Tate & Lyle Share Discussion Threads

[maurillac] 23/9/2014 17:57

no sanks i cant see it dropping below 3p, sorry to disappoint you ;)
m

[sanks] 23/9/2014 16:47

Just to let you know, i still have a shaggers stance on this stock.
Entry target is 2.27p

Sensible comments appreciated
Sanksalot

[maurillac] 23/9/2014 12:06

well at least nobody can say that they are leaky !
i cut my long around 691 & watched it rise thinking i had made another mistake, feeling better today about my decision.
will watch awhile now though
gla
m

[kronenbourg] 23/9/2014 10:44

A steady rise over the last few weeks with the big jump on Friday brought Tate onto my watchlist for this week - I'm quite glad I held off buying yesterday!

[grahamite2] 23/9/2014 10:29

I put in a limit sell order on Sunday for 755, just to collect on the recent strong rise. Needless to say I had no conception this was coming (although it's typical TATE).

So, yet another adage bites the dust: that only mugs put in orders to sell at best.

[housemartin2] 23/9/2014 09:11

Salpara views on Splenda seem IMV pretty correct. TATE is in my income portfolio so I am not concerned about share price movements in this stock over a 2 or 3 year period (but I do not obviously like showing a loss even if it is a paper one to me).
My real concern comes over the security of the dividend (I think we are alright to date given existing cover and cash flow) and whether the Splenda market position is an existential threat to the long term survival of TATE.
Obviously I do not or I would not be invested here but repeated bad news does move this up my concern table !

[enturner] 23/9/2014 08:53

Should limit the damage as the day progresses.

[wad collector] 23/9/2014 08:50

Ouch.

The gambler in me sees this as a buying opportunity. Just bought back at 608 ; the market often seems to over-react to warnings in my view. We will see.

[salpara111] 23/9/2014 08:44

Traded these after the last drop but only got a 5% rise and was just kicking myself when I saw the share price soar the other day, clearly I did not miss out!
Once again the Chinese have destroyed an industry with massive overcapacity, they did it to the solar industry and drove most western countries out of the market and despite that, the selling price of photovoltaic wafers is still below manufactured cost.
The Splenda business is not going to recover this year or next and as such it leaves Tate in a very awkward position as they say they have already stopped supplying certain customers due to low prices.

[essentialinvestor] 23/9/2014 08:14

Some here thought I was being overly cautious,
however this does not come as a surprise imv.

It continues the trend.

[lqs] 23/9/2014 07:41

thats a doozy of a profit warning. £6 today

[housemartin2] 23/9/2014 07:32

Another profit warning ! By my reckoning pbt of 230 to 245 is about 50 to 60 below consensus ? Not insignificant. I am braced for a significant drop this morning.
Looks like Mr Market was not calling this right.

[housemartin2] 20/9/2014 12:59

A mention in FT weekend Money section in article by John Lee about Director purchases that young Javid topped up 20k shares at 624p. Pretty impressive as that price is the lowest for last couple of years (also noted chairman topped up 10k at 638p) JL's point was that these purchases were from their own resources so real skin. Grahamite2 - could be backing up your point ??

[grahamite2] 20/9/2014 03:57

Yes, October 2 should be interesting. Given this has shot up like someone lit the blue touchpaper, and the lack of obvious external reasons for this, you have to wonder if someone knows something.

[housemartin2] 19/9/2014 16:52

Hooray ! Above my B/E at last. Nice to be above the waterline at last. Looking hopefully to 2 October.

[balcony] 18/9/2014 13:53

Been strong last few days,not much volume but maybe a surprize bid out of the blue

[wad collector] 17/9/2014 09:44

Jumped up to 712 this am (and triggered my limit thank you) for no obvious reason , nil in news I can find.

[grahamite2] 09/9/2014 15:09

Blimey, what happened here on this uninspiring day for the market as a whole?

[wad collector] 04/9/2014 15:09

Another few pence 702, and I shall take a quick 12% on last month's trade. The rest I shall hold , but with the FTSE100 ticking such highs , it seems churlish not to take some profit.

[scobak] 18/8/2014 12:42

Regression to the mean I think.

[housemartin2] 16/8/2014 11:46

In my case it's luck really though I might try and pretend otherwise. The fact that my average holding cost is 740p really says quite a lot!
Anyone got any views if anything significant about the latest rise ( its a bit too soon since the last takeover rumour) or is it just a perception that the recent falls overdone & its our friend 'Market Fluctuations'

[hiddendepths] 16/8/2014 08:19

That's a really good rebound from the unsettling statement. Well done all who topped up in the 620's!

[wad collector] 06/8/2014 21:38

I think we avoided amputating our fingers on that falling knife. It is now a floating syrup.