Wincanton Share Discussion Threads

[rivaldo] 16/3/2021 08:31

Screwfix store expansion all over the news today - note the credit is due to e-commerce. Good news for WIN:



"Screwfix store expansion creates hundreds of jobs

Screwfix plans to open 50 more shops in the UK and Ireland, creating 600 jobs because of the surge in demand for home improvements during lockdowns.

The trade retailer, part of the FTSE 100-listed Kingfisher group, said that roles would be available in retail management, service assistants and supervisors as of January next year.

Forty of the new branches with 500 jobs up for grabs will open their doors in locations across the UK and a further ten with 100 new employees in the Republic of Ireland. The move marks a milestone in Screwfix’s efforts to bolster its store estate in the British Isles from 723, which employ 11,643 people, to 900 in the long term....

.....It credits a focus on e-commerce, using its stores as centres for click and collect deliveries, for its “rapid growth”. The launch of its new app was also a factor...."

[s34icknote] 15/3/2021 16:49

Big boys buying !!!!

[rivaldo] 15/3/2021 14:19

RNS - Aberforth Partners have been buying and increased their stake to 12%, holding 14.95m shares:

[horndean eagle] 15/3/2021 12:37

Definitely looks like broker community now getting a little bit more with it. Seem to have been very lazy in picking up the transition to a growing business. Hopefully some further upgrades on the cards.

[volvo] 15/3/2021 11:22

Thanks HE, Peel Hunt wrote a very positive note, but with a conservative rating of 375p, this assumed current trading and a pe of 12. No extra goodies.

After that Numis were briefed and took a more positive spin of 480p, although wiggle room to go higher.

And today N+1 Singer, again I'm assuming briefed, come back with 515p which is great.

To push these figures even further we need the trading statement which is here shortly.

New contracts and every part of Wincanton is booming should do

[rivaldo] 15/3/2021 11:17

Excellent news, cheers Horndean Eagle.

There's a nice gap up to 515p.....

[qs99] 15/3/2021 11:04

wow, that is a decent upgrade

[horndean eagle] 15/3/2021 10:42

(Bloomberg) -- N+1 Singer Ltd initiated coverage of Wincanton Plc with a recommendation of buy.
PT set to 515 pence, implies a 45% increase from last price. Wincanton average PT is 424 pence.
Targets updated in the last 3 months range from 340 pence to 515 pence

[qs99] 15/3/2021 09:30

Nice start to the week, let's hope it can push on through to £4....DYOR

[volvo] 15/3/2021 08:06

Couple of weeks max until the pre close trading update.....what price will we settle at after that if the positive momentum is continuing (which it is btw) and a super positive outlook picture is painted?

[s34icknote] 12/3/2021 16:14

Profit takers clear , ready for next leg up to trading update .

[volvo] 12/3/2021 14:32

Same with M and S, Sainsburys, Morrisons, Heinz, Nestle, Argos, Wilkco Wickes etc all enjoying buoyant trading and Wincanton again warehouse and deliver

[matt] 12/3/2021 10:21

I maybe missed this snippet about the growth from 6% to 20% of total sales now online at Waitrose



Laura Burbedge, Waitrose.com Director, said: “Waitrose.com now accounts for a fifth of our total business, compared to six percent a year ago. But despite this huge growth we know there are still more people who would like to shop online with us - so this new centre is a significant step in our future plans.”

[volvo] 11/3/2021 16:40

Matt we are in the doldrums right now.

We know the company is trading strongly, grocery at all time high, e-fulfillment growing at 40pc per year, diy booming, public sector spending on the up, Wincanton are flying and employing at a record rate.

New shareholders have moved in and the daily trades have taken a more 'controlling' pattern.

Bought some more today at the lows, and just waiting for the pre close statement end of March.....upgrades for 2022 will follow Numis's 480p higher....with the chance of someone making a move with an offer.

Patience required imo.

[matt] 11/3/2021 15:04

A quiet day ...

[horndean eagle] 09/3/2021 17:47

Very bullish update from DFS today. Read across for WIN has got to be good given they are UK largest 2 man delivery operator. Nice to see consolidation on pretty good volume.

[volvo] 09/3/2021 16:44

Your right edmund our time is coming, price being held again while places are taken, decent volume

[edmundshaw] 09/3/2021 16:18

You sound bitter Volvo! :))

No worries,we shall get our timein the sun!

[volvo] 09/3/2021 12:49

Sort of news the likes of Clipper get 5-10pc to boost to the share price

[volvo] 09/3/2021 12:43

Thanks here it is



Carl Meewezen, Managing Director for Public and Industrial Sectors at Wincanton said:

"This renewed and expanded contract with Alstom is testament to the breadth of operations and quality of service which we provide to our valued customers. Following Alstom’s acquisition of Bombardier Transportation in February, the company is going from strength to strength. We look forward to supporting their continued growth."

Geoff Elton, Supply Chain Director, Alstom UK & Ireland said:

"Alstom and Wincanton have developed a strong working relationship over the last three years, and we are delighted to continue this relationship with this new contract award."

[dplewis1] 09/3/2021 11:20

Alstom renews and expands contract with Wincanton

[volvo] 09/3/2021 08:27

Matt outsourcing is the name of the game right now.

Wincanton supply the refrigerated warehouse, staff it, pick groceries then deliver them, in this case in liveried Waitrose vans owned by Wincanton.

Savings all round for Waitrose, property, staff, vehicles.

Wincanton will handle the whole of London for Waitrose soon.....and all the other players want to try out the dark stores play, not just grocery either.

Right place right time, massive market available and Wincanton will be the market leader

[matt] 08/3/2021 20:10

The proof they can deliver a dark store and news of other customers wanting them would give this another boost.

[volvo] 08/3/2021 16:38

This went on for weeks last time, then 20pc higher 2-3 weeks to go, bought more today on CFD, one way street