Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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The Terry Smith video showed globally, own labels have had no impact in 10 years. This may be about to change in the West with inflation/interest rate/high tax impacting many of us. As he commented, his own grocery bill shocks him now (doubt it is a rounding error on his wages). What better way to help mere mortals than going own label. A wider metaphor may be the rise of Aldi and its impact on the big 4 supermarkets.
What really annoys me is the big 4 trumpeting "Aldi price match". What better way to highlight your fiercest competitor when you should be leading the way and the one to be matched!!
Why has it taken so much time to rid Ben & Jerrys it’s a sickly ice cream brand full of sugar .
Plus the soup brand KNORR needs removed too.
If they just remove entire Food division like P&G did aLLLOONNNGG time ago, it will help profit margins and raise P/E.
Get going ULVR!!
Ah RogueRiver, you're missing how better a wash your clothes get using Persil and how nicer your hands feel after ysing Dove soap and how delicious a Magnum tastes on a hot summer day !!
Despite the hype from the brokers and the financial press, I could never see the fascination with this company. The divi has never been all that impressive (even pre-inflation) and growth has been non-existent.
Four years ago (pre-Covid, pre-inflation and pre-shrinkflation) I said that Unilever would face increasing pressure from own brands and it was hard to see how it could grow much further. Perhaps the financial gurus don't do their own supermarket shopping and couldn't see it. Needless to say, I closed my position - and I'm glad I did. Thanks to shrinkflation (aka fraud), I no longer buy Unilever products either.
Yes Salty1Pete, very much a core portfolio component.
Has it been signalled at all how the Ice Cream Division will be separated from the rest ? Maybe floated off as separate business (thus Demerger), sold off as a ULVR asset with proceeds initially to ULVR with maybe later BB or Special Div., etc... ? Thinking more from a tax stance.
Alessandro, let's hope they get the minimum statutory redundancy only especially if near to retirement age because it'll still give them more than working till their retirement age probably.
7500 people worth of wages wasted for so many years. They now will enjoy their redundancy packages. Most of them likely to be close to retirement age, so year, early retirement in effect, at the expense of investors. Anyway, as long as it helps in the long run, it is a welcome move.
Current sp, above last price pivot high, while underlying sector. Is below its 1/3/24, time pivot low, which is bearish. ULVR, is the only riser in the sector today, every other sector equity is in the red. The previous ULVR, price action was a bearish pivot low break. ULVR, is speculative when the overall sector is bearish. As I write ULVR, has fallen back to below its open price today, not a positive indication. DYOR
I do wonder about the separation/sell off/whatever: sure the margins aren't as good as the other bits, but it's still a good business; maybe they're worried about another takeover attempt, and well they might be. Whatever happens, this is not a share to be out of.
I'd wager Terry Smith knew about this when tipping ULVR at his annual meeting 3 weeks ago. Leaky leaky.
In the short term it should boost it slightly. Markets seem to lie businesses to be as simple as possible, and I imagine there is a hope that they will get a good offer for the Ice Cream business.
Long term in all depends how the businesses fare.
I've just seen this news story here about job cuts and a plan to spin off Unilever's ice cream arm
https://uk.finance.yahoo.com/news/marmite-dove-maker-unilever-cut-072241530.html
From those here who have experience of these sort of things, how do you think this will effect the share price going forward?
Would help if i included the link
https://www.youtube.com/watch?v=PYXtFKFsI0U
Worth watching. Big bit on Unilever at 1.07:20 and tipping it as the most potential for 2024 at 1.19:50
"Aptamer and Unilever are now drafting patent applications to protect these developments and downstream commercial applications."
What on earth is Unilever going to put into market, this does not look like a consumer good product?!
Doubt it.
It probably won't be included as a qualifying company as it's not just a British business.
If it is included then so will a lot of FTSE all shares companies.
It probably won't affect how people invest, people in the UK already heavily favour UK listed equities.
It won't increase the amount of invested capital, 4million people took out stocks and shares ISAs in 21/22. So the absolute max increase in cash to UK equities is x £5k = 20bn. It won't be anywhere near this high of course, unless all 4m people have a spare 5k. I'd say you might get an extra 1bn inflow.
Market cap of FTSE 100 is 1500bn....so I really can't see it doing anything. Maybe I'm wrong, & the extra marketing around British ISAs might make people poor all of their ISA allowance in the UK equities.
May Unilever benefit from the British ISA.
Customers leaving in their droves. Can’t keep shafting the customer by raising prices or they will switch to cheaper brands.
Porsche, Perhaps the share price is relative to ULVR being a very poorly run woke company, nothing to do with Brexit. You seem to want to blame everything on brexit, even though it's 8 years on. Get over it.
Alessandro, you're spot on.
Porsche1946 - Morgan Stanley noted that following a stronger performance in recent weeks, Unilever now trades at 17.6x 2024e price-to-earnings versus European Staples overall, on 17.4x.
How will a European listing add 30% to the share price?
Dividend doesn’t even keep pace with inflation so stagnant share price is capital destructive. Pointless share, far better off buying short dated treasuries, zero risk 5.50pc return. If ulvr had the sense to move listing to Europe or US shares would put on 30pc straight away, U.K. index terminal since 2016 brexit vote, net outflows every year since, it’s just maths, no buyers.
None of them unless you have paid to read the full report and its context.
Have you read the yearly update or seen the webcast? if not start there
UBS raises Unilever price target to 3,430 (3,400) pence - 'sell'
Jefferies raises Unilever price target to 3,400 (3,300) pence - 'underperform'
Berenberg cuts Unilever price target to 4,960 (5,110) pence - 'buy'
Haha thanks !
Three full years of stagnant dividends now, not very inspiring.