dreamcatcher
- 22 Jun 2012 20:59
RPC was established in 1991 following the management buyout of the plastic operations of Reedpack Ltd from SCA. Originally comprising five UK factories, the company today has over 55 operations in 19 countries and employs more than 11,100 people, with annual sales in excess of £1bn. It was listed on the London Stock Exchange in 1993 and entered the FTSE 250 in March 2011.
RPC is unique in offering products manufactured by the three main conversion processes – blow moulding, injection moulding and thermoforming, each technology producing different product characteristics that are suitable for specific packaging applications. It is structured along market and technological lines into six clusters which are aligned to these three processes.
Each cluster has on average seven manufacturing sites, operating across a wide geographical area for reasons of customer proximity, local market demand and manufacturing resource. Each plant is run autonomously.
This structure gives RPC a high degree of knowledge and expertise, along with the flexibility to deal with all types of sizes of businesses, and enables the company to deliver packaging solutions tailored each time to individual customer requirements, as well as the highest levels of service and support.
http://www.rpc-group.com/

dreamcatcher
- 08 Jan 2015 22:57
- 69 of 244
Our system’s recommendation today is to BUY. The BULLISH INVERTED HAMMER* pattern finally received a confirmation because the prices crossed above the confirmation level which was at 525.6136, and our valid average buying price stands now at 526.1936. The previous SELL signal was issued on 23/12/2014, 16 days ago, when the stock price was 515.3146. Since then RPC.L has risen by +2.11%.
Market Outlook
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=RPC.L
Balerboy
- 09 Jan 2015 11:22
- 70 of 244
more bull sh*t haven't got over the last "buy signal"........
Balerboy
- 09 Jan 2015 13:31
- 71 of 244
on reflection, just seen and added the rights issue at 320p and added to holding..... am actually in profit so hope sp gets back towards 570-600p sometime.
dreamcatcher
- 09 Jan 2015 16:40
- 72 of 244
09/01/2015 BUY Pim Vervaat CEO 28,000
09/01/2015 BUY Martin Towers NED 5,416
09/01/2015 BUY James Pike CH 34,666
09/01/2015 BUY Simon Kesterton FD 1,000
Balerboy
- 12 Jan 2015 16:30
- 73 of 244
Well...... just had to top up and looks a good move.,.
dreamcatcher
- 12 Jan 2015 16:46
- 74 of 244
Looks good.
skinny
- 13 Jan 2015 15:04
- 75 of 244
Balerboy
- 13 Jan 2015 15:59
- 76 of 244
Thanks skinny nice to see a chance of return on this one..... makes a change.,. I'll take back what i said about B.bulls.,. lol
dreamcatcher
- 13 Jan 2015 16:32
- 77 of 244
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 05/01/2015, 7 days ago, when the stock price was 506.8500. Since then RPC.L has risen by +6.15%.
Market Outlook
You may relax since our STAY LONG position is secure. The market action does not cast a serious doubt on the wisdom of going long.
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=RPC.L
dreamcatcher
- 13 Jan 2015 16:45
- 78 of 244
13 Jan Deutsche Bank 630.00 Buy
dreamcatcher
- 27 Jan 2015 16:53
- 79 of 244
27 Jan Panmure Gordon 828.00 Buy
Balerboy
- 27 Jan 2015 17:26
- 80 of 244
I'd like to see that DC....... on knees praying.....
dreamcatcher
- 27 Jan 2015 17:35
- 81 of 244
I'm surprised it has not moved a lot faster Bb . Lets hope for another upward push.
dreamcatcher
- 28 Jan 2015 20:22
- 82 of 244
29th January 2015.
Announcement of 3rd Quarter Interim Management Statement.
dreamcatcher
- 29 Jan 2015 07:09
- 83 of 244
Please Note - Streaming News is only available to subscribers to the Active Level and above
Interim Management Statement
RNS
RNS Number : 4262D
RPC Group PLC
29 January 2015
RPC Group
29 January 2015
Interim Management Statement
RPC Group, the leading international rigid plastic supplier to packaging and non-packaging markets, today issues its interim management statement for the period from 1 October 2014.
Trading performance
Revenues for the Group ("continuing operations") in the third quarter of the financial year 2014/15 ("the period") increased compared to the same period last year due to the contribution from acquisitions and slightly higher underlying activity levels.
The Group's adjusted operating profit in the period was in line with management expectations and significantly ahead of prior year due to the organic growth, benefits from the Fitter for the Future programme and the contribution from acquisitions. In the period there was a benefit from the time lag in passing through declining polymer prices to the customer base which was to some extent offset by the foreign exchange translation headwinds caused by the strengthening of the £ versus the €. Both trends are anticipated to continue in the final quarter of the financial year.
The Group's financial position remains robust with satisfactory cash flow development in the third quarter and significant headroom under the Group's debt facilities.
Vision 2020
Good progress continues to be made in implementing the Vision 2020 focused growth strategy by growing organically and through acquisitions. The overall performance of M&H Plastics, Helioplast and Ace has been encouraging, and these acquisitions have enhanced the Group's management and technical capabilities whilst extending its geographical reach. The integration has now been largely completed.
