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Milk and more
February 13, 2008 in Directors buying, FTSE 250 company, WEAK signal | Tags: Dairy Crest | Leave a comment
Dairy Crest (DCG, 551p) non execs have each bought 5,000 shares at 542p.
Why is this interesting?
1. Solid cash flow milk, cheese and yoghurt business – defensive
2. Able to pass on price rises – offer protection against inflation
3. Year end 31 March – soon- good news in the pipeline?
4. Well liked- read Questor (scroll down to the bottom of the page)
5. 27% off their high
6. Rapidly growing home delivery program- milk and more
Non execs David Richardson, Carole Piwnica, and Non exec Chairman Simon Oliver, each invested £27k in Dairy Crest.
This is a relatively safe, defensive investment, with good news ahead.