William Sinclair Share Discussion Threads

[caveat_emptor] 22/5/2015 14:39

Well certainly bringing in a due dilignce style accounting may reveal a different view of the company than previously expressed...

[srichardson8] 22/5/2015 14:30

trading expectations and realisation well...reminded me of our trip to the Grand Canyon last year

[caveat_emptor] 22/5/2015 13:27

Are you suggesting that much of the reporting for the last couple
of years failed to reveal the true state of the company?

[srichardson8] 22/5/2015 12:22

Very sad to say I sold out after a year or so. I should have done so at the time of that absurd CB. I had done lots of work on the company on paper but all came to nowt. My only +ve is that I am buying lots of JAB compost at Tesco, three big packs for £10. But do they make money on that?

[caveat_emptor] 22/5/2015 10:56

What is not clear to me are the claims made for their synthetic
peat product!

[caveat_emptor] 16/5/2015 09:16

No pain no gain!!!

[coolen] 09/5/2015 21:11

Equity value continues to drift into the arms of those institutions which hold the loan stock. The latter will do okay out of it.

[rachmanninov] 30/4/2015 13:23

£4m market valuation?
Due diligence in progress.
17m shares only.
Privatisation beckons?

[callumross] 30/4/2015 08:00

But surely none of this was a surprise, having been intimated on March 5th? There is nothing here to show a further deterioration and at least a hint that trading has picked up and the plan is progressing well. I was quite surprised to see such a drop.

[clocktower] 30/4/2015 07:48

Maybe they will not survive and that they are on the edge so to speak, sad picture with so much going for them if they had managed the process at Ellesmere well.

[eclair] 30/4/2015 06:53

Oh dear! The update is a delay to the update and they now announce 'a significant level of exceptional costs reflecting difficulties in building up our operations at Ellesmere Port.

God knows why I'm still holding these.

[callumross] 27/4/2015 13:21

"It is our intention to update shareholders on the transformation plan before the end of April. We anticipate that we will by then have a detailed plan to return William Sinclair to sustained profitability and that we will have begun to deliver against the plan".

Not long to wait now then to see if the new guy is starting to turn this round.

[castleford tiger] 09/3/2015 19:45

nocton

producing it looks ok but can they sell it?

[3800] 07/3/2015 20:19

Thanks for the update Noctron, I finally sold out in January for a substantial loss. I always thought the company had big potential but the last fund raising really sapped my confindence here. Best of luck to all holders left here.
3800

[nocton] 07/3/2015 09:20

I went to the AGM yesterday, followed by a tour of the new plant at Ellesmere Port. The new CEO has been on the job for a week before the announcement and has apparently worked the full 7 days at the plant. The plant does look impressive - it is well organised and laid out with plenty of room for further investment and expansion. The new CEO seems already to have made some progress in improving productivity and output. I came away reasonably confident that this year will show a real turnaround. It is quite possible, as often happens, that the news on the appointment of the new CEO - "Consequently the Board expects that the result for the year on an underlying basis will be materially worse than last year" - is overly pessimistic as it clears the decks, so to speak, for him to improve the results next year. The Lincoln (old) plant is currently performing very well.

[castleford tiger] 05/3/2015 09:37

Maybe too late and a pre pack.
Debt may well kill this off.

Further write downs etc to come.

not a pretty picture but at least the BOD can see it was needed.

tiger

[boystown] 05/3/2015 08:23

Well I'm in at 38p this morning. The new CEO will rationalise and, in doing so, will quickly realise the Lincoln site is now worth roughly 1.5 times the mkt cap.

[eclair] 05/3/2015 08:17

Hmmm. Bought some at 45p thinking we'd reached the bottom. Clearly not. Is it that hard to make compost?

[pugugly] 05/3/2015 08:07

Jury returned> Guilty as charged.

William Sinclair announces the departure of its Chief Executive, appointment of a new Interim Chief Executive, the launch of a transformation programme, and a poor start to the season.

Penalty. More years in the dog house - May well expire there (imo)

[nocton] 26/1/2015 18:13

You should be able to set a limit order to buy what you want. There were two £11K trades today as well as several other smaller buys.

[callumross] 26/1/2015 16:23

How do you acquire stock in this company. I've tried all day and can't even get 2k never mind the 10k I was looking for first thing!

[srichardson8] 22/1/2015 18:49

Agreed. The jury is out.

[clocktower] 20/1/2015 17:29

Looking at all current information available, it seems to me that the true picture will not become clear until 2016. On the fact of it the headlines look positive but there are still many serious issues that face the board. Can they deliver?

[nocton] 20/1/2015 08:54

The preliminary results look positive:
Rupert King has made a clean breast of past failings and all looks set for a sharp improvement in sales and earnings. And a good rise in the SP?