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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Big Food Grp. | LSE:BFP | London | Ordinary Share | GB0004558713 | ORD 10P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
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|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | 0 | GBX |
Big Food Grp. (BFP) Share Charts1 Year Big Food Grp. Chart |
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1 Month Big Food Grp. Chart |
Intraday Big Food Grp. Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 03/5/2006 | 17:40 | Big Food Group>>The latest information. | 1,945 |
| 03/11/2004 | 08:29 | uppop | - |
| 17/9/2004 | 09:06 | BIG FOOD GROUP IN SERIOUS TROUBLE - 60P NEXT STOP | 13 |
| 12/7/2004 | 23:01 | BIG FOOD GROUP (was ICELAND) | 600 |
| 28/5/2004 | 21:00 | Is the company stable? | 9 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 22/12/2004 13:23 by welshbloke Icemanyou forget that one of the main problems faced by BFG over the past three years is the way store manager's have been straightjacketed by the "control" brought in by Hoskins and Grimsey. Sure that needed to be done given the state the business was in, but sadly the over cautious approach meant store managers were unable to trade the stores, something Iceland had always done very well. Further, in excess of £50m was spent on IT systems, the majority of which showed no return due to an ineffecive strategy of trying to merge businesses with little in the way of common processes. Some SAP was implemented at massive cost, and IT was outsourced to Pink Rocadde for MORE than the current runing costs. Hardly wise investments for a business in recovery and something the IT Management and the board should be ashamed of. With little in the way of cultural and process synergy these investments have resulted in changes which do not support the need for a business like Iceland to dynamically respond to changes in the market. This is why Malcolm Walker could be good for the company - he won't put rigid controls in - sure at some point they have their place, but not when you need to trade your way out in a fight. So is it a fair deal? Well yes, because the current regime have destroyed the business through their approach. Only months ago Grimsey was bragging about return to shareholders as the share price reached 188.The fact is in the years he has been in charge shareholders have seen a negative return on their investment for which he will have received in excess of £5m incuding bonuses. Now, were in not for the costs associated with the group structure, IT investments, refits etc, the group would actually have an operating proft some £25m higher........on that basis if Iceland can trade its way out, it does beg the question of what sort of profit it could generate. As an investor I'd quite like the opporunity of staying in - however given the option of taking 95p or letting Grimsey continue down a path of poor investment choices, poor strategy and wasted money, Ill be voting yes. |
Posted at 02/12/2004 11:58 by robbie_3 I reposted my thoughts, especially paragraph 3. "robbie_3 - 23 Nov'04 - 15:15 - 1838 of 1875 Small investors that can should hold on tight imo and not play into Bauger/MW's hands by selling out and delivering BFP's share price on a plate. I guess there may be shorting on recent news but I can't see the share price dropping to 80p target as investors recognise the opportunity to go long at these levels. Bauger with 22% will not want to walk away and sensible investors already know this. I would also have been surprised if due diligence had been a quick process, of course the longer this goes on the more disaffected shareholders become and the cheaper the deal. Only then will Bauger carve and sell off BFP making a nice little profit at the expense of small shareholders. That's what Bauger is good at. I also wonder how hard Grimsey is honestly working for small inverstors? If this deal with Bauger goes through no doubt Grimsey will do very nicely out of it. Bauger currently hold the cards but at some point soon they will have to show them. No amount of sounding out beforehand can ensure there are not others out there wishing to join the table. Some may remember the Kingfisher offer before Wall Mart's takeover of Asda. Bauger with 22% wins either way. Holding. " |
Posted at 23/11/2004 15:15 by robbie_3 Small investors that can should hold on tight imo and not play into Bauger/MW's hands by selling out and delivering BFP's share price on a plate.I guess there may be shorting on recent news but I can't see the share price dropping to 80p target as investors recognise the opportunity to go long at these levels. Bauger with 22% will not want to walk away and sensible investors already know this. I would also have been surprised if due diligence had been a quick process, of course the longer this goes on the more disaffected shareholders become and the cheaper the deal. Only then will Bauger carve and sell off BFP making a nice little profit at the expense of small shareholders. That's what Bauger is good at. I also wonder how hard Grimsey is honestly working for small inverstors? If this deal with Bauger goes through no doubt Grimsey will do very nicely out of it. Bauger currently hold the cards but at some point soon they will have to show them. No amount of sounding out beforehand can ensure there are not others out there wishing to join the table. Some may remember the Kingfisher offer before Wall Mart's takeover of Asda. Bauger with 22% wins either way. Holding. |
