Rubicon Software Share Discussion Threads

[sarkasm] 01/1/2019 09:39

31/12/2018 | 12:06
While lowering its price target from 59.5 to 57.5 euros, Berenberg reiterates its 'buy' recommendation on Rubis, 'expecting a positive news flow in 2019 to support the outperformance of the share price' .

The broker adjusts its estimates for Rubis to take into account the acquisition of KenolKobil, which it expects to be completed in the first quarter of 2019, and several challenges that the group faced in 2018.

"However, if he sometimes has difficult years, Rubis is recovering quickly thanks to its resilient business model and a firm growth profile, partly fueled by mergers and acquisitions," said the financial intermediary.

[ariane] 12/11/2018 09:54

SocGen lowers its target by 72 to 70 euros but remains a buyer.

[la forge] 09/11/2018 10:28

PARIS (Agefi-Dow Jones) - The Rubis oil distribution and storage group announced Thursday an increase in its turnover in the third quarter, despite the impacts presented as temporary and geographical.


Over the three months ended September 30, the group's turnover grew by 11% to 1.12 billion euros, against 1.01 billion euros a year earlier, announced Rubis in a statement .


By activity, the group's turnover in the distribution of petroleum products rose 20% on a reported basis, to 817 million euros, with volumes in final distribution reaching 1,033,000 cubic meters, down 1% published and 2% on a comparable basis. Volumes suffered from adverse weather conditions in Europe and Africa. Commercial activity has been disrupted in Haiti by social movements and in Jamaica by poorly coordinated road works.


Rubis noted that its unit margin had increased by 4%, despite a "period marked by a sharp rise in petroleum product prices", including a 32% increase in propane prices.


The support and services business saw its turnover fall 12% year-on-year to 223 million euros. "The trading and supply of petroleum products handled an overall volume of 258,000 cubic meters, marked by the stop of shipments of bitumen to India and the completion of a supply contract for the profession in Reunion, "explained Rubis in a statement.


In addition, the group stated that the sale of its business in Iran was completed as planned. The return of US sanctions against Iran, announced in May, forced the group to withdraw from the country and untie related regional partnerships.


The liquid products storage division saw a 10% increase in reported sales, to 82 million euros, as the sharp rise in revenues from the petroleum products trading activity offset the decline. the activity in France and the Dörtyol depot in Turkey, the latter suffering from the geopolitical regional context.


The group did not comment on its prospects. When it published its half-year results last September, Rubis said it expected continued growth in its operational activity in the second half of the year and said it was continuing to study development projects, both organic and acquisitions.


Last month, Rubis announced its intention to buy out KenolKobil's share of the capital that it does not yet hold, ie about 75%, through a public takeover bid valuing the Kenyan oil distribution group based in Kenya. $ 353 million (approximately 308 million euros).


At the end of October, the group obtained the approval of the Portuguese Competition Authority to buy the LPG distribution assets of the Spanish oil group Repsol in the islands of Madeira and the Azores, Portugal.


-Alice Doré, Agefi-Dow Jones; [phone]; [e-mail] ed: ECH - LBO


FINANCIAL REPORTS OF RUBIS:





Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


November 09, 2018 03:55 ET (08:55 GMT)

[grupo] 27/6/2018 08:07

(Boursier.com) - Another bout of weakness for the Rubis title, down more than 2% to 54.80 euros on Wednesday morning in a hesitant Parisian market. This sharp decline is to be linked to the deterioration inflicted before the stock market by Berenberg. The financial intermediary went from "purchase" to "keep" on the record, it only values ​​62 euros against a target set at 67 euros previously.

For the Berenberg analyst team, the sluggishness of the 1st quarter storage business could persist in the short and medium term. The broker accordingly adjusts its forecast table by lowering its bpa projections by 5-6% for the 2018-2019 period.

However, Berenberg does not lack Rubis' core strengths, which include strong positions in niche markets, diversified geographic exposure and a solid history of accretive acquisitions.

