Total Produce Share Discussion Threads

[lmulhare] 04/6/2022 23:13

I bought DOLE under $10, but I expect it & the stock market indices to make new lows. Analyst targets are in the range $14-$22, with a $17.40 average.
www.marketbeat.com/stocks/NYSE/DOLE/price-target/

[badger8888] 04/6/2022 13:27

Dole share price closed at 10, 9.99 in after hours trading. Very tempted to top up at these levels. Will decide when markets open on Monday. PS, Anyone still invested? I can understand if everyone has made it to the exit, our journey with Dole has been very disappointing.

[badger8888] 24/5/2022 14:17

SP down 12% just now. Do the answer to my earlier question is "not great" A good price to top up at?

[badger8888] 24/5/2022 11:23

Q1 results, had a quick read, are the good or bad, not exactly clear to me?

[lmulhare] 28/4/2022 15:32

The book value per share for the Most Recent Quarter is $11.39.


On 17/2/21, Total Produce PLC stock(T7O) gapped up from €1.468 when the merger with Dole was announced. T7O shares converted to DOLE shares on a 7-to-1 basis.
€1.468 * 7 = €10.276 = ~$10.79
If the unfilled gap down to this price is filled, I intend to buy.
hxxps://www.marketscreener.com/quote/stock/TOTAL-PRODUCE-PLC-1412414/charts/

The pump & dump from $17.65 on 30/9/21 & the short-selling to $12.16 on 3/12/21 coincided with big open interest at the $17.50 & $12.50 options strikes. I am watching for similar activity at the $10 strike.

I expect the company will eventually show a big earnings beat through cost reduction & price increases. If the share price drops below my entry, I'll lower my average cost by buying more & selling some on rallies above my breakeven.

1st Quarter earnings will be released on Tuesday 24 May, before the market opens.
hxxps://www.doleplc.com/news/dole-plc-schedules-first-quarter-2022-earnings-release

[badger8888] 28/4/2022 12:02

US 11.93 pre market. The NY listing hasn't worked out. I wonder if a Private Equity fund will try to take it private. Money is still cheapish. Thoughts?

[badger8888] 22/4/2022 11:01

Dividend cheque received this morning.

[badger8888] 22/3/2022 09:24

"Free Advice from Davy"Following on from the results and conference call, Davy issued a Research Note on the 15th March. "Outlook weighed by externalities" We have moved to mid-point of guidances, which will imply a c.9% cut to our forecasts.So not much positive news.GLTAThey haven't changed from "Outperform " 24/08/21

[badger8888] 16/3/2022 20:44

The figures look to have gone down reasonable well, the week low was 12.82, high today 14.28, closed 14.20.Still a long way south of the expectations some of us had last year.Onwards and upwards!GLTA

[lmulhare] 15/3/2022 16:29

$17.6 million was flushed down a toilet because some people are too lazy to wash lettuce & want it ready-to-eat in a plastic box produced from dwindling crude oil resources. I'm distinctly unimpressed by the contribution of "Value Added Salads" to the bottom line.

I hope environmentally sustainable practices will be used to offset rising fuel, fertiliser & spray costs.

[18bt] 02/3/2022 07:34

Tues 15/3 for final results

[badger8888] 26/2/2022 20:09

I was thinking of buying if it reaches $12.50.

[lmulhare] 24/2/2022 23:12

The game in US markets is:
1. Pump a stock, sell to retail investors as you short it down to book value.
2. When selling lose momentum, cover your shorts & accumulate by buying from weak hands who sell at a loss.
3. Let the stock rise as you buy from weak hands who sell at break-even.
4. Buy the stock until it becomes very overbought as retail starts buying again & return to step 1.

On 2/12/21 DOLE earnings per-share of 4c was 20c below expected earnings. The stock bottomed the next day at $12.155 & has closed every week since above $13. If it dips below $13 again, I'll consider buying. Due to expected interest rate rises, the market is selling growth stocks & buying low P/E value stocks now.

[badger8888] 24/2/2022 19:26

Hi, gone very quite here. US14.33 just now, down 3.57% so far today. I have owned TOT (via Fyffes) for well over 20 years. Can't understand why our share price is so low. People have to eat!

[lmulhare] 09/2/2022 12:21

Many websites give dates that are just estimates. The announcement of the date for financial results currently isn't on the company's website:
hxxps://www.doleplc.com/investors/press-releases

[18bt] 09/2/2022 07:32

Results out next week, Tuesday?

[lmulhare] 02/2/2022 15:06

There's a lot of open interest on $20 call options expiring on 20 May 2022. The previous big option interest at the $17.50 level led to profit-taking & short-selling on 30 Sep 2021. Institutions think DOLE shares are trading sardines, not eating bananas.
hxxps://novelinvestor.com/happy-hour-trading-sardines/#:~:text=These%20are%20not%20eating%20sardines,you%20can%20get%20rich%20quickly%3F

[badger8888] 01/2/2022 20:12

We're really motering today, 1 month high of 14.54, 14.41 just now.

[badger8888] 31/12/2021 16:45

Hi holders of Dole. 1st the good news, the dividend is payable in less than 2 weeks. 2021, a year that promised so much and delivered so little for TP shareholders. So what can we expect from '22, hopefully not more of the same. Management & the Board need to get their act together and deliver, they are being well paid. Take care and keep safe. Regards Badger8888

[badger8888] 07/12/2021 11:52

Ex Div 16th Dec. 8 cent (US?)

[badger8888] 06/12/2021 17:20

Comment from Davy (free advice ....)Strong year-to-date performance despite externalities. That is the full review on this morning's equity briefing.

[badger8888] 03/12/2021 14:35

Just well the figures were good, currently US 12.50, down 5.02%

[18bt] 03/12/2021 12:51

To me they look pretty good and I'm surprised the share price hasn't strengthened more. The adj EBITDA targte of $390-400m is above the consensus I am looking at (on Sharepad) of $372m and would lead to an adj EPS of c145-150c, which makes for an attractive PER if you believe that growth of 5-7% pa is possible. It might be that the growth can accelerate as the mkt is only assuming revenue growth of c3% and their year end range implies something a little faster.