Tate & Lyle Share Discussion Threads

[philanderer] 06/6/2018 12:14

6th june Credit Suisse neutral tp 700p up from 670p

[philanderer] 06/6/2018 00:01

Mexican peso extends drop on Nafta fears


...The Mexican peso extended its decline on Tuesday, briefly hitting a 15-month low, as hopes dimmed over the prospects for a new North American Free Trade Agreement following a sharp escalation in the tit-for-tat trade war between the US and Mexico.

[philanderer] 04/6/2018 20:47

NAFTA window likely closed, talks set to stretch into 2019 as tariffs imposed

[wad collector] 04/6/2018 09:31

There was a time when a decision by a US President was an important and firm decision that the market had to take in consideration and not likely to change.
Now it is hard to believe that the policy might not be changed tomorrow ; hard to plan around that!

[philanderer] 01/6/2018 23:41

You just don't know what this fella is going to come out next with ;-)


'Donald Trump hints at axing NAFTA to create separate trade deals with Canada, Mexico'




'Nafta Haggling Could Slide Into 2019 After Metals Tariffs'

++ People familiar say recent high-level push for deal has ended
++ Window to pass deal in this Congress has closed, lawyer says


The window for a quick Nafta deal has probably closed and, barring a last-minute surprise, the process is set to stretch into 2019 and a new batch of lawmakers.

Recent high-level talks between the U.S., Canada and Mexico came up short in a bid to reach a deal that could pass Congress this year. Then came Thursday’s tariff announcement and war of words between the countries, particularly President Donald Trump and Canadian Prime Minister Justin Trudeau.

While Nafta negotiations will continue, the urgency looks to be gone.

[philanderer] 01/6/2018 08:23

1st june Liberum buy tp 900p up from 850p

[philanderer] 31/5/2018 15:36

But a good bounce off 680p

[philanderer] 31/5/2018 11:13

Resistance at 700p by the look of it. Plus profit taking from the recent good rise.

[philanderer] 30/5/2018 20:54

'Tate & Lyle’s Lafayette South plant awarded ENERGY STAR Certification for third consecutive year'

[philanderer] 30/5/2018 14:18

Eastbourne, nothing with a profit :-)


Volume still on the up 1.5 million printed now.

[eastbourne1982] 30/5/2018 12:16

Sold today, took 20% in three months, happy with that from a relatively low risk investment. Looks overbought now in the short term.

All the best to holders.

[philanderer] 30/5/2018 12:08

updated:

30th may Citigroup neutral tp 710p
29th may Goldmans neutral tp 690p
29th may Deutsche hold tp 675p
29th may Berenberg hold tp 730p
24th may Liberum buy tp 850p
24th may Kepler buy -
24th may ShoreCap hold -


24th may +++++ finals +++++

[essentialinvestor] 30/5/2018 11:56

£7 in its sights.

[philanderer] 30/5/2018 11:54

Nice volume as well, almost 1 million printed so far.

[wad collector] 30/5/2018 10:54

Impressive share price surge. I must resist the temptation of some quick small profits.

[philanderer] 29/5/2018 17:30

Evening EI , you've called this one very well for a while now :-)

TATE and RRS the only blue ones for me today.

[essentialinvestor] 29/5/2018 15:53

Phil, I did say it would come good! ))

[philanderer] 29/5/2018 14:15

Best one for me today..


Push for Nafta Deal Forges On as Congress, Tariff Deadlines Loom

[philanderer] 29/5/2018 09:55

updated:

29th may Goldmans neutral tp 690p up from 665p
29th may Deutsche hold tp 675p up from 650p
29th may Berenberg hold tp 730p up from 655p
24th may Liberum buy tp 850p
24th may Kepler buy -
24th may ShoreCap hold -


24th may +++++ finals +++++

[philanderer] 26/5/2018 01:03

That might work ;-)

Sun exclusive...TORY grandees are hatching a ‘dream plan’ for Michael Gove to serve as caretaker Prime Minister and step down for Ruth Davidson in 2021.

[philanderer] 25/5/2018 14:50

Mexico Made U.S. an Offer in Bid for Nafta Deal, Sources Say

[philanderer] 24/5/2018 20:42

Earnings Call transcript..

[essentialinvestor] 24/5/2018 16:52

Hi Phil, yes, and the last development I want to see is a large highly priced
acquisition, Hampton strikes me as cautious, and like that.

Pension deficit about cleared, which has got little comment.

Also the £100 Million efficiency drive has gone a little under the radar.

As per ususl with TATE, reasons to be cheerful, some reasons for caution.
Nice dividend payer, falling debt, and the payout looks secure, at least for the foreseeable. A Trump tantrum on NAFTA may provide another buying opportunity.

[philanderer] 24/5/2018 16:41

My wife was on the train by 7am as well , I never heard the alarm :-)

----------

FT:

Alicia Forry, analyst at Investec, said in a note that Tate & Lyle was over-reliant on the US market, which accounts for 75 per cent of sales.

“We would like to see M&A accelerate,” she said but noted that Mr Hampton had committed himself to a long-term net debt/ebitda ratio of 1-2 times, “which will somewhat constrain the type of deals the company will be able to execute”.




....So good to see Nick Hampton says he will be concentrating on expansion into emerging markets.

[essentialinvestor] 24/5/2018 13:01

Phil, I wish, better half was working by 7, alarm went before 6.00am.