Finsbury Food Share Discussion Threads

[battlebus2] 19/6/2013 10:17

Continuing to move upwards :))

[topvest] 18/6/2013 20:35

Looking great here. It's been a long patient wait, but things seem to be coming good.

[edale] 18/6/2013 19:31

Normally a trading statement at the end of July so another six weeks away yet.

[aleman] 18/6/2013 16:36

Boff must be a happy bunny. I'm not terribly displeased myself.

[battlebus2] 18/6/2013 16:33

Yes very happy , just need some tasty news now!! :))

[woodcutter] 18/6/2013 12:56

b2 bet you're glad you're back in!!! should have added more than 8K. doh!!!

[battlebus2] 17/6/2013 18:16

Yep and i'm still of the view news is in the offing so have a decent holding now.

[this_is_me] 17/6/2013 15:49

Onwards and upwards!

[woodcutter] 14/6/2013 12:38

well if all the raw materials prices including energy, as shown in these charts, are falling then it seems likely we'll have some decent results and so on the back of the FD purchase i've added another 8K today. FIF is one of the few shares i've held in it's entirety over the recent fall out, it's now very much my biggest holding. I also think it'll be a safe play over the summer as we negotiate some choppy waters. Added to that i've taken a fair amount off the table recently to preserve profits and have to find a home for the cash so i'm looking primarily at good yielders and note Aleman seems to be doing similar having invested in PHNX. (forgive me if i've got that wrong Aleman) Chart looks good too.

[woodcutter] 11/6/2013 13:09

Strong breakout, engulfing candle pattern and rise in rate of change, slow stochastic and ADX looking strong too as is RSI. All indicators look very stable so we could see a substantive move up this time. Woody

[spaceparallax] 11/6/2013 10:16

looking seriously promising for a 60p breakthrough.

[spaceparallax] 11/6/2013 08:38

Pleasing Director buy and seems just the right time to trigger our next breakout

[this_is_me] 11/6/2013 08:38

It didn't take much to provoke a breakout!

[woodcutter] 11/6/2013 08:06

yep mine too!

[battlebus2] 11/6/2013 07:32

Time clock all askew. :))

[woodcutter] 11/6/2013 07:27

b2 did you go to bed last night:-)

[battlebus2] 11/6/2013 07:25

Very positive director buy :)) Directors' Dealings The Company has been informed that on 10(th) June 2013 Crawford Currie, an Executive Director of the Company, purchased 41,000 Ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 56p per Ordinary Share. As a result, Mr Currie's total beneficial holding in the Company is now 136,238 Ordinary Shares, which represents 0.21 per cent. of the total issued share capital and voting rights of the Company.

[woodcutter] 11/6/2013 07:24

lightbody finance director buying above the offer. fill your boots time maybe? i like it when the FD buys that's a very good indicator aimho. I've tried a few dumy buys recently and not been able to get a quote over the TD platform, phone only or leave in the market so i guess they're short of stock maybe. Someone seems to be mopping up any sales. Woody

[battlebus2] 10/6/2013 16:39

Another large buy today at 56p. :))

[this_is_me] 06/6/2013 21:53

Why do you suspect news maybe in the offing?

[battlebus2] 06/6/2013 20:35

I feel we will see a sharp rise soon as i suspect news maybe in the offing. DYOR etc.

[aleman] 06/6/2013 09:58

Chart looks very promising for completing closure of the gap and turning 60p into support. After that, I would say FIF look good value on recent numbers but no longer clearly undervalued, and 70p looks a harder nut to crack chartwise.. Fundamentally, (with plenty of numerical analysis in support in my previous posts) I have stated several times that I found it hard to believe how low Cenkos' EPS numbers were, although management here always seem to get forecasts they can beat by a small margin. We have a pre-close trading update in about 6 weeks and results in September. I'm optimistic we will be above 60p in the autumn on fundamentals that suggest numbers will be slightly ahead of forecasts, i.e. earnings more like 7p. THe chart looks like it is anticipating decent news in the next updates in July and September and making its move early. Other food companies I have compared FIF to, making it look cheap, have seen shares move up a bit further. Just look at Greencore's share price chart. So FIF looked a bit undervalued relative to others and the others have moved up a bit more.

[boffster] 06/6/2013 09:51

Nil Desperandum Woody, I'm still lurking here. Does nuking microwave meals and takeaway pizza remnants from the night before class as 'cooking'? :o)

[spaceparallax] 06/6/2013 09:22

chart looking very solid. Woody, am currently reading your eponymous book by Reginald Hill (Dalziel & Pascoe fame) - a big tome but a good read.

[woodcutter] 05/6/2013 15:16

yep i don't doubt that the cakes sales will improve with decent weather but i also feel when we've had such a prolonged bad spell there's room for a treat on the table, just a little something to cheer you up;-)) Not heard from the boffster for a while has he sold up and hibernated;-) b2 you're most welcome. Like to flash the pans myself, can't let mrs woodcutter in the kitchen, to delicate:-)) Indian and Thai my favourites and the umbrian italiano stuff too. Not a cake baker though, that i do leave to the wife. Aleman anymore thoughts on PNX since the results. Post on the thread and i'll pick it up there if you have. The share price looked to have broken out of it's immediate range. Woody