DulchieLaois wrote: » I have some shares given to me as a gift, yet, I wouldn't be up to date on their overall structure of the company. Can some kind folk give me a few pointers about this company, thanks
cute geoge wrote: » Does anyone have insight to the slide in glanbia plc share price considering kerry are trading near an all time .They have drifted under €14 today are they worth a punt at that considering we have heard no profit warnings?
littlevillage wrote: » Share price back up to €14.34 now. Soo last few days may have been a blip and the Share price seems to have plenty of support around the €14 mark ... If you believe analysts the shares should be trading around €16 so 12% profit there straight away if that ever comes to fruition. As I mentioned in my previous post, a takeover (or even takeover speculation) is where the real gravy will be and the price for Glanbia will be around the €20/share mark. (approx 40% premium on where they are at the moment) My reasoning for takeover is .....up until now, no international food group wanted to touch Glanbia because it owned a not very profitable liquid Milk business and was majority owned by a Milk CO-OP that hampered decision making. This is no longer the case, the Milk CO-OP are now minority shareholders and Glanbia is no longer in the liquid Milk business, its solely an ingredients company but still trading at a low-ish P/E ratio of 20 (compare that with Kerry Group which trades off 30) and thus very attractive for a takeover.
socorobo wrote: » Which analysts? Genuinely curious where you might get that level of market analysis
cute geoge wrote: » :(Down again today they look good value now to buy !!! Am i missing something ,will annual results be out end of this month and has anyone heard anything???
littlevillage wrote: » But this of course is true of any Euro company that does significant business in the US....why Glanbia in particular are getting a kicking is still unclear.
littlevillage wrote: » Just came accross an article where Glanbia updated the market at the beginning of Jan regarding earnings forcasts which will be -4% on forecasts for FY18 and -6% for FY19. No effect to FY17. Thats actually a substantial enough correction to future earnings, but it wasn't well reported. That I think, has been the primary driver of the fall in the share price and not Currency worries (which I had previously suspected). I'm still quite bullish on Glanbia and have bought in at various prices around €14-€15 over the last few months, but I won't be buying anymore until the results come out in Feb.
Gatoh wrote: » What the heck just happened?!
Gatoh wrote: » Share price going up , nice! Anyone know what is the reason behind that ?
littlevillage wrote: » Glanbia Share Price motoring along nicely...up 15% in four weeks... we might even see €17 in the next few days? this is despite Stock Markets around the world basically sh**ing the bed in the same period. I wonder is there something going on? take-over talks etc. ? or is it just that Food is a safe haven in times of volatility. I noticed the short sellers have layed off Glanbia since start of Nov. could it just be that simple? I already sold out a bit of my shares myself ....as my average buy price was down in the €13's so 20% profit ..thank you very much Ms Talbot :-)
cute geoge wrote: » Is 20% profit what you aim for and when it hits this target you sell?? Rinse and repeat ,wait for this share to drop again and dive in at a low point
Earnshaw wrote: » Looking to buy Glanbia Co-op shares. Has anyone done this?
cute geoge wrote: » You can not buy shares in glanbia co op unless you are a farmer dealing with the co op
