Fuller Smith & Turner Share Discussion Threads

[mitzis] 21/6/2007 13:12

Good luck to you Guy..

[guythomas] 13/5/2007 09:38

i'm looking to short all brewery stocks because of the implications of the smoking ban...anyone gonna join me?...lets make some money together

[mitzis] 24/4/2007 19:08

Pubs could be the new Buy to Let according to Geoff Foster of the Mail....

[mitzis] 19/3/2007 09:23

Poised for breakout to new high some time this week.

[chopshs] 14/2/2007 17:36

Very quiet here... Anyone else interested? This has been one of my best performers over the past 5 years. Very nearly 5 bagged and has just become my second biggest holding. Still looks reasonable value. Probably not long to wait until we see further sector consolidation?

[chopshs] 07/1/2007 16:18

Has the 10% rule been relaxed? There was certainly a suggestion a couple of months ago that it would be.

[mw8156] 07/1/2007 14:01

Cant convert because the families own more than 10 per cent of the stock?

[chopshs] 03/1/2007 00:28

Anyone got any idea of the potential added value to be had from REIT conversion?

[mitzis] 02/1/2007 19:14

An all time high today.. cheers..

[mw8156] 17/12/2006 14:49

Do we get a nice divi increase following the Master Brewer sale? Site probably worth more than what they got but it was under option...

[mitzis] 24/11/2006 09:44

Panmure Gordon have a buy and 1750p target.

[chopshs] 24/11/2006 08:32

Results look very good to me:

Financial Highlights

* Turnover up 35% to #91.1 million (2005: #67.4 million)

* Profit before tax up 31% to #10.9 million (2005: #8.4 million)

* EBITDA up 48% to #20.4 million (2005: #13.8 million)

* Basic earnings per share1 increased 33% at 33.54p (2005: 25.29p)

* Interim dividend per share1 increased 15% to 6.47p (2005: 5.63p)


Corporate Progress

* Strong performance across the Group

* Gales successfully integrated and expected synergies achieved

* Managed Pubs profits up 82%

* Uninvested like for like sales in Managed Pubs up 4.3%

* Tenanted Inns profits up 61%

* Beer Company profits up 14%

* Net interest costs up #2.9 million

* Five new managed houses in the second half


1 Calculated on the #1 'A' ordinary share


Commenting on the results, Anthony Fuller, Chairman of Fuller's, said:

"We have seen an excellent start to the year, with all parts of the business
performing well. Our profits for the first half increased by 31% to #10.9
million (2005: #8.4 million) on an increase in turnover of 35% to #91.1 million
(2005: #67.4 million).

"The Gales trading pattern provides a summer balance to our previously
winter-weighted business and we anticipate achieving further good results from
the combined estate in the second half of the year, although the comparative
figures will include four months of Gales trading.

"The #17.1 million proceeds from the sale of the Brigstow Hotel in Bristol will
allow us to continue investing in new pubs for Fuller's Inns, and we expect to
add to the five acquisitions that are already due to complete in the second
half. We will continue to invest in both our managed and tenanted estates to
prepare for the coming smoking ban.

"Fuller's has a strong management team, a consistent long-term strategy and a
commitment to growing returns for our shareholders. With this in mind, we look
to the future with optimism and determination and, although the second half will
see more measured growth as we celebrate the anniversary of the Gales
acquisition in December, we are well-placed to continue our good performance."

[dire straights] 23/11/2006 09:36

I told you that yesterday !!!!!!!! lol

yours Dire

[mitzis] 23/11/2006 09:30

Shares mag says buy Fullers today.

[mw8156] 22/11/2006 17:45

Many thanks Dire
Fullers must be the Rolls of brewers as the FT suggested...

[dire straights] 22/11/2006 10:07

Mw8156

Fullers has, post Gales, 360 pubs of which 78% are freehold.

But since the purchase of the Gales estate Fullers has changed tack and is going back to basics by selling the Brigstow and closing the Master Brewer hopefully selling land to Tescos and doing what they do best, running good pubs and brewing great beer.

Yours Dire

[mw8156] 21/11/2006 18:16

Report suggests Youngs has 180 freehold pubs; how many has Fullers ?

[dire straights] 21/11/2006 16:12

Hi Mitzis

Esb too strong for me but if you like a strong drop you should try Golden Pride.

ROCKET FUEL !!!!!!!!!!!!!! ROLL ON FRIDAY should have some idea how the Gales purchase is effecting the bottom line

Yours Dire

[mitzis] 21/11/2006 15:20

Hi Dire..

I prefer ESB its a bit stronger but Friday will suit me fine..!

[dire straights] 21/11/2006 13:43

Hi Mitzis

Mine's a pint of Pride but wait until after friday !

You might feel like buying a few in the evening after the results

Yours Dire

[mitzis] 20/11/2006 14:56

The drinks are on me..

[mitzis] 20/11/2006 09:02

Anyone fancy a pint...?

[mw8156] 22/10/2006 13:43

If it can also sell the master brewer then shareholders might get a special divi?

[whackford] 03/10/2006 08:30

Good deal selling the Brigstow, I think.