2020 23:47

COVID-19: PZ Cussons Foundation Donates Handwashing Products

[deadly nightshade] 24/4/2020 22:25

the update compared to other companies lately doesn't compare that bad. trouble is here a bit of pattern is forming as the past handfull of updates all read the same and to me it does not appear that the current bod know how to get a grip on it. the new guy coming in comes from a decent background and has experience in the field. hopefully a new broom can clear some deadwood out here and bring in fresh ideas. the core business is good we just need someone who's has a better business vision running this. hopefully if the dividend keeps coming then thats the biggest plus for me

[panshanger1] 22/4/2020 15:18

Went through the trading update again Still none the wiser !!Think I'll wait till we hear from the new CEO before adding ( I'd like to add )

[pugugly] 21/4/2020 12:05

Toffeeman - Yes if no CGT but base cost is very significanlty lower than 360p possibly by a factor of more than 10 times and CGT at the Trust rate is 20%
"From 6 April 2016 trustees’ gains are taxed at 28% on residential property or 20% on other chargeable assets. If a vulnerable beneficiary claim is made, the trustees are taxed on the amount that would be paid if the gains were taxed on the vulnerable beneficiary directly. The beneficiary may pay a lower rate of CGT. Read the Capital Gains Tax summary notes for a description of the CGT rates that apply to individuals. A claim to use the special treatment for vulnerable beneficiaries for a tax year requires an irrevocable election to be made for this treatment."


So net receipt to the Trust might have to be reduced by 16%-18% - and income reduced accordingly -

The above assumes that Trust is UK situs - If offshore say IOM Cayman etc tax far more costly as gainassessed on beneficiaries -

[toffeeman] 21/4/2020 10:37

Everyone has their price.

Family + Trust have an asset currently worth £225m which generates income of £10m per year.

If someone bids 360p that gives the family £435m and they can generate £10m a year if they can get a 2.3% return.

[spoole5] 21/4/2020 09:09

29%, so doesn't preclude takeover

[suzyzzz] 20/4/2020 20:06

So no one can clean up then?

[spoole5] 20/4/2020 08:45

How much do they own?

[dbadvn] 19/4/2020 13:55

Family ownership excludes a takeover.

[deadly nightshade] 16/4/2020 16:40

Still a good business and products at heart not sure the people running it are any good, we got a new guy coming in soon let's hope some fresh ideas will put a edge to this share. You take pot luck when a new leader comes in they are not all smart people some are well over paid idiots.

[spoole5] 16/4/2020 16:21

This is gonna fall prey to someone eventually, great collection of brands continually underperforming.

[philanderer] 16/4/2020 13:40

ShoreCap 'hold' retains.

[spoole5] 16/4/2020 10:07

Very much doubt they'll pay a final

[philanderer] 16/4/2020 10:03

Update - meh .... as with others dividend doubtful.

[lefrene] 16/4/2020 08:29

Perhaps the surge of stocking up has now abated back to more normal levels of consumption. Plus shipping might be a temporary bottle neck?

[spoole5] 16/4/2020 08:27

Will the divi survive. A lot of companies who don't need to cancel are cancelling.

[warranty] 16/4/2020 08:24

I think they indicated that sourcing additional packaging was a problem so perhaps that hampered sales. I should imagine sales to homes were also reduced by the drop in sales to businesses, especially beauty products and shampoo to hairdressers. I still expect sales of handwash to continue rising after the shutdown as businesses reopen, other product sales rise and people continue with the hand washing increase at home so any fall seems a really good time to buy for the longer term.

[spoole5] 16/4/2020 07:51

Bit of a mixed bag. Sounds like they aren't geared up to take full advantage of the spike in handswash and personal care demand.

[panshanger1] 07/4/2020 12:01

Added a few

[philanderer] 06/4/2020 13:33

Tesco board’s £550 million dividend decision on a knife-edge

[panshanger1] 03/4/2020 17:40

It will be interesting to see how the share prices react to the trading updates Added Tesco today too FWIW

[games] 03/4/2020 17:34

They've got to have sold more than forecast, headwinds are oil price..Nigeria.

Some companies share prices have amazed me, take the supermarkets, the only shop in town virtually, must have raked in enough as majority are giving staff a well deserved bonus.

Yet while they have been relatively stable, they have not exactly shone.

Plus they will still pay dividends...which are getting rarer by the day.

[panshanger1] 03/4/2020 15:04

Taken a small position before the update Lets hope their getting the carex and sanitiser production moving !!

[toffeeman] 30/3/2020 11:45

I don'y think PZC make masks, gloves or ventilators!