Jump to content


Photo
* * * * * 1 votes

FBR/Famous Brands Limited


  • Please log in to reply
130 replies to this topic

#21 Hooligan

Hooligan

    Advanced Member

  • Members
  • PipPipPip
  • 208 posts

Posted 28 October 2014 - 10:07 AM

Obviously the market prices in future earnings. It does that for every share.

What I'm saying is that at these levels you are paying way to much for those forecasted earnings.

In other words FBR's high PE cannot be justified by it's expected future earnings. My opinion.

 

Good business.

Way to expensive.

 

 

Apple - 16

Google - 20

Those are high PE's that can be justified...

 

Sasol for example is on a PE of 9... Comair on 7...

Now here's value I believe.

 

SAB is on 28... Anchor on 36... NPN is on 82 atm!

High expectations here. Very.

 

 

Yes PE is on EXPECTED future earnings. BUT, at what point does it become ridiculous?

I prefer looking at PEG.

Never only buy quality. Buy value.

Why are you kicking FBR here?

Technically speaking it was much more expensive a year ago.  I agree it is still expensive - but so is the rest of the market.

Last I checked average PE was close to 20...

 

Sure, I won't be buying more at this level, but while they are still churning out consistently good results, it remains a clear hold in my view.

 

Anyway, I plan to take a little profit at >110 only to bring it back down to less than 5% of my portfolio. 

And hopefully I will use that profit to buy some of the "value" that you speak of.  ;)


Edited by Hooligan, 28 October 2014 - 10:08 AM.

  • 0

#22 flexbender

flexbender

    Member

  • Junior Member
  • PipPip
  • 150 posts

Posted 28 October 2014 - 09:21 AM

Obviously the market prices in future earnings. It does that for every share.

What I'm saying is that at these levels you are paying way to much for those forecasted earnings.

In other words FBR's high PE cannot be justified by it's expected future earnings. My opinion.

 

Good business.

Way to expensive.

 

 

Apple - 16

Google - 20

Those are high PE's that can be justified...

 

Sasol for example is on a PE of 9... Comair on 7...

Now here's value I believe.

 

SAB is on 28... Anchor on 36... NPN is on 82 atm!

High expectations here. Very.

 

 

Yes PE is on EXPECTED future earnings. BUT, at what point does it become ridiculous?

I prefer looking at PEG.

Never only buy quality. Buy value.

 

 


  • 0

#23 Saints

Saints

    Little Master

  • Senior Member
  • PipPipPipPip
  • 553 posts
  • LocationSandton

Posted 27 October 2014 - 04:57 PM

The market is pricing in future earnings hence the high PE. It may take a market correction that hammers mid and small caps to bring this one down below R80


  • 0

#24 flexbender

flexbender

    Member

  • Junior Member
  • PipPip
  • 150 posts

Posted 27 October 2014 - 03:59 PM

As much as I love FBR this is nuts. It's way to expensive.

PE of above 25 now!

 

Who the hell pays that much for a consumer goods business??

Crazy.

 

Sold at R100.

Will wait till it's under R80 to buy gain. (Or when growth starts justifying PE...)


  • 1

#25 Saints

Saints

    Little Master

  • Senior Member
  • PipPipPipPip
  • 553 posts
  • LocationSandton

Posted 27 October 2014 - 10:51 AM

Yep this one never disappoints.

 

No clues as to why the share is still under cautionary though. 


  • 0

#26 gamma

gamma

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,470 posts
  • LocationEverywhere

Posted 27 October 2014 - 08:44 AM

Very strong results.
Revenue up nicely. Earnings strong. Margin getting even better. Debt very low.
  • 0
Do not try and bend the market. That's impossible. Instead... only try to realize the truth. Then you'll see, that it is not the market that bends, it is only yourself.

#27 Saints

Saints

    Little Master

  • Senior Member
  • PipPipPipPip
  • 553 posts
  • LocationSandton

Posted 03 October 2014 - 08:32 AM

Cautionary renewed which makes us all more curious what they are planning


  • 0

#28 gamma

gamma

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,470 posts
  • LocationEverywhere

Posted 22 September 2014 - 09:52 AM

Agree the cautionary is still active, the deal with Thrupps & Total is too small to affect earnings that a cautionary is required.

 

 

Spoke to their investor relations department and they confirmed it is still active.


  • 0
Do not try and bend the market. That's impossible. Instead... only try to realize the truth. Then you'll see, that it is not the market that bends, it is only yourself.

#29 Saints

Saints

    Little Master

  • Senior Member
  • PipPipPipPip
  • 553 posts
  • LocationSandton

Posted 22 September 2014 - 09:36 AM

Agree the cautionary is still active, the deal with Thrupps & Total is too small to affect earnings that a cautionary is required.


