Rpc Share Discussion Threads

[swanseayellow] 01/2/2018 09:52

I was expecting something regarding innovation of recycled plastic , good trading figures not enough!

[jeffian] 01/2/2018 09:28

"Think we are all in agreement about the share buy back but they are 70% through it now so it is pretty much done and dusted anyway and we move on."

Until the next one.

8-(

[redartbmud] 01/2/2018 09:26

shauney

Benefitted from acquisitions is anonymous. It means they cannot give positive numbers, because they have not me expectations.

[shauney2] 01/2/2018 09:12

"Personally, I think that he statement is bland and they do not appear to have a grip on the integration of new businesses"

Really?

They say they have benefitted from the acquisitions.

[redartbmud] 01/2/2018 08:49

broadwood

The market does not agree with your assessment.
Personally, I think that he statement is bland and they do not appear to have a grip on the integration of new businesses.
Just MHO - expected £10+ this year, but that is looking mighty unlikely.

[squidsgone] 01/2/2018 08:35

broadwood- I'm sure RPS investors will be very please to hear that, however, I wouldn't have thought RPC investors would care.

[sogoesit] 01/2/2018 08:09

Good news, good growth : Result? Market sells.
Same story on all good news lately... even Shell today!

[jw121] 01/2/2018 07:41

Sounds positive enough but who knows with this stock....each time a good trading update is released the share price heads south.

Think we are all in agreement about the share buy back but they are 70% through it now so it is pretty much done and dusted anyway and we move on.

[broadwood] 01/2/2018 07:36

Looking good for a bounce?


- RPC Group, the plastic products design and engineering company, grew its revenue by 31% in the third quarter to £898m, driven by acquisitions, polymer price tailwinds and organic growth of over 4%.

As at the end of the third quarter, the year to date organic growth rate was 2.6%.

RPC said profitability (before and after exceptional items) was in line with management expectations and grew significantly versus the prior year, aided by organic growth and the further realisation of synergies which offset an adverse polymer time lag impact.

Cash generation (before and after exceptional items) was also in line with management expectations.

The recently enacted Tax Cuts and Jobs Act in the US, which will reduce the federal corporate income tax rate from 35% to 21%, is applicable from 1 January 2018. For the year to 31 March 2018 it is currently expected that the US reforms will have a small positive impact on the group's adjusted effective tax rate, with a one-off non-cash tax credit of around £10m resulting from the revaluation of US related deferred tax assets and liabilities.

For the year to 31 March 2019 it is currently expected that the changes will reduce the group's adjusted effective tax rate by approximately 1%, based on the existing mix of profits.

Pim Vervaat, RPC's chief executive, said: "I am pleased with the performance of the business in the third quarter and the further progress towards completing the European synergy programme. Through our focus on innovation, sustainability and operating in attractive end markets, we remain confident in continuing to grow through the cycle ahead of GDP and that our Vision 2020 strategy will deliver further value to our shareholders."

[billywhizz1] 31/1/2018 14:04

Thanks jw121 for info. on Packaging News feature about RPC. I've got a few quid invested with this lot and the article you referred us too has made me feel a little bit better about my choice of RPC but I have to say I'm not happy about the 'buy-back' culture of RPC, wrong thing, the cash should be used to reduce debt!

[jw121] 31/1/2018 07:46

Interesting article about how RPC is poised to lead the way on environmentally sustainable plastic packaging; hxxps://www.packagingnews.co.uk/news/events/packaging-innovations-empack-labelprint-2018/packaging-innovations-2018-rpc-highlights-plastics-essential-role-29-01-2018

[bouleversee] 26/1/2018 19:31

Thanks for reminding me where I started on here, Alphabeta. It doesseem daft to me. I havent studied their LTIP. What are the targets?

[bouleversee] 26/1/2018 17:14

So will I for the time being. If today's uptick continues, might possibly look at buying more. One might expect them to cash in on the recycling craze.

[jw121] 25/1/2018 22:12

That's what I believe to be the case. Think it's an amalgamation of general anti plastics agenda which the media has been pumping out in the absence of any big news stories so far this year (everyone bored of hearing about Trump and his antics), combined with the concerns which we raised by Northern Trust last year and now possibly the strengthening of sterling. So I think it is down to sentiment rather than market manipulation. I am with you though in that i don't like the buy back but they are well in to it now. Overall, think the market has forgotten that the management team have a proven track record of delivering strong results and have a strong growth strategy in place. I haven't and that's why i am holding

[bouleversee] 25/1/2018 20:57

Am I right in thinking their products are not the type likely to be affected by the current anti-plastic campaign and that they are quite heavily involved in recycling? If that is the case, why, with all the share buybacks, has the share price performed so badly? Is it all down to market manipulation by shorters or what? Am rather wishing they hadn't taken over my BPI shares.

Apologies if this has already been covered I have just started reading the board and no time to go back over reams of posts.

[bouleversee] 25/1/2018 20:50

CRM27 =

That's what I was thinking. It doesn't seem to be achieving anything apart from increasing the debt but in theory it ought to enable them to pay a slightly larger dividend but in reality we are paying that out of our own capital as things stand.

Where do they have their AGMs? Wouldn't mind going.

[jw121] 24/1/2018 13:35

I am not sure that even a positive update will do much. Think it will need the end of year results to turn the share price around. Still believe this to be a big buying opportunity with the company have a long history of dividend hikes and being currently valued much lower than industry peers.

[godwin2] 24/1/2018 10:08

Third quarter trading statement next Thursday (Feb 1). Better be good to shake off the pesky shorters!

[crm297] 23/1/2018 20:15

Am I missing something?Should the company not be paying down debt rather than buying back shares?I would suggest that the market probably thinks so, hence the share price drop.

[prokartace] 19/1/2018 10:23

Nice find Shauney. Let's hope not too many PIs were scared out in the 25% drop since the results

[shauney2] 18/1/2018 16:34

From todays Shares magazine

Government plans to end avoidable plastic waste by 2042 may have positive implications for packaging giant RPC (RPC).

The FTSE 250 company is already one of Europe’s biggest plastics recyclers, processing an estimated 70,000 tonnes every year. With China having closed its doors to overseas plastic recycling from the
start of 2018, RPC may be well-placed as part of sustainability drives.

While Conservative plans remain vague at this stage, RPC’s deep expertise may be vital in coming to grips with many of the complexities of plastic waste, such as the one-off use case nature of medical plastic packaging, for example.

[sharki9] 18/1/2018 14:44

For me was more about lowering the size of the bottle if the consumption will stay the same they need to produce more plastic bottles as the size decrease to 1.5L from currently 1.75L

[swedeee] 18/1/2018 13:59

Drinks consumption will remain the same. Consumption of sugar-free variants of coca cola etc. will however increase I believe.