Treatt Share Discussion Threads

[essentialinvestor] 16/10/2024 12:30

If we retrace some of this recent gain will
add a few.

[essentialinvestor] 16/10/2024 12:30

Exactly James, well deserved and also hopefully keeps him motivated and staying with TET.

[james188] 16/10/2024 12:18

I was pleased to read about this new role for the CFO. I think that it is very well deserved. He has performed exceptionally since he joined Treatt.

[edwardt] 16/10/2024 11:06

like that rns - it is as if they read our posts on here!

[essentialinvestor] 11/10/2024 12:26

Lovely week.

[partridge1948] 11/10/2024 08:09

Not difficult to work out my age! Been shareholder since 2002. Think there was a family health issue which influenced DR to leave when he did, but RG stepped up and business now looks well placed.Guess no news on the Florida site is probably good news, fingers crossed.

[edwardt] 11/10/2024 07:22

So - nearly no debt, growing top and bottom line and on a fcf yield of 7% one year out - seems way too cheap to me

[edwardt] 10/10/2024 20:03

Coffee seems to be a dead end - not sure why that has not worked

[loofyloofy] 10/10/2024 17:45

From memory it was admitted to the LSE 1988/90 at 75 pence per share, since when then have have been a couple of consolidations…;..with the current latest update we will hopefully see a decent upturn to match its larger peers.

[essentialinvestor] 10/10/2024 17:28

Not quite that age!.

Treatt has been listed since at least the early 1990's, unless I'm misremembering.

It may have been a listed business before then, I would need to look at the corporate history to confirm.

[cfro] 10/10/2024 13:46

Don't tell me you are 79 now lol..

Agree re the comments on the FD. I think we are very lucky to have him. He is a FD and CEO wrapped up in one. But let's give David Shannon the benefit of the doubt, he's only been here for three months.
I made the comment on here back in May that the pair should make a formidable team and i think that will be the case..

[essentialinvestor] 10/10/2024 13:18

I'm surprised DR moved on, perhaps enjoying an early retirement.

He did an outstanding job at the business.

I've been following TET since I was 19, a very, very long time ago!.

[partridge1948] 10/10/2024 12:39

Signs from this update that the new CEO has started well and they could make a very powerful team.CFO has demonstrated first class grip on the cost base since joining a couple of years ago (particularly extracting operational benefits of new factory) and this trading update refers to further investment in sales teams,getting closer to customers and key to growth, where the CEO may have made a good contribution. CEO change may have just come a little early for CFO to get the job,but I feel sure would have been involved in final selection. I added 5000 earlier today at 460p but always dyor

[edwardt] 10/10/2024 12:23

i agree on the comments re the FD - for me would have been happy for him to get the top job.

[edwardt] 10/10/2024 11:12

still about a 40% discount to larger peers.

[justiceforthemany] 10/10/2024 11:12

Why was it selling off into the update?

[phillis] 10/10/2024 10:33

Now for a takeover

[essentialinvestor] 10/10/2024 09:56

That's a fantastic update.

CFO should arguably have got the top job.

Agree on the net debt comment made above.

[viscount1] 10/10/2024 09:55

I look forward to looking at the accounts because their cash generation seems really impressive.

[edwardt] 10/10/2024 09:23

what we need now is a meaningful upgrade in ROCE

[partridge1948] 10/10/2024 07:47

Given the spend of around £50M on new facility over last few years, great credit due to have almost eliminated debt. FD has in my view done great job since he came on board, including time as temp CEO.Hope they missed the worst of Milton in Florida.

[edwardt] 10/10/2024 07:17

Solid indeed

[phillis] 10/10/2024 06:36

Onwards and upwards

[cfro] 10/10/2024 06:35

Not a bad update at all. Pre-tax profit gonna be 9% ahead, revenue up by5% overall but up 16% in the second half. China sales up 27%. Debt down..

[essentialinvestor] 08/10/2024 11:15

The new CEO share purchase looks ominously small..?.

Perhaps reading too much in to this, let's see..