BGS News | BGS Message Board Posts


B&G Foods Inc.

  BGS website

BGS   /  Message Board  /  Read Message

 

 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board
Msg  892 of 900  at  7/5/2022 9:35:46 AM  by

E_K_S


 In response to msg 891 by  PinewoodsBear
view thread

Re: BGS News

More debt during an 8% inflation time . .Isn't that a good thing if you must own debt? Also, management stated they want to get debt back to their normalized rate by the end of the year.

That said, they still have more debt than I would like but always had since the Jolly Green Giant acquisition.

On the positive, they really have done well w/ that purchases, expanding their high margin specialty brands. Perhaps after this consolidation, maybe the goal will then be to get debt down to a more normalized level (pre Jolly Green Giant acquisition).

BGS one of my positions and I still am a buyer but at/below $19/share.

I have started to build a new position in food company Fresh Del Monte Produce (FDP) (started in Jan 2022).


     e-mail to a friend      printer-friendly     add to library      
|  
Recs: 1  
   Views: 0 []
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board

Replies
Msg # Subject Author Recs Date Posted
893 Re: BGS News PinewoodsBear 1 7/5/2022 5:58:20 PM




Financial Market Data provided by
.
Loading...