Total Produce Share Discussion Threads

[denisoleary] 27/7/2021 12:44

Surprised to see it drop so much today

[badger8888] 27/7/2021 08:18

Also, I think the share price is being held back pending the placing.

[badger8888] 27/7/2021 07:48

Based on Valueve's calculation we have a long way to go. I won't be buying any more as I my happy with my current holding.GLTA

[denisoleary] 26/7/2021 19:09

BADGER 888 This will surely do 10% plus on flotation and it will probably float around mid indicated price i.e. $21.50 + 10% gives a price of $23.65 which in today terms values each Total Produce share at €2.86. Premiums in U.S. cab be higher but I think this is a reasonable estimation so shares are probably still a buy at current 2.53 level. Any thoughts.

[badger8888] 22/7/2021 13:30

QP, happy to continue here and of course any new posters are most welcome. I believe most of us are here for the long run (unless it hits a crazy price in a few years) It's a great board unlike 1 I could mention on a different site.I expect a further announcement in 2 weeks. Hopefully we will see the shares sold at the top end of $23.GLTA

[badger8888] 22/7/2021 12:51

QP, Tks for that!

[badger8888] 22/7/2021 10:27

QP, I have a very small holding in a US listed, HMY. I can see the price etc however it isn't possible to type in the "board", take a look and let me know what you think.

[18bt] 22/7/2021 09:23

Haapy to stay on this TOT board until something better emerges!

[badger8888] 20/7/2021 14:29

Further progress, Dublin High Court approves scheme of arrangement. www.totaldole.com

[badger8888] 19/7/2021 11:12

Progress, see www totaldole.com

[badger8888] 14/7/2021 17:29

According to Euronext Dublin 5.06M shares traded today.

[badger8888] 12/7/2021 18:07

Thanks for ur updated thoughts.Based on ur figures the current price in Dublin should be just short of E7. That would do nicely.We should see a further update on the listing shortly. Of course if markets tank and they can't raise a minimum of $500M....

[valueye] 12/7/2021 14:28

One of the key takeways for me from the F-1 Registration Statement for the Dole IPO was was the very strong Q1 earnings growth for both TP and Dole.

TP’s Q1 FY21 EBITDA was up +66% YoY, while Dole’s Q1 EBITDA was up +28% YoY. This means the floor value for the IPO is effectively lower than previously outlined – following the Q1 performance, PF LTM EBITDA for the combined business has increased by ~9% to $442m (including mid-point synergies estimate), implying an IPO floor value of just 6.7x vs. the current average multiple of 18.6x for US-listed peers.

A sub-7x multiple for the global market leader in an essential consumer staple category just seems too cheap in my view.

[badger8888] 09/7/2021 19:05

Interesting, we are about 11% off high after a great run up. OK, markets have been off very recently. Can't see much change till we list in NYSE. I expect a further slight pop then. After that we will need a few good 1/4 quarters. GLTA

[badger8888] 02/7/2021 12:40

Current issue of The Phoenix out today has a very positive view of TotalDole. Even better times coming our way!

[badger8888] 02/7/2021 11:08

Positive 1st Q update this morning ahead of the US listing

[badger8888] 29/6/2021 10:08

Very light volume, I think anyone who wanted to buy pre US listing is in. Let's see where we are in a couple of months.GLTO

[valueye] 22/6/2021 19:53

@QuePassa & badger888 - agree with you both.

I think a massive re-rating should logically follow with a NYSE listing and its scale/profile (remember Dole brand is viewed as iconic in the US).

I think it could double from here, which would equate to instrinsic value in my view, based on my analysis.