The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
I wonder if either company have looked at the sp and been tempted to mount a bid? Tate might fit into one or both of these big players?
Investors Chronicle in the FT still rate it a buy, for what thats worth. They said first buy in late 2017 when it was priced higher.
Over the past couple of days purchased several bundles of shares for SIP or ISA for the family, 150, 220 and one of 500. I feel if you are going to post you should either have some skin in the game or have been an investor. Now a case of wait and see,
https://markets.ft.com/data/equities/tearsheet/forecasts?s=TATE:LSE If one believes brokers then they forecast at least an 18% recovery from today's price!.
Just purchased 500 share after doing a little more research. I looked at the charts and felt it was oversold, Bollinger Bands etc. I like the 4.8% dividend and believe at these prices Tate might attract a bid from a global food player like Nestle or Kraft. Finally, as one broker said "Tate is reassuringly dull".
Thanks for the reply.
Take a look at the broker ratings and Fundementals above. My only reservation is that having checked the FT data Tate was a 31% capital to debt ratio. I prefer less debt in my potential buys. Do you understand what the company does? Read up about it and do some research on the sugar, starch and sweeteners market.
I am indeed a novice so please do not shoot me down I believe the divi is very good but what are peoples thoughts long term for the company.
If it drops below 600p I would risk buying a few for the dividend and a potential to recover its sp a little.
I agree. It was bearish from June last year, threatened to recover but is now into a new downward leg.
If my rudimentary chart reading analysis is correct, a level that has served both as resistance and as support has now been breached (622), if I'm correct then where next?
Closed @ 628.2p for a loss. Dropped below the hourly VWAP. Back to watching.
.
Starting to emerge at TATE. Some nice earnings upgrades since the interims. The share price also nicely ahead on my last Strong Buy, however we are very early in a longer term re-rating IMV.
I added yesterday on the dip, 627.38 my lowest buy, just missed another under 627. Intend to add lower, if available. My view is a longer term , so short term technicals not a consideration. Usually try to add when longer term risk/reward look reasonable. Nearly a decade in to a bull market not much that looks a bargain, and would not label Tate as such. Reasonable longer term value hopefully. Very much a case of DYOR, as always.
Hi, tempted at 630p but would like to hear chartist viewpoint from others?
https://www.valuewalk.com/2017/09/tate-lyle-plc-barbarians-gate/
May be an interesting buy point?. Any thoughts...
Great results but still way down?
Not so sure £5 is out of reach I stepped in and plussed out twice,now watching the farts slow destruction of economic values.
Think you might be waiting a long time for £5...dream on
I am in no rush to jump in , tate has a massive usa business selling to Mexico , payments come in pesos so will be hit.
Reasonable number of shares in issue~reasonable RNS but the sp has fallen like a stone in 6 days due to trumps stance on Mexico which will affect trade etc.,~despite the business model so keeping it on my watch ~ may go short for a few days, if tomorrow the fall looks continues.If the flu continues at todays rate their may be the slim chance of a DCB.
That was a great bit of business Appleby. I think I'll keep this one in my watch list and see if it drops into the 500s. I'm sitting on 100% cash at the moment. I got pre presidential jitters.
Bought a lump of these at 510p-540p a few years ago, sold out recently . I will buy again around 500p , great divvy payer, solid company , perfect longterm hold.