SSL International Share Discussion Threads

[mr bean2] 16/1/2009 11:10

very quiet here... makes me suspicious

[mr bean2] 13/1/2009 17:31

When the market is on a sell,

time to switch to SSL!

We all love SSL!

[mr bean2] 08/1/2009 21:04

strong move today - back to 560 soon?

[mr bean2] 08/1/2009 12:56

very good read. stock looking strong today

[s sangster] 07/1/2009 11:12

Yes, the company is buzzing

The European Conference in Malta celebrated
another fantastic year for SSL. But the real story
was the exciting new developments that will
lay the foundations for even greater success
The past 12 months have been an outstanding period for
our business – but we can achieve even more if we are
reallly hungry enough.
That was the key message from Ian Adamson, Managing
Director – Europe, at this year's European Conference in
Malta.
"This has been a monumental year for SSL, with some
memorable achievements, and brilliant individual and team
performances," he said.
"But last year is over and we now have to focus on the
years ahead. And not only do I believe we can keep the
momentum going but that we can also increase the rate
of growth over the next three to five years."
Ian was speaking after unveiling another set of impressive
financial results for the European division. These included:
• Sales growth of 8 per cent for the second consecutive
year
• Adding £29 million to last year's sales figure and
finishing £15 million ahead of the original budget
• Increasing the region's operating profit by £11 million
• Durex sales growing by 10 per cent on last year
• Scholl footcare growing by 10 per cent, and Scholl
footwear by 9 per cent.
Special mention was made of Durex Play 2in1 Massage for
creating a new category and reaching a wide consumer
base. Cracked Heel Repair Cream and the new Scholl
footwear collection were also highlighted as excellent
performers during 2007/08.
Delegates at the conference also heard how behind-thescenes
activity – such as the continued success of the IT
system SAP, the construction of the new condom factory in
China and tactical acquisitions – are contributing to
increased efficiency and a growth in profits.
Ian offered his congratulations on some outstanding
achievements – but encouraged everyone to set their
standards and expectations even higher, setting a goal to
further improve the sales growth rate by 2009/10.
He then outlined how SSL could go even
further beyond this, spotlighting three key
areas that will help secure SSL a fantastic
future: organic growth; acquisitions; and
geographic expansion.
Starting with organic growth, Ian explained
that the business needed to be consistently
hitting minimum growth rates of around 8
or 9 per cent, and that innovation was key
to making this happen.
As he said: "Innovation has taken us to
where we are today – just think of Durex
lubricants, Durex vibrators, Party Feet,
Cracked Heel Repair Cream and Mister
Baby. These are products where we have
been innovative over the past three years,
and they are now driving sales growth.
"We need a timely flow of hero brands and
extended product development, and that's
what we are working hard at delivering."
Ian held up Scholl's Perfect Nail Treatment
as "a perfect example of how consumerled
consumerled
innovation, linked to excellence in
execution, delivers outstanding results".
Another product that has been researched,
tested and developed with a clear
consumer benefit in mind is Play O. Ian
applauded "a brilliant piece of advertising"
that supported "an outstanding product",
before adding: "Trust me, this is going to
be massive."
Acquisitions are also set to play a major
role in SSL's brave new world. This part of
the business is being driven by the
Business Development team in conjunction
with local markets. One in particular is
causing great excitement – the Orthaheel
brand.
Based around a range of orthotic insoles
designed by leading podiatrist Phillip
Vasyli, who also presented to the
conference, Orthaheel products are set to
be rolled out across the whole of Europe
over the next couple of years.
Ian added: "The Business Development
team continues to seek out suitable
opportunities and right now we are
investigating a number of options that
could seriously build on what we have
already."
The final part of the business growth
plan is geographic expansion. Simply
put, this is about securing SSL as a key
presence in profitable emerging
markets. An example of this is the first
stage of our move into the Russian
Federation and Commonwealth of
Independent States.
There are 140 million consumers in
Russia and 46 million in Ukraine, and
both these territories have a rapidly
expanding economy and consumption
culture. Contex, the leading condom
brand in the area, has a 70 per cent
market share compared with Durex's 7
per cent. Furthermore, Scholl Footcare is
an under-developed category and Scholl
is in its infancy.
So what's the solution? Increase our
presence in Russia and the CIS. We
have made a small but important
investment in a business called
Medkom, the company behind Contex,
and we have the option of increasing
our investment over the next two years.
Said Ian: "This will transform our
business in Europe and move SSL into a
completely different league. Medkom
has fantastic distribution capabilities
and is very fast to market. It is a great
opportunity."
So, opportunities in abundance – not
just for the business, but for all
employees, according to Ian. "You all
have the chance to play a big part in
the future of this company. There really
is no limit to what we can achieve. It's
up to you – the future is in your
hands." ■
The conference was produced by the
Manchester-based company WRG, a
long-standing business partner of SSL.
Once again, they excelled in their
professionalism and creativity to create
a memorable and inspirational event.

[chevey] 06/1/2009 19:36

Thought Autumn, issue 15 was a good read.zzzzzzzzzzzzzz

[mr bean2] 06/1/2009 14:35

taa i read em all

[s sangster] 05/1/2009 14:21

Best company in the world! Read the magazine!

[mr bean2] 02/1/2009 15:12

time to top up.....

