Total Produce Share Discussion Threads

[quepassa] 11/3/2014 10:00

Irish Independent on the recent Total Produce results with some comment from stockbrokers Davey and Goodbody:-




ALL IMO. DYOR.

QP

[dashton42] 11/3/2014 08:38

I think it's more than 3 or 4 - I just tend to be a bit of a "lurker" on some of the bbs...

Sounds like we have a siimilar investment style though, in terms of a large number of portfolio holdings.

I take a contrarian stance, and so when I read that the ideal portfolio is 8-10 shares, I delight in completely ignoring that advice.

(I won't tell you how many holdings I have, but it's more than 32!)

[battlebus2] 10/3/2014 18:35

LOL, dashton42 not that i'm aware of but we do seem to have similar investment ideas. I believe we hold 3 or 4 out of my portfolio of 32.

[dashton42] 10/3/2014 14:18

bb2, do you hold EVERY share in my portfolio?! Seems like it! Good luck with this one - FFY has certainly been a right result.

[battlebus2] 10/3/2014 13:24

Adding a few here :))

[loafingchard] 10/3/2014 12:30

Have started building a position here at TOT . Having re-read the results announcement I feel reasonably confident the momentum can be maintained . NAI , DYOR .

[quepassa] 10/3/2014 09:54

Yes.

The whole sector is waking up and revolutionising.

The perceptions of a boring fresh foods industry is evolving into that of a dynamic industry.

Personally I don't view Total Produce as a fresh produce company. I see it as a LOGISTICS Company - which happen to be in the wholesale fresh foods and packaging arena.

And they are excellent at that and getting better all the time. Their website shows great examples of their warehousing, distribution, chilling, packaging centres.

Just as Jeff Bezos of Amazon fame worked out that his business is ultimately based on distribution pre-excellence and logistics. This has allowed Amazon to evolve from an online book-seller to the awesome Everything Store.

Total Produce appear in my view to be going the same way.

Certainly the way they are devising and automating their supply-chain and distribution facilities show clearly how they have embraced modern technologies and techniques.

With a turnover of E3bn ++, it remains an enigma to me that hardly anyone in the investing communities are familiar with TP.


ALL IMO. DYOR.
QP

[coincall] 10/3/2014 09:22

Driven also by FFY/Chiquita announcement this a.m. Why did they part with TOT years ago?

[quepassa] 10/3/2014 09:12

Creeping up again.

Following last week's results, highly regarded Irish stockbroking firm, Davey retain their rating/recommendation of OUTPERFORM.

Some notable points from the Davey Note:-

-Better than expected revenue in Fresh Produce

-organic revenue growth impressed at c.8%

-Low volatility at the earnings line, healthy returns and strong cash generation continue to underpin investment thesis

-proposed dividend increase by 10%

-Rearranged its group pension scheme, decreasing liability from E23.7m to E3.9m


ALL IMO. DYOR.
QP

[quepassa] 05/3/2014 11:08

London market on AIM.
Can normally deal near mid-market.
QP

[mount teide] 05/3/2014 10:09

MTG - hold my main position on the Irish exchange and CFD position with IG, who are currently at the limit of their 3% exposure.

[m.t.glass] 05/3/2014 09:40

Are posters here generally in this stock on the Irish exchange (priced in euro, spread 1%) or the London exchange (priced in sterling, spread 4%) ?

[mount teide] 04/3/2014 14:36

Yes, very pleasing results - well managed company with plenty of international growth potential.

[18bt] 04/3/2014 09:12

Producing good reliable growth and still not really on a growth rating.

[quepassa] 04/3/2014 07:45

Very strong figures.

Attractive 10% increase in dividend.

Total Produce continues to perform very well. The business is expanding internationally and offers favourable growth prospects.

ALL IMO. DYOR.
QP

[battlebus2] 04/3/2014 07:10

•
Total revenue (1) up 13.0% to €3.2 billion


•
Adjusted EBITDA(1) up 6.7% to €74.1m


•
Adjusted EBITA(1) up 9.4% to €58.7m


•
Adjusted profit before tax (1) up 12.5% to €52.9m


•
Adjusted fully diluted EPS (1) up 10.5% to 8.77 cent


•
Final dividend up 10.0% to 1.66 cent

[quepassa] 26/2/2014 11:45

Concur with the 30% upside for Total Produce as mentioned in Wexboy's always highly readable and informative blog.

Depending on TOT's figures to be released on Tuesday 4th. March, upside may indeed be higher than 30% in my view.

ALL IMO. DYOR.
QP

[loafingchard] 26/2/2014 10:31

Thanks wexboy for the update , may take some profit here before long . Good luck with your holding .

[wexboy] 26/2/2014 03:05

2014 – The Great Irish Share Valuation Project (Part III)

Company: Total Produce

Prior Post(s): 2012 & 2013

Ticker: TOT:ID

Price: EUR 0.94

There's actually been no changes to my TOT analysis/price target since this updated Oct-2013 post. For easy reference, here's my fair value calculation:

(EUR 0.088 * 11 P/E + (3,074 M Revenue * 0.125 P/S + 100 M Cash/Investments) / 330 M Shares) / 2 = EUR 1.22

Despite doubling in past 16 months, Total Produce still offers some decent upside. I actually added to my position last month, once TOT broke clear of its EUR 0.83-0.88 resistance zone. The stock's been slow to build on its gains since, but final results are due in a couple of weeks & there's little in the way of technical resistance overhead (aside from the psychological EUR 1.00 level).

Price Target: EUR 1.22

Upside/(Downside): 30%

_

See the Wexboy investment blog for links, charts, full post, etc.

[quepassa] 06/2/2014 15:41

This share just keeps on creeping up.

But when you look at what they are doing, is it surprising?

Just look for example at what they are achieving on logistics for fresh produce at their Swedish associate company, Everfresh.

Click on the Everfresh video link for Helsingborg Investment:-




ALL IMO. DYOR.
QP

[quepassa] 13/1/2014 09:37

Up 100% over the last year.

QP

[hardupfedup] 21/12/2013 13:12

thanks for info que

[quepassa] 20/12/2013 19:26

Gamechanger!!

This will focus more institutional interest onto Total Produce.

After hours announcement that well-regarded Sparinvest a/s have taken a 3.95% investment in TP. Link to the web-site:-



This stock has great potential.

ALL IMO> DYOR.

QP

[blapighead] 12/12/2013 18:55

yes big volume today just been looking at the charts, interesting as year end is at the end of this month mmmmmm........