Total Produce, cambio de mercado
ForoCoches: Miembro
31-ago-2021 20:46
#61
| Oye, al cambiar de total produce a dole, sabeis si hay que declarar en haciendo como si se hubiera vendido las acciones de total produce? Ya sea con ganancias o pérdidas. O si se hace ya con las acciones de dole una vez que se vendan. |
Miembro honorífico
03-sep-2021 09:20
#63
| Oye que han hecho con las sobrantes? Porque por cada 7 total produce daban 1 dole |
ForoCoches: Miembro
10-sep-2021 07:21
#66
|
New York, September 09, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Dole plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 1 September 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. The review did not involve a rating committee. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future. Credit ratings and outlook/review status cannot be changed in a portfolio review and hence are not impacted by this announcement. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history. Key rating considerations are summarized below. Dole Plc's Ba3 Corporate Family Rating reflects the company's significant scale with $9.7 billion in LTM revenues (including share from JVs) as of December, 31, 2020 pro forma for the Dole Food Company (Dole Food)-Total Produce merger, broad geographic presence, and its leading market share in fruit and vegetables. The rating is constrained by the company's low EBITDA margin and free cash flow as well as its elevated Moody's adjusted debt to EBITDA leverage (pro-forma for the merger, an estimated $600 million equity offering, and the proposed refinancing) of 4.2x as of December 31, 2020. The company's good liquidity provides flexibility to fund the integration and elevated capital spending in 2021. Combining Dole Food's iconic brand and asset base including its distribution and manufacturing facilities, shipping vessels, packing houses, and owned acres with Total Produce's sourcing and customer relationships in Europe and North America will create a global leader in fresh produce. The high expense base associated with complex global sourcing and distribution of fresh fruits and vegetables, as well as marketing, translates to a low EBITDA margin and limited free cash flow generation. Dole plc's projected EBITDA margin is less than 5%, and with capital expenditures of about 1% of revenues and an expected dividend payout in-line with Total Produce's historical payout ratio, the company's free cash flow generation is low for the Ba3 rating. This document summarizes Moody's view as of the publication date and will not be updated until the next periodic review announcement, which will incorporate material changes in credit circumstances (if any) during the intervening period. |
Miembro honorífico
10-sep-2021 11:29
#67
|
Los de DOLE son unos cachondos, cuando han hecho el cambio de Total Produce a Dole han pasado las acciones sobrantes de regalo a la mafia de Unicef. Es eso legal? "On 27 July 2021, pursuant to a Scheme of Arrangement approved by the High Court of Ireland, all shares in Total Produce plc were exchanged for shares in Dole plc at the ratio of one Dole plc share for every seven Total Produce shares. Any fractional arising on such exchange are to be sold by Dole plc and the proceeds donated to UNICEF." |
ForoCoches: Miembro
10-sep-2021 14:41
#68
|
Los de DOLE son unos cachondos, cuando han hecho el cambio de Total Produce a Dole han pasado las acciones sobrantes de regalo a la mafia de Unicef. Es eso legal?
"On 27 July 2021, pursuant to a Scheme of Arrangement approved by the High Court of Ireland, all shares in Total Produce plc were exchanged for shares in Dole plc at the ratio of one Dole plc share for every seven Total Produce shares. Any fractional arising on such exchange are to be sold by Dole plc and the proceeds donated to UNICEF." |
ForoCoches: Miembro
10-sep-2021 16:40
#69
|
Los de DOLE son unos cachondos, cuando han hecho el cambio de Total Produce a Dole han pasado las acciones sobrantes de regalo a la mafia de Unicef. Es eso legal?
"On 27 July 2021, pursuant to a Scheme of Arrangement approved by the High Court of Ireland, all shares in Total Produce plc were exchanged for shares in Dole plc at the ratio of one Dole plc share for every seven Total Produce shares. Any fractional arising on such exchange are to be sold by Dole plc and the proceeds donated to UNICEF." |
ForoCoches: Premium ☑️
10-sep-2021 17:53
#70
| Menudo piñazo se ha pegado esta semana su puta madre me está dejando la cartera preciosa |
ForoCoches: Miembro
10-sep-2021 18:19
#71
| Yo creo que está barata, y creo que el catalizador será la primera presentación de resultados |
ForoCoches: Usuario
10-sep-2021 18:43
#73
 Putos UNICEF.. que poca visión tienen Pos a comprar más! Una empresa sólida de alimentos a un PER de 10 no pinta mal la verdad. Está claro que es otro nivel, pero el PER de las empresas de referencia (Kraft, Danone, Nestle) está en un 20-25. Tiene potencial en mi opinión. Abro posición. Si baja más.. pillaré más seguramente. |
Editado: 10-sep-2021 19:00 -
Siempre Due Diligence
11-sep-2021 16:34
#74
| Sven Carlin ha dicho en su plataforma de Dole que "alehate primo". |
ForoCoches: Miembro
11-sep-2021 19:00
#75
|
Los de DOLE son unos cachondos, cuando han hecho el cambio de Total Produce a Dole han pasado las acciones sobrantes de regalo a la mafia de Unicef. Es eso legal?
