Rpc Share Discussion Threads

[redartbmud] 30/11/2017 08:37

Should have added at £9, a Christmas present.

[3rd eye] 30/11/2017 08:26

RPC - Credit Suisse raise TP on Outperform Recommendation from 1180p to 1210p.

[3rd eye] 30/11/2017 08:08

RPC RPC Group.......really surprised at that sell off yesterday after very solid results. Cash flow is O/Standing. Strong fundies, expecting a recovery today so had a few bobs worth.

[phillis] 29/11/2017 16:21

share buy back not v significant at £21.4m
Divi ££73.9
Acqs ££65.7m

Divi hike shows confidence

[martinthebrave] 29/11/2017 16:15

Jefferies has increased its adjusted pre-tax guidance for the March 2018 year-end by £20m to £382m, leading to EPS of 70p, against £286m and 62.2p in FY2017.

[martinthebrave] 29/11/2017 16:15

IC View
Cash is king. Despite the shopping spree, net debt equates to 1.8 times cash profits, about half the loan covenant red-line. Meanwhile, net cash from operating activities increased by 62 per cent to £245m, while free cash flow was up 45 per cent to £172m – hence the 28 per cent dividend hike. The stock is 22 per cent up on our buy call, but based on the historic enterprise value-to-cash profit multiple, relative to peers, we see further upside. Buy.
I Hold.

[shauney2] 29/11/2017 15:03

They have also been buying back shares with that FCF.

25 years consecutive dividend growth is impressive

[phillis] 29/11/2017 14:33

the free cash flow is used to pay divi and buy businesses

If you like what the Company is doing sit back and dont watch the sp
For a bit of fun I top sliced first thing and bought back at lunch time
Good fun

[mammyoko] 29/11/2017 14:03

net debt / free cash-flow = 1070/171.7

Change in net debt resulting from cash flows = (14.3)

[phillis] 29/11/2017 12:52

it is always market manipulation isnt it

Its just traders

[builder bob] 29/11/2017 12:48

Buy trades durng the day so far exceed the sells according to ADVFN Trading list. It feels like unwholesome market manipulation to me and it is happening too often particularly with RPC

[phillis] 29/11/2017 12:35

sp has gone down because business does not generate any free cash

[billywhizz1] 29/11/2017 11:44

Here is the reason that prices go down in the short term, just after a profit announcement surge:
TUESDAY: Average price 930p. Place forward sell order for spike at 8.05am on Wednesday morning.
WEDNESDAY: Spike price at 8.05am 1020p, offload sell is triggered....nice little earner! Purely due to the profit-taking sell-off, price lowers to 893p. Once all outstanding risks have been evaluated, the lower share price buyback commences and the share price rises again. Hope this explains the process to the uninitiated.

[theaustralian] 29/11/2017 11:27

Doesn't make sense. Great results share price plummets. Why??

[ali47fish] 29/11/2017 09:59

yet no one is suggesting it is a buy opportunity-is it?

[jeffian] 29/11/2017 09:52

I would treat it as a buying opportunity if I wasn't already stuffed to the gills with them!

[mfhmfh] 29/11/2017 09:45

always seems to go down straight after results then pick up again.

[thamestrader] 29/11/2017 09:38

This is a familiar theme in my portfolio lately:
Increased revenues, increased profits, increased dividend, price goes down.

[mfhmfh] 29/11/2017 08:42

need to break past this 990p resistance

[swedeee] 29/11/2017 08:28

best performer in my portfolio this year. Up just over 22%. Glad I stuck with it!

[shauney2] 29/11/2017 08:17

Gapping up on the back of those results.

Look very good at first glance.PBT up 59%, EPS up 27%, Dividend up 28%,25th year of dividen increases "record profitability levels and strong cash generation"

Thr Northern Trust bear raid not so long ago seems a long way away.

[broadwood] 29/11/2017 08:13

- RPC Group posted a large rise in first-half profit that was buoyed by acquisitions and higher polymer prices.

Adjusted pre-tax profit jumped 59% to £199.2m on the back of a 53% increase in revenue to £1.88b.

The packaging company declared an interim dividend of 7.8p, up 28%.

"Trading was encouraging in the first half with record profitability levels and strong cash generation," chief executive Pim Vervaat said.

"The rationalisation of our European manufacturing footprint with 22 locations closing is now nearing completion with the benefits being realised as anticipated."

"Looking forward, the group continues to target innovation based growth leveraging its global footprint and will participate in the ongoing consolidation of the plastic packaging markets, albeit with no significant acquisitions anticipated in the remainder of this financial year."

"The second half of the year has started well."

[sogoesit] 29/11/2017 08:11

I think the share price speaks for you, Dozey.

[dozey3] 29/11/2017 07:57

Results:

Look stonking to me, almost too good to be true. Must have missed something so please help me out.