A miss in earnings and now we have a 52 week high. Kellogg's needs to diversify away from cereals. RE:Kellogg's® Crunchmania™ Cinnamon Bun Graham Snacks.
Maybe it time for Kellogs to shake them up. They lost out to Yildiz in a 3.2 Billion United Biscuit bid. IMO this mean the looser will still want something. Ironically LNCE market cap fits a little below of what Kellogs would of had to spend on United Biscuit.
Maybe its time to question management?? They seem very laid-back and not too aggressive. It may be time for a shake-up! Their products seem to do well besides being good. Need some young blood!!
I noticed that a few days ago at the local Vons Supermarket, LNCE had their pretzel display at the front of the store on the beer isle. Good spot "its football season".
I agree. LNCE will release earnings soon. I'm expecting some momentum from the last qtr. From my observations. They sure are getting some good Kiosks displays and shelf space at Walmart. Any positive surprises should up the speculative appeal more. IMO. General Mills paid a big premium for Annie's (4x sales) LNCE has already deployed assets in higher growth segments for which it paid a premium. This bodes well for some revenue growth. I'm holding. Cash flow looks strong. If nothing hypothetically happens perhaps maybe I'll get a dividend increase. P.S. Many years ago on this board. I was wondering why they weren't packaging Stella Doro for vending. I now see they are doing just that. I haven't been to a Starbucks yet to see if they carry any LNCE products?
Yea, I don't know why KO is taking so long, they have over 20 billion in the bank. they need to make a move into the snake food area, its working for Pepsi. A $3 billion deal would spur a lot of confidence among investor.To put this into perspective COKE LOST $10 BILLION IN MARKET CAP TODAY ALONE. Share price would probably reach an 52 week and a all time high. Right now KO just made a double top. The last time KO was this high (near $45) was in the late 90's. there is a lot of room for KO to fall. KO needs to make a move now!
A few family members working at one of their factories, have been on a sustained overtime schedule for the past year. Have stated that they have never been busier with no sign of slowing. It appears that you will not get fantastically rich of this investment. I don't think you will lose money on this either. Better action, else where, IMO. AWK, comes to mind, but whatever.
I was thinking the same thing. A 50% premium would be a 3 billion market not a lot of money for Coke or Pepsi. If Pepsi were to acquire they could roll it into Frito Lay
FWIW-General Mills to Buy Annie’s for $820 Million in Cash. IMO this has to up the speculative appeal of LNCE.
IMO Anything is a possibility these days. He most likely would like Hershey better, but the Wrigley/Mars /BH deal probably nixes that idea. One thing for sure. It meets his criteria of understanding the business. BTW I love the Synders/Hershey chocolate covered pretzels. I'm surprised he didn't go after Russel Stover to go with See's candy
its hard to believe that Coke has not gotten into the snack food business by now Pepsi has been in it for over 50 years.
Buffett has a sweet tooth maybe he would like the chocolate covered pretzels.
you gave me an idea though, perhaps Berkshire Hathaway would be a good fit.
I agree this next qtr. should paint a better picture. However B&G Foods Inc.is paying $195 million to buy the maker of Pirate's Booty, a popular rice and corn snack flavored with cheddar cheese. This with sales at just 90 million. What a premium. Lance is a bargain based on this to some bigger player IMO. With the proceeds, Lance has been doing some niche acquiring of their own, for higher margins.
I agree they need a powerful parent. However they just spent some billions and now have an equity in Monster Beverages. Coke an Pepsi have gone head to head for decades. Pepsi's salty snacks business is their crown jewel. I'm sure Warren Buffett would fund that Hypothetical acquisition. We know he likes Coke. Does he like pretzels or chips with them?
Not on this one. I think they have a tough rode ahead without the private label business and the good margins they contributed. I will be interested in hearing the Q2 Earnings Call after all of the changes they made in the quarter.