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Just a thought for the Board . The share price is very high for an AIM share . My suggestion is they should do a 10 new shares for 1 currently.
Solid figures this morning , div up accordingly , nice company , long term hold
someome offloading a lotta shares in 1000 bundles today....however, im here long term, so will see what close of day brings. gla
Had a good ride with this one having purchased in March this year. Have sold out once and bought back in again. There does not seem to be an slowing of the growth both in share price and revenue. I have even started to drink vimto again. I did not like the drink as a youngster but love it now...tastes like victory...mmmm.
fundamentals here !! glad im in on this one.........been solid past year. gla
Nichols plc Pre-Close Trading Statement Nichols plc ("the Group"), today issues the following pre-close trading update. The Group has continued its positive trading momentum in the second half of 2012 with total sales for the year ended 31 December 2012 increasing by 9% to £108m. This performance is ahead of the UK soft drinks market and has been achieved against last year's strong comparatives (18% uplift on 2010), a challenging UK economy and record wet weather. The UK market, as measured by A.C. Nielsen, increased in value by 3.2% for the year to 8 December 2012 with underlying volume down 0.6%. Despite this challenging market we are pleased to report that our UK business has increased sales by 10% against the prior year with our export sales also increasing by 8%. Despite another year of significant cost inflation and high levels of promotional activity, we expect, as a minimum, to maintain our operating margins. This has been achieved by a combination of good cost control and ongoing productivity improvements. The Group's balance sheet remains strong and has continued to generate positive cash in line with our expectations. In summary, 2012 has seen a strong trading performance and we expect Group profit and earnings per share (EPS) to be significantly ahead of last year and ahead of market expectations. The Group's Preliminary results will be announced on 7 March 2013.
Saudi Aujan Becomes Drinks Billionaire With ‘Vimto Time’ By Devon Pendleton - Jan 7, 2013 12:00 AM GMT Facebook Share LinkedIn Google +1 0 Comments Print QUEUE Q Across the Persian Gulf, the Muslim holy month of Ramadan is marked by family gatherings, prayer and bountiful, fast-breaking feasts featuring spit-roasted lamb, dates, lentil soup and other traditional fixings. Such banquets wouldn’t be complete without a fruity, non-alcoholic drink called Vimto. The ruby-colored cordial “is something we’ve grown up with,” Khalifa Haroon, 28, the head of Interactive and Innovation for Vodafone Qatar (VFQS), said in a telephone interview from his home in Doha. “I remember you’d actually hear the Vimto coming because it’s poured into a glass jug filled with ice. When you hear the ice clinking, it’s Vimto time.” Enlarge image Saudi Aujan Becomes Billionaire With ‘Vimto Time’ During Ramadan Cans of Vimto are seen on a supermarket shelf. Photographer: Chris Ratcliffe/Bloomberg Vimto has helped make Adel Aujan, the Saudi tycoon who controls the brand in the region, a billionaire. The 66-year-old chairman of Dammam, Saudi Arabia-based Aujan Industries, the Middle East’s largest independent beverage company, has a net worth of at least $1.3 billion, according to the Bloomberg Billionaires Index. Sales of closely held Aujan Industries’ three brands -- Vimto, a juice drink called Rani, and Barbican, a non-alcoholic malt beverage -- will exceed $1 billion in 2012, according to the company, quadruple its revenue in 2004. Aujan beverages are sold in 70 countries, with more than 70 percent of revenue coming from the Gulf, Iran and Iraq. About half of Vimto’s annual sales are generated during Ramadan, according to the brand’s local website. In December 2011, Atlanta-based Coca-Cola Co. (KO) bought about half of Aujan for $980 million. The deal was the biggest consumer-goods investment ever made by a multinational company in the Middle East, according to data compiled by Bloomberg. Aujan and his family retained the other half, as well an Iran- based manufacturing facility that was not included in the transaction.
