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Wincanton Share Chat (WIN)



Share Price: 148.00Bid: 147.75Ask: 151.00Change: 0.00 (0.00%)No Movement on Wincanton
Spread: 3.25Spread as %: 2.20%Open: 150.00High: 151.00Low: 147.50Yesterday’s Close: 148.00


Share Discussion for Wincanton (WIN)


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Belly1966
Posts: 280
Off Topic
Opinion:No Opinion
Price:146.00
FEW
17 Oct '14
My portfolio has taken a real hammering over the last week. The one ray of sunshine is Wincanton whose price has remained steady (ish). A little ray of sunshine. GLA invested here.
 
Grasi
Posts: 119
Off Topic
Opinion:No Opinion
Price:136.00
belly1966
6 Oct '14
your reccall is correct.The CFO said that wouldn't pay a divi for the current financial year either.I hope.
,however, that next year the shareholders who have been starved for so many years will get a divi.They also said that from March 2015 on the onerous liabilities from old leases (20m) would decrease substantially which should enable them to resume divi payments.I hope the results won't suffer too much from the Driver shortage and the ensuing costs (see mkwarriors)
Belly1966
Posts: 280
Off Topic
Opinion:No Opinion
Price:136.00
Dividend
6 Oct '14
Can anyone see a dividend being announced in the near future (e.g. 12/18 months). I do recall somewhere that Wincanton had accrued debts prior to the credit crunch but was being well regarded in the way that it had managed them. I also recall, I think, that it was stated that debt reduction was taking a priority over returns to shareholders. Just wondered if my recall is correct and what other might think?
mkwarriors
Posts: 1,593
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:136.75
View Thread (2)
RE: wkwarriors
1 Oct '14
its because so many older drivers and also ones that are not fortunate to have a company pay and put you through it that have let it laps and now cant drive for a living. Wincanton have just given our general haulage drivers a 2k+ pay rise to bring them up to the core fleet wages.... also heard stobarts have given their drivers £3/hr rise and another I heard of gave 25%. All just to try and retain the drivers they have!!!!
Grasi
Posts: 119
Off Topic
Opinion:No Opinion
Price:137.00
View Thread (2)
wkwarriors
1 Oct '14
why is the new cpc such a Problem.I think all Drivers should be keen on getting it.The Problem is certainly not confined to win and I suppose or better I hope that ultimately the customer will have to make up for the higher costs.By the way there is a tremendous shortage of Drivers in all industrial states.
mkwarriors
Posts: 1,593
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:137.50
not in this share but...
29 Sep '14
Grassi you are correct ..... the new cpc is causing havoc, last I heard is wincanton are 200 drivers short nationwide. Drivers are being brought up hundreds of miles just to try and cover a small amount of our shortage. Great for drivers as money is being thrown at drivers to get them to work. This problem will only get worse for us as we get closer to xmas. Problem is it can only hit the company profits
Tricky321
Posts: 163
Off Topic
Opinion:No Opinion
Price:137.50
leonasdad
29 Sep '14
On what basis?
leonasdad
Posts: 1,086
Observation
Opinion:No Opinion
Price:141.00
.
29 Sep '14
looking grim imo..
Grasi
Posts: 119
Off Topic
Opinion:No Opinion
Price:142.00
eccles
24 Sep '14
I donT work for the Company.I have lost a considerable amount of Money as I have Held the Shares for many years.In the past it has been a blue chip Company paying excellent divis.Well,athing of the past.Now I cannot but hope for better times to come
eccles
Posts: 3,383
Observation
Opinion:No Opinion
Price:142.00
Grasi
24 Sep '14
I think you will fine that reason they need drivers is due to new CPC that came in this month as some of old ones did not do it .what contract are you on ?



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