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Share Name Share Symbol Market Type Share ISIN Share Description
Finsbury Food Group Plc LSE:FIF London Ordinary Share GB0009186429 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 2.53% 81.00 80.00 82.00 81.00 79.00 79.00 438,106 15:59:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 313.3 17.0 9.8 8.3 106

Finsbury Food Share Discussion Threads

Showing 3951 to 3975 of 4800 messages
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DateSubjectAuthorDiscuss
17/8/2013
11:07
It is an interesting note and probably highly relevant to many stocks. However, as long term followers of FIF we are well aware of the crazy PER at which the share price languished for years; the recent recovery was long overdue and fully supported by the continually strengthening finances of the Company together with the big sale. I recently mooted and EPS of 10p for the coming results, some of which would be a continuation of the growth of recent years and some a result of the sale upon the balance sheet. If that figure's about right, we remain on a very meagre PER. I think for the note quoted to be relevant, the EPS would need to be nearer 5 and we would be operating in a much less predictable sector.
spaceparallax
17/8/2013
10:34
No problem aleman. i think we're probably going to tread water for a while now until the results. I thought you might be interested in this part of the recent results from FKE so i post it here as a general note. Although the London market is close to an all time high this buoyancy has not been accompanied by improved volumes which are currently at levels reminiscent of bear markets. One of the principal reasons for this situation is that markets have been driven artificially with liquidity created by Central Banks rather than by economic fundamentals. Interest rates, at historically unheard of levels, have meant that investors have been driven to invest in higher risk equities to achieve any worthwhile yield. Corporate earnings have enjoyed an unusual boost as overall profits as a percentage of GDP are at their highest level for decades; a level that history suggests is unsustainable. When, rather than if, profits as a percentage of GDP return to a more normal and sustainable level, interest rates return to their long term historical trend of 2%-3% in real terms, and when the risky experiment of quantitative easing ends, then markets may have quite a wake - up call. This will hopefully push volumes up to more normal levels. I noted on a few threads that i've been a little wary for a while now and continue to hold significant cash, although i've had a few nibbles lately on a number of smaller plays. Anyway make of it what you will it's quite an interesting note from a small independant stockboker. FIF may well be seen as a reasonable defensive play particularly with the improved divi so if we do see a major sell off FIF might not be hurt as bad as others. WC
woodcutter
16/8/2013
09:54
Roll on 23 sept - an eagerly awaited result set.
spaceparallax
13/8/2013
23:21
I thank you both for that. I keep forgetting FIF is AIM as it doesn't have many of the typical characteristics I associate with AIM stocks. Perhaps I should have been asking about the AIM 100 index. The lowest market cap there is about £10m but that will drop out. Indeed, several often drop out at a time. If we assume several will drop out next time, which leaves the smallest remaining market cap at around £50m, that would mean a stock with a market cap of £40m+ might well be in the running to join.
aleman
13/8/2013
17:56
Small cap index entry currently 110.9m hxxp://www.stockchallenge.co.uk/ See FTSE ranking. Not for AIM listed co's I presume though.
smartmoney100
13/8/2013
17:51
Not sure on that one aleman. FTSE small cap smallest constituent is currently IFL at just over £47m market cap according to telegraph so FIF at £47m is close. If they can make this index then that'll push more tracker fund institutions into taking a slice maybe. Would an AIM share qualify for this index i'm uncertain, perhaps it would have to be one of the aim indecies. some significant sells again today is lightbody offloading more i wonder. woody
woodcutter
13/8/2013
11:28
imminent tick-up under buying pressure.
spaceparallax
12/8/2013
13:03
Tremendous patience was required; however, the chart looks so strong currently with supporting fundamentals and debt reduction that the share price could take another rapid step-up to 80p this week even
spaceparallax
12/8/2013
10:50
Yes, patience has been rewarded already.
this_is_me
12/8/2013
10:49
Is this reaching a market cap where it is going to join one of the indices?
aleman
12/8/2013
10:36
wish all my investments went like this! WC
woodcutter
12/8/2013
10:05
Lively again this morning
spaceparallax
09/8/2013
23:42
Bigfrocks my old friend.... Take a lesson from that book of mine which you have... don't kick yourself for not making the perfect transaction! You've made a good profit, there will be other sound investments you can make with the proceeds. P.S. I would like that book back at some point !!
