Placing Noticed on smw... placing @ 760 ... now that's a great discount to the 845p price today.10 %.... well done all those who got those ... any PI ..lol
NEW ARTICLE: Hilton brings home the bacon "LSE:HFG:Hilton Food Group celebrates its tenth birthday on the stockmarket in May. The meat packer's first decade as a listed company has been one of consistency and momentum, and the shares have rallied more-than threefold. It even surprised ..."[link]
NEW ARTICLE: Shares to buy, hold or sell: Standard Life's Harry Nimmo "Harry Nimmo, manager of LSE:SLS:Standard Life UK Smaller Companies trust, talks to David Brenchley about the stocks he has been buying, holding and selling recently.Star fund manager Harry Nimmo has been at Standard Life Investments for 32 years. ..."[link]
NEW ARTICLE: Hilton Food targets new high "We've discussed the number of companies hitting all-time highs regularly over the past few weeks. JD Sports did it earlier Tuesday, and now LSE:HFG:Hilton Food is within a whisker of making a new record, triggered by better-than-expected ..."[link]
interims ahead of expectations "H1FY16s PBT of £16.7m (+26.7% y/y) is ahead of our and consensus expectations of £16m. Our FY16 forecasts are unchanged for now whilst we note the pleasing 12.2% interim dividend increase to 4.6p. These interims impress on three key levels; (1) HFGs underlying trading performance remains strong despite the context of a dynamic and challenging grocery retailing backdrop, combined with macro uncertainty and attendant currency volatility; (2) the first real evidence of the important financial benefit of HFGs significant capacity investment in the UK and expansion in Australia; and (3) the strong momentum running throughout the business."Panmure update on today's results, taken from Research Tree
HFG dropping out of the FTSE AIM Looks like HFG will be out of the FTSE AIM from June 20th.."HFG's share price has fallen 12% since reaching an all-time high of 610p on May 27th. The vast bulk of the fall has however occurred since June 2nd following the publication of the FTSE UK Index Series Annual Review June 2016. HFG will therefore drop out of the FTSE SmallCap Index on June 20th for liquidity reasons. On fundamental and valuation grounds, we see this 12% fall as unwarranted and therefore believe the current weakness in HFG's share price creates an attractive buying opportunity, particularly given HFG's..."Panmure note from this morning, taken from ResearchTree.
Panmure published a new note out this morning on Research Tree: "HFG's share price has fallen 12% since reaching an all-time high of 610p on May 27th. The vast bulk of the fall has however occurred since June 2nd following the publication of the FTSE UK Index Series Annual Review June 2016. HFG will therefore drop out of the FTSE SmallCap Index on June 20th for liquidity reasons. On fundamental and valuation grounds, we see this 12% fall as unwarranted and therefore believe the current weakness in HFG's share price creates an attractive buying opportunity, particularly given HFG's..."
Read Panmure Gordon & Co's note on Hilton Food Group, out this morning, on Research Tree: "Today’s trading update is in line with HFG Board’s expectations. We therefore leave our FY16 estimates unchanged, but we highlight the continuation of the established positive patterns. We also note the positive tone of management commentary which bodes well for the rest of FY16 and beyond, with the tone underpinned by HFG’s increasingly potent competitive position, a clear, consistent and demonstrable strategy for continued profit growth, sound financial position, and good operating cash flow generation. We retain..."
Infographic comparing HFG and ABF Good Hilton Food Group / Associated British Foods plc comparison. Has analysts estimates of EPS which is interesting. [link]