||EPS - Basic
||Market Cap (m)
Hilton Food Share Discussion Threads
Showing 151 to 171 of 175 messages
|"H1FY16’s PBT of £16.7m (+26.7% y/y) is ahead of our and consensus expectations of £16m. Our FY16 forecasts are unchanged for now whilst we note the pleasing 12.2% interim dividend increase to 4.6p. These interims impress on three key levels; (1) HFG’s underlying trading performance remains strong despite the context of a dynamic and challenging grocery retailing backdrop, combined with macro uncertainty and attendant currency volatility; (2) the first real evidence of the important financial benefit of HFG’s significant capacity investment in the UK and expansion in Australia; and (3) the strong momentum running throughout the business."
Panmure update on today's results, taken from Research Tree|
|Really pleased with the results today - what a great performance.|
|Testing 600 again, a break above 600 will see it fly|
|got another update from panmure
Today’s H1 pre-close trading update is “in line with the Board’s expectations”. This reflects a continuation of the established overall positive trading patterns and individual country performances seen at the AGM trading update on May 25. In light of sterling continuing to depreciate against all of HFG’s key trading currencies (e.g. 62% of HFG’s FY15 revenues were generated outside the UK), we upgrade our FY16 and FY17 EPS forecasts by 4%, reflecting positive translational FX effects. The real news is HFG extending its capabilities, for the first-time-ever, into an adjacent fresh food category: pizza.
|Panmure update on their conviction list:
"Post-Brexit, HFG offers defensive and high predictability of growth as it sells quality basic food products, for which there will always be continuing demand, to successful blue chip multiple retailers in the developed world. In FY15, 62% of HFG’s turnover was earned in countries outside the UK with a wide geographical spread. HFG has FX translational exposure (so depreciation of sterling should be good for reported profits) but little transactional FX exposure, as HFG’s international operations all have natural hedges in place as, broadly, they buy raw materials, source services/employees, sell products and arrange funding in local currencies."
|Looks good, nice to see them expanding into another country.|
|The big volume will come at the closing auction on Friday 17th June that’s the price that the Index Trackers are benchmarked against so they will sell it then.
There could be other bargains to be had in some of the other liquidity fails as well!|
|Ah thanks for that.
I'm sure a writeup in IC or something can't be long in coming...
I might top up on that news.|
|Not sure why it's dropped back so much?|
|Read Panmure Gordon & Co's note on HILTON FOOD GROUP PLC (HFG), out this morning, by visiting hxxps://www.research-tree.com/company/GB00B1V9NW54
"Recent FY15 results represented a continuation of HFG’s impressively strong financial track record of growth and profitability over the past 10 years, demonstrating again that HFG is a high quality and well-managed business. HFG remains well-placed strategically, financially and operationally to deliver further growth from its market-leading positions..."|
|Another positive trading update.
Hopefully 600p will follow in the run up to the results.|
|Nice to see HFG pushing comfortably past 500p following the positive RNS.
I have a feeling we'll see an acquisition here next year and I'm looking forward to that too.|
|Panmure buy and 570p target has been reiterated twice lately|
|star of my portfolio for the last few weeks ☺|
|I understand they've got their capex behind and are getting new volume, hence the sharp hike in EBIT margins in 2016. But they are a see-though processing company, with an history of volatile margins and working for clients with tremendous bargaining power.
And not being exciting does not mean being cheap.
Anyway, watch list.
Brokers pushing it at the moment.|
|Nothing is exciting about it. That's the point, if you're happy to buy and hold for a few years.|
|What is so exciting about a meat packing business trading at 15x?|
|Numis upgrades to 'buy' tp 534p|
|David Buik @truemagic68 53 minutes ago
Panmure's Jonathan Leinster reiterates a 'BUY' recommendation for HILTON FOODS|
|Low volume , no buyers, not looking too good.
400p next chart support , and another month until results.|
|And a few more @ 460p today.... 50k x 2 plus 95k|