Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
When you think of the 2 for one split that took place in Sept. 09....remove that and the SP would be double.....2428 !!!!!...............IRN BRU.....liquid gold !
Steady...no pressure, just sit back and let it grow. Highly recommended share for those who can wait.
time
Commenting on the results, Chief Executive Roger White said: "We are pleased to have delivered financial performance in line with our expectations. This is a particularly positive result given the challenging comparatives we faced in the first half of the year, the relatively poor summer weather, which has impacted the soft drinks market and a competitive market backdrop. Whilst we remain cautious regarding the second half, given the market context, we are confident that we have a strong programme of activity including further innovation, which should help maintain our growth momentum. The combination of less demanding comparatives, better cost visibility, a strong programme of brand activity and good sales momentum gives us confidence that, assuming no significant adverse changes in the marketplace, we will meet our expectations for the full year."
A.G. BARR p.l.c., the soft drinks Group which produces and markets some of the U.K.'s leading brands, including IRN-BRU, Rubicon and Strathmore water, announces its interim results for the 6 months ended 30 July 2011. Key Points · Total turnover increased by 4% to £124.0m (2010: £119.2m); quarter two revenue increasing by 5.1% · Profit on ordinary activities before tax, excluding exceptional items, was marginally ahead of prior year at £16.2m (2010: £16.0m) · Basic earnings per share, excluding exceptional items, increased by 6.9% to 32.44p (2010:30.35p) · Free cash flow in the period was £9.7m · Net debt reduced to £15.2m; annualised net debt/EBITDA <0.4 times · Key brands IRN-BRU, Barr, Rubicon and KA collectively grew 6.0% · Intention to invest in increased production capacity in the south of the U.K. · Interim dividend of 7.30p per share (2010: 6.75p), an increase of 8.1% on the prior year
http://www.investegate.co.uk/Article.aspx?id=201109270700119558O
Collins Stewart upgrades AG Barr from hold to buy, target price cut from 1400p to 1285p.
http://www.investegate.co.uk/Article.aspx?id=201105230700070435H
AG Barr sales still sparkling Date: Monday 23 May 2011 LONDON (ShareCast) - Scottish soft drinks maker AG Barr toasted a strong start to the year despite increased levels of competition and promotion and is confident of continued progress. The Irn Bru maker said total revenue for the 15 weeks to 14 May 2011 increased by 6.3% compared to the same period last year despite a continued uncertain consumer environment. The group, whose other brands include Rubicon and Tizer, said margins are in line with expectations with continued high levels of input costs offset by price increases and further management action to reduce operating costs. Overall raw material inflation remains at previously guided levels, it said. "The combination of good sales momentum, stable margins and strong growth plans at this early stage of the year, give us confidence that we will continue to deliver good growth in line with our expectations, despite the increasingly competitive market place," said AG Barr in a company statement. AG Barr added that its balance sheet remains strong.
I Watched from the side lines for a long time this shares performance is great well done to you investors you picked well :)
Despite the challenging macro economic environment, Irn Bru maker AG Barr (BAG) has maintained its track record of strong financial performance, delivering double digit annual sales and profits growth, and said sales in the first eight weeks of the new financial year were ahead of the same period a year earlier. For the 12-months to 29th January 2011, the soft drinks manufacturer announced a 13.3% rise in profit on ordinary activities - before tax and exceptional items - as turnover climbed 10.4% to 222.4 million pounds. In light of this, the group recommended a final dividend of 18.66p, giving a final dividend of 25.41p, up 10% on last year. Barr shares climbed 46p to 1,201p.
Roger White, Chief Executive commented: "A.G. BARR has maintained its track record of strong financial performance, delivering double digit sales and profit growth, despite the challenging macro economic environment. We have increased investment across the business in our brands, assets and people to support this growth. Across 2010 we also made significant investments in our operations and supply chain, which will give us the ability to improve service to customers and drive efficiency in the future. The soft drinks sector will face tough comparative trading across 2011, as well as further cost volatility and general economic uncertainty. However, we face these challenging conditions with good momentum, a well invested business, excellent operational plans and a strong financial position. I am pleased to report sales in the first eight weeks of the new financial year are ahead of the same period last year."
Key Points · Total turnover increased by 10.4% to £222.4m (2010: £201.4m). · Profit on ordinary activities before tax and exceptional items increased by 13.3% to £31.6m (2010: £27.9m). · Underlying earnings per share increased by 14.9% to 61.2p (2010:53.3p). · Strong growth from all core brands in all channels. · Rubicon brand revenues now almost double pre-acquisition levels. · Manufacturing investments and supply chain operational changes completed as planned; Mansfield site operations ceased and site being cleared prior to agreed sale. · Strong free cash flow of £15.7m in the period and a lower than anticipated net debt of £16.6m down from £22.1m at the prior year. · Proposed final dividend of 18.66p per share to give a proposed total dividend for the year of 25.41p per share, an increase of 10.0% over the prior year.
http://www.investegate.co.uk/Article.aspx?id=201103280700066772D
Evolution Securities initiated coverage on AG Barr (BAG), the soft drinks manufacturer, with a "neutral" rating and 1,000p target price. The broker said it expects the group's growth to continue to out-strip the growing soft drinks market in Great Britain as the company pursues its strategy of expanding out of its Scottish heartland into England and Wales. However, with the firm trading at a premium to both the European beverage sector and an international soft-drinks peer group, and raw material prices rising, Evolution thinks further share price increases are, at the moment, unlikely.
What happend to all the rumours about Coke or Pepsi bids in June?
sory
my portfolio is well down again and all companies in the red except for dsgi come on barcs move up some pleeeeeese
lalala
Don't understand. Have I now got twice as many shares as I had last week (due to the split), each valued at about 720p ?
2 to 1 stock split checknews on this site
wtf is going on any comment?
recently and is at 5 year high. Long term steady hold for me but not quite sure why performing well just lately, anyone else in this with some info? Sorry to ask something that with effort I might just find answer to myself, but work is very pressing at mo l;eaving me no time to research my shares, so will appreciate help from those with a little time and info
See today,s papers re the american market,if you can appreciate 70% of barr sales are in scotland .This is a market which would dwarf any previous sales if this takes off,and remember mr coca cola does not like anyone ccoming into their domain.This is something we used to speak of ( at a very high level )which was bound to happen.
Worked for the company in a senior position for 14 years.To date have never lost out on my investments with the company. Good long term investment showing good growth over time with excellent dividends year on year.Astounds me that more are not into investing into what is an institution in scotland.