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RBN Robinson Plc

115.00
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Robinson Plc LSE:RBN London Ordinary Share GB00B00K4418 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 115.00 110.00 120.00 115.00 115.00 115.00 8 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Plastics,resins,elastomers 49.67M -820k -0.0489 -23.52 19.27M
Robinson Plc is listed in the Plastics,resins,elastomers sector of the London Stock Exchange with ticker RBN. The last closing price for Robinson was 115p. Over the last year, Robinson shares have traded in a share price range of 85.00p to 122.50p.

Robinson currently has 16,753,445 shares in issue. The market capitalisation of Robinson is £19.27 million. Robinson has a price to earnings ratio (PE ratio) of -23.52.

Robinson Share Discussion Threads

Showing 701 to 725 of 900 messages
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older
DateSubjectAuthorDiscuss
21/10/2021
12:17
i unfortunately could not make it
castleford tiger
21/10/2021
11:59
no excitement generated by open day for investors.
charo
01/10/2021
13:50
Get ready for profits warning.
charo
28/9/2021
18:30
indeed
this is crazy cheap I keep adding

castleford tiger
28/9/2021
11:44
Well please let us all know how it goes.
arthur_lame_stocks
28/9/2021
11:36
i have asked
castleford tiger
28/9/2021
11:22
Anyone going to the Capital Markets day?
arthur_lame_stocks
02/9/2021
18:17
Tandem delivered in spades.MK stuck with good and bad.Similarly creighton.
Was in and out over last 10 years,should have stuck,but hey.
Tex ,straight,synnovia and tricorn also but got out with profit.
I invest over wide range always avoiding mining,oil and blue sky .Basic kick tyres approach with low risk appetite.
No judgement meant and wish good fortune to all who have bottle to invest.

charo
02/9/2021
17:29
I happy to accept another view its just with so many good companies out there i am unsure why you waste your time here?

TND up 8.33% today by the way

castleford tiger
02/9/2021
16:53
I make my own decisions,not always the right ones.But for a good number of years now had to live from my investments.
Any comments are just that .I don't pretend to be an expert and no advice is offered .

charo
02/9/2021
16:24
You should be in TND then with us
castleford tiger
02/9/2021
14:49
Also and irrelevant.Significant investor in aim stocks in region of £5 million .My holdings are dependent on responsible and effective management..
I ignore the babble of governance and esg nonsense and look for honesty and transparency, whether results are good or bad.
Good managers accept and admit when things go wrong,which is often,but offer solutions and get on with it.

charo
02/9/2021
14:05
charo

i thought i had answered but cannot see my reply.

you say.........

Expect significant loss for year and even with sale of say £4 million of property for cash.After paying deferred consideration,dividend and funding losses debt may slightly increase

Firstly i think you are wrong.
Deferred consideration is to be paid following 21 accounts post audit once we see EBIT from the business in 20 and 21

I also feel you are being too harsh with your numbers.

Resin prices falling and the lag between costs going up and RBN increasing prices has passed.

I do read the accounts as i am an accountant.

Can i ask have you any position here?

Tiger

castleford tiger
01/9/2021
15:53
Demand down so sales less material cost increases reduced.Meanwhile costs ,reported as higher remain,
Operating profits will be significantly lower, even including contribution from acquisition.
Expect significant loss for year and even with sale of say £4 million of property for cash.After paying deferred consideration,dividend and funding losses debt may slightly increase.
Read the accounts.

charo
01/9/2021
15:45
Obviously.As exactly what I said stripped of verbiage.
charo
01/9/2021
11:36
Revenues were 19% higher in the first half of 2021, 3% higher excluding the Schela Plast business acquired in February. After adjusting for price changes and foreign exchange, sales volumes in the underlying(1) business, which have been affected by changes in consumer behaviour and intermittent lockdowns, are in line with 2020, which included additional demand due to the Covid-19 pandemic.

Resin prices have now stabilised and shown the first signs of a reduction in July, however, we are not expecting a significant reduction before the end of the year. We are also experiencing price inflation in other areas including secondary packaging and transport which will continue to impact on the second half of the year.

Across our markets we are seeing a lower-than-normal level of demand in the third quarter due to the ongoing uncertainty across FMCG supply networks and a varying pace of recovery following the pandemic. We are now expecting this to continue for the second half, so we are accelerating our plans to improve our operations for additional cost savings and profitability.

We expect full year operating profit before amortisation of intangible assets to be in the region of GBP2.0m (2020: GBP2.7m).

I read that differently

castleford tiger
01/9/2021
10:52
Just a few more for me today
ayl30
01/9/2021
08:45
Interim statement confirms trading lower in 3rd quarter and high costs in line with previous second half, maintained. Lower sales expected to last throughout period 4.First half operating profit £57k but forecasts £2000000 in second half.
So even if significant second half recovery and including full second half from acquisition well behind last year.Bonuses all round.

charo
31/8/2021
19:11
I got half what I wanted
castleford tiger
26/8/2021
13:39
just got back in under 100p
98.925 added what there was 2 lots of 5k

castleford tiger
26/8/2021
12:47
I have also added shares to my holding over the last couple of days!The company has generated substantial cash historically and I expect the debt to reduce.Frankly its bankers would not have offered the fairly generous facilities if they thought the company could not pay the loans back....
1tx
26/8/2021
12:37
Agree with your comments re pension plan Arthur;I mentioned it because at around present value Robinson might represent an attractive takeover prospect but the scheme might put off buyers,it is a multiple size in terms of assets to Robinson so probably we are reliant on the companies own efforts to improve share price.
1tx
26/8/2021
12:32
1TX
Why would a pension surplus put anyone off?

I have seen many companies add the surplus to assets. ( Morrisons doing that right now )

So part of the debt ( 3 million ) is actually cash owned by the company set aside for any pension contributions.
Like ALS i am relaxed with debt as its been invested in improving the business.

They will be getting extra margins now as resin price falls.

I have bought heavily this week and a few today ( all under 100p) which i am very happy about. I am more than half way to my target of 475,000 shares.

Not sure who is selling but had no trouble buying these last few days..
Bit tighter now asking 101p for 5000 sellers getting 97p

tiger

castleford tiger
26/8/2021
12:11
It's probably best not to include the pension surplus as an asset in the accounts as even if it proves good it is very hard for companies to get their hands on this money.

Anyone remember Lonrho?

arthur_lame_stocks
26/8/2021
12:07
I think we are on about the sixth generation of Robinsons since the business has been around for circa 200 years!The remaining Robinson packaging businesses are the "stub" of the Robinson empire as in the years prior to listing in 2005 various bits including Robinson Healthcare were spun out of this business;most have I think have now been sold on to new owners by the family.Incidently Robinson PLC retains the defined benefit pension plan it has been closed to new members for around 25 years & is about £9m in surplus.Robinson has also been contributing additional amounts to an escrow account circa £3m to date which may be handed over to the fund if required or otherwise returned to Robinson if not.The £3m has been loaned back to the company on commercial terms & forms part of loans.Neither the pension surplus or escrow account are included as assets.As for family holdings a number of 3%+ holdings are disclosed are probably family.I suspect there are a number of smaller holdings.The pension plan could put off any takeovers although it might be possible to sell it on to an insurance company.
1tx
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older

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