Finsbury Food Share Discussion Threads

[sogoesit] 25/7/2015 17:41

Recommended in SharesMag this week as a "growth and income" stock.

[spaceparallax] 21/7/2015 15:52

Modest retracement - looking ready for the next step up

[jpjp100] 20/7/2015 10:05

wowzers

the team that has been assembled to lead FIF is doing a marvellous job

it is tough out there and to deliver 6.1% organic growth and simultaneously integrate a chunky acquisition ahead of plan and make another small, opportunistic acquisition...

well, the effort, skill and motivation required to pull that off is massive.

I send my sincere thanks and congratulations to everyone involved, FIF is a good thing to be involved in just now and I am sure there is more to come.

[spaceparallax] 20/7/2015 08:42

With the recent TS progress, I'd say these have a rosey future and a long way to run.

[topvest] 17/7/2015 21:21

Yes, it's all coming good. I bought these at 40p and 21p so patience has definitely been rewarded. I will start reducing at some point but they still look at a fairly compelling valuation and have lots of momentum so don't think it's quite time yet. Very pleased. Valuation will have helped LFI as well given their sizeable holding.

[paulturner006] 17/7/2015 21:02

Good write up indeed

[paulturner006] 17/7/2015 13:47

I would have thought not too late.
I think the consensus is that this is a stock that is really driving forward. Two acquisitions, only one factored into the figures and a hefty hike as a result. Good profit, dividend and future growth. Had it compared with a Greggs of tomorrow. I would be surprised if it stops here or much below 110p if not higher

[tom111] 17/7/2015 12:48

I have been looking but too late to buy now

[paulturner006] 17/7/2015 11:35

110p- realistic? Business looks sound does it have the legs to push that high, thoughts welcome

[philanderer] 16/7/2015 23:33

16 July Panmure Gordon 'Buy' ... target price 110p

[oooff] 16/7/2015 17:09

Tipped in Telegraph newspaper finance section.

[spaceparallax] 16/7/2015 09:02

superb TS, which explains the rise yesterday. The only concern is the leaking of news to a few privileged parties.

Looks like £1 is imminent.

[stewy_18] 16/7/2015 09:02

Great trading update. LTBH for me.

[amencorner] 15/7/2015 10:18

Yes nice to see; just caught the rise before leaving for Norwich

[spaceparallax] 15/7/2015 09:10

on the move again

[paulturner006] 26/6/2015 20:35

What's up with SP? Twice as many buys than sells?

[reddave999] 05/6/2015 11:57

I am starting to like the sounds of this outfit thanks guys for your input:)

[stewy_18] 03/6/2015 15:03

I think this will turn out a bit like Greggs. As FIF gets stronger, it will pick up more and more businesses on the cheap, grow via acquisition and improve its margins over time. Based on the brokers notes and some calculations I did, over £3 could be possible on a 3-5 year time frame. We shall see.

[topvest] 03/6/2015 14:20

Agreed - forward P/E only 10 so still cheap.

[spaceparallax] 03/6/2015 12:58

We're knocking on the £1 level - long overdue IMHO

[jpjp100] 13/5/2015 15:58

FIF isn't taking on all of the liabilities

It isn't buying the business as a going concern, but pulling out the bits it wants and leaving the rest for the administrator to tidy up

It is probably quite complex given the size of the deal: there must be a thought in FIF that the access to the coffee chain channel is lucrative enough to make it worth while

I expect, given the number of coffee shops and the market penetration that JJD had, they are most likely right.

[stewy_18] 13/5/2015 07:36

topvest, not sure what you mean by that. Can you explain?

From the RNS announces the proposed acquisition of the business, production assets, stock and customer list of Johnstone's Just Desserts Ltd ('Johnstone's') from administrators FRP Advisory.

[topvest] 12/5/2015 21:11

The balance sheet is irrelevant as they bought the trade not the company itself.