Hilton Food Share Discussion Threads

[cestnous] 08/4/2024 12:37

Did that director buy or sell or twist?

[alotto] 03/4/2024 16:20

Faz and I took it

[faz] 03/4/2024 15:21

that dip today was a buying opportunity - onwards and upwards

[alotto] 03/4/2024 09:41

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.

[cestnous] 03/4/2024 07:38

Steady progress Div increased.

[alotto] 14/2/2024 14:01

Is a re-rating in the region of 12 still on the cards, with the current level of interest rates?

[cestnous] 27/1/2024 17:40

Mines still here

[blackhorse23] 12/1/2024 08:05

Money moved to GNC

[alotto] 06/11/2023 19:54

Trading update should be for tomorrow.

[cestnous] 14/9/2023 08:38

Well it’s benefitting from today’s excellent announcement.

[alotto] 20/7/2023 10:18

HFG didn't benefit from recent uplift of the footse.

[alotto] 14/4/2023 18:06

The problem seems to be the low pricing power.

[pugugly] 07/4/2023 08:05

revisited at 678p
PUGUGLY8 Feb '21 - 14:14 - 193 of 254 Edit
0 1 0
Personal marker at 1050p re RW - To watch list

Very quiet thread - usually indicative of a good value share - Query however the move to veg based meats?
Looks like I missed a falling knife - Just luck - However also missed the bounce from 497p.
Any value left? Or likely to fall back as a result of falling real disposable income as a result of increased taxes and inflation.

[kalai1] 05/4/2023 13:01

Hilton Food Group plc posted Prelims for the 52 weeks ended 1 January 2023. Group revenue was up 16.5% to £3.8bn underpinned by the contribution from newly acquired businesses, a first full year of trading in New Zealand and an inflationary impact. Volume growth was a more modest 4.3% to 513,816 tonnes. Headline operating profit was down 14.8% to £54.0m after exceptional items of £11.9m, relating predominantly to the 2021 fire at the Group’s Belgium site, adjusted operating profit was down 3.3% to £71.1m with margins taking a hit in the inflationary environment. Adjusted basic earnings per share was down 26.4% at 45.1p, financing costs rose through 2022. Valuation looks pretty reasonable with forward PE ratio mid-third, PS ratio top quartile for the Food & Tobacco sector. The balance sheet is in decent shape, share price is building some positive momentum this year, the macro outlook is the main risk from here and margins in the sector are tight anyway. HFG is a solid Food name at a decent price, with decent 4% dividend yield and decent prospects. Easing inflation pressure should help support margins. BUY...

...from WealthOracle

[alotto] 05/4/2023 07:17

Expect a bloodshed today guys

[alotto] 28/3/2023 13:13

Trading update next week

[alotto] 03/1/2023 10:19

Trading update due Thurs next week.

[alotto] 23/12/2022 09:36

I have compared margins for two business that I consider pretty similar, HFG and premier food., over about 5 years.
Gross profit margins for HGF average at about 12%
Gross profit margins for Premier average at about 34%
Operating margins for HFG 2-3% vs Premier 15%.
Operating cash flow is very similar, capital expenditure much higher for HFG.
Are margins thin because of capital expenditure, which should drive growth, or is there anything I am missing behind the low margins?

[alotto] 25/11/2022 17:51

I averaged down to 8.50.. I hope we see £12 pounds again within 1 year

[archy147] 25/11/2022 17:39

No you haven't we're back there again now

Any ideas why this hasn't started recovering yet; common sense seems to be returning to rest of the market but not here so far?