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WYN Wynnstay Group Plc

305.00
0.00 (0.00%)
18 Dec 2024 - Closed
Delayed by 15 minutes
Wynnstay Investors - WYN

Wynnstay Investors - WYN

Share Name Share Symbol Market Stock Type
Wynnstay Group Plc WYN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 305.00 07:38:24
Open Price Low Price High Price Close Price Previous Close
305.00
more quote information »
Industry Sector
FOOD PRODUCERS

Top Investor Posts

Top Posts
Posted at 02/10/2024 09:38 by grabster
Experience-wise, Alk Brand seems well qualified for the ceo role. I imagine there will be some serious reorganizational proposals on the table at the next egm that weren't on this last agm. Waiting for markets and weather to improve is surely not an option.
Posted at 29/9/2023 19:15 by wad collector
On Wynnstay's own Financial Calendar: hxxps://www.wynnstayplc.co.uk/investor-relations/financial-calendar-and-events/

Announcement of Half Year Results
29 September 2023


Ah no I see the error now , confusingly they have not separated the lines, the next one is ;

29 September 2023
Provisional Interim Dividend Record Date

So my misreading, it went Xd yesterday. 5.5p
Posted at 04/4/2023 12:06 by jeffian
I'm not sure it is a "classic PI error" unless you are a trader. I, having learned from My Old Mum after a youth of trading myself to a standstill, am a buy-and-hold-forever investor and it has stood me (and her before me) in very good stead. I accept that it requires a certain mindset that is able to ignore short-term fluctuations but on the very few occasions I have panicked or been stopped out by a fall, I have almost always come to regret it in the long run. I used to keep a 'dummy portfolio' into which I put one imaginary share of each stock I sold at the price I sold at. I don't do it now - too depressing - it was always my best portfolio!

I have been in WYN twice. I sold the first time as I wasn't keen on their foray into the retail area. I reinvested fairly recently and am certainly down at the moment but happy that over the longer term I expect it to provide stable and growing earnings and dividends, which is all I look for at my time of life. As long as it goes on doing that, the share price will follow in due course.
Posted at 01/2/2023 19:59 by topvest
Great results this morning. Boring the company may be, even if it had an 86% EPS increase, but its such a solid performer with 19 years of dividend growth (10% increase this year). Odd how dependable companies like this, with net cash, get overlooked by many investors for story stocks! FY23 clearly won't be as good but the underlying trend in the business is upwards. There is a presentation from management on Friday at mid-day.
Posted at 19/8/2022 14:44 by 1tx
Yes it is better to pick up smaller private businesses that may wish to sell out that extend Wynnstays customer base rather than taking on a company like Carrs Billington which is its major competitor.Incidently one problem Wynnstay may have in trying to raise additional funds from its existing shareholder base is that it has an unusually large amount of its shares held by private investors basically its farmer customers.It was originally Wynnstay & Clwyd Farmers;a farmer owned coop founded over 100 years ago, later a farmer owned company before it listed on AIM to widen its shareholder base although from memory it raised very little cash on listing.I have been a shareholder for about 18 years.
Posted at 19/8/2022 09:23 by jeffian
I must say I hate Primary Bid as a method of fundraising from PI's. Paying on your debit card maybe OK for very modest investors but not if you want/need to invest more significant sums.
Posted at 19/8/2022 06:53 by jimmywilson612
Message back from the CEO to my email

Thank you for your email, and I am genuinely very sorry to hear about your dissatisfaction and recognise your frustration.


The decision as to how to raise new funds for the Company is always considered carefully and taken in consultation with our advisers, and with the best interests of all our shareholders in mind. Unfortunately for smaller quoted companies like us, raising moderate sums of this quantum, we have to be conscious of the cost-effectiveness and timescales of the process.

In this case, we used existing authorities granted by shareholders in March to proceed with the equity raise, and believe that the proceeds, once deployed should greatly enhance the business’s ongoing growth prospects, and benefit returns to all our shareholders.


