Pz Cussons Share Discussion Threads

[spoole5] 26/1/2022 21:01

I own mining stocks in unstable countries that are less volatile than this. You would think the high oil price would be helping with the Nigeria exposure.

[philanderer] 26/1/2022 14:10

Yep, stinking the place out.

[spoole5] 26/1/2022 13:28

This really is turning into a dog of a share. The new management had a lot to say, share price says otherwise

[giltedge1] 22/1/2022 19:29

Regarding takeover would make a great fit for Procter & Gamble, there is no competition problems as far as I can see .
They can close the PZC distribution & close Head Office probably save £ 20M per year. Jonathan Myers used to work for them, so already had a private chat is my guess.
I can see a takeout price at least £3 per share for control, petty cash for them. The only problem is a few charitable trusts own a large position, they may be pursuaded due to lacklustre share price over last few years. I don't currently have a shareholding, but tempted to buy at around £1.80 - £1.90, but waiting for current market gyrations to finish, but definitely before next announcement next month, if my price target hit.
Will get over 3% dividend yield, & rising while I wait, as I like the brands & business.

[rogerlin] 21/1/2022 08:26

There seems to be a lack of pricing power. I like PZC bath foam, some years ago I paid as much as £1.50 for a pot. Now it is £1 per pot in all the supermarkets and the other day I saw it on offer at £3 for 4 pots. And input costs are surely going up.

[gateside] 18/1/2022 16:15

Maybe ULVR should bid for PZC rather than GSK's consumer goods.Far cheaper deal!

[cfro] 18/1/2022 16:11

Im not sure Unilever would ever be able to buy PZC if they wanted to because likely the competitions and markets authority would step in and stop it as they would have too much of a monopoly imv.

ULVR are paying £50bn for Glaxo's consumer health products. Some very powerful brands there including, among others, Panadol, Sensodyne etc but even so it highlights the values others are willing to pay for globally recognised brands.

With a current market cap of less than £840m i am convinced that PZC's brands are not anywhere near valued what they are really worth.

[spoole5] 18/1/2022 14:52

This getting hit with ULVR

[spoole5] 16/12/2021 08:25

300 is dreamland

[philanderer] 15/12/2021 15:15

Barclays reiterates 'overweight' tp 300p

[spoole5] 15/12/2021 08:42

Liability of a share this.

[spoole5] 14/12/2021 19:10

Another chunky sale through today

[toffeeman] 30/11/2021 10:54

Found it here:

hXXps://www.marketscreener.com/quote/stock/PZ-CUSSONS-PLC-9590103/company/

[spoole5] 30/11/2021 08:09

Divi today though. Small consolation

[toffeeman] 29/11/2021 22:17

Does Nick Train's fund still have a holding? - I can't find 'Major Shareholders' list.

I would have thought him unhappy if still invested.

[gateside] 29/11/2021 22:13

Trading updates used to be far more frequent before Covid.

Serious lack of news flow apart from Interim and Final results in the last couple of years from PZC

With no news, it's just going to drift.

Held this for years and its proved to be a bad investment. Both long term and short term chart are currently dire.

[justiceforthemany] 29/11/2021 21:23

No short interest either listed yet looks like only a positive trading update can turn the tide here.

Nigerian currency is up 7% vs GBP over the past 6 months which should have helped earnings...

[spoole5] 25/11/2021 15:46

Yep, makes you wonder.....

[justiceforthemany] 25/11/2021 15:14

Down 10% past month alone
Despite Nigerian currency strengthening vs £ in that time which should help earnings here

[spoole5] 24/11/2021 11:44

Sub 200 on the cards.

[spoole5] 23/11/2021 22:23

Doesn't look like it

[justiceforthemany] 23/11/2021 13:58

AGM today - any news spoole?

[spoole5] 23/11/2021 09:00

Family stake only 30%

[essentialinvestor] 23/11/2021 08:40

But it's not vulnerable with such a concentrated share register.

Cussons has been on the market since the mid 1970's, from memory.

The large holders had no interest in an exit when it was riding high a few

years back, why on earth would they want out now. Barking up the wrong tree.