times The Times have tasty as a hold.Never bet against the Kaye family they say
Results out this week were good They slightly beat broker forecasts Forecasts EPS was 5.6p and the achieved 5.78p so they beat forecasts by 3.2% New Forecasts are out for 2016 and 2017 2016 EPS Forecast 7.40p EPS Growth 28.% PER 21.6 PEG 0.77 2017 EPS Forecast 10.80p EPS Growth 45.9% PER 14.8 PEG 0.32 2016 valuation looks high with a PER of 21.6. 2017 looks good with a PER of 14.8, good EPS Growth of 45.9% giving a great PEG of 0.32. Shares are down about 19% from their peak. If they were to drop a little more I think I would buy a few more. I dont think they will drop enough to bring the PER down to 16 which is normally like to buy at or below. For a good company with management that has a proven record so I'd be ok and paying for a slightly higher valuation than I'd normally like.Follow me on facebook[link] Twitter@GrowthStocksUK
Re: sold my holding Back in at 168.88p.gla have a target of 185p by the end of year.
Re: sold my holding Just sold out as well at 196p. How did you get a PER of 25? I was thinking it was around 40. I'll also be back in on any significant dips, hopefully around the 180p mark gla
sold my holding Sold today at £1.91.PER 25 for 2016 so a little high but PEG goodTop of my list ifit dropsGood luck
Topped up today Tasty also came to my attention when it came up in my most profitable & reliable searches. It has appeared in this search for a while (nearly 2 Years ago at 86p). I bought some last year at £1.03 but I've been a bit topping up.I've only bought a small amount more as I'm pretty much fully invested after topping up on my favourite stocks during this weeks correction.I bought 1519 more shares at £1.26 totalling £1,900What I look for when buying a stock4 years of continual growth which can be a combination of historic and forecast growth YesLow Forecast PER (<16) & PEG (<0.7) and good EPS Growth (>15%) No in 2015 but Yes in 2016Based on a price of £1.26 on 28th Aug-152015 EPS Forecast 5.6p EPS Growth 21.2% PER 21.8 PEG 1.03 2016 EPS Forecast 7.7p EPS Growth 37.5% PER 15.8 PEG 0.42Below are based on 2014 ResultsPositive 1 Year Relative Strength - YesPositive 1 Month Relative Strength YesROCE of 20% - No 14.6%Profit Margin of over 7.5% - Yes 10%Cashflow Per Share greater than EPS around 1.3 - Yes 2.1Low Gearing Yes -4.7%Director Share holding >10% - Yes 41%Quick ratio of > 1.0 but preferably >1.5 No 0.6Dividend Yield (a nice to have) forecast None forecastToday Bought 1519 shares at £1.26 totalling £1,900Follow me on facebook[link] Twitter@GrowthStocksUK
sp After the Sp held steady at approx. 135 for many weeks it has suddenly fallen with quite a few sales[ a lot for this share] anyone one have any ideas?
sp Two buy trades shown today and yet the SP is marked down
sale f 9500 shares shown as sell on this site is shown as buy on Hargreaves and LSE sites.
Anybody know why the sudden interest in Tasty?