Robert Wiseman Dairies Share Discussion Threads

[mistertibbs] 20/7/2006 15:10

Quite correct deniscaff. Another nice wee leap so far today. I wonder if Sainsburys have said something about their milk review? We'll soon find out.

[deniscaff] 21/5/2006 12:09

They must have the same oil related cost pressures as DCG and ARU and suffer from the supermarket price wars but as usual they out perform the other two hands down when it comes to the share price

They are clearly better and more focused on the major retail sector of the business without the distraction of a declining doorstep sector that the other two still have ( which though still pofitable has become a liability and should be merged ) they also have the distraction of competing with each other over the market share of leading butter cheese and added value dairy products that RWD don't have.

In summary RWD are "leaner and meaner" allowing them to ride out the bad times as they are the lowest unit cost producer and have by far the lowest gearing.

[mistertibbs] 08/5/2006 21:41

Just like previous post 8 months ago, yet more increases on no news. Just before the results as well. Will they fall after their release or the underlying news come out in the open, if there is any?

[alex820] 17/9/2005 19:53

Have you noticed the sudden jump of RWD shares? Does anyone know why they have done this? They have broken a previous 270p high barrier that they couldnt pass. I can't find any reason why they have gone up so much.

[samg99] 30/6/2005 22:31

Just in case any RWD holders/traders don't realise.....it will be going on to the SETSMM trading system on Monday week (11th July). IMO that will mean wider spreads a lot of the time, plus worse liquidity - we'll soon see!

[onlyonestorm] 10/1/2005 11:04

Ex - Divi Wednesday, still waiting on contract news on Morrison and Somerfield contracts.

STORMY

[deniscaff] 06/1/2005 18:01

Re Scotsman Article 28th Aug 2004 Maybe a touch of the "Braveheart" syndrome ! and as for the Wiseman employee , remember Napoleon and Waterloo ! Hear endeth the history lesson .

[roth] 28/8/2004 10:53

This article appeared in today's 'Scotsman':

Wiseman has the capacity to win supermarket milk war

Alastair Reed & John Bowker


THE rollercoaster ride that has been Robert Wiseman Dairies over the past few months took another unexpected turn yesterday, when Scotland's dominant milk processor revealed a second major contract win in the space of 48 hours.

Despite oil grabbing much of the headlines, the UK milk industry has been no less turbulent. At the beginning of the week Wiseman shares were down at 197p, having slumped 30 per cent following the loss of the £70 million Asda contract in May. Two major contracts and five days later, its shares closed the week up 17 per cent at 234.5p.

But even with a net gain of about 100 million litres of milk a year, that rise is still well below the 283p it enjoyed before the Asda announcement. Why?

Part of the reason is that the company is not getting carried away with its success. Managing director Robert Wiseman has maintained a stony media silence. This is illustrative of the company's approach: honesty in bad times and humility in the good ones.

Wiseman is keenly aware that the whole milk industry is going through a period of rebalancing and such is the rate of change, loose words can quickly come back to haunt you - just ask Arla chief executive Neil Davidson.

But perhaps more importantly, the pricing environment has transformed since May. There is talk in the City that Arla may have had to cut margins drastically to poach the Asda contract and the knock-on effect has been widespread.

Raw milk prices have dropped since 1994 and now margins are being slashed like never before. Ten years ago the first public auction of milk saw prices of 28p a litre. But for much of the past two years the average price has been 10-12p less than that and there is no sign of it rising.

Inevitably, oil is hitting UK milk producers hard. Soaring oil prices - predicted to hit $60 a barrel by the end of the month - cuts into already thin margins, with increasing fuel and plastic prices exacerbating the impact. And if that wasn't enough, the European Union is set to impose its working time directive, which is simply going to add costs whichever way you look at it.

However, with increasing cost pressures hitting all milk producers, Wiseman has the advantage of being one of the UK's most efficient producers.

The Tesco contract gives Wiseman a key boost and with a new depot in the south-east of England set to be operational by next summer, the Scottish operator is well positioned, capacity-wise, to take on Arla in its own backyard.

The final showdown will be decided by the Morrison and Somerfield contracts, which are both under review. Until then, as by far the most efficient operator, Wiseman is in pole position to push home its advantage.

[lesmarie1] 27/8/2004 19:06

You say they have lost the Asda contract, officially they may have but un-officially they are still knocking out Asda milk and I believe they need to give at least 3 months notice before they do finally pull out, which then still takes it to the other side of Christmas. I don't think Wisemans will actually lose any revenue through this transision.

[roth] 27/8/2004 11:26

This one surely has a long way to go after the announcements of the last two days. Not only have they replaced the lost ASDA contract but by my calculations they are assured of an extra £40 million sales. Growth is assured for the next couple of years and the next few weeks will see this move sharply upwards as the market wakes up to the news and the press and brokers give their recommendations. This could be re-rated very quickly to above the pre ASDA levels.

[lesmarie1] 06/5/2004 10:15

There is more to come from this, to be sure. Can't wait till 11th May for results.

