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FLTA Filta Group Holdings Plc

170.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Filta Group Holdings Plc FLTA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 170.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
170.00 170.00
more quote information »

Filta FLTA Dividends History

No dividends issued between 04 May 2014 and 04 May 2024

Top Dividend Posts

Top Posts
Posted at 07/2/2022 13:53 by km18
Filta Group posted a trading update for the financial year ended 31st December. Revenues recovered strongly through 2021 and are now running at higher levels than they were before the impact of the pandemic. A record-setting third and fourth quarters helped the Group to finish the year with revenues of £23.6m (2020: £16.4m). FY22 trading has also started well with January 2022 revenue up 62% over the same period last year. The Board “views the future with confidence” and remains “confident in our ability to deliver continued growth in the coming year." So FLTA is another example of a business rebounding solidly from COVID shutdowns, with more to come. The balance sheet is solid. The share price has also more or less recovered its COVID losses, valuation is therefore not particularly helpful with forward PE ratio near 17. FLTA looks a solid business with some near term EPS growth potential, certainly one worth monitoring, but its not particularly exciting....from WealthOracle
Posted at 21/7/2020 22:10 by thewheeliedealer
Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion covers FLTA. We also chatted about loads of other Stocks and as always a fair bit of general Portfolio Management educational stuff. Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want TPI Podcast 27) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful,

Cheers, WD
@wheeliedealer
Posted at 22/6/2020 12:47 by 3rd eye
FLTA Filta Group,

the trades to date show BUYS way ahead of SELLS, the 8% plus fall was way overdone this morning.(it should be a bargain entry point) Can only think it may be mistakenly being mixed up with the Covid Crowd or we have a big buyer waiting for an order to be filled.

Anyway heres the figures so far today........

Trades 31

Vol. Sold 5,936
Sold Value £6,945
Vol. Bought 24,287
Bought Value £28.42k
PE Ratio 84.173
Earnings 1.39
Dividend 1.64
Yield 1.402%
Posted at 22/6/2020 10:49 by 3rd eye
FLTA Filta Trades today............... BUYs far greater than Sell Trades.

Recent tradesTrades today: 18
Trade time Trade price Trade quantity Buy/Sell Bid price Ask price
22 Jun 10:12:16 116.98 1,500 Buy 115.00 117.00
22 Jun 10:11:24 116.98 2,557 Buy 115.00 117.00
22 Jun 09:59:57 116.10 65 Buy 115.00 117.00
22 Jun 09:55:25 116.98 847 Buy 115.00 117.00
22 Jun 09:50:41 116.10 500 Buy 115.00 117.00
22 Jun 09:36:03 116.98 914 Buy 115.00 117.00
22 Jun 09:13:50 116.98 2,000 Buy 115.00 117.00
22 Jun 09:13:41 116.98 750 Buy 115.00 117.00
22 Jun 09:04:45 116.80 428 Buy 115.00 117.00
22 Jun 08:56:28 116.80 263 Buy 115.00 117.00
22 Jun 08:54:17 115.36 15,959 Sell 115.00 117.00
22 Jun 08:50:45 120.00 1,500 Buy 116.00 122.00
22 Jun 08:48:35 120.00 15,620 Buy 115.00 117.00
22 Jun 08:46:55 122.40 216 Sell 120.00 126.00
22 Jun 08:39:37 125.60 1,623 Sell 124.00 128.00
22 Jun 08:39:34 126.50 781 Buy 124.00 128.00
22 Jun 08:37:26 125.60 1,416 Sell 124.00 128.00
22 Jun 08:07:44 125.50 1,681 Sell 124.00 128.00
Posted at 22/6/2020 10:35 by 3rd eye
Taken advantage of the 8% share price drop in FLTA Filta Group today. And bought stock.

The CEO was interviewed Friday on SKY News about its new service Filta Shield and sounded very bullish. Will help all kinds of business clean up any trace of the virus before the Great Open Up 4th July ? and also provide further back up visits. Further more we had a large Director buy on the 19th of June......



CEO of Filta Group, Jason Sayers said: "As companies look to open up again after the current lockdown, the safety of employees, visitors and clients will be a key focus.



"We are proud to have developed this highly effective service in such a short period, and are now helping businesses and organisations make the necessary preparations to get back up and running as quickly as possible.



"Filta has always sought to adapt to the needs of its customers, and has already seen a growing number of orders from existing clients, as well as interest from businesses outside of our traditional customer base of restaurants and hospitality. Whilst FiltaShield is currently only available in the UK, we will look to roll out this service in the U.S. and Europe in due course."

====================================================================

Working closely with industry experts and specialist chemical suppliers, Filta is extending its range of environmental services and deploying an approved, laboratory-tested Coronavirus sanitising solution, which is effective against all enveloped viruses, killing them within minutes. The anti-viral solution, which has been developed for use in restaurants, bars, shops, offices as well as healthcare facilities, is applied to a surface by spraying or fogging, leaving behind a mono-molecular layer that bonds to the surface and protects surfaces for up to 30 days.



In addition, as part of its service to tackle Coronavirus and help businesses and public bodies adapt to new safety requirements, Filta has teamed up with a technology supplier to supply and manage temperature screening devices for its customers, which can screen up to 30 people per second for a fever. The devices, which are installed at the entrances of buildings, provide operators with a further preventive measure against the spread of Coronavirus.



Filta Group reports higher profit on boost from Watbio acquisition
28th May 2020 07:59 | Filta Group Holdings Plc

Commercial kitchen services provider Filta Group flagged uncertainty over the Covid-19 pandemic even as annual profit was boosted by a surge in revenue.

The company confirmed an announcement from March that it was not recommending the payment of a final dividend in light of the uncertainty surrounding Covid-19.

For the financial year ended 31 December 2019, pre-tax profit rose 7% to £2.6m on-year as revenue jumped 75% to £24.9m.

The surge in revenue was driven by a £8.6m contribution from Watbio, which the company acquired last year.

Looking ahead, the company said it was 'confident that when social distancing restrictions are lifted and more normal trading conditions are resumed, revenues and margins will return to the levels being experienced in the first quarter of the year.'

Story provided by StockMarketWire.com
Posted at 02/6/2020 07:56 by jpsmithson
In the VNET results they say that they are teaming up with FLTA to offer pubs the Filtashield CV cleaning service.
Posted at 07/5/2020 09:22 by hope67
07 May 2020



Filta Group Holdings plc

("Filta", the "Company" or the "Group")



Launch of specialist COVID-19 sanitising service



Filta Group Holdings PLC (AIM: FLTA), a provider of fryer management and other services to commercial kitchens, is pleased to announce the UK launch of FiltaShield, a new sanitising service to help businesses combat and prevent the spread of Coronavirus (COVID-19).



Working closely with industry experts and specialist chemical suppliers, Filta is extending its range of environmental services and deploying an approved, laboratory-tested Coronavirus sanitising solution, which is effective against all enveloped viruses, killing them within minutes. The anti-viral solution, which has been developed for use in restaurants, bars, shops, offices as well as healthcare facilities, is applied to a surface by spraying or fogging, leaving behind a mono-molecular layer that bonds to the surface and protects surfaces for up to 30 days.



In addition, as part of its service to tackle Coronavirus and help businesses and public bodies adapt to new safety requirements, Filta has teamed up with a technology supplier to supply and manage temperature screening devices for its customers, which can screen up to 30 people per second for a fever. The devices, which are installed at the entrances of buildings, provide operators with a further preventive measure against the spread of Coronavirus.





CEO of Filta Group, Jason Sayers said: "As companies look to open up again after the current lockdown, the safety of employees, visitors and clients will be a key focus.



"We are proud to have developed this highly effective service in such a short period, and are now helping businesses and organisations make the necessary preparations to get back up and running as quickly as possible.



"Filta has always sought to adapt to the needs of its customers, and has already seen a growing number of orders from existing clients, as well as interest from businesses outside of our traditional customer base of restaurants and hospitality. Whilst FiltaShield is currently only available in the UK, we will look to roll out this service in the U.S. and Europe in due course."
Posted at 17/12/2019 08:19 by biteherbutt
Read this mate

FLTA




In 1997 Jason Sayers, a keen 26-year-old cricketer, became captain of the Weybridge 1st XI. One of his cricketing pals worked shifts in a local restaurant and was badly burnt one evening, as he cleaned the kitchen fryer.

Sayers thought there had to be a safer way of doing the job than emptying hot oil into a bucket beneath the fryer. He scouted around and eventually found a factory in Harrogate that filtered engine oil.

The foreman modified the equipment and Filta was in business. Now listed on AIM, the junior market, Filta specialises in fat, oil and grease management for commercial kitchens.

