The nutters have arrived... |
Why add at 182p today when you will get them at 50p in a month? |
I suspect they started talking to investors about raising the funds when the share price was 200p or below. At least I can add at 182p today. |
Fund raise at a 25% discount - ho hum |
Franchise Brands (LON:FRAN) reported full year results yesterday, here is the presentation they gave to analysts at the LSE
Video: hxxps://www.piworld.co.uk/company-videos/franchise-brands-fran-full-year-2022-presentation-march-2023/
Podcast: hxxps://piworld.podbean.com/e/franchise-brands-fran-full-year-2022-presentation-march-2023/
Executive Chairman, Stephen Hemsley (ex Dominos Pizza) and Peter Molloy, Managing Director, B2B Division gave a very comprehensive presentation. The figures are strong with a big contribution from the 2022 acquisition of Filta, which was previously AIM listed.
Revenue £99.2m +72%
aEBITDA £15.3m +80%
aEPS 8.38p +51%
Dividend 2p +33%
Net cash £8m
They run through each of the brands and go into detail on Filta. They plan to sell the B2C division; to grow the B2B division through cross-sell and upsell; to use technology to drive efficiency and continue to look for further earnings-enhancing acquisitions. Stocko is showing an upgrade to forecasts, yesterday. |
Press coverage of the results tomorrow will bring in new buyers pushing the share price even higher. Got to be in it to win it. |
Good results. |
Chart looking good all the way to £2.50 |
Franchise Brands plc, a multi-brand franchisor, issued a trading update for the FY ended 31st December 2022. The Board expects the Group's revenue, adjusted EBITDA, and adjusted EPS for the year ended 31 December 2022 to be slightly ahead of recently-increased current consensus market expectations – these are for revenue of £98.75m, adjusted EBITDA of £14.73m and adjusted EPS of 7.70p. Both top line and EPS are still growing robustly, the share price is already in a solid uptrend. Valuation looks a little stretched with forward PE ratio at 26.4x. But the trailing 12 month PE multiple has trade up to 40x-50x on many occasions over the past 5 years. A cheaper price would be nice, but may not be achievable near term. Certainly worth owning for the longer run given the growth performance that is being delivered. BUY...
...from WealthOracle |
Chart breakout confirmed next stop £2.20 |
Might take advantage of the dip and grab a few more for my holding. Chart still suggests a breakout. |
Maybe but to me it's just a breakout until there is evidence otherwise. Held for 2 years now and nice to see it moving higher . Tbh I hope it's not a takeover as I want to see it move much higher, but time will tell |
Big trades going through something is afoot. Got to be in it to win it !! |
Interesting move upwards today perhaps a takeover approach |
Looking good. Got to be in it to win it no point investors just watching the price rise. |
Mello2022, the popular three-day Investor event takes place on 24TH-26TH MAY at the Clayton Hotel & Conference Centre, Chiswick, W4. The breakdown of the three days is as follows:
Tuesday 24th May, 9am - 6pm - Mello Investment Trusts and Funds (WE ARE GIVING AWAY 20 FREE TICKETS TO THE TRUST AND FUNDS EVENT - THE FREE CODE IS FIRST20TF)
Wednesday 25th & Thursday 26th May, 9am - 6pm - Smaller Growth and Mid-Cap Companies
Just to let shareholders and prospective investors know that FRANCHISE BRANDS will be among the 60+ LSE Small Cap and AIM listed companies attending. There will also be keynote speakers such as Lord John Lee, Andy Brough, Rosemary Banyard, Clarke Carlisle and Gervais Williams.
Tickets for 1 day are £115 and tickets for 2 days are £189. To get 50% off, use code MMTADVFN50.
For more information, please visit the event webpage: |
Km18, market cap is £148m, not £148b (£144b).
Decent company.
That low market cap (or lack of daily trades)is the only reason I don’t own any shares. |
Good results today 36% increase in the dividend too. |
...from last year...
Franchise Brands plc is a multi-brand franchise business, current market cap around £144b. The group currently has 5 principal franchise brands in the UK with over 425 franchisees. The focus is on established brands which can benefit from the group’s shared support services, specialist sector expertise, management experience and group resources.
The group has 2 divisions, a B2B division comprised of Metro Rod, MetroPlumb and Willow Pumps and a B2C division which includes ChipsAway, Ovenclean and Barking Mad.
Todays H1 2021 trading update was reasonable, if not stellar. But the Board is pleased with progress made over the past 6 months. Interim results for H1 will be published on 22 July....from WealthOracleAM |
clocktower
"as have a decent cash pile".
uh. no, imo
nett cash of 5 million
for the size of the business that looks small to me
(& comes from issuing new shares) |
Just to let shareholders and prospective investors all know that Franchise Brands will be presenting at the next Mello Monday investor show on the 8th March..
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)
Not to be missed and use the code MMTADVFN50 to get 50% off tickets and there will be a Q&A session after each company presentation and unanswered questions will be answered by the company and reproduced on our website. |
Might be worth watching the investor presentation as they have a decent cash pile. |
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