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dummy sale shows close to 6p yet isdx and lse only buys Friday and Monday...Ukraine ceasefire not holding so DMA/MMs or whatever v fretful about holding? isdx:-Latest Trades 05/09/2014 16:10 10,000 @ 7.8 04/09/2014 15:31 1,100 @ 6.05
I added @6.85p...but only hold modest 20k ...I like the fact that most of the production is in the safer West of Ukraine, agree that the figures are unlikely to inspire and will look to add
Jan...but looking for proper punt after more downwards drift
but there is always lower, no, Jan?
Hmmm ... Not sure yesterday's update will entice too many newbies !!!! As I have said before it's not easy to do business in a war zone. I wish things were different as the dairy industry is a global growth sector ... Shame about the politics here.
I had an eye on the Ukraine getting closer to Russia as helping UKR as they may have had better access to the Russian market. The EU seem to have been luke warm and I'm not sure they ever really delivered the goods which drove Ukraine into the arms of the Russians when they were broke ... http://www.reuters.com/article/2012/04/17/russia-ukraine-cheese-idUSL6E8FHAQD20120417
Russia complained Ukrainian cheese didn't meet Russian standards. Russia and Ukraine have been in a cheese war. Until that ends, UKR's historical major market cannot be developed. Declining consumer spending power affected domestic sales. Though restrictions were lifted, checks still affect exports and UKR never really recovered. I got out of this about even at 12. This won't get better for a while IMHO- EU is broke and has its own cheese producers to protect and won't encourage UKR to export to Europe. I asked the BOD years ago about going for the Chinese milk market. Maybe these things take time. Obvious long term potential but I was looking for more movement upwards and less risk
January, I completely understand that under normal trading conditions this company would appear chronically undervalued.... however it seems that the political landscape in this region is muddying the waters somewhat ?? Unfortunately Mr Putin has taken the first steps toward igniting a war similar to that seen in Georgia a number of years back, as was suspected Russia has designs on seizing control of Crimea and quite possibly Eastern Ukraine, all that can be hoped now is that the inevitable invasion of this European state will be undertaken without bloodshed. Then the political heavy weights will mobilise... USA & EU larger member states (Germany, France, UK etc) will all be threatening to apply trade sanctions and other such guff ...fact is that Putin could not give a flying feck what the rest of the Western World think of him or his nations actions ... he has got China on side which ultimately is the biggest hammer in the tool box ! As I said previously, difficult for business to opperate smoothly in a warzone !!
Good evening Sir, I acknowledge your 27.02 message in which you express the view that Putin will not get too aggressive in Ukraine. I hope you are right, but I am wondering whether, now that approximately 2.5 days have passed since the date of your post, the news reports are causing you to think differently. In the most respectful way possible, I say that I would welcome your further thoughts. To me, there is something inscrutable about Putin. I am trying to assess the extent of weakness, if any, that might be seen when the markets open after the conclusion of the weekend. I think I will find myself on Sunday evening checking Asian share quotes. I hold no shares in Asian markets, but I would like to have a little advance understanding regarding possible volatility both in London and in continental Europe. BTW, I write from the US. Regards and thank you very much. Rob229
Although i am not a shareholder i was just reading through and thought i would try and allay any of your fears. I have friends and family in both Ukraine and Russia, in simple terms Putin will not start any military action against Ukraine as there are too many Russians in Ukraine and vice-versa,all we are seeing is people warmongering. It is unusually to have the Russian military in this area as it is seen as a big part of both countries history.
Financial Times - Vladimir Putin placed Russian armed forces on alert on Wednesday in a show of strength over the political direction of Ukraine that rattled financial markets and brought a swift warning from the US. Mr Putin ordered a surprise drill by forces in western Russia, including areas bordering Ukraine. Sergei Shoigu, defence minister, insisted the exercise was "largely unrelated to events in Ukraine", but John Kerry, US secretary of state, nevertheless made clear that any sign of intervention would not be acceptable to Washington. IMO - Cloud hanging over the entire region : What happens to business in Ukraine if Russia decide to initiate some sort of modern day land-grab, or even if they were to cultivate an East/West civil divide in Ukraine ... its tough to trade dairy products in a war zone ???!!!
