Robert Wiseman Dairies Share Discussion Threads

[quickmind] 30/10/2008 09:57

My hunch is that this could rise to £4 mark reasonably quickly. I'm actually hoping a pull back to 350p-360p level. It's hard to buy more than 1,500 shares in one go.

[billywills] 29/10/2008 21:12

Im in aswell.
Nice rise today, hopefully we have a bit of momentum here.

[quickmind] 29/10/2008 20:58

Yes. Bought today.

[billywills] 29/10/2008 10:17

anyone watching this one?

[mistertibbs2] 22/10/2008 22:45

Is the spread that much? Crickey. Never noticed with this share price jiving about at this level. How the hell could I not have noticed that. I must be asleep. I'm only building up slowly on this one each month. At least the price down here has been holding up reasonably well over the last 4/5 months, certainly better than the market overall.

[w.bramley] 20/10/2008 10:19

Think a 10p spread is too much, plus brokerage and stamp duty. makes the share unattractive.

[billywills] 20/10/2008 08:16

I wonder if this may be the start of a bit of a recovery for RWD shareprice. It seems to have out performed the markets in recent times.
Anyone got any views on this one?

[spob] 06/7/2008 20:03

Robert Wiseman Fundamentals 6 July

336p

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
03-Apr-04 a474.51 a29.13 25.78p 10.3 1.5 +7% 7.25p 2.7%
02-Apr-05 489.17 25.22 27.32p 9.9 1.6 +6% 8.00p 3.0%
01-Apr-06 568.56 26.73 25.35p 12.3 n/a -7% 9.00p 2.9%
31-Mar-07 605.29 34.59 32.33p 14.2 0.5 +28% 12.00p 2.6%
29-Mar-08 721.98 29.18 34.74p 13.2 1.6 +8% 14.00p 3.1%

a. Based on UK GAAP presentation of accounts - includes discontinued activities
Robert Wiseman Forecasts
Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-09 769.92 34.56 32.42p 10.4 n/a -4% 15.46p 4.7%
31-Mar-10 801.57 38.11 35.79p 9.4 0.9 +10% 17.24p 5.2%

[hijeff] 02/7/2008 13:08

any new news?

[spob] 29/5/2008 05:34

29 May 08

price 375p

Mcap 273m

Robert Wiseman Fundamentals
Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
03-Apr-04 a474.51 a29.13 25.78p 10.3 1.5 +7% 7.25p 2.7%
02-Apr-05 489.17 25.22 27.32p 9.9 1.6 +6% 8.00p 3.0%
01-Apr-06 568.56 26.73 25.35p 12.3 n/a -7% 9.00p 2.9%
31-Mar-07 605.29 34.59 32.33p 14.2 0.5 +28% 12.00p 2.6%
29-Mar-08 721.98 29.18 34.74p 13.2 1.6 +8% 14.00p 3.1%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Robert Wiseman Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-09 769.08 35.48 33.88p 11.1 n/a -2% 15.42p 4.1%
31-Mar-10 799.48 38.66 35.98p 10.4 1.7 +6% 17.17p 4.6%

[spob] 13/5/2008 11:22

Northern Foods...

has turned down a proposed contract with Marks & Spencer that would have meant supplying chilled foods at a loss. Northern Foods is not prepared to do this and, accordingly, is prepared to lose £45 million turnover. This will result in the factory being mothballed for the time being. We believe that, ultimately, this could be positive for Northern Foods, but clearly it is indicative of the pressure being put on suppliers by retailers and Northern Foods' share price may react negatively to this news. We will maintain Northern Foods on monitored coverage until the outlook for the group becomes brighter. (Monitored Coverage)

David Liston, Equity Analyst




Premier Foods....

trading update is much as expected. Sales are up by 6.3% in the first four months, which looks satisfactory. The group has reiterated that profits will be second-half weighted, with a continuing impact from cost pressures in the first half. However, Premier Foods has been able to achieve price increases to offset raw material cost increases. Market share at Hovis has stabilised and, even though a further price increase will be sought, Premier Foods will not go it alone this time, but will work with its peers to achieve this. Integration of the RHM acquisition is proceeding well and the factory closure programme is on track to deliver the expected synergies. The market was hoping that Premier Foods might reveal its strategy for disposals, but has said nothing on this so far. The share price has seen some recovery in recent months, but still offers upside to our fair value estimate of 160p. Accordingly, we retain the Outperform recommendation.
Recommendation: Stock Relative to Sector: Outperform. Sector Relative to Market: Underperform. Stock Relative to Market: Accumulate.

