Unilever Share Discussion Threads

[spoole5] 28/4/2022 08:13

Time for the activist to get active

[roguetraderuk] 28/4/2022 07:44

key takeaways are sales f/c top end of 4.5-6.5% guidance while margins towards bottom end of 16-17%. going on past history and in that context the results arent as bad as could have been. but clearly they worry about some switch to own brand. they see margin recovery in 23/24, which is good news but can they execute?

[spoole5] 27/4/2022 16:15

Won't be any different until inept management is removed

[roguetraderuk] 27/4/2022 07:56

shield, staples and utilities have already been moving higher, this one hasnt.

[shieldbug] 27/4/2022 07:53

Or perhaps we are moving into a bear market where consumer staples are seen as defensive and thus desirable.

[roguetraderuk] 25/4/2022 19:54

the way a big share trade the days into a report often has a lot to say re whether the report is going to be good or bad. insiders always know. i wouldnt say unilever has been particularly breaking higher, but relative to the mkt its been doing well and especially vs relative to past performance.

[elcortez22] 25/4/2022 19:11

First quarter Trading Statement is on thursday, maybe good news is expected?

[badg] 25/4/2022 08:55

What's going on this morning with this rise on a 2% drop of the ftse?

[giltedge1] 21/4/2022 15:55

Granted Nestle has performed well, but reflected in price. You are right but going forward this is good entry point, where as Nestle fully valued. Local UK managers have no sway in ULVR best performing subsidaries India, USA & China. Basically they are rubber stampers, old boys club. Hindustan India up 125% in 5 years ULVR majority shareholder not reflected in market cap.

[porsche1945] 21/4/2022 12:56

Nestle up 70 pc over last five years and coping well with cost push pressures. If you want to be in consumer staples that pay a dividend its a better bet than this dogshxt. Even taking into ac UK’s post brexit ftse discount of 30 pc for U.K. listed shares its still badly underperformed. Poor management, tired brands. Another lindsell Train winner to go along with HL and Pearson ( both have more than halved ).

[giltedge1] 21/4/2022 08:56

Market finding favour with consumer staples today, rotating away from mining stocks. Solid cashflows are a valuable commodity & worth a premium. Noticed ULVR prices in supermarket are now rising, of course a lag Q1 should be down due to margin compression Q2 & onwards improving, share price should improve steadily from here.

[unastubbs] 21/4/2022 08:55

P&G results offering support to the sector right now

[tuftymatt] 19/4/2022 17:45

I agree, these dips present an opportunity to top up / average down if you believe the company has good prospects going forward.

[m_kerr] 19/4/2022 16:53

the time to buy these sorts of companies tends to be when there's a bit of uncertainty in the air. if you buy shares when everyone agrees the future is rosy, the market will generally charge a very high price for that perceived certainty, leaving you with little margin for error.

[kiwi2007] 19/4/2022 11:15

Shows the difference in increases between dividends in Euros and GBPounds.
In Euros I certainly believe it qualifies as a dividend aristocrat (which is important to many dividend ETFs and other funds).

Looking pretty good value to me atm but, like unastubbs above, I'll wait for the results.

[unastubbs] 19/4/2022 09:39

am inclined to copy you careful, UL wd go from no.2 to no.1 in my portfolio weighting. think i will wait for the results next week though as there is so much negativity out there think these are bound to be cheaper whatever the actual numbers from the company.

i've held these from upward of £42 last year and topped up recently, pretty disappointed over all (understatement!)

[careful] 19/4/2022 09:22

steady boring stocks such as ULVR well out of favour right now.
Flow of cash is out of defensives into other shares.

Warren Buffett reacts to this by buying up his own stock.
He does have Apple but can see little value elsewhere.

So today I bought some more ULVR and a decent price.
Yield over 4% is good for a share such as this.
I try to think of it as a 10 year Treasury stock with an indexed 4% yield.

If such a thing existed we would get killed in the rush to buy.

[unastubbs] 19/4/2022 07:55

Not sure we will get an increase this time, it has been held at EUR 42.68 since March last year (ie for 5 quarters) - possibly the buyback is in lieu of a dividend rise? unsure... perhaps we will learn more with the Q1 trading statement on 28 april

[m_kerr] 18/4/2022 21:53

like most companies, they want the dividend to increase year in year out as it keeps the income investors happy - this can cause problems if earnings aren't growing much, and is a poor use of capital if the shares themselves are better value or if that cash has other uses (e.g. debt reduction). in the UK investors generally prioritise income over growth / total shareholder return, one of the reasons why they underperform relative to similar companies in the US.

[kiwi2007] 15/4/2022 23:17

"The Company’s Dividend Distribution Policy shall ensure that it returns cash from
operations that is more than its immediate and foreseeable needs back to the
shareholders over the long-term. The Company believes in continuous shareholder
value enhancement and seeks to pay an attractive, sustainable and growing
dividend to the shareholders of the Company. "

[kiwi2007] 14/4/2022 23:45

Indeed but doesn't really answer the question of whether the dividends do increase each year (in Euros, which the accounts are reported in) and whether they have some sort of commitment to increasing the dividend each year.

I guess I could go back and look at the exchange rates on the relevant dates but thought someone here may actually know what their dividend policy is.

[ianood] 14/4/2022 22:42

kiwi2007 Unilever is now 100% uk domiciled


In November 2020, Unilever completed the relocation of its domicile to the UK) in order to unify its Anglo-Dutch structure and avoid Dutch dividend withholding exit tax (DWT).

[kiwi2007] 14/4/2022 22:13

Just a quickie: Does Unilever have a formulae for setting dividend payments? Is it based on earnings, cash flow or do they just try to increase it each year (in Euros) in some ad hoc manner?

Advfn show the dividends in GBP, I suspect that the divi does increase every year (in Euros which the accounts are presented in) but exchange rate fluctuations perhaps hides this?

[deans] 14/4/2022 11:25

Relx is a company that has bought back shares over recent years and the share price has performed strongly of course it is not possible to know if the share price would be even higher if they had not and paid even higher dividends and / or paid special dividends (which they do not.)