WOW this one is way off the radar of most punters although I feel that there is scope for the company to turn things around this year... If they play the market well. Russia is the primary export market for Ukrainian cheese, officials are suggesting that Russian domestic production will reduce by as much as 4% this year which will need to be imported from somewhere ... Makes sense to buy relatively local I would think especially as strong trade links already established. Dairy powders are where the clever money is being invested all across Europe and further afield just now, Chinese demand for infant milk formula is off the scale, they are paying TOP dollar for these products as are global health and well being manufacturers, so Whey Protein is almost driving the cheese production strategies of some major players in today's markets. Hmmmm ... If only there was a company who made lots of cheese from which to harvest whey and also had dairy drying capacity who were a key player in a low cost geography with established access to 3rd country markets ... ??? I will keep my eyes peeled and let everyone know when I find one that you can invest in at huge discount to NAV and with a PER less than a third of what it should be !! Blimey someone bought £1k of these this morning, if it was you ... I think you will be rewarded well but it may take quite some time (refer to my opening comments re: liquidity and radars). Still watching this one, it has legs IMHO. Cheers Wooly
Not invested here .... yet ! Just been doing some research in food sector stocks and have shortlisted this one and Finsbury Foods as both being potential recovery plays through 2014. I am reasonably upto speed with recent dairy market goings on in Western Europe but have very little undrstanding of how this game plays in the former Soviet block ... any updates or insight would be most welcome guys ?! At first glance this feels like an absolute bargain, but then again maybe it looks that way for good reason, anyway thecway I am reading the dairy markets going forward, the lack of milk experienced through 2013 will unlikely be repeated in 2014 plus feed costs have reduced significantly in the last year, so if energy prices were to ease also .... kerching !!! Bear in mind EU milk quotas are abolished in 2015, so everyone will be able to compete in the world market without fear of penalty for overproducing, I think I will dig deeper into relative costs of production in Ukraine and see how these guys really stack up for the longer term. Will keep an eye on this BB ... interesting indeed !
Hi...but indebted, no? and margins weak (before recent troubles)..so EV/EBIT high imv ...best of luck
Apart from Ukraine's own shale gas revolution, more oil has been found in The Ukraine & Iran wants to compete with Russia supplying gas. This'll drive down costs for EVERYONE in The Ukraine.
China Ukraine ties http://english.peopledaily.com.cn/90883/8262774.html? and more growth ... http://en.trend.az/capital/business/2158015.html? and this http://www.rferl.org/content/ukraine-eurasian-economic-commission/25003634.html? as growth in Europe becomes more elusive, the rest of the world gets on with organising their own progress ...
It wasn't 19,500 shares. It seems it was 1,500 worth someone or a fault in the system had put through multiple times by accident. According to livecharts 13 deals of 1,500 shares each went through at 0850am but volumes all say just 1,500
Not by me though. I suppose the combination of everything mentioned below (all googleable) Gazprom lowering their prices, the super dairy plans, the positive noises about the kvass ... I suppose the main thing is get your feet under the table before the news breaks that EU and Ukraine have lifted even more trade barriers. Ukraine's strategic position means that, if it's smart, it can play Russia and the EU off against each other meaning Russia will end "the cheese war" wanting to keep Ukraine close rather than have it slowly edge towards the EU fold ... we are approaching a world where the emerging new markets make it hard for entities like the EU to say "if you want to do business with us you must do this, you must do that" since producers have China, the Pacific Rim, Brazil ... there are millions of people about to become middle class all over the world who will see cheese as a daily source of protein. This won't happen in a few hours so I only suggest buy but the sooner you get into this market, probably, the better.
