Treatt Share Discussion Threads

[partridge1948] 20/10/2023 09:51

All been there many years and taken the business through major transition to new factory, now fully up and running. I was dismayed on first reading, but new FD has made a good start and may even step up from the interim role when Reeve retires. With state of the art production facility,debt falling fast and cautiously optimistic recent trading update, it looks imo a bit of a sitting duck for possible takeover.

[cfro] 20/10/2023 08:03

I do feel shareholders have been left in limbo. There should have been proper succession planning in place if retirement was his plan.

Alternatively with the Chairman, CFO and CEO all deciding to retire why didnt they put the whole company up for sale?

[cfro] 20/10/2023 06:30

Great, thankyou very much Mr Reeve..

I wonder if some already knew given the share price weakness?

That is all the top team gone or going. The Chairman Tim Jones left last year, The CFO Richard went a while ago now the CEO.

[1c3479z] 10/10/2023 10:10

volumes down, due to destocking, pricing up shows some good pricing power though wary of cyclicality in raw citrus prices.

[eeza] 10/10/2023 10:03

And a lot less interest to pay on the reducing debt.

[partridge1948] 10/10/2023 09:49

Year end update did not contain any nasties, which had seemed likely after recent share price falls. Cash generation excellent and they could well be cash neutral by the end of the calendar year, a great performance imo, given the huge investments made in last few years. Been a difficult few months, but mine still tucked away for the long term.

[cfro] 10/10/2023 08:18

Looks like the whisperers and the market was wrong..

With net debt down so much just shows the strong cashflow they have. The new FD totally on top of cost control and currency hedging.

Good to hear that China and Coffee was up 60%.

[edwardt] 10/10/2023 08:01

no they did not. i have to say the new fd has done very well in a difficult environment. lets hope the restocking kicks in now. they have to replenish soonish...

[viscount1] 10/10/2023 07:52

Net debt down to only GBP 10.5m, less than half last year. Surprising - did they sell something?

[niklol] 10/10/2023 07:32

Should have bought more yesterday!

[edwardt] 10/10/2023 06:32

reads well to me! go treatt!

[daisylove] 09/10/2023 15:29

Where would these whispers come from?

[viscount1] 09/10/2023 10:44

Maybe whispers about poor results coming.

[truffle] 09/10/2023 09:48

For whatever reason, the share price performance has been hugely disappointing in recent weeks.

[marcela9] 15/9/2023 13:39

or a large seller trying to get out….large trades yday

[essentialinvestor] 15/9/2023 13:09

Post ZIRP multiple unwind, unless there is bad news on the way.

Near £5 TET is still highly rated, the previous rating was an extraordinary bubble
but partly predicated on expected rapid growth.

[cfro] 15/9/2023 08:07

With the price moving down it's just the multiple that's letting off some steam and that's no bad thing given it's previous quite high rating. It's much more sensibly valued now.

[marcela9] 14/9/2023 22:45

Time for some topping up - if you believe the management and their comments at the interims then this has has come south too far, imho. In my case I do.

[daisylove] 12/8/2023 15:36

Yes. Think of buying a dip and it goes up. Think of selling at a profit and it goes down.

[loofyloofy] 11/8/2023 12:01

up and down like a hoor’s drawers!

[edwardt] 11/8/2023 11:23

citrus problems in the US helping here?

[edwardt] 21/7/2023 07:35

Barclays initiates with 7.50 target

[volsung] 27/6/2023 07:03

Another story stock
Nice idea but no money to be made

[cfro] 11/5/2023 13:07

Thanks Tomps2..