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Another crack at £3?
did test £2 a few years ago
Wynnstay Group Chief Executive Officer, Gareth Davies and Group Finance Director, Rob Thomas present final results for the year ended 31 October 2023, followed by Q&A.
Watch the video here: https://www.piworld.co.uk/company-videos/wynnstay-group-wyn-full-year-2023-results-presentation-febuary-24/
Or listen to the podcast here: https://piworld.podbean.com/e/wynnstay-group-wyn-full-year-2023-results-presentation-febuary-24/
Thursday, 1 February, 1:00pm
Gareth Davies, Chief Executive Officer, and Rob Thomas, Group Finance Director, will host an online presentation of the Company's results, followed by Q&A.
To attend, register here: https://bit.ly/WYN_FY23_results_webinar
Bought @ 340p. Quite happy to tuck away for a few years. Will buy more if sp dips below £3, but no idea if that's likely. Seems to be support at 325 of late.
I expect £3 to be tested, and sub £3 to be sweet loading opportunity
A little bit of buying here
So it was wet/bad harvest
not surprising if you live in the country lol
the real glitch here is management
the sp has tested sub £3 before, and, if another substantial shareholder gets fed up, who knows how low...
This is almost that extraordinary oddity (a profitable net net)
I have some questions around competence of management, but its dominant position in a pretty secure sector (I guess with some political risk if a land tax is introduced) makes justifying this low sp tough imv
Yep seems a few agree with my view. Some bottom fishing buying interest this morning. Price hasn’t moved yet but I’m confident that will change.
Where do you get that from jolly? Nowhere have I read universally bad. My research indicates a largely satisfactory harvest though not spectacular (within five year average) The only crop which seems to below average is oilseed rape
https://www.premiernutrition.co.uk/harvest-2023-update
https://www.fwi.co.uk/arable/harvest/wheat-yields-good-but-doubts-on-quality-for-2023-harvest
https://www.fwi.co.uk/arable/harvest/harvest-2023-some-good-oilseed-rape-yields-but-most-are-down
https://www.agriland.co.uk/farming-news/harvest-2023-grain-harvest-coming-to-an-end-ahdb/
Wynnstay have a number of strings to their agricultural bow so I’m moderately hopeful.
I reckon a very bad harvest is already in the price so for me the SP is good value.
Yes, ?bad/wet harvest
Well £4 def wasn’t the floor but this now looks v cheap so I’ve added some more …
12-Oct-23 12:09:28 366.24 2,000 7,325 O
Trading Update for year next month.
Have to agree with you there jolly. Picked some up this morning @ 4.06. Great price and decent dividend thrown in too.
My SP target a little more modest than yours but I still see at least 20% upside from here.
Surely the upside here is much more likely than much further downside?
£4 seems to be developing as a decent floor
tp £6
Wynnstay CEO, Gareth Davies, and Finance Director, Paul Roberts present interim results for the six months ended 30 April 2023, followed by Q&A.
Watch the video here: https://www.piworld.co.uk/company-videos/wynnstay-group-wyn-interim-results-presentation-july-23/
Or listen to the podcast here: https://piworld.podbean.com/e/wynnstay-group-wyn-interim-results-presentation-july-23/
Wynnstay, the agricultural supplies group, will announce its interim results for the six months ended 30 April 2023 on Monday, 3 July.
Gareth Davies, Chief Executive Officer, and Paul Roberts, Finance Director, will host an online presentation of the Company’s results on Friday, 7 July at 1.00 p.m. Management will discuss the Group’s first-half performance and outlook, and there will be a question-and-answer session at the end of the presentation.
Register here: https://bit.ly/WYN_H1_webinar
This looks a absolute steal
again
£4 wd be v close to sweet spot of profitable net net
Something odd going on here. Significant fall in the month before results, and keeps sliding. Not just following the market - we're down even on market up days.
Went through my stop loss on opening, so I'm out.
Wynnstay CEO, Gareth Davies and FD, Paul Roberts present the final results for the year ended 31 October 2022. They were record results and Wynnstay are well-positioned for FY 2023.
Watch the video here: https://www.piworld.co.uk/company-videos/wynnstay-group-wyn-full-year-2022-results-february-2023/
Or listen to the podcast here: https://piworld.podbean.com/e/wynnstay-group-wyn-full-year-2022-results-february-2023/
Friday, 3 February, 12:00pm
Gareth Davies, Chief Executive Officer, and Paul Roberts, Finance Director, will present the Company’s final results for the financial year ended 31 October 2022 in a live webinar followed by Q&A.
Those wishing to join the presentation can register using the following link https://bit.ly/WYN_FY_results_webinar.
is a p/e of 10 more reasonable?
tp 450p
well done... I will also vote against them at next agm just to make a point - fortunately voting is easy on ii.
Positive trading up date but highly conscious of inflationary pressures, which will increase costs for the business, farmers, and the end consumer. Given the significantly uncertain macroeconomic background, the Board therefore believes that it is prudent, at this stage, to leave its expectations for the next financial year unchanged.
Disgraceful treatment of PI shareholders by Wynnstay directors with a diluting fund raise for institution only.
Bad bad stain on Wynnstay and the CEO / FD / Chairman need to be held accountable .
Sent them this which will clearly have no effect, this is really not acceptable .
Dear Wynnstay Shareholder Communications
As a shareholder with a not insignificant amount invested in Wynnstay I am utterly dismayed with the fundraise you announced today that notably excludes PI.
This is pretty disgraceful and shows contempt for your shareholder base by effectively diluting our shareholding for the benefit of institutions .
I am seriously disappointed as I had thought that Wynnstay senior team was respectful to its shareholders .
I only invest in Companies that have a senior team that treats all shareholders alike and does not trample and effectively sell its PI short at the expense of institutions,
Shame on your CEO / FD and Chairman and I will be making my views known to other shareholders
Totally unacceptable and at a minimum you owe me an apology for giving away my Money to institutions who already have enough
I will be attending the next AGM and will make my feelings known in person to attendees (unless I sell out in disgust beforehand).