View Full Version : Skellerup (SKL) Fundamentals
winner69
15-02-2024, 09:21 AM
Last year FY23 profit $50.9m
They say Skellerup expects FY24 NPAT to be similar to prior year
But they did say a few months ago it would be between $50m and $55m
Hope market doesn’t see latest outlook as a profit downgrade
Wow, very impressed by Mair in this podcast interview. Interesting comments on succession. Thinks there's up to five youngsters 34-39 years old that are good enough to run the business today.
https://omny.fm/shows/shared-lunch/skellerup-s-david-mair-on-leading-and-legacy
Ricky-bobby
21-03-2024, 08:39 PM
What a legend and so glad he is staying on the board. Would love to have a beer with him
Wow, very impressed by Mair in this podcast interview. Interesting comments on succession. Thinks there's up to five youngsters 34-39 years old that are good enough to run the business today.
https://omny.fm/shows/shared-lunch/skellerup-s-david-mair-on-leading-and-legacy
superb interview. fantastic company. and in the low $4 dollars / share, increasingly attractive value.
Sideshow Bob
02-06-2024, 10:39 AM
In a downward trend - closed at $3.53 on Friday, but traded at a low of $3.35 - lowest level since end of 2020.
Full year NPAT forecast to be similar to last year (no further update since HY 15/2).
Dairy prices forecast to start the season stronger.
Change in the skipper, but past skipper still on the board.
kiwikeith
02-06-2024, 10:54 AM
In a downward trend - closed at $3.53 on Friday, but traded at a low of $3.35 - lowest level since end of 2020.
Full year NPAT forecast to be similar to last year (no further update since HY 15/2).
Dairy prices forecast to start the season stronger.
Change in the skipper, but past skipper still on the board.
SKL is a quality company and I have been a very happy shareholder for a long time. The market capitalisation of $700m and a forecast net profit after tax of $50m puts SKL on a PE ratio of 14. That could be considered good value for a quality company but is not 'back up the truck' bargain basement levels.
winner69
02-06-2024, 11:04 AM
BP posted this back in November last year about my chart that showed SKL PE had hit 30 (share price about $6.40) and was starting to how signs of falling
Updated chart below ....Share price today about $5 and PE 21 (on forecast earnings)
So profits increasing .... PE shrinking ..... not good for shareholders
If he PE today was by some chance the average pre-2020 of 15 the share price would be $3.60
From June 22 …might update chart
Sideshow Bob
02-06-2024, 11:08 AM
SKL is a quality company and I have been a very happy shareholder for a long time. The market capitalisation of $700m and a forecast net profit after tax of $50m puts SKL on a PE ratio of 14. That could be considered good value for a quality company but is not 'back up the truck' bargain basement levels.
Not a shareholder but on the radar.
That is my feel - solid well-run company, reasonable PE, not much debt but not at a fill-your-boots level.
But what is one of those TA mantra's "don't buy in a downward trend'?? Down 28% YTD.
Sideshow Bob
02-06-2024, 11:09 AM
From June 22 …might update chart
Yeah its come back down into that 'usual' range around 14.
Added a few today, the low NZD gotta benefit these guys over next few years. See how it goes.
Big buy up at close to finish the week on 4.55, interesting.
One of very few to finish in green today, up a Cent. Someone big is in accumulation mode and happy to pay up a bit.
Results on 15th, Wed week, may test 5 handle depending on results, divvy payout and outlook.
One of very few to finish in green today, up a Cent. Someone big is in accumulation mode and happy to pay up a bit.
Results on 15th, Wed week, may test 5 handle depending on results, divvy payout and outlook.
Cushing liked this one a while back .. Are his family interests still in here ?
Cushing liked this one a while back .. Are his family interests still in here ?
I believe so, don’t hv further insight on this. Someone more knowledgeable may be able to shed some light.
percy
05-08-2024, 08:16 PM
Cushings are No.5 largest shareholders.
Total Number of Shares:196071582 Extensive Shareholding:Yes
Shareholders in Allocation:
Allocation 1:27179396 shares (13.86%)
FORSYTH BARR CUSTODIANS LIMITED
Forsyth Barr Limited, 35 The Octagon, Dunedin Central, Dunedin, 9016 , New Zealand
Allocation 2:14988664 shares (7.64%)
FNZ CUSTODIANS LIMITED
Fnz House, Level 3, 29a Brandon Street, Wellington, 6011 , New Zealand
Allocation 3:9705339 shares (4.95%)
CUSTODIAL SERVICES LIMITED
158 Cameron Road, Tauranga, 3110 , New Zealand
Allocation 4:8655737 shares (4.41%)
BNP PARIBAS NOMINEES (NZ) LIMITED
Bell Gully, Deloitte Centre, Level 5, 1 Queen Street, Auckland, 1010 , New Zealand
Allocation 5:8366169 shares (4.27%)
H & G LIMITED
Rural Equities Ltd, 127 Queen Street, Hastings, Hastings, 4122 , New Zealand
Allocation 6:7969512 shares (4.06%)
ACCIDENT COMPENSATION CORPORATION
110 Featherston Street, Wellington, Wellington, 6140 , New Zealand
Allocation 7:4547257 shares (2.32%)
New Zealand Depository Nominee Limited
Nzx Centre, 11 Cable Street, Wellington Central, Wellington, 6011 , New Zealand
Allocation 8:3647426 shares (1.86%)
HSBC NOMINEES (NEW ZEALAND) LIMITED
188 Quay Street, Auckland Central, Auckland, 1010 , New Zealand
Allocation 9:3600000 shares (1.84%)
David William MAIR
79 St Andrews Road, Epsom, Auckland, 1023 , New Zealand
Director: Yes
Allocation 10:3052304 shares (1.56%)
TEA CUSTODIANS (MTF) LIMITED
Trustees Executors Limited, Level 9, Spark Central, Boulcott Tower, 42-52 Willis Street, Wellington, 6011 , New Zealand
Historic data for shareholders
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