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Indeed, looking to the future with this one, one of my medium term holds... when more news of good trading pours in and acquisitions are secured who knows high this SP could go, but rest assured I am buckled in.
Economy is set for rampant incline well into mid 2022
Yes, it looks good and encouraging on the face of it, and I'm not complaining. I'd say it's best to wait to see how things progress naturally over time. Don't forget that most of us have been cooled up at home for the past 12+ months, so we're all in the "novelty value" of being allowed to socialise with family and friends again which has created this surge. It's probably best to wait until normality settles back in to judge peeformance.
A very encouraging rns though. It's good as well that expansion plans will be picked up too. Plenty of sites should become available at favourable rates too.
When restaurants are allowed from 17 May to seat diners inside the turnover will rocket. Hopefully a further trading update in late May will confirm that all restaurants are open and doing great levels of business. This should further increase from 21 June when all restrictions might be lifted. Combined with new openings in June and more to follow through the rest of the year, the business fundamentals will shine through. The Board see exciting times and shareholders should see the benefits. Can shareholders get a discount?
Great trading update, demand high as expected and looking for opportunities... just need to actually begin acquisitions now ... 20p incoming soon
Good build up going on, just need some news
Yes, only 80K sold, but just over quarter of a million bought. This is encouraging.
Yes,
Pretty decent volume today
Someone's keen.
Can someone tell me when the next announcement here is? May mention Brexit impact too
I agree - as one of the best value for money high street food options I hope FUL can maintain its good prices to keep consumers eating in ordering deliveries
The one thing in FUL's favour that I see though is with the quantity of food they import, this must help to reduce that increased cost. But there must, in my view still be additional cost which will be passed on to to the customer. Hopefully, such increased cost should not be enough to put people off.
Given the macro climate, the public seems to be blissfully unaware of price increases for basically all commodities and the inflation question is forever ignored and real answers kicked down the road. Businesses must all be contemplating their price models on account of higher supply side costs. V good question though.
Low-debt, good margin and high volume business models should help I think, like FUL's. Great to see so many people out yesterday and long may summer bring the crowds!
I think we'll see rising prices for pretty much everything in the near-mid term future unfortunately.
I'm signed up to an email alert from a company called Aristeon in Zakynthos in Greece that produces olive oil.
They've said that they will be stopping their mail order service to the UK because Brexit has incresed the costs for them.
Given how FUL do buy a lot of ingredients from Greece, I'm wondering how they will get around price increases.
Just need money and news to start rolling in now... :)
I've been with this one for a while. I like their product very much and the management aren't the usual imported managers that lack entrepreneurial skills - these guys know what they are doing IMHO.
I hope we are going to get some nice news soon about restaurant acquisitions. FUL have the cash to invest into the newly available restaurant spaces from the now defunct competitors.
Personally think time is running out to cash in on recovery stocks, think the likes of MARS and MAB have hit their ceilings, whereas the smaller caps still have a way to go. I've got a bit in RBG and COM and, like this, think they'll increase big time between now and December if all goes to plan with covid easing
I only have a small 1900 holding here, but tempted to add another 1000 or so. Decisions decisions.
Reports of herd immunity being reached in the UK next week...not a master of the science by far, but it's good to hear positive news on the virus and vaccine front for Hospitality in the UK. the re-opening can not come soon enough!
FUL well positioned to benefit imo
Just topped up here, looking forward to the post-lockdown boom now
Great thank you guys, may well buy an extra chunk here pending the price this week. I have not entered here with a target but looking at a 6-9 month time frame, no doubt staycationing will also go on to help this sector big time- can't see why this won't be at the same level as RBG before long (or even MARS if they can follow a good enough distressed debt strategy)...
JK.
You mentioned a reversal.
*****
Due a top up this Month,was looking for 14p although it looks like it is now on the way back.
I was assuming a few profit takers, however, I think sales are now in strong hands, only a few large lumps sold.
A few more days wait and I reckon 15p it is.
ATB holders.
Think you're right JK - looks like 14-15p is a consolidation/accumulation area...news and reopening + acquisition announcement to bring in more cash may help establish a higher range above 20p if all is good and well. Lots of opportunity out there imo.
Tempted to invest another chunk here as I think they'll fly once opening begins and acquisitions are announced...though is anyone waiting for a buy-in opportunity (e.g below 15p)? Personally think this has stabilised at 15p now (particularly judging by the no. of buys). but I'd love for some more experienced FUL investor opinions
I think it is. I've only got a small holding here but I like a lot of what my research has dug up.