Yet the share price did not move. This is one of those stocks that will recover once the BoE rates will drop IMO.
And that's not going to happen anytime soon. Thank Labour and Rachel Reeves. |
4*
Hilton Food Group issued a solid trading update for the 52-week period to 29th December 2024 this morning. For the full year the Group expects to report results in line with expectations, these are for adjusted PBT range of £74-77m, with a mean of £76m. This would be up from reported PBT of £66m in FY23 or growth of about 15%,
...from WealthOracle
wealthoracle.co.uk/detailed-result-full/HFG/1125 |
Trading update tomorrow 09-01 |
4*
Hilton Food Group issued a short but upbeat sounding trading update for the period from 1st July 2024 to 19th October 2024 this morning. The strong performance delivered in the first half of the year has continued in the third quarter across all three geographical operating regions, with trading in line with the Board's expectations. Current consensus is for around 15% statutory profit growth which is impressive for a Food business with single digit top line growth...from WealthOracle
wealthoracle.co.uk/detailed-result-full/HFG/944 |
Wrong thread, sorry will delete |
Markets are irrational. HFG could be a doubler in a 5 year timeframe. But a doubler for some investors is considered a lousy investment these days... |
Someone please explain why this share went down today |
Defiantly Ben |
Defiantly Ben |
A bit of an overreaction considering the results. |
I can see your concern however it is premature to call it downturn.
£12 per share still on the cards considering the opportunities laying ahead.
Inflation is coming down, ECB reducing rates, BoE may follow suit.
Revenue from Canada will feed in in due time.
The director sale yesterday (£130.000) got me a bit worried but then I realised he still got £16-18 millions worth of shares. |
What's with the sudden downturn? |
Positive TU update today. I was expecting the market to have a more positive response. I hope the TU will help maintain the current share price when we go ex-dividend in just over a week. Maybe we will be trading around £10 per share in a few weeks. |
The gap in the chart from 2 years ago is almost filled. What to expect next? HFG is in a better shape than 2 years ago with the big contract win with Walmart. Rates are higher than 2 years ago. Will the share price push to £12 in 2024? |
Did that director buy or sell or twist? |
Faz and I took it |
that dip today was a buying opportunity - onwards and upwards |
It will rerate considerably with the massive debt reduction and, although modest, volume increase, I wasn't expecting a debt reduction especially with the expansion in Canada for Walmart. Very good job. |
Steady progress Div increased. |
Is a re-rating in the region of 12 still on the cards, with the current level of interest rates? |
Mines still here |
Money moved to GNC |
Trading update should be for tomorrow. |
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