"On 27 July 2021, pursuant to a Scheme of Arrangement approved by the High Court of Ireland, all shares in Total Produce plc were exchanged for shares in Dole plc at the ratio of one Dole plc share for every seven Total Produce shares. Any fractional arising on such exchange are to be sold by Dole plc and the proceeds donated to UNICEF." Y me cuadra que esas acciones hayan sido vendidas esta semana ya que muchos brokers iban con bastante retraso en el tema de la conversión de acciones. Muchos por ejemplo que las teníais en de giro han tardado un huevo en hacerlo. Por otro lado, todas las acciones sobrantes, ¿no debían de pagarselas al propietario de las mismas? |
Volando voy volando vengo
12-sep-2021 11:26
#77
|
Ese hombre es de los respetables? Hay que tenerle en cuenta o es otro youtuber mas? Lo pregunto desde el desconocimiento. Tengo Dole en el punto de mira para dispararle el primer tiro pero como esta bajando estos días estoy esperando a ver donde se estabiliza. |
Siempre Due Diligence
12-sep-2021 23:10
#80
|
All the proceeds from the IPO have been used to pay down debt.To me, this is another indication of the relatively high level of financial engineering present in the company’s DNA and is something to really keep in mind when it comes to the risk and rewards of investing in Dole stock.It all sounds nice; doing an IPO, getting money and paying down debt.
However, this also means that the management thinks it is creating shareholder value by issuing shares at $14 and consequently diluting previous owners. In 2018, Total Produce paid $300 million for a 45% stake in Dole.All this activity means there is still lots of debt.As theIPO was at a lower than expected range, the debt is a bit higher than the level shows in the pro forma balance sheet below, but not accounting for that, we have debt around $1.82 billion (summing up long-term debt and other long-term liabilities). Having $1.8 billion in debt with net income of $100 million is something that creates long-term risk because if debt holders get scared at any point in time, refinancing might become an issue at any point in time. This means that Dole surely isn’t SWAN stock (sleep well at night) as debt issues might lead to total loss. However, if the management succeeds in lowering the debt burden, the stock could really do well. You have to see how such a risk reward fits you.Dole Stock Analysis -Conclusion When it comes to Dole and Total Produce, it seems the management isn’t really focused on creating value but mostly on leveraging up to make it a bigger business and have it do well while good times last. This has clearly been reflected in the IPO price ranges where the market wasn’t happy to pay $23 as exuberance wasn’t present at all.If they are lucky and things improve significantly the ‘bet’ might do really well. However, for investing, one must put Dole into a high-risk category as produce is a highly competitive environment where margins are thin.Further, business is cyclical and when things are good, debt levels might not be an issue, but when things turn south, debt levels certainly put a lot of pressure and often require new financing and dilution as we have seen with the IPO and the previous historical switches from private to public and back.I personally prefer businesses where the focus is on the business itself, where the management doesn’t take crazy risks just try and take every short term opportunity the market offers.Thus, Dole is not a company I will cover but I will check on it once a year to see what is going on in the sector from their perspective that will give me interesting insights for my other holdings. |
ForoCoches: Miembro
12-sep-2021 23:55
#81
|
Gracias. Yo lo que veo es que los niveles de deuda son similares o menores a los de la competencia, con menores costes fijos y mayor ROIC, y la competencia está valorada a un PER más de un 50% mayor. A ver en los informes trimestrales si se va amortizando deuda. |
ForoCoches: Premium ☑️
27-sep-2021 22:11
#83
| A ver si vienen resultados pronto porque madre mía me está enguanando |
Monte Limar
27-sep-2021 22:30
#84
|
Goldman Sachs le da un +70%..... https://www.tipranks.com/news/articl...rging-over-70/ |
Monte Limar
30-sep-2021 10:41
#88
|
Es que la están impulsando los de Reddit... https://www.reddit.com/r/wallstreetb...nana_stand_dd/ Esta gente la pueden hacer subir muchísimo por lo pequeña que es. |
Editado: 30-sep-2021 10:45 -