[grupo] 19/3/2018 19:28

Rubis: the title penalized by a deterioration
Ruby (EU: RUI)
Intraday Chart of the Action

Today: Monday 19 March 2018
More charts from the Rubis Stock Exchange
(RubinFinance.com) - The action Rubis abandons 1.7% to 61.9 euros at the end of Monday's session, victim of profit taking and degradation of analyst.

In a note released this morning, Portzamparc has indeed revoked his advice 'reinforce' Rubis in favor of a 'keep' recommendation.

The analyst, whose course objective amounts to 65.7 euros, welcomes the annual results, 'of very good quality', and expects the group to embark on more structuring acquisitions . 'The newsflow could be driven by new external growth operations', he summarizes.

However, these positive elements seem to him now integrated into the price and, after the rise of the title on Friday, Portzamparc judges the valuation now less attractive.

[waldron] 15/3/2018 17:23

PARIS (Agefi-Dow Jones) - The Rubis oil distribution and storage group (RUI.FR) said it expects continued organic growth on Thursday and said it will make further acquisitions after posting results. up last year.


Benefiting from acquisitions in Haiti, Madagascar and Turkey, the group's net income grew by 28% in 2017 to 266 million euros, Rubis said in a statement, announcing its intention to raise its dividend. 12%, at € 1.50 per share.


Gross operating income increased by 21% to 496 million euros.


The 31% rise in sales, to 3.93 billion euros, is mainly due to acquisitions, which added to organic growth of 5%.


Analysts surveyed by Factset expected on average for 2017 a net profit of 267 million euros, a gross operating income of 501 million euros and a turnover of 3.93 billion euros.




-Thomas Varela, Agefi-Dow Jones; [phone]; [e-mail] ed: LBO




FINANCIAL REPORTS OF RUBIS:









(END) Dow Jones Newswires


March 15, 2018 12:56 ET (16:56 GMT)

[waldron] 19/1/2018 13:03

Agenda 2018
Chiffre d'affaires 4ème trimestre 2017
(après bourse)
08 | 02


Résultats annuels 2017 (après Bourse)
15 | 03


Chiffre d'affaires 1er trimestre 2018
(après bourse)
09 | 05


Assemblée Générale
07 | 06

Résultats semestriels 2018 (après bourse)
12 | 09

Chiffre d’affaires 3e trimestre 2018 (après bourse)
08 | 11

[waldron] 19/1/2018 12:58

For Berenberg, the beautiful story is not over for Rubis

Aymeric Val, published on 19/01/2018 at 12:37
For Berenberg, the beautiful story is not over for Rubis
Photo Credit © Rubis

(Boursier.com) - Rubis continues to seduce Berenberg ... Selected in the list of "top picks" of the financial intermediary for three years, the group of storage and distribution of petroleum products is the object this Friday of an analysis note from the broker in which the price target is raised from 61 to 67 euros and the recommendation "purchase" confirmed. For Berenberg, which raises its profit estimates to take into account the purchases made by the French group in Portugal and Iran, Rubis is still an attractive stock market vehicle with the combination of a good positioning on protected niche markets (barriers to growth). entry, low sensitivity to the volatility of hydrocarbon prices), sustained growth driven by acquisitions and a low valuation ... Berenberg said on the latter subject that its target price of 67 euros does not integrate the dynamics of external growth. "Taking into account the operations expected in the short term, our valuation would be 75 euros," says the research office.

[florenceorbis] 15/1/2018 09:47

Rodda’s hits carbon & cost targets by switching from oil to LPG
Posted on 15 Jan 2018 by The Manufacturer

Liquefied petroleum gas (LPG) was the perfect fit for Cornish dairy manufacturer Rodda's, saving the business 70 tonnes on CO2 emissions and 11% on fuel costs.
Rodda’s hits carbon and cost targets by switching from oil to LPG - image courtesy of Flogas Britain.
Rodda’s hits carbon and cost targets by switching from oil to LPG – image courtesy of Flogas Britain.

Wishing to reduce its carbon footprint (while at the same time reduce costs), Rodda’s knew the time had come to move away from oil as the energy source for its production process.

