Rpc Share Discussion Threads

[jeffian] 12/12/2014 16:15

"I've been looking for these dates without success"

Eh? Have you tried clicking on the news section above?

27/11/2014 07:01 UKREG RPC Group PLC Proposed Acquisition of Promens Group AS

It's all in there!

[godwin2] 12/12/2014 16:07

Thank you, philanderer. I've been looking for these dates without success and am now wondering when I shall hear from my broker about my options - presumably after the 17th. Thanks again.

[philanderer] 10/12/2014 14:10

Just creeping back to that 600p.... and something festive :-)

'RPC Bebo wins Christmas pudding deal',


RPC Bebo UK has supplied the plastic pots for Simpson’s of Manchester’s Christmas Puddings, sold across Spar supermarkets.

[philanderer] 09/12/2014 13:28

Tricky markets shauney, Greece rearing it`s head again now :-S

[shauney2] 09/12/2014 09:53

Morning Phil,didn't stay there for long but give it time.
Hoping the recent acquisition and oil price weakness will be good for the long term.

[philanderer] 05/12/2014 13:18

Afternoon shauney, good to see that 600p back again... fingers crossed for the US non-farm numbers in a few minutes ;-)

[shauney2] 05/12/2014 12:41

Like to this hold through the 6 quid.Ex divi day today too.

[philanderer] 03/12/2014 16:54

RPC Group plc (LON:RPC)‘s stock had its “outperform221; rating reaffirmed by research analysts at RBC Capital in a report released on Wednesday. They currently have a 670p price objective on the stock

[philanderer] 01/12/2014 18:18

I reckon a good buy at any time today.

May have been a few sellers today not wanting the interim dividend - goes xd this thursday for 5p

[jeffian] 01/12/2014 17:21

It would have been nicer to pick them up on the dip to 575 but it could just as easily have gone the other way. In the long run, with the opportunity to take up all my Rights at 320, I'll be happy enough.

[philanderer] 01/12/2014 17:05

Luck with those guys.

[nfs] 01/12/2014 10:38

Jeffian

Agreed-I bought in today for the first time after a long watch
Margins in the target are lower than the group so a nice task for them to get stuck into too

[jeffian] 01/12/2014 10:16

I first bought RPC at the end of 1999, took up the Rights in 2011 and have added on several occasions as it is one of the few shares which, whilst performing well over the long term, has remained relatively cheap on fundamentals. I think the acquisition of Promens and the associated Rights Issue present a real buying opportunity and I took the opportunity to invest again this morning whilst the market is down, with a view to taking up all the Rights on both existing and new shares. Recent market weakness is being linked to the falling oil price - with oils being a significant part of the FTSE of course - but surely in the longer term cheap oil will be beneficial to economies and growth? RPC's cost base is also linked to the price of oil (albeit subject to price adjustments in both directions to their customers) and cheaper input costs can only be beneficial to them. It may be that I could have bought cheaper in the days to come, but I feel confident that this is a real long-term opportunity.

[philanderer] 28/11/2014 11:59

Telegraph today..


RPC cheap after biggest ever deal

Recent acquisitions make shares in this growing plastics specialist look cheap, says Questor

RPC
580p+33p
Questor says BUY

[philanderer] 28/11/2014 10:51

Certainly do...250k traded already

[qs99] 28/11/2014 10:49

market obviously loves this deal....IMO given reaction..

[philanderer] 28/11/2014 09:06

28th nov Deutsche buy tp 680p

reiterates.

[philanderer] 27/11/2014 20:08

Investors Chronicle:

IC TIP UPDATES:

Plastics specialist RPC (RPC) has announced the acquisition of European plastics business Promens for €386m alongside strong half year results which showed a 12 per cent rise in revenues and adjusted profits up almost one third to £54.9. The acquisition is being part funded by a £200m rights issue. We keep our buy recommendation.

[jeffian] 27/11/2014 09:49

Yes, that's a win/win. Good results plus the opportunity to buy more at 320p! Funnily enough, I've been on the verge of buying more for some time - one of my few shares which is still on a sensible PER/yield - and kicked myself for not diving in when they went down to 500 recently, but now I can have 'em for 320. I, too, will be taking up my Rights.

[philanderer] 27/11/2014 09:37

And the acquisition / rights issue :-)

Panmure rec 'under review'

[philanderer] 27/11/2014 08:28

In one word ... solid :-)

Pleased with those numbers.