The Fitter for the Future programme has been successful and is nearing completion. Preparation for the integration of Promens is progressing well with completion of the acquisition anticipated by end of March at the latest as anti-trust clearances have already been received from the German, Polish and Russian authorities.
Pim Vervaat, RPC's Chief Executive, said:
"Despite the difficult trading environment in Europe, I am encouraged by the Group's recent trading performance and the contributions from the recent acquisitions. Looking forward, the acquisition of the Promens business will be a further significant step in realising the focused growth strategy outlined in Vision 2020 whilst we continue to explore additional growth opportunities."
Balerboy
- 29 Jan 2015 10:17
- 84 of 244
only blue in my lot this morning..... :)
Balerboy
- 29 Jan 2015 12:15
- 85 of 244
560p today...........maybe.,.
dreamcatcher
- 01 Feb 2015 14:02
- 86 of 244
Share centre -
RPC
RPC (RPC) General Industrials 542.50 c -1.40% Balanced Medium Buy
Analysis last updated on 30/01/15 at 545p Recommended stop loss of 15%
Company overview
RPC is a supplier of a wide range of plastic packaging, used for everything from jerry cans to fruit juice bottles and cleaning sprays, with operations in Europe, the USA and Asia. RPC is not itself a household name, but the brands for which it supplies packaging certainly are, including Ragu sauce, Nivea cream and Dulux paint.
Our view
Under/overvalued?
RPC beat market expectations with its interim results, posting a 12% rise in overall revenues and a 4% increase in like-for-like sales. Adjusted pre-tax profits were up 33% on the previous year, the dividend was raised 11%, and the company said second-half trading had begun satisfactorily. The company also announced the £307m acquisition of Promens Group, a European plastic packaging group based in Iceland, to be funded partly by a £200m rights issue.
Trading continued at a healthy level in the third quarter according to an update in January from the company. Recent acquisitions and good underlying activity both contributed, but the strength of sterling against the euro proved a headwind during the period.
RPC's shares trade on a 2016 PE of 12.3, which is slightly lower than its main UK peer Rexam even though the market is expecting RPC's earnings and dividends to grow by 20% over the next two years in contrast to a decline at Rexam.
We retain our 'Buy' recommendation on the shares because of the company's recent move into the fast-growing Asian markets, the streamlining of European operations and strong dividend policy which are all attractive for investors looking for a mixture of income and growth. The poor economic backdrop in Europe may weigh on the stock, but they still offer good value at this level.
Bullish points
• The company is making good progress with the new growth strategy adopted last year which aims to grow sales in the US and Asia both organically and through acquisitions.
• The wide range of packaging products across many different sectors provides good diversity and exposure to a number of consumer markets.
• Consumer confidence is improving in the UK and US, while the growing middle classes in emerging markets should boost growth for RPC's customers.
• A strong dividend policy which has seen payments to shareholders rise every year for the past 21 years, with a further 12% expected this year.
• Comprehensive programme to improve efficiency and profit margins through business and property disposals mostly in the UK and Europe should continue to yield results.
Bearish points
• Poor economic backdrop in mainland Europe and the cyclical nature of the business due to connection with consumer markets.
• Debt levels are relatively high for the sector which could have an impact if interest rates rise rapidly.
Comment last reviewed 30 January 2015
Author: Ian Forrest, Investment Research Analyst
The facts
The £200m rights issue to help fund the acquisition of Promens Group will be on a 1-for-3 basis at 320p, representing a 41.5% discount to the closing price the day before the announcement. The market welcomed news of the acquisition of Promens and the fact that it will enhance earnings and provide annual cost synergies of around 15m.
It will also increase RPC's market share across a number of European markets as well as in China where it will build on the ACE acquisition made earlier this year. The rights issue is due to be completed in the first quarter of 2015.
RPC acquired Chinese packaging group ACE Corp in June for $301 million, and a further $129 million will be paid if the company achieves specific performance targets over the next four years. In September RPC said the integration of the business is making good progress.
Geographic breakdown of sales for the six months to September 2014:
France 13%
Germany 32%
UK 27%
Other Europe 17%
Outside Europe 11%
Below are the trailing 12 month results to the end of the final period versus the previous 12 month trailing period. As we are reporting rolling returns below, the data will be different to that which you see on other parts of our web site. Results are as follows
Current
Basic Earnings per Share 26.4 pence
Dividend per Share 16.00 pence
Dividend Yield 2.75%
Revenue £1,079 million
Operating Profit/(Loss) £101 million
Cash on the Balance Sheet £3 million
Previous
Basic Earnings per Share 21.1 pence
Dividend per Share 15.10 pence
Revenue £988 million
Operating Profit/(Loss) £134 million
Debt to Equity 67.5%
Change
Basic Earnings per Share 25.1%
Dividend per Share 6%
Revenue 9%
Operating Profit/(Loss) -24.9%
Forecast Estimates 2016
Earnings per share 44.9
P/E 12.3
Dividend yield 3.1%
Month(s) company is expected to go ex-dividend
August
December
dreamcatcher
- 02 Feb 2015 20:16
- 87 of 244
2 Feb Canaccord... 655.00 Buy
dreamcatcher
- 11 Feb 2015 15:31
- 88 of 244
11 Feb RBC Capital... 670.00 Outperform