Finsbury Food Share Discussion Threads

[spaceparallax] 20/1/2014 09:32

Indeed, lots of upside available here. Those able to sit tight will be rewarded handsomely.

[topvest] 17/1/2014 21:35

Patience required.

[joeywald] 17/1/2014 12:22

Very quiet here. I thought this share would be on everyone's new year shopping list as it looks well undervalued.

[spaceparallax] 10/1/2014 17:57

But I doubt that the free from profits outstripped the cost of interest on the debt burden that the sale has removed. Very happy to hold.

[blondeamon] 08/1/2014 13:46

I searched this board and there's no explanation of the 30% fall. Any ideas?

[amelio] 06/1/2014 12:49

This is the first new stock of 2014 added to my portfolio - don't let me down. :-)

[spaceparallax] 06/1/2014 11:38

welcome aboard.

[battlebus2] 06/1/2014 11:38

Great minds Cheshire Man and we are moving in the right direction :))

[amelio] 06/1/2014 11:36

Bought the fundamentals rather than chart here but it's come off rather a lot for no reason and due a rise. Looks cheap at this level.

[cheshire man] 06/1/2014 11:34

Good morning battlebus,,,,,,,,,,,in myself at this level,,,,,,,,,had been watching and waiting :-)

[battlebus2] 06/1/2014 11:27

Looks like a re entry point for me.

[amelio] 06/1/2014 11:20

Seems to have dropped off a bit over Q4 - cheap at this level imo.

[birdsedgeuk] 03/1/2014 12:31

I'm on board FIF after some research and tweet by traderdiary

[topvest] 27/12/2013 09:09

I'm hoping Finsbury will reach £1 at some point this year, which is my target for the company. I agree that the share price will bounce back as others buy in, after the recent bout of profit taking. The company is very well run and should do well in 2014. I've held these from buying at 40p and 20p + am also exposed through Lonfin which hold about 10% of the company, so very pleased with the 2013 recovery.

[spaceparallax] 27/12/2013 08:28

Thanks E1, a comprehensive write-up.

[el1te] 26/12/2013 23:56

Finsbury Food Group - A Continuing Transformation New write-up on Finsbury available below. Feel free to sign up to free email updates via the right hand sidebar and leave comments on the article http://www.theel1tetrader.com/2013/12/finsbury-food-group-continuing.html Good Luck with your investments El1te

[spaceparallax] 23/12/2013 08:18

happy to hold - the future here is bright

[aleman] 20/12/2013 13:45

Whilst one can never rule out some form of bad news leaking out, this share was always likely to see some weakness as the end of the tax year approached as many will be sat on significant gains which need to be managed. The short term weakness, with the shares holding below the 20-day and 50-day averages in recent weeks, looks to have been magnified by failed support at the 200-day average which may have panicked a few and encouraged technical traders to sell/short it down further. The good news is that traders don't have a good track record on making money as a group so their poor strategy can provide opportunities for patient investors. Based on fundamentals, particularly likely cashflows, FIF is starting to look very good value again compared to the rest of the market. I can't see it sitting below 60p for long. It's just too cheap at that level in a market where good value is getting hard to find. (Didn't staff get a chunk of shares issued this year? I sometimes find staff offload shares ahead of Christmas and it can move the price down in quiet spells.)

[mrphil] 20/12/2013 12:37

Yet another fairly big fall, what's going on?

[spaceparallax] 18/12/2013 18:38

mystifying

[mrphil] 18/12/2013 15:53

Good thanks Boffster, hope you are too? Could do with a few more positive days though, such a shame to see great gains to November then watch them dwindle away!

[boffster] 18/12/2013 14:15

Nice reversal, I should have been greedy at 58p! Hope you're keeping well MrP