Total Produce Share Discussion Threads

[battlebus2] 19/10/2015 17:56

Another 120k bought....

[battlebus2] 15/10/2015 19:44

Total Produce announces that on 15 October 2015, its broker Davy purchased 200,000 Ordinary Shares of nominal value EUR0.01 each in the capital of the Company ("Ordinary Shares") on behalf of the Company. The price paid for these Ordinary Shares was EUR1.346 per share.

The repurchased Ordinary Shares will be cancelled. Following the cancellation of these shares, the Company's issued share capital will reduce from 331,420,532 to 331,220,532. Each Ordinary Share carries one vote. Total Produce also holds 22,000,000 Ordinary Shares in treasury, which do not carry voting rights.

[battlebus2] 13/10/2015 22:00

Another 356k shares bought back at 1.335 euros which is just shy of £1.

[battlebus2] 13/10/2015 12:28

Total Produce announces that on 12 October 2015, its broker Davy purchased 50,000 Ordinary Shares of nominal value EUR0.01 each in the capital of the Company ("Ordinary Shares") on behalf of the Company. The price paid for these Ordinary Shares was EUR1.318 per share.

The repurchased Ordinary Shares will be cancelled. Following the cancellation of these shares, the Company's issued share capital will reduce from 332,127,032 to 332,077,032. Each Ordinary Share carries one vote. Total Produce also holds 22,000,000 Ordinary Shares in treasury, which do not carry voting rights.

[battlebus2] 13/10/2015 11:24

0.74 euro dividend due on the 16th i believe....

[loafingchard] 12/10/2015 12:32

75k shares bought for cancellation on Friday. http://www.ise.ie/Market-Data-Announcements/Companies/Equity-Details/?equity=4535085,004 shares traded today in 24 deals, see table at bottom of page.

[quepassa] 09/10/2015 13:08

Just keeps on stealthily moving forward.

It's off the radar. Long may that continue.

Maket cap now around £300million.

Big dividend increases. Very nice yield. Defensive sector but highly acquisitive and growth-oriented.

Institutions keep on upping their stakes.


ALL IMO. DYOR.
QP

[battlebus2] 09/10/2015 12:46

Moving nicely now on only one trade reported though i expect there to be more trades on the Irish stock exchange.

[battlebus2] 09/10/2015 10:26

I make that a new high :))

[battlebus2] 09/10/2015 08:51

Even better news with a share buy back programme to begin from today, 20 million Euros which could mean 16 million shares :)) should more than put a base in these imv......

[battlebus2] 14/9/2015 12:08

Great stuff, thanks Q.P.

[quepassa] 14/9/2015 12:06

A column on Total Produce appears on page 50 of this week's Investor's Chronicle (11-17th. Sept).

The share is rated a BUY by Investor's Chronicle which comments:-

"Total Produce is cash-generative and its acquisition strategy has been successful so far. The business also looks fairly well insulated against the deflationary conditions in food retail. Trading on 13 times full-year earnings, the shares still offer good value"

It offers a fantastic and steadily increasing dividend as well.

ALL IMO. DYOR.
QP

[battlebus2] 11/9/2015 08:54

Now 95p to buy and new highs...

[battlebus2] 08/9/2015 11:43

Trade just gone through at 95p :))

[quepassa] 03/9/2015 08:33

Excellent results.

Concur .

The TWO things which I also think are noteworthy are:-

1. Very generous increase in dividend by a big factor of 15% (the full year divi likely to be given similar uplift )

2. INCREASE in GUIDANCE to top of range.



The company continues to grow and to be acquisitive.

We are at or around a new all-time high.

The buoyant figures, strong outlook and SIGNIFICANT INCREASE in dividend, should help push share price higher.


ALL IMO. DYOR.
QP

[18bt] 03/9/2015 07:33

Cracking results

[battlebus2] 03/9/2015 07:17

Excellent half year results.....with guidance at the top end of forecasts....15% increase in dividend...


TOTAL PRODUCE ANNOUNCES STRONG GROWTH IN EARNINGS


•
Revenue up 9.2% to €1.73 billion
•
Adjusted fully diluted EPS up 11.1% to 5.52 cent
•
Adjusted EBITDA up 11.9% to €42.6m
•
Adjusted EBITA up 10.9% to €33.5m
•
Adjusted profit before tax up 11.5% to €30.3m
•
Interim dividend increased by 15.0% to 0.736 cent per share


Key performance indicators are defined overleaf


Commenting on the results, Carl McCann, Chairman, said:

"Total Produce has delivered a very strong performance for the first half of 2015. Total revenue has grown 9.2% with an 11.1% increase in adjusted earnings per share. A stronger operational performance and recent acquisitions contributed to this earnings growth. In February 2015, the Group completed its fourth investment in North America with a 50% investment in Gambles, a fresh produce company based in Toronto.

The Group is pleased to announce a 15% increase in the interim dividend to 0.736 cent per share. The Group is now targeting increased full year earnings at the top end of the previously announced range of 9.2 to 10.2 cent per share."

[battlebus2] 09/7/2015 17:27

Farringdon capital seem to have sold a few on the 8th..

[battlebus2] 08/7/2015 15:02

Good to see new highs today...

[battlebus2] 26/6/2015 11:23

Another tick up in a bad market day....

[battlebus2] 24/6/2015 14:30

Also good to see it move up on a day with only sells that i can see.

[battlebus2] 24/6/2015 13:55

Yes very positive Q.P. just like FFY a few days ago.

[18bt] 20/5/2015 10:50

Very happy holding here. Steady growth.