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BPC - Burns Philp and Company

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Re: Burns philp....BPC

THERE is also the problem of a shortsell...6 million shares..the broker who did that will have to work hard to deliver..may loose a lot of money as this stock is now respectable through the aquasition of Goodman Fielder..and going down a lot..maybe ,but I feel its up ,the brokers recomendation is $1.15...and that has not altered... :2twocents
 
Re: Burns philp....BPC

Hi Chicken,

I have run a value model for this company and the result is that the "correct" valuation for this company is $0.68.

It is interesting because I think there is potencial here but there are a lot of people selling this stock and I do not why?

Regards,

WBII
 
Re: Burns philp....BPC

Valuation...you mean asset base..big difference, I am not sure if you are trying to be smart, it will not work the brokers recomendation are $1.15....see what they earn...if you sold short well it will cost you because Mr.HART owns 52%...not only that he is a personal friend of MR,Watson who happened to be also a Billionaire who could privatise this company..you just dont know ,as I said this company will supprise and what you are posting is no relevence to the share price...they have got 16000 emploees...which other company in Australia employs so many people except the big ones and Goodman Fielder happened to be a very large concern..dont go short you may regret it..I certainly would not ,thats for sure..this share price will be about the same as Goodmann Fielder was I say about $1.50...see what they sell and see their earnings..what other concern came back from the brink..they are making $$$$$...forcast is for $359million for the full year.. :2twocents
 
Re: Burns philp....BPC

You mentioned a lot of people selling...well there is a lot of people buying..I just feel you are trying to play..well play I trade..thats the difference :2twocents
 
Re: Burns philp....BPC

You mentioned correct valuation...what would you understand about that have you ever heared of GOODWILL..that comes into the equasion...they said they had 69c..in cash...if you know the valuation well you must be a smart trader...its the profit you generate and the product you sell is important not the money you hold in cash...as I said sell if you want to buy if you want to but you cant have it both ways I bought..like my ZFX which I have been recommended when they were $2.23..now $3.18..and also going up...BPC...will also reach its goal...this is NOT the OLD BURNS PHILP..but a very dynamic company..they fired 300 managers in the last 12 months passengers are not wanted..with MR HART you got to give 100%..so go back and study a bit more you certainly are barking up the wrong tree believe it..there is not much I dont understand about MR.HART..but he be one of the smartest negotiator I have come across..he w2ent from ZERO to HERO in that company..its just people like you who DONT KNOW what they are all about I know and who cares who sells..but there is a questin of 6 million shares a dummy sold short, and he will bleed...I dont feel sorry for that trader or broker..he just got it wrong ..right :2twocents
 
Re: Burns philp....BPC

Hey guys....new here, very much into shares but don't have a great technical knowledge to support my trading. I guess what I'm trying to say is I'm here to learn :)

My question regarding BPC (which i bought around 59c), is what's the go with the 6-million short-sell. Can you explain the term/significance in the case of BPC?

Cheers,
Rich
 
Re: Burns philp....BPC

SHORTSELL..Is a term used by brokers who sell shares they dont have hoping to buy at a lower price for delivery...one way of going broke..if the share price keeps going up the trader or broker has only limited time to deliver stock which he sold but did not have so he has to enter the market and buy these shares at market priced..thereby fulfilling his delivery obligation..those 6 million shares were sold but the trader had no shares...one way of loosing a lot of money..sometimes it works but when it does not look out...it costs you the seller :2twocents
 
Re: Burns philp....BPC

Hi Chicken,

It is alright, I understand your point of view, as I said before I see potencial in this company but at the moment I see a big brick :banghead: of selling happening around 98c, so why would someone buy this share just to seat and wait?

I could be wrong and tomorrow the price could jump over $1, so for now I am getting good return from other sources and soon as I see some movements I will jump in but I do not see anything happening soon.

they fired 300 managers in the last 12 months passengers are not wanted
Click to expand...

Additioanlly, reading your comments I found the one above more in the risky side than in the safe side. If you said bye to 300 of your manager that already know the business, how long do you need to get the new 300 to know the business?

