Wincanton Share Discussion Threads

[volvo] 31/7/2020 09:36

From todays new appointment


Dr Martin Read CBE, Chairman of Wincanton, said:...... His strategic and operational experience will further strengthen our Board as Wincanton moves into a NEW growth phase."

Tony Bickerstaff commented: "'I am looking forward to joining Wincanton. The company has a highly respected market position and I am excited to be arriving at a time when the company is SO WELL positioned for growth."

[s34icknote] 30/7/2020 15:44

179p ! Top up !Bargain !Sicknote

[s34icknote] 30/7/2020 14:55

I know !!So topped up now nets back !!!Sicknote

[petewy] 30/7/2020 12:17

Unkind sick

[s34icknote] 30/7/2020 11:06

Net bought in again that's why we're heading down again !!!!LolSicknote

[volvo] 29/7/2020 19:30

Wincanton is cheap on every rational.....having said that we have had a constant seller.

Who bailing and needing funds?

[netcurtains] 29/7/2020 19:22

offtopic: s34icknote - I'm in so many VALUE plays I've lost count but WGB is about the biggest one I'm in. They will need to up their game in online sales.. I'm hoping they can achieve it..

WIN just seems like a company that really wants to do well for their shareholders - giving trading updates, winning new contracts, directors buying - its doing everything right and I feel it deserves some credit so I bought some.

[petewy] 29/7/2020 18:43

so the price doesn't go up.

[mikedon1946] 29/7/2020 16:07

The directors will not talk dividend when they are buying shares this cheap

[petewy] 29/7/2020 15:47

Agreed sick but later once then talk about a dividend

[s34icknote] 29/7/2020 14:58

Welcome back net .Was looking at wgb earlier !This is stuck at 180 range !Will break soon or later but either way will go eventually RegardsSicknote

[netcurtains] 29/7/2020 10:14

I'm back in.
It does seem to be doing better than the market suggests.
PE ratio really good.
Seems to me 210-260 seems a fair trading range.

[volvo] 28/7/2020 08:31

Yes Liberium only changed their 375p target in mid May 2020 to 320p, due to the obvious shut down and knock on effects.

Imo that 375p target is more realistic as this recovery will show the WIN are ideally placed.

While most sectors are looking at lay offs, WIN are on a recruitment drive to handle this new era.

[rivaldo] 28/7/2020 08:15

Agreed Volvo.

Liberum have today reiterated their Buy and 320p target:

[volvo] 28/7/2020 07:33

Nice news...the pandemic has thrust Wincanton into a further leading role as every retailer now knowing the game is well and truly up for shop fronts...logistics like never before, is the new the buzz word.

[rivaldo] 28/7/2020 07:12

This news should help nicely.....:o))



"Wincanton announces new eFulfilment facility and five-year contract extension with Loaf

Wincanton plc, the largest British third-party logistics company, today announces the creation of a new dedicated eCommerce facility in Nuneaton, Warwickshire. The site will service its high growth eFulfilment business, to begin operations later this month.

The first beneficiaries of this new site will be existing Wincanton customers, home furnishings brand Loaf, and health and beauty company Neal's Yard Remedies. Wincanton will operate the facility under its W2 digital banner, with plans for further investment in cloud-fulfilment systems and robotics. This will accelerate online growth in the home, and health and beauty sectors.

As part of the transition, Wincanton has secured a new warehouse contract with Loaf for a further five years. Wincanton manages the end-to-end supply chain for Loaf including warehousing services, order fulfilment, carrier management and two-person home delivery.

James Wroath, CEO of Wincanton, commented:

"This new site, along with the new contract with Loaf, is a clear demonstration of Wincanton's capability and commitment to supporting our customers' growth and digital plans. A relentless focus on superior customer service and innovating through technology is key to continuing both our and their success in eCommerce."

Charlie Marshall, founder and CEO of Loaf, said:

"Wincanton has been a long-standing partner of Loaf. We are excited to continue this partnership in the new Nuneaton facility, which is well set up to support our ambitious growth plans."

[volvo] 27/7/2020 17:50

rivaldo...as you say the stock is undervalued, and the the directors and PDMR's within Wincanton will just keep buying...its stone cold cheap....pe 4-5....believe me the company is rocking, ok back to normal levels, but at £50m profit, we need a rerate.

[rivaldo] 27/7/2020 14:46

Nice director buying just reported - the Chairman has bought another £40,000 of shares at 185p:

[volvo] 24/7/2020 18:11

Yes as I said the personnel here (£19k today) see this as a simple buying op.

Under priced, and busy....check out the Wincanton website for jobs...big recruitment drive.

They think £40m EBITDA, pe 4-5 could double and dividend.

Deliveries are the new essential, watch and see.

[petewy] 24/7/2020 14:40

Stewart Oades, Senior Independent Director, purchased 10,657 Ordinary Shares in the Company at a price of £1.86

[s34icknote] 24/7/2020 13:04

Seller still here hence price so lowSicknote