The company’s main uses of fuel are for steam generation used in the pasteurisation separation system, heating the cleaning equipment and powering the heat exchanger CIP system. It is vital these systems receive a controllable, consistent and uninterrupted supply of fuel.

Liquefied petroleum gas (LPG) from Flogas Britain was the perfect fit for Rodda’s. It’s a proven energy source, offering huge financial and carbon savings when compared to all grades of oil.

Rodda’s Operations Manager, Chris Quelch explains: “There were numerous reasons for converting from oil to LPG and we’ve seen many benefits.

“CO2 was the main source of focus, and since installing our LPG system, we’ve reduced CO2 emissions by 70 tonnes a year. This is hugely important to us given our focus on hitting our set environmental targets

“Naturally, we also wanted to reduce costs, and switching to LPG, has saved us 11% on fuel alone. With LPG another more hidden benefit has been a large reduction in boiler servicing. This means the boiler isn’t offline as much, giving us quite a significant time saving, but also increases the amount of money the switch to LPG has saved us.

“We’ve seen big changes in efficiency too. Whereas we used to get an 8:1 burn ratio with oil, we now get 11:1 with LPG. The burners now run for longer, but on a lower load, reducing the shock on the boiler. This will also help keep maintenance requirements (and costs) down.”

As with most installs of this size, there were a few logistical challenges to overcome, but these were easily dealt with by Flogas. The expert team provided a start-to-finish, turnkey LPG service to maximise heating performance and minimise disruption.

Quelch continues: “As with every part of this project, the Flogas team handled the challenges professionally and efficiently. One of the reasons we chose Flogas for our LPG project was that they offered a fully managed solution – the whole package. This meant that we were assured of a start to finish solution taking into consideration all of our individual requirements.”

In terms of payback, Rodda’s was expecting to recoup its outlay in 18 months; however the company hit its target even earlier, as Quelch explains: “The project has paid for itself in just over a year, which was beyond our expectations. It’s very impressive.”

Lee Gannon, managing director at Flogas, concludes: “Dairy production can be an energy-intensive process, which has a knock-on effect on costs and emissions. This is something that Rodda’s recognised within its own business, and was keen to address. The results of a simple switch from oil to LPG speak for themselves, and Rodda’s will be enjoying tangible financial and environmental savings for years to come.”

For more information on how switching from oil to LPG could benefit your business, please visit www.flogas.co.uk.

[waldron] 13/1/2018 08:20

PARIS (Agefi-Dow Jones) - Oil terminal operator Rubis (RUI.FR) announced Friday the acquisition of FCG, a company specializing in the production, storage and export of bitumen from facilities based in Iran.


The amount of the transaction was not disclosed.


FCG has exported 200,000 tonnes of bitumen in its last fiscal year, mainly to East Africa and India, "areas where Rubis intends to grow," the group said in a statement.


"This operation is part of Rubis' strategy to secure a competitive and quality product-resource, while expanding its bitumen offer to barrels, containers and small bulk segments, in order to position itself in new markets", explained the company.


Rubis intends to invest nearly 100 million euros for this purpose over the next two years.


The company also said it would publish its fourth quarter 2017 revenue on February 8, after the close of the stock market.




-Christine Lejoux, Agefi-Dow Jones; 33 (0) 1 41 27 48 14; [e-mail] ed:




(END) Dow Jones Newswires


January 12, 2018 15:06 ET (20:06 GMT)

[ariane] 13/12/2017 12:32

Synthesis

The company has solid fundamentals. More than 70% of companies have a mix of growth, profitability, debt and lower visibility.
In a general way and in a short-term perspective, the company presents an interesting fundamental situation.


Strong points

The current zone is a good entry point for investors interested in the issue in a medium / long term perspective. Indeed, the title evolves near the support of 48.68 EUR in weekly data.
The proximity of medium-term support of 54.14 EUR offers good timing for the purchase of the title.
Over the past year, analysts have steadily revised up their company's revenue estimates.
BNA revisions have been sharply revised upward in the last 4 months.
Over the past 12 months, analysts have largely revised up their profitability estimates for the coming years.
The analysts covering the file mainly recommend buying or overweighting the stock.