I have held this share for a few years now, and since it was restructured a few years ago has steadily risen. I see no reason for it to slow down, as they are starting from a small base. Most growth is coming from Africa and Middle east.
anyone else noticed that this elevator seems to be slowing? Time to get off?
up 100p since July, they sell vimto and diet foods, what is not to like
Commenting John Nichols, Non-Executive Chairman, said: "I am delighted to report another strong first half year performance from the Group, delivering healthy sales growth, a significant increase in profits and earnings per share along with extremely strong cash generation. This has been achieved despite very poor weather and the ongoing economic uncertainty affecting the UK."
Nichols plc, the soft drinks group, announces its Interim results for the period ended 30 June 2012. Nichols plc is a highly focused soft drinks business. Its brand portfolio includes Vimto, which is sold in over 65 countries and Levi Roots, Weight Watchers, Sunkist & Panda which are sold in the UK. The Group has a leading market position in both the "Stills" and "Carbonates" drinks categories and also in the soft drinks on dispense market, where its brands include Cabana, Ben Shaws & Dayla. Highlights: · Group Revenue up 10% · Export Revenue up 14% · Group Profit up 14% · EPS up 15% · Interim Dividend up 12.4% · Cash increased to £23.6m
http://www.investegate.co.uk/Article.aspx?id=201207260700075230I
I suspect that the poor summer weather will have constrained potential growth in the UK.
Panmure Gordon reiterated its "buy" recommendation for Nichols (NICL) with a 760p target price. The soft drinks manufacturer will release its interim results on 26th July and the broker expects to see revenue growth of 6% to 53.5 million pounds, boosted by sales in the Middle East. However, challenging conditions in the UK market led the broker to anticipate a 110 basis point decline in gross margins to 47%. On the broker's earnings forecasts, the shares trade on a prospective multiple of 17.7 times, roughly in-line with peer AG Barr (BAG), but Panmure believes Nichols should trade on a premium due to its higher international exposure
I am pleased to report that our strong trading momentum has continued into the first four months to April 2012, with Group sales showing double digit growth against last year's very strong comparatives. This has been achieved despite the wider economic and consumer challenges and an extremely competitive UK soft drinks market. Boosted by the launch of our new Weight Watchers range of low calorie soft drinks, our UK sales growth is ahead of the market and significantly up on the prior year. International sales to the Middle East, Africa and our developing markets also continue to deliver solid growth for the Group. At this early stage of the financial year we are very pleased with the Group's continuing progress and we are confident of delivering further sales and earnings growth in line with full year expectations."
just checked (2nd May) - so trading update in the morning?
just went through. Anyone got any opinions - was at £7.00 and price did not move down - could be a sell (at this amount you would think a director buy or sell?)
trade just went through.... AGM statement was on the 4th May last year - so would expect a trading update next week. am expecting to break £7.00 on this.
on anticipation.... I smell £7.00
Early may, momentum maintained Imo!
For those doubting if Nichols can continue on this growth projectory then I wouldnt under estimate them. The New Weight watchers line is now in Tescos (in 3 different forms = a Squash, Juice Drink and a Lemonade) - think its also in Asda. I am expecting continued growth for Q1 - we usualy get an AGM/trading statement in early May - I say watch this space......
Nichols, the food firm which owns the Vimto and Levi Roots brands has done well of late, thinks Tempus. While the UK market is difficult, international sales have been growing and are more profitable. But trading at 16 times earnings, and having risen 40% in the last 12 months, there’s not much room for improvement: leave.
Panmure Gordon kept its "buy" recommendation for Nichols (NICL), with a 640p target price. The broker expects the soft drinks company to report pre-tax profit growth of 18% to 17.4 million pounds for the 2011 financial year. Panmure will also be looking for early signs of the success of the Weight Watchers soft drinks range, which was launched in January, as well as news on Vimto's international performance. For the 2012 financial year, the broker forecasts earnings of 39.39p, putting the shares on a prospective multiple of 15.9.