Ontex « Terug naar discussie overzicht

quote:

MilesDavis schreef op 6 juni 2023 14:55:

Laatste conf call legde de CFO uit dat de voornaamste input kost namelijk pulp de prijs de WSI(?) index volgt.
M.a.w als die daalt gaat de prijs voor ONtex ook dalen. Ze werken niet met fixed cost contracten voor pulp.
Hij zegt er altijd bij dat je wel de juiste index moet nemen maar om het juist te hebben stuur gewoon een mail naar investor relations en je zal de link krijgen wss.

quote:

bruguy schreef op 8 juni 2023 10:15:

Tof dat hier ongeveer iedereen (heel) positief is over Ontex. Feit is dat aandeel de laaste maand 10% is verloren. We moeten kennelijk iets over het hoofd zien....

quote:

FarEnd schreef op 8 juni 2023 10:43:

[...]

5,13 euro waard op 13-10-2022, dat is nog geen 8 maanden geleden.
6, 62 op 16-03-2023, dat is 3 maand geleden. Lager als vandaag
En ja de 8,2 op 08-05 (1 maand geleden)

Dit aandeel is heel hard gestegen de laatste maanden, dan moet je niet teveel kijken op de daling van 1 maand net erna.

Want je kan ook zeggen dat het aandeel nog boven de 20 euro was in 2019, dan is het nu heel laag.

Kwestie van perspectief?

quote:

bruguy schreef op 8 juni 2023 10:15:

Tof dat hier ongeveer iedereen (heel) positief is over Ontex. Feit is dat aandeel de laaste maand 10% is verloren. We moeten kennelijk iets over het hoofd zien....

quote:

keffertje schreef op 25 mei 2023 11:38:

[...]

De Bank organiseert regelmatig bijeenkomsten voor institutionele investeerders waar diverse bedrijven zich dan presenteren, dus wie weet kunnen ze grote partijen verleiden een belang te nemen.

quote:

Wall Street Trader schreef op 11 juni 2023 13:47:

[...]

Some keynotes and feedback from the Conference.

Divestments: the divestment processes for the remaining non-core assets are continuing, with the divestment process of
the activities in Algeria and Pakistan probably a bit more advanced than Brazil and Turkey.

• US: Ontex still sees a lot of room for private label to grow, as for example in baby care private label represents only 24% of
the market vs a share of private label of c. 40% in Europe.

• Capex in the medium term is guided at around 4% of revenue, while capex needs in the shorter term might be a bit higher,
ao given ongoing efforts to uniformize machinery and the production footprint.

• Ontex organized an interesting demo on its innovative diaper for elderly care. The company has developed software and a
sensor mechanism that signals the personnel of the elderly care homes which persons require a diaper change. The product
has been tested in around 100 elderly care homes in the past few years and has received excellent feedback whilst being
ready now for commercial roll-out.

• Raw materials: fluff prices are up for Ontex in 2023, but for other raw materials the company is starting to see some
easing. It will take a bit of time (6 months) for that to filter through to the P&L.

• The board has set a long term incentive program for management solely based on a share price of € 15 (i.e. roughly double
the current share price)

• End game? Ontex has halted the preliminary combination talks with Attindas a while ago. While the company now looks set to execute the targeted strategic transformation alone, we would not exclude to see Ontex eventually being acquired or merged with another group

I have to agree with bruguy this stock has unfortunately been dead money for more than a year now.
Let's hope the turnaround will finally continue in the upcoming months, if effectively executed, it can deliver significant value for us as shareholders.

quote:

FarEnd schreef op 12 juni 2023 09:05:

[...]

A lot of half informations in this text that seems interesting on the first sight.

Divestments -> Are we speaking about last steps or still preliminary steps (weeks/months before communicating)?

US -> corresponds with the investments in the plants in the US

The company has developed software and a sensor mechanism -> diversification, how will they monetize this. Chips in trowable diapers or reusable diapers. Are they owner of the software and start to diversify in software for elder or do they see this as an incentive to use their current portfolio of products?

Not exclude being acquired or merger -> how about the big shareholders (eg. GBL), what is their opinion on this subject. Could be a blocking factor.

quote:

Riquer schreef op 13 juni 2023 10:11:

NOG NIET AAN DE KOERS TE ZIEN

quote:

Wall Street Trader schreef op 11 juni 2023 13:47:

[...]

Some keynotes and feedback from the Conference.

Divestments: the divestment processes for the remaining non-core assets are continuing, with the divestment process of
the activities in Algeria and Pakistan probably a bit more advanced than Brazil and Turkey.

• US: Ontex still sees a lot of room for private label to grow, as for example in baby care private label represents only 24% of
the market vs a share of private label of c. 40% in Europe.

• Capex in the medium term is guided at around 4% of revenue, while capex needs in the shorter term might be a bit higher,
ao given ongoing efforts to uniformize machinery and the production footprint.

• Ontex organized an interesting demo on its innovative diaper for elderly care. The company has developed software and a
sensor mechanism that signals the personnel of the elderly care homes which persons require a diaper change. The product
has been tested in around 100 elderly care homes in the past few years and has received excellent feedback whilst being
ready now for commercial roll-out.

• Raw materials: fluff prices are up for Ontex in 2023, but for other raw materials the company is starting to see some
easing. It will take a bit of time (6 months) for that to filter through to the P&L.

• The board has set a long term incentive program for management solely based on a share price of € 15 (i.e. roughly double
the current share price)

• End game? Ontex has halted the preliminary combination talks with Attindas a while ago. While the company now looks set to execute the targeted strategic transformation alone, we would not exclude to see Ontex eventually being acquired or merged with another group

I have to agree with bruguy this stock has unfortunately been dead money for more than a year now.
Let's hope the turnaround will finally continue in the upcoming months, if effectively executed, it can deliver significant value for us as shareholders.

quote:

Joshua3 schreef op 15 juni 2023 06:49:

Allemaal mooie verhalen maar zie de koers alleen maar verder wegzakken en de 6 weer bijna aantikken. Hopelijk wordt ons geduld beloond met een mooi overnamebod of prima cijfers volgende maand waardoor de koers weer omhoog kan.