Finsbury Food Share Discussion Threads

[bonio10000] 27/6/2012 12:46

Can't see the wood for the trees?

[boffster] 27/6/2012 12:02

Woody, only just spotted your post 731.

Wash your mouth out!! :o)

[boffster] 27/6/2012 11:52

This_is_me, liquidity is very poor as half of the stock is owned by the directors, and Aleman has the other half ;o)

[aleman] 27/6/2012 11:19

Very strong Jubilee effect on grocery sales.

[aleman] 27/6/2012 10:45

Been nearly 200k of straight buys over the last few days so between 0.3% and 0.4% bought without any sells. Not a bad run for FIF's liquidity (which is amazingly low for a company with over £200m turnover but that should change if they keep producing similar results to recent years). It would probably have jumped more if it hadn't started after a run of sells which would leave market makers with a few spare. 10k or 20k has regularly brought mark-ups in the past once market makers are short. Twice the jump would probably be normal for the amount of straight buying if there hadn't been the previous high selling.

[this_is_me] 27/6/2012 10:39

The volume is hardly huge is it?

[spaceparallax] 26/6/2012 16:18

interesting - don't know whether there's a link, but RGD are simultaneously drifting, almost as if holders are defecting

[boffster] 26/6/2012 13:53

Something afoot? Or just someone building a position / a few punters waiting for a perceived bottom before buying in?

[woodcutter] 26/6/2012 13:01

s34

small tick up today so you might be right

woody

[aleman] 25/6/2012 16:24

Wheat price creeping up a bit on fears over hot weather in the US. No real sign of any life in other input prices, though.

[s34icknote] 22/6/2012 14:29

I,m going to say the bottom has been reached today.

[woodcutter] 22/6/2012 12:25

Be patient the debt and no divi is the prime cause for investor caution. As i said sometime ago the shares i own which pay a divi have held up much better than those that don't in this current financial mess. I think investors are looking primarily at divi paying shares as the overall market is flat to declining so any recovery plays, and i'm in two, IGR the other, will always be vulnerable. You could argue that maybe the time to recover will be years and so the money would be better invested elsewhere for the time being but then you might miss the upturn when it comes.

Once the divi is restored and that might not be this year, who knows, this will begin to appreciate in value, i'm sure, and as Aleman keeps alluding to the constant annual debt reduction will eventually be recognised by the market.

It would be nice to think the four of us own the co. but i think we're some way from that, still if it keeps falling and we keep buying you never know. Just a few more pence and i'm back for more.

WC

[boffster] 21/6/2012 14:08

Between Aleman, Woody, share price and myself, we probably already own the company and just don't realise it.

[aleman] 21/6/2012 13:39

Strong results have seen the (weak) balance sheet improve for 4 years. If the end game is the final escalation of an ongoing trend, that must mean we are looking at a takeover bid.

Are you expecing a takeover bid, cr?

[boffster] 21/6/2012 13:23

Care to substantiate your comment CR

[spaceparallax] 21/6/2012 12:33

FIF continue to beaver away and will eventually turn the tide.

[bonio10000] 21/6/2012 12:26

????

It has been in and around these levels for a considerable period.

[callumross] 21/6/2012 12:24

Oops. Looks like the final endgame now :-(

[s34icknote] 20/6/2012 22:37

At these prices noes the time to bid!!!!
This and PFD please !!!!

[sir rational] 20/6/2012 21:08

I think there might be some takeover action in the food producers area

[edale] 20/6/2012 21:04

Usually get a pre close statement at the end of July. Guess it could drift till then so you might get your 20p.

[woodcutter] 20/6/2012 19:11

Edging ever closer to my 20p top up point. Didn't expect to see 20p again, patience is the key. Somebody seems to be drip feeding small sales, wouldn't be you boff?

WC