Australian (ASX) Stock Market Forum

BPC - Burns Philp and Company

Re: Burns philp....BPC

its finaly..breached the 90c...and now its towards $1.15...I sound like Ronald Trump...he said on TV..man I am good..LOLOLOLOLOLOI :2twocents
 
Re: Burns philp....BPC

Well, BPC even suprise the forcasters and came in better by $10million $$$$ it was all in the shares magazine before XMAS..so it paid me to read about what is likely going to happen...there is still at least 40%..in this share or even more depending what they are wanting to buy...Mr.Graham HART came from Zero....to hero status in Australia..and I say job well done....we may even see a div..in the near future and the debt they have of $700million is now very managable...we may even see some other company wanting to buy them,...after all BPC..is Australians largest food manufacturer...And there are some companies looking at Australia..pay enough money for Mr.Harts stake and a takeover is a great posibility he owns 51%..of it so we may get some more supprises jet but all positve for BPC..and for us shareholders..read in my posts who Graham Hart is..I feel $2 could be a possibility...they have got 16000 staff..a big operation...read their last report its all there :2twocents
 
Re: Burns philp....BPC

BPC..hitting $1...on its way to a higher price..Mr Graham Hard certainly showed the market he can pull it off what ever he puts his mind too...they are on an acquisition trail..maybe they will be taken over but knowing Mr Hart..he is a tough customer he has something up his sleeve..maybe they are looking in aquireing some business from Pamelat..possible.. I know that when he managed Whicoulls...his share price went from 30c...wait for it, to $24 DOLLARS..so what I read,it said that BPC will supprise..after all 7 years ago everyone thought they will go under...just the opposite occured..its getting stronger by the year...they are Australians largest food manufacturers and my favourite UNCLE TOBYS...good buying at these levels :2twocents
 
Re: Burns philp....BPC

STILL going along niecly...lots of buyers and lots of sellers...doing their 1/2 cent shuffle, read their report..they are looking for aquasitions..and knowing MR.HART...when he moves all hell will brake loose with the share price...I am just waiting for it and the CEO said they are looking....this share price will supprise as he has a big NZ following...and he is a champion dealmaker..believe it....The BANKERS LOVE HIM, BECAUSE HE IS JUST GOOD WITH WHAT HE DOES ,NZ only public billionaire..he owns 52% of BPC...he bought BPC as high as $2.30...and knowing MR HART he wants it back near that mark.. :2twocents
 
Re: Burns philp....BPC

chicken said:
The BANKERS LOVE HIM, BECAUSE HE IS JUST GOOD WITH WHAT HE DOES ,NZ only public billionaire..he owns 52% of BPC...he bought BPC as high as $2.30...and knowing MR HART he wants it back near that mark.. :2twocents


:) $2.30 uhmmm :rolleyes:

1) 0.3 million profit in 6 months
2) sales down by 300 millions from last year
3) They improved some profit from money on the sale of businesses 774 millions.

I hardly can see them closing to $1.00.

Regards,
 
Re: Burns philp....BPC

yeah, thats your oppinion but 7 years ago what I SAID HAPPENED..YOU ARE A SCEPTIC BUT THESE ARE FACTS ..WHICH HAD HAPPENED..I KNOW the facts you apperently dont..DO you understand the business we are talking about I bet you dont I have followed the man career and asked me and you might learn something..its been to $1..so where is your problem..I bet you dont know the product range they also turn over $500 million in NZ..so before you say anything read some reports on the subject and what I POSTED are the full facts..read their last report and you may find what I SAID ,IS SO..GOODMANFIELDER which is owned by Burns PHILP..IS THE BUSINESS..I FEEL you should sit down and read before you post..this share will supprise you better believe it speak to a broker he may tell you how this company reinvented itself..there is a saying in AUSTRALIA..MR HART...CAME FROM ZERO TO HERO STATUS ..he invested once 200 MILLION DOLLARS..WHICH WENT DOWN TO 3MILLION DOLLARS WHICH ARE NOW WORTH 1.3 BILLION...he controlls 52% of shares in the company so if you dont know well asked :2twocents
 
Re: Burns philp....BPC

Also I MEANT TO POST THEIR PROFIT THIS YEAR WITHOUT THE business which they have sold will come in for the full year at $365million...so go back to the report and reread it you may find you missed something :2twocents
 
Re: Burns philp....BPC

Chicken, I appreciate your contribution to the forum, you're definately an asset to the community and your exhuberant style is enjoyable, however, you don't need to type in caps all the time.

Caps means your shouting; it makes it very difficult to read easy. I understand you really want to get the weight of your point across, but the best way to do that is backing up your arguement with fact and research - something you've also proven your willingness to do.
 
