Pz Cussons Share Discussion Threads

[philanderer] 13/7/2021 23:24

PZ Cussons hires Diageo’s Andrew Geoghegan to lead transformation strategy


Geoghegan will take on the newly created role of chief marketing transformation officer in August, tasked with driving its recently launched brand building strategy.

[philanderer] 10/7/2021 09:25

DTA Exclusive Interview Series: Five for Five With the APAC IT Director of PZ Cussons

[philanderer] 08/7/2021 09:51

A-rated Ward: PZ Cussons is too cheap

TM Crux UK Core fund manager Jamie Ward has reduced his large position in PZ Cussons (PZC) but says the healthcare and beauty product manufacturer still offers real value.

The Citywire A-rated manager of the £73m fund said though he had trimmed his holding in the group, which had ‘grown too big’, he still likes the business and thinks its strategy ‘will finally begin to yield real value’.

‘It is undeniable that PZ Cussons became a little baggy in the past with too many little segments yielding little but taking too much management attention,’ said Ward, in his latest fund commentary.

‘While it is true that the previous management had gone someway to rationalise the group with exits from small markets like Greece, the current management appear to have a much more root and branch approach exiting large parts of the business.’

Ward said the group is ‘priced as if it is a much lower quality business than we think it is’ and even if management gets it wrong it will still be ‘a rather boring business with a reasonable yield and a decent balance sheet’.

However, if the management get it right ‘we could well see its valuation move towards that of large-cap fast moving consumer goods stocks’.

Shares in PZ Cussons closed up 3.9%, or 10p, at 269p on Wednesday.

[philanderer] 07/7/2021 14:40

Yes, on good volume as well... 350k printed so far today.

[spoole5] 07/7/2021 14:14

Looks like it will be testing the ath soon

[cfro] 07/7/2021 12:51

Not me that says so toffeeman - oh no sure not me. Others that are far more cleverer than me!

[toffeeman] 07/7/2021 10:55

>> cfro

If you say so

[cfro] 06/7/2021 16:57

Moving averages of any length of time are a completely meaningless technical trading tool.

[toffeeman] 06/7/2021 15:00

looks like it's bouncing of the 200 day MA

[cfro] 06/7/2021 13:38

Thanks for the Telegraph tip philanderer.

Jitesh Sodha was only appointed Non-Exec starting from July 1st and just four days later he steps in and buys 22,200 shares. So a great vote of confidence.
He has tons of corporate experience so will be a strong edition to the management team.

[philanderer] 06/7/2021 13:16

Tipped in The Telegraph today..


Questor: the power of strong brands – yes, our costs will rise, but we can put our prices up too

Questor share tip: pricing power is everything in inflationary times – and PZ Cussons has it thanks to Imperial Leather and Carex

[philanderer] 06/7/2021 11:06

Just noticed a nice non-exec director buy last friday.

[philanderer] 01/7/2021 13:58

PZ Cussons returns to sales growth as beauty sales see strong bounce back

Boss Jonathan Myers told the Standard there has been “a lot of progress on simplifying our business”

[philanderer] 01/7/2021 09:49

Good update..."It's been a year of solid progress at PZ Cussons "

[spoole5] 01/7/2021 07:29

Muted response to an excellent update

[spoole5] 01/7/2021 06:36

The debt must be very low now, could even be in a net cash situation within 18 months.

[cfro] 01/7/2021 06:31

Well i must say, these were surprisingly better than i was personally expecting at this stage of the turnaround (and not that i was expecting anything too shabby either).

With revenue up +7% and must win brands improving by +11% that is very good. (Also a reduction in net debt).

I have every confidence in the new management team to deliver.

[spoole5] 01/7/2021 06:21

Strategy seems to be working

[philanderer] 29/6/2021 14:45

Trading update 1st july :-)

[gateside] 25/6/2021 14:49

Lack of newsflow. They used to have much more regular trading updates.

[spoole5] 24/6/2021 15:39

Drip drip drip downwards

[spoole5] 09/6/2021 10:22

Very frustrating at the moment

[philanderer] 08/6/2021 09:15

Questor: soap maker has gained 36pc in a year but hasn’t entirely slipped through our fingers


Questor share tip: PZ Cussons, the company behind Carex and Imperial Leather, is scrubbing up nicely as its turnaround plan gains pace

[cfro] 07/6/2021 17:01

Management are highly encouraging however....and thats what really counts.

Short term traders will see what they want to see on the charts, but it matters not to long term investors.