Posted at 09/11/2004 21:57 by sikhthetech The pension situation and costs control should become clearer this Thur when BFP announces their results. However, if BFP split Iceland and Booker isnt the breakup value more than the current share price. The other factor which doesnt really have a monetary value is the sites. Icelands have some very good locations which some of the larger players would die for. With Bauger increasing its stake in Somerfield, there maybe a possibility that they will bid for BFP, which in turn will push up Somerfield's price. Then Bauger can make some money out of selling its Somerfield stake. Interesting but who knows what tricks they have up their sleeve. I think a bid of 110p will reveal other buyers and may push the price up to 140p mark.... |
Posted at 28/7/2004 08:20 by bigface In a way I hope not Old Crow as Grimsby has a longer term plan and I don't want a them to do an "Abbey" to their shareholders. The refurbished stores accelerating Woodward and Premier expansion should stop the rot. The balance sheet is stronger than it was, but a merger with a lesser geared company would make sense. I would have put SOF and BFP together years ago. 9th July 2003 Group -0.5% Booker -1.2% - Tobacco -4.5% - non tobacco 1.6% Woodward 18.2% Iceland -0.2% SHARE PRICE JULY 9th 2003 84.12p 8th October 2003 Group 2.2 Booker 1.8 - tobacco 2.1 - non tobacco 1.6 Woodward 20.7 Iceland 1.7 SHARE PRICE October 8th 2003 110p at close Sales are down overall again by OVERALL 0.5% in July 2004 and the closing price today was 83.5p. If October Sales improve as the did to 8th October 2003 then 110p is likely |
Posted at 23/7/2004 20:22 by bigface To think I could have got out at a profit instead of buying more this pm. Looking back, as BFP rose from 24p to 180p a share I, personally, thought the rise a little overdone, but at 89p the balance of risk/reward is very different. goodfella thinks BFP will become insolvent and a buyer will pick it up for 15p a share - he is entitled to his opinion and, presumably, if he is as confident about his analysis as he seems to be, is likely to have taken a large short position on the company. My belief, having held Iceland, and then BFP, on and off, since 1996, is that the current volumn suggests that someone is building, or increasing a stake. It would not surprise me if an RNS confirms that shortly. Buys over 100,000 125,000 178,365 250,000 400,000 500,000 575,000 859,138 1,000,000 Sells over 100,000 150,000 250,000 250,000 Booker, Winward Foods and Iceland all have the potential to improve their performance. Having had direct experience of Bookers myself, I appreciate, that the Wholesale Business, in particular, has enormous scope for improvement. I acknowledge BFP is a risk - nearly everything is, but 5bn in Turnover is worth having despite reduced margins and remember BFP's sales declined overall by only 0.5%. There is a big buyer out there, that is obvious from the pattern of trades, however, if its Bauger he may well have a go at it at 105p a share. I have traded BFP many times and at a good profit (about 20% overall) but I am never complacent and people never really know what is going to happen - not even you goodfella. |
Posted at 14/7/2004 16:28 by bigface Yes thanks Flatty - SOF & BFP look interesting as ever!!Strange there is no price shift, perhaps they are going to bid for BFP afterall. In terms of the % of shares in issue trading volumn is as high here too flatty. Perhaps my proposed link is not as unfanciful as some think. Still holding on here obviously believing that (subject to a general market crash) 80p is far enough. The behaviour of the BFP share price reminds me of the last roller coaster. I made a packet and expect to do the same again. |
Posted at 08/7/2004 00:00 by flat eric3 Hi Bigface and Kingy - I'm glad that both of you cannot understand the real reason behind the fall in SOF and BFP. If you remember, I could not either as SOF began to retrace below NAV and I sold out. I have been watching both stocks closely since and still cannot see a reason to buy back at present. Still not sure what is driving these downwards, but I think 80p for BFP is still more than possible on charts alone. Bigface - I hope that you have not made one big mistake by switching into BFP from SOF in such a big way. Recent good advertising and lower prices at BFP show the desire to win back market share, but at what cost? Margins must suffer and it even looks like sales will be down further as well. Grimsey was, I think responsible, for selling off Wickes in a prior job, but buying into BFP purely on bid speculation is a risky business at this level I think. Hope I am wrong for your sake BF, but I can see 80p and possibly lower if Q1 disappoints. Remember also, that FIL sold out of both SOF and BFP at points that we all considered to be way too early. Maybe having to shift such a large amount of stock in both, their timing was bang on? Good luck boys. The Flat One. |
Posted at 06/7/2004 13:53 by bigface I paid 91.91 scotwhaehae - are u in or out at present.Upon what is your belief that the BFP share price will slump on the trading statement next week based. I am buying sub 93p until 12th. Your comments are much appreciated however and I hope you are genuine. |
Posted at 03/7/2004 20:29 by bigface The bottom is a difficult thing to call my feathery friend, but Booker should be capable of 40m all on it's own. From memory Iceland paid 10 x annual earnings for Booker which was about 360m. The balance sheet has suffered since, but the Tangible Assets Values are improving.Booker should be worth BFP's market cap on its own, but put BFP and SOF together and we have a much improved balance sheet for BFP and a lower PE for SOF. In short BFP & SOF fit and I have always considered a merger a real possibility. Similar customers and ethos too. I sold SOF (even though rate them to go higher) and switched into BFP big time because I see SOF bidding for BFP and as a consequence SOF's share price suffering in the short run. |
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