Filta Share Discussion Threads

[boydduk] 16/2/2022 14:07

For sure, but a decent trading update also. Not convinced this is in the shareholders interests. I wonder what the management team are getting from the deal.

[outsizeclothes.com] 16/2/2022 12:29

Looks as though the news leaked a couple of days ago, and those in the know are now cashing out into the "rise" of the last couple of days.

[boydduk] 16/2/2022 09:14

Hope so because it's not worth cashing my chips

[jdh1602] 16/2/2022 09:10

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.

[boydduk] 16/2/2022 08:53

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?

[jdh1602] 16/2/2022 08:44

:-)) Exactly what I was thinking! And I was so hoping for a nice 30-40% share price jump when I first saw the RNS!

[boydduk] 16/2/2022 08:19

Please contain your excitement everyone

[km18] 07/2/2022 13:53

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

[bookbroker] 07/2/2022 10:26

At least we now have some news on trading, these were pretty good, like to have seen UK exceed do better but glad to see second half improve on first. Be interesting to see the result after first half with everything in UK now open after 1st Q. Lockdown. Like to see them make a good push into mainland Europe now lockdowns lifted.

[bookbroker] 31/1/2022 14:02

Sayers needs to issue a trading update, this is now just adrift on a lack of news. Theoretically the performance of the business should have continued to improve, omicron notwithstanding, in the UK and US. Obviously lockdowns in Europe prior to Xmas likely had a bearing, but it’s time we had some news.

[bookbroker] 26/1/2022 13:04

Like to see a good update here, irritating falls recently after the positive reports last year. Re-opening in 2021 should have boded well, even if Europe saw lockdowns in some markets late on.

[bookbroker] 12/1/2022 13:58

Expect this company to thrive considering they actually save food outlets money by purifying their oil, particularly with the rising cost of all cooking oils.

[1yellowjersey] 09/6/2021 10:52

Positive press coverage of yesterday's Trading Update;

[scepticalinvestor] 20/4/2021 07:38

update does not justify mkt cap10% drop on open? 20%?

[melloteam] 24/3/2021 14:30

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.

[bensug] 09/11/2020 13:34

Can't believe this has not shot up on yet on the vaccine news. This company is totally geared to the leisure and hospitality industry...vaccine news means the worst is iver for FILTA.. We could see a return to 200's

[1yellowjersey] 23/9/2020 12:30

Filta is hosting a conference call for private investors tomorrow (Thursday, 24 September) at 14:00 (U.K. local time). The Company's CEO, Jason Sayers, will lead a presentation covering the interim results, followed by a question and answer session.



Please RSVP to the following email address : [e-mail].

[energeticbacker] 16/9/2020 10:21

Interim Results for the 6 months ended 30 June 2020 saw revenues decline 32% to £8.3m with the Group falling to an operating loss of £662k. Cash inflow from operations was a positive £0.5m with period end net debt down 9% to £1.9m.

More on the Investor's Champion website.

[energeticbacker] 04/9/2020 12:15

NHS contract offers a great boost indeed.

The shares leaped 20% on the news, albeit on small volume, but remain more than 50% off year highs.

More on the Investor's Champion website.

[babbler] 04/9/2020 08:36

Nice contract

[thewheeliedealer] 21/7/2020 22:10

Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion covers FLTA. We also chatted about loads of other Stocks and as always a fair bit of general Portfolio Management educational stuff. Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want TPI Podcast 27) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful,

Cheers, WD
@wheeliedealer

[davemac3] 25/6/2020 09:31

pub opening should be boom time for Filta. I guess the problem is can cash strapped pubs afford it when the stuff Filta offer isn't compulsory.

[maytrees] 24/6/2020 12:27

119p to sell at present; perhaps odd as that is the mid rather than sell sp

[3rd eye] 22/6/2020 12:47

FLTA Filta Group,

the trades to date show BUYS way ahead of SELLS, the 8% plus fall was way overdone this morning.(it should be a bargain entry point) Can only think it may be mistakenly being mixed up with the Covid Crowd or we have a big buyer waiting for an order to be filled.

Anyway heres the figures so far today........

Trades 31

Vol. Sold 5,936
Sold Value £6,945
Vol. Bought 24,287
Bought Value £28.42k
PE Ratio 84.173
Earnings 1.39
Dividend 1.64
Yield 1.402%