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ZTR Zetar

294.00
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Zetar Investors - ZTR

Zetar Investors - ZTR

Share Name Share Symbol Market Stock Type
Zetar ZTR London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 294.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
294.00 294.00
more quote information »

Top Investor Posts

Top Posts
Posted at 07/10/2012 14:55 by miked500
Blobby ive watched zetar for some time and cant say there were that many trades last week. Also there was quite a few sells around mid price that may have appeared as buys. The mms were probably more in the know than small private investors.
Posted at 07/10/2012 13:26 by alter ego
miked500, shares have to be traded on a "recognised" exchange to be ISA'ble according to HMRC rules. AIM is not a "recognised" exchange. However, shares that are not traded on a recognised exchange confer other valuable tax advantages, e.g. exempt from IHT when held for more than 2 years, which outweighs the advantage of an ISA for many investors and family run businesses.
Posted at 07/10/2012 09:27 by miked500
Blobby - Small co investors should be more concerned about the way sets is manipulated and clearly gives all the advantage to the big boys. Also why cant Aim shares be traded in ISA's?
Posted at 06/10/2012 15:13 by spob
I have a separate account just for aim stocks and this was my largest holding

I got into this after it featured in an investors chronicle yearly bargain shares portfolio

It's been a while since one of my stocks was stolen from me

As always not sure wether to feel good about it

3 pounds will boost my aim portfolio but as usual there is probably more value to be had over the long term here
Posted at 07/3/2012 11:44 by aleman
They had about £300k amortisation in 2010. Not many companies have no amortisation but it shouldn't make much difference to investors who should add back amortisation of intangible assets when assessing underlying earnings. The odd thing about Zetar is that they had very little amortisation but it has reduced and I can;t find an explanation. It doesn't affect the underlying cashflow of the business which suggests the company is good value if it holds up but normal amortisation would have this company reporting seriously lower earnings. Directors have a short-term bonus plan and Long Term Incentive PLan which are linked to earnings per share so is it tempting to adjust accounting techniques to flatter these. (This is why I'm dead against such schemes - I've suspected some significant fiddling of earnings over the years which is also why investors should assess cashflows to judge value.) THe notes to the accounts don't elaborate on amortisation and I don't see that the minor adjustment involved would make much difference. If the company keeps generating cash like recently, it should be a decent investment but that remains to be seen, given the Easter blip.

Again, I'm monitoring but do not hold.
Posted at 02/11/2011 19:45 by davidosh
ydderf....Quite true often a good sign and nice to see another Free Capital investor about the place. Ennismore clearly like Zetar too and have just gone over 8%...
Posted at 04/9/2011 10:53 by davebowler
MIDAS: First dividend and takeover highlight Zetar's confidence

By Joanne Hart

Last updated at 9:34 AM on 4th September 2011

* Comments (0)
* Share

Times are grim. The summer is passing all too quickly and August was a frightening month for financial markets and on the streets of Britain. But study after study shows that whatever is going on, people feel the need to treat themselves. In fact, that need may even increase in periods of austerity.

Zetar makes confectionery and snack products – anything from Mr Men Easter eggs to Marmite-flavoured cashew nuts.

The company was set up in 2005, joined the Alternative Investment Market at 100p and quickly became a stock market darling, rising to almost 600p by March 2007.

In 2008, however, the business took a serious dip. It made an illtimed acquisition, fell foul of market antipathy towards smaller companies in the wake of the financial crisis and lost a major customer when Woolworths collapsed. By April 2009 the shares had sunk to less than 100p and investors were worried.
Innovative: Zetar has expanded beyond seasonal chocolate products

Innovative: Zetar has expanded beyond seasonal chocolate products

But chief executive Ian Blackburn is nothing if not determined. He spent 15 years in the food industry before helping to found Zetar and over the past two years has worked tirelessly to put the business back on its feet and adapt to the new economic climate.

His team's conscientiousness is paying off. Initially, Zetar was heavily focused on speciality confectionery – the types of chocolate products bought specifically at Christmas and Easter. These days, the company has several strings to its bow. It works with Marks & Spencer, Tesco and other leading supermarket chains making ownlabel chocolates and snacks, such as yogurt-coated raisins, chocolate lollipops and bags of salted nuts.

Most of these are at the premium end of the market, where profit margins are more generous. Zetar operates at the value end as well, with goods such as chocolate nuts and raisins, also sold under supermarkets' own names. The company makes branded goods, too, including Reggae Reggae nuts and Fruit Factory fruit bars.

Blackburn also has a number of licensing deals for chocolate products such as Barbie Easter eggs and Toy Story chocolate bars, and recently started working with wellknown brands such as Branston, Sharwoods, Famous Grouse and Baileys, making snacks and chocolates with these flavours.


More...

* TAKING STOCK: City gives Morrisons boss space to plan his strategic moves

The company even has a contract to supply souvenir gift packs of foods for the Olympics next year and has started creating commemorative boxes of biscuits.

Zetar has a reputation for innovation, launching 400 new products every year, some of which deliver lasting value, some of which sell out for a season and some of which fall by the wayside. Over the past two years, the company has made substantial progress, investing in its factories and research and development but cutting back on unnecessary costs.

In the spring it made its first acquisition in three years, a small, Derby-based chocolate maker called Derwent Lynton. The deal was seen as an indication of management's confidence and this was underlined when Zetar recently announced a maiden dividend of 2.25p for the year to April 30.

The payout was particularly noteworthy given that the 12 months to April were far from easy – the cost of cocoa soared, dried fruit and nut prices rose sharply and consumers tightened their purse strings. Even so, Zetar delivered a six per cent increase in pre-tax profits to £6.7million. In the year to next April, brokers expect profits to rise to at least £7.1million while the dividend is forecast at 2.5p.

Midas verdict: Blackburn is optimistic, hoping to boost market share in Britain and expand gradually on the Continent. Zetar is moving in the right direction and the shares, at 250p, are cheap. Buy.

Read more:
Posted at 25/7/2011 12:43 by 2gekko
Its been tipped by Investors Chronicle's Simon Thompson,target 350p
Posted at 21/2/2011 10:28 by blobby
Yep, I'm an investor and if this were an IT company I'd run a mile, but I'm comfortable with the lack of spin and gloss. I believe the management are well respected in their field. But for one disaster they had with a takeover, they would be much higher rated.
Posted at 19/2/2011 17:17 by saucepan
I wonder if ZTR staff look in on this thread?

I tried to email the Company using its website "Contact" facility. However, it does not work!!!


This was my message:

A prospective investor put off by your website. It looks antiquated. Moreover:

"The next Annual General Meeting is scheduled to be held on 25th September 2008 (to be confirmed)."

That hardly inspires confidence!

Hope you find the feedback helpful despite its critical nature.