Total Produce Share Discussion Threads

[quepassa] 17/2/2021 07:30

-- In addition, the Board of Directors of Total Produce believes that there is significant potential for further value creation, assuming Dole plc's IPO valuation is comparable with relevant industry peers in a U.S. public market context.

[18bt] 17/2/2021 07:26

very complex transaction, but the headlines look good. I hold in a SIPP, so I think I should be able to continue to hold a US listed. I wonder whether there will be some weakness as shareholders who can't hold US shares swap out for those who can. Need to look and see whether the dividend policy is likely to change and work through different holding tax arrangements. Overall, I'd expect a bounce today.

[quepassa] 17/2/2021 07:22

-- The Transaction is expected to create significant value equivalent to at least EUR2.15 per Total Produce share ( a +46% increase on yesterday's closing share price)(1) based on an agreed floor valuation of US$215 million (as a condition set forth in the Agreement) for the 17.5% stake in Dole plc owned by the C&C shareholders on a fully diluted basis immediately prior to the completion of the Transaction 2 .

[badger8888] 21/1/2021 13:27

E1.50 in Dublin just now. Onwards and upwards, hopefully. A long way short of all time high of E2.57. I'm expecting very good results all things considered. GLTA.

[badger8888] 13/1/2021 12:52

I expecting good results from Total Produce, for the duration of Covid the spending that would have gone to Cafés & Restaurants moved to Retail, people eat well.

[lmulhare] 13/1/2021 11:02

€1.30 is now support & €1.20 should be strong support, having been resistance from June to November 2020. Additionally, €1.20 is now the bottom of a rising channel price has been in since March 2020.

As of last Friday, the 1 year total returns & PE ratios for the following are:
US Market 26.1% 20.8x
Irish Market 10.9% 25.1x
Irish Consumer Retailing 9.1% 21.5x
Total Produce PLC 2.8% 15x

Total Produce has more headroom for appreciation than most stocks. The interim dividend of 0.9129c will be paid on 29 January 2021. :)

[onehanded] 13/1/2021 08:50

Been keeping an eye and checking this out. Think with the ongoing pandemic at least till May, it may see a fall in profits 1st quarter. It could retrace to around 1.10 but looking further forward seems it could well be a good stock to hold.

[badger8888] 24/11/2020 10:37

E1.416 this morning, the move up continues!

[badger8888] 23/11/2020 20:30

Tks for the reminder regarding the January payment :)

[lmulhare] 23/11/2020 13:18

I've been looking at historical price action & €1.50 by Xmas is exactly what I'm thinking, followed by 10c increments thereafter. The interim dividend of 0.9129c per share is due in January, so we should hear an announcement on the ex-dividend date. :)

[badger8888] 23/11/2020 12:51

E1.50 by Christmas? That would be nice. All time high E2.57. I would have liked to have heard some news regarding Dole. We will probably have to wait till early March.

[lmulhare] 23/11/2020 10:33

Total Produce PLC Trading Update this morning:
"...trading for the 10 months ended 31 October 2020 has remained positive... Sales, Adjusted EBITDA and Adjusted Earnings Per Share are now expected to be slightly ahead of full year 2019."

hxxps://investors.totalproduce.com/investors/news-and-events/investor-press-releases/2020/23-11-2020

[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