WBII
 
Re: Burns philp....BPC

I THINK, you find GOODMAN fielder needed cleaning up the managers needed fireing as they created work and expenses something of the order of $200 million and managers are diam a dozen there are enough bright people who can do the job asked MR HART he knows how to get 100% out of people...I have managed businesses and its easy to create the managers you want..THEY DO IT MR.HARTS WAY OR THEY ARE OUT THE DOOR..it works a treat believe me..the old school tie forget it..this is the new way of running a business...its the workers he did not fire..he gives incentivese to them and they love him...he has turned this company on its head..I AM an old shareholder of GOODMAN FIELDER..AND i always knew they needed someone like MR HART to bring this company back so the shareholder got a quid NOT MANAGEMENT...THATs what I LIKE about this situation...he certainly has done the right thing...for the shareholders...and workers...its like oil...you need food...managers are created through good covenance and if you put a spoon in a cup you see how far the water rose...well thats how much a manager is worth..workers are the important part..managers are just supervisours..to see that its done right...can easly be taught..and MR HART managed BURNS PHILP WITH 28 managers...so what do you need 300 managers who for the most of the created nothing...If the truth is known 50 would have been plenty..after all MR HART knows he started as a panelbeater became a printer and the studied and got a proper degree as a ACCOUNTANT..so these are his qualification for the job..he owns 52% of THE shares of BURNS PHILP..NOT BAD FOR SOMEONE WHO STARTED WITH NOTHING 30 YEARS AGO :2twocents
 
Re: Burns philp....BPC

well, I said it will move who did not believe that..something could also been up have not worked it out...but forward and upward..its happening.. :2twocents
 
Re: Burns philp....BPC

Technical update.
 

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Re: Burns philp....BPC

Intresting development...NZ DAIRY company who is owned by Rankcorporation..who is owned by MR G HART..is up for negotiation..just read it in the NZ paper on the computer..It says MR.G HART will perhaps take the profit..bought for 60 million dont quote me I think those were the figures and its valued now at 600 million dollars...plus...MR G HART just cant help but make money...they distribute the anchor brand in NZ and world wide...now what would he do with that much cash in his back pocket...maybe buy out the shareholders in BURNS PHILP...or use that for our next big purchase intresting thought dont you agree..as the share price started moving intresting developments are taking place...we may see something soon in the finacial times here not bad for a man who started his career as panelbeater now a fully qualified accountant..and BILLIONAIRE :2twocents
 
Re: Burns philp....BPC

Intresting development...this morning on channel 7...on shares BURNS PHILP had the endorsement by brokers...and was at 8.15 am...its a BUY..as I said before I like it myself I bought shares,,its cheap at $1.04...should be around $1.50...make your own research..also they said its a defensive stock..this group is coming alive because its still UNDERVALUED... :2twocents
 
Re: Burns philp....BPC

A few shares sold and bought today..will steadily climb...lots of action to come, Brokers are now recomending to get into this stock..could also be in line for a takeover as it is Australias biggest food manufacturer :2twocents
 
Re: Burns philp....BPC

Intresting read on Mr.G.Hart...his dairy company may be sold to Miguel..if he does not get the food company in Ausie...well he might even go for us BPC..he has got the cloud and the BANKERS behind him...read all about it on www.stuff.co.nz Mr.G Hart who is worth 1 to 2 billion could retire and go fishing the rest of his life not bad for someone who started his career as panelbeater now Qualified as ACCOUNTANT...he went from zero to hero in Australia..keep watching this share as supprises are in store... :2twocents
 
Re: Burns philp....BPC

Looks as if this is now going to happen..read my last post..I wonder what will happen to us as G HART owns 52% of BPC...intresting developments taking place... :2twocents
 
Re: Burns philp....BPC

Intresting article in the NZ HERALD....MR.Hart now a highly respected businessman in Australia..MORE FUNDS ARE FOLLOWING HIM INTO bpc...DEBT REeduced to a managable level...and he will be making as much as 700 millon on the sale of Diary assets...food is getting an intrest now...after talking to my broker...$1.50... very possible... one to watch..will not fly up as ZFX did but a steady earner with potential..will steadily climb...I have got 100k shares so every 1 cent...is $1000....more bought in at 87 cents....but a share for my retirement.....also a possibility of takeover if Mr.HART sells his 52%...as he would then be worth $2 billion dollars...not bad for a person who started his lifes career as a panelbeater...now fully qualified Accountant...to Otago University...he may want to get bigger or sell out eitherway its a win,win situation for BPC shareholders....BPC made $205 million for 6 months...should finish up around $430 million profit for the year...one to watch...chicken
 
Re: Burns philp....BPC

Well,it looks as if MR.HART has done the deal re his dairy company $700 million coming his way,with MIGUEL the philipine business man who is in the run for the foodland business in Australia....he may even look at BPC...as it fits into his business empire...BPC...is now ,due to the merger with GOODMANFIELDER the largest food manufacturer with turnover of $3.5 billion and profits of $400 million...my prediction are bearing fruit...or Mr Hart..will buy more of his stock as the company is going from strenth to strength..depending how it pans out my feeling is the stock will appreciate sooner than later..as buying should start in this stock, its a defensive stock if the market came back...I am invested in this company and holding 100k shares....my target $1.50......any comments
 

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