THT THONTONS PLC ...looks no reason why it cant go on and replicate last years upward action going into XMAS Mothers Day and Easter.
Looking to take out resistance at 134p 148p 160p and previous top of 165p.
Recent increase in volume and MACD positive.

FUNDIES
Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
29-Jun-13 221.05 4.29 5.31p 17.4 0.2 +101% n/a 0.0%
Historical P/E of 17 to june 2013.
Thorntons PLC
FORECASTS
2015 2016
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
N+1 Singer
12-11-14 BUY 10.68 10.90 13.97 14.40
Investec Securities
07-11-14 BUY 9.40 9.68 11.80 12.15
Charles Stanley Securities [R]
15-01-14 BUY 9.80 10.45 13.20 13.98
GROWTH
2014 (A) 2015 (E) 2016 (E)
Norm. EPS 111.97% 11.13% 29.36%
DPS % % %
INVESTMENT RATIOS
2014 (A) 2015 (E) 2016 (E)
EBITDA £18.40m £20.62m £23.79m
EBIT £10.95m £m £m
Dividend Yield 0.00% % %
Dividend Cover x x x
PER 12.98x 11.68x 9.03x
PEG 0.12f 1.05f 0.31f
Net Asset Value PS 24.16p 38.70p 55.20p
First Quarter Interim Statement.
http://www.investegate.co.uk/thorntons-plc--tht-/rns/trading-statement/201410130700070494U/