Hilton Food Share Discussion Threads

[simon gordon] 17/11/2009 15:18

Flat after almost three years:

[engineer66] 17/11/2009 15:01

Surprising large fall today when latest trading statement of 5 Nov positive. The company is well positioned and ought to do well even if it is just currency terms. Weakness seems to be perhaps an over reliance on a handful of customers. Look good value to me but quality of earnings could be a concern.

[davidwilkin] 04/11/2009 20:20

in today off the back of a decent write up in money observer, not the most exciting stock but i need a bit of peace and quiet with at least a little of my portfolio, 225p short term for me and then will re-assess. (Can see these being £3 in 18 months time) good luck all.

[beaufort1] 17/9/2009 15:00

Tipped in today's Telegraph

[beaufort1] 17/9/2009 11:53

Well this is bouncing back very nicely after good interims earlier in the month

[simon gordon] 30/6/2009 10:50

Brewin forecasts - 7/5/09:

2009
T/O - 777m
PBT - 18.9m
EPS - 18.3
DPS - 8.9

2010
T/O - 829m
PBT - 21.4m
EPS - 21
DPS - 9.6

Brewin reckon:

"220p places the company on an EV/EBITDA multiple of 5x current year, falling to 4.5x in 2010: at this level Hilton is still on a 10% discount to its peer group."

*Trading update - 16th July.

[haywards26] 27/4/2009 19:58

There have been frequent substantial director buys here. It does signal internal confidence in the company prospects.

A note of caution - I wonder if the current swine flu outbreak will have any impact on pork sales?

[gordon brown] 27/4/2009 08:03

Even more director buys. This one now owns 6.66%.

[caw1965] 24/4/2009 14:19

can anybody shed any light on the these automatic trades today ....someone started buying small lots of 20 odds shares, then selling a few, then increasing slowly to 30 then now around the 40 shares at a time?? every 2 or 3 minutes anyone small auto tradegoing through. its been bringing the share price down slightly all day? thanks

[haywards26] 23/4/2009 22:25

Like I have said previously they are on my watchlist, but would not buy in with a share price over 165p. Especially in current economic climate, where I think there is a reasonably strong chance of the markets falling further than the last recent lows. Bringing the majority of stocks down with it. At present see better value elsewhere, but with director buys being encouraging, a fall will see my interest grow further. IMO

[engineer66] 23/4/2009 22:17

Looks pretty reasonable value, not withstanding Simon Gordons comments.
Quite low volumes being traded for a company of this size.

[gordon brown] 23/4/2009 19:34

More Director buying today.

[haywards26] 15/4/2009 20:21

HFG are on my watchlist. I like the growth, divi yield. Will likely be a buyer on any weakness under 160p. Will further analyse the annual accounts also, but on initial viewing appear to be fine.

[gordon brown] 15/4/2009 12:20

My wife likes these so much she put them in her Isa.
It's a very interesting company. Underated and no threads running.

[simon gordon] 13/6/2007 14:53

From Belfast Today - 31/5/07:

'THE Province's newest public limited company is showing a strong performance on the London Stock Exchange since being listed only a fortnight ago.
Hilton Food Group, which was established as the packaging sister-company of Londonderry-based Foyle Meats in 1994, floated on the LSE's main market on May 17. The business, which employs more than 1,300 people across five European plants, has seen its share price rise from £1.50 to more than £1.85 since its debut.

Hilton Food Group was founded by the owners of Foyle Food Group together with other Ulster and English investors to package and supply meats from Foyle Food Group to leading supermarkets, including Tesco and Dutch giant Ahold.

Headquartered in Huntingdon, Hilton's turnover in 2006 was £527 million – up 17.6 per cent on the previous year – while profits topped £15.5 million, which was a 13.7 per cent increase on the 2005 figure.

The company also has facilities in Sweden, Poland and the Netherlands.

Ulster Bank has provided banking services to Foyle Food Group for more than 30 years and financed the establishment of Hilton Food Group. The bank recently funded a major financial restructuring of Hilton to prepare for the flotation.

Ulster Bank corporate banking director Kevin Kingston said: "Hilton Food Group is a major Northern Ireland success story, having been spun out of a long-established and successful local business, founded and developed by Northern Ireland investors and management team and having been supported through its establishment and growth by a Northern Ireland bank."

Co Tyrone man Robert Watson, who is chief executive of Hilton Food Group and a founding member of Foyle Food Group, said the flotation was undertaken to further enhance the company's reputation and to optimise its growth potential.

"The business has proven extremely attractive to investors since the initial public offering and we are confident that we now have a very strong foundation to support further geographic expansion in Europe." he added.

Since it was established in 1994, Hilton has grown to become one of the largest dedicated packers of red meat in Europe, based on revenue.

Hilton's core business activities involve the processing, preparation, packaging and delivery of fresh and value-added beef, lamb and pork products.

The group operates to high standards of traceability, hygiene, food safety, shelf life and overall product quality required by its customers.'

[simon gordon] 25/5/2007 16:56

Hi Hard Work,

Could you add this link to the header:



Could you also delete the Long Term chart for now - saves time scrolling down. Thank you...

I have requested a Prospectus, once I've read it I'll post any useful info.

[hard work] 23/5/2007 18:21

A good 20% return within a week...any price targets out there?