|Finsbury Food Group
||EPS - Basic
||Market Cap (m)
Finsbury Food Share Discussion Threads
Showing 4401 to 4421 of 4425 messages
|I suspect a combination of sector malaise (reaction to the poor update from Premier Foods which highlighted the adverse impact of increased commodities prices and downgraded profit forecasts) and the underlying message in the FIF pre-close statement that making a decent profit is hard work and will require material ongoing investment - although we already knew that.|
|why is this share dropping like a stone|
|Good read, thanks for flagging.Link ishttp://www.telegraph.co.uk/business/2017/01/07/inside-finsburys-factory-makes-180000-cakes-week/|
|Telegraph business section has quite a detailed Finsbury cake factory article.|
|Trading statement is short & sweet
£101.5m sales in first 3 months, with good results in Europe (albeit still pretty small beer)
Highlights the headwinds and shows a controlled and flexible response including continued capex etc.
Happy with that.|
|Am I right in understanding that the latest LTIP literally gives the shares for free to the Directors if the attached conditions are met? I sincerely hope not. It's good to have incentive schemes and perhaps these should allow directors to buy shares at the historical market price but no way should these already well paid people receive several additional multiples of their salaries just for doing their job well. This is symptomatic of the worst of our capitalist society.|
|an unhelpful signal from our chair.|
|So, it's Lonfin that have caused the recent share price dip - can't see it lasting long given our recent results and continued strong progress.|
|Any profit-taking seems to be balanced by more buying - after a little airing in the journals, we should see a sustained rise towards 150p.|
|Should have updated this yesterday to make several important observations:
Net operating cash earnings came in at £20m+ though below my £25m projection, can be used to repay loans and meet CapEx.
Dividends payout has doubled from last year, expect it to increase in the future, as the company completes repaying off its loans or pay down debt to a level agreeable with its banking creditors.
N.B. The cost of borrowing is cheaper than equity!|
|There are several things interesting about Finsbury Food giving it a decent competitive advantage, they are:
-Food licensing for big names like Disney.
-Producing famous cakes like The Simpsons, Hello Kitty and Peppa Pig.
-Manufacturing bread and cake for big grocery retailers.
-Also, service snacks to pubs, coffee chains and hotels.
All these niche areas have improved Finsbury’s operating margins and will lead to a future increase in dividend increase.
The shares have made a good recovery for three years and holders are likely to see a further 50% upside.
For more click here: hxxp://www.stockopedia.com/content/finsbury-food-group-done-a-five-bagger-and-still-presents-compelling-opportunities-150836/
All the best!|
|Ta Jambo - how is life in the gorilla enclosure these days?|
|We are certainly attaining a critical mass that should enable us to strategically acquire promising bite-size complementary businesses whilst being big enough to fend off all but the most outlandish takeover bids. Given our outlook, it would be difficult for a predator to take us out for less than £2.50ps IMHO.|
|indeed nice results and an upbeat outlook
the 5% organic growth is an important result and great to see
the industry remains ripe for consolidation and I think FIF is positioning itself perfectly to participate in that consolidation, should the opportunity arise
I expect there are plenty of M&A opportunities out there, but that they are very optimistically valued by their current owners just now.|
|Superb results with every prospect of continued growth. Looking an attractive proposition on just under PER15 with very modest indebtedness, efficient systems and the capacity fot significant increase in turnover. All in all, this has been a prime example of a well-run, progressive company for the last few years with the market rightly responding to the consistently improving performance. I'd be very surprised if the share price doesn't continue climbing steadily towards 150p|
|know what you mean JP - more evidence of the mythical free market.|
|Hilton Food put out a positive statement recently, may be a bit of a read across here?|
|Tipped by Questor in Telegraph today may explain the rise.|
|price action like this always make me wonder if the forthcoming announcement has already been seen
am I paranoid?|
|I've got a few more than that but wish I'd put in many times the amount. Hindsight eh!|