Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I start with admin matters: I shall be served with an injunction by Aiden Earley, shadow director of the fraud Worthington at 4.30 PM and have a few snippets of bad news for Aiden. I congratulate Brokerman Dan on being named the share blogger of the year. Then to business. In this podcast I touch on Quindell, Move onto William Sinclair, Jiasen ( a China Norfolk), Tern, Sareum and Afren.
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Comments
DUCK AND DIVE
I own no SNCL (William Sinclair) shares but I have researched the company and concluded that I will invest at some point in the next year or two for a long term hold. Far from being dull, it’s an interesting business which is currently experiencing teething troubles having just opened a big new factory to produce peat substitutes from green waste. Their margin problems are probably caused by temporarily increased production costs while they ‘snag’ the new factory. And most importantly, they will be uniquely placed to supply the market with peat-free growing media on and before the Government’s 2020 deadline for the banning of peat. Peat or peat-free, we will all still need growing media and Sinclair will be the only outfit able to meet demand. But obviously worth waiting until April at least when they announce their ‘transformation’ plan.
VINES
forgive me but why’s it called a China Norfolk?
AK47
Congrats Dan, he is a class act.
paul
William Sinclair, not for me. I run a medium sized garden/landscape business, the competition here is saturated. The wholesale price of compost is cheaper now than 5 years ago. It’s a bit like the oversupply in the grocery market, look what that has done for Tesco/Sainsbury’s and the like. Good for buyer like me, not good for the companies bottom line. I believe you have to be at the top of your game to make it in this market, William Sinclair isn’t there. Avoid.
wildrides
Vines ………….. Cocky slang for Fraud is “Norfolk Broad”
Tom ……… set Oakley on him …….. but before doing so give Oakley a good briefing “ Oakley you have to be more Dog and less bag of maris piper with 3 legs …………get him boy !”