Hilton Food Share Discussion Threads

[billy bonka] 25/10/2010 17:33

Probably the low volume and lack of news. No worries I think we've bought in early and it won't be too long until the flock arrives.

[cnx] 23/10/2010 18:04

i don't know why this has dropped 10% in october . i see this as a long term hold and believe this may be another good entry point , in the absence of any discouragement

[billy bonka] 23/10/2010 17:42

Nobody can say for certain whether a share price will go up and down.

A share price is determined by whatever somebody is willing to pay for it which may be lower or higher than a company's fundamental value.

In my opinion, there is room for growth here. Yes they have a small number of customers but they are big customers which are growing. I'm here for the long term.

Good luck with your investments :)

[philprofit] 20/10/2010 20:29

Anyone Help?
As I'm to new investing- can anyone provide any insight in the following on Hilton Food Group:

Is the value already in the Share Price?

Having researched the business, the fundamentals look very strong (Net Debt down etc); and future prospects look good. It "seems" that there is scope for the Share Price to go further

The only 2 big drawbacks I can see- are 1- reliance of small number of customers & 2 risks of Own Label/Reatiler branded products.

(But as I'm pretty new to this- might have got the above wrong)

Any help is much appreciated.

[doolittle] 14/9/2010 14:39

Agreed, and a nice looking chart.I have no ready funds sadly!

[cnx] 14/9/2010 14:25

excellent results which form a sound base for the future

also nice increase in the dividend

[cnx] 11/9/2010 13:11

the new director is a very senior person in the food industry and will do this company a power of good

[ls lowry] 05/4/2010 21:55

Questor tip they beat market forecasts. The dividend yield should prevent any sharp falls and sustain any rises.

[thepopeofchillitown] 05/4/2010 20:27

Tipped in the Sunday Times

[ls lowry] 31/3/2010 19:10

On a high just what the doctor ordered!

[thepopeofchillitown] 31/3/2010 08:53

Excellent results plus a strong outlook. Should be 300p these.

[ls lowry] 19/1/2010 13:36

Ever higher this was undervalued.

[thepopeofchillitown] 18/1/2010 12:09

Breakout here. Target of 250p.

[thepopeofchillitown] 15/1/2010 12:24

May add to current holding.

[simon gordon] 15/1/2010 11:39

Indie - 15/1/10:

Hilton Food Group

Our view: Buy

Share price: 203p (+5p)

Hilton Food Group's specialist retail meat-packing business may not be glamorous but it has all the signs of being a real winner for shareholders. The last time we looked at the company – in the spring of 2009 – we tipped it as a "buy" on the basis of the recession-resisting properties of the food industry. We were right, and the company's stock has shot up by 40p.

Now, with the spectre of recession receding, the case is even stronger. Yesterday's trading statement reporting strong performance in line with expectations is just the beginning.

The eye-catching aspect of Hilton Food is its geographical expansion. In 2009 it moved into two new countries, the ninth and tenth on its books, with supplies to Latvia and Lithuania from Hilton Food's factory in Poland.

There was also healthy growth from the company's Irish breakfast meats project and good progress from the spreadables meat project begun in July the Netherlands. Finally, at the end of November, Hilton Food signed a Danish deal with Coop Denmark. Construction is about to start on the £20m facility and Hilton should start to see good growth from the agreement from next year.

Panmure Gordon calculates Hilton's price-to-earnings ratio to be 10.4 times, based on estimates for 2010. And with debt falling to just 0.7 times earnings, there is "substantial room to finance future growth opportunities as they arise," the analyst said in a note. This year's trading environment may remain challenging but Hilton Food is well positioned to carry on the good work. "Hilton remains our top-pick stock in the small and mid-cap food sector," Panmure added. We agree. Buy.

[simon gordon] 15/1/2010 11:36

Telegraph - 15/1/10:

Questor share tip: Hilton Food shares are up 27pc but they're still a buy

Meat-packing group Hilton Food, which packages lamb and beef roasting joints and value ranges for supermarket groups such as Tesco and Dutch-listed Ahold, issued a positive update yesterday.

In the 53 weeks to January 3, trading was "strong", the company said without providing any figures.

Its Central European operations saw robust trading, supplemented by new supply into Latvia and Lithuania.

The company's "Irish breakfast meats" project, which came on stream in August 2008, contributed "positively" for the year as a whole. Volumes are building at its Dutch spreadables meat project, which began production in July 2009.

The company is continuing to grow geographically and now has a presence in 10 countries and construction will be started soon on a £20m facility for Co-op Danmark.

The group certainly has the firepower to fund its expansion plans. Hilton said its balance sheet remained strong with net debt at a "modest level" similar to the end of the interim period. As of July 12, the group had borrowings of £22.7m at the interim stage.

The company is unlikely to unveil any major projects in the short term, but it aims to continue to expand the countries it serves from current bases. For example, it plans to move into Estonia, completing coverage of the Baltic states. The group will also continue to try to increase product ranges on the shelves of current customers.

The shares are trading on a December 2009 earnings multiple of 10.8 times, falling to 10 in 2010 and yielding 4.5pc. Questor feels that the rating is not demanding for a company expected to increase earning per share by more than 12pc in 2009. The company will release the full-year numbers on March 31.

Recommended on April 12 at 160p, the shares are up 27pc since the initial tip compared with a market up 38pc. They remain a buy.

[thepopeofchillitown] 15/12/2009 11:20

Lots of sells going through recently but the price is holding up.

Interesting.

[thepopeofchillitown] 14/12/2009 14:06

Good news starting to flow. Fancy a strong update in Jan.

[ls lowry] 29/11/2009 15:27

Saw this tipped in the Telegraph a while ago now. Undervalued.

[davidwilkin] 29/11/2009 15:17

lets hope we can close above 200p by the end of the week.

[ls lowry] 28/11/2009 19:50

Agreed my family bold a small stake.

[simon gordon] 27/11/2009 10:30

Very good news on the contract front, sounds like there could more on the way in the future. Picked up 5,000 first thing, will look to add on weakness. Have been waiting ages for this kind of catalyst.

[simon gordon] 17/11/2009 15:18

Flat after almost three years: