Flutter Entertainment Share Discussion Threads

[cockneyrebel] 25/8/2010 11:33

A typo in that post above - 22p eps and a 10.2p divi forecast by RBS for next year not 22p divi - sorry.

CR

[cockneyrebel] 25/8/2010 09:17

How are these so cheap after saying they are materially ahead and with results tomorrow? This is a FTSE250 co.

CR

[cockneyrebel] 18/8/2010 09:00

"As a result of cumulative trading from 1 January 2010 to 5 June 2010, it is now
anticipated that the Company's performance for the half year ending 30 June 2010
will be materially ahead of the Board's previous expectations.

An outlook statement for the full year will be issued on 26 August 2010, with
the results for the half year ending 30 June 2010."

RBS forecasting 22p eps and a 22p divi for the year ahead - ruddy cheap for a FTSE 250 stock even if they aren't materially ahead imo.

Results next week.

CR

[cockneyrebel] 15/7/2010 09:43

breakout picking up pace

CR

[cockneyrebel] 14/7/2010 11:01

Chart breaking out today

CR

[wynmck] 24/6/2010 08:17

Full page BUY Tip in Shares Mag today

[cockneyrebel] 23/6/2010 11:49

Out the traps - through 223p then it's test the highs then a blue sky rally imo.

CR

[cockneyrebel] 23/6/2010 11:37

Large volume - overhang gone or nearly gone - should belt away once done imo - there was huge buying for these on the results at much higher a price.

CR

[cockneyrebel] 21/6/2010 12:55

Panmure forecasting 19.4p eps this year, 22.1p next year - bound to be cautious ahead of the results imo.

Divi forecast to go to 9.2p+ next year by RBS.


A fwd PE under 10 and a near 5% yield from a FTSE250 stock growing earnings at around 35% this year.

That looks cheap to me.

CR

[cockneyrebel] 21/6/2010 12:52

Big double bottom @ 198p and now the big push north imo.

CR

[edcrane] 17/6/2010 06:51

and from the Guardian with some new profit estimates

Panmure Gordon has moved from hold to buy and raised its target price from 233p to 265p. Analyst Paul Jones said:

Unexpectedly strong growth in a number of areas for Filtrona, with a combination of restocking through the supply chain and strong performance in a number of different areas. Given the attention to cost base and an improvement in mix of products, the drop-through to the bottom line is also slightly better than expected.

A number of markets appear to have seen a return of demand, and prospects appear much better than before - albeit with little visibility and certainty. However, strength of this growth suggests a much better year for Filtrona and given cost reductions and efficiency improvements an increasingly improving bottom line.

Our full year [forecast of] £55m rises to £60.6m, with next year £60.7m rising to £68.8m.

[cockneyrebel] 17/6/2010 06:43

It was undoubtedly a good day for investors in Filtrona yesterday as the group surprised the City by saying it was doing better than expected. The dividend yield alone justifies a buy recommendation and yesterday's share price jump shows that Filtrona is now on the market's radar. The case for buying shares in Filtrona is compelling and investors should fill their boots. Buy, says the Independent.

[cockneyrebel] 16/6/2010 10:20

0757 GMT [Dow Jones] Panmure Gordon upgrades Filtrona (FLTR.LN) to buy from hold, and boosts its target price to 265p from 233p. Says the company issues a very positive update, with growth much better than expected and margin improvements dropping through. Adds a number of markets appear to have seen a return of demand, and prospects appear much better than before - albeit with little visibility and certainty. "However, strength of this growth suggests a much better year for Filtrona and given cost reductions and efficiency improvements an increasingly improving bottom line," it adds. Shares +17% at 229p.

CR

[cockneyrebel] 16/6/2010 07:29

if 'materially ahead' they must do 20-22p imo. That should mean 22-24p eps forecasts for next year imo.

A sigle digit PE for a FTSE250 stock with this sort of growth?

Probably looking at a 10p divi next year or perhaps this year if they are that well ahead.

Looks very cheap still imo.

CR

[cockneyrebel] 16/6/2010 07:17

even after that statement they are well off the recent high.

Must make a new high if they are 'materially ahead' surely.

CR

[deadly] 23/2/2010 20:59

results Thursday.

From the trading update:
"During the period since the interim management statement of 23 October 2009, the Company has traded in line with the Board's expectations.

On a Group basis, provisional 2009 revenue was up 2.8% versus the prior year and down 5.8% at constant exchange rates"

[deadly] 23/2/2010 20:51

Can't understand why anyone posts on the other thread when there's no charts on it.

[d0ubtf1re] 09/2/2010 16:52

Yes this one is on my Feb shortlist, nice 4% rise today has caught my eye. Prelims on 25th, late cyclical recovery play. Broker forecasts call for around £45m pre tax which would deliver a unchallenging PE ratio of 7.7 c/f to sector average of 14. Only question is what happens to group net debt, it has been rising over the last few years ideally i would like to have seen some effort at reducing this.

[dafrog] 17/1/2010 20:13

wright ups! What a nerd you are.

[deadly] 11/1/2010 15:11

Bouncing back nicely. Was kind of the market to present such a good buying opportunity

[royeggy] 06/1/2010 09:39

Can't find anything on the big drop yesterday. No idea at all, but have just bought 2ks worth hoping for a bounce back.

[inki] 05/1/2010 17:48

Any news - down 11% - or is it just reserved for insiders.

[salpara111] 02/9/2009 15:28

Well, just offloaded for 170p, despite the loss I reckon that any gains from here on in are going to be difficult to achieve.
Good luck to all those still holding.

[salpara111] 29/8/2009 12:48

Set a sell order for 175, not sure if we will even get there as I think that the market as a whole is due a pull back soon and that will make it very difficult for even FLTR with its decent results to move forward.

[dr darkstar] 27/8/2009 16:12

resistance around 190 might be where to consider that