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They only have to update markets on trading if there is a material difference from their last update. Therefore, you can assume the optimism illustrated at their interims should show through. But I hope we get a pre close update next week.
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.
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.
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.
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.