boffster
09/8/2013
18:16
I could be wrong as my memory is shot too but i still remember numbers like 90p :)) Will take a look thanks.
battlebus2
09/8/2013
18:12
b2 have a look at CRX, one for the future, you might try SDI too aimho.
woodcutter
09/8/2013
18:09
b2 if i recall correctly i orignally said 90p in two years time about a year ago when it was in the 30p range and then reiterated it when it was in the high 40p range so still another year yet but it's getting there, but my memory is fading these days so i could be wrong about the timing. The important point is that it's continuing to climb and i still beleive it to be undervalued, particularly if we get a progressive divi arrangement. I've always felt that divi development would bring more institutions to the table and that certainly seems to be happening typically Ruffer and they're no fools. I'm inclined to believe it could get to my rather exceptional forecast i gave when i quoted the 90p and that was as high as 120p with a little time. Much depends on commodity prices, energy costs and the pressure from supermarkets but we have good management and that's key to busienss success and i feel they'll deliver...........it's in their interests they like KPI options;-)) Woody
woodcutter
09/8/2013
17:16
I wonder what the next EPS figure will be - it'll help clarify just where we stand PER wise? I'm anticipating C10pps, which would mean we're currently on a miserly PER7; if that's the case, the 90p that you mention would easily be justifiable.
spaceparallax
09/8/2013
17:12
As long as you made a profit forget it. Very few can sell at highs anyway a great day again and the way this is moving Woodies 90p is closing in fast.
battlebus2
09/8/2013
17:02
if it was the right decision at the time, then you should be happy with it.
spaceparallax
09/8/2013
16:22
Feeling sick selling out at 66.5
bigfrocks
09/8/2013
15:41
touching 70p, long may and should it last. This business is continuing to steadily grow and achieve financial stability, which in turn boosts the EPS and justifies the significant long overdue rerating of recent months.
spaceparallax
08/8/2013
08:48
I see that David Marshall (non-exec. dir) has employed Mr Beale (effectively an employee of his) as chairman at another listed co. he controls and is the MD....Monteagle Marshall listed in Luxembourg. (both are non-execs. at FIF) I well I guess that by giving the chairmans job to a someone who feeds from your hand....should gtee that the chairman will never go against you or give you a hard time !! appears to ride rough shod over the regulations though imo. (I thought that the bod was supposed to represent the interests of all shareholders.....and to have some freedom of action...to ensure that workers and shareholders are suitably safeguarded (OK, often doesnt work at all on AIM ) and that an MD giving a key board role to an employee of the MD was against the rules... (Mr Beale is CEO of LFI subsidiary City Group...and LFI is controlled by the large shareholding of the Marshall family trusts...City Group is not listed but 100% of the votes are voted by David Marshall..so the Marshalls can easily remove any director at City Group such as Mr Beale Mr Beale is of course only on the FIF board as the financial man to represent LFIs stake ...noting that LFI played a large part in creating FIF...and if he fell out of favour with LFI..such as by opposing a David Marshall decision at Monteagle Marshall..then LFI could easily have him removed from FIF. (the rest of the FIF board would not try to keep a worker on the bod if his employer and large shareholder decided it didnt want him there....) LFI sleeping voting partner at LFI..and in my opinion addition of block of votes of sleeping partner WH Lamb Ltd to give over 50% ...WH Lamb looks to also act as sleeping partner for Marshalls to give over 50% at another Marshall controlled company, pure coincidence ? ...I doubt it...coincidence doesnt tend to happen to often in financial world if holding a sleeping partner stake costs tens of thousands of pounds...) ----- From Monteagle Marshall accounts....it appears that David Marshall uses a trust fund in Jersey to receive his salary or directors pay. One assumes it is tax free. If only everyone could do the same ! (would mean there would be no money for hospitals or schools though !)
smithie6
07/8/2013
09:40
i don't think there's much stock about so like NBI any buying pressure is forcing it exponentialy higher. Woody
woodcutter
07/8/2013
09:22
looking lively this morning - next step up into the 70s looking likely
spaceparallax
06/8/2013
09:52
Great to see just how solid the sp's looking
spaceparallax
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