Member Info for goinguphigh

at last we are on the move up now that Alan Jope is no more ??

NEARLY THERE ??

Aye upwards all right ?? just crasherooed ??

and there we are 40.02 ??

even closer 39.975 ??

3982 - nearly there ??

My instinct tells me this will be back up to pre-covid 4500 in a year's time

based on -
1. moderate dividends
2. Cash rich
3. High buyer loyalty to famous brands
4 Many loyal customers still got high bank balance from saving on vacation spending and outside eating last 2 years
5. Most will ride the energy price hikes which will ease in 12 months

full year revenue reported for 2021 was £659 million, well down on pre covid levels in excess of £1,100 million
cannot see any signs of getting back to these levels for a while yet ?
Only thing going up is senior staff salaries at the mo ?

not got that much exposure to Ukraine related business , and any will probably be written off by tax reduction gain with a bit of creative accounting

I was looking at the previous year financials on this web site. Most recent year shows a modest £10million profit. So my point remains thank you very much horlety

Senior mad a loss last year of 160 million
Yet it has just shelled out USD100 million to buy hydraulics firm Spencer Aerospace

I accept they have not paid a dividend for 2 years, but I still cannot work out where they found the USD100 other than by borrowing up to their armpits ?

Maybe I am missing something

any insights welcome

take care everyone out there

Thought I heard a sonic boom - beyond £49 now and sure to be at £52 early 2021 - keep panic buying folks - 26% up post virus so far and more to come

22% up on March price - not long now before they are back to pre virus price now that multiple virus waves ensure their hygiene products keep flying off the shelves

A fantastic week for Unilever investors - now broken the £48 barrier - up 21 % since negative covid news hit UK hard 6 months ago - yipee )))^^^^!!!

Had a look at the charts driftking27, and you are so correct - " the time to buy here will be after results NOT before"

Will be monitoring price after Q3 Results in October

Thanks for your wise words

Two events promise a significant rise in price IMO :

1. Director Alan Jope purchased a bucketload of shares in June this year

2. The full impact of double digit sales increase of hygiene products will be revealed in their Q3 report due out in October

Still cheap compared to 12 month high

Best to get in and fill your boots before Q3 results released

yep , totally agree - a nice haven from miserable bank savings rates for the next few years ; and I just luv getting 4 dividends a year !

Broke the £47 barrier today - sure to continue to increase as we hit multiple second waves of the virus worldwide - yipee !.. Glad I cashed in BP and Shell 3 months ago and switch to Unilever - result - 15% gain in 3 months with more to come

up another 2% this morning , no doubt due to Spain news, etc prompting thoughts of a second wave of virus spread and thus need to stock up on Unilever hygenic products - Domestos , Jif , etc

With bank savings rates set to stay low for foreseeable future ; buying of every day consumables set to continue to increase with stay at home no foreign hols cash rich families ; plus move away from traditional oil companies now struggling with demise of petrol/diesel vehicles - I am predicting Unilever hits A 5200 price by XMAS 2020 as brokers advise clients to shift funds to this safe haven for a 3% plus dividend return - we shall see !