Tate & Lyle Share Discussion Threads

[gumarabic] 29/5/2009 11:06

Danger on this spike

[engineer66] 29/5/2009 11:05

Management changes look promising. ABF's sugar business doing quite well.
With a bit of a shake up at Tate, sugar moving in the right direction and a freshening up of the brands, sentiment could change and share price bounce back.

[jab118] 28/5/2009 14:09

Market is on the turn, might see a blue finish today, as shorters start to close the hefty shorted 250.

That's the latest on Doomberg folks.

[jab118] 28/5/2009 10:15

Eric..

True enought, what you have here is a typical company, which has been grossly over sold, with dividend retained.

Many companies issuing new share rights to survive, not the case with TATE.

Good defensive stock with good up side, onces this market gets to grip with what's happening with diluted share companies.

It will be up up and away, with the good solid ones ( imhonesto)

[eric bristow] 28/5/2009 09:51

All rather counter intuitive as I would have thought people consume more sugar and related products in a recession. Comfort eating/drinking and all that.

Get rid of the artificial sweetener side of the business completely IMO.

Relieved to see the dividend retained as where else are you going to get a decent return at the moment?

EB

[jab118] 28/5/2009 08:23

profits down...

gloomy future..

however dividend maintained..

looks like the mark down was overdone as the P/I buy

[eric bristow] 27/5/2009 11:46

When it does eventually hold it's straight to 3.50 on the chart.

I think the 3 quid back and forth game is to shake people like us out out so the really deserving types get all the sugar ;)

EB

[no24rton] 27/5/2009 10:19

28th time lucky!

[jab118] 27/5/2009 10:00

Eric.

Could well see a tick up of 180!!! some time soon maybe:@)

All joking aside, I am holding, on a good statement soon.

[eric bristow] 27/5/2009 09:55

I think that's the 27th time it's made it over 3 quid to be slapped back down again.

I think someones doing very nicely out of trading it and it's not me...!

EB

[zamakda1] 27/5/2009 09:49

Possibly tomorrow.
And notice how the price is being manupulated around the £2.97 - £3.02 level to stop it moving up.

[jab118] 26/5/2009 15:05

looks like the share price is being manipulated up ..lol

anyone know when results are out ?

[zamakda1] 22/5/2009 16:08

AlfG
Don't agree with you on this one I am afraid.

[jab118] 22/5/2009 12:43

Thisun, has broken over the 300p level, three times in week, can we hold it up for now.




here's hoping ...

[westcoastrich] 21/5/2009 10:09

1 billion debt, my my

[janes bond] 20/5/2009 21:10

As a long term holder - for what it's worth, my views are: -
Historically, TATE has increased dividends to reward share holders. In this climate, my *GUESS* would be that they SHOULD maintain OR increase the dividend. However, I am still wary about the past carnage which Ferguson and his crew did to the share price and will leave behind, (it will take a long time for me to forget his bizarre attitude to announcing profit warnings, when share holders would have appreciated an effort to lift himself out of his comfy chair and make some sort of effort to reassure us about the situation). The debt is still too high for my liking, (anyone know the current S&P rating?), and there are plenty of other issues which need ironing out.
I continue to hold and, probably, will do for a very long time.
I, for one, am very pleased to be informed of a change at the helm - long overdue!
I hope to see all of the investment in new plant to be performing well and increasing future prospects. Some of the debt SHOULD be reduced!
I also hope that Javed Ahmed waves his Midas wand on the prestige name of Tate & Lyle, (which is the main reason for my being very happy to leave my share of the company's risks in my portfolio).

Whatever, good luck to all investors, long, short or other.

[flexton] 20/5/2009 19:37

Retrace to 270p, not blooming likely imho


Bags of potential at Tate
By Andrew Hill

Published: May 20 2009 03:00 | Last updated: May 20 2009 03:00

Tate & Lyle executives still have to remind some British observers that their company is not a consumer-facing sugar and syrup maker, but more of a science-based business-to-business giant, loved in America if not in the City. Why, then, appoint a(nother) chief executive from among the Anglo-Dutch supermarket shelf-stackers?

One answer must be that Tate hopes some Reckitt Benckiser magic will rub off on the shares after Javed Ahmed takes over from ex-Unilever man Iain Ferguson. Given the company has just finished four years of capital investment, a surprising number of Tate's followers believe Mr Ahmed should start a new strategic review forthwith.

With Sir David Lees also handing over as chairman to Sir Peter Gershon, the odds do favour change. The main concern will be less Mr Ahmed's CV than the risk any review of Tate might pose to its sweet dividend yield. But given Mr Ferguson will leave with Tate's stock more or less where it was when he joined six years ago, some investors would sacrifice a progressive dividend for a more progressive share price.

[westcoastrich] 19/5/2009 22:11

OVERBOUGHT. RETRACE TO 270P LIKELY IMHO

[yf23_1] 19/5/2009 16:08

The new chief exec looks quite a good catch, after all Reckitt is all about increased margins through branding.
With such a basic commodity you need someone who can add value.

[jab118] 19/5/2009 14:42

yf23.. spot on mate full marks.

TATE will climb and climb.. grossly over sold, good sound company and dividends in the pipeline being maintained.

[yf23_1] 19/5/2009 14:28

see, I told you a rising flag wedgie meant someone knew something - inside information - the trades in the afternoon 2 days ago should be investigated.

[jab118] 19/5/2009 09:32

balony..

I think most of us are these days, but you need to asked these questions evening if you don't intend to hold long term.

[balcony] 19/5/2009 09:24

Jab118-I think they will maintain the dividend,BUT i am just a share trader.