Investing

Opinion on TSE:PBH

  • Last Updated:
  • May 15th, 2018 12:40 pm
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Member
Aug 14, 2010
468 posts
242 upvotes
Toronto
Jermyzy wrote:
May 15th, 2017 1:21 pm
Another strong quarter

http://www.newswire.ca/news-releases/pr ... 66963.html


Record first quarter revenue of $478.2 million representing a 25.5% increase as compared to the first quarter of 2016
Record first quarter adjusted EBITDA of $38.4 million representing a 53.0% increase as compared to the first quarter of 2016
Record first quarter earnings and earnings per share of $15.3 million and $0.52 per share, respectively, representing 66.3% and 52.9% increases as compared to the first quarter of 2016
Record trailing four quarters free cash flow of $130.8 million resulting in a dividend to free cash flow ratio of 35.3%
Invested $15.3 million in three business acquisitions
Subsequent to the quarter declared a quarterly dividend of $0.42 per share
wow...impressive. No signs of slowing down.
Deal Addict
May 22, 2003
2655 posts
1171 upvotes
Vancouver
Stock up 7% to ATH

BRIEF-Premium Brands Holdings Corp Q2 revenue C$577.4 million

Aug 14 (Reuters) - Premium Brands Holdings Corp

* Premium Brands Holdings Corporation announces record second quarter 2017 results and declares third quarter 2017 dividend

* Q2 revenue C$577.4 million versus I/B/E/S view C$561.3 million

* Q2 earnings per share C$0.90

* Q2 earnings per share view c$0.88 -- Thomson Reuters I/B/E/S

* Qtrly adjusted earnings per share $0.94

* Company is maintaining its guidance for its 2017 adjusted EBITDA margin to be in 8.5% to 9.0% range

* Company expects to continue to incur start-up costs at Phoenix plant until middle of Q4 of 2017

* Company is projecting $5.0 million in total Phoenix plant start-up costs for 2017 Source text for Eikon: Further company coverage:
Member
Aug 14, 2010
468 posts
242 upvotes
Toronto
Another record quarter for PBH. Finished the day up 7.26% and another 52 week high. Remember when this was a dividend stock? lol 5% dividend, that's one of the main reasons why I bought it. Now it's a growth stock.
Deal Expert
User avatar
Sep 19, 2004
21530 posts
3727 upvotes
Waterloo
TD raised to BUY, PT $122 (from $92), 28% upside

Too bad I sold this as I see limited upside and waiting for lower entry (even TD report says they were waiting for pullback to $80, ha), oh well
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Deal Addict
Jun 3, 2009
4154 posts
550 upvotes
Montreal
Anyone buying the dip here?
Deal Addict
May 22, 2003
2655 posts
1171 upvotes
Vancouver
Ouch, took a nice dent in my portfolio today. No, not adding, it already makes up about 10% of my portfolio.
Member
Aug 14, 2010
468 posts
242 upvotes
Toronto
Ouch, definitely made a dent in mine today too. It makes up about 8% of my portfolio, definitely won't be adding. If anything, I'll be trimming some more.
Member
Aug 14, 2010
468 posts
242 upvotes
Toronto
Well...it's up over 7% today, just shy of another 52 week high. 3 more acquisitions announced today.
Member
Aug 14, 2010
468 posts
242 upvotes
Toronto
Q4 results missed the street view, but still a fairly good quarter. Another nice dividend increase. 4 more acquisitions. More record earnings forecast. Hit another 52 week high today.

I continued to trim my holding a bit more over the last couple months in the range if $104-$107.
Deal Addict
Jun 3, 2009
4154 posts
550 upvotes
Montreal
Jermyzy wrote:
Mar 15th, 2018 12:19 pm
http://www.premiumbrandsholdings.com/pd ... -final.pdf

Record results and 13.1% increase in dividend, new 52 week high! Also 4 new acquisitions.
Wow this 3.44 B company spent 227M on those 4 acquisitions which will be accreditive to 2018 earnings. Payout ratio as of Dec 31 2017 only stood at 38.5%.

Too bad I didn't notice this company till 2016.
Member
Aug 14, 2010
468 posts
242 upvotes
Toronto
cn_habs wrote:
Mar 15th, 2018 3:36 pm
Wow this 3.44 B company spent 227M on those 4 acquisitions which will be accreditive to 2018 earnings. Payout ratio as of Dec 31 2017 only stood at 38.5%.

Too bad I didn't notice this company till 2016.
Yup, the market cap was under $500M when this thread was started. PBH gobbles up other smaller companies like there's no tomorrow.
Also, the payout ratio when I first bough this stock in 2014, was about 100%, and yielding 5%+. Which is why I bought it, for the dividend.
Deal Addict
May 22, 2003
2655 posts
1171 upvotes
Vancouver
Hm...I wonder how long they can keep this up for?

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