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* Weeding out the dogs.
That said, I think that I perhaps need to start thinking about how I can start making my limited funds can start to work a lot harder for me. I don't doubt That there are some good growth companies out there poised for success. It's just a question of fishing them out and wedding out the dogs.
Hi JoeKenny.
I am quite fond of Mars myself personally, as I am with my holding of SGC. I have only a small 3000 holding in each. I did divert some of my SGC holding to buy in here, but I am considering doing the same thing with a small amount of my MARS holding to buy into something with growth potential.
I do want to keep my fingers in those 2 particular pies, but I'm starting to think about getting the limited funds I have working a lot harder and smarter for me.
That said,
Hi trent, sounds great, I reduced my MARS holding as I think that's stagnated slightly and increased my holdings in my growth stock portfolio by around 25%. So I hold a good 15k shares here now. I have quite a lot of faith in the post-economic recovery play, it was an optimism that worked quite well for me last year.
Lots of local places gone bust ready to be bought up by the likes of FUL. I personally think they're at an advantage, since larger firms like MAB are too up to their eyeballs trying to sort their own debts and properties to consider acquisitions.
Going to hold here for the med-long term, we've all seen how quickly SP's can rocket when a company starts actively expanding!
@JoeKenny
I did have a cheeky little add here on Monday. I had planned to only buy a maximum of 2000 shares here as a punt, but I've gone beyond that. I've now got a humble holding of 3700 here.
This will tie in nicely with my Mars & SGC holdings as a recovery play for when normality returns
Although I am considering looking into DX.as a possible swing trade too.
News is indeed building:
https://www.sunderlandecho.com/business/consumer/franco-manca-pizza-chain-looks-to-launch-in-the-north-east-as-its-bosses-seek-out-sites-3215646
Hoping that one can open up in Cardiff soon, can't wait to try out their pizza!
Just topped up here again, hospitality is booming, won't be long until FUL starts implementing a potentially very successful distressed debt/acquisitions strategy
Good morning Glengarth.
It was Crawshaws butchers shops. They'd got quite a few up and running. I understand that they had teamed up with 2 sisters a while back and that was when I lost interest in them.
The one near us is called Sterling meats now so that's where we are with that one.
If Fulham Shore follow a similar pattern, I think that we'd see a similar outcome here sp wise, that was where I got my Guesstimate figures from.
Morning Trent,
Sounds like that company had pretty fantastic success!
Agree, the whole point of increasing the premises footprint is to build the customer base and increase turnover, brand awareness and of course hopefully profit. Now must be an ideal time to exploit weakness of other parties in the industry caused by the pandemic and it's good to see FUL already thinking that way and without the debt pile of others in hospitality.
I would be very pleased if this got to 50p in 12 months - we shall see but there is a v bullish case here imo!
The fact that they have been sniffing round several citys already is encouraging. Even if they open one restaurant in half of those places, it's a good start. And they'll be contributing to The coffers.
I for one will be watching proceedings with great interest.
@Glengarth
I've seen this happen elsewhere. An aim company with huge expansion plans that were opening new shops seemingly every other month. Their share price went from roughly 17p (from memory) up to 68p.
I'm not sure what became of them as I stopped following them a few years back, but that said, I believe that if Fulham expand in a controlled way, taking advantage of potentially negotiating lower rents, I see no reason why 50p per share is not achievable within 12months or so, give ortake.
@
interesting prediction - definitely bullish on this as well, and excited to see the expansion plans come to fruition
Indeed mate. Assuming that expansion proceeds as they plan, I can see an so of between 45 & 55p in med term. Just my Guesstimate of course. Maybe by December - March next year.
Agree Trent, may take the profit from my COM holdings and place them here, have this stock listed as one of my potential multibaggers
Great update, roll on summer
May well add a few more when the news of the RNS settles.
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