Robert Wiseman Dairies Share Discussion Threads

[bogg1e] 18/10/2010 08:45

Morning jab! Not in yet, got my money elsewhere atm, although with the recent drops in the ftse and dow i shall have to wait a wee while to close them off! Im interested in the Money Week tip as i get moneyweek and find them reliable.

[masurenguy] 16/10/2010 15:16

I see that Paul Hill in MoneyWeek has made RWD today his share tip of the week stating that "now is the perfect time to buy" after last months 30% fall in the share price !

[jab118] 13/10/2010 12:39

nice liitle curve on this up swing ... NICE !

[jab118] 13/10/2010 11:43

...---...--- calling West Berkshire, are you still watching ;-)

[jab118] 12/10/2010 08:03

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[bogg1e] 07/10/2010 11:51

jab thats a nice profit, well done mate.

[jab118] 07/10/2010 11:50

ps. One reason why I sold TATE is the new man has sold the Molasses off, I'm concerned about that....;-)

[jab118] 07/10/2010 11:03

Someone has turned on the milking machine, and cows are buying the AI straws, they're all BULLING lol

and all milk is pumping... good VOLUME and building Boggle..;_) STRONG HOLD for me mate

[bogg1e] 07/10/2010 10:22

Hi Jab, my money is elsewhere atm (IMI + MCRO), but still keeping an eye on rwd. Thats a good rebound today and duly noted. looks like you got an excellent price yesterday? You gonna hold them or take profits as shares to add to your bundle or just keep building the position?

[jab118] 07/10/2010 09:09

hello. looking peaky today....;-)

[jab118] 06/10/2010 11:37

yes I bought a few more earlier, seems rude not to.

.boggle how about you ?

[masurenguy] 06/10/2010 00:56

RWD Chairman remains upbeat about the future !

UK dairy prospects 'undoubtedly good'

THE prospects for the UK dairy industry are undoubtedly good, says the new chairman of Dairy UK. Robert Wiseman, who executive chairman of Robert Wiseman Dairies, succeeds Mark Allen, chief executive of Dairy Crest, who has been in the Dairy UK post two years. Mr Wiseman said: "This is a great place to produce milk, we have the best dairy farmers around, growth in global demand is set to continue and we have a competitive, innovative and vibrant processing sector.

[bogg1e] 05/10/2010 10:47

Hi all, i was quoted a report from one of the sunday papers (sorry i cant remember which one) that stated that RWDs profits will be hit this year (no surprise there as RWD have already stated as such) but also that the profit margins will be hit next year also, so it shows that at least some share pundits think rwd wont be in favour for quite a while. This doesnt alter my view that RWD is undervalued and is worth buying. Its now just a matter of timimg and waiting for the market to decide the price at which RWD is clearly oversold.

[masurenguy] 05/10/2010 10:24

The dividend is not under threat in the current financial year. By the time we get into next year the supermarket milk price scenario might have changed once more and it may not impact the dividend then either !

[phil140158] 05/10/2010 10:21

The dairy farmers are the main price takers. Processors (and retailers) are usually regarded as the bad guys by the milk producers. We should remember that the milk price war is only going to reduce RWD profits and not wipe them out all together! Many dairy farmers haven't made a profit for years. Is the dividend under threat?

[salpara111] 05/10/2010 09:11

RWD's problems are created by the fact that they are "price takers" they do not have the market or product power to be able to dictate their pricing which means that when the supermarkets decide to have a milk price war RWD are the loosers.
I dont expect it to last for a long time but it will clearly hit the bottom line heavily for a short period of time.
Waiting for my 303 entry point.
I dont expect to see a strong bounce back but rather a slow climb back to the 400 territory in about a year..assuming that there are no other external shocks.

[jab118] 03/10/2010 13:27

food inflation will turn this around very soon....

Even Midas is saying so, albeit indirectly ;-)

[jab118] 02/10/2010 13:26

salpara, yes I can, then can you remember food inflation back in the early 70's when bread and milked double over night...

I have a few here and will be buying in as this falls further.

This last profit reduction in my view is a small blip ;-)

[salpara111] 02/10/2010 13:03

Well, I have set my buy order for 303.

I guess one of the issues here is that the market cap means that it is pretty certain to get ejected into the small cap index at the next reshuffle which will result in a lot of fund selling.

I just bought a 4 pint milk carton in Lidl this morning and was surprised to see that it had dropped from £1.09 to £1.

Does anyone remember the bread wars from a few years back, you could buy a loaf of basic white bread for 10p.

[bogg1e] 01/10/2010 09:45

Phil agreed. I have every intention of buying back in; way undervalued and low rsi so must be near the bottom, its just that there are other shares with more momentum at the moment, like weir, rsw, imi. They dont offer the same possible upside but i could possibly make 10 good trades on them before i suspect rwd will begin to lift again. At this rate it could be a month or so of sideways movement, which is too long to have cash tied up which could be earning elsewhere. Good luck all.

[phil140158] 01/10/2010 08:34

Boggle, I think this is one to buy and put away for the longer term. Just a matter of timing to get in at the right price. Maybe it'll take some better news to get the price moving.

[bogg1e] 29/9/2010 13:16

Hi chaps, got out for now, took a 500 squid hit, but on the amount i trade i should make that back pronto, then wait to get back in again at a better price or at least when the share price starts to build a sustainable recovery. Good luck!

[bogg1e] 28/9/2010 14:44

Hi Jab, Still in but not happy at the lack of buying. Although my fundamental reason for buying in hasn't changed, way undervalued so not letting go just yet.