Rpc Share Discussion Threads

[adejuk] 05/10/2017 13:46

where's the bad news?

[cheshire pete] 04/10/2017 17:36

Thanks, will get in touch with them to get access.

[mfhmfh] 04/10/2017 09:30

I read it on their digital access.

Strange there have been no recent articles/mention about SMS on IC.

[cheshire pete] 03/10/2017 23:34

mfhmfh See you follow these as well as SMS. 'Tuesday's IC' is that through their digital access? Mine comes in Friday's post.

[mfhmfh] 03/10/2017 23:04

Buy rating reiterated in Tuesday's IC.

[adejuk] 29/9/2017 16:08

sold for £1600 PROFIT
not bad for a few days
back in on mon.
good w/e all

[adejuk] 28/9/2017 15:52

v pleased
will buy ano 1k tmrw during the pre 9.30 fall
then just sit and be pleased with myself for the next two years
:-)
some hope !

[broadwood] 28/9/2017 15:26

Shares in the company were up 2.87pc to 967p on Thursday following the trading update, which also suggested that its business in China was driving its growth after it made heavy investment in the country in 2016.
George Salmon, equity analyst at Hargreaves Lansdown, said: “This solid performance builds on a series of positive updates in recent months and will likely further settle investors’ nerves, which had become frayed when concerns over the group’s accounting methods surfaced at the start of the year.”
The Northamptonshire-based firm designs and manufactures plastic packaging and other products for companies such as L'Oreal, Unilever and pharmaceutical giant Boehringer Ingelheim, and conducts around 70pc of its business overseas.
Pim Vervaat, chief executive of RPC, said the company had “successfully integrated recent acquisitions” and was heading towards its goal of moving outside its core markets to non-European countries before the end of the decade.

[broadwood] 28/9/2017 15:25

Packaging company RPC has brushed off investor concerns about its accounting to publish bullish predictions about its trading in the rest of the year.
The firm said on Wednesday that revenues and profits for the first half of the year would be well ahead of last year thanks to acquisitions and favourable foreign exchange movements.
It has recently completed a £511m deal to buy US rival Letica, boosting its North American business, and has been investing heavily in China.
The news comes after shares in RPC slumped to a 12-month low of 720.5p in June after some analysts suggested that its aggressive acquisition programme concealed poor underlying performance.
In July, the company announced a £100m share buyback and said it would be scaling back the pace of its acquisitions in order to concentrate on its existing business.

[broadwood] 28/9/2017 14:55

- RPC Group, a plastic products design and engineering company, said group margins and profitability levels in the first half will be ahead of management expectations, with profitability levels significantly up on the same period last year.

Revenues in the first half are projected to be well ahead of the corresponding period last year driven by the contribution from acquisitions, organic growth, polymer price tailwinds and translation benefits from foreign exchange movements.

The group said it is confident of continuing to grow through the cycle ahead of GDP.

In the first half good growth has been achieved in China, benefiting from investments made in the previous year.

The integration of Letica continues to progress well.

On 19 July 2017 the group announced an inaugural share buyback programme of up to £100m. Under the programme to date, 1.38 million shares have been acquired for a total consideration of £12.4 million.

[alastair33uk] 28/9/2017 14:31

This is rather wonderful... we've come along way since the June crash.

[mfhmfh] 28/9/2017 12:52

Target prices:

Numis: 28.9.17 - 1,130

Peel Hunt: 15.09.17 - 1,135

Credit Suisse: 12.09.17 - 1,180

JP Morgan Cazenove: 20.07.17 - 1,250

Some of the above might be upgraded with today's statement: 'Group margins and profitability levels (before and after exceptional items) are anticipated to be ahead of management expectations...'

All IMHO.

[phillis] 28/9/2017 12:49

as bullish a statement as you will ever get....

[shauney2] 28/9/2017 12:16

Gapping up now.
All that Northern trust boohah seems a long way away.

[mfhmfh] 28/9/2017 09:31

if share price can break past 950p, should be clear run to 1000p. IMHO.

[adejuk] 28/9/2017 09:10

really nice drop
got 1k at 927

[ali47fish] 28/9/2017 08:24

why is the share price down with an ahead update

[broadwood] 28/9/2017 07:36

That should do nicely.

RPC profit and margins ahead of expectations

[mfhmfh] 12/9/2017 11:42

Resistance around 950p - once we pass this should move up to 1,000p.

[wobaguk] 12/9/2017 11:33

I got in at the wrong time and am now finally returning to break even. Im tempted to get out now, despite the promise of future rises as RPC has proven to be the least predictable of the shares which should on 'paper' have been solid all along

[billywhizz1] 07/9/2017 17:33

Thanks Dozey, Must say though, same criteria applied when shares reached 930p, but that's the stock market for you !

[dozey3] 06/9/2017 16:00

Markets are very high' North Korea, Brexit, hurricanes and Mr Corbin are unsettling. Share prices go up and down. If it stops you sleeping at night then ditch your shares' if not, and you don't need the cash, hold on.
IMO of course. It is my second largest holding after IQE.

[billywhizz1] 06/9/2017 14:10

I'm baffled.....anyone know why RPC price is slipping....'I don't'. Someone please tell me ?

[steptoe57] 25/8/2017 17:42

Well they pretty much filled the gap, recovered all the dividend payout, & had a mini breakout. What's not to like 👍