[maywillow] 06/11/2017 16:13

(CercleFinance.com) - Rubis will publish next Thursday its quarterly turnover. Portzamparc analysts expect sales of 929 ME in the third quarter, up + 25%.

Analysts aim for an energy turnover of 673 ME, Terminal of 75 ME (of which Storage 43 ME) and Support & Services of 180 ME.

'We will be attentive to the evolution of the unit margin in a context of rising prices of oil and propane' says Potzamparc.

'Note that the Q3 2016 had a spot contract of 60 000 m3 in Energy in the Caribbean'.

[grupo guitarlumber] 29/9/2017 08:53

In an analytical note released today, Portzamparc's analyst team analyzes the consequences of the possible closure of Turkey's border with Iraqi Kurdistan - as announced by the Turkish president - for the storage and transport of petroleum products of Rubis. If the risk is deemed real - the French group is located in the Turkish terminal in Ceyhan - the broker relativizes the financial consequences of stopping the transit of petroleum products on its depot: "the Turkish deposit represents less than 5% of the EBE of Rubis in full year, "Portzamparc wrote in his flash. The broker also believes that the economic stakes may force Turkey not to implement this decision. Following the consolidation of the Rubis title, the research office takes advantage of the opportunity to "keep" to "reinforce" its opinion on the file, with 57 euros in the viewfinder.

The title Rubis grabs 2% at 53.67 euros this Friday at the beginning of the session.

[waldron] 05/10/2015 11:44

trust you are well

rubis always on my watchlist



pop in to the rui thread on the french BB

TAKE CARE

[enia] 05/10/2015 10:19

waldron hi !! rubis has disappeared from my portfolio lists and they say it has been delisted !! do you still have access to rubis ?? or is it my computer ? will take it up with advfn if you no longer have rubis also !! many thanks

[waldron] 01/9/2015 10:26

RUBIS : Des semestriels chaudement accueillis

01/09/15 à 11:22 - Investir.fr 0 Commentaire(s)
Le petit opérateur français affiche un bénéfice net record au premier semestre grâce à son activité de distribution de produits pétroliers.
L'analyse (Investir)

Analystes financiers et investisseurs ont chaudement accueilli les résultats semestriels de Rubis. Les premiers en publiant des notes soulignant la forte progression des performances opérationnelles « supérieures à leurs attentes ». Les seconds en se positionnant à l’achat sur l’action. Le titre du petit opérateur pétrolier français s’adjuge 3,65 % mardi matin, à 65,55 euros, ce qui porte à 39 % sa hausse depuis le 1er janvier.

Si le chiffre d’affaires a fléchi de 5 % au cours des six premiers mois de l’année, à 1,3 milliard d’euros, le résultat brut d’exploitation s’est amélioré de 42 %, à 151 millions, soit autant que le bénéfice opérationnel courant (+ 44 %), qui bondit à 111 millions. Enfin, le profit net (part du groupe) progresse de 54 %, à 80 millions d’euros. « Rubis a bénéficié de nombreux éléments positifs au premier semestre : une météo plus favorable, une marge unitaire soutenue par la baisse des cours du propane, une situation géopolitique (80 % des recettes en Turquie liées au conflit irakien), des devises (dollar, franc suisse) bien orientéesR30; », détaille l’analyste du cabinet Portzamparc. C’est surtout la division Energie, qui regroupe l’activité de distribution de GPL et de produits pétroliers, qui a tiré la croissance et la profitabilité.
Bénéfice doublé pour Rubis Energie

« C’est le principal catalyseur », enchaîne l’analyste de Gilbert Dupont. Une hausse de 20 % des volumes, additionnée à une progression des marges unitaires, à des effets de changes favorables et aux fruits tirés des restructurations engagées en Jamaïque, aux Bahamas ou encore en Afrique australe, ont permis au bénéfice opérationnel courant d’être multiplié par plus de deux (+ 115 %, + 74 % à périmètre égal) pour atteindre 81 millions d’euros.