I can assure you that the Board values the support of all shareholders, whether or not they are institutional fund managers or private investors, and that we continue to work hard to deliver the best results we can for our members.

I do hope you can continue to support us, and despite your frustrations, I do hope you can understand our dilemmas with these matters.

Fair play
Posted at 16/3/2022 17:11 by km18
...from last month...

Company overview:

Wynnstay Group Plc encompasses departments focused on supplying agricultural products and services. As a result, the firm is segmented into two business streams: agriculture and merchanting. The agriculture segment is engaged in manufacturing and supply of animal feeds, fertilizer, seeds. The Feed division is offering a range of animal nutrition products to the agricultural market. These highly enriching and stimulating initiatives were positively reflected on the firm’s financial prospects, where gross profit margin hiked by 37% in 2021 from £8.37m to £11.44m in 2021. Despite the profit rally, the firm’s stock price is undervalued, as illustrated by its low P/E ratio of 14.9x, which is relatively below the consumer staples P/E ratio of 27.31x, hence it is cheaply available for investors to buy the stock. Subsequently, net cash soared 10%, from £8.42m to £9.24m in 2021, signifying that the firm is well positioned to achieve growth objectives this year, given the robust financial position.  This evidence is supported by the firm’s P/FCF ratio of 10.7x, which in turn signifies that Wynnstay is able to finance its operating and investing activities efficiently and more effectively than its peers, hence enabling the firm to continue deriving revenue and profits ahead of expectations as the firm manages to consolidate into the fragmented agricultural industry.

Brief Analysis:

P/E = 14.3, below sector benchmark.
P/FCF = 10.7, above industry threshold.
Net cash of £9.24m, higher than last year.
Operating profit of £11.44m, above prior year....


....from WealthOracleAM
Posted at 18/2/2022 09:58 by value hound
Update from Simon T's 2021 Bargain Shares review FWIW:

"Specialist agricultural products supplier Wynnstay (WYN) produced a record first-half trading performance last year and one underpinned by three key factors: a strong recovery in farmer confidence, driven by higher farmgate prices; clarity provided by the EU settlement and the landmark Agriculture Act; and the benefits of having a broad spread of activities, supplying both livestock and arable farmers.

The buoyant trading prompted analysts at house broker Shore Capital to push through 15 per cent upgrades to their 2021 and 2022 pre-tax profit estimates (to £9.6mn and £10mn, respectively) last summer. Analysts then raised their 2021 pre-tax profit estimate by a further 15 per cent shortly after the 31 October 2021 financial year end.

The eye-catching trading performance was supported by a return to more normalised levels of tonnage and crop yields (which gave a boost to the group’s arable activities after a poor harvest in 2020); strong grain prices (which incentivises farmers to plant more crop to take advantage of higher prices); and higher-than-expected fertiliser volumes, partly as farmers forward purchased given the volatility in gas and fertiliser prices.

Importantly, the inflationary backdrop and supply chain pressures have been well managed without any major disruption to the business. The backdrop for the industry remains positive, with agriculture set to receive the £3bn support package from the UK government until 2024, thus giving farmers ample time to prepare for the new Agricultural Bill which will provide incentives for sustainable farming practices.

Investors have cottoned onto the positive earnings cycle, hence why the holding has produced a 35.6 per cent total return in the past year. However, trading on a 2022 PE ratio of 13.9, offering a prospective dividend yield of 2.9 per cent and rated a modest 8 per cent premium to book value of 525p a share, the valuation is reasonable enough to suggest that a return to the 2014 and 2017 all-time share price highs (685p) could be a possibility if trading remains robust. Buy."
Posted at 06/12/2021 08:38 by whackford
Slopsjon2 thanks very much for the snippet from Shore Capital note.

I would like to read the entire note - is it viewable by private investors that are not clients of Shore? Can you advise please?