David Liston, Equity Analyst

[spob] 12/5/2008 13:14

UBS has downgraded Dairy Crest, off 16½p at 456¼p, from buy to neutral and slashed its target from 720p to 500p. The broker says that, despite a portfolio of decent brands and a scale advantage in the fresh dairy category in the UK, it believes Dairy Crest's business model means it cannot escape the changing conditions in the dairy markets. It has lowered its profit forecast for 2009 by 10% to £101.5m, and does not rule out further downgrades.

[spob] 12/5/2008 13:06

Another profit warning


Wiseman milk price warning as costs soar

Hugo Duncan, Evening Standard
12 May 2008, 11:38am

Robert Wiseman Dairies today warned that soaring energy and wage costs will hit profits this year, and could force it to push through yet more increases in the price of milk.

The firm said 'unprecedented' rises in the cost of diesel and other energy and in staff wages have forced it to put up milk prices but delays in these increases will knock £3m off its profits in the first quarter.
Chairman Alan Wiseman warned it will take a further £2m hit to profits this year if it does not put up prices again - bad news for millions of families who have seen food prices rocket in the past year.

Overall, he said profits could be reduced by £8.5m this year.

It is reckoned many households are spending almost £1,000 a year more on food as a result of price rises driven by a worldwide crisis over supplies of key crops such as corn, wheat and rice.

Increases in the cost of food and oil have pushed the official rate of inflation well above the Bank of England's 2% target.

Wiseman today said it has started to push through increases in milk prices to deal with 'the exceptional boom in commodity prices', although there have been delays in forcing these changes through.

He added: 'Costs have continued to rise since negotiations with our customers began, which will have a further impact on the outcome for the current year.

'If they continue at present levels and are not mitigated by another selling-price increase, we currently envisage that this could further impact on operating profit by up to £2m in the year.'

Wiseman said prices of milk continued to remain high in Britain as farmers fail to increase production because of higher costs.

He added: 'In recent months, we have faced an accumulation of cost and revenue pressures that will, disappointingly, impact our profitability in the current year.'

Profits fell 11.3% to £31.6m last year as the higher costs overshadowed a 19.3% rise in turnover to £722m. The dividend is up to 14p from 12p.

[spob] 30/1/2008 08:38

bulk cream selling prices fall

now falling global dairy commodity prices

downward pressure on milk prices

hope that the current bulk cream price weakness will be short lived

we are holding our farm gate milk price for the next month

margins being squeezed

inflationary pressure on costs remains

wages

Plastic and oil costs are the main concern

Platts Resin index increasing 8% in January 2008 to a new record high

Diesel prices have also increased by 12% since Summer 2007

[spob] 30/1/2008 08:34

Profit warning

[spob] 30/1/2008 08:27

Robert Wiseman Dairies PLC
30 January 2008

30 January 2008



ROBERT WISEMAN DAIRIES PLC

INTERIM MANAGEMENT STATEMENT

BRIDGWATER DAIRY NOW OPERATING AND SATISFACTORY TRADING PERFORMANCE FOR
CHRISTMAS PERIOD AND YEAR TO DATE

The Company's sales volumes and turnover for the ten months to 26 January 2008
are in line with forecast and the Company is confident it will deliver results
for the year that are in line with management's expectations.

Our new South West dairy at Bridgwater commenced production on schedule prior to
Christmas 2007 and helped us achieve excellent service levels to our customers
over this crucial period. We will, as planned, see the full initial phase one
capacity of 250 million litres coming on-stream by April 2008. This will allow
the Group to begin to enjoy the significant savings from the elimination of
additional haulage and premium running costs at our existing dairies, which have
been operating beyond their optimum capacities.

The Group is also about to relocate its distribution operations from a leased
site at Taunton to the new Bridgwater site which, again, will lead to improved
efficiencies and cost savings.

The second half of the financial year has seen bulk cream selling prices fall
from their peak in Autumn 2007. In conjunction with now falling global dairy
commodity prices, this is exerting downward pressure on milk prices. Despite
lower bulk cream prices, we are holding our farm gate milk price for the next
month, and this reflects our hope that the current bulk cream price weakness
will be short lived.

Whilst we were successful in recovering increased costs in our selling prices
during Autumn 2007, inflationary pressure on costs remains. Plastic and oil
costs are the main concern, with the Platts Resin index increasing 8% in January
2008 to a new record high. Diesel prices have also increased by 12% since Summer
2007. If these costs persist, they are likely to require an increase in our
selling prices to maintain operating margins.

