Total Produce Share Discussion Threads

[badger8888] 23/11/2020 10:19

Davy, this morning very positive, out preform rating. Remember free advice .....

[18bt] 23/11/2020 07:34

That looks quite a big upgrade in the very limited mkt forecasts: c€50m increase in turnover and €10m increase in profits, equating to 2.5c EPS.

[badger8888] 18/11/2020 23:09

An update in Dole would be welcome, I expect that the share price will be much higher when results are issue early March. The all-time high was E2.57 however the takeover of Fyffes drove the price that high.

[lmulhare] 18/11/2020 18:59

Shares are up in general on Covid-19 vaccine news. After the stock of better-known companies rises strongly, less prominent equities look like better value. There were sellers when the price was under €1.20, but few are willing to sell cheaply now. The price has been depressed by speculators in recent years & there might be a well-deserved short squeeze happening. MarketScreener rates the stock as "buy" with an average target of €1.70.
hxxps://www.marketscreener.com/quote/stock/TOTAL-PRODUCE-PLC-1412414/?type_recherche=rapide&mots=total%20produce

[quepassa] 18/11/2020 17:15

I think there is a reason for today's big move........

[badger8888] 08/9/2020 12:48

For what it's worth Davy gave it a very positive review this morning. (Free advice ......)

[lmulhare] 08/9/2020 12:30

The share price has broken above the descending trendline it's been under since the peak at the end of 2017. :)

[badger8888] 08/9/2020 07:30

€1.18 in Dublin this morning. Moving in the right direction.

[lmulhare] 29/8/2020 21:15

Among the resolutions approved at the AGM on Friday 28 August 2020 is:

9 Authorisation of market purchases of the Company’s own shares

I hope this will lift the share price, which is at €1.10, having bizarrely gone as low as €1 the day before the ex-dividend date of 6 August. This 2019 final dividend of 2.577 cent per share is due to be paid on Wednesday 2 September.

hxxps://investors.totalproduce.com/~/media/Files/T/Total-Produce-IR/documents/agm/2020/agm-poll-results-2020.pdf

[quepassa] 27/8/2020 08:53

Indeed.

Two good dividends at a time when most companies are slashing dividends.

Very buoyant outlook.

A hidden gem.

ALL IMO. DYOR.
QP)

[18bt] 27/8/2020 08:30

And 2 dividends to come! Nice yield on those

[hardupfedup] 27/8/2020 06:51

2020 EUR'million 2019 EUR'million change
============================================= ================= ================= ========
Total revenue 3,112 3,051 +2.0%
Group revenue 1,893 1,833 +3.3 %
Adjusted EBITDA 118.2 117.1 +0.9%
Adjusted EBITA 91.5 92.8 (1.5%)
Operating profit before exceptional items 52.9 52.4 +1.0%
Operating profit after exceptional items 47.6 60.9 (21.7%)
Adjusted profit before tax 67.1 65.9 +1.7%
Profit before tax (after exceptional items) 42.6 55.3 (23.1%)
============================================= ================= ================= ========


EUR'cent EUR'cent change
=========================================== ========= ========= ========
Adjusted fully diluted earnings per share 9.45 9.80 (3.6 %)
Basic earnings per share 6.91 11.23 (38.4%)
Diluted basic earnings per share 6.90 11.20 (38.4%)
Interim dividend per share 0.9129 0.9129 -
=========================================== ========= ========= ========


resillient !

[badger8888] 23/7/2020 18:20

Total Produce are alive and well in Co Sligo. I was in Rosses Point over the weekend and a TP van was delivering to The Driftwood restaurant. Yes, I did spend a few euro there. A very popular restaurant in the season, booking recommended.

[18bt] 02/7/2020 08:23

Apologies badger, make that 3 posters. Carl McCann is 66 and I don't think other family members are involved in the management. I've always thought that an offer at some point is quite likely.

[badger8888] 02/7/2020 08:17

You are correct, we will go the same was as Fyffes. The all-time high was E2.57, we are a long way off that figure. Hopefully we will be much nearer that figure before we are taken out.

[quepassa] 02/7/2020 06:50

When they say satisfactory results in their encouraging Trading Update, I personally interpret that as good/very good.

With Total Produce, it is my belief that this is a classic case where the value of the parts is vastly greater than the value of the whole.

This will not have gone unnoticed to other players in the sector.

Long-term hold and eventually expect the same fate to befall them as Fyffes which was taken over in 2017.


ALL IMO. DYOR.
QP

[18bt] 02/7/2020 06:29

Seemingly another solid update. The historic PER is under 8x and that is churlish for a defensive share. It ought to have a higher profile for a company capitalised at over £400m. But as there are only 2 posters on this Board, it will probably just continue being off radar and producing a very small dividend which is incredibly well covered. Don't like the Irish tax witholding on the divi tho. At these levels I can't see a real reason to sell other than I can't see it going anywhere.

[quepassa] 05/3/2020 09:02

Excellent results.
Buoyant outlook.

Brexit not an issue.
Covid 19 expected to be of minimal impact.

Astonishing growth in sales.

ALL IMO. DYOR.
QP

[18bt] 05/3/2020 07:54

Growth completely under the radar. Historic PER of less than 9x. But growth heavily dependent on Dole which is not controlled. Hence I suspect div increased at a lot less than earnings. Good cashflow generation.

[18bt] 05/3/2020 07:54

Growth completely under the radar. Historic PER of less than 9x. But growth heavily dependent on Dole which is not controlled. Hence I suspect div increased at a lot less than earnings. Good cashflow generation.

[battlebus2] 04/3/2020 17:39

Still a holder and noted the strength during the recent sell off. A great company if conditions including weather are correct. Last update was positive so 🤞 nothing has changed since then.

[18bt] 04/3/2020 09:58

Results out tomorrow - seems to be off everyone's radar - still some Brexit risk and no real forecasts out there, but still potential for it to generate good cash.

[eentweedrie] 29/8/2019 06:50

not bad - would be interested to see reported figures too