Finsbury Food Share Discussion Threads

[aleman] 02/11/2012 16:32

Boff - won't know if I have a sitter until last minute.

[battlebus2] 02/11/2012 16:13

Times six BBD.

[bigbigdave] 02/11/2012 16:11

Nah no tip, my little 10k top up :o)

[battlebus2] 02/11/2012 16:10

Yep tipped maybe?

[cockneyrebel] 02/11/2012 16:09

Bouncing here now?

CR

[woodcutter] 31/10/2012 17:27

Away in the far east Boff so can't do. Seems to have settled around 39/40p as expected.

b2 they're very indebted and i guess under pressure to sell some of the crown jewels. Don't know anything about the business(i never looked in detail as the debt was too big) but obviously can't raise funds by the look of it.


WC

[boffster] 31/10/2012 12:31

AGM on the 22nd, anyone going?

[battlebus2] 30/10/2012 17:40

Yep a disgrace that a local buyer couldn't be found.

[woodcutter] 30/10/2012 17:02

Sad to see so many famous brands going abroad.



Woody

[woodcutter] 25/10/2012 18:40

Boff that's terrible, aleman i can't believe someone of your intellect would know such stuff:-)) My sheltered life!!

I think those that bought in up to 40p are probably locking in their profits and maybe a few stop losses triggered too. Patience guys.

Aleman igr on the move today too.

WC

[boffster] 25/10/2012 15:59

Well, another chance to buy at 40p, will it go lower though or meet resistance here?

[aleman] 25/10/2012 14:24

For those that haven't a clue what Boff is on about (I'm not sure if Boff changed the lyrics deliberately or not):



I think it was one of those daft songs John Peel used to play from time to time. I think it may even have charted briefly.

[boffster] 25/10/2012 14:09

Fish cakes, fish cakes, roly poly fish cakes. Fish cakes, fish cakes, eat them up, yum..

[bonio10000] 25/10/2012 12:40

Are they moving into fish cakes?

[this_is_me] 25/10/2012 08:02

Institutions often have a policy of holding a certain level of investment in an individual share and part selling when the price goes up eg. if they buy £1 million of shares in a company and the value rises to £1.5 million they would sell £0.5 million worth. If the price then falls they would buy the shares back meaning they would then have the same number of shares they started with and cash profit as well.

[jpjp100] 25/10/2012 07:08

so, the share price seems to be taking a pause around here

double the value of the options granted to management a while back

a just reward for a lot of hard work

[jpjp100] 25/10/2012 07:07

I think the majority shareholder / former CEO made a good call in bringing in a new CEO and handing over a lot of the control of the company

can't have been easy to do

but the results speak for themselves

[boffster] 24/10/2012 13:24

Its a strong sign that supermarkets are just driving the suppliers too close to the wall. They will have to realise that business is a two way street and a 'slice' of the profits needs to be left for the suppliers. I am glad that premier are playing hard ball and refusing to operate marginal contracts. This can only serve to strengthen Finsbury's position. I dare say that Finsbury's business is more organised than premiers and they certainly have less debt to service as a percentage of revenue, so ought to be able to undercut them.

[woodcutter] 24/10/2012 12:02

Interesting article, wonder who the supermarket is, Tesco?



Impact on fif?


WC

[battlebus2] 23/10/2012 18:11

I notice Aviva are selling shares in a few other co's they hold. Don't read anything into this one.

[aleman] 23/10/2012 18:04

I don't think so. If it was an individual, it would have to give his name or holding company. I suspect its a nominee company to hold shares for several Aviva investment companies in one place to save administration. Previous shareholder lists from various sources have simply said "Aviva PLC" at just under 4%. It would be grossly misleading to the point of being against regulations if it were not them

[boffster] 23/10/2012 17:55

Is that not a nominee account, i.e. a private investor?

[woodcutter] 23/10/2012 16:47

Yep! that's quite a slug less than Boff though:-))


Any thoughts on that Aleman? seems odd thing to do having broken through the 40p resistance level from late 2008. And considering we're just getting going on the debt reduction.

I guess that's fund managers for you. We'll probably be flatlining for a while at 40pish now.

Woody

[aleman] 23/10/2012 15:54

Aviva sold over 400k shares.