Went through yesterday and it was a buy. Since the SP has been flat for over three weeks I suppose we can assume those holding the shares are not selling so this share is a short and day trade free zone for the time being. If anyone wanted get in at the bottom of a trend, I'd say it should be pretty much today. This share risen sharply in the past and there will be those still keeping an eye on it ...
For further information, please visit or contact: Ukrproduct Group Ltd. Sergey Evlanchik Chief Executive Officer Tel: +380 44 232 9602 Cantor Fitzgerald Europe Nominated advisor and Broker Stewart Dickson / Julian Erleigh Tel: +44 (0) 20 7894 7000 Jeremy Stephenson / Katie Ratner Tel: +44 (0) 20 7894 7000 About Cantor Fitzgerald Europe Cantor Fitzgerald Europe is a leading global financial services firm at the forefront of financial and technological innovation. It is an unlimited liability company incorporated in the England with its head office at 17 Crosswall, London, E14 2LS. It also operates from branches in Milan, Paris and Tel Aviv. It is authorised and regulated in the United Kingdom by the Financial Services Authority (reference number 149380), and is a member of the London Stock Exchange. It provides an array of financial services to global clients including corporate finance, corporate broking, research, equity and fixed income execution, trading and market making, derivatives, fx, spread betting and CFDs. For more information please visit
29-Apr-13 Seymour Pierce Buy 12.50p 11.00p 20.00p Upgrade. New target price 20p. Same as Cantor Fitzgerald brokers.. Price 12.5 now, if you're selling you're offered 11.5. Volume low or zero for a while. The share will wake up one day. Been static for a while. Overall potential for growth in Ukrain strong especially after Gazprom cut its prices.
29/4/13 Ukrproduct Group: Cantor Fitzgerald ups target price from 11p to 20p and upgrades to buy.
Ukrproduct Group, a large Ukrainian manufacturer of packaged butter and processed cheese, plans by 2015 to launch a first phase of the dairy farm with some 3,500 cows. Do your own research!! Who knows where this share will go when it wakes up!!!
The company's hard cheese sector has repositioned its product offering and its market position is growing though from the small base, while the processed cheese business's share also expanded, widening the gap to its closest competitor. Sales increased both in revenue and tonnage terms, allowing the gross profit to show a significant year-on-year increase. The skimmed-milk-power sector remained suppressed, with profits pushed lower by increased energy costs, weak demand and a decrease in prices both due to global market conditions. In a statement the firm said: "The outlook is to a similar economic environment perhaps accentuated by inflationary currency devaluation and government spending pre the autumn elections. The trading and volume trends will again be pursued in dairy and kvass. Margins pressured as seasonal milk prices increase and inflation pressures especially in fuel. Thus the cost optimization program ... is critical to Ukrproduct success. "Within these dynamics Ukrproduct looks to deliver the improved performance evidenced in the first half on the year."
Ukrproduct Group, a producer and distributor of branded dairy products in the Ukraine, has warned that its half year results were affected by a ban on hard cheese exports to Russia. However, progress in other divisions and a very high fuel inflation has ensured the company is confident of a gross profit for the six month period. The ban caused an oversupply on the domestic market of hard cheese and consequently of butter and skimmed milk powder as several producers chose to switch to the output of these products. More positively, the restrictions on export to Russia together with the re-introduction of the milk subsidy regime prompted higher milk volumes availability in the Ukraine and resulted first in stabilisation and later in a gradual decrease in raw milk prices. This has meant that, despite a decrease in sales revenues compared to the same period in 2011, there has actually been an increase in gross profitability. The firm was keen to emphasise the performance of its recently acquired kvass business, which ferments the traditional beverage, which has resulted in a 'significant increase' in kvass sales as the firm expanded the location of sales and strengthened its presence in the existing regions, resulting in increased profitability.