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FLTA Filta Group Holdings Plc

170.00
0.00 (0.00%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Filta Group Holdings Plc LSE:FLTA London Ordinary Share GB00BDB7J920 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 170.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
165.00 175.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 170.00 GBX

Filta (FLTA) Latest News

Real-Time news about Filta Group Holdings Plc (London Stock Exchange): 0 recent articles

Filta (FLTA) Discussions and Chat

Filta (FLTA) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Filta (FLTA) Top Chat Posts

Top Posts
Posted at 16/2/2022 09:10 by jdh1602
I don't have any expertise in company analysis. But from a chart technicals viewpoint, the share price trajectory of Franchise Brands looks distinctly better than Filta group, over the last 5 years. So maybe the share swap will be a worthwhile move for shareholders. The 2 companies look fairly convinced it will be, from the RNS.
Posted at 16/2/2022 08:53 by boydduk
Takes a special management team to get an offer which lowers the share price on the day :-) . Unless things improve surely this won't go through?
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 24/3/2021 14:30 by melloteam
Just to let shareholders and prospective investors know that Filta Group will be presenting at Mello Events’ Results Roadshow Special webinar event on Monday 29th March at 5pm-9:30pm. There will also be other fantastic company presentations from GetBusy, Judges Scientific plc and Digitalbox plc.
There will be over 600 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions including the popular Mello BASH (Buy, Avoid, Sell or Hold).

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.
Posted at 22/6/2020 09:49 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 09:35 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 28/5/2020 11:31 by outsizeclothes.com
"Overall, we scenario planned several out turns with volumes dropping significantly (up to 90% in Q2) and the impact realising some gradual improvement but lasting for a significant part of 2020.

The revenue and operational leverage impact of such a volume loss would have a major negative impact on Group operating profitability however the scenario modelling would indicate that the Group EBITDA would remain positive over the next 12 months and we would anticipate a recovery beginning in late 2020 and into the following years."

Not that bad, but hardly a reason to jump in either. But I have found 2 things that I wasn't quite aware of that would put me off at these levels.

1] Some of the cost increases vs their benefit, esp. combined Admin + cost of sales increases [ £3.77m + £7.62m ] being HIGHER than the increase in revenue [ £10.7m ] :-

"Group revenue increased 75% to GBP24.9m (2018: GBP14.2m)"
"Operating profit down 32% to GBP1.2m (2018: GBP1.8m)"
"The Group generated cash from operations of GBP0.8m (2018: GBP2.0m) reducing to GBP0.3m (2018: GBP0.8m) after the payment of taxes"
" Notes 2019 2018
GBP GBP
Continuing operations
Revenue 5 24,922,526 14,213,204
Cost of sales (14,756,297) (7,130,656)
------------- ------------
Gross profit 10,166,229 7,082,548
Other income 191,404 24,507
Distribution costs (203,344) (151,209)
Administrative costs (8,946,691) (5,173,569)
------------- ------------
Operating profit 1,207,598 1,782,277

2] degree of potential dilution from options:-
"As at 31 December 2019, a total of 1,690,000 (2018: 540,000) were outstanding, having a range of exercise prices from 0.97p to 2.30p (2018: 0.97p to 1.74p) and a weighted average exercise price of 1.76p (2018:1.01p). These outstanding awards have a weighted average contractual life of 8.59 years (2018: 8.33 years)"
&
"Additionally, all qualifying U.S. employees have been awarded share acquisition rights (SARs). The SARs are conditional bonuses whose value will be calculated by reference to the amount by which the price of the Company's ordinary shares has risen above the base price at the date of exercise, thus providing holders of SARs the same reward value as if the SARs were share options. The qualifying conditions and timing of vesting are identical to those within the share option scheme for UK employees. All SARs are settled in cash when exercised. A total of 667,500 SARs has been awarded.
Posted at 13/5/2020 09:16 by bookbroker
What goes up must come down, especially in that market, but some decent moolah might have been made on the doubling in share price.
Posted at 11/5/2020 17:56 by outsizeclothes.com
Interesting interview.
Paints a very bleak picture for the next 6 months to a year, but hopeful ( but by no means certain) of really good growth after that.
I still think there's way too much "blue-sky froth" in this share price right now.
It's happened here before, and I think May's "outlook" will put a pin to this bubble.
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.
Filta share price data is direct from the London Stock Exchange