Liverpool D
30 Mar 2015
Competition and Markets Authority Competition and Markets Authority caseMuller UK & Ireland Group / Dairy Crest Group merger inquiryPhase 1Invitation to comment: closes 8 April 201523 March 2015: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.[link]
nk1999
07 Feb 2015
Jefferies view "Inexpensive Dairy Crest reaps benefits away from milkThe milk division may still be struggling but Dairy Crest (DCG) is profiting from cheese and spreads.Jefferies analyst Alex Howson retained his ‘buy’ recommendation and increased the target price from 490p to 535p. The shares rose 1.3% to 504p yesterday.‘Profitability across cheese and spreads is robust, with spreads rebounding ahead of expectations. Dairies continue to lose money but its divestment to Muller is on-track pending regulatory approval.‘We trim full year 2015 profit before tax -1% but increase full year 2016 +1.6%... the dairies exit optionality also looks under-appreciated, undervaluing the residual business.’He added that shares were ‘inexpensive, offering yield and optionality’. "
winningstreak
05 Feb 2015
Trading Statement / Family Silver Looks to me that profits are to come in the main from salesof property, i.e. sales of family silver.WS
Liverpool D
08 Jan 2015
Re: Divi time soon Ex dividend today 8th January. Payable 29th January. 6
Mikey X
19 Dec 2014
Divi time soon we should see the price go up with dividends being paid out in January.
Liverpool D
08 Dec 2014
Re: Sale to Muller There seems to be competition developing in the supermarkets on chees pricing.. I just worry that Dairy Crest is selling out of the competitive milk business, thereby making it a cosy niche with just two major companies, while chees and spreads becomes more difficult.
nk1999
18 Nov 2014
Mail-Midas "Dairy Crest's announced sale of its dairies is a smart deal because it will leave the company free to concentrate on more profitable products such as Country Life butter and Davidstow Cheddar, Midas said in the Mail on Sunday. Dairy Crest's prospects are brighter than before and if the deal goes through the shares are a firm hold. But with approval needed by competition authorities, pessimistic investors should take gains now in case the transaction falls through."From Mail on Sunday.
