Hilton Food Share Discussion Threads

[philanderer] 10/12/2021 14:46

Placing = 1140p

[tole] 08/9/2021 07:08

Hilton making 'healthy' choices, says Shore CapitalHilton Food Group (HFG) has acquired the remaining 50% of its joint venture partner, Dalco Food, which broker Shore Capital says is a 'healthy positive'.Analyst Darren Shirley reiterated his 'buy' recommendation on the stock after the acquisition of Dalco, which is a leading vegan and vegetarian product manufacturer based in the Netherlands. Hilton's shares were down 0.5%, or 6p, at £11.58 on Tuesday.'[This] is a healthy positive for Hilton, further strengthening its position in what is a strongly growing protein category and demonstrating in our view the medium to long-term strategic thinking that has underpinned the group's excellent track record of sustained growth,' he said.Shirley left his forecasts unchanged but will look to update expectations after next week's results.'The stock is trading on a 2021 price/earnings ratio of 19.6x... We reiterate "buy",' he said.

[pugugly] 08/2/2021 14:14

Personal marker at 1050p re RW - To watch list

Very quiet thread - usually indicitive of a good value share - Query however the move to veg based meats?

[philw2009] 20/1/2021 21:03

Non-exec just bought £10k too.

[philw2009] 20/1/2021 20:58

I've owned HFG since 2010 but in July 2020 I saw a headline, "Coronavirus: Why have there been so many outbreaks in meat processing plants?" and panicked and sold out for £12.26.

However, all was fine. So I'm happy to have bought back in at £10.19 on Monday! Hopefully it returns to previous levels pretty quick, I don't see any reason why it won't (famous last words..)

[plootocrat] 18/1/2021 11:40

Chairman just bought £100,000 worth

[2toptrader] 17/1/2021 08:03

"(Sharecast News) - Shares of food packing company Hilton Food tumbled on Friday after an undisclosed institutional shareholder placed a 9.9% stake.
According to traders, 8.1m shares in the company were placed at between 1,050p and 1,100p - compared to Thursday's closing price of 1,164p - with JPMorgan the bookrunner.
A trader said it's likely the seller is Fidelity Management & Research."

Clumsy sale. at first I thought it was a downgrade but couldn't find anything and it didn't make sense given the strong trading. Bought in at £10.45 on Friday , I'm hoping it will recover quicker than 3-6 months ! Don't know if I can be that patient.

[salpara111] 16/1/2021 14:14

I bought in here for the second time at 1090 recently and was pleased with the market update on Thursday and then somewhat alarmed by the drop on Friday!
As the company has said nothing I can only assume that a very large block of shares has been put on sale.
It is disappointing that it has not been managed in a smoother manner, for a stake of this size they would normally market it via a bookbuild behind the scenes and then announce it as a done deal.
We are now down 14% and well below the suggested offer price, having said that, it is a very illiquid stock so anyone wishing to acquire a significant portion of the business would expect to pay a premium.
I have set another limit order for 975 as I really like the business and expect the share price to recover over the next 3-6 months.

[phillkay] 15/1/2021 20:56

Can you explain what this means? Scuttlebutt is that Fidelity has placed their 9.9% holding at between 1050 and 1100. Thanks

[uncle_sam] 15/1/2021 13:52

Hmm. Yesterday's trading update claimed that 2020 performance beat expectations, and that 2021 trading outlook "remains positive". So after +6% yesterday, its down -12% today. Scuttlebutt is that Fidelity has placed their 9.9% holding at between 1050 and 1100. Accounts and ratios look fine; business niche and clients seem solid. No share chat here or elsewhere.

Taking a punt.

[lasata] 17/9/2020 07:41

Thoughts on these results?

[djetel] 16/1/2020 14:47

Always going to have to wrap this company's product, no matter how ungreen packaging might be. Long term, it has now invested in non-meat products which is an area that seems set to increase. I like this stock. It's a quiet board so they must be doing something right!

[fadilz] 09/1/2020 11:54

I recently bought in because it appears a great and reliable growth stock - with dividends to boot.

My main worry is the long term threat that packaging is becoming very un-green.

Do you have any thoughts on this?

Thanks
F

[philw2009] 09/1/2020 08:39

I still like this boring stock despite not much growth in the last 18 months.

[philw2009] 02/7/2018 13:54

And we hit 1000! Nice work HFG.

[typo56] 27/6/2018 09:07

HFG gets promoted to the FTSE 250 on Friday. Could be some volume at close tomorrow (28 June).

[philw2009] 28/3/2018 10:40

What great results. The market seems to agree.

Good work HFG, keep it up.

[undervaluedassets] 31/10/2017 12:04

Meat packing - nice and boring

My best performing share this year.

[philw2009] 03/8/2017 16:57

Peel Hunt reiterates buy target of 825p - hope they're right.

[philw2009] 03/8/2017 15:05

Great stuff HFG.

Hopefully this will support the move over 800p and keep it there.

[douglas fir] 02/8/2017 17:51

Hilton confirms deal talks for Seachill

hxxps://www.undercurrentnews.com/2017/08/02/hilton-confirms-deal-talks-for-seachill/

[douglas fir] 02/8/2017 17:48

hxxps://www.undercurrentnews.com/2017/08/02/tesco-meat-supplier-with-global-reach-in-exclusive-talks-for-seachill-say-sources/



ProductAtlantic salmonM&A
Tesco meat supplier with global reach in exclusive talks for Seachill, say sources
By Tom Seaman Aug 02, 2017 12:54 BST
Saucy Fish Brussels 2017 Seachill

A

A
Comment

A key meat supplier to Tesco, the UK’s largest retailer, is in talks to buy fish processor Icelandic Seachill.

According to two Undercurrent News industry sources, Hilton Food Group -- a red meat processor that had turnover of over £1 billion for 2016 -- is the company that Seachill’s Icelandic owner, the Enterprise Investment Fund (FSI), is now in exclusive talks with.
Report
Seafood’s Top Dealmakers: Cross-border, cross-sector consolidation gathers pace
AUTHOR Undercurrent News
PUBLISHED Jul 14, 2017
View report

Undercurrent first reported the talks on Wednesday. Then, later in the day, Hilton issued a stock exchange release confirming the talks.

Hilton "notes the media speculation in relation to a potential acquisition and confirms that it is at an early stage of discussions in relation to such a transaction. There can be no certainty at this time whether any agreement on such transaction will be reached, and a further announcement will be made as and when appropriate", the company said.

KPMG is understood to be working on the buy-side for Hilton, sources told Undercurrent.

[philw2009] 14/6/2017 23:07

Which index?? :-)

Good to see intra-day go past 800p.

Nice write up in IC too