I'm confused Wincanton have less than half the debt and market value of Stobbard but they make a bigger profit!

To compound my sense of confusion Wincanton are continuing to fall whilst Stobbard continue to rise!

I don't think I can resist Wincanton any longer.


What do you think?

I know the dividend might drop, but it wasn't mentioned in the trading update. If it halves it's still almost 5%.

I looked at it @£20 and thought it must be due a drop - wrong!

ouch.

Like ASOS. lol

NO - I wouldn't touch that with a barge pole - I don't understand it at all! Far safer to trade the DOW :-)

On a closer look, WIN looks quite good (chart wise).

Thanks skinny, been out this afternoon. Agree Asos.

Does not read well to me.

http://www.wincanton.co.uk/media/247573/wincanton_annualreport_2012.pdf

Still on the up :- +10% today.

Now on the 200ma +17.2% on the day.

with diesel prices rising rapidly why would you buy into this one?

Some may be looking to sell! :-)

Mind the gap(s) !

This is now looking very bullish.

And again.

Drop overdone today imo - good time to top-up/buy.

WIN .....WINCANTON

Added again here. Hit the support line
at 65p seen in October. Results next
monday off top of my head.

ROCE here very impressive up against
sector and market.

Yes some positive figures up against
sector and market.

RATIOS

Co. FTSE Sector Market

PER (pr) 4.31x 11.34x 12.42x
Dividend Yield (pr) % 4.29% 4.20%
PEG (pr) -0.12f 2.61f 0.62f
ROCE 72.88% 22.05% 4.85%

Chart showing SP on October support
line........

Numis still think these are
way undervalued...

26 Jul Numis Buy 64.63 90.00 90.00 Retains

90p SP target.

WIN WINCANTON

On a forward P/E of just 4.1
yes just 4.1 to 2013
cheap as chips.

RATIOS
2012 (A) 2013 (E) 2014 (E)

EBITDA £75.50m £60.45m £62.63m
EBIT £47.00m £35.20m £37.00m
Dividend Yield % % %
Dividend Cover x x x
PER 1.94x 4.11x 4.52x
PEG 0.02f -0.08f -0.49f

Moving up nicely. results monday.