Reusing fat: Last year Filta saved almost 10,000 tons of frying oil for its customers, which include McDonald’s, KFC and Pizza Hut +2
Reusing fat: Last year Filta saved almost 10,000 tons of frying oil for its customers, which include McDonald’s, KFC and Pizza Hut

The shares are £1.56 and should increase in value, as the company is growing fast and there are significant opportunities for further expansion.

Based in Rugby, Warwickshire, Filta has changed considerably over the years, expanding into the US and Germany and developing different services along the way.

The original fryer cleaning business works with more than 6,000 customers a week, draining and filtering their oil, in a process that is not just safer than traditional methods, but also environmentally friendly, because most of the fat can be reused.

Last year alone, the group saved almost 10,000 tons of frying oil for its customers, which include McDonald’s, KFC and Pizza Hut, as well as Hilton hotels and arenas for American sport teams, such as the Washington Redskins and the Colorado Rockies.

The Harrogate factory still supplies Filta with its fryer cleaning paraphernalia but the businesses operates under a franchise model, so the equipment is rented out to around 200 franchisees on both sides of the Atlantic.

Even though Filta is virtually the only company that offers dedicated fryer-cleaning and filtration services, it has less than 2 per cent of the total market as most restaurants, hotels and suchlike clean their vats themselves.

For Sayers, this represents a huge opportunity, as Filta’s process is so much more efficient than the self-help alternative. Once customers start to use the service, therefore, they very rarely stop.

Trading trends: Based in Rugby, Filta has changed considerably over the years, expanding into the US and Germany and developing different services along the way +2
Trading trends: Based in Rugby, Filta has changed considerably over the years, expanding into the US and Germany and developing different services along the way

Sayers has branched into related areas, too, including the installation and maintenance of specialised kit that separates oil from water when commercial kitchens wash dishes.

This division operates in the UK, where regulation dictates that restaurants, hotels and other big users of oil have to dispose of grease waste safely so it does not clog up drains and sewers. Filta was already well-known in this field but last year bought its biggest competitor, Watbio.

The deal has given Filta a strong national presence, in contrast to most operators in the sectors, which tend to be small and local.

Size makes a difference in this sector and customers include All Bar One and Harvester owner Mitchells & Butlers, as well as several major supermarkets.

MIDAS VERDICT
Midas verdict: Filta shares topped £2.80 a year ago. Last week, they closed at £1.56, partly reflecting market disillusion with smaller firms and partly reflecting concerns that the Watbio integration has taken longer than expected. The slump is overdone.

Filta is an attractive business in a growing sector and the shares should rebound.

Sayers himself owns 48 per cent of the company so he is certainly motivated to make it work. The group even has a ‘green’ element. Buy.

The Watbio acquisition gives Filta better buying power too and revenues are soaring, following the recruitment of more salespeople. Further growth is expected over time, as the enlarged Filta group adds new customers, sells more to existing ones and benefits from increasingly strict environmental legislation.

Filta even collects waste oil for use in biodiesel and provides customers with environmental impact reports so they can see how much they are reducing their carbon footprint by reusing and recycling fat and grease.

The company has a fridge seal business as well, replacing worn out seals in commercial kitchens, another energy-saving process.

Half-year figures, released last week, showed strong growth and brokers expect an 82 per cent surge in 2019 revenues to £26 million and a doubling of the dividend to 3.2p.

Profits are likely to be flat this year at £2.8 million, reflecting costs associated with the Watbio deal, but strong growth is anticipated in 2020 and beyond.
Posted at 16/12/2019 22:34 by biteherbutt
hxxps://www.stuff.co.nz/world/europe/118250064/two-huge-fatbergs-in-londons-sewers-cleared-in-time-for-christmas


Go FLTA go!
Posted at 06/11/2019 08:47 by rivaldo
Indeed. I saw FLTA present in London not long ago. Everything was apparently rosy and the CEO came across well. I didn't buy, but the share price quickly surged to what I thought was too high a level.

Now we have downgraded forecasts from Equity Development of only 1.3p EPS this year, with 8.11p EPS forecast next year.

That's 50% more EPS than even the 5.39p EPS achieved in 2018, so is still quite a stretching forecast.

At 150p that's a forward P/E of 18.5 - pretty high, and leaving a lot in the price in hope value given the disappointment. I'd have thought a 110p-120p share price would be more realistic at the moment.

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