Finsbury Food Share Discussion Threads

[uhound] 22/1/2014 15:50

Agree that a trading update probably due this week and I tend to think based on share price performance figures will be flat.

At this level though looks good value unless there is a nasty supprise!

[spaceparallax] 22/1/2014 15:02

It does. On the issue of growth, unless we replace the contribution by Free From, the income stream will decline; however, the outgoings element will doubtless have declined by more given the substantial reduction in debt and its associated costs. Overall, I anticipate an improved EPS and a much reduced gearing, which to my mind indicates a more healthy company in a position to either manage organic growth (my preference) or take up promising minor acquisition opps.

In a nutshell, we have regained control of our healthy business.

[boffster] 22/1/2014 14:53

I am still expecting growth this year although at a modest rate. With EPS 6p+ and little debt, 55p looks a miserly valuation.

[spaceparallax] 22/1/2014 14:44

if the decline continues, I'm looking to shuffle more money into FIF. There are no fundamental reasons for this share price decline.

[el1te] 22/1/2014 14:16

Yes, but a lot has changed since then, not least the debt size.

[this_is_me] 22/1/2014 14:13

The last time that I bought them they were less than 25p.

[el1te] 22/1/2014 14:06

Sub-30p would be a ridiculous valuation and there will be plenty of investors willing to buy above that!

[this_is_me] 22/1/2014 14:04

I am just glad that I sold out last August (around 70p - unfortunately a little early) Now that it is a low or no growth stock with a low yield I will not be tempted to buy back in above 30p unless things change.

[el1te] 22/1/2014 14:02

Might as well re-post my article from a few weeks back. Always good to look back over the fundamentals when a share is dropping.



El1te

[boffster] 22/1/2014 14:00

I have it on good authority that the TS will be either tomorrow or friday

[joeywald] 22/1/2014 13:59

El

Let's hope so!

[el1te] 22/1/2014 13:51

Volumes don't seem to suggest that joey. The fall in the raw commodity prices should come across positively if anything

Expecting a fully fledged reversal when it's released (with a little luck!)

[joeywald] 22/1/2014 13:47

There was a pre-close trading statement on the 23rd Jan last year. I'm wondering if there will be one tomorrow and people have wind that the figures don't look too good.

[mrphil] 22/1/2014 13:43

Boffster, I nearly sold some at 70p but decided against it. Now starting to wonder if that would have been a sensible idea!

[boffster] 22/1/2014 13:05

This is becoming an annoyance

[smartmoney100] 20/1/2014 15:12

I guess so, I've been buying here recently, seems a very overlooked company at the moment.

[boffster] 20/1/2014 14:26

Indeed there seems to have been no fundamental reason for this decline, peeps selling out to buy into more exciting action stocks I would imagine.

[el1te] 20/1/2014 12:34

A trading update this week (possibly next) should get FIF back on track

[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.

:-)