Rpc Share Discussion Threads

[sogoesit] 29/11/2017 07:27

Not to worry, the end of the Hydrocarbon Era is nigh. Without them plastics will be history... thinking about it so will windmills and solar panels... ;-)

However, in the here and now, results are looking good!

[nikki40] 28/11/2017 13:28

Spiking ahead of interims tomorrow

[jeffian] 22/11/2017 15:00

Yes, there seems to have been a Budget 'relief' bounce! I suppose the fear was that rather than taxing 'waste' he would tax the source, like the 'carrier bag' and 'sugar' taxes. I agree fundamentals look good but they're going to need to focus on disposability in future.

[mfhmfh] 22/11/2017 14:03

this from the trading update on 28th September:

'Revenues in the first half of the year are projected to be well ahead of the corresponding period last year...'

'Group margins and profitability levels (before and after exceptional items) are anticipated to be ahead of management expectations, with profitability levels significantly up on the same period last year...'

First half results on 29th November.

[mfhmfh] 22/11/2017 14:00

Hammond says he will explore new taxes on plastic waste.

'explore' and 'waste' being the key terms. All IMHO.

[cheshire pete] 22/11/2017 00:58

So are we going to use more metal and cardboard packaging as alternatives to plastic then? Digging up more minerals and cutting down trees is not eco-friendly either, even if there were no other users. We've got used to the idea of re-cycling plastics, paper, cardboard etc. so developing it further shouldn't be a big deal. As leaders, maybe RPC could look at waste management companies....'where there's muck there's brass'. See if Mr. Hammond incentivises this in his budget.

[billywhizz1] 21/11/2017 23:12

Plastic packaging is here to stay.......The discarding of Plastic waste into the
environment is not!

[jeffian] 21/11/2017 23:00

Hmmmm!

"The Ellen MacArthur Foundation report estimates that 32% of plastics escape collection systems globally. Keys ways in which to influence littering include a focus on improved waste management and changes in human behaviour.

RPC’s Position
Plastic is too valuable a material to be discarded. Littering both on land and in the marine environment is not acceptable.
RPC will support initiatives that focus on a reduction in the impact of litter as a consequence of consumer behaviour. RPC will also work to ensure that on site waste management is sufficient in ensuring plastic, in the form of pellets, is not littered.
.....
RPC will also work to encourage the increased recycling of plastic items as an alternative end- of-life option to littering."

I'm not sure that warm words about encouraging the recycling of plastic is quite the same as "big on biodegradability/sustainability". I fear that Mr. Hammond has in mind "changes in human behaviour" via the tax system!

[mfhmfh] 21/11/2017 20:53

Above article refers to possible tax on single use plastics.

My understanding is RPC are big on biodegradability/sustainability. See link below:

h ttp://www.rpc-group.com/sustainability/plastics-and-the-environment

[jeffian] 21/11/2017 16:55

Fingers crossed for the Budget tomorrow. Price nervousness could be around rumours that Chancellor plans to tax plastic packaging. I blame that Attenborough bloke and his sick dolphins.

[ewanwhose] 14/11/2017 21:01

I'll get my coat...

[phillis] 14/11/2017 11:50

Ewan
arent you a little bit out of your depth then?

[billywhizz1] 14/11/2017 08:34

Here's how it goes Ewanwhose

RPC Group Plc, a leading international plastic products design and engineering company, will host two Capital Markets Day this week where it will discuss the progress of its Vision 2020 growth strategy and opportunities going forward.

The first event will be in London today, followed by a repeat event in New York on Wednesday.

No material new information, forward looking financial statements, nor any update on trading will be provided.

The Capital Markets Day presentations will be available at: www.rpc-group.com

RPC Group Plc will announce its half year results on the 29 November 2017

[ewanwhose] 13/11/2017 19:57

I'm starting to get a little concerned. Didn't see anything to worry about in the trading statement but there has been downward pressure since.Haven't come across 'capital Markets' presentations before - seems like a strange thing to do just before the results.

[jeffian] 13/11/2017 17:50

The Capital Markets Day didn't go too well then!

[sogoesit] 01/11/2017 11:08

Yep, everyone's above 1130 now, to re-iterate:
Numis - 28/09 - 1130
Credit Suisse - 12/09 - 1180
JP Morgan - 20/07 - 1250

[mfhmfh] 31/10/2017 16:45

from stockmarket wire:

'Peel Hunt today reaffirms its buy investment rating on RPC Group PLC (LON:RPC) and raised its price target to 1250p (from 1135p).'

[bsdjj] 16/10/2017 12:27

Is this starting to affect the price?

[cashcow5] 16/10/2017 11:39

so what happened to the clear run to 1000p once we break past 950p? ;)

[adejuk] 16/10/2017 10:34

too much volatility
i got out just below the top
when she blows it happens in huge jumps and drops - roller coaster.
waiting to see where this stops as it fills this gap then i'll be back in.

[billywhizz1] 13/10/2017 09:53

Talk about a Roller Coaster Ride ! I've got quite a few quid on these guy's and I keep buying in the dips. I don't know whether I'm coming or going. Hope 'mfhmfh' (5 Oct'17) is right.

[stavros28] 11/10/2017 11:16

Panmure adds to conviction buy list !

[dozey3] 05/10/2017 18:35

IC declares it a buy in this week’s Issue, for what it’s worth. I agree for what it’s worth too.

[alastair33uk] 05/10/2017 15:03

Anyone buying this dip?

[mfhmfh] 05/10/2017 14:42

Hit resistance at around 990. Retracing before the bounce back. Should break 1000p at next bounce. IMHO.