Rpc Share Discussion Threads

[wobaguk] 07/6/2017 10:45

EDF (Unfortunate acronym there), Im not blaming anything on Brexit, Im just saying it allows for a pretty binary situation. We have seen many sector shares turn on government legislation announcements, look what happened at the 'suggestion' of capped energy bills recently. But these are always tempered slightly with the the knowledge that governments frequently backtrack and an election is only ever 5 years away.

With Brexit, IMO it will take one significantly bad piece of bad news on european trade to dent many FTSE 100 companies, not enough that I would sell stocks that are doing well, but enough to make me think recovery stocks are not a good choice currently, and ultimately whats the difference between getting in on a recovery play, and hoping for one on a log term owned stock thats in a lull.

[mfhmfh] 07/6/2017 10:39

credit suisse re-iterates 1,175p target price.

[mfhmfh] 07/6/2017 10:38

solid results, acquisitions bedding in well, dividend increased. all looks good to me. IMHO.

[2flatpack] 07/6/2017 10:29

Looks to be a good old fashioned tree shake to me.
Cheers

[evil_doctor_facilier] 07/6/2017 10:19

Wobaguk, when has there ever been a time in the markets when uncertainty has not existed?
Holding the opinion that you wish to be governed by unelected old men in Belgium is perfectly acceptable, we live in a democracy, however to blame or attempt to conflate poor company governance and weak cash conversion on brexit is another!

[alastair33uk] 07/6/2017 09:47

Although it's a painful slump today they do seem to be on the road to recovery. It might be worth letting the dust settle.

[wobaguk] 07/6/2017 09:43

Sigh. When I first got into shares I put a portion into 'safe, boring' stocks, and this is the last of them, 14% down. Bright times always seem to be round the corner, and when I have sold stocks under similar circumstances, and checked back 6 months later they have always recovered making me wish I held out. However with Brexit uncertainty ahead, it really does feel like I should ditch this and move on.

[alastair33uk] 07/6/2017 09:40

Kilgallp I doubled down yesterday as well. I'm really surprised by this drop.

[kilgallp] 07/6/2017 09:29

I have watched these for a short while, and decided to buy some yesterday, with the expectation of good results being announced today. Excellent results....and down 5%!! I'm really not sure I should be in this shares game!

[shauney2] 07/6/2017 09:03

Good results PBT £286.1M (160.6), adj eps 62.2p (40.4), FCF £239M (122.6)final dividend up 50% to 17.9p.

I guess the talk of more acquisitions has spooked some who fear another rights issue.

Pim Vervaat, RPC chief executive, said the company “is progressing well”, and it will “continue to explore opportunities” for growth including further acquisitions in line with its strategy – which aims to consolidate its position with “targeted acquisitions” in Europe and expand its presence in faster-growing markets outside elsewhere.

[carpadium] 07/6/2017 08:51

What the hell happened??

[nfs] 07/6/2017 08:33

Agreed jeffian

[jeffian] 07/6/2017 08:19

Sounds as if they were talking about the "adjusted" figures, Esther, which came in at £286m (eps 62.2p).

[18bt] 07/6/2017 07:28

Hoping for a bounce as don't appear to be any scares on a first read through.

[broadwood] 07/6/2017 07:20

Happy with that .


- RPC Group has more than doubled its FY pretax profit and at the same time boosted its dividend and revenue.

"The implementation of the Vision 2020 growth strategy is progressing well, reflected in a good trading performance in 2016/17 with continued organic growth and achieving record profitability levels with robust cash generation," said CEO Pim Vervaat.

"Acquisitions made since the launch of the strategy in 2013 continue to add value including the recent GCS and BPI acquisitions, whose performance in the year was better than expected."

He said the recently completed Letica acquisition would provide an enhanced platform for growth in North America and had made a good start under RPC's ownership.

"Going forward, the group continued to explore opportunities for growth in line with its strategy. "The new financial year has started in line with management's expectations."

Pretax profit for the year to March 31, 2017, was £154.7m, up 105%, with revenue up 67% to £2.75bn. FY dividend was up 50% to 24.0p a share

[sogoesit] 06/6/2017 15:01

Been accumulating below 900 here, last at 865, so looking for a reconciling of accounts tomorrow to get it back on track.

[panic investor] 06/6/2017 12:17

Can't see how they won't be goodRevenues for the financial year 2016/2017 are anticipated to be significantly ahead of last year, reflecting contributions from acquisitions and continued underlying organic growth. The Group's overall performance has been encouraging with the adjusted operating profit for the year ahead of management expectations.

[alastair33uk] 06/6/2017 11:24

Let's see what happens tomorrow. I'm considering accumulating at this price.

[dr_smith] 06/6/2017 11:05

Down 3% today, speculators? or have those results been leaked and expected to be below expectations? (which sounds contradictory..but you know what I mean).
I would expect any negativity over the acquisitons/underlying performace to be long factored in.
Sit tight I guess and wait for tomorrows results.. and market reaction.

[sogoesit] 31/5/2017 19:17

Nope ;-)
Results next wednesday 7 June.

[billywhizz1] 29/5/2017 18:04

My forecast is £11.20 by August this year. When you calculate the marginal price increase since Jan 2017 (£10.56), barring any Stock Market Catastrophes, I think I'll be proved right. Anyone want a bet ?

[sogoesit] 29/5/2017 13:02

Lol @Phillis... if intended as a pun!!
(Plastics exhibit creep)

[phillis] 26/5/2017 14:21

creeping up nicely

[cashcow5] 17/5/2017 13:06

Motley Fool 16/5/17


Plastics fantastic


RPC Group (LSE: RPC) is another FTSE 250 stock with electrifying growth potential. But unlike Diploma, I believe RPC can also be considered an attractive pick for those seeking hot earnings potential at bargain prices.

City brokers expect the plastics manufacturer’s splendid profits history to continue with a 16% earnings rise this year (a 44% advance is chalked in for the 12 months to March 2017). This leaves RPC dealing on a forward P/E ratio of just 12.1 times, while a sub-1 PEG multiple of 0.7 underlines the firm’s exceptional value.

The Northamptonshire business, which makes a variety of packaging products from yoghurt pots to contact lens cleaner bottles and the plastics that hold multipack cans of drink together, is expected to follow this year’s advance with an 8% rise in fiscal 2019 too. I believe RPC has all the tools to keep profits marching skywards.

RPC noted in March that “revenues for [fiscal 2017] are anticipated to be significantly ahead of last year, reflecting contributions from acquisitions and continued underlying organic growth.”

RPC’s insatiable appetite for M&A is certainly paying off handsomely, with the integration of GCS and BPI already running ahead of expectation. And the company’s strong appetite for bolt-on buys, along with the highly-fragmented state of the market, leaves plenty of scope for further purchases along the line.

And with the underlying packaging sector still growing at a solid rate, I believe RPC is in great shape to deliver meaty earnings growth long into the future.