Flutter Entertainment Share Discussion Threads

[the white house] 27/9/2019 11:42

Flutter Flying Whatever

[the white house] 26/9/2019 21:19

Last year Q3 July-Sept trading update notice 18 Oct for 2 Nov

[the white house] 26/9/2019 19:35

Can someone change the company name to Flutter, if this is possible!?

[the white house] 26/9/2019 19:34

Ok took some time to find but is this the one to use re Paddy/Betty/Fanduel etc!?

[merism] 03/9/2019 11:43

FLTR is now Flutter Entertainment plc.

[bradbury3559] 05/6/2019 11:41

Come join the party #BBSN

[m.t.glass] 04/8/2013 14:38

I have set up a new thread for Essentra (ESNT).

[johnv] 28/6/2013 12:23

FLTR is now ESNT

[b17nns] 20/5/2013 15:45

Doing well. More to come?

[jdgarner] 18/5/2013 11:48

Anyone know why some sites are listing the current price as 470?

There was one trade took place for 470.08 yesterday:


Don't really understand how that can happen :/

[birdsedgeuk] 26/4/2013 19:02

Just seen share covered on www.traderdiary.co.uk

[werty5] 25/4/2013 20:46

IMS did not move the share price could be because stock has held up quite well in the recent market down turn. Could be 101 things who knows? still a cracking share imho.

[werty5] 25/4/2013 07:25

Good looking IMS

[waldron] 08/4/2013 10:26

BlackRock Inc

has reduced its holding to 17% APPROX

[waldron] 08/4/2013 10:20

Apr 25, 2013
FILTRONA Annual Shareholder Meeting - 12:00pm

Apr 25, 2013
FILTRONA Q1 Interim Management Statement

[waldron] 08/4/2013 10:19

Apr 25, 2013
FILTRONA Annual Shareholder Meeting - 12:00pm

Apr 25, 2013
FILTRONA Q1 Interim Management Statement

[the grumpy old men] 07/4/2013 15:33

A SHARE WORTH WATCHING

[the grumpy old men] 07/4/2013 15:24

Financial CalendarFiltrona plc Annual General Meeting and Q1 Interim Management Statement
25.4.2013

Filtrona plc Half Year Results Announcement and Presentation
31.7.2013

[the grumpy old men] 07/4/2013 15:22

Major Shareholders Amount % Holding
BlackRock Inc 42,970,833 18.44
AXA Investment Managers SA 16,913,385 8.11
Oppenheimer Funds 14,402,019 7.00
Threadneedle / Ameriprise 10,616,539 5.06
FMR LLC 10,651,023 5.05
Cazenove Capital Management Limited 10,261,528 4.99
TIAA-CREF Investment Management/Teachers Advisors Inc 10,469,124 4.96
J P Morgan Asset Management Holdings Inc 10,091,621 4.91
Invesco Limited 9,861,147 4.79
Allianz SE 9,744,959 4.79
Ignis Asset Management / Resolution Investment Services 8,062,190 3.92
BT Pension Scheme Trustees Limited 7,516,925 3.66

[bluebelle] 21/3/2013 09:27

Colin Day, chief executive of Filtrona, reluctantly accepts that his £1.3 billion company is a type of conglomerate. When such beasts as Hanson Trust and Williams Holdings last stalked the corporate jungle, they were indeed collections of seemingly unconnected businesses; Filtrona contains within it a maker of cigarette filters and one providing labels on drugs and healthcare products, and again, it is hard to see much connection between these.

However, making cigarette filters is a strongly defensive business, as is making cigarettes themselves, and provides excellent cashflow, from a market growing at 11 to 12 per cent a year, as Filtrona wins market share and smokers in emerging territories switch to more sophisticated brands.

The market supplying pharmaceutical products is likewise growing by 8 or 9 per cent a year, driven by the usual demographics: an ageing population and more sophisticated healthcare in those emerging markets. Regulation is increasing the amount of information consumers must be given.

Mr Day says Filtrona, spun out of Bunzl when the latter decided to devote itself purely to distribution, is in essence a maker of foam, fibre, filter and plastic products that are high volume, relatively low value, and essential.

He has placed a further bet on those pharmaceuticals markets with the £160 million purchase from private equity of Contego Healthcare, a UK company that provides print and packaging. This is the biggest deal so far for a business more inclined to small bolt-ons and is funded by means of a placing of new shares equivalent to almost 10 per cent of the issued share capital.

Filtrona had tended to fund smaller deals out of debt but had always made it clear that anything significant would be funded by fresh equity. The market had no qualms; the placing went through without a hitch at 675p, a premium to the price in the market at the time, and Filtrona shares ended 28p ahead at 690½p.

The business being acquired has lower margins than the division it is joining, there are plenty of cost savings available, and Contego products can be sold to Filtrona's existing customers and vice-versa. It looks like a textbook deal.

Filtrona has ambitious plans but is already just short of a share price target set only two years ago. The shares sell on almost 19 times this year's earnings, which looks high, but farther progress looks assured in due course. Buy on any weakness.

[bluebelle] 19/3/2013 18:22

Looks like it was pretty well received, dasv.

[dasv] 19/3/2013 07:23

Placing to acquire pharma packager Contego for 160m

[werty5] 26/2/2013 18:42

Fundamentals look good for Filtrona. Also looking at the weekly chart MACD Histogram looks like it is just entering a new trend ticking upward and EMA based on a 26 week (half year) also trending higher, so share price looks set to rise for a little while yet, with luck.

[bluebelle] 26/2/2013 15:11

Not many others are blue today (so far !) !!!