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FIH Fih Group Plc

242.00
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Fih Group Plc LSE:FIH London Ordinary Share GB00BD0CWJ91 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 242.00 234.00 250.00 255.00 240.00 255.00 439 11:25:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Ferries 52.71M 3.12M 0.2494 9.70 30.3M
Fih Group Plc is listed in the Ferries sector of the London Stock Exchange with ticker FIH. The last closing price for Fih was 242p. Over the last year, Fih shares have traded in a share price range of 205.00p to 280.00p.

Fih currently has 12,519,900 shares in issue. The market capitalisation of Fih is £30.30 million. Fih has a price to earnings ratio (PE ratio) of 9.70.

Fih Share Discussion Threads

Showing 126 to 150 of 375 messages
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
DateSubjectAuthorDiscuss
18/3/2017
07:34
Yesterday's Investors Chronicle says in its Takeover section: ".....We recommend shareholders await a firm offer from Dolphin before choosing to accept or reject the current offer".

Sound advice!

whackford
17/3/2017
23:45
Me too, particularly since I sent their news desk an email alert. Sounds like you did too! Much more to come on this I reckon.
gheebee
17/3/2017
22:40
In the FT now - Surprised the Daily Mail didn't lead with this one.

It says they are the Falkland Islands biggest land owner.

weatherman
17/3/2017
15:58
Freely admit I've now sold out. Staunton should have increased their offer not reduced their threshold. Dolphin is about to be submerged in a political tsunami when Elsztein's miitary links are exposed and then the knives will be out for the Rowland family as well. Keeping FIC in public hands is the only acceptable way forward although the Swiss fish merchants might be allowed to take control of the board.
gheebee
17/3/2017
15:23
I think most of the shareholders have come to the same conclusion independently, ie that it is an opportunistic bid. The dilemma now is that we have Staunton not wanting to negotiate with Dolphin, and Dolphin having a political question mark hanging over it, all of which would perhaps be making people wonder if they should be selling in the market.
eburne1960
17/3/2017
14:04
I have no evidence hence using "appears" and "a sort of". I will simply point out that separate TR1s have been published that link together as you have just pointed out yourself. Anyway, have you seen that the Evening Standard has spotted the Dolphin story days after we did? Can't think of a better editor than George Osbourne to follow this one up.
gheebee
17/3/2017
12:17
GB - I'm not sure there is evidence of concerted party action. Argos have expressed their opinion about the low nature of the bid, Bonfide and Martin Janser believe it is worth more by buying above the bid price. Dolphin seem unimpressed by the low bid for their own reasons - their bid proposal may be a spoiling mechanism.
What evidence do you have?

weatherman
17/3/2017
07:32
They got a miserly 36% - so why extend without raising the offer? Shareholders would rather have no deal than a bad one because the assets of the company are worth more.
weatherman
16/3/2017
13:39
There does appears to be a sort of concert party forming. Buying to say no to Staunton to force a higher price from them is one thing but they do have to be careful to avoid the eye of the Takeover Panel monitors.
gheebee
16/3/2017
10:41
Martin Janser is still buying above the bid price - we'll see later how the cookie crumbles.
weatherman
15/3/2017
22:12
Umm, perhaps we shouldn't be quite so smug, Mr Lombard.
gheebee
15/3/2017
19:38
Shouldn't take them too long to conclude that he can have the art movers and the Portsmouth boat loan but the FIC with its land holdings is totally off limits.
gheebee
15/3/2017
19:25
Yes. the FKL govt rep in London is aware and considering their position.
bokorbilly
15/3/2017
19:06
That's the man.
gheebee
15/3/2017
19:01
Is this him - Argentinian property magnate
weatherman
15/3/2017
18:19
Argentina launches assault on Falkland Islands for the second time in my lifetime. Dolphin is owned by an Argentinian estate agent. Did he really think no one would notice?
gheebee
15/3/2017
09:26
WOW - Dolphin throws its hat into the ring.
weatherman
14/3/2017
17:33
hxxp://quaerocapital.com/documents/download/29756/
cariley
14/3/2017
17:32
Taken from the Argos Argonaut Fund Factsheet for February:

'Our second best performance came from FIH Group (ex-Falkland
Islands Holding). The company operates retail, property and services
activities in the remote Falkland Islands as well as two UK
businesses in the form of an artwork logistics business and the
operation of the Portsmouth ferry. The share rose 25% as the
company’s largest shareholder announced an opportunistic bid on the
company at 3.00 GBP. From our analysis, this valuation barely
covers the sum of the values of the art logistics, the ferry operations
and the net cash on the balance sheet, implying a nil value to the core
Falklands businesses. With the oil price recovering, the probability of
a successful development of the local offshore oilfields is increasing
which will lead to a big uptick for their businesses there (which
directly benefit from increased commercial visitor numbers). At the
same time, the warming of relations between the UK and Argentina
with the new president may also lead to the islands becoming less
politically isolated. With such a low valuation, we have continued to
increase our holding, and we expect the Rowlands family will have
to substantially increase their bid.'

cariley
14/3/2017
17:00
Many thanks for your prompt response, weatherman: certainly an urgent approach to the Broker seems a worthwhile first step,
albertedwin
14/3/2017
16:59
I think it is almost immaterial... I think it is now almost impossible for them to reach 75%, and quite likely they won't even get 50%. The real question is why does Rowland do if he gets between 50-55%? Bring on Thursday...
bokorbilly
14/3/2017
16:48
You will have to speak to your broker Albert. I don't know whether failure of a company to disclose relevant information in a bid document is illegal, or a civil matter if one felt cheated.
weatherman
14/3/2017
16:38
weatherman: does it therefore follow from your above analysis that a holder, having already reluctantly accepted this very low Offer largely induced by fear of the stated likely consequences of the promised delisting of the Company in the event of 75% acceptance, may now be entitled to withdraw his acceptance prior to the stated closing date of the 16th March ?
albertedwin
14/3/2017
15:08
In fact they have known of some of this since Christmas, certainly strong Christmas trading should have been noted in the bid documents, and now they announce this news after some will have made a decision about the bid.
weatherman
14/3/2017
13:50
So trading above expectations - that suggests their cheap bid will be rejected. I guess they had to get that out, but it upsets the apple cart for a low bid to be successful.
weatherman
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older

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