Fletcher King Share Discussion Threads

[liarspoker] 30/4/2007 11:23

Fletcher King Plc



30 April 2007



Appointment of Group Managing Director

Mr Richard Goode, an existing executive director of the company, has today been
appointed Group Managing Director of Fletcher King in succession to Mr George
Howard, who, as previously announced, retires today.

ENDS

[liarspoker] 30/4/2007 09:11

Moving up nicely. :O)

[1968jmw] 26/4/2007 12:15

Put 2k into ISA.

Nice of it to dip a bit

[raxzi] 25/4/2007 15:53

Wouldn't have thought the news would be worth the increase in the share price Hang about for a day or three and you might get these cheaper than they now are.

[bigmolly] 25/4/2007 15:40

There's more posts here today than around a field full of sheep...welcome all.

And yes that's a great trdaing update.

BM

[liarspoker] 25/4/2007 15:07

3 v 2 Still looking strong.

[nomad70] 25/4/2007 14:15

Phew. Glad I picked some up the other week. Terrific RNS this morning.

[cockneyrebel] 25/4/2007 14:12

H1 divi increase was 59%. If that is translated into the final divi (and it sounds likely from the statement) you have a 5.4% yield, historic, at this level.

Earnings growth running at 30-40% and a fwd PE of 10-11 perhaps?

Looks cheap imo.

CR

[meadow50] 25/4/2007 12:16

Excellent trading update this a.m...not only re current year but future too.I agree with CR's prediction.Nice to see others here,at one time it seemed that Bigmolly and I were the only holders.Mine are in a PEP so another divi hike will be very pleasing.
Good luck holders.

[liarspoker] 25/4/2007 12:09

3 v 1 - more to come imo. :O)

[cockneyrebel] 25/4/2007 12:04

Picked up a few this morning.

Looks like 7p eps on the cards for the year imo. Should mean a fwd PE of 10-11, ISAable and from that statement it's going to be a bumper final divi or special divi with the finals?

Looks cheap and a nice safe looking place for some ISA money over 4 months or so imo.

CR

[liarspoker] 25/4/2007 11:10

Nice one goatman.

Wish that I'd seen these earlier myself.

[goatman] 25/4/2007 11:02

Hi Liars

Had a wadge of these in the ISA for some time. :o)

G

[liarspoker] 25/4/2007 10:50

In for a few this AM. :O)

[supersturrock] 10/4/2007 22:25

Very under-rated stock on fundamentals. Due for a rise anyway.

[nomad70] 10/4/2007 19:29

The following website has joined the party today @ 82p. £1 here we come. :-)

[nomad70] 12/3/2007 16:45

Bought back in again today at 79p. Looks ripe for a bounce.

[churchill2] 10/2/2007 18:47

Hi Bigmolly

Encouraging statement re future prospects. I can still see a 100p in the distance. Keep up the good work.

[bigmolly] 10/2/2007 07:51

I liked that look at 80p on Friday, some consolidation here now through div payment and then hopefully a little more to come.

[bigmolly] 26/1/2007 07:29

Turned out nice again!!!

Slowly slowly catch a monkey.

Have a nice weekend all.

[rossco] 24/1/2007 13:42

Very good news about profits and dividend. The interim dividend usually counts for 20% of annual total so it looks like a full year dividend of 5p is on the cards. Even at 80p that still equates to 6.25% net.

[churchill2] 23/1/2007 17:40

Thanks Bigmolly

Wonderful figures. As George has mentioned should galvanise the share price.

[meadow50] 23/1/2007 17:30

Hi Bigmolly
looks like there are only the 2 of us holding these.Earnings spike looks sustainable and I'm surprised the share price only moved up a fraction.Look forward hopefully to 80p if reported in press/IC this weekend but its a very small company.
Cheers George

[bigmolly] 23/1/2007 14:15

Fletcher King announces strong performance for the half year and anticipates
full year results significantly in excess of last year.
Financial highlights:
* Profit before tax up 45% to #308,000 (2005: #213,000)
* Turnover up 11% at #3.45m (2005: #3.10m)
* Increased in interim dividend of 59% to 1.0p (2005: 0.63p) which will be
paid on 16 February 2006

Well long term holders this says it all for me....

IN EXCESS OF LAST YEAR, AND AN INCREASED DIVIDEND AND SALES GROWTH.

Well done that management team, now lets hold the 70p please.

[brad1] 09/1/2007 12:48

Interims could send this to new highs. I like the yield as well as the steady, albeit slow, growth.