L’activité Rubis Support et Services, qui regroupe la Sara, les activités de shipping et de négoce-approvisionnement, et Rubis Terminal, qui inclut le stockage de pétrole, fioul lourd et les produits chimiques, ont vu leur contribution totale au bénéfice opérationnel courant reculer.

Au second semestre, l’opérateur devrait croître rapidement grâce à l’intégration et la contribution des dernières société;s qu’il a acquises, comme Sara, dont il détient désormais 71 % contre 35,5 % auparavant, la SRPP (société réunionnaise de produits pétroliers) et Eres en Afrique. Dans le même temps, les marges unitaires devraient se maintenir à un niveau élevé du fait de la baisse des prix pétroliers.

Le conseil

Achat / Objectif : 78 €

Croissance et rentabilité seront au rendez-vous chez Rubis. Nous restons acheteurs pour viser 78 euros.

Le cours au moment du conseil : 65.55 €

[waldron] 08/7/2015 16:41

August 31, 2015 2015 Half year results (at Bourse closing)

[waldron] 08/7/2015 16:38

(Boursier.com) — L'option pour le paiement du dividende en actions Rubis a fortement retenu l'intérê;t des actionnaires. 72,56% des droits ont été exercés en faveur d'un paiement en actions. En conséquence, 1.155.587 actions nouvelles ont été créées représentant, après augmentation, 2,69% du nouveau capital. La livraison et l'admission des 1.155.587 actions aux négociations sur Euronext Paris ont lieu ce jour. Le dividende en numéraire, payé ce jour, représente un montant de 21.872.149 euros.

A l'issue de cette opération, le montant du capital social de Rubis s'élèvera à 107.292.427,50 euros divisé en 42.916.971 actions de 2,5 euros de nominal. Pour mémoire, l'AG mixte de Rubis du 5 juin 2015 avait fixé le dividende au titre de l'exercice 2014 à 2,05 euros par action et le prix de l'action nouvelle remise en paiement du dividende à 53,74 euros.

[waldron] 04/6/2015 16:36

Rubis (EU:RUI)
Intraday Stock Chart

Today : Jeudi 4 Juin 2015
Click Here for more Rubis Charts.
(CercleFinance.com) - Rubis a finalisé aujourd'hui l'acquisition de 35,5 % du capital de la Raffinerie des Antilles (SARA) auprès de Total. Rubis renforce ainsi sa participation en la portant à 71% du capital.

' La SARA constitue un outil de raffinage et de logistique au coeur du dispositif pétrolier dans la zone des Antilles et Guyane françaises, où Rubis est présent en distribution de produits pétroliers, GPL, bitumes et lubrifiants ' indique la direction.

' Cette acquisition vient consolider sa position dans cette zone tout en accroissant la complémentarité logistique avec les opérations réalisé;es dans l'ensemble de la zone Caraïbes '.

[grupo guitarlumber] 15/5/2015 14:52

RUBIS (+6,23% à 64,45 euros) a inscrit un nouveau plus haut historique, à 65,88 euros, à la Bourse de Paris où le spécialiste de l'aval pétrolier et chimique a été soutenu par l'annonce d'un début d'année jugé solide en termes de volumes.

[waldron] 11/5/2015 10:55

(CercleFinance.com) - Berenberg a maintenu son conseil 'achat', avec un objectif de cours rehaussé de 67 euros sur Rubis (Other OTC: RBSFY - actualité) , qui publiera demain son chiffre d'affaires du premier trimestre.

Le broker anticipe une publication solide, notamment du point de vue des volumes, et salue la stratégie d'acquisitions 'prudente' du groupe. Il souligne par ailleurs que les profits de Rubis ne sont pas liés aux prix du pétrole, mais plutôt aux volumes et à la marge unitaire.

A noter que les trois dernières acquisitions du groupe ne sont pas encore incluses dans le modèle de Berenberg et que ces opérations ne sont pas encore finalisées.

[waldron] 08/5/2015 10:14

08/05/15 11:41 Rubis : assemblée générale mixte le 5 juin (Boursier.com)