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Technical Analysis.

So what was wrong with those? It looked like good steady growth, with everything moving in the right direction, and an undervalued rating by all conventional measures.

Me12345 "Think you will see steady return to revenue growth and profits going forward"

Just read the salient (hopefully I got them all) bits of the finals; and it appears you are spot on. The numbers are far from great but their comments about Q4 & the star of this year suggest good times are returning. I expect the market in its current negative mind set to send the sp down today in response to the numbers, but I hope things should slowly recover thereafter, and in 3 months when they update us again I'm optimistic that we'll start to see a real recovery.

Clued,

"Has it been signalled at all how the Ice Cream Division will be separated from the rest"

It would have been quicker to read the RNS and get your own answer than wait for someone to respond.

In short, no

My guess is announcing it in this way they hope will drum up some interest from someone to take it over. I know plenty of people who would love to run an ice cream busi9nes, but none with a spare £12b. A demerger is currently favourite. So shares will be split between Unilever and a newly names Ice Cream business and shareholders will get shares in each.

5% as you're not replying to someone else's post, and don't say who you are addressing, apologising for being rude is meaningless as no one knows who you are talking to.

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.

Yes, they've gone through some tough economic times which are continuing, but they seem to have done the right thing, tightened their belts and got ready for changes in the market. This investment in the past couple of years has not helped me financially, but they've impressed me the way they've managed. and the purchase of Marley, may yet be a great move.

Went up today.

No idea. sometimes small moves in the share price get picked up and exaggerated as all the technical traders see a trend develop. Finals next week will tell us what's happening.

If this product has been round since 1959, as one poster informed us, and this is the first case against it, It is hard to believe there is any merit in it. Also, knowing how stringent FDA approvals are, I can't imagine if a product had some known risks, it could be sold without those risks being documented on the product.

I'm guessing of course, but it just sounds very unlikely that the verdict is correct.

"This case, and others like it, exclusively involve products used under the strict supervision of neonatologists"

If that's the case then surely it is the prescribing neonatologist who is at fault.

Surely this merits an RNS.

Presumably this baby formula is well used. If this is an isolated case it suggests the case is flawed. But knowing what litigation is like in the US everyone who's used the formula and does not have a perfect child will be suing too.

Not a good situation.

5% - another factor in price movements is that more and lore people use technical analysis to trade (including professional investors). Personally analysing charts for me can only tell you where you've come from, but as more and more people use it, there can be a self prophesying success to it. anyway the point I'm tying to make is if people invest in momentum, the chart has got to start going up before these investors invest. So people like me read the results, and invest on my interpretation of them. If the results are good folk like me hop in, the share price starts to go up, some people take a profit, the price pauses, brokers & journalists have their say, if positive, people take note and invest and the share price goes up, then the technical traders see a trend and hop in too.

That's all very simplistic, but hopefully it explains why it can take days or even weeks for the share price to react to positive news.

Fishy: "For what it's worth the market sometimes works in a totally illogical (to me) way."

John Maynard Keynes, top economist from pre WW2, said, "Markets can stay irrational longer than you can stay solvent." As true now as when he said it.

No, Lord, I don't hold Ramsdens, and have never looked that closely at them. They had been on Business Live on Sky News a few weeks ago and were very bullish there. .

5% - I've never found a good sauce for all broker recommendations on a share. Yahoo gives a summary of how many brokers say, Buy, positive, neutral, negative, sell. Sharecast gives some too. But I can't really help there. I'm sure there is one.

Lord, good post, good analysis. I don't mind a small increase in dividend. They are investing heavily in their stores and pledge book, which should lead to bigger profits in the future. (I have argued, occasionally, that any company with debts should not pay dividends. Lending money to pay dividends is stupid, but of course it is not that simple.)

The main uncertainty is how effective this increased level of investment will be in increasing margins and profits. They are taking on more debt than they have traditionally held, so it had better be worth it.

5% - if you are seriously asking why on good news a share price does not zoom up and stay there, rather than inching up gradually. There are all sorts of reasons. The share price goes up when more people want to buy at the price than sell. Once a share price goes up there are some people who will sell to make a quick profit, bringing the price down. Professional analysts have a look at the announcement and give their verdict, That come a day or more later. Some punters wait for brokers' to say buy before they buy. Professional investors take longer over decisions.

And of course Keynes said, "Markets can stay irrational longer than you can stay solvent."

Just had a quick skip through them, so may have missed things, but they look good.

Income up 13%, Operating Profit up 43%, Dividend up 13%, Pledge Book up 28%, FX income up 11%, EPS up 31%, NAV up 8%, Return on equity up, on line sales up 65%.

Retail was only up 8%, and margins reduced, so probably the main semi-cloud. But it sounds like this has picked up a bit since new year, and a lot of businesses would be happy with 8% growth in sales.

Obviously the spend on new stores and refurbishments is draining resources, but the indications are that this will pay healthily in the future. With a debt to profit ratio of around 1 it is still manageable by most theories.

Surely this will push the share price up. EPS of 48.5. For a company growing sales & profits well into double figures to have a PE of under 10 is ridiculous. To have a yield of around 5% when committed to a cover of 2+ is also very cheap.

Let's see what Mr market thinks (I'm sure he loves disagreeing with me just to upset me!)

Thanks for that. I looked on the website but could not find it. I try to keep track of shareholders, and some of the %s I quoted may be quite old - the last time I'd seen an RNS about the shareholder's holding.

A lot of Private Investors - ith HL & II up there.

Ownership is mainly British individuals and funds. Ocean Infinity who recently bought nearly 9% is American. 2 Black Rock Funds each have over 6% of the company. I believe Simon Rogers the chairman is the largest shareholder with 11.7%.

So no obvious links with Israel. The Houthi Rebels could benefit from SRT's technology so they could identify what vessels they were firing at.

But any sort of major naval disruption like this (or the Sudanese Pirates) should help SRT. The more authorities can identify and track vessels the more secure their vessels and waters can be.