Finsbury Food Share Discussion Threads

[chrisb1103] 10/3/2021 17:31

Undervalued yes but needs the dividend re-instating. "The Board anticipates another resilient performance in the second half" - So why the delay ?

[spaceparallax] 10/3/2021 15:25

Welcome John, I agree the share is seriously undervalued and sadly this type of share does suffer due to trading; however, one day the mkt will wake up to the embedded value within this very well managed Company.

[johnsoho] 10/3/2021 15:01

Just purchased my first shares in this company; I think this is currently undervalued and by the end of this year we should be somewhere between £1.40 to £1.50 but as always, time will tell!!

[spaceparallax] 08/3/2021 15:03

A nice tick-up this afternoon

[battlebus2] 24/2/2021 10:22

Yep, should see £1 again once the economy opens.

[jpjp100] 23/2/2021 14:37

Happy enough with the results today. A bit of an improvement in Poland - I think the Board will have had quite a focus on that after pretty much telling us they over paid for it in the last results. I don't think that sat comfortably with the Directors. Massive pay down of debt that will position it well if it needs to raise again for an acquisition or similar. Strong trading in what has been a very difficult period All in all, marvellous stuff.

[spaceparallax] 22/2/2021 13:09

The results ARE down, but in the operating climate most businesses would give their right arm to have results like these coupled with a slashing by 35% of indebtedness. I'm very happy to sit tight and enjoy the divi and the inevitable share price recovery to more reasonable levels that properly reflect the performance, solidity and outlook for a very well managed business.

[battlebus2] 19/2/2021 16:02

Results on Monday so 🤞

[spaceparallax] 19/2/2021 16:01

Hopefully we'll have our cake and eat it.

[battlebus2] 19/2/2021 16:00

Added several tranches. Stock very hard to buy. I suspect good news of a kind is imminent 🤞

[spaceparallax] 19/2/2021 15:52

Sp coming alive today

[bio_tango] 17/2/2021 08:46

Higher than usual volume yesterday, most likely transfer of shares between parties around the 71p, 72p mark. Results early next week.

[spaceparallax] 14/1/2021 17:00

Tbh, having seen it's effects elsewhere, I'd prefer to see the Company using such funds to institute a share buyback policy, which would introduce improved share price stability and enable the Company's value to better reflect fundamentals rather than the impact of short-termers and traders.

[chrisb1103] 14/1/2021 16:44

Be nice to see us heading back to over a quid. Be good to see a decision on re-instating the dividend with the interims. Am a right that there's been nothing further said since this last September? "The Board is minded to reinstate a dividend for F21 and will provide an update as these unknowns pass and our outlook is more certain."

[cheshire man] 14/1/2021 15:39

Indeed spaceparallax,,,,,,,very happy to hold onto this one :-)

[spaceparallax] 14/1/2021 13:36

An impressive TS. Fif are a really well-run company who have managed to keep a close watch on debt, whilst remaining open to astute growth opportunities.

[cheshire man] 31/12/2020 11:18

Lovely end to the year here for us :-)

[lancasterbomber] 31/12/2020 10:14

Big move today is it waking up at last?

[spaceparallax] 30/11/2020 13:24

The graph does seem to be attempting another step up

[spaceparallax] 24/11/2020 16:47

It would be nice if FIF find themselves in a position to commence a share buyback scheme to mop the casual sells and hence attenuate the crazy share price volatility. Year in year out they perform well and yet the share price yoyos wildly despite their sound fundamentals. The share buyback has been a major influence in the recent surge in one of my other shares MWE.

[greg the grinch] 24/11/2020 10:13

The price rise is only half baked.

[cheshire man] 24/11/2020 08:31

Another push north this morning I see :-)

[greg the grinch] 23/11/2020 19:01

Always beat yourself up if the decision was wrong - work out why you were wrong and adapt your trading style.

[spaceparallax] 23/11/2020 18:13

Never beat yourself up if the decision seemed right at the time.

[bishan bedi] 23/11/2020 16:16

yes I 'nipped out' of 50% of mine at about 68p last week, similarly regretting the action with good old hindsight!