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FDG Food & Drink Gp

9.85
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
The Food & Drink Group Investors - FDG

The Food & Drink Group Investors - FDG

Share Name Share Symbol Market Stock Type
Food & Drink Gp FDG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 9.85 01:00:00
Open Price Low Price High Price Close Price Previous Close
9.85 9.85
more quote information »

Top Investor Posts

Top Posts
Posted at 16/1/2008 09:58 by spekky
As a former investor here I sincerely hope this will have a good outcome for those of you still invested,I dont understand how things could get this bad.Fingers crossed.......good luck.
Posted at 06/6/2007 19:28 by jeff h
I wrote to the IC recently pointing out they never give FDG a mention.

I reckon they forgot to include it after the name and ticker change.

They are though covering it in this Friday's edition so it may well
bring it to the attention of new investors.
Posted at 20/12/2006 20:15 by cockneyrebel
Found this on Growth Co Investor,

Food & Drink - BUY

'Details, details' and 'location, location, location' seem to be the twin maxims at growing bar operator Food & Drink, which blasted forecasts with a sterling performance last year.

Finance director Urvashi Parekh stresses that the company, formerly known as Hartford, micro-manages every bar in its estate down to the finest facet to make them efficient as can be. New operations director Ray McClymont – hardened by 20 years' experience – has been taken on to maintain this voracious fastidiousness.

Management won't even look at new locations unless they're situated in the right location and going for a sensible price, with the potential for high returns on capital, such as the cluster of City bars where customers buy the highest-margin fare. 'The market is coming down slightly,' says Parekh, 'and our restaurant disposals and banking headroom give us the capability when the right sites come up.'

Results for the year to September benefited from the integration of 2005 acquisition Henry J Bean's, which was tightened up by the new group ethic and served up a 4.9% like-for-like sales increase from the UK managed sites and contributed revenues of £5.2m. Group like-for-likes were up 5.6%, sales swelled 53% to £20.3m, profit before tax and exceptionals mushroomed 204% to £1.3m and earnings rocketed sixfold to 29p. Gearing shrank from 101% to 80% thanks in part to strong cashflow, allowing the group to declare a maiden dividend of 1p per share.

Parekh says attention is increasingly moving toward margin-boosting food and an executive chef has been appointed to squeeze suppliers and tweak the menus. Furthermore, franchising talks for HJB are ramping up but will 'take time'.

House broker KBC Peel Hunt expects PBT of £1.37m for 2007 with EPS of 24.4p. Recommended by Growth Company Investor at a price equivalent, after a capital reduction, of 132p, the shares have appreciated considerably yet still trade at a healthy discount to the sector. Buy.
Posted at 12/12/2006 10:49 by spekky
Very interesting,15p rise so far compared to 8p yesterday,I was expecting a bit of action last thurs/fri. but assumed it would be over by now.There was n't what you'd call a frenzy last thurs but, instead,we seem to have a more sustainable steady rise.Obviously some savvy investors out there are doing the sums and reckon its good value.Vern,when you said you'd sell at £4 I have to admit it made me smile,however,if it gets into the 270-300p range this side of the Jan update then £4 prior to interims is a distinct possibility.Think I'll send Messrs Kowsun and Thomas a xmas card,they're a top team.
Posted at 13/11/2006 13:14 by spekky
Not sure where they get the zero divi forecast,I think 2p is on the cards,at a cost of say 100k,this will bring them straight into the spotlight and do more to attract bigger investors/institutions to assist with future expansion.

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