barleycorn
24 May 2018
Re: Final Results On your chart reading, let's see how volume is at the end of the day.
FRTEB
24 May 2018
Re: Final Results A very good result for those who relatively recently bought in at much lower prices. Well done. That would be a very profitable trade - assuming you sold and banked the profit. But as a long term investment... as I said in my previous post, "the long term chart for TATE concerns me". It still does. The recent recovery in the share price and today's rally following the results takes the share price to the very top of the descending channel, which it touched on today's high at 653 before backing off to 638 as I type. A break out above 653 would be good for the bulls but at the moment that descending channel is still very much intact. Be careful and good luck.
wuffet
24 May 2018
Re: Final Results Hi HardboyYes great results from Tate & Lyle but I noticed pension surpluses are not that rare. Amongst companies I keep an eye on we have just this week had M & S, and Dairy crest with surpluses and recently Morrisons, Rolls Royce, Senior, William Hill, Marshalls, Morgan Sindall and Premier foods all announcing surpluses with their results. It's amazing what a slight adjustment in your assumptions can make to your pension defecit/surplus!! and if rates don't go up so quickly it will be very important to make those beneficial adjustments. good luck
Hardboy
24 May 2018
Re: Final Results I'm pleased too.It's seldom good to see turnover easing back, but (as the saying goes) turnover is vanity, profit is sanity; and profit is the most important thing to concentrate on.I like the forward looking statements about growth accelerating, though I'm a bit vague on how it's going to happen short of "working harder & smarter, and maybe buying something.)" Anyone can say that, and shareholders take it as a given. And, did my eyes deceive me, or was there that exception rare thing: a pension surplus?
Uncle Doug
24 May 2018
Re: Final Results I like "Looking further ahead, as our three programmes gather momentum, we expect growth in earnings per share to accelerate, organic return on capital employed to improve and strong cash generation to support our progressive dividend policy."Very good results and much more positive vibe than downbeat wording of trading stmt released last February. Rises in PBT, EPS, divvi and the low £ will help - what's not to like? Brokers will be re-rating in time. Back to 700p soon should be easy enough.
EssentialInvestor
24 May 2018
Below £3.50 a share ... That's a No now Unless something cataclysmic happens with NAFTA.£3.50 x 2 = £7
EssentialInvestor
24 May 2018
Tasty - the bears were wrong ) Looks pretty good to me.
idontwanttolose
24 May 2018
Final Results Looks like Tate have got hold of their business and their final results make for interesting reading[link] 2% drop in sales 23% increase in profit Profit before tax (PBT) 286 233 23%significant drop in debtNet debt - at 31 March 392 452 Dividend per share 28.7p 28.0p
Hardboy
22 May 2018
Re: 600 Let's see what Thursday brings.
EssentialInvestor
22 May 2018
Re: 600 Clear of £6 atm, although TATE does move around intra-day!.
Hardboy
18 May 2018
600 It can't make up its mind whether 600 is going to be a support level or resistance level.
EssentialInvestor
01 May 2018
Re: Motley Fool Recovering from the recent lows, FX now helping.
nk1999
30 Apr 2018
Motley Fool From HL:"Tate & Lyle plcSell: 574.20 | Buy: 574.60 7.80 (-1.34%) Ingredients and solutions supplier to the food and drinks business, Tate & Lyle, has historically had a volatile bottom line. Due in part to the nature of its business and the impact of commodity prices on its margins, the company’s earnings have rarely offered a smooth, upward trajectory.However, in the long term, the company could generate strong performance. It seems to have a solid strategy that could help to boost its financial performance, while also ensuring that dividend growth is above inflation in future years.With a dividend yield of around 5.3% and a dividend coverage ratio of 1.6 times, Tate & Lyle appears to offer a sound income outlook. And with its price-to-earnings (P/E) ratio of 13 being historically low for the company, it could offer upside potential at a time when a number of its index peers may be starting to look overvalued after the FTSE 250’s capital growth of 43% in the last five years."
EssentialInvestor
16 Apr 2018
NAFTA Mood music appears to be more optimistic around a successful renegiotion, hopefully!Unfortunately at the same time cable today at 1.43, TATE being a major USD earner.
EssentialInvestor
09 Apr 2018
Low may be in? Risk/reward looking reasonable (ISH) perhaps.Just IMV, as always.
