Tate & Lyle Share Discussion Threads

[notanewmember2] 01/7/2010 08:09

Worrying time for workers there.

[wskill] 01/7/2010 07:48

This is madness this C/E should be sacked the same thing happened in the shipping industry the smart guys from Business school said sell the ships and charter them back for a short time this worked fine as there was no assets to depreciate but as soon as there was an upturn and the rates rose the company lost many times its original saving ,Tate will end up as a subsidiary of American sugar and be taken out for peanuts why has he kept the pension liability as well?.

[bobp] 30/6/2010 20:35

Yank company taking over the sugar side?

[wad collector] 25/6/2010 11:47

I am putting in a limit buy order for 449 ; I suspect this is nearly at the bottom of its dip.

[srpactive] 23/6/2010 21:32

rsi is always a good indicator of a
pull back, when the share price is
forming a new high but the rsi is not,
be aware as it did here.

Still waiting to buy when its right.

dyor

regards

active

[janes bond] 18/6/2010 22:44

Thanks for all of your replies. Each point is logical. I can live with any pull backs and don't want to waste money on transaction costs and risk having a portfolio minus TATE. I think it is the final dividend, (which has been declared). That adds to the others and helps with all the set backs. I also hold Chesnara, where there is chat about the possibility that cash from large institutions and PI's, who have been bitten by BP, is filtering through to other decent yielding shares. All ifs ands & maybes.

[srpactive] 18/6/2010 12:49

xd date 23 June 2010, then the fall.

[jab118] 18/6/2010 12:18

janes,

I'm no chartists,but been holding T&L for just over a year now, but the break above £5 today is definitely showing signs of market bullishness here. I'm thinking a slight retrace might be on the cards now as a few look to short this rapid rise from 420p in just under a month, as a few investors take a bit of profit. The only trouble with that is timing it wrong and miss out on a unexpected rally.:-)))

[srpactive] 18/6/2010 10:49

keep an eye on rsi, ensure it iss making
a new high on a new high share price.

dyor

[janes bond] 18/6/2010 10:03

Any chartists out there?
I've held through thick and thin, over the last few years and became oblivious to movements, (being used to bad news after bad news). I just hoped that the dividends would somehow see me through and they have helped tremendously. However, the recent movements have raised the old eyebrows, so I took a look at the chart just now.
A clear head and shoulders confirmed the bad news and break down in share price late 2005 to late 2007.
However, what looks like an inverse head and shoulders has formed, and goes with broker upgrades etc. mid 2008 to breakout from right shoulder this month, (June 2010). Todays rise has seen a break through the psychological 500p barrier also.
I looked at 7, 15 and 21 day moving averages, which look bullish.
RSI is looking overbought levels, as is MACD.
As I'm not a chartist, could anyone confirm my observations?
One downside to all this is that volume does not appear to support a clear cut breakout at these levels. I read that volume should be large in this type of event.
Any feedback would be appreciated.

[jab118] 14/6/2010 15:45

yep ,, could be back in the FTSE 100, really soon ...;_)

[srpactive] 09/6/2010 20:31

agree I how followed these for a while but not
bought yet, I think they could be on the ftse100
based on the close today.

dyor

regards

active

[wad collector] 05/6/2010 22:04

Being able to pay is rather different from wanting to pay, but I like the direction the share price is going.

[deanforester] 04/6/2010 17:33

It seems that there are rumours of a US company having a sniff at them.

Report from Evolution says that Bunge could afford to pay 700p/share, see

DF

[iangill] 27/5/2010 08:21

Dividend


The Board is recommending a maintained final dividend of 16.1p, making a full year dividend of 22.9p per share, in line with the prior year. The proposed final dividend of 16.1p (2009 - 16.1p) will be due and payable on 30 July 2010 to all shareholders on the Register of Members at 25 June 2010. A scrip dividend alternative is being offered.

[wad collector] 07/4/2010 11:39

Last weeks Telegraph.

Sweetener group Tate & Lyle produced positive results yesterday saying fourth-quarter trading was in line with its expectations and earnings would benefit from a stronger dollar rate. The new management team has improved the group's cash flow but there are still problems with the sugar sector. To combat these issues, there is a possibility the company might move away from sugar and concentrate on sweeteners and fructose instead. Shares have been unsteady but hold for new direction and management.

[jab118] 12/3/2010 10:59

Cash, you still holding these ?

I'm thinking, if this holds 460p today could be the start of the next lift north...

[jab118] 05/3/2010 15:17

Could this share be riding off the back of shorters money, I wonder ?

looks like it could be, with this late afternoon mini rally..;-)

[restassured] 05/3/2010 10:21

03/05/2010 10:19:27 - MARKET TALK: Credit Suisse Ups Tate & Lyle To Outperform

0919 GMT [Dow Jones] Credit Suisse raises Tate & Lyle (TATE.LN) to outperform from neutral but lowers target price to 535p from 550p. Brokerage raises 2011 pretax profit estimate by GBP14M to reflect dollar strength. Adds that cash flow is now materially better than thought after nine months, and though brokerage thinks dollar strength will mean debt rising in 4Q, the underlying trend is very good. "The dividend is predicated on the debt rating-the group must sustain its investment grade (currently a step above sub-investment grade)," it adds. Shares +1.7% at 450p. (ISD)

[restassured] 05/3/2010 10:14

Credit Suisse Upgrades to OUTPERFORM.

[jab118] 03/3/2010 17:21

tick tock, ticking up but not alot........:-)