Total Produce Share Discussion Threads

[quepassa] 15/3/2019 13:03

seems to me that Total Produce has had an enormous amount of Brexit-related political risk taken out of it yesterday as the prospect of a no-deal Brexit seems collectively unwanted by either The House of Commons or Brussels.

[quepassa] 07/3/2019 07:47

Steady as she goes.

A tougher last year with integration of Dole and geo-political challenges, against wich TP performed very credibly. -And indeed giving a modest but welcome increase in shareholder dividend.

A strong growth path, robust and reliable revenues and profitability in a product area of fresh produce which is gaining increasing consumer ground over processed food-stuffs.

A core long-term hold.

ALL IMO. DYOR.
QP

[18bt] 07/3/2019 07:36

Results sem to have beaten the paltry number of forecasts out there and mid single digit growth for 2019. More than happy to hold even in chaotic Brexit - they are well used to dealing with world tariffs.

[quepassa] 05/3/2019 11:10

Agreed.

-Caught in the ill-founded Ireland general Brexit-related sell-off.

-Also caught temporarily in the USA downdraft last year over some short-lived salmonella scare on fresh lettuce/salads.


Total Produce completely innocent and faultless on both accounts.


Market sell-off offers exceptional value in my opinion for fast expanding Total Produce.

ALL IMO. DYOR.
QP

[18bt] 05/3/2019 10:53

Results on Thursday - no forecasts seem to be avaailable, but 12x historic PER. These could be due a bounce if it continues its growth record

[essential] 08/2/2019 08:21

Just bought into these. Defensive share and looking strong technically

[jon123] 29/11/2018 09:00

not sure if to stick or twist here could fall a lot further in this market

[eentweedrie] 24/8/2018 14:46

looking like the right time to buy prior to results

[battlebus2] 22/8/2018 17:56

Results next Thursday then.

[quepassa] 30/7/2018 15:43

1.Full clearance on important Dole acquisition just received from Brussels.

Excellent news.



2. I also have to believe that consumer demand for salad produce and for fresh fruit/veg produce this hot summer season must be extremely buoyant and pointing to very good trading.

ALL IMO. DYOR.
QP

[badger158] 17/5/2018 20:27

Let's get the AGM out of the way first

[battlebus2] 17/5/2018 09:14

I’d suggest we may see another acquisition 🤔

[petes5] 17/5/2018 08:44

Interesting sector at the moment. Look at Ocado today.

[18bt] 17/5/2018 08:38

Why the weakness? Another fund raising or just lack of news flow?

[hardupfedup] 14/5/2018 06:29

yes totally agree qp

[quepassa] 14/5/2018 06:12

TODAY'S RNS.

TAKE SPECIAL NOTE ABOUT THE NEW BOARD APPOINTEE, MICHAEL MEGHEN:

"He possesses significant knowledge and experience in all aspects of company law and practice with a particular expertise in Mergers & Acquisitions."


It is of course not without interest that they spell that the Board has appointed a new member with a PARTICULAR EXPERTISE IN MERGERS & ACQUISITIONS.


ALL IMO. DYOR.
QP

[quepassa] 01/3/2018 08:55

This share remains off the radar.

Yes, astonishing for a Company with a Euro4.3bn turnover and growing fast.

However, no bad thing and seems to be the house style not to court publicity.

All I can say is that they seem to be doing A LOT of things right and building a global fresh foods empire in highly sought after key sector.

The share price performance over recent years has been spectacular as well as paying a steadily increasing dividend.

Personally, I think this has a long way still to go for the patient investor. Also, glad that management are focused on the business rather than the shenanigans of engaging publicly and frequently with brokers and the financial media circus.

ALL IMO. DYOR.
QP

[petes5] 01/3/2018 08:38

Surprised by the lack of interest and no price movement.Debt up but to be expected with the aquisitions but still OK. Pension deficit down.Might be adding today.

[quepassa] 01/3/2018 08:18

Astonishingly robust full-year results.

A excellent uplift in dividend by 10%.

A strong 2017 performance with a "like-for-like" Outlook for 2018 and continuing to target growth and expansion.

Well done to all at Total Produce.


ALL IMO. DYOR.
QP

[quepassa] 01/2/2018 16:38

It is meaningful that Goldman Sachs are first-named BookRunner for the $150m Placing.

Having Goldman on board will add a lot of gravitas to Total Produce and will likely help raise their profile significantly in the financial markets.


ALL IMO. DYOR.
QP

[loafingchard] 01/2/2018 15:21

Kerching. Well that release reads rather well in my view. As Carl points out , Dole is an iconic brand of longstanding. It's a beautiful feather in the hat that will make Total even more desirable to potential suitors. Also mentioned is the trend towards consumers becoming ever more aware of the need to eat fresh food as opposed to processed pap . Major players who do / don't have a foothold in the fresh market can make major inroads by taking out our newly enlarged group. NAI, DYOR, GLA.

[quepassa] 01/2/2018 08:02

Indeed.

Fully concur with Total Produce highly likely over time to buy the other 55% of Dole, judging by their normal modus operandi and track history of doing things.

And too true. Well on its way to becoming the largest Fresh Produce Company globally.

And what a company that would be.

Great news.

ALL IMO> DYOR.
QP

[18bt] 01/2/2018 07:54

This is well on the way to becoming the world's largest fresh produce company

[battlebus2] 01/2/2018 07:42

Yes very pleased to see guidance ahead, they’ll surely buy the remaining stock in DOLE a bit further down the line.