Tate & Lyle Share Discussion Threads

[essentialinvestor] 11/4/2018 11:05

Has brookboker sold )

[essentialinvestor] 10/4/2018 18:45

Hi Phil, my bet was always it would be renegioted.
I still may be wrong, however it would hit hard some of the GOP base
and Trump supporters if a deal could not be reached.

This is the President who 'wrote' The Art of the Deal, a failure on NAFTA
would be a major embarrassment for him- before you get to
the issue of whether Trump has the constitutional power to dissolve a trade
agreemen ratified by Congress. There would be an avalanche of
legal challenges, surely.

[philanderer] 10/4/2018 18:38

Texas Governor Greg Abbott

FOX Business @FoxBusiness

16 minutes ago

.@GovAbbott on trade: "It seems like progress is being made with NAFTA."

[essentialinvestor] 09/4/2018 12:30

Hi Phil, I'm not one for the sun so much, however this has been remorselessly dull.

[philanderer] 09/4/2018 11:32

Morning EI , chart looking a little hopeful .

Blimey , we've had some rain this year ! :-O

[essentialinvestor] 09/4/2018 11:03

Hi Phil, low may be in, hopefully! ).

[philanderer] 06/4/2018 10:19

Morning EI , fingers crossed :-)


"Nafta Trio Meets Amid Growing Optimism for Deal"

[essentialinvestor] 05/4/2018 14:02

NAFTA talks look to be progressing.

[essentialinvestor] 28/3/2018 11:27

Bought a few more this AM, that's my final lot now.


Brookboker, I take it you have not sent a .. Sorry you're leaving card.

[bookbroker] 27/3/2018 17:51

This geezer Ahmed just a moron, he has left the company where he started, nowhere further basically, juggled the balls a bit, should have left a year ago, hje’s Done an appalling job for shareholder value, give or take a few dividends!

[mj19] 17/3/2018 18:01

Tate & Lyle (TATE) Rating Reiterated by Liberum CapitalPosted by Samantha Guadardo on Mar 17th, 2018 // No CommentsTate & Lyle logoTate & Lyle (LON:TATE)'s stock had its "buy" rating restated by investment analysts at Liberum Capital in a research note issued on Thursday. They presently have a GBX 850 ($11.74) target price on the stock. Liberum Capital's price objective would indicate a potential upside of 54.66% from the stock's current price.

[bookbroker] 15/3/2018 13:45

I agree with what you say on the debt particularly, there are too many companies to choose from with very levels of debt, irrespective of their ability to service it, I prefer to look at companies with balance sheets in good order, that is not recognised by the market in general! With the economic cycle late in age, that will change!

[essentialinvestor] 15/3/2018 13:16

While we don't know what type of CEO he will make, he is a very astute CFO.
and his background is in this industry. Keep in mind he oversaw much of the
restructuring following multiple profit warnings.

At a guess, we may see the acceleration of specialist ingredients
with an increasing focus on APAC growth opportunities.


TATE entered 2008 with nearly £1.1 billion in debt,
so whatever you think of Mr Ahmed, he tidied up the balance sheet.

It remains to be seen how successful recent investments will be,
hopefully a multi year payback, and worst case some extra costs can be removed if necessary.

[bookbroker] 15/3/2018 10:00

I look at the new guy as a fresh mindset, despite him being an internal candidate, but I look at the statement and although it was mentioned that they are suggesting that profit growth will be lower as a result of restructuring the company for the future, I still see that as positive. I think the clarification on NAFTA will be positive, when it emerges, although the issue of tariffs on corn syrup in Mexico may be negative. But I want to believe that this company still remains a takeover target on the basis of its position in food ingredients, it is most probably reasonably good value at this level irrespective, and if there is a market downturn the nature of its business does provide some insulation, and a fair yield to boot.

[essentialinvestor] 15/3/2018 09:50

They can have mine for £8.40, I might even be negotiable on that ).


Brookboker, re the CEO, had you not reached your conclusion before buying.

[bookbroker] 15/3/2018 09:30

I would like to see another analyst recommendation, Liberum take a lot of dissuading, still maybe they believe in the valuation, I’m not going to argue!

[philanderer] 15/3/2018 09:20

Still banging it out ;-)

Liberum 'buy' tp 850p

[bookbroker] 14/3/2018 08:15

Ahmed seems to feel he has done a good job, I hope that we will not start the new tenure of Hampton with a negative trading statement in order to provide him with a clean slate, Ahmed has not done a good job, he leaves this company where he started, shareholders may like the dividend attributes but it is the valuation that is more important to me personally, actual growing the company, the only thing he has achieved is to leave the balance sheet in decent order, more than can be said for a number of companies!

[essentialinvestor] 13/3/2018 16:01

There's Cargill for one, largest privately held company in the US.

However a bid is only an outside possibility, rather than a solid reason to hold.

[bookbroker] 13/3/2018 15:31

Food companies, or in this case nutrition, are supposed to be boring, but this one gyrates like a tech company!

[bookbroker] 13/3/2018 15:26

No, it friggin is’nt, a bid is likely here at some point, soon, this company would be better as part of a larger entity, a case of whom, not too many choices, how about Chinese!!!!

[essentialinvestor] 13/3/2018 15:17

May be foolish but I've added.

Brookboker, it's not you selling that's driving down the price is it ;

[bookbroker] 13/3/2018 13:57

To be followed McMaster, Mattis, etc! Soon he will run out of picks!

[philanderer] 13/3/2018 13:57

Chart support 535p , then 505p