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Filta Group – from less than two months ago “confidence in the outlook for the remainder of the year” to…

By Steve Moore | Tuesday 5 November 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Previously writing on self-styled “leading commercial kitchen services provider” Filta Group (FLTA), in August last year with the shares at circa 230p I concluded precious little Benjamin Graham ‘margin of safety’ (“for absorbing the effect of miscalculations or worse than average luck”). Possibly one for the watchlist for a better entry level, but currently, with the potential reward v. risk trade-off looking heavily tilted to the latter, one I avoid. Today a “Trading Update”

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