AGA Rangemaster Share Discussion Threads

[m.t.glass] 21/3/2003 15:13

"..THE stock market has got a new Mr 20%. William McGrath, chief executive of cookers group Aga FoodService, today lifted its full-year dividend by a fifth to 6p and pledged to produce future 20% rises so long as sales and export targets are hit..."

[m.t.glass] 21/3/2003 15:12

"..THE stock market has got a new Mr 20%. William McGrath, chief executive of cookers group Aga FoodService, today lifted its full-year dividend by a fifth to 6p and pledged to produce future 20% rises so long as sales and export targets are hit..."



Aga’s Falcon subsidiary, based in Larbert, recently won a £250,000 contract to fit out the kitchens at the new Scottish Parliament, and chief operating officer, Stephen Rennie, said Aga was looking for further growth in Scotland. He said: "We’ve just opened an Aga centre on Frederick Street, and plan to increase the number of Fired Earth outlets throughout Scotland."

[m.t.glass] 21/3/2003 11:01

Yep. Been short, been long. Now watching.

[cat] 21/3/2003 10:47

getting close to shorting it again

[m.t.glass] 21/3/2003 08:37

LONDON (AFX) - AGA Foodservice Group PLC year to December 31 2002
Total sales - 330.3 mln stg vs 370.3 mln
Pretax profit before goodwill - 33.5 mln stg vs 29.0 mln
Pretax profit - 27.0 mln stg vs 24.7 mln
Total operating profit before goodwill - 30.3 mln stg vs 25.7 mln
Total operating profit - 23.8 mln stg vs 19.1 mln
EPS before goodwill - 20.2 pence vs 13.0
EPS - 15.2 pence vs 9.5
Final div - 4.1 pence
Total div - 6.0 pence vs 5.0

vjt/

[m.t.glass] 20/3/2003 09:28

And as for Ape's opening question - this BBC piece from last year covers the company's business fairly well:





Subsidiaries include mono equipment at Swansea - the people behind so many instore bakeries in supermarkets etc.

[m.t.glass] 20/3/2003 08:41

Rising again after yesterday's contract announcement:

"..Aga Foodservice's drive into facilities management has been given impetus by
winning a three-year contract with Sainsbury's to maintain food preparation
equipment in its 486 stores nationwide. Aga Foodservice will be maintaining an
increasing proportion of equipment supplied by the Group as it has, in parallel,
won a three-year supply agreement for bakery and refrigeration equipment.."

See

Company website:

Aga’s Falcon subsidiary, based in Larbert, recently won a £250,000 contract to fit out the kitchens at the new Scottish Parliament, and chief operating officer, Stephen Rennie, said Aga was looking for further growth in Scotland. He said: "We’ve just opened an Aga centre on Frederick Street, and plan to increase the number of Fired Earth outlets throughout Scotland."

[m.t.glass] 20/3/2003 08:39

Rising again after yesterday's news:




"..Aga Foodservice's drive into facilities management has been given impetus by
winning a three-year contract with Sainsbury's to maintain food preparation
equipment in its 486 stores nationwide. Aga Foodservice will be maintaining an
increasing proportion of equipment supplied by the Group as it has, in parallel,
won a three-year supply agreement for bakery and refrigeration equipment.."

See

Company website:

And some background from the BBC:

Subsidiaries include Mono equipment at Swansea - the people behind instore bakery installations in supermarkets.

[m.t.glass] 19/3/2003 11:41

In the past hour or so:

"..Aga Foodservice's drive into facilities management has been given impetus by
winning a three-year contract with Sainsbury's to maintain food preparation
equipment in its 486 stores nationwide. Aga Foodservice will be maintaining an
increasing proportion of equipment supplied by the Group as it has, in parallel,
won a three-year supply agreement for bakery and refrigeration equipment.."

See

[jonny walker] 12/2/2003 13:22

AGA falls to the year low as analyst question trading in recent months

[pug] 28/10/2002 11:04

good volume today, I think it could be time to have another look at this one for a break-out. Any views?

[theape] 14/8/2002 01:17

I'm interested because they bought a business off Enodis, and assumed they made AGAs.

can someone enlighten me.

ape

[seymour clearly] 01/6/2002 12:36

Just looking at the chart for these, have been watching and waiting for a while. My interpretation of this is:

Bouncing off 280 with next barrier 320 (July 96, April 98), then 360ish. Any thoughts anyone?

[eurofox] 20/5/2002 20:35

the forsyte aga?

[beefy222] 20/5/2002 20:30

Looking for a steady income? Follow the link....

[cat] 16/5/2002 18:30

Looking good for £3.50 pdq

[tricky] 16/5/2002 15:54

Spot on guys, I was short a few weeks ago believing it had stalled. Now reversed so beware it will probably tank now!

[big vern] 16/5/2002 15:33

Nice one Cat - looks like these will take off.

[gjj] 16/5/2002 08:34

Snap.

In there yesterday !!

[chester] 16/5/2002 07:53

Considering what Aga charge for servicing, I'm not suprised we're breaking out.

[cat] 15/5/2002 15:58

New life in an old stock - with the recent aquisitions a very new Aga is developing.
Recent stock strength with build up in volume.
Chart looking impressive.
With the £3 barrier looking as if its broken, another 30 - 50p could be on the cards quite soon.

[cat] 15/5/2002 15:56

New life in an old stock - with the recent aquisitions a very new Aga is developing.
Recent stock strength with build up in volume.
Chart looking impressive.
With the £3 barrier looking as if its broken, another 30 -50p could be on the cards quite soon.