Immedia – from “successful conversion of a number of opportunities” to “contract conversions are taking longer than first anticipated” in less than 4 weeks!
Thanks to the excellent ShareProphets search functionality, I can see that I last (and initially) wrote on the international distribution company Bunzl (BNZL) last August. Within that article I also shared the useful information that apparently to 'bunzl' someone is 'to prank someone gently, randomly, and inexplicably'. Today's double-digit percentage dump by a company beloved by dividend munchers and earnest (but very boring) fund manager types is very, very out of character...
I am thankful to the Urban Dictionary (frequently a source of...insight), which tells me that to 'bunzl' someone is 'to prank someone gently, randomly, and inexplicably'. You learn something new everyday. 'Bunzl' (BNZL) is also one of the lowest profile members of the FTSE 100 and a description of its core activities - a focused and successful international distribution group providing customised solutions to B2B customers in 30 countries and six market sectors - is suitably opaque too…
Hello Share Scrapers. Already this week, I’ve brought to your notice DCC (DCC), a Footsie distribution giant. I’m so cheerful about the sector, I bring you another one which is also in the big 100 club.
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