mantrova
06 Apr 2017
75p target price, from finnCap That's up from their last tp of 47p. so we should be expecting to see some commensurately good looking numbers in general from Real Good, as the news story progresses.A year ago and even without this new acquisition we had an actual 45p share price, so plenty of catch-up to be done and the new tp makes it easier ground to cover.Morning Star are showing div's recommencing for the year to March 2017 and increasing in 2018, so possibly a good one for ISA buyers.gla, foodies,m
deepsleeves
05 Apr 2017
Re: Brighter Foods purchase call me cynical but if the deal is earnings enhancing rom day 1then the founder of Brighter Foods has sold out very cheaply. On the basis that he is an able entrepreneur, supported by his building the business, one must ask.Really??? and all in cash? as pointed out.Given RGF's dubious record on acquisitions I will continue to defer any investment for some time.Deep
pharmaspecialist
05 Apr 2017
Brighter Foods purchase On the face of it this acquisition sounds promising, particularly as Real Good Food says it will be accretive to earnings and Brighter is working in an attractive area, so the share price rise of 10% at the time of writing seems rational. However, the fact that the founder of Brighter has not retained a large stake and has received payment in cash rather than Real Good Food shares is perhaps a bit discomforting. It should be remembered that despite employing 170 people, Brighter is a start-up company (Winner of the Wales Start Up Awards, September 2016) so it remains to be seen how sustainable it is, but the workforce certainly look happy on the Brighter web site! Need to monitor progress carefully.
Lochstyle
28 Nov 2016
Question HiHow do folks view the likely increase in costs of raw materials (as a result of the falling pound) in the food industry impacting or not on RGD? I am considering adding this company to my portfolio and would appreciate some other points of view.Many thanksLoch
Cocker too
24 May 2016
Sugar shortage [link]
mcescher
30 Mar 2016
Reasonable value and in sound financial shape. Summary of this report on Real Good Food [link]
Hensington Holdings
29 Apr 2015
Sale Great, thanks for thoughts.
pharmaspecialist
29 Apr 2015
Re: Sale My opinion is that the sale of the sugar business is the right strategic move and it reduces risk substantially, but it does not make Real Good Food into a growth business as there is still alot of work to be done in improving the financial performance of some of its smaller businesses. The company appears to be focusing on niche food businesses serving the trade and retail markets, although the Hayden's Bakery business is more mainstream rather than niche. I like this approach as the profit margins should be better with niche businesses. Now that the business has been de-risked I am happy to hold to see whether management can succeed in growing its other businesses, some of which have decent brands which are recognised within their sectors. I just hope the company will not be tempted into a major acquisition before it has got all of its existing businesses growing nicely.
Hensington Holdings
29 Apr 2015
Sale Anybody have a view on where this might get to?Great to see rise this morning, but only to the level it was prior to significant preceding fall.Would welcome any thoughts?Thank
pharmaspecialist
01 Apr 2015
Re: where are we I'm afraid I do not know how much Napier Brown would fetch but is the biggest sugar distributor in Europe so it is a significant business and I would expect it to be of strategic value to one or more larger companies. I would agree that selling it is the right decision as it will not only strengthen the balance sheet, it will also have a significant impact on profit margins in the long term. It should also help reduce the chance of further profit warnings. There is an interesting parallel in the milk industry where Dairy Crest is currently trying to sell its commodity milk business to focus on higher margin branded dairy products. This competition authority is currently looking at this deal and I am unsure whether there would be any competition implications for the proposed Napier Brown sale. Profit warnings are never welcome, but I do like the strategy apparent from today's Real Good Food RNS.
CASTLEFORD TIGER
01 Apr 2015
where are we Probably make a trading loss for the year.lots of excp costs also.Possibly sell on NB but for how much?Would that transform the balance sheet?I think they HAVE to sell it to be honest.When its gone what left and how much can that make?Tigerps no position here
Slip Digby
11 Dec 2014
Interims? Supposedly the interim results should be out in December but I can't find any more detail than that, does anyone know when they'll be out?I was hoping for an update on the disputeThanks