  • 0

#30 chrisp

chrisp

    Newbie

  • Members
  • Pip
  • 22 posts
  • LocationSandton

Posted 22 September 2014 - 08:07 AM

Is FBR still under cautionary or was the Total-Thrupps announcement it? Hardly a big deal to warrant a cautionary..

I believe the cautionary is still active


  • 0

#31 gamma

gamma

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,470 posts
  • LocationEverywhere

Posted 21 September 2014 - 11:18 PM

Is FBR still under cautionary or was the Total-Thrupps announcement it? Hardly a big deal to warrant a cautionary..


  • 0
Do not try and bend the market. That's impossible. Instead... only try to realize the truth. Then you'll see, that it is not the market that bends, it is only yourself.

#32 gamma

gamma

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,470 posts
  • LocationEverywhere

Posted 19 August 2014 - 02:46 PM

Possibly...or finally entering the Chicken segment...Chicken Licken maybe or possibly... let me rather not say the 'N' word on here..


  • 0
Do not try and bend the market. That's impossible. Instead... only try to realize the truth. Then you'll see, that it is not the market that bends, it is only yourself.

#33 Guest_Bandido_*

Guest_Bandido_*
  • Guests

Posted 19 August 2014 - 02:25 PM

FBR  is probably buying Ocean Basket


Edited by Bandido, 19 August 2014 - 02:26 PM.

  • 0

#34 Hooligan

Hooligan

    Advanced Member

  • Members
  • PipPipPip
  • 208 posts

Posted 19 August 2014 - 01:58 PM

clearly 'someone' has info...

 

Good to see my 2nd favorite company is up to their usual M&A antics. Been a bit quiet since the Biggs deal. 

Now you know for a deal to have a material impact on FBR it's likely big (much bigger than Biggs ;)

Must be, well the share price is moving up and I see net buyers so this should hopefully be good news? 

 

A little concerned as this is 8% of my portfolio, and I also have a long CFD on the side from 99.


  • 0

#35 Saints

Saints

    Little Master

  • Senior Member
  • PipPipPipPip
  • 553 posts
  • LocationSandton

Posted 19 August 2014 - 01:09 PM

Yep for a cautionary to be issued means it is significant. We have not seem one of these from FBR in a while so definitely something juicy in the offering.
  • 0

#36 gamma

gamma

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,470 posts
  • LocationEverywhere

Posted 19 August 2014 - 11:56 AM

Huge volumes through yesterday...in excess of 780,000 shares.

And today this

http://www.sharenet....19104000&seq=20

 

Share price moving up - anyone have any info on this?

 

 

clearly 'someone' has info...

 

Good to see my 2nd favorite company is up to their usual M&A antics. Been a bit quiet since the Biggs deal. 

Now you know for a deal to have a material impact on FBR it's likely big (much bigger than Biggs ;)


  • 0
Do not try and bend the market. That's impossible. Instead... only try to realize the truth. Then you'll see, that it is not the market that bends, it is only yourself.

#37 Hooligan

Hooligan

    Advanced Member

  • Members
  • PipPipPip
  • 208 posts

Posted 19 August 2014 - 11:45 AM

Huge volumes through yesterday...in excess of 780,000 shares.

And today this

http://www.sharenet....19104000&seq=20

 

Share price moving up - anyone have any info on this?

 


  • 0

#38 Hooligan

Hooligan

    Advanced Member

  • Members
  • PipPipPip
  • 208 posts

Posted 07 August 2014 - 05:49 PM

Directors have been selling this in the past month.

Another one through today.

This does raise some concern as a results update is expected in a month or 2.

 

 


  • 0

#39 gamma

gamma

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,470 posts
  • LocationEverywhere

Posted 17 July 2014 - 05:01 PM

Hope they haven't bitten off more than they can chew!

 

I back them. These guys are all ex-SAB and we know how SAB did in emerging markets.


  • 0
Do not try and bend the market. That's impossible. Instead... only try to realize the truth. Then you'll see, that it is not the market that bends, it is only yourself.

#40 Procrastinator

Procrastinator

    Member

  • Members
  • PipPip
  • 132 posts
  • LocationJHB

Posted 17 July 2014 - 04:57 PM

Still have this in my LTP - looks like its consolidating, its done nothing for the year.
 
Any view on what Mr Biggs will add from a performance perspective?


Hope they haven't bitten off more than they can chew!
  • 0
Where did those damn 10 baggers go?





Sponsored by Sharenet and VPSNine Linux VPS Hosting