Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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seems to be taking too long to come out of suspension, not looking good
Tut tut Sallyb.
Do you still feel the same today?
Rather than fools that is
What with the brilliant results yesterday how many more times will this company have to prove themselves in difficult circumstances to become a share that might be a good buy for competent people?
...agree busy sounds a poor excuse, however I was a fool for buying these at around 30p some 20 years ago - but a fool for not buying more.
As a ps the spread illustrated is often far wider than you should be able to actually buy them for from the market makers, as the actual prices actioned shows.
Flakey5185 Just because youre busy doesnt equate to increase in profits. Also the market spread on these shares is too wide. A share for fools only.
NT to buy even £200 worth today!
Double shifts, maximum output. Never been so busy!
NWF Groups presentation from our recent Birmingham seminar and their stockopedia report is available in our full member exclusive area: https://www.sharesoc.org/members-area/
NWF Group are lined up to present at our growth company seminar in Birmingham on the 6th February next year, more details and registration here: hTTps://www.sharesoc.org/events/sharesoc-growth-company-seminar-birmingham-6-february-2018/
4% yield and should deliver both growth and income..........new finance director.........the stock should go far.........BUY.
Not many posts recently, unsurprising considering the share price has had little movement for a while. However after a positive trading update yesterday are we seeing the start of some upward momentum at last?! This appears to be a good defensive stock, targets and debt in line with market expectations with the potential for growth now the mill development programme is complete.
Puzzled by that big sell at 150? Why sell at that price? A temporary dip would be good time to buy.
report interesting.......
NWF's markets aren't exactly high growth, and the business is at the mercy of factors outside its control - weather and global commodity prices - but it has a proven track-record of offsetting these headwinds and boasts a prudent long-term strategy, underpinned by rising global demand for dairy, the increasingly technical nature of farming, acquisitions and a healthy balance sheet. The shares are a bargain at 11 times forward earnings, supported by an attractive, well-covered yield, while the outlook for the current year is a return to profit growth
Indeed, the last financial year might have been disastrous, had it not been for decisive management actions across all divisions. Not only was the company up against an extremely strong performance in the feeds division, thanks to favourable weather and high commodity prices, but a surplus of good-quality silage meant the market for ruminant feed was down 4.7 per cent. Meanwhile, the warm summer weather depressed demand for oil and the food retail sector underwent its well-documented decline. But, anticipating these headwinds, management made efficiencies savings in the foods segment, centralising operations to a single facility and securing long-term contracts with customers, which led to a 66 per cent profit rise, despite flat revenue. What's more, there are further efficiency gains to be had here. The fuel division is benefiting from introducing new product lines, helping to offset weak demand for oil. This year NWF will invest in new depots and possibly bolt-on acquisitions.
In this magazine's recent Sector Focus looking at the dairy industry, we pointed out how changes in the milk market might benefit a number of UK producers. One company that stands to gain is Aim-traded agri-business NWF Group (NWF), which feeds one in six dairy cows across Britain, and its shares' low PE rating and attractive yield makes NWF a great way to play the industry's long-term trends. There's more to NWF than just its feeds division. It's the third-largest oil fuel distributor in the UK, and has a food business which warehouses and distributes ambient groceries to retailers. The group is growing organically, but has a balance sheet strong enough to support earnings-enhancing acquisitions. And while end markets can be volatile, last year canny management action meant it delivered impressively solid results in what was an extremely challenging period. The feeds division manufactures and sells specialised food and nutrients for cattle and sheep and offers technical services and expert nutritional advice, primarily to dairy farmers, to help them get the most out of their livestock. Therefore, NWF is well-placed to benefit from rising dairy consumption across Asia and the Middle East. And when milk quotas in the EU are abandoned next spring and production ramps up as processors gear up to boost exports, dairy farming will need to become much more efficient and professional to meet demand. Using the kinds of products and services NWF offers will be part of that. Accordingly, expanding and diversifying value-added products in the ruminant market is a key area of growth and investment for NWF. This should be bolstered by acquisitions - last year, it acquired SC Feeds which helped the division increase volumes in what could otherwise have been a washout year
high volume today for Nwf shares - hopefully bodes well!
Good Stuff - ST target 140-150p but with debt coming down nicely, record profits and a good divi increase along with the positive start to this year who knows!
wrong board
0.18-0.19p
10% UP LIVE
Results significantly AHEAD of market expectations. Quiet share too,
Agricultural and distribution business NWF Group said Thursday it has reduced net debt after exceeding trading expectations. In a trading announcement for the half-year ending November 30th, the company said debt has been lower than anticipated after the board hit sales targets. The group is anticipating higher profits in its half-yearly interim results which are due for release on January 29th, 2013. "Profit before taxation for the six months ended November 30th is anticipated to be ahead of the comparative period in the prior year," the group said in a statement. "Net debt is expected to be significantly lower than at the same point last year reflecting the result of more effective working capital management across the group." NWF Group said its feeds division has exceeded trading prospects after successfully managing the increases and volatility of commodity prices by focusing on direct business with farmers. Its fuels business has also performed well following a return to normal trading, increased demand for heating oil for winter, a lower cost base and rationalised tanker fleet