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lbg
Yes RGD still get supplied by British sugars, but are now not totally dependant on them for the sugar. I Tried to find out how much they could produce compared to supply from BS but could not get the answer. I believe the majority of their sugar still comes from BS. The positive thing is Napier going back into profit making. I apologies for labelling you as negative. Feel free to post your thoughts. Gl
Brill, thanks for that.... I know lots & lots about this company and the market they trade in, hence the negative (as you say) opinion - but I would call it realistic. My worry is the "real" position on all this, which I will not go into detail on as you will just say I'm being negative and I think your positive view is interesting reading. GL though and I have my fingers crossed for this business, not for investors though, for a very good reason that's a little bit more real world shall we say. Quick question, why are they not tied in anymore? (I assume you mean to British Sugar?) they are still a large British Sugar customer and will be for some time I would say.... P.s. why COO gone and no announcement? I guess you answered this in your SP explanation though hey....
How the sp works? Simple. The sp moves up and down according to how the market expects the company to do in the future. For example, RGD announced the problem with fixed sugar prices with British sugars and how they were tied in and gave a profits warning. The market acted appropriately and the sp dropped. The last results showed an increase lose due to this, BUT also showed that since RGD are not tied in any more, Napier has gone from losing money to profit making. RGD also showed improvements in other parts of the company and suggested big improvements to come over the coming years. This is why the sp has risen. RGD are improving and are in a better position now than a year ago, despite the figures not being as good. The market is pricing in next years figures. Now if next year shows no mishaps and improves the sp will hold and increase depending on how the market sees the following year to be. Things are looking a lot better imo and look to improve so I see no reason why the sp will not go back to previous highs. If Europe works out for RGD I can see more improvements in the sp in future years. Just worry when they give warnings. Hope this helps Gl
Consistency is key!!! If you want something positive to read, look on linkedin and search for a person called Gino De Jaegher.... very interesting read, given his past.... My 4th post now.... whoop whoop just for the record, I want this company to do well, don't understand the share price, announce a major loss (negative) and the share price rises, very odd - please let me know how that works....!!!
good to see another poster, even if you have only ever posted 3x, all on rgd and been negative when it went down and negative when it goes up. Consistent!
Loads can happen in 14 months!! this is a bit out of date now.....
£42k and £50k were buys, hence sp gone up 6% Anyone else here? I got a target of 80p+ GLA
A nice steady tick up. Most of the trades are even amounts of shares which is a good indication that the trades are ii's and not pi's. Only about 40% of shares are not tied up by main ii's and directors.
Napier Brown has started to go into profit again, now that supply restrictions are removed. RGD is not being held to ransom any more by British Sugars prices, the reason for the decline in Napier Browns profit. Napier Brown has cornered 20% of the UK sugar market, and expects to double that in the next couple of years. Supported by Omicaine (24% holder, supplier of cheap raw cane and a company that is massive, dealing in the billions of pounds), Napier Brown now looks to shoot forward.
Well worth a read if you have not read so far. http://realgoodfoodplc.com/assets/files/RGF_Global_Sugar_Market_Report1.pdf
Auction -3p /8.45% up. Looking good still.
Now that would be pushing the boat out! It may kill her mind due to her Laminatose.
sarcasm becomes you.lol.don't forget shergar,they relish the old sugar cubes too.
That's good news. I may just pop along to asda and get an extra bag of Whitworth sugar now that I can afford it.
according this this geyser on tv this morning,the oil drop has made each household about at least £50 a month better off,looks like consumerism type stocks are back in focus for now.
You have to remember why the sp dropped, because of the sugar price being increased by British Sugars. Now, remove that problem by sourcing your own sugar from your own factory and .......... well problem solved.
Also, if you look at the trades, someone is collecting shares. Too even figures for pi's.
hey, yeah bought back in a few months ago. I personally thought the results last week were excellent. Now that RGD are sourcing sugar from their own factory Napier has gone back to profit making. And with the other sections of the business continually improving I'd say RGD is picking up. Ignore Jolly, He's like scrooge atm, baa humbug.