Member Info for andsoforth

Finals due this Thursday (17 June).

FT claims that after the split, the consumer healthcare half of GSK will go on an acquisitions spree, in particular looking for high margin vitamin and supplement supplier targets.

Activist US fund has taken a stake.

Long term holder here. Sold up today at a small loss. The future of London property is too uncertain in the medium term, as FLK have very honestly stated. I think it is time to go, and watch from the sidelines.

Jersey is a tax shelter, but PFC still paid $213m in tax in 2020. The targets here are the multi-national retailers and software businesses, not engineering companies. Impact will be minimal. Potential SFO actions are far more important.

Note this reported trade at 1639 today:
Price 207.50 Vol 461,196 Sell* 2,714.00 2,715.50 956.98k

Must be a glitch in the system. It happened with RDSB a month or so ago.

Interesting!!! "We will provide a further update on the substantial capital returns to shareholders later in the year as we make progress with the completion of the divestments."

https://www.bbc.co.uk/news/business-57247757

Your news is confirmed above, playingtheodds. I can also confirm there are shortages of plywood locally with me. As others have stated below SIG have the advantage of being a big player in the field, and may win out through their buying power. It may even allow them to stretch their margins.

Trading statement due on Thursday. Maybe more news then.

Finals due on Wednesday.

Finals due tomorrow.

"Results expected to be comfortably ahead of market expectations...current range of analyst forecasts for revenue of £77.1m-£78.5m and adjusted PBT of £10.5m-£11.1m".

'Based on unaudited results, underlying revenues (excluding vehicle sales) were approximately 51% higher than the prior year, and total Group revenues (including vehicle sales) were approximately 43% higher than the prior year. The increase in revenues year on year is primarily attributable to the inclusion of Redde since the Merger on 21 February 2020, as well as LCV rental and sales growth.'

Effectively this is actually a "steady as she goes"

A quid may not be as easily reached as you reckon. Hospitality will take time to recover, and the thin margins here mean this company will never sit on a premier rating. The PER is currently at just under 10, and that seems very reasonable to me. It has more frequently been in the 6.5 to 9 range. There is still work to be done here, but I hope were are in pretty capable hands.

I think it is just profit taking, to be honest. People are seeing far more exciting things out there, like imaginary coins. Bread and buns can push out very little adrenalin. Don't forget the price moves quite noticeably here on quite small volumes.
I only sold half, and that through sheer necessity. I think we should have a wee bit more to go here.

RBC RAISES RATHBONE BROTHERS PRICE TARGET TO 2,020 FROM 1,975) - MAINTAINS RATING OF 'OUTPERFORM'

All relevant measure up c2%. Steady growth here, and a nice yield.

Nice Q1 results from above:
https://www.investegate.co.uk/scandinavian-tobacco-group-a-s/gnw/scandinavian-tobacco-group-a-s-reports-strong-q1-results-and-raises-full-year-guidance/20210505162000H3012/

"input price inflation remains significant" they say. MCB have said similar this morning, and a profit warning is the result. Hopefully management here will negotiate the market with greater skill.