Re: Burns philp....BPC

Its that new computer key board which I am trying to get used to,,,sorry about using capital letters :2twocents
 
Re: Burns philp....BPC

chicken said:
Also I MEANT TO POST THEIR PROFIT THIS YEAR WITHOUT THE business which they have sold will come in for the full year at $365million...so go back to the report and reread it you may find you missed something :2twocents

Chicken,

Look, I am not interested in this kind of companies, maybe you are right so I hope you have a happy investment.

Regards,

WFII
 
Re: Burns philp....BPC

Its trading around $1 now and rising....Buffet you said you are not intrested in a company such as this this maybe so but a lot of people are they are turning over $3.6 BILLION so its Australian largest food manufacturer..with a hugh upside believe it... :2twocents
 
Re: Burns philp....BPC

chicken said:
Its trading around $1 now and rising....Buffet you said you are not intrested in a company such as this this maybe so but a lot of people are they are turning over $3.6 BILLION so its Australian largest food manufacturer..with a hugh upside believe it... :2twocents

3.6 Billions :rolleyes: today?
 
Re: Burns philp....BPC

I said their turnover...what they sell per year is $3.6billion in merchandise...I hope you understand what I say...they got on memory 2.2 billion shares and MR HART owns 1.2 billion shares....you are right their they are valued by the market at $2.2 billion..... :2twocents
 
Re: Burns philp....BPC

chicken said:
Its trading around $1 now and rising....Buffet you said you are not intrested in a company such as this this maybe so but a lot of people are they are turning over $3.6 BILLION so its Australian largest food manufacturer..with a hugh upside believe it... :2twocents

Chicken,

I have been reading about this company and I have a couple of questions for you:

Why did they sell the Tone Brothers, Inc. and the Yeast and Bakery Ingredients Group?

Have they ever paid any dividends to the ordinary shares?

Regards,

WBII
 
Re: Burns philp....BPC

As I understand it from Graham....they sold because they wanted to concentrate their efforts in the Pacific region and Goodmanfielder presented the opportunity to do just that,,their return are better on the sales in %..and the yeast and Spieces did not return as much as their present business..Goodmanfielder will show a profit of $359million..there abouts..whereby by selling the herbs and spieces..and yeast business they could free up money which would be better served eg. UNCLE TOBY..they are producing a wider range of products with a better return in profits %..re dividents Goodmanfielder used to pay 7c a share and we should see a divident being paid within the next 12 months..after all Graham needed the time to revitalise this company...he is a fully qualified Accountant..his degree is from Otago university..he started his career as a panelbeater...and he panelbeated Burns Philp back into shape...they are looking for a local acquasition but want say who they are looking at..Graham Hart likes to supprise his shareholders..he is one smart young businessman..I have followed his career the last 25 years..he is one KIWI who has the magic :2twocents
 
Re: Burns philp....BPC

THe share price is holdig well ,thought I might get a few more at 96c...but does not look like it..should see some action soon..brokers recommendation is $1.15...but seems to take a while before it will get there, it will...its just time...seems to be good as a longterm hold...any comments from the board...I feel it will supprise as soon as Mr,Hart starts his move...better in than out is my feeling... :2twocents
 
Re: Burns philp....BPC

chicken said:
THe share price is holdig well ,thought I might get a few more at 96c...but does not look like it..should see some action soon..brokers recommendation is $1.15...but seems to take a while before it will get there, it will...its just time...seems to be good as a longterm hold...any comments from the board...I feel it will supprise as soon as Mr,Hart starts his move...better in than out is my feeling... :2twocents

Hi Chicken,

I have been following this company since I saw this thread and I do not share your enthusiasm on this company because:

1) I really do not see a good support at 96c, if you check the market depth for BPC we will see a lot of sales from 97c and above. So I guess 1.15 is too optimistic.

2) My guess is this company will go down to 90c, it is only my guess, I could be wrong.

Regards,

WBII
 
Re: Burns philp....BPC

THIS MAYBE SO...BUT WATCH THE SHARE PRICE GO AS SOON AS mr.HART WILL DO HIS NEXT DEAL WHICH I understand will not be far off,,,they have got $1.8 billion to spent and this is an ontrepernerial company with very good cash flow and as I said...watch Mr.Harts next move and you would understand why I say what I feel...this one is ready to pounce..They are NOT passive better believe it I saw what this man can do in business...he pulls the rabbit out of the hat...see how he managed to bring this company into positive cashflow..and profits of $359million this year..its Australians largest FOOD MANUFACTURING business...read the full report not just the profit from the yeast and herb business....these are intresting times for BURNS PHILP believe it..and the profit you spoke about was Yeast,and the herb business they sold ....but Goodman Fielder is a large operation with at least 16000 employees...and the profit for that division should be around $359millon profit...Intresting business this one..but read the report its all there :2twocents
 
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