Tom Winnifrith Bearcast: No I am not buying Red Rock or Open Orphan tomorrow or any Ben & Jerry's ice cream
San Leon Energy deals in Nigeria could come at just the right time to take advantage of higher oil prices and an easing of OPEC restrictions
If you are a big follower of the global investment markets, then it has been a busy last couple of weeks. Such is the nature of the timing of the quarterly earnings season in the US or Europe. UK listed stocks on average tend to report a little bit less frequently, although as many companies are now global players there are more and more detailed quarterly updates nowadays. Even with my typical larger cap focus, expect some fascinating disclosures from well-known UK listed names over the next five days in a bunch of different sectors. It is all good fun from my perspective.
Okay, this is only one store in a medium sized Welsh village. The one I live in. Perhaps, unbeknown to me, absolutely all of my fellow villagers spend their nights re-reading the works of Ayn Rand, brushing up on Austrian economics or on the greatest 100 quotes of Ronald Reagan and we are somehow atypical. My instincts are that this is not an unusually enlightened place. And thus in light of my article earlier in the week on #BoycottBenandJerrys and the woke hypocrisy of Unilever (ULVR) I bring you a photo from the village store.
Yesterday, I noted how the woke revolution sweeping listed companies was making the 1% richer at the expense of we plebs who just own shares. But big corporate is not only alienating shareholders with such antics but, in many cases, its customers too. Nowhere is the stench of this virtue signalling more apparent than at Ben and Jerry’s. But this saga is far worse.
I have not been a fan of consumer staples behemoth Unilever (ULVR) for a long time, most recently in December noting 'still a sell...and wake me up at/around 40 quid a share'. Funnily enough, a quid or so below this mooted share price level was the price at which Unilever shares bottomed at a month or so ago. Anyhow I’ve been thinking about the company today following the publication of its first quarter initiatives...
The next couple of weeks or so is peak earnings season for people such as myself who busy themselves with looking for opportunities across global equity markets. Whilst many UK corporate names issue only a couple of meaty earnings updates a year, the average American, European or Asian company has a quarterly earnings cycle. Thanks to the passage of time, I am less than two years away from racking up my one hundredth quarterly reporting period in what passes for my professional life and - during the last twenty three odd years - I have learnt that the key is how you react to numbers and not to focus on what they might say or even nominally if they have 'beaten' or 'missed'.
Merry Christmas Share Smirkers, but I’m not really overjoyed at the prospects of the massive household goods supplier Unilever (ULVR). The company is truly huge and should withstand any big shocks, but sales are not rocketing...
There are a lot of numbers out today but the regulatory disclosure that struck me the most was the comment from consumer staple behemoth Unilever (ULVR) that 'Marijn Dekkers has decided to step down as Chairman of the Board with immediate effect. Nils Andersen, Non-Executive Director, has been appointed by the Board to succeed Marijn as Chairman of Unilever'. Now at face value this appears rather boring but let us dig a little bit deeper…
Hello, Share Rascals. For a change, let me steer away from my topical suggestions on which shares to buy and sell in the run-up to Christmas. Because there are still big companies which are not really affected by any Yule rush to buy. One of them is Unilever (ULVR).
Back in the dim and distant past, when the issue of the prevailing weather and the stock market came up the stock that would be uppermost in the minds of institutional fund managers was that consumer behemoth Unilever (ULVR) and its significant - and volatile - ice cream division. Unilever still does ice creams (Carte D'Or, Cornetto, Magnum, Solero, Twister, Choc Ice, Super Split, Fat Frog, Feast, Brunch, Viennetta...take your pick) and no doubt it is coining it in today on the hottest day of the year so far, but that is not as influential as it used to be.
Hello Share Trouncers. We’ve already discussed the likelihood of take-overs of big British firms now that we have a low pound following the Brexit vote. An example is Unilever (ULVR) and Kraft Heinz. So now let’s look at the Unilever situation more closely.
Hello Share Takers. You’ve probably noticed that there has been a shortage of good take-over stories recently. This might put you off your guard. You might decide it is not worth holding onto a share which has long been in the rumour mill, just because this sort of deal is becoming as rare as budgie teeth.
Unilever (ULVR), the owner of branded product such as Lynx, Domestos and PG Tips, reported revenues down 6.3 per cent due to adverse currency movements. The slowdown in emerging markets has translated into falling currencies and the UK big exporters are feeling the pain. That is the main reason why the stock has underperformed the general market in the past year.
The Unilever (ULVR) share price has been dropping stone like since May. The trading statement for Q3 assisted the process, speaking of weakening growth in emerging markets. The share price, last seen was 2318p. Time to buy?
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