[pongopete] 29/4/2004 18:19

don,t worry guys i have worked for wiseman for ten years in scotland they are shrewd operators i am also a shareholder like yourselves.even i am shocked by the growth of wiseman daires since i started with the company ten years ago they are in for the duration.they have 95 perc. of the market up here and in the last few years they have opened state of the art facilities in england they want to be the no,1 player even express opened a few depots up here in response to wiseman going south but could not cope with them now they are gone they are an excellent bet if you are looking for a long term investment. the big english companys are not or don,t want to invest in their daires. whilst wiseman is opening state of the art daires all over england and wales what does that tell you.

[cockneyrebel] 03/3/2004 11:53

Chairman and CEO sells in December have scared invesors out - don't blame them. If they are both selling huge chunks it's bound to make investors uneasy.

CR

[davpat] 03/3/2004 11:44

Anybody out there watching this stock have any idea for this negativity? Have held since last June and was pleased with December results, but I see Standard Life have offloaded and now 250k have just gone through, I assume as a sell. Any news would be welcome.

[cockneyrebel] 02/12/2003 07:19

excellent results, debt down, divi up, 20% growth, PE 9 or 10?

Lovely.

CR

[cockneyrebel] 01/12/2003 09:53

Moving up nicely ahead of tomorrows results today - which is nice :-)

CR

[cockneyrebel] 30/11/2003 20:11

Results Tuesday - holding a few of these as they look like they will deliver (get it?, deliver) on promises but the price has drifted.

CR

[cockneyrebel] 06/11/2003 13:00

Have been buying these today.

Interims due on Dec 2.

After raising earnings 30% this year they are expected to grow earnings nearly 20% this year.

Forecast PE 11

Company has already said H1 is looking good.

Their pension fund bought 250K at about this level recently.

The have increased capacity and are supplying Tesco and Sainsbury.

Here's the AGM statement:

RNS Number:7471P
Robert Wiseman Dairies PLC
15 September 2003



15 September 2003


ROBERT WISEMAN DAIRIES PLC

PRE CLOSE TRADING UPDATE


In accordance with its usual practice, Robert Wiseman Dairies will meet a group
of analysts today ahead of its half year-end on 27 September 2003. At this
meeting Group Finance Director, Billy Keane, will give the following update on
current trading:

"The Company's sales volumes and turnover for the half-year ending 27 September
2003 are in line with forecasts and the Company remains confident it will
deliver satisfactory results for the full year.

The #7.2 million expansion of our Droitwich Spa facility will complete on
schedule in October 2003, increasing capacity from 350 to 500 million litres per
annum. This will give the Company a platform from which it can continue to grow.
We are confident this capacity will be successfully utilised by a combination of
anticipated market growth, as the doorstep market continues to decline with a
corresponding increase in the multiple retailer sector, and new store
allocations from our customers.

The new contracts with Tesco and J Sainsbury, which commenced in April, have
started positively. In addition, new business with Somerfield and Iceland/Booker
also started as planned during the last few months.

Bulk cream selling prices remain firm and are well ahead of the same period last
year. A generic advertising campaign to help boost liquid milk consumption in
Scotland is now underway, based on the excellent campaign run in the USA and
involves artists such as Atomic Kitten and Big Brother winner, Cameron.

We remain optimistic that milk prices will continue their steady recovery and we
were delighted to be able to further increase the price paid to our milk
suppliers on 1 July, maintaining our place as the top paying major dairy
company. We will review our price again on 1 October in the light of market
conditions, but are hopeful there will be a further rise in price to our milk
suppliers.

We await, with interest, the outcome of Competition Commission Inquiries into
both the proposed takeover of Express Dairies by Arla Foods and the possible
acquisition of Safeway by one or other of the interested parties. We are
confident that, whatever the outcome of these Inquiries, we are well placed to
take advantage of any opportunities that may arise."

The Company's interim results will be announced on Tuesday, 2 December 2003.

[wendsworth] 19/6/2002 16:28

Good move up yesterday and it's held the rise today.
Currently RWD and EXD(Express Dairies) are my two star performers .
Some market analysts are now of the view that undervalued small cap. stocks in non-volatile sectors provide the best opportunity for growth in thes somewhat troubled times for FTSE stocks.
Maybe that's why RWD and EXD are proving so rewarding ?

[dave46] 10/6/2002 23:25

Robert Wiseman is featured in this fornightly edition of chartoracle - with a detailed technical analyst perspective that it pretty positive about its price direction - co - written by Zak Mir
You will need to register, but it is free for the first month to try it out


All the best

Dave

[cat] 07/6/2002 09:20

interesting - something must be up.

[jps25] 31/5/2002 16:40

yes but why? scottish milk prices are very low farmers are suffering the scotsman reported this week, does low milk prices help?

[s34icknote] 31/5/2002 11:44

Any one watching this one,its starting to move! Maybe 160-180p

[danlisa] 05/4/2002 15:22

RWD have a strong management team.They compete seriously and others in the sector don t like it.They have a sound steady strategy on growing the business and have bought out many small playersto dominate Scotland.They wait for the right opportunity and never pay over the odds.Droitwich will soon put others under pressure and there will be consolidation sooner or later.I held Stakis ~2 yrs ago and Michels ended up running Hilton----the same could happen with RWD.I think RWD is a safe hold with real prospects for growth and a big premium sooner or later.