[mr bean2] 02/1/2009 13:50

silly bodies shifting out of quality stocks into the risky ones today - they will learn the hard lesson again

[enami] 02/1/2009 13:34

chevey here is a CGT thread with many en expert to help you



Try this site

www.CGTcalculator.com

or



I use Microsoft Money to keep track of my portfolio and CGT plus I use "taxcalc"
To file my returns "taxcalc" has all the latest rules.

[chevey] 02/1/2009 12:58

Enami, can you explain how the chart works in post 1214 and tell me how you work out the gain please, been scratchin my head for two weeks.
Can you download any sort of chart that will work it out as you trade so you know were you are up to, I know it can get quite complicated.

[enami] 02/1/2009 11:48

An interesting start to the day, spiked to 510 early on and quickly fell back.
Chartwise there is a Golden cross 50/200MA which may have spurred the early buying.

My target upped to 577 (the ATH is 569.5)if this can close over 523.
See post 1199

[mr bean2] 31/12/2008 11:15

back to 560 soon?

[dr deals] 23/12/2008 11:27

Happy Xmas! Look forward to the bid at 800p in the New Year!

[chevey] 22/12/2008 23:36

Emami, thanks for trying to help, want to buy somemore but don't know what to do for the best now, hate payin tax.

[chevey] 22/12/2008 23:31

Thank's but I'm even more confused now, how do I get a gain of 4247 and 15390.
I looked at it this way paid 15k for 7896 share's then £9798.75 (inc 0.5 stamp duty)for 2500 share's so my base would be £24798.75, sold 2206 @£444.75 = 9811.18 then sold 6610 @ £4.8506 = 32062.46 add them together 41873.64 then minus my original investment of 24798.75 = 17074.89, so still got 2125.11 to before cgt or am I still not getting to grasp with things.

[enami] 22/12/2008 22:07

chevey the Last In First Out (LIFO) rule for CGT is no longer valid and you must use the pool (average) purchase costs to calculate the base cost of your holding. AFAIK married couples can lump their CGT allowance together to give a total of £19200 so according to my calculation you have a very small liability (£432 x 18% = £78) here. If you buy back some shares within 30 days of your last sale then you can reduce to zero.(Added 0.5% to your 390 for stamp duty) GAIN BUY 7896 208.00 16424 BUY 2500 391.95 9799 . BASE COST 10396 252.24 26222 . SELL 2206 444.75 4247 REMAIN 8190 SELL 6610 485.06 15390 REMAIN 1580 TOTAL GAIN 19637

[chevey] 22/12/2008 20:08

Thanks Enami
My heads gone on this one,I bought £15k worth six years ago @ £2.08 under the option scheme = 7896 share's. I bought another 2500 @ £3.90 a few weeks ago then sold 2206 of them a week later for £4.4475, basically took my original investment out, then a week later sold 6610 @ £4.8506, basically where do I stand now. One last thing these are in mine and the wife name, so are we allowed double the allowance for cgt.
I want to go back in at the rite price but don't know where I stand.Any help would be grateful, thanks.

[enami] 22/12/2008 18:32

chevey the annual exempt (tax-free) amount is £9,600 for the tax year 2008-2009. There will be a single rate of Capital Gains Tax of 18%.
Of course the £9600 applies to your complete portfolio and not each individual disposal.

Remember that if you sell shares and then buy back within 30 days you have to use that buying price to calculate your gain.

For example if you originally bought 10,000 shares at 300 and sold last week at 500 you would owe tax of [(50000-30000) - 9600] x 18% = £1872.
But if you bought them back today at 450 then there would be no tax payable as 50000 - 45000 is less than 9600, but you now have to use the original 300 buy price to calculate your next gain.
Can get complicated if you bought back a different number of shares than the sale.

[chevey] 22/12/2008 18:00

Need help on this.
What is the max profit you can take out before paying cgt. I think I have used it up and if I go back in I may have to wait until April to sell so as to avoid paying tax.

[chevey] 22/12/2008 17:51

Looking for a re entry point myself 442 sounds good but not today eh.

[enami] 20/12/2008 10:05

Knocked back 12p in the closing auction (closing UT high volume almost half the day's total). I guess many a trailing stop triggered after falling through the short term support and the 20MA.
448 is the 200MA and almost 50% retracement of the previous wave.
Might come back in here if the 50MA at 442 holds.

[mr bean2] 19/12/2008 14:40

whipped around in thin xmas trade? good entry point?

[dr deals] 12/12/2008 15:20

SSL would surely make a good fit for P&G - get SSL's manufacturing facilities in India, China, Thailand etc, emerging markets growth in Russia etc. but might pay to do it before Sterling bounces back


P&G to embark on record expansion
By Jonathan Birchall in New York

Published: December 11 2008 18:36 | Last updated: December 11 2008 18:36

Procter & Gamble is to embark on the most ambitious expansion programme in its history, as it moves to increase its strategic focus on emerging markets despite the current global economic slowdown.

Bob McDonald, chief operating officer, told Wall Street analysts that "almost all" the 20 new manufacturing facilities that P&G will open during the next four years will be outside its established markets.

"P&G's centre of gravity will shift toward developing markets," he said. "We will literally transform our manufacturing and distribution systems by proactively managing our capacity needs around the world."

The company has 39 manufacturing sites in the US, but only 10 in China and just two in India.