Wincanton Share Discussion Threads

[volvo] 23/11/2020 15:53

Hope so, two way struggle today someone determind to keep the share down, virtually all buys on decent volume

[celeritas] 23/11/2020 15:28

They won't want the chart showing a breakout, lets see.

[volvo] 23/11/2020 15:23

Any bets it finishes at 240p today....seems like professional buyers today though.

[rivaldo] 23/11/2020 15:22

Geting there slowly....bid price now up to 241p.

[lendmeafiver] 23/11/2020 14:49

Oh I agree, but it’s about market sentiment in relation to the smooth movement of goods from EU countries that ultimately end up in the UK supply chain that WIN does operate in.

[mikedon1946] 23/11/2020 14:23

if it ties up others trucks it will not be Wincatons at ports sold all European businesses over last ten years

[lendmeafiver] 23/11/2020 14:19

Ie Brexit uncertainty will be cleared up ie threat of car parks full of lorries in ports etc

[careful now] 23/11/2020 12:54

Averaged up today. Liking that chunky buy - shows someone is confident.

[mikedon1946] 23/11/2020 12:48

lendme:

as they are UK based why do you think they will fly?

[celeritas] 23/11/2020 12:00

98,947 buy at 240p £237,472 worth.

[celeritas] 23/11/2020 11:52

Certainly plenty of jobs up for grabs.

[lendmeafiver] 23/11/2020 11:43

This will fly when the brexit deal is concluded

[s34icknote] 23/11/2020 11:32

Overdue a rise net !!!It's one of my laggards !

[netcurtains] 23/11/2020 10:10

It appears to be all solid buys this morning...

[celeritas] 23/11/2020 09:56

From 240p I believe they'll get away with lower than 400p, would be a complete steal if they did.

[volvo] 23/11/2020 09:43

This is what happens if the markets pigeon hole a company as a 'also ran' and dont give it a real valuation....someone like Cinven step in then the stale old shareholders say yes please and walk away with 400p a share....and in a few short years Wincanton is a run away sucess and relisted on the stockmarket at £1 billion plus

[volvo] 23/11/2020 09:39

Interest little overview of Cinven....

[celeritas] 23/11/2020 09:38

e-fulfilment is a relatively new word, it's only going to take off massively over the coming years. Win is in the perfect place so I hope it can avoid being taken out yet.

[volvo] 23/11/2020 09:30

Trades today 47k buy 899 sell...not a peep

[volvo] 23/11/2020 09:27

3rd October 2020

Clipper sails to £500m target price
Rumours abound that one of the bidders eyeing Clipper Logistics is weighing a £5.50-a-share offer, valuing the online fulfilment business at more than £500million.

Last week, it was reported that private equity firms Cinven and CVC Capital Partners had been evaluating Clipper Logistics with a view to making an offer for the Leeds-based company which started in 1992 with just three people and a driver. Now it has 8,000 employees at 43 distribution centres with a fleet of more than 470 vehicles.

The interest comes after the chairman and founder, Steve Parkin, teamed up with Sun Capital to take the company private earlier this year.

Talks with Sun Capital broke down and the buy-out shop backed out of a deal.

[celeritas] 23/11/2020 09:27

I agree, Wincanton is a much better target. All the attention on Clipper then pounce on Win.

[volvo] 23/11/2020 09:23

Celeritas, yes if you've been around the markets long enough, you notice these things.

It was only when the press said the US hedge funds fancied a piece of Clipper Logistics, then the read across to Wincanton is natural, half price to Clipper, double the turnover and profits, massive potential to move further into e-fulfilment and returns etc.

[mikedon1946] 23/11/2020 09:23

Money coming out of ns&i this week

[volvo] 23/11/2020 09:18

mike, get in quick, really feel somthing is going to happen here.

There was large buying/selling at 240p last week. No more stock available to buy in volume.

Last week WIN had a record amount of new full time jobs to fill, its V busy. Good time for busy employers, plenty of new staff available.

[celeritas] 23/11/2020 09:14

I agree Volvo, there's no reason to keep it held here other than takeover fixing. I've seen this happen with so many stocks, the price is simply held until you see an rns. 240 is a bit low for talks mind, over 300p then start would be better.