Hilton Food Share Discussion Threads

[wiltowin] 19/9/2022 09:23

www.fx.lol

[alotto] 19/9/2022 09:17

Drop the rates? Can you share a link please?

[wiltowin] 19/9/2022 08:58

They're going to drop the rate by 100bp......lol

[alotto] 18/9/2022 21:17

The fed will hike interest rates, just as the bank of England will

[wiltowin] 18/9/2022 09:27

A lot of shares traded hand's on the 15th and 16th so the bottom might just be in but more cash on hand if it drops on Thursday after the Fed rate decision on Wednesday evening, also the mini budget could just cook up a tasty re-trace this coming week?

[alotto] 16/9/2022 20:07

28k is not that meaty

[wiltowin] 16/9/2022 17:10

Couple of chunky buys of 28,000 just before today's close.

[wiltowin] 16/9/2022 17:05

Sure in a few years we'll all be eating meals in tablet form lol..

[alotto] 16/9/2022 11:26

That's for sure, what about consumer acceptance, will cultured meat look the same, taste the same as meat, or will it be in the form of an overprocessed burger, rather than a good looking and tasting proper stake?

[wiltowin] 16/9/2022 11:06

Livestock are one of the biggest contribution of pollution, just think how many sheep and cattle there are, so cultured meats might just be the way forward in these green times?

[alotto] 16/9/2022 10:32

What are your thought about cultured meat, I have the feeling that there isn't much market for it. Not among vegans, nor meat eaters either.
On the back of the recent trading update:, could inflation and higher interest rates constitute an existential risk for Hilton Food? I wouldn't like to see the company being taken over under-priced at some point in future.

[alotto] 16/9/2022 08:38

I was confident in a rebound, 30% fall is harsh.

[wiltowin] 16/9/2022 08:00

If this fall's again I'm in maybe should've bought yesterday though for the rebound, we'll see?

[blackhorse23] 15/9/2022 21:49

https://www.google.com/amp/s/capital.com/amp/cury-currys-share-price-double

[archy147] 15/9/2022 11:44

What I don't understand is why is this still trading on a PE of 15, even after todays drop?

Isn't it (still) priced a little generously? Tesco is on 11, by way of comparison.

[fabius1] 15/9/2022 11:39

I suspect it is being marked down on potential recessionary impacts on foodstuffs that might be considered close to 'luxury' items. Meat and two veg is generally the fallback when lean times beckon. It certainly looks overpriced to me and all it takes is a little nudge to prompt a correction in a nervous market.

[alotto] 15/9/2022 09:59

I don't think it is a demand warning, volumes are up (in terms of tonnage) and in terms of revenue, obviously sale price rise increases revenue.
I think raw materials inflation will ease eventually, in the near future. We are seeing oil prices declining already. That is nothing happens in the political environment, especially considering that NATO is eyeing to sanction China!

[sphere25] 15/9/2022 09:37

"While we benefit from the strength of our diversified business model and continue to grow volumes internationally, Hilton has not been immune from the impact of macroeconomic headwinds. Across our markets, we have seen volumes come under pressure with the cost of living increasing and consumers becoming ever more cost-conscious. In our Seafood business these trends have been exacerbated with world events leading to unprecedented raw material price increases.

Given these factors, and combined with the impact of start-up costs and rising interest rates, the Board now anticipates that profitability for the year will be below expectations"

If it isn't a demand side warning, it is a cost side warning. Some will be doing both which could really get the alarm bells ringing. The harsh reality of this market is that you simply cannot do a warning. The market marks you down on in line statements (or eventually causes a move down), let alone a warning.

If you're loss marking like TRST and ITM recently, or THG today, you just continue to get obliterated. If they have a decent cash runway to eventually not burning cash, and the market turns in time, some could pop back when the market regains those roaring bullish spirits.

I just wonder if there might be a few takeover bids soon too if the cash runaway is at least a few years out (and buyers see a realistic chance of profitability) as the brutal beat downs continue.

Overall, it is just a proper cleanse by the market.

All imo
DYOR

[salpara111] 15/9/2022 08:52

I dont get it....on a skim reading I don't see the huge red flag that took the share price down 28%.
Did I miss something?
Usual issue with cost inflation etc. If it had been marked down 10% I would have considered that a fair response.
I had a small holding but have doubled up, the business is fundamentally sound so happy to see how it plays out over the next couple of years.

[alotto] 15/9/2022 07:24

Margins squeezed by cost inflation.
On the positive note there is the ingress in the US market and increased volumes.
Something I was expecting

[alotto] 08/9/2022 11:46

Trading update in a week today

[alotto] 14/6/2022 14:53

I have read somewhere that vegan meat substitutes have very very thin margins. How does play out with Hilton, is vegan meat a business worth going into?

[km18] 18/2/2022 17:40

...from last year...

Company overview: A business established in 1994 and founded in the 1960s operating in many countries across the world and headquartered in Cambridgeshire. Their main service is packaging for the major international food retailers. It’s a B2B (Business to business) company that works closely with the leading food retailer to match the needs of their customers and be their first preference.

The EPS growth rates have been quite consistent, averaging at 11.83% over the last 5 years. HFG has performed exceptionally well matching the needs of their client and have seen their biggest growth from the year 2020 – 2021(Revenue rising from 1,815 to 2,774). ROCE of 12 from last 3 years???

Latest communication from the company is in the form of the interim results. We can see that the revenue is growing by 35%, year on year, reaching 1.71 bn from 1.26 bn. However, the operating profits are down from last year due to an exceptional item, named an extensive fire in groups facility in Belgium. As a result, the bottom-line figure is below 2020. The company has seen healthy growth rates in all regions, with Europe keeping the operating margin but increasing the revenues slightly and Australasia outperforming significantly 2020 generating £634.6m in revenue – 2.78 times increase. Outlook is positive and management expects “full year results to be in line with expectations”. Hilton foods is also looking to explore further opportunities in the markets they serve....


....from WealthOracleAM

[alotto] 03/2/2022 13:07

Anyone has a view on Robert Watson sale of 50,000 shares at 950p, followed by more sale in January worth £1.2m by co-founder Brian Ashford-Russell?