We remain confident that, with our new Bridgwater dairy now on-stream, we are in
excellent shape going forward. The challenges presented by rising costs and
volatile commodity pricing are familiar ones, which we expect to be
satisfactorily dealt with in the period ahead.

Notes

Certain statements made in this announcement are forward looking statements.
Such statements are based on current expectations and are subject to a number of
risks and uncertainties that could cause actual results to differ materially
from any expected future events or results referred to in these forward looking
statements. Unless otherwise required by applicable law, regulation or
accounting standard, we do not undertake any obligation to update or revise any
forward looking statements, whether as a result of new information, future
developments or otherwise.

The Group will issue a Pre-Close Trading Update on 27 March 2008 and its
Preliminary Results for the Year to 29 March 2008 on 12 May 2008.


- ENDS -

[spob] 12/12/2007 11:10

Robert Wiseman Dairies PLC said chairman Alan Wiseman and chief executive Robert Wiseman have each sold 1.50 mln shares at 520.5 pence per share, cutting their respective stakes in the company.

Following these transactions, Alan Wiseman holds 11.03 mln shares, or 14.99
pct, and Robert Wiseman holds about 12.69 mln shares, or a 17.24 pct stake.

[moocow56] 15/5/2007 11:24

Apart from the chairman selling shares over the last 6 months, are there any other bad things that I am missing. Excellent trading statement yesterday, well run company, continually expanding, yet seems little interest from investors ???

Anybody help me please

[v11slr] 06/12/2006 08:29

Nice break through £5.

Doesn't look like the PI has noticed this yet. Just the way I like it.

[spob] 13/11/2006 08:52

Calendar -






Fundamentals 13 Nov 2006

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
29-May-02 a371.06 a16.53 13.17p 10.2 n/a -16% 4.17p 3.1%
29-Mar-03 a390.98 a22.80 24.19p 7.3 0.1 +84% 6.90p 3.9%
03-Apr-04 a474.51 a29.13 25.78p 10.3 1.5 +7% 7.25p 2.7%
02-Apr-05 489.17 25.22 27.32p 9.9 1.6 +6% 8.00p 3.0%
01-Apr-06 568.56 26.73 24.69p 12.6 n/a -10% 9.00p 2.9%
a. Based on UK GAAP presentation of accounts - includes discontinued activities
Forecasts
Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-07 607.77 31.13 27.89p 16.1 1.2 +13% 10.03p 2.2%
31-Mar-08 628.48 32.67 30.78p 14.6 1.4 +10% 10.82p 2.4%





07 Dec 2007 price 520p MCap 382m

Robert Wiseman Fundamentals
Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
29-Mar-03 a390.98 a22.80 24.19p 7.3 0.1 +84% 6.90p 3.9%
03-Apr-04 a474.51 a29.13 25.78p 10.3 1.5 +7% 7.25p 2.7%
02-Apr-05 489.17 25.22 27.32p 9.9 1.6 +6% 8.00p 3.0%
01-Apr-06 568.56 26.73 25.35p 12.3 n/a -7% 9.00p 2.9%
31-Mar-07 605.29 34.59 32.33p 14.2 0.5 +28% 12.00p 2.6%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Robert Wiseman Forecasts
Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-08 703.95 35.94 34.10p 15.3 2.8 +6% 13.96p 2.8%
31-Mar-09 755.18 39.57 38.12p 13.6 1.2 +12% 15.64p 3.1%







as of 07 Dec 2007

A
13.17-------02
24.19-------03
25.78-------04
27.32-------05
25.35-------06
32.33-------07

F
34.1-------08 March
38.12-----09

G = [ ( 38.12 + 34.1 + 32.33 ) / ( 13.17 + 24.19 + 25.78) ] POWER 0.2

G = 10.6 %

EPS 5 = ( 34.1 + 32.33 + 25.35 + 27.32 + 25.78 ) / 5

EPS 5 = 26.106

Y = 2.6 %

V = ( 6.5 + 2.6 + 10.6 ) * 26.106

V = 514p



REPORTS -

Major Holders -

SUCKERS -


Major Shareholders

Shares in issue: 73.6m 10p Ords

Major Shareholders Amount % Holding

Robert Tennant Wiseman • 12,689,896 17.25
First Milk Ltd 11,332,197 15.11
Alan William Wiseman • 11,031,314 14.99
Aberforth Partners LLP 3,687,299 5.08
Standard Life Invs Ltd 3,695,289 5.02
AXA SA 3,049,472 4.20
G J Wiseman 2,563,999 3.53
Legal & General Group PLC 2,556,275 3.47