winningstreak
28 Sep 2017
Results Results out today look good to me. H2 performance has been very strong thus making almost entirely up for poor H1 performance.Overall very respectable progress, and I like the good Dividend!ws
Card Player
04 Jul 2017
Jersey Royal potatoes Sainsbury
er the Guardian, Mike Coupe said "fresh produce had performed particularly well, outperforming the market with volume growth of 1% as Sainsbury’s cut the price of summer favourites including Jersey Royal potatoes and British strawberries. That helped boost total grocery sales by 3% compared to 0.3% growth in the previous three months."
thirty fifty twenty
24 Mar 2017
reverse take-overs?? a fascinating update from PIL!they seemed to kitchen sink results from the new FD,and debt has increased through it is easy to see there is good c/flow to come from WC.WC stock and debtors balances are 10m higher than norm so these will reverse in H2 - maybe the new FD was too focused on the kitchen sink to worry about day to day CASH flow??They confirm that CASH at year end will be < £18m so that is at least £12m CASH flow in H2.However the fascinating statement was when they said that the 'INITIAL acquisitions they are looking at have Enterprise Values up to £500m!! obviously this would transfer PIL and explains the sharp shareholder interest from Zucker.Could get interesting....All IMHO, DYOR + BoLPIL is in my portfolio
winningstreak
23 Mar 2017
H1 Results H1 Results announced today are thoroughly bad! And how can we feelcomfortable at the outlook for H2 when we have seen such a massive changein H2 without a word of warningIMO,ws
II Editor
03 Jan 2017
NEW ARTICLE: Stockwatch: Buy this share on the dips "Last December's £633 million takeover of Fyffes by Japan's Sumitomo Corporation was frustrating in that I had drawn attention to it some years before, arguing that fruit and bananas in particular were a long-term growth market, even if Fyffes' ..."[link]
thirty fifty twenty
29 Sep 2016
Re: analysis of finals at 149p hi ws,I agree the finals were solid with a decent increase in the divi.these guys have free cash flow of c.50p a share pre-tax!I was most pleased with debt reduced to 18m (< 1.3times EBITDA)they talk a lot re stability of prices so I think they have removed some volatility out of pricing and thus future profits etc... given the kent restructure was only half way through the year I think that makes it obvious for profit growth with a full year through the 2 facilities.there might be an uplift with rental or development of the kent site.cap ex will be much less next year not that the 3 sites have been rationalised into 2 sites so would expect a further fall in debt to below 1x EBITDA by this time next year....it looks a decent bet for the bottom drawer with strong CASH flow, low debt and a 5% divi!was surprised they did not highlight pre-exceptional EPS in the highlights today...think it will take the investment mags to pick up on the 25p+ EPSand I suspect subsequent price riseAll IMHO, DYOR + BoLPIL is in my portfolio
winningstreak
29 Sep 2016
EPS Results announced today (see RNS) look very good and very assuring.When taking out the one-off exceptionals, we have EPS coming in at a good 28p. This figure is likely to rise to 30p+ this year, thus putting PIL on a forward PE of just 5 at current share price 152p. And there is this nice chunky dividend, going up, and likely to continue to rise. Expect the share price to rise substantially in the near term.I topped up today, intend to hold long term. Cheers,ws
winningstreak
07 Sep 2016
Broker forecast? Can not find an up to date broker forecast. Can anyone help?ws
thirty fifty twenty
12 Aug 2016
Re: 5% yield and more positive great that you've bought in w/s.doubt if it is one that will ever have an active BB!thought the formal results and divi news on 29th Sept might catch others' eye.happy to be holding for the longer term as very likely Better Than CASH.
winningstreak
11 Aug 2016
Re: 5% yield and more positive Thirty - If it is of any comfort to you, I bought this morning - for long term hold.Like you, I like the dividend. And I am pretty sure that, overall, the Company is on an excellent growth path..ws
thirty fifty twenty
11 Aug 2016
5% yield and more positive a decent RNS from PIL today.I'm not totally convinced by the company as yet....they are market leader but pricing power given to the under pressure supermarkets,so future growth all about how they acquire etc...in addition there is the volatility of crop.that said I think mgt are capable and it might be a classic small cap business that over a 10 year period will show growth but not in the straight line format we all like to see.I have taken a view that they will be large business in 10 years time,and in the meantime a 5%, and growing, yield is better than money on deposit.don't think it will ever be the best performer in a portfolio but happy as a SIPP income stock.any other thoughts out there...All IMHO, DYOR + BoLPIL is in my portfolio
mcescher
28 Mar 2016
Good analysis report on PIL Produce Investments is looking undervalued on this report IL" target="blank" rel="nofollow">[link]
winningstreak
16 Mar 2016
Re: H1 Perhaps you might like to take a look at Inspired Energy (INSE). ws
Tenobas
16 Mar 2016
Re: H1 I am willing to overlook the restructuring and the product recall.For me the issue is that this does not seem to be a growth prospect and therefore the P/E is not compelling.Is it worth it for me to spend time looking here?
winningstreak
16 Mar 2016
H1 H1 Results (see RNS) are o.k. although the costs associated with the closure of theplant in Kent have seriously harmed profits. Then there is still the outstanding matter of costs (yet to be defined) of the product recall, which is going to hit H2 profits. All in all, I currently feel uncertain about this Company, It would help to see a robust outlook statement.ws
