Reckitt Benckiser Share Discussion Threads

[scburbs] 17/10/2008 13:49

Indieman,

That is your view. I have been short RB. for a while (from around £28) and believe that ultimately the consumer slowdown will hit them. Whilst their products may be less effected than some other consumer products, the fact that RB. shares trade at a premium may mean the share price still falls significantly as the share derate to reflect the worsening prospects.

I guess time will tell, but momentum seems to have turned here so I have increased my short today.

[indieman] 16/10/2008 06:49

There can't be many people who don't know that you can use use cheaper, and sometimes better, alternatives to the leading brand products. The point remains that few people will feel comfortable doing so. It would feel a bit like downshifting to Victorian times. Many people know you can get better, cheaper products from janatorial suppliers. Very few actually do it.

Yes, journalists can suggest using cheaper alternatives. That doesn't mean anyone expects the idea to be acted on. What's the betting they don't do it themselves.

[scburbs] 15/10/2008 12:55

Indieman,

Not sure whether it is right or not that people will not consider economising on RB's products. Things like Plug in air freshners would seem easy economies and I am sure there are plenty of other examples.

The RB type of product is also hitting the tips lists for dealing with the credit crunch.

"Recession-Proofing: 101 Tips to Survive the Credit Crunch

...

36. Cheap Brands: Cleaning products are expensive. You do not always need the top brand to do the job. Uses the retailers' own brands or even try using white vinegar and newspapers to clean windows and mirrors."

[indieman] 15/10/2008 06:58

scburbs,

How do you economise on cleaning products?

There are many things you can do, such as to use ammonia, bleach or washing soda, but that is an admission of extreme changes of circumstances and psychologically difficult. Cheaper brands are available, but they speak of downgrading hygiene and that is very difficult.

People will compromise on many things before they even consider saving money on cleaning costs, except possibly to get rid of the cleaner and do the work themselves. In extremis, yes, but until then, most people will stick with the products they know and trust.

[marty_poyt] 14/10/2008 13:27

This share really does appear to be powering up now, yet seems already to be quite expensive. Any ideas what's behind this?

[scburbs] 14/10/2008 08:13

Excellent brands, but will they suffer from people shifting to own brand or cheaper versions?

Indieman, why are people unlikely to economise on RB.'s type of product? Can't see it myself. They would seem to be easy areas in which to economise.

[indieman] 14/10/2008 06:59

RB is a solid company selling products that people need and are unlikely to economise on or stop buying. It's also growing its markets and brands well. That doesn't make it worth buying necessarily, because everybody knows that's the case. That's why the price and P/E ratio are so high.

[jas_ron] 14/10/2008 04:43

overvalued on a high p/e rating, slowdown in global economy will hit this hard i think. sorry to be bearer of bad news but people will cut back on spending and this will be hit. £20 by end of year -sure will have a decent rally today but this will go down longer-term.

[mali7] 09/10/2008 16:37

This is bargain level again, isnt it? Recently about 2-3wks it was looking like these could be £30+ soon, but maybe its forming another bottom before racing up. What do you think?

[roughjustice] 28/9/2008 12:47

You can now also find Robbie Burns as one of The Four Wise Monkeys at

[roughjustice] 27/9/2008 18:36

Its just an opinion, as companies I respect them but they dont in my opinion offer good long term value. The market is offering lots of stocks on low p/e's and yet a few seem to be holding onto their premium.

[enami] 19/9/2008 12:35

Massive director buying yesterday £776K.
Very close to my target for profit slicing 2935

[liarspoker] 16/9/2008 09:34

Are you going to believe the opinion of one guy ? He hates Tesco too - buy it at this price and see what happens if you hold for 10 years imo. Granted I wouldn't buy RB. at this price but I am happy collecting the dips at say sub 2600p ( and holding for the long term of course ).

[roughjustice] 15/9/2008 21:48

Its not dodgy, you can view it on Youtube or iTunes if you want. Five stocks were picked as a stock to hate.

[liarspoker] 15/9/2008 10:26

I have seen that link elsewhere and it looks a bit dodgy imo so I've decided not to click on it. :O)

[roughjustice] 12/9/2008 23:52

Tipped as a stock to hate on - Edition 12

[liarspoker] 03/9/2008 14:30

Very interesting article RB. vs ULVR:

[liarspoker] 28/8/2008 21:01

Not that I think much of anal-ysts but Deutsche Bank has increased it's RB. target from 3000p to 3100p.

[liarspoker] 19/8/2008 08:25

The Big Question: Are drug companies ripping off the National Health Service?

[liarspoker] 19/8/2008 08:24

British Firm Offered Incentive to Build Facility in Tooele Area

[liarspoker] 08/8/2008 08:03

Yep, results were nice.

Looking to add under 2500p.

[enami] 30/7/2008 15:36

Excellent performance after good results on Monday, up through 50MA and approaching 200MA at 2767

[enami] 25/7/2008 15:31

Doing OK here the last few days, Half Year Results on Monday 28 July.